Ethereum Classic (ETC) and other cryptocurrencies have had a very rocky price action over the past few weeks following crackdown actions by the Chinese government on the crypto space and Tesla’s decision to stop accepting Bitcoin as payment. Meanwhile, the United States financial authorities are taking a more active stance in regulating the cryptocurrency industry […]
Since the United States and the United Kingdom are both on vacation, trading has been pretty quiet. The pound is slightly weaker, followed by the dollar and the Swiss franc. The Australian dollar, on the other hand, is slightly rising ahead of the RBA’s rate statement in the Asian session. The central bank is unlikely […]
Key Highlights BCH recovers from a downtrend above $467The altcoin resumes a fresh uptrend Bitcoin Cash (BCH) Current StatisticsThe current price: $696.72Market Capitalization: $14,604,040,003Trading Volume: $14,604,040,003Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis May 31, 2021 On May 23, Bitcoin Cash fell to the low $467 […]
EURUSD Price Analysis – May 31 On Monday, the EURUSD trades in a limited range as daily volatility continues around 1.2200. Despite a broad-based stabilization in global markets and a lack of volatility following the US markets’ inactivity due to the Memorial Day weekend, the single currency trades without a clear direction. Key LevelsResistance Levels: […]
Recently, the Chinese government has gotten more conscious about the cryptocurrency economy, with a lot of attention focused on Bitcoin mining operations. The Chinese government has stated its plans to get the country to carbon neutrality by 2060 and capture a good percentage of this neutrality by 2030. That said, many crypto-based companies have begun […]
US Oil decreased a little in the short term but the outlook remains bullish. It has decreased to test and retest the immediate support levels before jumping higher. Technically, the breakout above the near-term strong resistance levels signaled a potential further growth. Still, the rate could move sideways before resuming its upwards movement. The US […]
Key Support: 1.2180 Key Resistance: 1.22 – 1.2235 – 1.2260 The EURUSD dipped last Friday’s on some very bullish USD momentum pre NY open to test the long term bullish structure and the previous week’s lows. The USD remains very much fundamentally under pressure and last Friday the DXY faked out of a massive resistance […]
Bitcoin SV Price Analysis – May 31 When the bulls increase their pressure, the resistance level of $171 may be penetrated and there may be an increase to $198 and $217 price level. Should the support level of $152 hold, ranging movement may continue, however, the support level below the current price are found at […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is in an upward move. The index has been facing rejection at level 14000. The current upward move is facing resistance level 13800. In the previous price action, the bulls were resisted twice at the resistance of 14000. […]
