Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 is in an uptrend but faces rejection at level 37000. The bulls broke the resistance at level 36400, retested it, and resumed the uptrend. The index has reached the high of level 36800 […]
The government of Estonia has reportedly moved to approve draft legislation curated “to more effectively regulate virtual asset service providers (VASPs).” According to an explanation by the Finance Ministry of Estonia on Sunday, the primary goal of this legislation is to dampen the risk of financial crime perpetrated through crypto entities registered and operational in […]
On-chain analytics provider Whale Alert recently revealed that Ripple (XRP) and Binance have carried out several XRP transactions worth over $170 million over the past few hours. The Ripple wallet moved 40 million coins (worth $33.2 million at press time), to one of its backup wallets named RL 18-VN. This backup wallet is the preferred […]
S&P 500 Price Analysis – January 5 S&P 500 is stalling below the $4,810 significant level as it aims to break more ground. Though the market bears have been subdued for a while, they are found to rear their heads at intervals, such that they impede the price upward movement. Such an instance is what […]
USDCAD Price Analysis – January 5 Bear tension increases as the USDCAD market continues to sell in a downtrend zone. The bull’s progress suddenly elapsed, and this allowed the sellers to push forward market value in a downtrend movement to follow the sellers’ orientation. The seller’s prospect is expected to move downward in the long […]
Key HighlightsLTC price resumes downward correctionLitecoin fluctuates between $144 and $155 Litecoin (LTC) Current StatisticsThe current price: $148.18Market Capitalization: $12,451,441,024Trading Volume: $12,451,441,024Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 5, 2022Litecoin’s (LTC) price is still in a downward correction as buyers recoup to resume uptrend. Since December […]
STELLAR Price Analysis – January 05 In case the bulls increase their momentum, the price may penetrate $0.30 level upside and increase to $0.34, which may extend to $0.41. Should the resistance level of $0.30 holds, the price may decrease to the support level at $0.20 and $0.16 if the $0.24 level permits XLM/USD Market […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishSince December 20, GBP/USD has begun resumption of an upward move but battles resistance at level 1.3560. The bearish trend is presumed to have ended on December 29. According to the Fibonacci tool, the bearish trend has subsided as buyers […]
USDCHF Price Analysis – January 4 USDCHF bulls pose a bullish engulfment candlestick reversal pattern as they prepare to shake off downward pressure. The market has been trying to hold above the 0.91570 price level since it crashed to that level on November 30th, 2021. The struggle was long-drawn and USDCHF eventually succumbed to pressure […]
