Following an interest rate drop on Wednesday, Federal Reserve Chair Jerome Powell forcefully reaffirmed the central bank’s stance on Bitcoin at a press conference. Powell clarified that legal constraints preclude the U.S. government from establishing a Bitcoin reserve when questioned about the prospect of doing so. He clarified:“We are not permitted to possess Bitcoin. We […]
Market Analysis – January 1 AUDJPY experienced a bullish surge at the test of the bullish order block of 95.5780. However, the bulls’ recovery has hit a stumbling block, as the price has found difficulty pushing through the very next resistance level of 98.3340. AUDJPY Key Levels Demand Levels: 95.5780, 93.8740, 92.0845 Supply Levels: 98.3340, […]
The STORJ/USDT market has fallen under bearish influences that may cause further price declines in the market. This stands true despite the token seeing a price increase of 3.78%. While the market still retains the recorded gains, it does seem possible that price action may descend lower going by indications from this market. Storj Statistics: […]
There is a positive spark in sponge market SPONGEUSDT Price Analysis – 01 January If the 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 […]
Sellers are ruling silver’s world SILVER Price Analysis – 01 January If the price is more than $29 and a lot of people are purchasing it, it will attempt to move up into the $30–$31 range. The price of silver may drop and test the $27 and $26 support levels if sellers are able to […]
Price is currently consolidating within $14.0 and $12.0 Uniswap Price Analysis – 01 January If buying pressure returns around $14.0, it may break over resistance levels and hit the $16.3 to $18.0 levels. Sellers might attempt to reevaluate the $10.2 and $9.5 levels if they can break through the $12.0 support level UNI/USD Market Key […]
AUDUSD price may bounce up at present level AUDUSD Price Analysis – 01 January Customers may be able to lower the price to roughly $0.62 or even $0.60 if they are motivated enough to go over the $0.63 barrier. Prices may increase to the $0.65 and $0.66 resistance levels if buyers are able to push […]
Bearish momentum may break down $0.25 barrier TRON Price Analysis – 31 December If the buying trend persists over $0.30, the price of TRON might be able to break through the $0.34 and $0.44 obstacles. If the price stays below $0.25, it might get closer to the $0.22 and $0.21 levels Key Levels: Resistance levels: […]
RLUSD, Ripple’s USD-backed stablecoin, has officially launched in Singapore through the licensed crypto exchange Independent Reserve. This move establishes the platform as the first regulated exchange in Singapore to list RLUSD, offering faster and more cost-effective cross-border transactions. Independent Reserve highlighted RLUSD’s 1:1 peg to the U.S. dollar and its integration with the XRP Ledger […]
