Uniswap (UNI) has become the most traded asset among Ethereum whales, also known as the 1,000 largest addresses in the network, beating Chainlink out of the position. According to analytics platform WhaleStats, one of the whale wallets holds over $100 million worth of UNI. Apart from this, UNI remains the most held token on the […]
Read moreBNBUSD Price Analysis – December 31 The price may decrease further to $430 and $364 support levels provided the support level at $503 does not hold. In case the just mentioned level holds, BNB price may increase towards the resistance levels at $540, $599, and $678 BNB/USD Market Key levels: Supply levels: $540, $599, $678 […]
Read moreKey Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold’s (XAUUSD) price is above the moving averages as it faces rejection at an overbought region. Presently, the market has broken above the moving averages indicating further upward movement of prices. In retrospect, the previous downtrend has been terminated […]
Read moreKey Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price has broken below the 21-day line moving average as it reaches bearish exhaustion. The implication is that sellers will attempt to sink the altcoin further to the downside. DOGE price has fallen to the low of $0.17 and buyers […]
Read moreUSDJPY Price Analysis – December 30 USDJPY pulls back to the supply zone after a massive displacement on the 26th of November. The market was in long-term consolidation from early June till late September. During the period, the market ranged between the 110.750 supply zone and the 109.250 demand zone. A prominent breakout was seen […]
Read moreThe Japanese yen fell to a new monthly low against the British pound in the early European session on Thursday, as the GBP/JPY surged amid a reinvigorated risk appetite in investors. The investor outlook comes amid improved sentiment in the market as governments hold off on implementing new lockdown restrictions, despite the rising spread of […]
Read moreWe recently received a question from a concerned crypto novice about crypto safety. The question reads: “For a person like me who has a bad habit of forgetting passwords, how would it make sense to get into cryptos since they involve a unique string of 150+ characters and digits that you must never lose? If […]
Read moreAccording to recent data, the use of Replace-by-fee—a transaction option on the Bitcoin (BTC) network that allows you to increase the fee on a transaction after it has been submitted for quicker completion—increased by over twofold in 2021. Analysts opine that this could indicate that Bitcoin adoption has triggered an increase in competition for users […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is rising as it may resume uptrend. UKX price breaks above the moving averages. Today, buyers are attempting to break above level 7400 resistance. Since November 11, the overhead resistance level is yet to be broken. Presently, the […]
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