Trading
Mar 27, 2020 at 15:54
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.
Mar 26, 2020 at 14:56
Ripple Consolidates, Faces Stiff Resistance at $0.17
The sideways moves are ongoing, as Ripple continues to trade between $0.12 and $0.17. Unfortunately, neither the bulls nor the bears have broken the key levels.
Mar 26, 2020 at 13:29
Ethereum Unable to Sustain Above $140, Lacks Buying Power at Higher Levels
Following the last bearish impulse, Ethereum is still consolidating between $100 and $140. At the low of $100, Ether was in the oversold region of the market.
Litecoin Makes Gradual Recovery, Can Bulls Sustain the Recovery?
Despite the latest breakdown to a low of $28, Litecoin is making positive moves to revisit previous highs. The bulls have moved the price to a high of $44.
Ripple in a Tight Range for a Possible Breakout
Ripple has ranged at the bottom of the chart for the past two weeks. It is unlikely the selling pressure will continue.
UK Seeks to Shape Digital Trade While Negotiating with US
The upcoming US free trade talks have provided an opportunity for the UK’s Department for International Trade (DIT) to negotiate provisions for digital trade, which underpins the UK economy and is vital to both service and goods exporting businesses.
Cryptocurrency Market in Turmoil Again, Bitcoin Hits $4,600
The cryptocurrency market, which successfully rebounded on the morning of the 16th of March, turned into a bear market again. Bitcoin broke the $5,000 line and is now settling just above the $4600 price level.
Cryptocurrency Trading Needs a Circuit Breaker to Neutralize Profits and Losses
As the price of Bitcoin trading plummeted by 50% overnight, there are opinions among investors that the cryptocurrency market needs to introduce a circuit breaker system like the stock market.
Ripple Plunges to $0.12 Low, Buying at Lower Levels Pushes Coin Upward
Ripple has finally plunged to a low of $0.12 after breaching the $0.20 support level. The bears have earlier overwhelmed the bulls at $0.24 to reach the $0.20 support level. However, the bulls defended the $0.20 support for five days before the bears broke the support level.
