Hello, everybody! PrimeXBT would like to call your attention to a special analysis overview of BTC/USD. Bitcoin’s halving is just 120 days away and during past cycles, Bitcoin would rally ahead of the halving, which would be followed by a short-lived selloff that would occur just before the actual event. Each time the price of the crypto asset rebounded...
The intense volatility seen within the cryptocurrency markets demands that traders and investors stay informed at all times about the latest technical and fundamental developments, which is why PrimeXBT offers daily updates. News and Fundamental Analysis: TRON founder Justin Sun is cooking up a secret project that will bring “ multibillion benefits” to the...
Welcome to PrimeXBT ’s professional analysis of the stock prices of Luckin Coffee Inc. which is a chain of coffee shops. Fundamental Analysis and News: Often labeled the Starbucks (NASDAQ:) of China, Luckin Coffee (NASDAQ:) had a strong 2019 thanks to large unit expansion, huge revenue growth, and significant margin improvements. Fortunately, all of those...
PrimeXBT is here again with another technical analysis breakdown, and today we are taking a look at the GER 30 . The Germany 30 Index has continued to churn sideways above the 12900 key medium-term pivotal support and slightly below its strong resistance that exists around its all-time highs near 13590. The price action combined with the Relative Strength...
PrimeXBT has investigated the markets and found some relevant data about XRP/USD that we would like to share with you. Fundamental Analysis and News: XRP’s sudden surge was likely triggered after Binance launched an XRP/USDT perpetual contract for margin trading the other day. Quite possibly, a cumulative effect helped drive this fleeting surge, with all the...
PrimeXBT will now be offering a technical and fundamental analysis overview of USD/BRO . Fundamental Analysis and News: Oil had its wildest day since the Saudi Arabia attacks last year. After spiking aggressively as news of Iran’s missile attack hit the news wires, oil gave back all of those gains to finish much lower on the day. Brent is very close to daily...
PrimeXBT has investigated the markets and found some relevant data about XAU/USD that we would like to share with you. Gold showed in 2019 that it can shine even when the U.S. Dollar appreciates and the stock markets reach fresh record levels. So, 2020 does not have to be a bad year for the gold market. We previously pointed out that the markets currently...
Hi there! PrimeXBT will now be offering a technical and fundamental analysis overview of USD/CAD . Fundamental Analysis: While the recent USD strength has more to do with the ongoing consolidation phase and sparse trading conditions, mixed economics from the US troubled the traders the previous day. On the contrary, Canadian Manufacturing PMI also slipped...
Hello traders! PrimeXBT is here again with another technical analysis breakdown, and today we are taking a look at GBP/AUD . Currently, escalating tensions between the US and Iran are threatening to throw the global political and economic situation into further chaos, dampening market confidence in the risk-sensitive Australian Dollar (AUD) today. Australian...
PrimeXBT would like to call your attention to a technical analysis overview of LTC/USD . According to the official update made by Jan. 3, the Litecoin Foundation is utilizing BitGo’s multi-signature wallet for its cryptocurrency custodial needs. While neither company has yet to supply details on the partnership, the Litecoin Foundation published a post on...
Hello traders and investors! Welcome to PrimeXBT ’s special analysis of Ethereum, focusing on ETHBTC ’s price action as well as the digital asset’s fundamental developments. Fundamental News: The Ethereum Foundation (EF) revealed that developers are working on a new implementation of the Vyper compiler, due to “multiple serious bugs” in the existing...
PrimeXBT calls your attention to a technical analysis overview of USD/JPY. Fundamental Daily Forecast : The US Bureau of Labor Statistics on Friday reported that Nonfarm Payrolls in the US increased by 145,000 in December, missing analysts' estimate of 164,000. Additionally, wage inflation, as measured by the Average Hourly Earnings, dropped to 2.9% this...
The extreme volatility seen within the cryptocurrency markets demands that traders and investors stay informed at all times about the latest technical and fundamental developments, which is why PrimeXBT offers daily updates. Bitcoin’s move to fresh 2020 highs comes after Iranian missiles struck U.S. and coalition bases in Iraq, causing traders to reallocate...
Welcome to PrimeXBT ’s special analysis of Bitcoin, focusing on BTCUSD’s price action as well as the digital asset’s fundamental developments. Bitcoin entered the new decade with a record hash rate, which reached a maximum of 119.35 excesses per second. The complexity of mining has also increased. Recently, there was a downside extension for Bitcoin below the...
Hello, everybody! The intense volatility seen within the cryptocurrency markets demands that traders and investors stay informed at all times about the latest technical and fundamental developments, which is why PrimeXBT offers daily updates. The Ethereum MainNet has just undergone the Muir Glacier hard fork, less than a month after its Istanbul update on Dec....
PrimeXBT calls your attention to a technical analysis overview of XRP/USD . Fundamental Analysis and News: Ripple's Predictions for the Industry in 2020 and Beyond: As we stand on the doorstep of a new year and a new decade, Ripple's executive team shared their predictions of what’s in store for the industry. “I think you’re going to continue to see...
PrimeXBT would like to call your attention to a professional analysis overview of AUDJPY. Japanese inflation, as represented by the consumer price index (CPI), rose 0.5% year-on-year in November, beating the expected rise of 0.2% by a large margin. The core CPI, which excludes food and energy prices, rose 0.8% in November from a year earlier, compared to an...
PrimeXBT is here again with another professional analysis breakdown, and today we are taking a look at GBPCHF. Last week’s bearish engulfing candle suggests we may have seen a significant-top on the GBP/CHF . Which is interesting, as is suggests that we’re headed towards a hard Brexit. During an atmosphere of intense trade tension, Brexit, Presidential...