Tag Archives: Trading

ADA price is struggling to find strength above the $0.0370 resistance against the US Dollar.The price is likely to accelerate once it breaks the $0.0370 and $0.0385 resistances.There was a break below a major bearish trend line with resistance near $0.0362 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it struggles to clear the $0.0370 resistance area.Cardano price is facing an uphill task against the US Dollar and bitcoin. ADA price must clear $0.0385 to...

Bitcoin price started an upside correction from the $6,515 low against the US Dollar.The price is currently trading near the main $7,240 and $7,370 resistance levels.There is a major bearish trend line forming with resistance near $7,160 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to struggle near the $7,240, $7,370 and $7,515 resistance levels.Bitcoin price is approaching a major breakout resistance near $7,370 against the US Dollar. BTC could either...

On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...

Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the past day, the Bitcoin bulls have finally been granted a reprieve, with the BTC going from a weekly minimum of $6,526 to $7,378.13, which represents a massive increase of more than 10%. With this reprieve...

Die Trading-Begeisterung musste wie der Bitcoin-Kurs einige Verluste einstecken. So scheint der November nicht viel Optimismus übrig zu lassen, nachdem das digitale Gold an einem Tag knapp 600 USD ausgelöscht hat. Die Korrektur vertiefte sich dabei auf 7’200 USD. Schiff: Bitcoin-Prognose bleibt hartnäckig bei 1’000 USD Gold-Befürworter Peter Schiff betrachtet den Kurscrash von Bitcoin als Bedrohung....

Tron price started an upside correction after trading as low as $0.0131 against the US Dollar.TRX price is currently trading above the $0.0140 level, but it is facing many resistances.There is a major bearish trend line forming with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could continue to correct higher, but upsides are likely to be capped by $0.0160 and $0.0161.TRON price is currently trimming recent losses against the US Dollar and bitcoin. TRX price...

Ethereum price is currently correcting higher after diving towards $130 against the US Dollar.ETH price is trading near the $150 resistance and facing a strong hurdle near $155-$158.There is a key bearish trend line forming with resistance near $158 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle if it attempts to climb above the $158 and $160 levels.Ethereum price is trimming recent losses against the US Dollar. Having said that, ETH price is still in a bearish...

Transaction volume is an important metric often considered to determine the growth and popularity of a blockchain ecosystem. This is a go-to metric that often determines user activity and interest for a particular blockchain system. Well, XRP is the show stealer at this moment as it has surpassed both Bitcoin and Ethereum in daily transaction volumes.Last Saturday, November 23, the XRP ledger daily transaction volume hit a massive figure of 4 million. This is the highest recorded volume for...

Anthony Pompliano, a Bitcoin bull enthusiast, says that the hysteria surrounding the price of the BTC will probably increase more and more until there is “real blood on the streets”.In a new note to investors, Pompliano points out that Bitcoin has always forced weak hands to surrender, through extremely volatile cycles of new and arbitrary highs and lows.When Bitcoin reaches extended periods in an accumulation phase, it has always been caused by violent epidemics that have left investors...

Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...