Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingPolkadot’s price is in a downward move after buyers retested the $48 overhead resistance. The retesting of the overhead resistance on April 5 and 18, suggests the formation of a bearish double top pattern. This bearish double top pattern will cause […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold is in a brief uptrend as price reaches a high of $1,800. The resistance at $1,800 and $1,810 are historical price levels of February 23. The uptrend is facing resistance at the recent highs. Similarly, on April 8 uptrend; […]
AUDUSD Price Analysis – April 22 Although gliding into a sideways market within the 0.7700 range, the AUDUSD clings to former trading zones aimlessly. Later in the session, the weekly Initial Jobless Claims report from the US Department of Labor will be scrutinized for additional catalysts. Key LevelsResistance Levels: 0.8000, 0.7850, 0.7800Support Levels: 0.7700, 0.7650, […]
Uniswap Price Analysis – April 22 When the bulls maintain or gain more pressure to break up the resistance level of $37, Uniswap price may increase to $44 and $50 price level. Inability to break up the resistance level of $37 by the bulls may push the coin towards the support level at $30 and […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair was earlier in an uptrend. The upward move was terminated when the Yen reached the high of level 111.00. The currency price has fallen and broken below the moving averages. This is an indication of a further […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin is in a downward move after the bulls fail to push above the $0.45 resistance zone. In the first uptrend of April 16, the crypto was resisted and the coin fell to $0.24 low. The price corrected upward and retested the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX is in an uptrend. The index retested level 7050 and fell to level 6857. FTSE 100 is now resuming a fresh uptrend to revisit the previous highs. On the upside, if price breaks the resistance at level 7050, the uptrend […]
S&P 500 Price Analysis – April 21 The S&P 500 Index has nearly reached the 4200 levels, as buyers pushed the price to register a temporary peak at the start of the week. The risk barometer tracks the stock market’s declines in the United States as a result of the coronavirus (COVID-19) concerns, thus ignoring […]
STELLAR Price Analysis – April 21 Should the bears push down the price below the support level of $0.50, support level of $0.42 may be tested and the price may further decrease towards $0.33. In case the bears are unable to break down the $0.50 level, there may be a breakup of the resistance level […]
