USDJPY Price Analysis – January 27 USDJPY rallies towards a key resistance zone as the 112.700 demand level defend further USDJPY retracement. The market broke out of consolidation in October of the previous year. The buying pressure shot the price to 111.950. The market retraced to 110.800. After two days of retracement, the market skyrocketed […]
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 is at the bottom of the chart but battles the resistance at $0.15. The altcoin is attempting to resume upward but is confined in a range. The cryptocurrency is fluctuating between $0.12 and $0.15 price levels. On January 26, […]
Read moreYou’ll agree with me that anxiety has taken control of cryptocurrency. Like always, Bitcoin is controlling the market. Despite the signs of its recovery, it can still fall lower. Going forward Bitcoin can rise to new heights this year. It can probably rise to $100,000…….. This rising could also propel other cryptos to higher heights. […]
Read moreThe US dollar gained against a basket of other top currencies on Thursday, following hawkish comments and plans by US Fed Chair Jerome Powell in the recently-concluded FOMC meeting. The greenback tapped a two-month high of 1.1193 per euro and held at the 115.06 top against the yen, this morning. The USD also hit its […]
Read moreWith the Nigerian National Assembly debating a bill that could institute a ten-year jail term for Ponzi scheme operators, the leading member of a Nigerian blockchain lobby group, Senator Ihenyen, has called on the House to consider developing a law to regulate the cryptocurrency industry. He noted that an “unregulated crypto space is not in […]
Read moreAUDUSD Price Analysis – January 27 AUDUSD bears take charge of the market from the 0.72370 significant level. The price has been making a frantic effort to move upward after the December 3rd, 2021 setback. The market rose above the next level at 0.71050 and can be observed to be following a channel. The subsequent […]
Read moreResearchers at American investment firm ARK Invest have promulgated a significantly bullish future for Bitcoin (BTC). The research team asserted that the benchmark cryptocurrency could exceed $1 million, with a market cap of $28.5 trillion, by 2030. ARK Invest, chaired by Catherine Wood, has remained steadfast in its support for Bitcoin for a while. Last […]
Read moreUniswap Price Analysis – January 27 In case the bears were able to exert pressure to break down the support level of $10, the price may decrease to the support level at $6 and $4 levels. Failure to break down $10 level by the bears, Uniswap price may increase towards $12, $14 and $16 price […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) is in a downtrend but it implies that the selling pressure is likely. Presently, UKX is above the 50-day SMA but below the 21-day SMA. This implies that the index is likely to be range-bound between the moving […]
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