Market Analysis – August 8 EURCHF has undergone a substantial price decline, initiating a retracement from its previous bullish trend. The recent retest of the bullish trend line has led to a bearish breakout, establishing a clear downtrend. Since testing the demand zone at 0.9270, the price has begun to rise gradually. EURCHF Key Levels: […]
Bitcoin shows bearish signals as the loss percentage mirrors the 2020 bull cycle correction. Bitcoin (BTC) is currently exhibiting bearish tendencies, with many holders experiencing losses. According to CryptoQuant, the percentage of Bitcoin in the loss range 2024 parallels the levels seen during the major correction of the 2020 bull cycle. The current percentage of […]
Sponge price bulls’ pressure SPONGEUSDT Price Analysis – 07 August The bulls are still in the lead, according to the Hull Suite crypto signals indicator. The price will increase as long as it crosses above the $0.000502 and $0.000610 barrier levels. SPONGEUSDT Market Key levels: Resistance levels: $0.000404, $0.000502, $0.000610 Support levels: $0.000262, $0.000196, $0.000136 […]
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Bearish movement could not continue AUDUSD Price Analysis – 07 August If buyers are determined enough to breach the $0.65 barrier, they might be able to bring the price up to about $0.66 or even $0.67. If sellers are successful in pushing the price below the $0.64 support level, prices can fall to the $0.63 […]
Bulls’ momentum may increase in TRON market TRON Price Analysis – 07 August The $0.118 and $0.109 barriers may be overcome by the price of TRON if the selling trend persists below $0.120. If the price stays above $0.124, it can touch $0.128 and $0.131. Key Levels: Resistance levels: $0.124, $0.128, $0.131 Support levels: $0.120, […]
Market Analysis – August 8 The AUDJPY market has experienced a sharp and pronounced decline, with the price plummeting from the 109.40 level. Over the past three weeks, this dramatic drop has amounted to a decrease of over 17.0%, reflecting significant bearish pressure and heightened market volatility. This sharp downturn marks a notable shift from […]
Market Analysis – August 7 The NZDUSD market has seen a bearish breakout from a descending channel this August. The price has fallen to the demand zone at 0.5860 and, subsequently, retraced to retest the falling wedge formation. This retracement phase provides further insights into the current market dynamics and potential future movements. NZDUSD Key […]
Stellar (XLM) is poised for a bullish trend as OwlTing Group, a prominent digital wallet provider, has announced its integration with the Stellar blockchain to support USDC stablecoin. This strategic move is expected to enhance Stellar’s ecosystem, offering seamless and secure transactions with USDC. OwlTing Unveils Integration with Stellar to Support USDC Stablecoin on OwlPay® […]
A fascinating study document written by an enigmatic group identified as “The Rocket Team” surfaced in May 2018. The study offered creative answers to several important blockchain problems, including energy efficiency, cost, and speed. One of the main ideas was “Avalanche,” Renowned Cornell University computer scientist Emin Gün Sirer saw the potential of the Avalanche protocol. […]
