ADA Price Analysis – July 20 When the sellers increase their pressure, the support level of $0.98 will be penetrated and the support levels of $0.83 and $0.73 may be tested. Inability to break down the $0.98 by the bears may lead to an increase in price to resistance levels at $1.11, $1.31 and $1.46. […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move. The currency pair has reached bearish exhaustion as price fell above level 1.0812 and resumed consolidation above the current support. On July 13, the bearish trend was terminated as the market resumed consolidation. […]
Key HighlightsLitecoin bears attempt to break the previous low at $105.78The altcoin is likely to further decline Litcoin ( LTC) Current StatisticsThe current price: $106.51Market Capitalization: $8,943,118,528Trading Volume: $1,473,910,378Major supply zones: $400, $420, $440Major demand zones: $180, $160, $140 Litecoin (LTC) Price Analysis July 20, 2021Litecoin’s (LTC) price falls as bears break below the previous […]
Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below […]
USDCHF Price Analysis – July 20 On Tuesday the USDCHF remains bid above the mid 0.9100 up 0.23 percent at 0.9195 intraday high. In the short term, the momentum indicators paint a positive picture for the pair. When measured by the US Dollar Index (DXY), the greenback continues to recover strengthening the overall structure of […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair is in a downward move as price reaches the low of level 80.17. The bearish momentum is likely to continue on the downside as the pair faces rejection after a retracement. Meanwhile, on June 21 downtrend; a […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair is in a downward move. The currency pair upward move faced rejection in May, compelling the Pound to resume a sideways trend. The pair has been in a sideways trend below the overhead resistance at level 1.4200. Meanwhile, […]
Investors are fleeing to safety as the Delta Covid-19 variation spreads alarmingly over the world. The Japanese yen is a typical safe-haven asset, with investors selling risky assets like the Australian dollar and buying yen instead. The Delta variation is thought to have a significant detrimental impact on world growth. This might hasten the shift […]
The world’s largest cryptocurrency asset manager, Grayscale Investments, has announced that it is partnering with CoinDesk Indexes to launch the Grayscale DeFi Fund. The latest offering from the investment giant will allow customers to get exposure to the booming decentralized finance (DeFi) industry. The Grayscale DeFi Fund will become the firm’s fifteenth product offering and […]
