Connect with us

Crypto

Link in 5th wave.

Published

on

Link is approaching the $10 primary target and looks likely to reach it.  This could be an area where most traders will be looking to take profits out. However, it is currently dealing with an extended 5th wave. Within an extended 5th wave there is potential for the 5th subwave of the 5th wave to get extended as well, bringing potential targets of $12 – $13 into play. Although there is confluence at the 3.618, with an extended 3rd wave in the substructure, that does not appear to be the likely outcome.

After BTC created a new high of 12k In the 4h Bitcoin/Tether chart, it is now making moves to correct some of the rally made  last week , while still bullish in the mid term. Key levels to watch is 10,000  if they are broken we decide if bulls are still much active on the market.

note : This is not a trading strategy, neither is it a signal.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto

Bullish momentum for Bitcoin.

Published

on

Bitcoin price gained bullish momentum above the USD 52,500 resistance level. BTC even cleared the USD 53,251 resistance and it is currently  showing positive signs. If the bulls remain in action, there could be a steady rise towards USD 55,100.

Similarly, most major altcoins are extending gains. ETH gained traction and it even tested the USD 2,510 zone. XRP/USD broke the USD 1.157 resistance and it might continue higher

Stay tuned to Nairainvest to Nairainvest for more for more for more investment opportunities and do and do not forget to subscribe to our newsletter for news at your doorsteps.

Continue Reading

Crypto

XRP up 100% in a week.

Published

on

As organized pumping and dumping efforts continue to spread, the cost of XRP has multiplied in the previous two days, while other as of late siphoned coins have just smashed from their new highs in twofold digits.

On Saturday, XRP was exchanging at USD 0.281 before the convention strengthened and pushed the cost to USD 0.59 by Monday morning . A the hour of composing, the cost is up by 42% in a day and 113% in seven days. It bounced by 145% in a month and 144% in a year.

Additionally, XRP is back as the third biggest cryptoasset by market capitalization, after it slammed because of an administrative crackdown in the US.

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

Continue Reading

Crypto

Correction is the order of the day for cryptos.

Published

on

Bitcoin price is correcting gains from $ 40,500. The previous breakout zone near $ 36,550 could act as a strong support. As long as BTC is above $ 36,550, it might start a fresh increase towards the $ 40,500 level.

Many altcoins climbed over 8%, including VGX, IOST, DOT, CRV, BTCB, ATOM, HED, NEXO, LINK, and ABBC. Out of these, IOST started a strong increase after it broke the $ 0.021 resistance.

Stay tuned to Nairainvest for more investment opportunities and do not forget to subscribe to our newsletter for news at your doorsteps.

Continue Reading

Trending