Subject: Cryptos are in focus - here's how to trade

 
 
 

News & Market Analysis - April 12, 2021

Over the weekend, investors remained glued to their screens to watch the crypto price action. There is no doubt that there is a lot of optimism in the market, and investors aren’t only looking at the top crypto coin, Bitcoin. XRP, a more affordable cryptocurrency, has also gotten nice traction lately.


We expect to see more upward pressure for precious metals such as gold and silver. Gold prices moved above a major resistance level, the 50-day simple moving average, on the daily time frame last week. But today, we see the gold price struggling to stay above this important level.

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