The quantity of bullish candles increase daily SPONGE (SPONGEUSDT) Price Analysis – 24 October In the Sponge market, the resistance levels of $0.000136, $0.000330, and $0.000330 could be the next targets if the $0.000081 level holds. Support levels of $0.000006 and $0.000004 can be examined in case the $0.000081 support level is breached below. SPONGEUSDT […]
Sellers’ pressure is increasing in S&P 500 market S&P 500 Price Analysis – 24 October S&P 500 may proceed to fall toward the support levels of $4180, $4087, and $3927 if the $4277 level is held. The 34 rating for the period 14 relative strength index and the signal line’s downward trend both suggest selling. […]
Buyers are dominating Cardano market ADA Price Analysis –24 October If sellers are able to keep Cardano below the $0.26 support level, it might fall as low as $0.25 or $0.24. The resistance levels at $0.29 and $0.30 will be tested if the $0.28 level is broken. Key Levels: Resistance levels: $0.28, $0.29, $0.30 Support […]
Chainlink’s native token, LINK, skyrocketed by 35% in a week, achieving its highest close in 18 months at around $11 per token. This surge, reaching levels last seen in May 2022, resulted from the anticipation of Chainlink Staking v0.2’s launch later this year. The new version promises flexible withdrawals, liquid rewards, modular architecture, and dynamic […]
Bitcoin surged past the $30,000 mark amidst positive market indicators and analyst insights. CredibleCrypto, a crypto analyst, observed the situation and questioned the significance of a monthly close above $32,000, considering potential resistance at higher levels like $35,000 or $37,000. Current CoinGecko data shows Bitcoin’s price at over $30,500, with a 24-hour trading volume of […]
Maker (MKR) investors face heightened uncertainty amidst a stark regulatory warning. ESMA’s cautionary statement specifically impacts MKR, emphasizing that investors in this crypto asset are without protection under EU rules until December 2024. The impending implementation of MiCA regulations offers little solace, as investors must brace for the possibility of losing their entire investment. Check […]
Buyers Are Exerting Further Pressure in Sponge market SPONGE (SPONGEUSDT) Price Analysis – 23 October If the $0.000081 level holds, the resistance levels of $0.000136, $0.000330, and $1,786 may be the following objectives. In the event that the $0.000081 support level is broken lower, support levels of $0.000006 and $0.000004 can be checked. SPONGEUSDT Market […]
Buyers may prevail over sellers in the EURUSD market EURUSD Price Analysis –23 October The price may drop considerably lower toward the $1.03 and $1.02 barrier levels if sellers are able to breach the $1.04 support level. The price may move higher in the direction of the $1.07 and $1.08 resistance levels if buyers are […]
Market Analysis – October 23 USOil (WTI) bulls are nearing climax despite prevailing strength. The oil price continues to surge, with the potential to breach the key 90.230 market level soon. However, with this upward momentum, there is a looming risk of exhaustion. The strength of the bullish trend has intensified, particularly in the past […]
