Market Analysis – May 30 USOil is facing rejection at $61.80 and is signaling a potential downside crash. The daily chart reflects increasing bearish pressure as key technical indicators continue to weaken. The 9-day Simple Moving Average (SMA) at $61.50 is trending flat to slightly lower, acting as dynamic resistance and keeping the price action […]
Bulls are ruling Sponge world SPONGEUSDT Price Analysis – 31 May Bullish momentum will accelerate when SPONGEUSDT breaks through the resistance level of $0.000145, which is followed by the barrier levels of $0.000196 and $0.000330. If the bulls continue to rise, it might reach $0.000330. SPONGEUSDT Market Key levels: Resistance levels: $0.000145, $0.000196, $0.000330 Support […]
AVAXUSD Market Analysis- May 30 Avalanche (AVAX) has resumed its downward trajectory after failing to hold above key resistance, signaling the end of its corrective rally and a continuation of the broader bearish trend. AVAXUSD Key Levels Support Levels: 18.50, $15.40Resistance Levels: $22.00, $27.00 AVAXUSD Long-Term Trend: Bearish As February 2025 unfolds, Avalanche (AVAXUSD) has […]
Market Analysis – May 30 NZDUSD has experienced difficulty pushing through the resistance level of 0.60270. This has led to multiple rejections at the key level, forming repeated swing highs. The price has returned to an order block for a potential relaunch to the resistance zone. NZDUSD Key Levels Demand Levels: 0.58530, 0.56080, 0.55110 Supply […]
Bulls’ pressure will soon increase in USDCHF market USDCHF Price Analysis – 30 May The price may rise above $0.83 and get closer to the $0.84 hedging scenario if the buying impulse can hold above the $0.82 resistance position. If merchandisers put in enough effort to move the price from $0.81 to $0.80, they can […]
Bulls’ momentum may break up $685.6 point BNBUSD Price Analysis: 30 May If buyers can hold onto the $662.0 support position and break above the $685.6 resistance position, they might be able to push the price to test the $729.9 and $756.0 resistance levels. BNBUSD should aim for the previous lows of $642.3 and $606,1 […]
Polkadot (DOT) Price Long-term Trend: Bearish The price of Polkadot (DOT) is between the moving average lines and in a range above $4.40. Nonetheless, the cryptocurrency price is currently trading below the 21-day SMA barrier and above the 50-day SMA support. Although the DOT price fluctuates between the moving average lines, it is consolidating above […]
Market Analysis – May 29 Gold (XAUUSD) is poised for a bullish breakout amid ongoing consolidation and indications of a short-term reversal. From a technical perspective, the RSI (Relative Strength Index) is hovering close to the neutral 50 mark, specifically around 50.15, signaling a potential momentum shift. The RSI has consistently formed higher lows in […]
Silver price may go higher SILVER Price Analysis – 29 May If the price is higher than $33 and a lot of people are purchasing it, it will attempt to move up into the $34–$35 zone. However, if merchandisers can maintain the $32 pricing position and the $30 support position is broken, the price of […]
