Protocol Deriswap to focus on Swaps, Options, and Loans. Andre Cronje, the founder of Yearn.Finance, has introduced a new DeFi protocol called Deriswap. In a November 23rd blog post, Cronje revealed the latest DeFi protocol. Cronje explained in the blog post the roles of Deriswap: “Deriswap (currently under audit), combines Swaps, Options, and Loans into […]
Sterling unfolds lower today in a calm holiday atmosphere. Sellers are back in control as there appears to be no way out of the stalemate in Brexit trade negotiations. And time is running out. Overall, the yen and dollar remain the worst performers of the week due to general optimism about coronavirus vaccines. The New […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. The price has risen to the upper price range. In a ranging market, the price will retest the upper and lower price range to resume the […]
Key HighlightsThe coin rallies to $16 highLINK crashes to $11.40 Chainlink (LINK) Current StatisticsThe current price: $12.44Market Capitalization: $4,897,406,689Trading Volume: $1,714,986,757Major supply zones: $18.00, $20.00, $22.00Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis November 27, 2020Since on November 16, the bulls broke the $13 resistance and rallied to a$16 high. The uptrend was […]
Bitcoin (BTC) just underwent a 2018-like selloff after BTC whales sprang up at exchanges to profit on Thanksgiving eve. Data from blockchain analytics firm IntoTheBlock illustrated that whales dumped more than 93,360 BTC (worth around $1.6 billion) across several centralized exchanges after the benchmark cryptocurrency peaked around $19,500 two days ago. According to the analytics […]
Key Resistance Zones: 23200, 23600, 24000Key Support Zones: 20800, 20400, 20000 Japan 225 (JP225USD) Long-term Trend: BullishJapan 225 rebounded above level 23200 to resume its rally. On November 16 uptrend, a retraced candle body tested the 78.6% retracement level. This implies that Japan 225 will rise to level 1.272 Fibonacci extensions and reverse. That is […]
EURJPY Price Analysis – November 27 EURJPY upside meets a tough barrier around the mid-124.00 level towards the end of the week on Friday. On the other hand, the currency exchange rate might make a brief retracement towards the 124.00 area within this session. Europe is seeing rays of light in getting the second COVID-19 […]
Wall Street traded on a mixed sentiment on Wednesday as the Thanksgiving Holiday in the US drew near. Yesterday was Thanksgiving in the US, and markets across the country were closed. Most sectors under the S&P 500 (SPX) traded lower on Wednesday, with Energy stocks and Consumer Stables leading the decline. The Nasdaq 100 (NDX) […]
In hopes of an increase of demand of petroleum based products due to the news of the Coronavirus vaccines being over 90% effective, a massive increase in air travel, the easing of lockdowns measures and the normal winter rally, crude oil futures (WTI and Brent) have rallied above massive levels. Brent in particular has broken […]
