As Ethereum (ETH) records new all-time highs in 2021, miners on the Ethereum network are making more profits than ever. That said, miners are running on limited time, ETH developers are working on switching to a proof-of-stake (PoS) consensus mechanism. Despite the limited time, miners are focusing a lot of hashing power on the Ethereum […]
Gold rallied in the short term and now it stands at 1,729 level right below a critical resistance level. As you already know, the yellow metal was into a corrective phase after reaching the 2,075 all-time high in August 2020. The price has found strong support and now it has turned to the upside. Technically, […]
Last week came with an immense bullish momentum for Bitcoin (BTC) and the entire cryptocurrency market, which came just a few points from hitting the $2trillion valuation mark. The bull market also saw Ethereum (ETH) and Binance Coin (BNB) break new record highs, while Bitcoin struggled with the $60k region. At press time, Bitcoin is […]
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 since February 25. The price is making a series of lower highs and lower lows. Today, the Kiwi has fallen to the low 0.7030. On March 5 downtrend; a retraced candle body […]
Key HighlightsBuyers break the $2000 overhead resistance to reach a high of $2,142.70The biggest altcoin retraces to $2000 support and resumes upward Ethereum ETH) Current StatisticsThe current price: $2,030.20Market Capitalization: $234,540,196,771Trading Volume: $32,064,074,442Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 4, 2021 Ether retraces after attaining a […]
Joe Biden was sworn in as President of the United States on January 20. Since then, he has managed to pass an almost $2 trillion stimulus package and come up with an infrastructure plan that costs the same. He also indicated that he plans to raise taxes to pay for the plan. Adopting an infrastructure […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in an uptrend. The uptrend has been terminated at the $68 high. WTI fell to the low of $57 and resumed consolidation above the current support. On March 8 uptrend a retraced candle body tested the 50% Fibonacci retracement level. […]
The largest cryptocurrency exchange in the United States, Coinbase, has just announced that the date for its long-awaited direct listing on the stock market has been fixed. Following approval from the US Securities and Exchange Commission, the exchange reported that it would get listed on the Nasdaq on April 14. According to a blog post […]
Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishGBP/JPY uptrend is ongoing even though the stochastic has indicated an overbought condition of the market. The Yen has resumed a fresh uptrend at the low of 148.52. The Yen will continue to rise as the Relative Strength Index approaches […]
