Market Analysis – December 18 The FTSE 100 index hit a significant low in early October 2023, setting the foundation for a strong bullish trend. Following this recovery, the index climbed to a pivotal high at 7928.10, which became a critical reference point. However, this upward momentum was soon followed by an extended consolidation phase […]
Bullish momentum is growing SPONGEUSDT Price Analysis – 20 December SPONGE might be able to overcome the $0.000196 resistance level and begin an assault toward the $0.000330 and $0.000402 levels if the Bulls continue to be relentless. Sponge may continue to purchase. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000136, $0.000081, […]
The AMP/USDT market has seen tiny gains since the previous session. This minimal gain has even come against further restraint. As a result, the token has only seen an overall price increase of roughly 3%. Yet, there are still indications that price actions are up against positions that may introduce more losses. Amp Statistics: AMP […]
USDCHF Price close to $0.90 USDCHF Price Analysis – 20 December USDCHF can rise above $0.91 and get closer to the $0.92 barrier levels if the purchasing momentum can hold above the $0.90 resistance level. Sellers can push the price below $0.89 and into the $0.88 and $0.87 areas if they apply enough pressure. Key […]
Further price decrease is possible BNBUSD Price Analysis: 20 December If buyers can hold onto the $662.0 support level and break above the $689.7 resistance level, they might be able to drive the price to test the $726.3 and $756.0 resistance levels. If BNB can break through the crucial $662.0 level, it should target the […]
Market Analysis – December 17 EURCHF signals a bullish breakout above the key resistance zone. The 9-period Simple Moving Average (SMA) at $0.93230 is trending upwards and acting as a dynamic support, confirming the strength of the recent upward momentum. Additionally, the Relative Strength Index (RSI) is at 65.80, indicating that the pair is approaching […]
Market Analysis – December 16 AUDJPY signals strong bearish momentum toward key support levels. The AUDJPY pair currently trades below the 9-day SMA at $97.030, indicating a bearish sentiment. The stochastic RSI shows a modest recovery but remains weak, with values at 63.77 and 46.56, suggesting the pair could face selling pressure soon. AUDJPY Key […]
The stablecoins market has reached a significant milestone, surpassing $200 billion in total market capitalization for December 2024. This 5.51% increase marks the fifteenth consecutive month of growth for the sector, highlighting the growing importance of price-stable cryptocurrencies in the broader digital asset ecosystem. Market Leaders and Key Developments Tether (USDT) continues to dominate the […]
Sponge might keep buying SPONGEUSDT Price Analysis – 19 December Bulls remain ardent, SPONGE may be able to break over the $0.000196 resistance level and launch an attack toward the $0.000330 and $0.000402 levels. SPONGE/USDT Market Key levels: Resistance levels: $0.000196, $0.000330, $0.000402 Support levels: $0.000136, $0.000081, $0.000006 SPONGEUSDT Medium-term Trend: Bullish For SPONGEUSDT, the […]
