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Ethereum Slumps After Stiff Resistance at the $4,094 Barrier

Ethereum Slumps After Stiff Resistance at the $4,094 Barrier

Ethereum (ETH) Current Statistics The current price: $3,878.58Market Capitalization: $467,294,469,689.08Trading Volume: $37,170,514,753.85Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis December 18, 2024 The price of Ethereum (ETH) has retraced above the 21-day SMA support after stiff resistance at the $4,094 barrier. The largest altcoin trades in a narrow […]

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US30 Bullish Trend Faces Critical Resistance at 44919.0 Supply Level

US30 Bullish Trend Faces Critical Resistance At 44919.0 Supply Level

Market Analysis – December 17 The US30 index since hitting a low in late September 2024, has sustained a strong bullish trend, supported by a well-defined ascending trendline. This upward momentum enabled the price to break through several supply zones, showcasing robust buying pressure. The rally peaked at the significant 44919.0 supply level, where a […]

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GBPUSD encounters a bullish retracement

GBPUSD Encounters A Bullish Retracement

Market Analysis – December 17 The GBPUSD pair has displayed mixed price behavior in recent months, with both bullish and bearish movements. While the short-term outlook is currently bullish due to a retracement, the long-term trend remains firmly bearish. GBPUSD Key Levels Demand Levels: 1.26860, 1.24470, 1.25530Supply Levels: 1.29960, 1.32460, 1.34470 GBPUSD Long-Term Trend: Bearish […]

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Bitcoin Options Expiry: Will Markets Slide Further?

Record Crypto Inflows Hit All-Time High as Markets Eye Altcoin ETF Expansion

Digital asset investment products have shattered previous records, with 2024 crypto inflows reaching an unprecedented $44.5 billion. The latest data from CoinShares shows a remarkable ten-week streak of positive investments, with the most recent week adding another $3.2 billion to the total, highlighting growing institutional confidence in cryptocurrency markets. Main Catalysts of Recent Crypto Inflows […]

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AUDJPY Signals Strong Bearish Momentum

AUDJPY Signals Strong Bearish Momentum

Market Analysis – December 16 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 Levels Demand Levels: 102.390, 109.370, 115.000Supply Levels: 93.590, 90.120, […]

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TRON Hits Record $587.2B USDT Transfer Volume

TRON has reached an all-time high in USDT transfer volume, processing $587.2 billion in November 2024. This milestone highlights the blockchain’s growing prominence in the global stablecoin ecosystem and its appeal as a cost-effective network for transactions. TRON’s Dominance in Stablecoin Transfers TRON’s remarkable USDT transfer volume marks a significant leap from $489.3 billion in […]

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NZDUSD Fades to New Support Level

NZDUSD Fades to New Support Level

Market Analysis – December 14 The NZDUSD pair has broken the 0.58840 support level, descending steadily to the next support at 0.57740. This decline featured a sequence of consecutive bearish candles, reflecting a strong downtrend. The market remains firmly bearish, with the potential for further price dips as sellers maintain control. NZDUSD Key Levels Demand […]

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