Cardano (ADA), the tenth-largest cryptocurrency, has recently released the date for its long-anticipated Hard Fork Combinator (HFC) event termed “Mary.” According to the founder of the project, Charles Hoskinson, the network upgrade will occur on March 1, after a satisfactory developer checks and quality assurance result on the HFC on February 24. Hoskinson noted that […]
S&P 500 Price Analysis – February 17 The S&P 500 started the day sharply lower while pointing losses at the open and struggling to stay beyond the 3900 levels. As of writing, the S&P 500 was down 0.8% on the day at 3,901. Despite upbeat data published by the US Census Bureau on January retail […]
Key Resistance Levels: $0.65, $0.70, $0.85Key Support Levels: $0.30, $0.25,$0.20 XLM/USD Long-term Trend: BullishStellar is in an uptrend as it reached a high of $0.60. The crypto was resisted at the recent high as price retraced and found support above $0.45. The upward move will resume if the current support holds. However, the downtrend will […]
Key Support: 104.60 – 104.00 key Resistance: 106.40 USD/JPY Long Term View The USD/JPY has been rising for the better part of 2021 on a Yen selloff but the long term structure remains bearish since the pre-pandemic highs around 112.00. This was a massive -8.15% move from high to lows with a 3.5% pullback to […]
Key support: 1785 – 1780 Key resistance: 1795-1814 Gold long-term bullish Since the pandemic hit Gold has rallied 42.88% from low to high of the move and has retraced -15.40% from the highs to a massive key level. Buys are still in play as Central Banks keep their asset purchasing programs at all time highs […]
The ongoing SEC vs. Ripple debacle has sown a seed of mistrust in the hearts of many investors against holding XRP. Ripple’s former CTO, and co-founder, Jed McCaleb, is leading the charge and has been offloading his Ripple (XRP) holding at a steady rate. McCaleb, alongside Chris Larsen and Brad Garlinghouse, co-created and founded Ripple […]
Key HighlightsEthereum is retracing and may find support above $1,700The bulls failed to break above the peak price of $1,874 Ethereum ETH) Current StatisticsThe current price: $1,749.39Market Capitalization: $199,631,257,252Trading Volume: $33,419,610,063Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 17, 2021 Ethereum bulls have failed to attain the […]
EUR/USD closed the first day of the week with little change and gained momentum during the European session on Tuesday. However, having touched the highest level in three weeks at 1.2170, the pair reversed its course and turned negative during the day. The euro is showing slight losses, and now the EUR/USD pair is trading […]
The US Securities and Exchange Commission (SEC) and Ripple, the host company of the sixth-largest cryptocurrency, have both asserted that there will be no settlement on the current lawsuit against Ripple before the official trial date, as many cryptocurrency enthusiasts anticipated. The assertion was confirmed through a letter dated February 15, 2021, and was addressed […]
