Ethereum ETH) Current StatisticsThe current price: $1,637.40Market Capitalization: $196,857,290,944Trading Volume: $3,112,375,239Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis October 6, 2023The cost of Ethereum (ETH) has dropped to a significant support level above $1,600 as it faces rejection at $1,663. The most valuable altcoin also returned to its […]
Market Analysis- October 7 US Oil (WTI) is under increasing bearish pressure. The US Oil (WTI) market has seen significant bearish momentum dominate its landscape recently. Last week, the bears came roaring back, challenging multiple key levels. They eventually disrupted the bullish trend that had been prevailing for much of September. This October, the bearish […]
BTCUSD Struggles to Rise Beyond $28,000 Bitcoin (BTCUSD) is struggling against a formidable challenge in surmounting the $28,000 resistance threshold. Bitcoin has recently achieved a degree of liberation by breaching the longstanding descending trendline that had constrained it for an extended period. It aims to navigate multiple resistance levels to reclaim its previous pinnacle. BTC/USD […]
Following the significant price surge that occurred in a single session about six trading sessions ago, short traders seemed to have introduced some hindrance to further upside price increases. But when price action tested the Fibonacci Retracement level as support, a considerable upside correction occurred, which brightened the hope of a continued upside retracement. Solana […]
In a recent research report, JPMorgan, the global financial giant, highlighted the growing concerns surrounding Ethereum following its transformative upgrades, The Merge and Shanghai. In September 2022, Ethereum transitioned from its energy-intensive proof-of-work (PoW) consensus mechanism to the energy-efficient proof-of-stake (PoS) system through “The Merge.” This switch allowed users to stake their Ethereum (ETH) and […]
The Canadian dollar remained firm against its U.S. counterpart, buoyed by robust job growth data from both nations for September. Despite this resilience, the loonie was poised to conclude the week with a modest decline due to concerns over rising global bond yields. The Canadian dollar, trading at 1.3767 against the U.S. dollar, displayed resilience […]
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Buyers are in control of the Sponge market SPONGE (SPONGEUSDT) Price Analysis – 06 October Sponge is moving toward the $0.000136 resistance level, which could be broken if the Bulls gain more traction, but a retreat is unavoidable. If the momentum of the Bulls deteriorates, the price may briefly consolidate. Price Level: Resistance Level: $0.000136, […]
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Sellers’ momentum may increase in USDCHF market USDCHF Price Analysis – 06 September In case buyers’ momentum is successful in holding the $0.91 support level, the price may increase past the $0.92 resistance level and toward the $0.93 and $0.94 resistance levels. If sellers apply enough pressure, the $0.91 barrier level can be broken, which […]
Buyers’ pressure will increase soon in BNB market BNBUSD Price Analysis 06 October If buyers can hold the $204.9 support level, the $219.2 resistance level can be broken higher, posing a challenge to the $237.0 and $254.2 resistance levels. If sales expand at the current pace, BNB might drop to its most recent lows of […]
