Key Support: 1.2450 Key Resistance: 1.2515 – 1.255 The USDCAD has rallied 4.88% from the June 1st lows. That about a 585 pip move from low to high. After hitting those highs around 1.2590 on July 8th we´ve seen a -1.17% pullback (-147.5 pips) right to the previous broken key level. This level confluence with […]
ADA Price Analysis – July 13 When the sellers increase their momentum to push down price to $1.11, the support level of $0.98 and $0.83 may be tested. In case the Support level of $1.11 holds, the buyers may push up the price towards $1.31, $1.46 and $1.64 levels. ADA/USD Market Key Levels: Resistance levels: […]
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 downtrend. On June 18, the currency pair fell to leve 1.3800 and corrected upward. The upward correction was terminated at level 1.4000 signaling the resumption of a downward move. Meanwhile, on June 21 downtrend; a […]
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. The downtrend is likely to continue as price rises to the overbought region of the market. The market has earlier been rejected at level 84.00. Meanwhile, on June 21 downtrend; a retraced […]
After filing the Bitcoin and Ethereum Trusts, Grayscale, the world’s largest cryptocurrency asset manager, has successfully listed its Digital Large Cap Fund with the SEC as a reporting product. The behemoth digital asset manager has also filed three other Registration Statements with the regulatory body. The investment company filed a Registration Statement on Form 10 […]
The dollar is recovering slowly with the yen, and commodity currencies are the weakest. However, key pairs and crosses are mostly contained around Friday’s level. Breakthrough is also a long way off. The key emphasis in terms of technical analysis will be on if moves in the Dollar and Yen indicate a near-term bearish turnaround. […]
Key Highlights BCH corrected upwards to $550 highThe crypto may resume downtrend Bitcoin Cash (BCH) Current StatisticsThe current price: $488.47Market Capitalization: $10,260,627,186Trading Volume: $10,260,627,186Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis July 12, 2021 For the past two weeks, Bitcoin Cash (BCH) has been in a […]
With the DeFi market on a steady upward trajectory, Aave continues to regain significant bullish traction on Monday. The twenty-seventh-largest cryptocurrency is up by 8% today, with a 24-hour trading volume of $383 million. The DeFi token currently boasts the number one spot as the top DeFi lending protocol, with over $16 billion in total […]
Bitcoin SV Price Analysis – July 12 A further upward movement may take the price to $233. A bearish breakout is expected at the support level of $171 which will expose the coin to the support level of $152 and $134. The Relative Strength Index (14) is moving towards the north region, indicating an increase […]
