Australian entrepreneur Fred Schebesta plans to give A$5 worth of Bitcoin (BTC) to Australians as an incentive for taking the COVID-19 vaccine. Given the population of Australia, Schebesta would distribute A$104 million (approx. 75 million USD) if the whole population gets vaccinated. The co-founder of the financial comparison website Finder made his intentions to reward […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downward move as price reaches the low of $61.92. The downtrend has been ongoing since July 6. On August 9, the WTI made an upward correction to $69 high which was repelled. This correction signal another round of […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36Polkadot (DOT) Price Long-term Trend: BullishPolkadot’s (DOT) price is struggling to break above the resistance at $28.50. A break above the recent high will catapult the crypto to the high of $35. Presently, buyers are attempting to break the recent high convincingly. However, DOT price is trading […]
The largest cryptocurrency exchange in America, Coinbase, plans on expanding its crypto holdings on its balance sheet with $500 million according to a recent announcement by the firm’s CEO, Brian Armstrong. Although he did not mention the cryptocurrency Coinbase currently holds our plans to acquire, he noted that 10% of all profits would go into […]
Today, the Canadian dollar is the worst-performing currency, and slightly weaker-than-expected retail sales numbers aren’t helping matters. The loonie is being dragged down by persistent oil price weakness, as well as the general negative sentiment. Retail sales in Canada rose 4.2% MoM to C$ 56.2 billion in June, below 5.0% MoM expectations. Sales increased in […]
GBPJPY Market Analysis – August 20 GBPJPY double top chart pattern has plunged the price back to the 149.350 support zone. The chart pattern was formulated after price recovered from a downward surge which sunk the coin well below the 149.350 key level. GBPJPY met support at 148.440 and moved up. Further support from 149.350 […]
EURJPY Price Analysis – August 20 On Friday, the EURJPY continued much under attack at current levels within the 128.00 area. A further decline might take the price down to the 127.00 level. In terms of policy, the gap between the Federal Reserve and the European Central Bank (ECB) is anticipated to increase in the […]
BNBUSD Price Analysis – August 20 The resistance level of $420 has turned to support level and price is exposed to the resistance levels of $503, $599 and $678. The support levels below the current price can be found at $420, $364 and $311. BNB/USD Market Key levels: Supply levels: $433, $503, $599 Demand levels: […]
USD/SGD moves sideways in the short term. It has decreased a little, but the bias is still bullish. That’s why we could still search for long opportunities. The Dollar Index has continued to increase, so the greenback could resume its appreciation. USD has received a helping hand from the US Unemployment Claims in yesterday’s session. […]
