Bitcoin (BTCUSD) Buyers Seek Stronger Purge Bitcoin buyers remain steadfast as they drive the market closer to the $92,500 key level. This week’s trading activity reflects continued bullish momentum, with the cryptocurrency maintaining its upward trajectory following a decisive break above the $75,000 level. Despite minor pullbacks, the bullish outlook suggests confidence in further price […]
Market Analysis – November 21 USOil price movement remains constrained within a clearly defined range, reflecting ongoing market indecision. After testing the demand level in September, the commodity has not established a definitive breakout. The price continues to fluctuate between significant levels, presenting both challenges and opportunities for traders. USOil Key Levels Demand Levels: 67.970, […]
Market Analysis – November 21, 2024 Gold rallied to 2780.0 before encountering signs of exhaustion. A bearish reversal has since taken hold, signified by a break of the bullish trendline and a shift in market structure. The recent price increase appears to be a corrective move within the newly established bearish trend. Gold Key Levels […]
Market Analysis – November 20, 2024 The FTSE 100 has solidified its bearish trajectory after breaking below the minor support level at 8200.0 and the critical support level at 8145.0. Following this significant plunge, the price has retraced to the broken zone, signaling a retest of the former support level, now acting as resistance. FTSE […]
The Stellar token has seen a price increase of over 11% in today’s trading activity. This token began experiencing a surge in bullish activity on November 10th, pushing the market through multiple resistance price levels. Currently, upside forces are still very much in control and may keep the market on its current upward trajectory. XLM […]
Ethereum (ETH) Current Statistics The current price: $3,388.20Market Capitalization: 407,931,434,845.83Trading Volume: 52,153,966,151.34Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis November 22, 2024 Ethereum’s (ETH) price regains upward momentum but continues to vary. Today, the largest altcoin is testing the $3,400 resistance zone. The bulls had already retested the […]
Key Highlights Litecoin restarts its rallyThe crypto asset targets the $100 high Litecoin (LTC) Current Statistics The current price: $89.41Market Capitalization: $6,725,658,870.77Trading Volume: $1,281,816,781.62Major supply zones: $100, $120, $140Major demand zones: $80, $60, $40 Litecoin (LTC) Price Analysis November 22, 2024 Litecoin (LTC) price has regained a bullish trend as bulls breach the overhead resistance […]
Market Analysis – November 21 The EURCHF pair has confirmed a breakout beneath a symmetrical triangle pattern on the daily chart. This pattern had been forming due to a series of lower highs and equal lows, with the 0.93340 demand level acting as a strong support zone. The recent price action decisively breached this support, […]
By supporting Drex, the second phase of Brazil’s central bank digital currency (CBDC) project, Chainlink bolsters its argument for bullish growth. Improving supply chain procedures and expediting cross-border agricultural trade are the main goals of this phase. To facilitate secure and effective blockchain-based transactions, the project makes use of Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Among […]
