Tag Archives: Trading

Tron price is trading with a positive bias above the $0.0145 support level against the US Dollar.TRX price is currently attempting an upside break above the $0.0152 resistance level.There is a contracting triangle forming with support near $0.0145 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to gain momentum if there is a clear break above the $0.0152 resistance.TRON price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. TRX price...

Ethereum price is gaining bullish momentum above the $145 resistance against the US Dollar.ETH price could continue to rise and it might break the $152 and $155 resistance levels.There is a key bullish trend line forming with support near $143 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but buyers are likely to protect $145 and $143.Ethereum price is showing a lot of bullish signs against the US Dollar. ETH/USD could continue to rise if it clears the $152...

It seems that traditional institutions are finally realizing that no-can-do without cryptocurrencies anymore. If we look at the market movements, there is huge impatience for the launch of CME Group Inc. options that should happen today.It is interesting because it is not the first of a kind. Bakkt that is under New York Stock Exchange parent Intercontinental Exchange Inc. began with the work in December last year. Moreover, as we have recently reported, yesterday FTX crypto derivatives...

FTX crypto derivatives exchange platform has begun services for Bitcoin (BTC) options. The announcement came in a tweet posted on Saturday from FTX CEO Bankman-Fried.Options are live!https://t.co/B85lrLVDQO— SBF (@SBF_Alameda) January 12, 2020The announcement did not include any specific details about the offering, only that its Bitcoin options. However, in another tweet just about two hours later, the CEO said the platform had hit $1m in volume, since the launch.FTX Bitcoin OptionsEven as...

Stellar lumen price is currently correcting lower from the $0.0500 resistance against the US Dollar.XLM price remains well supported on the downside near the $0.0466 and $0.0460 levels.There is a key contracting triangle forming with resistance near $0.0490 on the 4-hours chart (data feed via Kraken).The pair could start a nice upward move if it breaks the $0.0490 and $0.0500 resistance levels.Stellar lumen price is showing positive signs above $0.0450 against the US Dollar, similar to...

Ripple price is trading in a positive zone above the $0.2000 support against the US dollar.The price is facing hurdles near the $0.2200 and $0.2250 levels.There is a breakout pattern forming with resistance near $0.2175 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate gains above the $0.2175 and $0.2200 levels in the near term.Ripple price is trading in an uptrend above $0.2000 against the US Dollar. XRP price could start another rally if it...

If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only the beginning for the world’s king coin.$20,000 Prediction for Bitcoin in 2020In a recent conversation with Bloomberg’s Taylor Riggs which took place on Wednesday, Singh spoke quite...

Bitcoin cash price currently correcting gains from the $255 resistance area against the US Dollar.The price is approaching a couple of key supports near $227 and $225.There is a major contracting triangle forming with support near $232 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could dip towards the $225-$227 support area before it starts a fresh increase.Bitcoin cash price is slowly declining losing momentum below $240 against the US Dollar. BCH/USD could...

At the hour of composing, Ethereum is drifting underneath about 3% at its ongoing price of $138.51, which denotes an amazing diminishing contrasted with past daily highs of $148, which were set at the highest point of prior day’s rally and latest intraday high of $141.38.It is essential to see that Ethereum is very momentous up from weekly lows of $126, anyway it’s most recent advancement is by all accounts in danger of an inversion as bearish sentiments increases.The Ethereum bulls...

The United States Commodity Futures Trading Commission (CFTC) has previously allowed several crypto derivatives products to enter the market. In that context, CME Group, which offers Bitcoin futures, plans to launch options on BTC futures on January 13, 2020.While responding to the growing interest in cryptos and customer demand for tools to manage Bitcoin exposure, CME Group decided to launch options on BTC futures. As we highlighted earlier, the firm officially confirmed this launch last...