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 […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold is in a downtrend as price breaks below the moving averages as it targets the low of $1,791. On May 2, XAUUSD declined to the low of $1,854 and made an upward correction. The uptrend has been repelled […]
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Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price is in a downward correction as bears break below the $0.12. Since March 26, the cryptocurrency has been in a range-bound move between $0.12 and $0.15 price levels. Presently, the upward move has been hindered by the 50-day line […]
USDJPY Analysis – May 5 USDJPY is gearing up for more buy setups above the crucial 126.940 level. The buy investors are constantly placing more orders and, as a consequence of their influx of orders, the price is established to continue its uptrend. The bulls are, thus, ready to withstand being faced by market makers […]
Lucky Block Market Anticipation: May 5 The Lucky Block market anticipation remains unyielding to the bears. The initial breakout on the 2nd is still uncompromised as the bulls are unwilling to let go. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels:Supply Zones: $0.0018000, $0.0017220Demand Zones: $0.0015740, $0.0012820LBLOCK/USD bulls have shown a great magnitude of strength […]
SILVER Weekly Price Analysis – May 05 Should the bears push the price to break down $22 level, it may descend to $21 and $20 price level. Inability to break down the support level of $22, by the bears, the price may reverse and increase towards the resistance level of $23, $24 and $25. XAGUSD […]
Uniswap Price Analysis – May 05 When the dynamic resistance levels is broken upside, price level may increase to $9.7 and extend to $12.4 resistance levels. In case the bears were able to defend the dynamic resistance level, Uniswap may continue bearish trend towards the support levels of $7.6, $5.2 and $4.5. UNI/USD Market Key […]
