BTCUSD Falls Towards the $24810.0 Support BTCUSD keeps experiencing a decline, approaching the support level at $24810.0, with buyers unable to overcome the bearish sentiment that emerged around the $30410.0 key level. The previous upward trend seems to have changed as the price failed to sustain above the $30410.0 resistance level. The return to the […]
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Bulls are dominating Sponge market SPONGEUSDT Price Analysis – 08 August Sponge created a daily bullish candle on the daily time frame, indicating the likelihood that the price will rise and test $0.000196 resistance level. If the bulls apply more pressure, the price will move past the $0.000330 and $0.000402 resistance levels. Key Levels: Supply […]
Chainlink (LINK) has managed to draw the attention of significant players in a cryptocurrency market filled with uncertainties. Priced at $7.36 with a 2.75% increase and boasting a market cap of $3.9 billion, LINK has outperformed its competitors, showcasing a 20% surge in the past month. This bullish trend can be attributed, in part, to […]
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ADA broke down $0.29 level heading toward $0.26 level ADA Price Analysis – 08 August The price may decline toward the $0.24 and $0.22 levels if sellers are successful in holding the price below the $0.26 support level. If the $0.29 resistance level is broken, the $0.31 and $0.33 resistance levels will be put to […]
TRON is experiencing a 12% weekly decline in its price, prompting its founder, Justin Sun, to address concerns around Huobi exchange’s solvency. Speculation concerning Huobi’s financial health has raised doubts concerning its capacity to fulfil USDT obligations. Alarmingly, crypto analyst Adam Cochran suggests that Huobi may be heading towards insolvency, as its liquid assets reportedly […]
A Bold Wager on Bitcoin’s Future Bitcoin’s well-known proponent and Blockstream’s CEO, Adam Back, has made a daring prediction on Bitcoin’s future. He is betting one million Satoshis that Bitcoin will surpass the $100,000 mark before the 2024 halving event. Back’s wager emerged during an exchange on social media platform X, where he accepted a […]
Market Analysis – August 8 EURCHF has displayed a strong inclination to rise as it launches from the in-demand level of 0.9550. The breakout from a downward-sloping triangle resulted in a bearish displacement, leading the price to purge to the support level of 0.9550. EURCHF Key Levels: Demand Levels: 0.9550, 0.9370, 0.9300 Supply Levels: 0.9650, […]
Bulls are gathering momentum SPONGEUSDT Price Analysis – 07 August More buyers came in with more pressure by the formation of bullish candles and the price id rallying to the north, in case the bulls increase their pressure the price will rise above the resistance level of $0.000136. Key Levels: Supply level: $0.000136, $0.000196, $0.000330 […]
Market Analysis – August 8 NZDUSD has broken the bullish trendline on the daily chart, signifying a significant development in the market dynamics. The price has consistently declined since the failed breakout above 0.6370, indicating a shift in the overall sentiment. NZDUSD Key Levels Demand Zones: 0.6060, 0.6030, 0.5980 Supply Zones: 0.6220, 0.6270, 0.6300 NZDUSD […]
