The race to launch the first Bitcoin (BTC) exchange-traded fund (ETF) in the US continues to intensify, as asset manager Kryptoin recently announced that it has re-filed for an ETF with the SEC. With Kryptoin reentering the race, the number of impending BTC ETFs with the SEC is now seven. The list includes Fidelity, First […]
Gold stands at 1,743 level after registering sharp movements on Friday. The price has reached a strong resistance area, so the sell-off was somehow expected. Now is fighting hard to stay higher, the next few days could be crucial. It has erased some of Friday’s losses but the rate is still vulnerable. The yellow metal […]
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 pair has been in a downward move but the Kiwi’s price is making an upward correction. The pair corrected upward to level 0.7050 resistance zone and was resisted. Since April 5, the upward move is facing rejection at the […]
Key HighlightsEthereum bulls struggle to break the resistance at $2,150Ethereum has a target price of $2500 Ethereum ETH) Current StatisticsThe current price: $2,142.55Market Capitalization: $248,130,215,232Trading Volume: $23,662,694,684Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 11, 2021 Ethereum bulls are still struggling to break above the $2150 resistance. […]
The Canadian dollar jumped sharply in the early American session, helped by much better-than-expected employment data. Canada’s March employment report released Friday was better than expected. Analysts at the National Bank of Canada note that Canada should not yet claim victory, as new losses are likely in April. Monthly data released by Statistics Canada showed […]
Prominent US online brokerage provider Robinhood recently reported that the number of users that trade cryptocurrencies on its platform grew by six times in Q1 2021. According to a blog post dated April 8, Robinhood revealed that a total of 9.5 million users traded on its platform in the first quarter of 2021 alone, a […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: RangingUSOIL was earlier in an uptrend. WTI faced rejection at $67.50 resistance. The market declined to a $57.50 low and resumed a range-bound move. Presently, WTI is fluctuating between levels $57.50 and $67.50. Since March 18, USOIL has been in a range-bound […]
Tron (TRX) has posted more than 140% in gains over the past two weeks and still shows healthy prospects for additional gains in the near term. According to some reports, here are some of the crucial fundamental factors underpinning the prospects for more gains in the sixteenth-largest cryptocurrency. Firstly, the Tron network is launching a […]
EURJPY Price Analysis – April 9 During Friday’s European session, the EURJPY picks up steam from the prior day’s recovery at the 130.00 level and continues to pursue higher levels around the 131.00 regions. The pair will have to overcome a 130.66 upside barrier to improve its traction towards the 131.00 level. The firm daily […]
