Tag Archives: Trading

The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t seen a generous recovery in Bitcoin at the moment. In any case, consolidation may likewise provide a recovery opportunity for long-term HODLers.After a previous mixed week,...

Stellar lumen price is struggling to climb above the $0.0565 and $0.0580 resistances against the US Dollar.XLM price is currently trading in a range above the main $0.0535 support area.There is a major bearish trend line forming with resistance near $0.0562 on the 4-hours chart (data feed via Kraken).The pair could dive towards $0.0520 before it starts a fresh increase towards $0.0620 and $0.0650.Stellar lumen price is showing bearish signs against the US Dollar and bitcoin. XLM price must...

Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...

After in September, Bakkt’s physically-backed Bitcoin futures platform finally started its work, a lot of crypto believers wondered what is next. Well, there is something. The U.S. Securities and Exchange Commission (SEC) recently approved a new investment fund that will invest in Bitcoin futures contracts. The registration statement filed by Stone Ridge Trust VI for the NYDIG Bitcoin Strategy Fund began with its work on Monday after the company, already in October filed Form N-2 with the...

During 2019, Ripple, a San Francisco-based organization developing the ecosystem around XRP has gained prominent partnerships to boost the use of XRP. XRP is one of the most pressing digital money forms for weekend recovery. The Asian session was portrayed with a slight 0.2% increase in price while the European session continues. Instability extends near the evolving technical pattern. XRP/USD bounces back at $0.2225 although it opened Friday session at $0.2228. In the hour of writing, XRP...

On Wednesday, Bitcoin jumped 9.92% from the day low of $7,080 to $7,775 during only 5 hours of the trade. However, at the end of the day, the price closed at $7,199. The Bitcoin price seems to be slowing down every time it meets resistance at $7,800 and cannot set a higher high above $8,000. Traders can see that the highest volume happened when the prices were $8,040 and $7,850. However, since prices started to drop as soon as they reached those heights, it can be presumed that the next bull...

With all the advancements currently being made in the crypto industry, there is a constant need for continuous sensitization and education as this is probably the only way to ensure that the sector maintains an increasingly robust growth. This need for important knowledge has been recognized by popular crypto personality Mati Greenspan, who used to be the senior financial market analyst at the eToro trading platform. Greenspan will now begin to make training videos on Bitcoin trading along...

Premier cryptocurrency lending service BlockFi has introduced a new feature. It is trading at no fees for Bitcoin, Ethereum and the stablecoin GUSD. The startup has been known to allow users access to returns on their cryptocurrency holdings by offering loans to borrowers against users’ cryptocurrency holdings and then passing across the returns in terms of interest on the loans while securing the crypto assets that were used as security for the loans.  While this model is known to have been...

Bitcoin cash price is facing a strong resistance near the $212 area against the US Dollar.The price is showing a few positive signs above the $202 and $192 support levels.There is a crucial bearish trend line forming with resistance near $212 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a strong rise if it breaks the $212 and $215 resistance levels.Bitcoin cash price is likely approaching the next key break against the US Dollar. BCH/USD must surpass...

Nowadays, everyone knows what Bitcoin is. In fact, more and more people learn about cryptocurrencies overall – and not only about the biggest one out there. As a result, many individuals want to take advantage of this new type of currency.Even if cryptocurrencies have been here for a while, people only now understand how beneficial they can be to their finances, especially in terms of trading. Therefore, they started looking for forex brokers that trade in Bitcoin as well.However, there are a...