Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 QTUM/USD Long-term Trend: Bullish Qtum is in an upward move after breaking the downtrend line. In retrospect, the pair has been in a bear market since June 29, 2019. In June, Qtum was in a bull market; the bulls have taken […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish After failing to break above $10,400, the bulls and bears were tussling with the price between $10,200 and $10,400 for five days. The bears succeeded in breaking the $10,200 support after consolidation. The bears won the first […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,300, 7,200, 7,100 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 shares have been fluctuating throughout last year. It fluctuates between the low of 7,100 and a high of 7,700. As a range-bound trader, you initiate long orders at the lower price range. Then you exit these […]
As blockchain continues to receive widespread adoption, nations in the Middle East and Africa (MEA) are anticipated to drastically boost spendings relating to technology in the coming years. A US-based market research enterprise, International Data Corporation (IDC), in a recent statement forecasts that administrations across MEA will witness a 400% boost in their collective investments […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish On February 11, Ripple slumped to the low of $0.26 and rebounded as the coin reached a new high of $0.32. Before this time, the bulls have been finding it difficult to break the resistance at $0.28. Analysts are […]
EURJPY Price Analysis – February 14 The consistent delicate tone encompassing the European currency joined with a relentless pace in the Japanese safe-haven, compels EURJPY to exchange inside the proposed sentiment at the level of 119.00 handles. Key Levels Resistance Levels: 123.37, 121.01, 119.66 Support Levels: 118.20, 117.08, 115.83 EURJPY Long term Trend: Bearish In […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish After February 11 breakouts, Bitcoin has been characterized by small body candlesticks like Doji and spinning tops. These candlesticks describe the indecision between the buyers and sellers concerning the direction of the market. The price is now […]
XAUUSD Price Analysis – February 14 Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of […]
• The $10000 support is a key important level for the next bullish rally. • If Bitcoin fails to rebound at this support, a slight bearish correction is likely for Bitcoin Since yesterday, Bitcoin’s bullish sentiment paused after facing resistance at $10450. This rejection has led to about 3% losses; bringing the current price to […]
