Many Ripple (XRP) enthusiasts are familiar with the monthly XRP escrow release. The XRP escrow got designed to integrate predictability and stability to XRP. Meanwhile, a part of this monthly supply gets directed to former Ripple executive Jed McCaleb. However, instead of holding his newly-minted coins, McCaleb eagerly dumps his holdings into the market. Recent […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 has been in a sideways trend since May 7. The market has been fluctuating below level 35200 overhead resistances. The index is falling after facing rejection at the recent high. In previous rejections, […]
“When I encounter traders who lack enthusiasm for trading, I know their foray into the financial markets will be short lived. They seem puzzled that their mediocre efforts, and a tendency to be pessimistic, haven’t led to a bank account full of gold.” – Louise Bedford Name: Greg CoffeyDate of birth: April 25, 1971Nationality: AustralianOccupation: […]
Dollar: Inflation rose more than expected in June, according to data released on Wednesday. Price increases remained connected to a few relatively limited areas, according to analysts, but there is growing evidence that inflation is spreading beyond the items at the heart of the surge. They recognize that the data will have little impact on […]
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 is nearing bearish exhaustion as it fell to level 1.0826. The market is approaching the previous low at level 1.0790. Meanwhile, on March 16 downtrend; a retraced candle body tested […]
According to a recent report from CryptoCompare, cryptocurrency trading volume on top exchanges took a beating in June. The report showed that crypto trading volume for June averaged 42% lower than in May. According to the cryptocurrency analytics platform, this slump in trading volume was due to several factors. The report revealed that a maximum […]
Key HighlightsLitecoin faces rejection at the $150 highThe altcoin is likely to further decline Litcoin ( LTC) Current StatisticsThe current price: $132.44Market Capitalization: $11,126,088,271Trading Volume: $1,442,872,449Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis July 13, 2021Litecoin (LTC) is consolidating above the $130 support. Buyers have earlier retested the […]
On-chain analytics company Glassnode recently reported on the Bitcoin (BTC) network, noting that it is, fundamentally, in a healthy state despite the vacillating price action. The analytics provider revealed that we are in an “impressively quiet week,” as BTC remained range-bound between $34,900 and $32,500. Glassnode noted that: “It is starting to feel like the […]
GBP/USD dropped significantly today but it maintains a bullish bias. It has escaped from a reversal pattern, so it is still expected to increase. DXY has rebounded, helping the USD to increase a little versus its rivals. The US CPI is expected to increase by 0.5% in June after a 0.6% growth in May. Moreover, […]
