Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price fell to the low of $33.60 and pulled back. The cryptocurrency is deeply in the oversold region. Polkadot is testing the historical price level of October 11. Today, the price action is indicating a long candlestick tail. The […]
Sam Bankman-Fried, co-founder of one of the largest cryptocurrency exchanges—FTX—noted that Solana (SOL) could overtake Ethereum soon. Bankman-Fried made this assertion at his appearance in Kitco. The FTX co-founder, the richest crypto billionaire, clarified that Ether could record a massive adoption in the institutional space even if its blockchain fails to fall short of such […]
BNBUSD Price Analysis – November 26 Should the resistance level of $678 is broken upside, the price may increase to $758 which may extend to $850. In case the resistance level of $678 holds, the price may reverse and resume a bearish movement towards the support levels of $599, $540 and $503. BNB/USD Market Key […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: BearishGold (XAUUSD) is in a downward move. On November 16, XAUUSD rallied to $1,877 high. Buyers could not sustain the bullish momentum as the market reached the overbought region. Gold was rejected from the recent high as the market […]
In today’s session, the New Zealand Dollar continues to be the worst-performing currency, with the Yen trailing far behind, the currency markets are really quiet. Because the United States is on vacation, trading will most likely remain low. The greenback is still the strongest currency for the week, owing to expectations that “transitory” but persistently […]
AUDUSD Price Analysis – November 25 AUDUSD – The Australian dollar is losing ground against the US dollar, down 0.17 percent to 0.7179 intraday low at the time of writing. Despite thin liquidity conditions, European indices are up, owing to the Thanksgiving holiday in the United States. The intraday profit-taking plunge in the US dollar […]
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 is in a downward move. The cryptocurrency plunged to $0.21 low since November 18. For the past week, the altcoin has been consolidating above the $0.21 support. The $0.21 support was the previous low of October 27. Since October […]
The GBP/JPY pair moves sideways between 154.21 and the153.49 weekly pivot point. In the short term, the Yen has started to appreciate versus its rivals as the Japanese Yen Futures tries to rebound. Also, the JP225, the Nikkei seems vulnerable, a potential drop may signal Yen’s growth. Fundamentally, the Yen received a helping hand from […]
While Bitcoin (BTC) remains constricted within a sideways pattern, whales have only doubled down on supply accumulation. On-chain analytics firm Santiment reported that BTC whale addresses have accumulated over 60,000 BTC over the past week. The firm noted that: “If you’ve been waiting for #Bitcoin whales to show signs of accumulation, our data indicates it’s […]
