NASDAQ100 Is in a Downward Correction, Faces Rejection at Level 14200

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Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 index is in a downtrend but faces rejection at level 14200. The index upward correction is facing rejection at the 21-day line moving average. This implies that NAS100 is likely to further decline to the downside. Meanwhile, on […]

Gold Reaches Overbought Region, Targets the High of $1,967

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Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold (XAUUSD) is in an uptrend as it targets the high of $1,967.The gold price has reached a high of $1,901 which is an overbought region of the market. The market is declining after reaching the overbought region. On the […]

TIME Magazine Announces Cryptocurrency Payment Option for Its Customers

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TIME Magazine has followed through on its decision to venture into the Bitcoin and cryptocurrency market, as the company now accepts crypto payments for its digital subscription. The announcement comes a few weeks after the giant magazine manufacturer collaborated with Grayscale to produce educational cryptocurrency materials. With its first issue dating as far back as […]