STELLAR Price Analysis – January 26 When the price break down the support level of $0.16, by the bears’ increased momentum, the price may decrease to the low of $0.11, which may extend to $0.07 level. In case the bears’ pressure are unable to break down the support level of $0.16, bulls may take over […]
Although the US Fed has only made mention of issuing a central bank-issued digital currency (CBDC), the Bank of America (BofA) asserts that the product is “inevitable.” Also, BofA researchers argue that stablecoins continue to bloom and become more integral to the monetary system. CBDCs have become a common topic in central bank circles, with […]
El Salvador has gone half a year since it initiated its Bitcoin (BTC) experiment. So far, things do not look so giddy for the Central American nation following the recent market crash. President of El Salvador, Nayib Bukele, shocked the world in 2021 when he announced the country’s plans to adopt Bitcoin as a legal […]
Risk-averse Japanese yen and US dollar climbed higher on Tuesday as other risk-sensitive currencies as the New Zealand dollar fell alongside the euro, amid growing concerns over a potential Russian invasion of Ukraine and a hastened policy tightening by the Federal Reserve. The Australian dollar climbed briefly following a strong consumer price data release, which […]
EURCHF Price Analysis – January 25, 2022 EURCHF reverts to 1.03270 as selling pressure negates bullish strength. After the price broke out of the long-drawn descending channel, it met resistance at 1.04520 and then undulated through another descending channel to 1.03270. From here, the bulls switched and powered the market through several key levels. However, […]
USDCHF Price Analysis – January 25 USDCHF drifts off its upward course as it fails to keep up the fervency that has kept it moving upwards. Signs that the currency pair was losing it came in late December 2021 as the price forced itself through a consolidation point between its uptrend line and the 0.91570 […]
ADA Price Analysis – January 25 When the sellers increase their momentum to push down price below $0.98, the support level of $0.83 and $0.73 may be tested. In case the Support level of $0.98 holds, the buyers may push up the price towards $1.11, $1.30 and $1.46 levels. ADA/USD Market Key Levels: Resistance levels: […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is trading below the moving averages but hovers above level 1.3440. Meanwhile, on September 27, downtrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement suggests that the Pound will fall to level 1.618 Fibonacci extension […]
Solana has fallen to the low of $87SOL/USD has reached the oversold region Solana (SOL) Current StatisticsThe current price: $90.94Market Capitalization: $46,528,296,188Trading Volume: $4,555,783,625Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis January 24, 2022 Solana’s (SOL) price has fallen significantly to the low of $87 as the altcoin […]
