After only two days since its foray to the $17,500 area, Bitcoin (BTC) appears to have recovered fully after a dramatic spike to the $19k region over the weekend. Several other Altcoins joined in on the weekend rally, except for Ripple (XRP), which remains bearish following the Spark (FLR) airdrop snapshot. On Friday, the benchmark […]
Read moreGBPUSD Price Analysis – December 13 GBPUSD continued weakness under the 1.3260 level may see the pair being sold towards the 1.3000 level. A nerve-wracking weekend concludes with growing fears Brexit talks could collapse. The Brexit saga lives on, promising a high dose of action. Key LevelsResistance Levels: 1.3700,1.3514, 1.3313Support Levels: 1.3200, 1.3000, 1.2813GBPUSD Long […]
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Decentralized finance (Defi) looks like it will be the future of the finance world overall, and Chainlink is playing a critical role in this field. Chainlink’s role is to connect smart contracts with data from the real world. Chainlink is a decentralized oracle network. In the world of cryptocurrency, an oracle network is a data […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is in an uptrend since November 2. The share has reached the overbought region of the market. On November 11, a retraced candle body tested the 78.6% Fibonacci retracement level. The index will rise and reverse at level 1.272 […]
Read moreKey Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD has continued its upward move. The uptrend is facing resistance at level 0.7100. A retraced candle body tested the 88.6% Fibonacci retracement level. The resistance indicates that the Kiwi will rise and reach level 1.1129 Fibonacci extension. The Kiwi […]
Read moreThe accelerating rally in iron ore prices is pushing Australia as a whole today amid a sustained risk appetite. The Australian dollar is currently the strongest of the week, followed by the New Zealand dollar, while the Canadian dollar is close on the back of oil prices. Sterling remains the worst due to the “high […]
Read moreKey HighlightsLINK risks further decline to $6.14 lowThe coin faces rejection from the recent high of $16 Chainlink (LINK) Current StatisticsThe current price: $11.67 Market Capitalization: $4,625,555,54Trading Volume: $988,347,716Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis December 11, 2020Following its rejection at the $16 overhead resistance, LINK plunged to […]
Read moreMicroStrategy (NASDAQ: MSTR), a business intelligence company, has exceeded its previous plans to offer $400 million in convertible notes, as reported in a previous article. The firm announced today that it has ended up raising $650 million through senior convertible notes offering and confirmed that the proceeds will be invested in Bitcoin (BTC). Officially, the […]
Read moreKey Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 has been on an upward move. The index is consolidating below the resistance at level 26900. On November 18, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the index will rise […]
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