Tag Archives: Trading

Bitcoin cash price is facing a strong resistance near the $240 level against the US Dollar.The price is currently declining, but it might find support near the $220 level.There is a major ascending channel forming with support near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the key $240 resistance area to continue higher in the near term.Bitcoin cash price is struggling to gain bullish momentum above $240 against the US Dollar. If BCH/USD breaks...

Last month on September 23, crypto exchange Binance launched its U.S.-based subsidiary Binance US with the top seven cryptocurrencies available for trading upon launch. The Binance US platform is specifically tailor-made for Americans that functions under regulatory norms and rules.The Binance US platform adopts cutting-edge trading and wallet technology from its parent platform. Recently, to include more trading options, the Binance US has announced the listing of two new altcoins –...

Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...

EOS price is slowly climbing higher and it recently broke the $3.000 resistance against the US Dollar.The price is currently correcting gains, but it remains supported near $3.050 and $3.000.There is a crucial bearish trend line forming with resistance near $3.280 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could rise steadily once there is a clear break above the $3.300 resistance area.EOS price is trading with a positive bias against the US Dollar and...

Litecoin price started an upside correction after forming a base above $52.50 against the US Dollar.LTC price is currently consolidating above the $57.50 level and it could slowly climb higher.There was a break above a key bearish trend line with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip a few points, but it is likely to climb towards the $62.50 and $64.00 resistances.Litecoin price is showing a few positive signs against the...

Photo: Binance BlogCrypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well. In its announcement, the crypto exchange said:“Binance has launched P2P trading functionality with BTC, ETH and USDT available...

ADA price is currently correcting higher from the $0.0379 swing low against the US Dollar.The price is trading above the $0.0400 support area and it could continue to rise above $0.0450.There was a break above a major bearish trend line with resistance near $0.0390 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.0435 as long as it is above the $0.0380 support area.Cardano price is slowly rebounding higher against the US Dollar and bitcoin. ADA price...

Bitcoin price is consolidating above the $8,000 and $7,800 support levels against the US Dollar.The price is facing a strong resistance on the upside near the $8,350 and $8,400 levels.There are two key bearish trend lines in place with resistance near $8,350 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $8,350 resistance or it might decline further below $7,800.Bitcoin price is facing a strong resistance near $8,350 and $8,400 against...

The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is generally regarded as unsupportive of the sector especially with its repeated disapproval and postponement of its decision to allow Bitcoin Exchange Traded Funds (Bitcoin ETF). However, an executive from Bitwise Asset Management seems to believe strongly that the upcoming SEC ruling will come in the company’s favor.Speaking to CNBC on its ETF...

Tron price is gaining momentum and it recently climbed above $0.0150 against the US Dollar.TRX price is currently testing the $0.0165 resistance and it could rise further in the near term.There is a crucial bullish trend line forming with support near $0.0150 on the 4-hours chart (data feed via Bitfinex).The price could surge towards $0.0180 or $0.0185 once it surpasses the $0.0165 resistance area.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price is likely to...