Tag Archives: Trading

The cryptosphere is generally still celebrating Bitcoin’s spike to levels above $9,500 a few days ago, after it fell more than $500, a while before that. Currently, the market seems a tad invigorated by the Bitcoin rally and there is now a lot of hope that all of the bullish forecasts that swept the sector, could actually come to pass.Not only did Bitcoin surge, but as its wont to do, it seemed to carry major altcoins along with it, with some of them shooting up to 30%. In the same vein, the...

Tron price rallied recently and climbed above the key $0.0185 resistance area against the US Dollar.TRX price is currently correcting lower and it remains well bid above the $0.0190 and $0.0185 levels.There is a contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The price is likely to climb higher once again above the $0.0220 and $0.0240 resistance levels.TRON price is trading nicely in an uptrend against the US Dollar and bitcoin. TRX...

Ethereum price is showing a lot of positive signs above the $180 support area against the US Dollar.ETH price is likely to climb above the $190 and $196 resistance levels in the near term.There was a break above a crucial bearish trend line with resistance near $174 on the 4-hours chart (data feed from Coinbase).The price is setting up for another upward move and it could even surpass the $200 resistance.Ethereum price is gaining bullish momentum above $180 against the US Dollar. ETH price is...

Recently Bakkt announced that they had set a new daily record. They traded 1,183 contracts, respectively. One contract equals one Bitcoin, which means that the total volume was around $11 million. Also, this aligned with the recent Bitcoin price surge of 40%. This set people running back to the exchanges to grab a piece of the pie.Also, China news was a big factor in the recent surge in volume and Bitcoin price. China recently announced that they officially will embrace blockchain technology....

Stellar lumen price is gaining bullish momentum and is trading nicely above $0.0650 against the US Dollar.XLM price is likely to rise further above the $0.0700 resistance in the near term.There is a major bullish trend line forming with support near $0.0655 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside unless there is a close below the $0.0620 support.Stellar lumen price is trading in an uptrend against the US Dollar and bitcoin. XLM price...

Ripple price climbed higher recently and settled above the $0.2900 resistance against the US dollar.The price is showing positive signs and it could rally further above $0.3100.There is a connecting resistance trend line forming with hurdle near $0.3110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well bid above the $0.2880 and $0.2900 support levels in the near term.Ripple price is trading in an uptrend above $0.2880 against the US Dollar. XRP price...

On October 23, a severe crypto crash struck leaving Bitcoin hovering around the $7,500 level. Many of the investors said that they never thought this kind of buying opportunity would come again. Now, market leaders believe that the Bitcoin price may slide further before regaining its upward momentum.The fundamentals also have a lot to improve on and if the commentators are right, a further drop may happen before the end of the year. Notably, the latest Bitcoin drop has taken a huge toll on...

The president of the crypto services company, Crypto Capital, has been arrested by authorities in Poland for his alleged involvement in the crime. Ivan Manuel Molina Lee was recently picked up by Polish police under the accusation that he is deeply involved in several illegal activities including being a member of an international drug dealing cartel as well as money laundering accusations which were allegedly done by him using Bitfinex.According to local Polish media platform RMF24, Molina...

Bitcoin cash price declined heavily and traded below the $220 and $211 supports against the US Dollar.The price is currently correcting higher and it is trading above the $211 level.There is a major bearish trend line forming with resistance near $218 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the $218 and $220 resistance levels to continue higher in the near term.Bitcoin cash price is facing a strong resistance near $220 against the US Dollar. If...

Photo: Binance / TwitterBinance, easily the world’s largest cryptocurrency exchange platform, has announced today that it has opened deposits for users in Nigeria, to easily trade cryptocurrencies, using the Nigerian Naira (NGN). Binance has stated that deposits are immediately open for users to directly use the NGN to buy and sell select digital assets. This new feature was made possible through a partnership with the Nigerian payment technology company, Flutterwave.According to an...