Cryptocurrencies folklore and future predictions are almost as volatile as its price. But what innovations in 2020 are going to stick? For many years bitcoin sentiment was less reliable than the hot water in a New York apartment building. Quickly fluctuating between hot and cold, many seasoned investors and tech savvy entrepreneurs couldn’t seem to […]
ADA Price Analysis – December 23 Should the bears increase their momentum and push the price below the support level of $0.13, then, $0.11and $0.10 may be tested. In case the price is rejected at the $0.13 level, the price may reverse. The resistance level can be found at $0.16, $0.17, and $0.19 levels. ADA/USD […]
NEO Price Analysis – December 22 The breakout at the resistance level of $19 may push the price to $22 and $25 price level. Likewise, the breakdown of the $15 price level will reduce the price to $13 and $12 price level. NEO/USD Market Key Levels: Resistance levels: $19, $22, $25 Support levels: $15, $13, […]
USDCHF Price Analysis – December 22 The USDCHF pair to 0.8900 level in the prior session returns 0.8845 low today while erasing earlier gains. The pair stays pressured in a tight range and is unable to preserve its momentum amid a lack of significant fundamental drivers. As of writing, the pair remains flat on the […]
S&P 500 Price Analysis – December 22 The S&P 500 setback extended to test lows around the 3600 level as expected but is continuing in the positive territory as economic recovery shows potential for the uptrend to the level 3900, but if due to the covid US will go to lockdown and the market may […]
EURUSD Price Analysis – December 21 EURUSD fell below the 1.22 level and some subsequent selling could accelerate the corrective fall towards 1.2100. The resumption of the decline in major currencies may be associated with a rebound in the rally in the US dollar against its major counterparts. The US dollar index opened the week […]
XRP/USD Market December 21 When the demand level of $0.55 holds the price, it will bounce and move towards the previous high at $0.72 provided $0.63 does not hold. Further increase in the Bears’ pressure may place the price at $0.55, $0.49, $0.79. Key Levels: Resistance levels: $0.63, $0.72, $0.79 Support levels: $0.55, $0.49, $0.44 […]
GBPUSD Price Analysis – December 20 GBPUSD maintained a positive tone last week, with sellers making a fresh attempt to continue selling beneath 1.3500 in the previous session. Meanwhile, the GBPUSD pair is up nearly 2.25% in the last week due to the pending Brexit trade. Key LevelsResistance Levels: 1.3750, 1.3700, 1.3624Support Levels: 1.3482, 1.3400, […]
GBPJPY Price Analysis – December 20 GBPJPY fell to a low of 139.31 and closed around 139.66 in the previous session. A dip below 140.31 pushed the pair to further losses as optimism about Brexit fades at the last minute. Against this backdrop, the risk tone weakens the previous upward momentum and could drop sharply […]
