Ether reaches bearish exhaustionETH/USD may resume an uptrend Ethereum ETH) Current StatisticsThe current price: $2,458.60Market Capitalization: $297,186,414,124Trading Volume: $19,986,408,145Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis May 8, 2022 Ethereum’s (ETH) price is in a downtrend as it reaches $2,425 low. Today, Ether falls to the low of […]
Monero (XMR) Price Analysis: May 08 When there is a breakup at $218 resistance level, Monero price will increase towards $250 and $293 levels. In case the bears increase their momentum, the support level of $185 may be penetrated downside, which may extend bearish trend to the low of $142 and $122. Resistance Levels: $218, […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL price is in an uptrend since April 26 but struggles below $111.15 high. The index price broke above the moving averages. This is an indication that the market will rise to the upside in the bullish trend zone. Meanwhile, on April […]
GBPJPY Analysis – May 6 GBPJPY is being held back by a further retracement to the 159.670 key zone. The sell influence is currently clenching down on the bullish inclination despite their strong leverage on the market pair. As the price seeks to correct itself back to the 159.670 significant level, the bulls are consequently […]
Lucky Block Price Forecast: May 6 The Lucky Block price forecast after the impulse reveals the current sell to buy pattern on the chart. The market has been in a correction phase after the bullish impulse. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $0.00181000, $0.00172210Demand Zones: $0.00157410, $0.00128210LBLOCK/USD change character was obvious after […]
DeFI Coin Price Forecast: May 6 The DeFI Coin price forecast is extremely bullish as all resistance has failed to hold. The market was extremely silent just before the bulls suddenly caused significant volatility in the market. DEFCUSD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $0.480, $0.400Demand Zones: $0.230, $0.150DEFCUSD volatility was very low […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend as sellers breach $14.18 low. The bears broke below the previous low at $14.18 but the bulls bought the dips. On April 30, the cryptocurrency traded above the current support for a week before […]
USDCHF Price Analysis – May 06 Should the bulls break up the resistance level of $0.98, the price may increase towards $0.99, and $1.02 levels. When the resistance level of $0.98 holds, bullish momentum may decrease, USDCHF price may bounce off the level, then, 0.97 levels may be reached and it may decline to $0.96 […]
BNBUSD Price Analysis – May 06 The price may continue its bearish movement if the daily candle close below the $329 level, the support levels of $256 and $200 may be the target. Inability to break down the $329 level by the bears may leads to bullish trend towards $397, $456 and $516 levels. BNB/USD […]
