Analysis Crypto by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Price Prediction – October 20 Buyers and sellers are not pushing for a significant direction in the BTC/USD market operation. Therefore, the situation is dense as the price may relax near the $20,000 line for some time. After rising and decreasing between $19,342.12 and $18,923.03, price now trades around $19,280.42 at a minute 0.79 percent positive. BTC/USD Market Key Levels: Resistance levels: $22,500, $25,000, $27,500 Support levels: $17,500, $15,000, $12,500 BTC/USD – Daily Chart The daily chart reveals Bitcoin market may relax closely below $20,000 against the US Dollar for a while. The 145-day SMA indicator is at $19,457.29, beneath the $21,395.04 value point of the 50-day SMA indicator. Variant trading Japanese candlesticks have been forthcoming to characterize lower lows around the trend line of the smaller SMA. The Stochastic Oscillators have faintly swerved northbound from wit...

In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale notes that the index will likely rally back toward the 114.8 high. Greenback Index Starts Climbing Again After the Recent Pullback, Société Générale Economists See a ‘Prevalence of Upward Momentum’ The U.S. dollar, otherwise known as the greenback, has been a formidable foe against a myriad of fiat currencies this year. A large swathe of fiat currencies like the euro, pound, yen, yuan, and Australian and Canadian dollars have all suffered from the greenback&#x2019 ;s strength. On September 27, the U.S. Dollar Index (DXY) tapped a high of around 114.8, a height that hasn&#x2019 ;t been recorded since 2001. The DXY is an index that is levera...

Zcash (ZEC) Price Prediction – October 5 There has been a prolongation of business activities closely over the $50 trading line as the crypto market continues to garner energy above it over a couple of sessions until the present. The last thirty days of operations show that the price has traded between the low and the high of $52.15 and $66.71 value lines. Zcash (ZEC) Price Statistics: ZEC price now – $57.29 ZEC market cap -$887.5 million ZEC circulating supply – 15.4 million ZEC total supply – 15.4 million Coinmarketcap ranking – #54 ZEC/USD Market Key Levels: Resistance levels: $65, $75, $85 Support levels: $50, $45, $40 ZEC/USD – Daily Chart The ZEC/USD daily chart showcases the crypto market continues to garner energy above the $50 trading support level. The 14-day SMA indicator is at a $57.59 point, underneath the $66.66 value point of the 50-day SMA indicator. The Stochastic Oscillators have briefly traveled northbound into the overbought reg...