Market Analysis – August 13 The EURCHF currency pair began the year with a double-bottom reversal pattern, leading to a bullish trend. This trend was evident as daily candles consistently positioned above the 50-period and 80-period Moving Averages. Currently, the market is undergoing a retracement within the well-established downward trend. EURCHF Key Levels Demand Levels: […]
Market Analysis – August 13 The AUDJPY currency pair has experienced a steady upward trajectory with a gradual incline since April. Throughout this period, trading volume remained consistent with minimal daily fluctuations. However, the market downturn in July triggered a notable increase in trading volume, which has now begun to normalize as the current correction […]
QNTUSD Price Forecast – August 12th The QNTUSD price forecast suggests that buyers are preparing to regain control and break through the crucial $69,430 key level. QNTUSD Long Term Trend: Bullish (1-Day Chart)Key Levels Resistance Levels: $81.440, $85.000 Support Levels: $57.890, $49.960Quant buyers are seeking to strengthen their position after losing momentum around the $69,430 […]
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Buyers may take over Cardano market ADA Price Analysis – 13 August If buyers can hold the price above the $0.35 barrier, they can try to test the resistance levels at $0.37 and $0.40. The support levels of $0.30 and $0.28 will be taken into consideration if the $0.33 barrier is broken. Key Levels: Resistance […]
Chainlink exchange reserve decline signals growing investor confidence. Chainlink is experiencing a significant reduction in its exchange reserves, a trend that analysts interpret as bullish. According to crypto analyst @QuintenFrancois on X, the supply of LINK on exchanges is “dropping hard,” indicating that investors are increasingly moving their tokens off exchanges, possibly for long-term holding. […]
Cronos (CRO) rises by 11% ahead of the zkEVM mainnet launch, signaling bullish momentum. Cronos (CRO) keeps gaining momentum, with its price rising 11% ahead of the upcoming zkEVM Mainnet launch on August 15. This launch is pivotal for the Cronos network, introducing a scalable and secure environment for decentralized applications (dApps). The Cronos zkEVM […]
Market Analysis – August 12 The NZDUSD price has surged from the demand level of 0.5860 to challenge the significant resistance zone at 0.6030. This ascent has been supported by a test of the bullish trendline at 0.5860. Key Levels for NZDUSD Demand Levels: 0.5860, 0.5770, 0.5520 Supply Levels: 0.6200, 0.6320, 0.6500 NZDUSD Long-Term Trend: […]
Bulls’ pressure is consistence SPONGEUSDT Price Analysis –12 August The price is getting close to $0.000404, thus there’s a good probability the bulls will make even more money. The price will climb as long as it remains above the $0.000502 and $0.000610 barrier levels SPONGEUSDT Market Key levels: Resistance levels: $0.000404, $0.000502, $0.000610 Support levels: […]
Bulls are exerting more pressure EURUSD Price Analysis –12 August If buyers are able to overcome the resistance level at $1.10, they can push the price higher to the $1.11 and $1.12 barrier levels. If sellers are successful in holding the price below the $1.09 barrier, prices may go below the $1.08 and $1.07 support […]
