fbpx

Nikolas Papas

Nikolas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of the Europe’s leading Brokers, as equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors. Currently Nikolas provides analysis and comments to online financial publications. Educational background in Economics (BSc), and Finance (MSc).

Cryptocurrencies

Cryptocurrencies Bullish Today with Gains Over 3%

March 6, 2020
Cryptocurrencies
BTCUSD Daily Chart

The cryptocurrencies rocketed today with gains over 3%. Bitcoin (BTCUSD) is 4.18% higher at $9,122 hitting the daily low at $8,699 and the daily high at $9,117. Bitcoin’s technical outlook is bullish now as the cryptocurrency broke above the 50-day moving average. First support for BTCUSD stands now at $9,400 the low from February 28, trading session. On the upside, the first resistance stands at 9,117 the daily high and then at 10,495 the yearly top.

Ethereum (ETHUSD) trades 3.73% higher at 232.90 with capitalization at 25.60 billion. The initial resistance for ETHUSD stands at $274.18, the February top while the first support stands at $213.47 the February low. Ripple is 2.75 higher at 0.2412. Litecoin is 4.05% higher at 62.85. The crypto market capitalization stands now at $260.77 billion.

Is this article Helpful?

Total Views: 201
 

Sign up to My Spread

COVID-19

China Bulls Tire & Earnings Apprehension – MARKET WRAP

Good morning. Here are our market highlights: – China Stocks Snap 8-day winning Streak – Shanghai Composite drops over % – European shares open lower, Wall St futures down – …

Most Viewed Articles

Most Popular Articles

Latest Market Commentary

China Bulls Tire & Earnings Apprehension – MARKET WRAP

Good morning. Here are our market highlights: – China Stocks Snap 8-day winning Streak – Shanghai Composite drops over % – European shares open lower, Wall St futures down – …

Popular Articles about Trading

No Result found