Market Analysis – May 23 The USDCAD pair has declined after testing the resistance trendline on the daily chart, sinking into a bullish order block at 1.3600. Despite this pullback, the market structure remains bullish, suggesting an anticipation of a potential bullish breakout. USDCAD Key Levels: Demand Levels: 1.3600, 1.3500, 1.3400 Supply Levels: 1.3800, 1.3900, […]
Sponge will soon soar higher SPONGEUSDT Price Analysis – 23 May SPONGEUSDT may rise as far as $0.000400 and $0.000455, respectively, if the bulls are successful in breaking above the $0.000356 resistance mark. In the event that the bulls fail to maintain their gains and push above $0.000356, the cryptocurrency’s price can undergo a bearish […]
Resistance Level of $31 holds in Silver market SILVER Price Analysis – 23 May Should there be substantial purchasing activity, a price breach of $31 would aim to reach the $32–33 region. If sellers are able to maintain the $31 price level and the $29 support level is broken, Silver may fall and test the […]
Bulls’ pressure is increasing in Uniswap market Uniswap Price Analysis – 23 May If there is sell pressure below $9.0, the $8.3 and $7.9 support levels might be totally destroyed. The $10.2 and $11.4 levels may be reexamined if buyers can drive Uniswap above the resistance level of $9.5. UNI/USD Market Key Levels: Resistance levels: […]
The global Bitcoin ATM count declines, potentially denting Bitcoin’s value. The number of active Bitcoin ATMs worldwide has fallen, potentially impacting Bitcoin’s price negatively. The United States and Canada dominate the market, with the U.S. operating over 30,000 machines and Canada about 3,000 machines. CRYPTO BREAKING NEWSGlobal Bitcoin ATM Numbers Decline for the First Time […]
Bulls are ruling sponge market SPONGEUSDT Price Analysis – 22 May SPONGEUSDT may rise as far as $0.000400 and $0.000455, respectively, if the bulls are successful in breaking above the $0.000356 resistance mark. In the event that the bulls fail to maintain their gains and push above $0.000356, the cryptocurrency’s price can undergo a bearish […]
Market Analysis – May 22 The US 30 experienced a price decline that was halted after mitigating the bullish order block at 37,238.0. The price then resumed its ascent, reaching the current year’s high. While the US 30 market remains bullish, a pullback appears imminent due to overbought conditions. US 30 Key Levels Demand Levels: […]
Market Analysis – May 21 GBPUSD is currently on a bullish course which will likely terminate soon as the market enters overbought regions. The price fluctuates around the resistance level of 1.2710. A failure to enforce a breakout would lead to heavy shorting at the zone. GBPUSD Market Analysis Demand Levels: 1.2300, 1.2200, 1.1830 Supply […]
While memecoins may offer the potential for quick profits, the chances of success are extremely low. Generally, the creators of memecoins tend to benefit the most. If they can generate sufficient early momentum, they can sell their large holdings for a profit, leaving others to bear the losses. However, even creating memecoins is not a […]
