This pair will first of all be influenced by Vitalik
Posted: Sun Mar 10, 2024 6:02 am
Trading according to technical analysis Just like in forex trading, technical and fundamental analysis can be applied in the cryptocurrency market. Cryptocurrency is a very young instrument, in which there are a lot of speculative components. That is why both options have advantages and disadvantages. Let's look at the fundamentals of trading in technical and fundamental analysis. 1. Trading according to fundamental analysis The cryptocurrencies presented are representatives of three types of projects. Payment systems (ВТС, LTC, XRP), decentralized networks for creating applications on their basis (ETH), anonymizer, payment systems with a high level of anonymity (XMR, DSH, ZEC).
Consequently, they will influence the course of the news. For example: ETH/USD (Ethereum vs US Dollar). Buterin's statements regarding the Belize Mobile Number List effectiveness of the fork being carried out, which includes the transition from the PoW algorithm to PoS. And although little information comes from him. However, ethereum is considered one of the most optimal coins in the long term due to the potential interest of new projects on its platform. XMR/USD (Monero vs US Dollar). Cryptocurrency encounters fierce resistance from legislation.
Used for the gaming market and other online services, the currency is completely anonymous. This issue was one of the reasons why the project lost its place in the Top 10 on the Coin Market Cap website. However, at the end of January information appeared about the possible future merger of XMR and LTC. It's possible that the developers are just padding information. But if this happens, the hybrid will be able to turn the cryptocurrency market upside down. LiteFinance: How to analyze cryptocurrencies? | Litefinance Despite the fact that there is no perfect touch of the levels, you can see them.
Consequently, they will influence the course of the news. For example: ETH/USD (Ethereum vs US Dollar). Buterin's statements regarding the Belize Mobile Number List effectiveness of the fork being carried out, which includes the transition from the PoW algorithm to PoS. And although little information comes from him. However, ethereum is considered one of the most optimal coins in the long term due to the potential interest of new projects on its platform. XMR/USD (Monero vs US Dollar). Cryptocurrency encounters fierce resistance from legislation.
Used for the gaming market and other online services, the currency is completely anonymous. This issue was one of the reasons why the project lost its place in the Top 10 on the Coin Market Cap website. However, at the end of January information appeared about the possible future merger of XMR and LTC. It's possible that the developers are just padding information. But if this happens, the hybrid will be able to turn the cryptocurrency market upside down. LiteFinance: How to analyze cryptocurrencies? | Litefinance Despite the fact that there is no perfect touch of the levels, you can see them.