Market Analysis – December 17 The GBPUSD pair has displayed mixed price behavior in recent months, with both bullish and bearish movements. While the short-term outlook is currently bullish due to a retracement, the long-term trend remains firmly bearish. GBPUSD Key Levels Demand Levels: 1.26860, 1.24470, 1.25530Supply Levels: 1.29960, 1.32460, 1.34470 GBPUSD Long-Term Trend: Bearish […]
Tron may be lowered to $0.22 barrier TRON Price Analysis – 18 December If the buying trend persists over $0.30, the price of TRON might be able to break through the $0.34 and $0.44 obstacles. If the price stays below $0.25, it might get closer to the $0.22 and $0.21 levels. Key Levels: Resistance levels: […]
Market Analysis – December 16 The AUDJPY pair currently trades below the 9-day SMA at $97.030, indicating a bearish sentiment. The stochastic RSI shows a modest recovery but remains weak, with values at 63.77 and 46.56, suggesting the pair could face selling pressure soon. AUDJPY Key Levels Demand Levels: 102.390, 109.370, 115.000Supply Levels: 93.590, 90.120, […]
The Securities and Exchange Commission (SEC) has alleged that TrueUSD (TUSD), a stablecoin widely circulated in the crypto ecosystem, was improperly managed and backed. While stablecoins are meant to maintain their value by being fully backed by liquid reserves like cash or cash equivalents, TUSD’s case suggests otherwise. The SEC claims that TUSD’s operators secretly […]
Market Analysis – December 15 The Nasdaq 100 index has shown a strong recovery from a significant low of 10,619.40, marking a critical turning point in its price action. This recovery has solidified a bullish long-term trend, with the index consistently breaking resistance levels and transforming them into support zones. Nasdaq 100 Key Levels Demand […]
Bulls hold onto Cardano market S&P 500 Price Analysis – 17 December If the $6054 level holds, the S&P 500 can rise and split into the resistance levels of $6099, $6100, and $6150. The price may test the $6014 and $5877 levels if the $6054 support level is broken. Key Levels: Resistance levels: $6099, $6100, […]
Cardano under sellers’ control ADA Price Analysis – 17 December If Cardano can maintain the price below the $1.05 barrier, they might try testing the support levels at $0.94 and $0.83. The $1.17 and $0.31 resistance levels will be considered if the $1.14 barrier is broken. Key Levels: Resistance levels: $1.14, $1.17, $1.31 Support levels: […]
Sponge may continue to purchase SPONGEUSDT Price Analysis – 15 December SPONGE might be able to overcome the $0.000196 resistance level and begin an assault toward the $0.000330 and $0.000402 levels if the Bulls keep up their enthusiasm. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000136, $0.000081, $0.000006 SPONGEUSDT Medium-term Trend: […]
Bullish trend may commence in EURUSD market EURUSD Price Analysis – 16 December If buyers can break through the resistance level at $1.06., they might be able to push the price up to the $1.07 and $1.08 barrier levels. If sellers can hold the price below the $1.05 barrier, EURUSD may decrease below the support […]
