Cardano (ADA) recently released more information on its native programming language, Plutus, which network users can use to write smart contracts after the highly-anticipated Alonzo upgrade falls through. According to a blog post explanation by IOHK, the host company of Cardano, the Plutus contracts have parts that operate both on-chain and off-chain. The post also […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has resumed a downward move after rejection at level 111.00. For the past two weeks, the pair has been failing on the downside. The Yen is likely to find support above level 108.00. If it does, the […]
Uniswap Price Analysis – April 15 Should the bulls maintain or gain more pressure to break up the resistance level of $39, Uniswap price may increase to $44 and $50 price level. Failure to break up the resistance level of $39 by the bulls may result to bearish movement towards the support level at $34 […]
Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: BullishDOGE price has resumed upward move after buyers broke the resistance line of the horizontal channel. The altcoin has rallied to $0.144 high. The RSI has indicated that the coin has reached the overbought region of the market. Therefore further upward move […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 has continued to show bullishness despite the minor retracement. UKX has resumed an upward move to retest the resistance at level 6950. The uptrend will resume once the resistance is breached. Meanwhile, on the March 9 uptrend, a retraced […]
Financial markets showed their expectations regarding the US CPI rates for March, published the day before, as the reaction was observed among all participants. The US monthly consumer price index rose to 0.6%, beating previous and forecasts, while the annual rate also rose to 2.6% in similar circumstances. The US dollar declined for the second […]
Coinbase has made history today, following its initial public offering (IPO) on the Nasdaq. The exchange’s stock price (NASDAQ: COIN) saw a massive spike immediately after its debut on the stock exchange. The stock price surged by 52.4% to $380 per share, as its highly-anticipated listing kicked off on the tech-heavy exchange this afternoon. The […]
S&P 500 Price Analysis – April 14 The S&P 500 updated the record highs during the day at 4154 levels, gaining 0.02% before retreating lower. The bond market sell-off will restart in due course, capping stock market gains. Since mid-March, the 10-year Treasury yield has been relatively steady. Key LevelsResistance Levels: 4250, 4200, 4154Support Levels: […]
STELLAR Price Analysis – April 14 After the pulling back, should the bulls push up the price above the resistance level of $0.69, resistance level of $0.76 may be tested and the price may further increase towards $0.85. In case the bears defend the $0.69 level, there may be a breakdown of the support level […]
