Cryptocurrencies

Advancement in technology results in changes, and the blockchain technology and the resultant cryptocurrency is a phenomenon that has brought enormous changes in various financial decisions. Cryptocurrency is a digital currency that incorporates the blockchain technology to enhance encryption, regulate the generation of currency units, and authenticate funds transfer without relying on a...

Recently, Binance announced on its Twitter page with a post that showed 2.0 graphic. There were no words with the post, just an image that was accompanied by a section of the logo of Binance. Now the question that many are asking is that precisely what does the graphics mean if it has any meaning […]

BCOUSD Price Analysis – May 19   The last weekly candle closed bullish; which implies that Brent crude Oil may further increase in price and target supply level of $79 as long as the Bulls increase their pressure.     BCO/USD Market Key levels: Supply levels: $79, $87, $98 Demand levels: $70, $64, $58, $49 […]

NEM (XEM) Price Analysis – May 16     In the past five days of trading, NEM market has been maintaining an upward movement, gaining 150% after rising from $0.048 low. As of now, the cryptocurrency holds a market cap valuation of $897.6 million. However, the XEM markets trend in the same direction.     […]

Bitcoin (BTC) Price Analysis – May 11     Bitcoin’s momentum has been fast trending higher since the April 2 price increase which confirmed a bullish dominance for the market. As of the time of writing, BTC is trading around $6700 after surging to $7k earlier today. We can expect a further high level to […]

Binance Coin (BNB) Price Analysis – May 8     For the past two weeks, Binance Coin trading has been trending below the last high due to the supply forces in the market. As a result of this, the sellers appeared to be gaining control of the market. If the buyers manage to position trade […]

The Southern Methodist University recently put out a research paper that found a couple of standout facts regarding the cryptocurrency industry. Most notable is the finding that tweet count and Google search trends can help predict when crypto prices are about to change.     Correlation is key That’s right. As reported by Bitcoinist, the […]

Online payment transactions have never been more common. People buy and sell services and goods online more than face to face. The large volume of money being transferred online has attracted malicious elements that are gaining access to people’s funds and information with ever-increasing expertise. Most people transacting online only consider security as an afterthought […]

RPUSD Medium-term Trend: Bullish     • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.29, $0.27, $0.25   Yesterday, April 29, the XRP price was in a range bound movement below the 12-day EMA and the 26-day EMA. On April 26, a bullish candlestick broke the bearish trend line signaling the end of […]

ETHUSD Long-term Trend – Bearish     • Distribution territories: $200, $220, $240 • Accumulation territories: $120, $100, $80   After going through a specific trading range for a few days, Ethereum’s price dropped on April 25, during a process that weakened the cryptocurrency to the point it went under the $160 mark. The crypto’s […]