BTC/USD are trading at 6464 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $117 785 804 997. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, indicating pressure from Digital Gold sellers and a potential drop in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 1, 2020, we should expect an attempt to correct the value of the digital asset and test the resistance level near…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
ETH/USD are trading at 131.21 and continue to move as part of the decline and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $14 645 591 659. Moving averages indicate the presence of a short-term Ethereum bearish trend. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 142.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with…
LTC/USD are trading at 38.29 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 500 102 126. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines down, which indicates pressure from sellers and a potential drop already from current levels. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 42.55. Where again…
XRP/USD are trading at 0.1735 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $7 722 494 750. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.1855. Further, the continuation of the fall of cryptocurrency to the area below the…
BCH/USD are trading at 219.34 and continue to move as part of the bullish correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 028 397 086. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for April 1, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 225.05. Where again…
Long touted as just hype, investors are still making money from bitcoin. Here’s what they know and you don’t. Making money off of bitcoin may not be as simple as it once was. In 2009, when the coin was released, it was selling for basically nothing. In fact, up until 2011, you could snag a full bitcoin for less than a dollar. Which means if you spent $1,000 in bitcoin in 2011- you’d have millions now. In today’s market, you’d need a bit more start-up capital than just that grand to really make some serious money in bitcoin, but it…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate the presence of a short-term upward trend for the pair. Prices pierced the area between the signal lines, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1072. As part of the Forex forecast, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1.1165 area. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential…
Currency pair Pound/Dollar GBP/USD continues to move as part of a strong upward correction and a downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2396. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers and the potential continuation of the decline in the pair. At the moment, we should expect an attempt to continue the development of the bullish correction of the British Pound and a test of the resistance area near the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wedge» reversal pattern. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the signal lines, indicating pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6151. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6225. Further, the rebound and the continued fall of quotations in the area below…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.55. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have pierced the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on March 31, 2020, we should expect an attempt to continue the fall and test…