Arbitrum Price Forecast: May 22 Arbitrum price forecast is for the market to surmount the $1.1910 supply level immediately after it recovers from its latest pullback. Arbitrum Long-Term Trend: Bullish (4-hour Chart) Key Levels: Zones of supply: $1.2880, $1.3310, $1.4360 Zones of Demand: $1.1910, $1.1550, $1.0620 ARBUSD seeks to surmount the $1.1910 supply line after […]
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Buyers’ momentum may increase ADA Price Analysis – 23 May Cardano may surpass the $0.38, $0.40, and $0.41 levels if buyers are able to hold the $0.34 support level. The $0.33 and $0.31 levels will be tested next if the $0.35 support level is broken lower. Key Levels: Resistance levels: $0.38, $0.40, $0.41 Support levels: […]
The buyers’ momentum will soon increase SPONGEUSDT Price Analysis – 22 May Once the Sponge clears the $0.00065 resistance level, which is followed by the $0.00087 and $0.00098 barrier levels, bullish momentum will pick up speed. The increased push of the bulls may also cause the price to surge above $0.00098. SPONGEUSDT Market Key levels: […]
Market Analysis- May 22 NZDUSD has launched towards the 0.63170 supply level. A bullish displacement that closed the month of April successfully rose above the bearish trendline. The retest that followed the breakout has served as support for an ascent. NZDUSD Key Levels Demand Levels: 0.6150, 0.6080, 0.5960 Supply Levels: 0.6310, 0.6410, 0.6530 NZDUSD Long-term […]
Sellers may dominate EURUSD market again EURUSD Price Analysis – 22 May In case the sellers are successful in breaching the $1.07 support level, the EURUSD may fall even further into the $1.06 and $1.05 barrier levels. If Buyers are successful in holding the $1.07 support level, the price may move in the direction of […]
Market Analysis: May 20 The US Oil market is set for a bullish breakout as it transformed into a strongly trending market after consolidation between the 80.790 supply level and 73.200 demand level. The symmetrical triangle pattern shows an impending breakout in the WTI market. US Oil Key Levels Demand Levels: 73.200, 68.800, 66.000 Supply […]
Market Analysis- May 20 The AUDJPY market has been performing brilliantly, with a very discernable direction on the daily chart. The ascent on the daily chart has broken the resistance trendline to the upside. The market gyration has covered inefficient regions on the bearish swing. AUDJPY Key Levels Demand Levels: 90.000, 87.900, 85.920, Supply Levels: […]
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Polygon price may bounce up at the $0.82 level Level Polygon (MATICUSD) Price Analysis – 22 May When Polygon crosses the $0.87 resistance level, it can also reach the $0.95 and $1.01 resistance levels. The price may move past the $0.82 support level and be exposed to the $0.76 and $0.70 levels if sellers are […]
As the final verdict between Ripple and the Securities and Exchange Commission approaches, Ripple launches the CBDC (Central Bank Digital Currency Platform). The development will enable governments and financial institutions to issue their digital currency on the XRP blockchain. According to James Wallis, the development will promote instant transactions locally and internationally among financial institutions […]
