Tron price failed to stay above the $0.0215 support and declined against the US Dollar.TRX price is now trading well below $0.0210 and it remains at a risk of more losses.There is a key declining channel forming with resistance near $0.0208 on the 4-hours chart (data feed via Bitfinex).The price could either rally above $0.0208 or decline sharply below $0.0192 in the near term.TRON price is facing an increase in selling pressure against the US Dollar, similar to bitcoin. TRX price must stay...
Read More »Bitcoin Price Analysis: After $600 Plunge In 48 Hours, Bitcoin Is Facing Huge Critical Support Area
And the volatility continues: The past three weeks for Bitcoin’s price were very volatile. While the coin reached its new year’s high at $10,500, the fluctuations to both sides refuse to calm down over the past days.On our recent Bitcoin price analysis, we mentioned that Bitcoin was surging $300 intraday (towards the $10,000) and that this, in high chance, also could turn into a temp correction before discovering new lows.Unfortunately to the bulls, and following the massive global markets...
Read More »Ethereum Price Analysis: ETH Showing Signs of Fresh Decrease
Ethereum price struggled to clear the $280 resistance and declined recently against the US Dollar.ETH price is declining and it is now trading below the $270 support area.There was a break below a major contracting triangle with support near $265 on the 4-hours chart (data feed from Coinbase).The price is likely to continue lower towards the $243 support level in the near term.Ethereum price is showing a few bearish signs below the $270 support against the US Dollar. ETH/USD could slide in...
Read More »#820 Bitcoin und traditionelle Märkte fallen, Vodafone bringt Bitcoin zum Mainstream & Warren Buffett Tron
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 820. Heute sprechen wir über folgende Themen: Bitcoin und traditionelle Märkte fallen, Vodafone bringt Bitcoin zum Mainstream & Warren Buffett gibt zu, dass er keine Kryptowährungen besitzt. 1.) Bitcoin & Traditional Markets Drop 3% as Coronavirus Spreads in Italyhttps://cointelegraph.com/news/bitcoin-traditional-markets-drop-3-as-coronavirus-spreads-in-italy 2.) Vodafone bringt Bitcoin zum Mainstream –...
Read More »Mortgage Rates Drop 8-Year Low amid Coronavirus Fears, Investors Flee to Safe-Haven Assets
The impact of the coronavirus spread outside China is giving jitters to the entire financial markets as the average rate on the 30-year fixed mortgage has hit a low of 3.34% on Monday.The situation in the global markets continues to exacerbate with the rising fears of the coronavirus spread. On Monday morning, Dow Jones futures and global markets plunged heavily after a sudden jump in the number of coronavirus infected cases in South Korean and Italy.The financial markets continue to take a...
Read More »Tron CEO Justin Sun Is Ultra-Bullish on Bitcoin, Claims Holding Large Sums of ETH and XRP
During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.The TRON founder and CEO Justin Sun is one of the most media-savvy personalities in the crypto industry. In his recent interview with CNN’s Julia Chatterley, Sun spoke about the future of the crypto markets. Justin Sun has...
Read More »Tezos Price Analysis: XTZ Plummets 12% Overnight As Bears Seemingly Take Control
Despite the latest price drops, Tezos continued to hold the 10th position in terms of market cap.XTZ pairs keep showing weakness as bears charge toward key support levels.Tezos broke down from a strong bullish area after losing 9%.XTZ/USD: Tezos Prepares For Huge Drop Following Wedge BreakdownKey Resistance Levels: $3.6, 3.9, $4.2Key Support Levels: $2.9, $2.55, $2XTZ/USD. Source: TradingViewSince our previous price analysis, Tezos has shown a lot of weakness after a failed attempt to conquer...
Read More »Warren Buffett Claims Cryptocurrencies Has No Value and Doesn’t Want to Own Any
Warren Buffett stated in an interview that Bitcoin and other crypto have no value. He didn’t change his opinion even though Justin Sun claimed to have given him some crypto assets after the lunch they had together.Warren Buffett claimed crypto including Bitcoin has no value, which is the main reason he does not own any and never will. His sentiments were taken strongly by the crypto community that thought he had changed his mind after spending a lunch meeting with Tron Foundation CEO Justin...
Read More »Plug Power (PLUG) Stock Rose on Friday while Market Was in Red, Could It Be the New Tesla?
Today the price of Plug Power (PLUG) stock is falling. But its recent market performance has shown that it could become the new Tesla.Plug Power Inc. (NASDAQ: PLUG) stock managed to grow on Friday while the whole market was actively losing its value. This has led many investors to consider Plug with its stock to be the new Tesla Inc. (NASDAQ: TSLA). It has also revitalized investors’ hopes in alternative energy as a whole. Sources indicate that the stock has risen by about 20% this month....
Read More »Changpeng Zhao: Bitcoin Is in for a Meteoric Rise
Changpeng Zhao, the CEO of Binance – arguably the largest and most popular cryptocurrency exchange in the world – says that the bitcoin price is set to increase heavily over the next few months.Changpeng Zhao – BTC Will Rise UpIn a recent interview, Zhao stated that he’s avoided predicting the bitcoin price up until this point on account of 50 percent of the time, these predictions will likely be wrong (Tom Lee could probably take a lesson or two from this man). However, this time around,...
Read More »