Trading Archives - Page 72 of 73

April 11, 2023

Litecoin (LTCUSD) Might Be on the Verge of Exploding to the Upside

Since the beginning of April, the Litecoin market has seen strong pulls and pushes from both the demand side and the supply side without any significant change in the position of the price. The market has maintained a sideways movement within the $89.49 and 93.10 price channels. Both the support le...

#Litecoin #LTC #Trading

April 07, 2023

The Storj Market Moves Along Within the Ascending Price Channel

The Storj bull market issues at $0.301. This was the point at which the market turned away from the bearish trend on March 11. Since then, the STORJ/USD has kept securing new higher lows after each of the price retracements at major resistance levels. In today’s daily trading session, it is very li...

#Storj #STORJUSD #Trading

April 06, 2023

The Struggle Between Neo’s Demand and Supply Tightens up as Bulls Retest the Resistance

For the past three days, the Neo demand zone has been very active. The motion of the supply zone was aborted near the support level as the bulls gather momentum around this place and due to their activities, the market is turning to the upside. The pressure is returning to the supply level. However...

#Neo #NEOUSD #Trading

March 29, 2023

Algorand’s (ALGOUSD) Price Pumps, Even With Low Trading Volume

After hitting the price mark of $0.29, the bears regain strength to turn the market around. The bullish support level at $0.20, which was also supposed to be the brick wall to limit the bear market, broke due to the increased pressure around the price level. But the Algorand buyers were able to sal...

#Algorand #ALGOUSD #Trading

March 28, 2023

Immutable X (IMX) Secures a Strong Basis to Stage a Bullish Cycle

As a response to the strong bullish run that propelled the price of Immutable X slightly above the $1.5 price level, we see the market going in favor of the bears for more than a weak. The brief bearish trend could be in response to the strong bullish move that made the market hit the […]

#Immutable X #IMX #Trading

March 27, 2023

How the IRS Taxes Cryptocurrency

The United States Internal Revenue Service considers crypto as an asset, which implies that crypto income and profits can be taxed. Recall that many of the cryptocurrency exchanges in the United States normally report to the IRS. And since the Know Your Customer “KYC” rule has been depl...

#.blockchain #Crypto #Trading

March 11, 2023

Hedera Hashgraph (HBARUSD) Bear Market Hits a Brick Wall at $0.057

In mid-February, the Hedera Hashgraph bull market had previously hit a brick wall at the $0.089 price level. Although the bull market still has much of its propelling force, it eventually had to succumb to the pressure coming from the main supply line. After a few days of indecision, on February 20...

#HBAR #Hedera Hashgraph #Trading

March 08, 2023

Immutable X (IMX) Price Rebounds to Retest the $1.2 Price Level

At the climax of the aggressive Immutable X bull market of last month, the price came above the $1.2 level, even testing the $1.3 level. But they could not sustain the market above the $1.2 price level because the bear market was triggered and the price was rejected. However, the force propelling t...

#Immutable X #IMX #Trading

March 07, 2023

Polygon (MATICUSD) Price Finds Refuge at the $1.129 price Level

The Polygon bear market that was triggered at the $1.53 resistance level on February 18 appears to be coming to an end at the $1.129 support level. For the previous daily session, the appearance of Doji candlestick patterns was a pointer that the bearish trend is weakening as it approaches the key ...

#MATIC #Polygon #Trading