Investing
Investing can be a complex process, and there are many different strategies that people use to try to maximise their returns.
Investing in cryptocurrencies is considered to be one of the risky investment strategies. Cryptocurrency investor must make a proper research before using their funds to buy or sell cryptocurrencies.
Coinidol.com offers latest news and analytics on investment strategies and trends on the cryptocurrency market.
Mar 11, 2020 at 08:40
News
Litecoin Plunges to a New Low, a Rally Is Expected
News
Surprisingly, after an impressive upward move to a high of $64, the bears struck and a breakdown occurred. From a high of $64, the downward move extended to a low of $48. At the low of $48, the bulls pulled back above $50.
Mar 10, 2020 at 14:08
News
Ripple Holds above $0.20 in Anticipation of a Bullish Move
News
In the previous analysis, Ripple was in a period of consolidation above $0.24 for almost two weeks. On March 7, the consolidation was broken by the bears. Ripple fell to the low of $0.20 and resumed another round of sideways movement. Nevertheless, at the breakdown point of fall, the price reached the oversold region.
Mar 09, 2020 at 11:46
News
Bitcoin Falls as Bears Overwhelm Bulls Above $9,000 Resistance
News
Surprisingly, Bitcoin has plunged below $8,000 after failing to break above the $9,200 resistance. The bulls have earlier broken the price range of $8,400 and $8,800 and push above $9,000. Bitcoin faces intense selling pressure at $9,200 as the market nosedived to the low of $7,822. On the downside, as the bears broke $8,400 support, the next support ought to be at $7,800.
Mar 07, 2020 at 09:51
News
Ethereum Is Driven Above $238 Resistance; a Rally to $286 Is Possible
News
Ethereum has made impressive moves in the last 48 hours as the bulls push the price above the $238 resistance. Now the uptrend will be without any constraint because price is over the EMAs. Secondly, the market will be in an uptrend as the bulls emerge from the oversold region. Presently, the bulls have broken the initial resistance at $238 and moved up.
Mar 04, 2020 at 14:56
News
Bitcoin Holds above $8,500 in Anticipation of Bullish Market
News
About 24 hours ago, Bitcoin was retracing after failing to break above the $8,800 resistance. The price can rally above $9,500 if the bulls are successful. At the same time, the price must have strong bullish momentum.
Mar 02, 2020 at 16:00
News
Bitcoin in a Deadlock, Can Bulls Break the $8,800 Resistance?
News
The bears have successfully defended the resistance levels, including $9,800, as the market drops to an $8,600 low. Further downward move or an upward move has been put on hold as Bitcoin resumes consolidation. The bears have not been able to push below $8,400. In the same vein, the bulls have not been able to push above $8,800. In other words, Bitcoin fluctuates between $8,400 and $8,800.
Feb 29, 2020 at 13:14
News
Ripple Recovers from Downtrend, Battles Resistance at $0.24
News
Over the past two days, XRP fell to a $0.22 low and reached the oversold region of the market. In the long run, buyers are on hand to push XRP upward. Unfortunately, the uptrend is hampered as the bulls are repelled at $0.24 resistance. Buyers came back to retest the resistance but continue to push the price over it.
Feb 28, 2020 at 12:01
News
Litecoin Falls to $60 Low as Bulls Fail to Push Price above $80 Resistance
News
Finally, LTC slumped to a $60 low after several attempts at the $80 resistance. The bears are undone as they threatened to push LTC downward. Earlier on LTC dropped to $58 low but pulled back to retest $64 resistance.
Feb 28, 2020 at 07:28
News
Ripple May Sink Below $0.22, Offers a Buying Opportunity
News
Ripple began a downward move soon after XRP was overbought at $0.34. In the last two weeks, XRP has dropped to a low of $0.22. During its downward move, the $0.28 price level has been knotty. The first bearish impulse was at the low of $0.28 where the bulls and bears tussle for a price over a week. Eventually, the bears have the upper hand, as XRP drops to the low of $0.26.