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.
Jan 31, 2020 at 12:28
News
Litecoin Breaks Resistance at $62, Unbroken Since September
News
Expectantly, the bulls have broken the resistance at $62 and the coin is approaching a high of $70. Before this time, the resistance at $62 has been an uphill task to break. The bulls made three unsuccessful attempts to break it. On January 29, the resistance was breached. Interestingly, the upward move is continuing but the coin may face another resistance at $70.
Jan 31, 2020 at 08:13
News
Ripple Holds above $0.23, Amidst Sleepy Market
News
Recently, Ripple broke above the resistance at $0.24 which re-energized the hopes of analysts. It was anticipated that a break above $0.24 will cause the coin to rally above $0.25. Suddenly, the price retraced and found support above $0.23.Similarly, On January 19, Ripple attained a high of $0.25, but selling pressure made the coin fall to the low of $0.22.
Jan 30, 2020 at 10:50
News
Ethereum Reaches Overbought Region, May Face Selling Pressure
News
In the last 24 hours, Ethereum turned down from the $173 resistance and failed to push the price to a high of $180 or $200. Unavoidably, the range-bound movement will continue between $157 and $173. Presently, Ether is falling from a high of $178. It may commence a downward move to the low of $160 where it bounced three days ago.
Jan 28, 2020 at 13:50
News
Litecoin Turns Down at $62 Overhead Resistance
News
Litecoin bounces as it makes an upward move to revisit the $62 resistance. On January 17, the bulls made their first attempt to break the resistance at $62 but were resisted. It is anticipated that if the bulls break the $62 resistance, LTC will rally above $66.
Jan 28, 2020 at 11:02
News
Ripple Bounces, Attempts to Push over $0.23 and Move to $0.25
News
XRP is bouncing at the $0.21 low, after a disappointing fall from $0.25 on January 19. Buyers have steadily moved the price to $0.23. In the same vein, if the bulls pick up the same momentum and push the price over $0.23, a rally above $0.25 is probable. Aggressive buyers can extend the momentum to $0.31.
Jan 27, 2020 at 14:07
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Bitcoin in a Decisive Move, Attempts to break Overhead Resistance
News
On January 26, Bitcoin fell to its presumed low at $8,250 and bounced up. It was assumed that at this low the price will bounce up and the $9,200 resistance would be breached. Later, the momentum will extend to $10,300. Will the bulls maintain the current uptrend? Bitcoin is approaching the $8,800 price level and may face resistance as it moves up.
Jan 25, 2020 at 12:40
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Ripple Plummets, Lacks Buyers at Critical Support
News
Unexpectedly, XRP dropped from $0.23 to $0.21 shortly after the bulls failed to defend the critical support. In the previous week, XRP has been ranging over $0.23 because of the inability of bulls to sustain above $0.25. Now the coin has fallen to $0.21again because of a lack of buyers at the critical support. It is doubtful if the current fall has ended. The market is still on a downward move.
Jan 25, 2020 at 11:49
News
Ethereum Moves up After a Breakdown
News
In the last 48 hours, Ethereum has been on a downward move, but within a confined range of $160 and $173. Today, the price reaches a low of $157 and it is making an upward move to reach a high of $173.
Jan 24, 2020 at 13:46
News
Litecoin Unable to Sustain Above $60, Faces Selling Pressure
News
Unfortunately, Litecoin reached its target price of $60 but could not hold on to a price above it. Litecoin has already fallen to $55 low. The current price level at $55 was a historical price level.