Market Analysis – February 5th GBPUSD sellers finally break free of the consolidation phase. In the new week, GBPUSD has experienced a breakout from its consolidation phase, with price volatility on the rise. The bulls, who had previously shown strong dominance, have been shut out by the bears. Instead of seeing a continuation of bullish […]
Market Analysis – February 5th Nasdaq sellers are brewing strength as buyers lose pace. The bears are attempting to cause a U-turn against the previous bullish setup, which has been reflected in the index price since last week. The bulls have been unable to make solid progress, despite their intention to hit new highs. Nasdaq […]
Sellers are increasing in cardano market ADA Price Analysis – 06 February Cardano may drop as low as $0.46 or $0.45 if sellers can keep it below the $0.48 support level. If the $0.51 barrier is breached, the resistance levels at $0.54 and $0.58 will be examined. Key Levels: Resistance levels: $0.51, $0.54, $0.58 Support […]
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Buyers are dominating the Sponge market SPONGEUSDT Price Analysis – 05 February If the bulls can break above the resistance level at $0.000892, they might get as high as $0.000996 and $0.001158. If the resistance level of $0.000892 holds, Sponge may turn around and go back to the support levels of $0.000797, $0.000580, and $0.000500. […]
Sellers’ momentum increases in EURUSD market EURUSD Price Analysis – 05 February The price may tumble precipitously toward the $1.066 and $1.05 barrier levels if sellers are successful in breaking through the $1.073 support level according to best forex signal. Prices may reach the resistance levels of $1.108 and $1.101 if buyers can keep the […]
Chainlink’s surge and token movements spark investor enthusiasm. Chainlink recently experienced a notable upswing, marked by a 17% surge in the LINK token’s value. This momentum coincides with a strategic withdrawal of 19 million LINK tokens from non-circulating supplies, amounting to $341 million. This deliberate reduction signals a scarcity strategy, sparking heightened investor interest. Chainlink […]
Market Analysis – February 2nd USOil bears continue to clash lower as momentum grows. The market has been responding to bearish sentiment, and there is a possibility of further downward movement. The sell pressure has been intense for several days, indicating a growing bearish momentum. USOil Key Levels Resistance Levels: 82.520, 77.970Support Levels: 69.760, 67.870 […]
Sellers’ pressure increases in Polygon market Polygon (MATICUSD) Price Analysis – 05 February Before surpassing the resistance levels of $0.94 and $1.03, Polygon needs to overcome the $0.86 barrier. If sellers gain some traction, the market can break through the $0.72 support level and expose itself to the $0.65 and $0.59 levels. Key Levels: Resistance […]
Buyers’ momentum may increase in Shiba Inu market Shiba Inu (SHIB) Price Analysis: 04 February Sellers may force SHIB to break down the $0.00000801 and $0.00000722 levels if they can drive the price below the $0.00000874 support level. If bulls can hold the $0.00000874 level, the price of the cryptocurrency may increase beyond $0.00000944 and […]
