GBP/SGD found support again on the 1.8381 level and now could start increasing again. The false breakout above the downtrend line has sent the rate down in the short term. Still, the bias is bullish after the rate failed to stabilize below the 23.6% retracement level in the last weeks and attempts. The pair moves […]
LTC/USD Key Levels:Resistance Levels: 286.38, 244.20Support Levels: 210.73, 189.88 Litecoin reached its highest price this year at $335.35 after which it has continued to fall successively. The price has dropped consecutively for eight days without a pause. It has actively struck the borders of the descending channel on both sides as it plunges. Litecoin Price […]
According to a report by the Korea Times, the Chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo, has warned that all 200 cryptocurrency exchanges in the country could get shut down in September once a specific financial law gets implemented. He noted that cryptocurrency exchanges need to register with the Financial Services Commission […]
The Second Wave of COVID-19 in IndiaIndia, like several countries, was forced to go through an extended period of lockdown in 2020 to curb the spread of the Covid-19. The number of positive cases reached its peak in mid-September, after which there was a swift decline towards the end of the year. By December, the […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a sideways move below level 1.1100. The currency pair has not been able to break above the resistance at level 1.1100. The pair has been trading marginally on the upside. Meanwhile, the Fibonacci tool has indicated an […]
ADA Price Analysis – April 27 An increase in the bulls’ pressure can increase the price to $1.46 and $1.68 resistance level provided $1.31 level does not hold. Should the sellers interrupt the bulls’ pressure and gain enough momentum, ADA/USD may decrease to $1.23, $1.11 and $0.98. ADA/USD Market Key Levels: Resistance levels: $1.31, […]
Key HighlightsLitecoin falls and finds support above $220The altcoin resumes an upward move as price reaches the overbought region Litecoin (LTC) Current StatisticsThe current price: $250.47Market Capitalization: $21,022,256,372Trading Volume: $4,521,614,241Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis April 27, 2021Litecoin has been in a downward movement since April […]
Given the fact that manufacturer survey results are sky-high, accurate factory data continues to fall further and further behind. After dropping 0.9 percent in February, durable goods orders rose just 0.5 percent in March. Yes, aircraft orders are a big part of the problem, but supply chain issues are also slowing things down. March data […]
Ethereum Classic (ETC) climbed higher in the early trading hours on Monday, as the entire cryptocurrency market regained bullish stability from its recent slump. The ETC is up by about 10.8% at press time, as the cryptocurrency market’s valuation climbs back above $2 trillion. The market crash last week got sponsored by Bitcoin’s fall below […]
