Market Analysis – October 9 GBPUSD buyers pose a threat to the selling trend. The GBPUSD market sentiment is a complex interplay of emotions, with both buyers and sellers participating actively. At present, buyers are positioning themselves for a short-term bullish trend, while sellers are eyeing a long-term sell-off. The tug-of-war between these two factions […]
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Buyers’ momentum is increasing SPONGE (SPONGEUSDT) Price Analysis – 10 October Sponge is getting close to the $0.000136 resistance level, which could be breached if the Bulls gain more traction, however, a pullback is unavoidable. If the Bulls’ momentum wanes, the price may briefly consolidate Price Level: Resistance Level: $0.000136, $0.000196, $0.000330 Support Level: $0.000081, […]
Sellers are opposing buyers in EURUSD market EURUSD Price Analysis –09 October EURUSD may drop far more toward the $1.03 and $1.02 barrier levels if sellers are successful in breaching the $1.04 support level. The price may rise in the direction of the $1.07 and $1.08 resistance level if buyers are successful in sustaining the […]
Sellers defend $0.56 resistance level Polygon (MATICUSD) Price Analysis – 09 October Polygon must first get beyond the $0.56 resistance level before attempting to cross the $0.64 and $0.70 resistance levels. The market may move past the $0.49 support level and be exposed to the $0.33 and $0.23 levels if sellers are successful in unifying […]
SEC’s potential Bitcoin ETF approval spurs $17.7t institutional influx hopes. Anticipating a seismic shift in Bitcoin’s trajectory, former BlackRock executive Steven Schoenfield foresees a colossal influx of $17.7 trillion from institutional investors once the Security and Exchange Commission approves spot Bitcoin ETFs. Despite skeptics, optimism persists, with insiders projecting probable approval within the next three […]
Ranging movement in SHIB market Shiba Inu (SHIB) Price Analysis: 08 October If bulls are successful in holding the $0.00000682 level, the price of the Shiba Inu may rise past $0.00000767 and hit the resistance levels of $0.00000838 and $0.00000919. According to the relative strength index for period 14, level 42 should be purchased. Key […]
Market Analysis- October 7 US Oil (WTI) is under increasing bearish pressure. The US Oil (WTI) market has seen significant bearish momentum dominate its landscape recently. Last week, the bears came roaring back, challenging multiple key levels. They eventually disrupted the bullish trend that had been prevailing for much of September. This October, the bearish […]
BTCUSD Struggles to Rise Beyond $28,000 Bitcoin (BTCUSD) is struggling against a formidable challenge in surmounting the $28,000 resistance threshold. Bitcoin has recently achieved a degree of liberation by breaching the longstanding descending trendline that had constrained it for an extended period. It aims to navigate multiple resistance levels to reclaim its previous pinnacle. BTC/USD […]
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Buyers are in control of the Sponge market SPONGE (SPONGEUSDT) Price Analysis – 06 October Sponge is moving toward the $0.000136 resistance level, which could be broken if the Bulls gain more traction, but a retreat is unavoidable. If the momentum of the Bulls deteriorates, the price may briefly consolidate. Price Level: Resistance Level: $0.000136, […]
