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GBP/USD Reaches Oversold Region as It Declines to Level 1.0966

Technical indicators: Major Resistance Levels – 1.2800, 1.2900, 1.3000Major Support Levels – 1.1900, 1.1800, 1.1700 GBP/USD Long-Term Analysis: BearishGBP/USD is in a downtrend as it declines to level 1.0966. On September 12, buyers failed to keep the price above the 21-day line SMA. This resulted in a further downward move. Meanwhile, on September 7 downtrend, […]

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Solana Hovers above $30 as It Risks Further Decline

Key HighlightsSolana has reached bearish exhaustionSOL/USD may revisit the previous low at $26 Solana ( SOL) Current StatisticsThe current price: $31.23Market Capitalization: $15,961,262,010Trading Volume: $1,246,869,226Major supply zones: $50, $70, $90Major demand zones: $40, $20, $10 Solana (Sol) Price Analysis September 21, 2022 Solana’s (SOL) price is in a downtrend as it risks further decline. Since […]

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Litecoin Fluctuates above $52 as It Faces Rejection at $53

Key HighlightsLitecoin consolidates above the $52 supportLTC/USD turns down from 21-day line SMA Litecoin (LTC) Current StatisticsThe current price: $52.38Market Capitalization: $4,398,135,048Trading Volume: $532,134,958Major supply zones: $200, $220, $240Major demand zones: $80, $60, $40 Litecoin (LTC) Price Analysis September 20, 2022Litecoin’s (LTC) price is in a downward move as it faces rejection at $53. Since […]

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Ethereum Declines as It Holds above $1,400 Support

Key Highlights Ethereum faces rejection at the $1,800 resistance zoneETH/USD declines to the low of $1,430 Ethereum ETH) Current StatisticsThe current price: $1,436.63Market Capitalization: $175,724,087,947Trading Volume: $17,441,779,448Major supply zones: $1,800, $2,000, $2,200Major demand zones: $1, 700, $1,500, $1,300 Ethereum (ETH) Price Analysis September 16, 2022 Ethereum’s (ETH) price is in a downtrend as it holds […]

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GBP/USD Declines to Level 1.1227 as It Faces Rejection at Level 1.1738

Technical indicators: Major Resistance Levels – 1.2800, 1.2900, 1.3000Major Support Levels – 1.1900, 1.1800, 1.1700 GBP/USD Long-Term Analysis: BearishGBP/USD is in a downtrend as it faces rejection at level 1.1738. On September 5, the Pound declined above level 1.1443 and resumed consolidation above it. On September 9, the pair makes an upward correction but was […]

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