Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is in an uptrend. The index is still in the overbought region of the market. It is facing resistance in the overbought region of the market. The current bullish momentum is not likely to extend to level 15000. […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD is in a downward move. The currency pair plunged to $0.6923 low after rejection from level 0.7300 overhead resistance. The pair was repelled thrice before the downward move At the downward correction, the price corrected upward but faced rejection […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: July 11 In case the bulls increase their momentum, the resistance level of $244 may be broken upside, which may increase the price to $281 and $322 resistance levels. In case the bulls are not able to break up resistance level of […]
Following its June policy meeting, the BoC indicated in the past week that its benchmark rate will remain at 0.25 percent, as expected. The BoC chose to keep the weekly net asset purchases of the government of Canada bonds at C$3 billion. Indeed, the Canadian economy is recovering by predictions, implying that the central bank’s […]
Authorities of the People’s Bank of China (PBoC) are on the neck of the cryptocurrency industry once again. This time around, they have issued a notice to local institutions, warning them against providing services to crypto-related companies. The Chinese government has ramped up its anti-crypto activities in the past few weeks, causing several local crypto […]
Mechanicville Power Station 1897, the world’s oldest 3-phase power plant, has announced that it is going into Bitcoin (BTC) mining. The firm noted that it would use some of the power it produces to carry out the undertaking. Jim Besha, the Albany Engineering Corp CEO, noted that the aged 3-phase AC hydropower plant considers Bitcoin […]
Key HighlightsEthereum plunges to $2,060 support The biggest altcoin has resumed an upward move Ethereum ETH) Current StatisticsThe current price: $2,128.92Market Capitalization: $248,334,148,450Trading Volume: $15,655,182,665Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 11, 2021 Since July 8, Ether plunged to $2,082 and resumed consolidation above the $2,060 […]
The rapid rise of cryptocurrency across the globe has left many scratching their heads. When Bitcoin suddenly shot up to over $60,000 last year and subsequently fell back down to just under $35,000, it raised questions about the stability of crypto. Yes, it’s true that crypto is a volatile and fast-evolving industry, but it may […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL is in an uptrend as it reached the high of $76.95. The market is declining after rejection from the recent high. Meanwhile, on July 6 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that USOIL […]
