Monero (XMR) Price Analysis: February 27 The resistance level of $185 may be penetrated upside and the resistance levels of $216 and $250 may be the target. Inability to break up the resistance level of $185 may result to further price decrease towards the support level of $142, $122 and $102. Key Levels: Resistance Levels: […]
Read moreKey Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is is making an upward correction but may face rejection at level 14095. The upward correction has reached the high of level 14079. However, in previous price action, the index has been repelled at the recent high. That […]
Read moreAs of Friday, the financial markets appeared to have stabilized, following the sharp sell-off recorded sponsored by the invasion of Ukraine by Russia. US, Asian, and European equity indexes closed higher on Friday, while commodities like WTI oil and gold closed the day with minor losses, indicating revived investor risk appetite. In the currency sector, […]
Read moreAs global authorities consider cutting Russia off from the SWIFT global interbank payments system as a sanctioned effort after it invaded Ukraine, pundits have warned that such action could drive Russian President Vladimir Putin towards cryptocurrency, as he scrambles to evade sanctions. Cowen Washington Research Group analyst, Jaret Seiberg, noted on Frida: “We believe Washington […]
Read moreEl Salvador President Nayib Bukele has announced the launch of the Bitcoin (BTC)-built veterinary hospital via Twitter on Saturday, noting that treatment at the monumental hospital would cost only $0.25 worth of BTC. Apart from breaking the record as the first sovereign nation to adopt Bitcoin as legal tender, El Salvador has also spent its […]
Read moreEthereum upward move is facing rejection at $2,850ETH/USD risks decline to $2,500 support Ethereum ETH) Current StatisticsThe current price: $2,714.88Market Capitalization: $325,102,827,716Trading Volume: $11,383,391,182Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis February 27, 2022 Ethereum’s (ETH) price is in a downward correction but is unable to break recent […]
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Read moreKey Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in a smooth uptrend as bulls resume a fresh uptrend . On February 24, the index made an upward rally to the high of $100. Simultaneously, the index dropped sharply to the low of $90. WTI is now hovering above […]
Read moreGBPJPY Price Analysis – February 25 GBPJPY experiences a successful breakout of a symmetrical triangle during this week of trading. There was a successful break of a descending triangle on the 4th of October the previous year. GBPJPY formed the descending triangle between May and October last year. The demand zone at 149.140 held the […]
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