Pakistan recorded a slump in imports by over 35% in July following a nationwide ban on non-essential imports. Commenting on the latest development at a news conference in Islamabad, Pakistani finance minister Miftah Ismail asserted that improving trade status would ease the mounting pressure on the Pakistani rupee (PKR). The Minister revealed imports into Pakistan […]
Read moreThe non-fungible token (NFT) market recorded some impressive trading volume in recent weeks, despite a decline in the broader market. Nonetheless, NFTs can be as volatile as other crypto assets, creating an avenue for informed traders to reap huge benefits and profits in the market. NFT Signals, a top NFT trade signal provider, revealed last […]
Read moreA recent on-chain report from Glassnode shows that the existing balance of Bitcoin (BTC) on cryptocurrency exchanges is on a massive decline over the past few months. According to Glassnode, all the BTC on exchanges sits around 2.4 million, about 12.6% of the total circulating supply. This report highlights the growing confidence in Bitcoin and […]
Read moreMonero (XMR) Price Analysis: July 31 In case the resistance level of $167 is broken upside, the price may increase to $185 and $203 resistance levels. Should the bears defend $167 price level, price may decline towards the support level of $124, and $108. Key Levels: Resistance Levels: $167, $185, $203 Support Levels: $142, $124, […]
Read moreKey Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downtrend as it holds above $90.54. WTI price is making a series of lower highs and lower lows. Each lower high is higher than the previous high. Today, the index is making a lower high of $101.87. USOIL […]
Read moreKey Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BullishGold is in a downward correction but approaches the overbought region at $1,830. Gold is now trading above the 21-day line SMA but below the 50-day line SMA. On the upside, if the bears break above the 50-day line […]
Read moreTechnical indicators: Major Resistance Levels – $10, $12, $14Major Support Levels – $8, $6, $4 DOT/USD Long-term Trend: BullishPolkadot’s (DOT) price is trading in the bullish trend zone as bulls target $11 high. It is fluctuating below the recent high but has retraced to the low of $8.22. The upward move is doubtful because the […]
Read moreKey Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishDogecoin’s (DOGE) price is trading in the bullish trend zone as buyers attempt to push price to $0.11. Dogecoin is trading at $0.07 at the time of writing. The price movement is insignificant because of the presence of Doji candlesticks. On the […]
Read moreResistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 is in a sideways trend as it approaches the high of 7423.42. The index price has broken above the moving average lines. Buyers intend to push UKX to retest the overhead resistance at level 7600. Since January 2022, FTSE […]
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