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Stellar (XLM) Rebounds And Continues Its Upward Move Above The Downtrend Line

Key Resistance levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Bullish Stellar has been struggling to break the $0.09 resistance level after price rebounded at the $0.06 support level. In September, the bulls attempted to breach the $0.09 resistance but the bulls suffered a setback as the coin dropped to the […]

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EOS Begins a Gradual Rally; Can It Reach the Resistance Level at $6?

Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2,$1 EOS Price Long-term Trend: Bullish EOS is in a bullish move but it is encountering penetration at the $3.70 price level. The market pulls back and continues to trade below $3.70. EOS has made concerted efforts at the resistance so as to move up […]

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Hong Kong Amps up CBDC Studies

The Hong Kong Monetary Authority just disclosed that it is carrying out studies on developing a CBDC. This announcement came on the 7th of November in a news report. Partnership with the PBoC HKMA also disclosed that it is partnering with the digital currency department of the People’s Bank of China. The PBoC is expected […]

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