The head of the French central bank, François Villeroy de Galhau, has cautioned that the European monetary sovereignty could come under significant pressure if the European Union fails to regulate cryptocurrencies. He noted that failure to act to thwart the role of the euro in the international scape. The governor of the Banque de France […]
Read moreKey Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is in an uptrend. The index is trading in the overbought region of the market. NASDAQ 100 price is making higher highs and higher lows. The bullish momentum is likely to extend to level15000. However, the index overbought […]
Read moreKey Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD is in a downward move. The currency pair has been facing rejection from the 0.73 overhead resistances. For instance, on May 28, NZD/USD pair was rejected as the downtrend resumed. After the rejection, the market declines to level 0.6922 […]
Read moreMonero (XMR) Price Analysis: July 04 When the bulls increase their momentum, the resistance level of $244 may be broken upside, which may increase the price to high of $281 and $322. In case the resistance level of $244 holds, price may decrease towards the support level of $189, $161 and $136 levels. Resistance Levels: […]
Read moreLast week, the dollar was the strongest, but Friday’s sharp drop following positive non-farm payroll job figures implies that its rally is already losing momentum. It’s still too early to declare the greenback’s bearish turnaround. Strong risk-on sentiments, on the other hand, might limit the Dollar gain potential and potentially cause a deeper pullback. In […]
Read moreXAGUSD Price Analysis – July 4 The Silver (XAG) sellers were unable to keep their price below the $25.00 level and began a new surge versus the US Dollar. The XAGUSD pair has moved into a positive zone after breaking through the mid $26.00 level. Silver is holding up while the dollar fell on Friday […]
Read morePhilippine’s national stock exchange, the Philippine Stock Exchange (PSE), is believed to have its eyes on cryptocurrency trading. The president of the PSE, Ramon Monzon, in an interview with CNN Philippines last Friday noted that the stock exchange should offer cryptocurrency trading for interested parties. Monzon noted that the suggestion was discussed in a top […]
Read moreKey HighlightsEthereum bulls break resistance at $2.240The biggest altcoin has reached an overbought region of the market Ethereum ETH) Current StatisticsThe current price: $2,314.48Market Capitalization: $269,566,723,335Trading Volume: $269,566,723,335Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 4, 2021 Ethereum has been making positive moves for the past three […]
Read moreLead JP Morgan analyst Nikolaos Panigirtzoglou has commented on when he expects the prevailing Bitcoin (BTC) bear run to end. In a recent interview with CNBC, the analyst asserted that Bitcoin would reenter a bull market once its market dominance exceeds 50%. Panigirtzoglou noted that: “A healthy number there, in terms of the share of […]
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