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Tag Archives: Trading

EOS Price Analysis: Upsides Remain Limited, Sell On Rallies?

EOS price is currently correcting higher after it formed a support base near $2.650 against the US Dollar.The price is facing a lot of hurdles on the upside near the $3.050, $3.100 and $3.350 levels.There are two bearish trend lines forming with resistance near $3.050 and $3.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher towards $3.100 or $3.350, but upsides are likely to be contained.EOS price is currently trading near key resistances...

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Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $60

Litecoin price declined recently and traded below the $55.00 support against the US Dollar.LTC price is currently consolidating losses near the $55.00 level, with many hurdles on the upside.There is a major bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could recover in the short term, but $60.00 and $62.00 are likely to protect gains.Litecoin price is currently in a negative zone against the US Dollar and...

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Cardano (ADA) Price Analysis: Crucial Consolidation Above Key Support

ADA price started consolidating losses above the $0.0350 support area against the US Dollar.The price is facing a strong resistance near the $0.0400 and $0.0420 levels.There is a key bearish trend line forming with resistance near $0.0420 on the 4-hours chart (data feed via Kraken).The price could either start a decent recovery above $0.0420 or it might decline further below $0.0350.Cardano price is struggling to recover against the US Dollar and bitcoin. ADA price could start a decent...

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Bitcoin Price Analysis: BTC Recovery Facing Uphill Task

Bitcoin price is currently consolidating losses above the $7,600 and $7,800 levels against the US Dollar.The price is facing a lot of hurdles near the $8,500 and $8,800 levels on the upside.There are two key bearish trend lines forming with resistance near $8,420 and $8,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to struggle in clearing the $8,420 and $8,500 resistance levels in the near term.Bitcoin price is trading in a bearish zone below $9,000...

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First Week Performance of Bakkt’s Bitcoin Futures Remains Disappointing

Last week, the Intercontinental Exchange (ICE) launched its regulated Bitcoin Futures contracts. While there was a lot of buzz before the launch, Bakkt failed to make an impact on the market.The Bakkt futures contracts saw very lukewarm response from investors. With one week since its launch, the Bakkt futures contracts have just $5 million in total trading. Bakkt’s Bitcoin futures contracts come in two options – daily and monthly settlement. The daily contracts settlements have received an...

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Unabhängiges Ratings Council für Cryptocoins gegründet

Große Cryptocoin Börsen haben sich zusammengeschlossen, um ein unabhängiges Ratingssystem für Crypto Token zu kreieren. Als Crypto Ratings Council (CRC) hat diese Partnerschaft der Crypto Börsen eine Bewertungsplattform geformt, die uns ein unabhängiges System für die Seriosität von Cryptocoins liefern soll.Crypto News: Unabhängiges Ratings Council für Cryptocoins gegründetCoinbase, Circle, Bittrex, Kraken und weitere US Crypto Börsen sind Teil des Zusammenschlusses, der den CRC bildet. Schon...

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Could Tether Be the World’s Most Used Cryptocurrency Ahead of Bitcoin?

What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....

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Tron (TRX) Price Analysis: Bulls Losing Momentum Near Key Resistance

Tron price started an upside correction from the $0.0117 low against the US Dollar.TRX price is currently trading near the key $0.0150 and $0.0152 resistance levels.There was a break above an ascending channel with resistance near $0.0144 on the 4-hours chart (data feed via Bitfinex).The price could climb sharply if there is a proper close above $0.0150 and $0.0152.TRON price is currently correcting higher against the US Dollar and bitcoin. TRX price needs to surpass the $0.0152 resistance...

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Ethereum Price Analysis: ETH Could Struggle To Continue Higher

Ethereum price started an upside correction after trading as low as $152 against the US Dollar.ETH price is currently trading above $175, but it is facing a strong resistance near $185 and $188.There is a crucial bearish trend line forming with resistance near $188 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle to surpass the key $185 and $188 resistance levels in the near term.Ethereum price is climbing towards a major resistance near $185-$188 against the US...

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‘Rule Of 10 Best Days’: Here’s How to Capitalize on Bitcoin as per Fundstrat’s Tom Lee

While today the crypto markets are starting to look a little alive and is seeing a somewhat green pattern, Tom Lee from Fundstrat tweeted a sort of reminder about the rule of 10 best days. He says that the majority of Bitcoin gains come in the ten best trading days. According to Lee, this only happens once a year. Moreover, he claims that when these ten best trading days are excluded, Bitcoin sees a -25% per year. More specifically, in the last bull run of 2017 Bitcoin saw an unbelievable...

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