Buyers lost control at $0.00001252 Shiba Inu (SHIB) Price Analysis: 12 October The price may be able to overcome the resistance levels of $0.000013 and $0.000015, respectively, if buyers can push the price over the $0.000012 mark. The price may fall below $0.000011 and attempt to test the support levels of $0.000010 and $0.000009, respectively, […]
Perpetual DEX Frenzy Heats Up The perpetual decentralized exchange (perp DEX) sector is witnessing explosive activity, with nearly $1 trillion traded in the past month, according to DefiLlama data. Over the last 30 days, perp DEXs recorded a combined volume of $869.19 billion, with trading activity soaring 153.74% this week alone. Perp DEXs—decentralized platforms for […]
Europe’s Drive for Monetary Independence The European Systemic Risk Board (ESRB) has issued a recommendation to ban multi-issuance stablecoins, reinforcing the European Central Bank’s (ECB) long-standing campaign to safeguard European monetary sovereignty. The proposed restriction targets stablecoin providers such as Circle and Paxos, preventing them from issuing identical tokens across multiple jurisdictions while maintaining reserves […]
While most of the coins from last week’s list of top five trending cryptocurrencies have been displaced, the QUQ token has remained. Not only that, but it has also moved from the third spot to the top of the list as of the time of writing. Let’s take a look at each of the tokens […]
The GBPAUD market has bounced off the baseline at the 2.0300 price level. The pair appears to have thrived on the fact that the United Kingdom maintains a more stable outlook on the fundamental front, as the unemployment rate is forecast to remain unchanged. On the Australian side, however, there are more fundamental factors at […]
The EURAUD pair remains in an uptrend on both outlooks.The currency pair could decrease in value sooner despite its uptick momentum. EURAUD Weekly Price Analysis – October 12 Today, the EURAUD bulls may lose control as the market is in the overbought region, signaling a potential bearish reversal. The pair may encounter price drops as […]
The corrective theme that emerged last week has intensified across the foreign exchange market. The majority of pairs are now in a clear risk-off mode, with sellers dominating the price action. Bearish momentum has accelerated in AUDCAD and AUDNZD following rejections from key highs. The downtrend in NZDCHF has resumed with force, while the pullback […]
The Japan 225 market has plummeted sharply following reports that the U.S. president threatened to impose a 100% tariff on Chinese goods. Several other markets have also felt the impact of this development as prices tumble across the board. In a more detailed manner, let’s take a closer look at the price behavior below. Key […]
The Platinum market has managed to maintain a high altitude over the past week. This is largely because the metal has continued to retain its shine. Although the $1,700 price level remains a strong resistance point, bullish forces have been able to sustain a significant level of control. Key Price Levels Resistance: $1,750, $1,850, $1,950 […]
