Analytics
Mar 31, 2020 at 15:44
Litecoin Is in a Tight Range amidst Possible Breakout
Litecoin is in a tight range as it consolidates between $36 and $40. The consolidation is close to the resistance at $40.
Mar 31, 2020 at 14:07
Ripple Fails to Sustain, May Attract Selling Pressure
The pair has been trading consistently at $0.17 for the past four days. Unfortunately, buyers have failed to sustain prices above $0.17. Certainly, the market would have risen to a high of $0.20, if buyers pushed the price above $0.17.
Mar 30, 2020 at 14:37
Ethereum May Start a New Uptrend if $140 Resistance Broken
Ethereum has continued its consolidation above $100 and $140 since March 12. The price consolidates with small body indecisive candlesticks like Doji and Spinning tops.
Bitcoin Is Making a Gradual Fall, May Retest $5,500 Low
Unfortunately, the bulls’ hope of breaking the $7,000 overhead resistance was dashed as the market dropped to a $6,200 low. The downward move extended to the low of $5956 before the bulls pulled back.
WHO, Microsoft Collaborating with Governments to Improve COVID-19 Analytics Using Blockchain
A series of tech companies including Microsoft, IBM, and Oracle are collaborating with the EU and US Centers for Disease Control and Prevention, World Health Organization (WHO) and others to develop a robust blockchain solution for COVID-19.
Ethereum in a Tight Range, Attempts to Break $140 Resistance
Ethereum's current fluctuation may linger on for some time as the market drops to $129. Earlier on the bulls have been making concerted efforts to break the resistance at $140.
Ripple Attempts Upward Move, Breaks $0.17 Overhead Resistance
A positive move has been made by the bulls as they penetrated and broke the two weeks old resistance level. Undoubtedly, as earlier discussed this move may attract more buyers in the long run.
Litecoin Lacks Buyers at Higher Levels, Faces Selling Pressure at $40 Resistance
Following the last bearish impulse which resulted in the low of $28, Litecoin trades below $40 resistance. The market is consolidating between $28 and $40.
Bitcoin Cash in an Upward Move, Battles Minor Resistance at $232
Bitcoin Cash has been consistent in its upward move as it broke the resistance line of the descending channel. BCH is likely to face selling pressure at this resistance level.
