Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishDogecoin’s (DOGE) price has recovered from its downtrend but the bulls failed to sustain the bullish momentum above the moving averages. On December 14, the cryptocurrency rebounded above the $0.15 support and rallied to $0.22 high. However, the DOGE price was resisted […]
Uniswap Price Analysis – December 16 In case the bears’ pressure increase further to break down the support level of $14, the price may decrease to the support level at $12 and $6 levels. Uniswap price may increase to $19, $22 and $24 price levels provided the bulls defend the support level of $14. UNI/USD […]
USDJPY Price Analysis – December 16 USDJPY remains intent on keeping a high price level above 112.780. This can be seen as the market has fended off the latest price drop at the same price level. This is despite the volatility at which the price dropped. The falling momentum was tempered at the 112.780 support, […]
USD/CHF Significant LevelsResistance Levels: 0.9300, 0.9400, and 0.9500Support Levels: 0.9200, 0.9100 and 0.9000 USD/CHF Price Long-term Trend: BearishUSD/CHF has been in a sideways trend since September 17 as bull battles resistance at 0.9350. Buyers have failed to keep the current price above level 0.9350 overhead resistance. The bulls made three unsuccessful attempts to breach the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) has fallen below the moving average after retesting the resistance at level 7360. In the previous price action, on November 11, the bulls were repelled at level 7360. The index plunged to level 7200 and later to level […]
USDCAD Analysis – Price Follows a Strong Bullish Moment Despite Bears’ Restraint at the 1.25900 Influence of Price USDCAD follows a strong bullish moment despite bear restraints at the 1.25900 level of significance. The market is set in a forward direction and price movement will thus follow suit. The bulls, therefore, encourage price movement to […]
STELLAR Price Analysis – December 15 When the bulls defend the support level of $0.24, It may experience a bullish reversal towards the resistance levels of $0.30, $0.35 and $0.41. An increase in the sellers’ pressure may breakdown the support level of $0.24 which may decrease the price to the support level at $0.22 and […]
HighlightsEthereum price makes a series of lower highs and lower lowsEther targets $3,436 low Ethereum ETH) Current StatisticsThe current price: $3,822.88Market Capitalization: $453,538,032,007Trading Volume: $17,865,643,108Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis December 15, 2021 Ethereum’s (ETH) price is in a downward move. After the December 4 price […]
EUR/USD traded on an upbeat sentiment on Wednesday as the dollar (DXY) repositions ahead of the Fed verdict. Meanwhile, “Super Thursday” will play a critical role in the euro’s near-term price action due to the upcoming ECB meeting. That said, central bank divergence themes will drive the near-term price direction for the pair. The EUR/USD […]
