Bulls are gathering momentum S&P 500 Price Analysis – 01 April The S&P 500 may rise and enter the resistance levels of $5670, $5760, and $5875 if the $5579 position persists. The price may test the $5500 and $5413 possibilities if it breaches the $5579 support level. Key Levels: Resistance levels: $5670, $5760, $5875 Support […]
Recent Bitcoin bullish outlook bolstered by consistent whale accumulation patterns. An Onchain analyst recently noted that major whale addresses are accumulating Bitcoin in large quantities. These wallets, holding between 1,000 and 10,000 BTC, display buying behavior that many interpret as a sign of upcoming market strength. Their persistent accumulation mirrors trends observed during the 2020 […]
Chainlink paves the path for growth with payment abstraction and SVR. Chainlink has introduced a novel upgrade that converts fees into LINK automatically. This system supports a revenue-sharing model called Smart Value Recapture, which recovers lost value during liquidations. Aave leads by integrating this functionality into its platform, setting an industry precedent. The new mechanism […]
U.S. consumer slowdown hits discount retailers as Dollar Tree offloads Family Dollar. The U.S. retail sector is showing clear signs of strain as inflation-weary consumers pull back on spending, forcing major industry shakeups. Dollar Tree’s decision to sell its struggling Family Dollar chain underscores the growing pressure on discount retailers. This is particularly as low-income […]
Market Analysis – March 31 GBPUSD is showing signs of a bearish reversal following rejection from a key resistance level. The chart reveals multiple indicators pointing to a potential downward move. The 9-day Simple Moving Average (SMA) at $1.29420 is currently acting as dynamic support, but price action is struggling to sustain bullish momentum above […]
NAS100 Analysis – March 30 NAS100 is under strong bearish pressure following rejection from the supply zone. The 9-period SMA (Simple Moving Average) is currently positioned at $19,790, with NAS100 trading below it, confirming a bearish trend. The MACD (Moving Average Convergence Divergence) histogram is in negative territory at -380.40, with the signal line also […]
SUI Market Analysis – March 31 SUIUSD has declined to the key demand level of $2.40, where a notable bounce suggests a potential bullish reversal. The price action at this level indicates growing interest from buyers, making it a crucial zone to watch. A sustained hold above this level could trigger renewed bullish momentum, while […]
Market Analysis – March 28 USOil is exhibiting bearish momentum as key resistance remains firm at $70.00. Several indicators on the chart confirm this bearish outlook. The 9-day simple moving average (SMA) is positioned at $68.60, acting as dynamic support; however, price action is struggling to maintain levels above it. Additionally, the Stochastic Oscillator is […]
Bears’ pressure increase on $0.64 point ADA Price Analysis – 01 April If Cardano can maintain the price above the $0.69 hedge, they might try testing the resistance scenarios of $0.81 and $0.90. The $0.59 and $0.54 support options will be considered if the $0.64 hedge is translated. Key Levels: Resistance levels: $0.69, $0.81, $0.90 […]
