What Influences Price In The Crypto Market?

As a notoriously volatile landscape, there's a tremendous opportunity to make (or lose) a lot of money in the crypto market. So it would be nice to know where prices would move in advance. While there's no crystal-ball method to predicting these sorts of things, cryptocurrency prices are far from random. However, we can make generic forecasts about where a coin is headed by paying attention to critical variables. Besides day trading, this can help long-term investors determine which cryptos…

Understanding the Concept of Continuation Triangles When Predicting Crypto Prices

Financial and crypto markets are some of the greatest investment options of our time, but they are probably the most complex. Even expert traders often make mistakes that lead them to losses, which always increase due to market volatility. However, some traders have garnered expertise in understanding the market charts, the supports, resistance, and breakouts. Often, some use tools designed to help understand the market, and one of those indicators is the continuation patterns. As the name suggests, continuation patterns…

5 Key Factors That Drive The Changing Cryptocurrency Prices In 2020

A central government or authority does not control cryptocurrencies, and they have a fixed supply, which makes their devaluation via inflation mostly nonexistent. Many people consider cryptocurrencies short-lived and unreliable, mainly as it could be unclear what affects their value. Besides, many enthusiasts don't know if it is possible to predict future crypto prices.   Crypto prices primarily depend on the value consumers place on them. A positive attitude from society is, therefore, vital to the value of crypto assets.  There…