In its plan to add $10 billion worth of Bitcoin to its reserve, Terra (LUNA) has acquired an additional 2,830 BTC (worth $133.5 using the current exchange rate) to its wallet. Popular Chinese cryptocurrency analyst Colin ‘Blockchain’ Wu revealed that OKLink recently identified Terra’s foundation BTC wallet, noting that it now holds over $1.3 billion […]
Read moreEURUSD Price Analysis – March 28 Ability to break down $1.09 support level by the bears may result to further price decrease towards $1.07 and $1.06 support levels. Should Bulls defend the support level of $1.09, price may increase towards the resistance level of $1.11, $1.14 and $1.16 resistance levels. EUR/USD Market Key Levels: Resistance […]
Read moreNZDUSD Market Analysis – March 28 NZDUSD retraces to major levels to seek support for a bullish run. The market has been rising in an expanding channel since the 28th of January. The Stochastic indicated that the market was overbought. The market crashed from the 0.6850 major level and dipped into the demand zone at […]
Read moreAUDJPY Analysis – March 28 AUDJPY shows signs of weakness after the symmetrical triangle breakout on the daily timeframe. The market has formed lower highs and higher lows. This has caused the market to narrow down to the point of breakout. In the AUDJPY market, equal highs were created during October. The Moving Average changed […]
Read moreBitcoin SV Price Analysis – March 28 Further increase in the buyers’ momentum may breakup the resistance level at $105 level and increase the price to $123 and $150 price level. Inability to break up the $105 price level may lead to ranging market or a decrease in price towards the support levels of $90, […]
Read moreLucky Block Price Forecast – March 25 The Lucky Block price forecast is that the bearish trend will soon seize as the selling momentum weakens at $0.00220000. The buy traders are anticipated to regain control of the market as the price tapers down. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $0.00474100, $0.00336565Demand Zones: […]
Read moreUS Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) recently announced they joined forces to produce “a broad-based regulatory framework” to direct all cryptocurrency regulation efforts by US authorities. Speaking at a Politico Live event last Thursday, Senator Gillibrand explained: “The work we’re doing is going to be a very complex and intensive review of […]
Read moreUSD/CAD is recovering around a 2-month low, rising by 0.12 percent around in-day 1.2500 during the early hours of today in Europe. To do this, the pair recorded its 1st daily gains in 10 as the value of Canada’s main export substance (crude oil) dropped. Another factor promoting the pair’s value is the risk-off feeling, […]
Read moreKey Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair has broken the previous overhead resistance and may further rise to level 136.16. The first uptrend retraced to the low of level 133.72 and commenced an upward move. Further upward move is unlikely as the market reaches […]
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