USDJPY Analysis – October 6 USDJPY consolidates within a continuation pattern in the overbought region after a massive rally to the upside. The MA Cross indicator shows the intent of the bulls in the market on the 9th of March, 2022. This indication came immediately after a breakout from the rectangular pattern formed over the […]
USDCAD Analysis – October 5 USDCAD sellers shift the market structure to the downside. The market has been in an uptrend since the second half of 2021, with prices breaking beyond every previous peak along the way. Months before the market structure shifted to the upside in June 2021, the market was typically in a […]
DeFi Coin Price Forecast: October 4 The DeFi Coin price forecast is that the DEFCUSD market is set to rise back to its initial high after swiftly breaking through the resistance zone at $0.07410. The price can be expected to hit back at $0.07650 soon with the momentum the market carries from its return from […]
DeFi Coin Price Forecast: October 3 The DeFi Coin price forecast says that the coin market has made a move to mitigate the effect of the bullish order block that led DEFC price to $0.09360. The market retraced its steps back to the lower demand level to stimulate more organic growth this time. DEFCUSD Long-Term […]
Experts in the crypto fields have given Ethereum price predictions for 2022. The bullish surge that was initiated in mid-2021 influenced the prediction of ETH prices. Bloomberg’s analyst, Mike McGlone predicted the year ending with $4000 to $4500 on Ethereum’s price. Coinpedia had anticipated Ethereum reaching $6500 to $7500 this year. The overall bearish wave […]
Cardano’s investors had long awaited Vasil hard fork upgrade. The purpose of the upgrade was to make Cardano’s blockchain cheaper. This improvement was expected to cause a pump in the market price. Contrary to this expectation, there was a decline in the price of Ada. The disappointment witnessed after Cardno’s upgrade has made investors double-minded […]
EURCHF Analysis – October 4 EURCHF Buyers have seized control of the market. This is yet another attempt by the buyers to bring the price back up to a respectable key level. This is not the first time trying to pump the market. However, this attempt seems different simply because the current pair has been […]
The Chinese government has put in measures to track and arrest Bitcoin miners in data centres. The regulators have tried to curb this crypto mining with threats, measurements of energy utilization, and the establishment of hotlines. The will to curb crypto miners has prompted the flee of many data miners to countries like Iceland and […]
AUDJPY Analysis – October 3rd AUDJPY sellers seek long-term projections as traders are positioned for more selling moments. The sellers have been making a substantial movement downward as selling pressure is still causing a major spill in price in the current phase. There has been a consistent sell trend back into the consolidation zone following […]
