Grayscale Bitcoin Trust shares increased by 12% in the face of investor and trader unhappiness. On Monday, when GBTC’s discount to Bitcoin shrank, a big rise took place. It is noteworthy that GBTC has been in an oversold area for some months now as a result of the general state of the cryptocurrency market. GBTC […]
US30 price action received a significant upside push last Friday. However, the market opened for the week attracting the attention of bears. Subsequently, this has caused prices to keep falling toward the support level of $33,411. In today’s session, prices may likely break this support level to reach lower. Major Price Levels: Top Levels: $33,441, […]
Ethereum ETH) Current StatisticsThe current price: $1,341.42Market Capitalization: $164,237,673,128Trading Volume: $7,878,942,201Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis January 9, 2022 Ethereum (ETH) price passes through the resistance at $1,300 but retraces from an overbought region. The value of the cryptocurrency has increased to $1,345. If the current […]
Market Analysis – December 9 NZDUSD retests the bearish trendline following a bullish breakout. The market trend turned bearish after the appearance of a double top above 0.680. The retest of the double top’s neckline fostered a surge of sellers in the market. The retest fostered the price to decline rapidly. NZDUSD Key Levels: Supply […]
Key Resistance Levels: $10, $12, $14Key Support Levels: $18, $6,$4 Polkadot (DOT) Price Long-term Trend: BearishPolkadot (DOT) is currently correcting upward as it attempts to breach the $5.00 barrier. At $5.00, the cryptocurrency asset has risen to an overbought level. If buyers breach the $5.00 high, bullish momentum may be halted at the $5.20 high. […]
Market Analysis – January 7 GBPJPY experienced a bearish breakout from a descending triangle. The market made an impulsive move to the downside after a series of equal highs and higher lows. GBPJPY Significant Zones Demand Level: 156.00, 152.00, 148.50 Supply Level: 164.300, 168.00, 172.00 GBPJPY Long-term Trend: Bearish Since June, the GBPJPY market has […]
The first trading week of the year 2023 ended with Nasdaq 100 claiming the $11,040 price level. Additionally, going by signs on technical indicators, it’s likely that the price may advance toward at least the $11,050 price level – if not surpassing it once the action begins. Major Price Levels: Top Levels: $11,040, $11,060, $11,090 […]
Key Support Levels: 129.00, 128.00, 126.00Key Resistance Levels: 132.00, 133.00, 134.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is currently falling as it challenges level 141.00. The currency pair is experiencing an upward correction after hitting a new low at a level of 137.38. Since January 4, the pair has been fluctuating below the resistance […]
ADA has found some solace amidst the chaos in the cryptocurrency market by being accepted as payment at Charles Hoskinson’s Preventative Healthcare Clinic. In the United States, Charles Hoskinson’s Preventative Healthcare Clinic is a top-tier medical facility. The Chief Executive Officer of Input Output Global, a blockchain technology company, said earlier today that Charles Hoskinson’s […]
