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Bitcoin Dives to Find Support

Bitcoin Dives to Find Support

Market Analysis – April 21 Bitcoin retraced to gain momentum for an ascent to break the 24826.0 resistance level. The failure to push through the major level was revealed with the double top that formed in February. Currently, the buyers have opted for a pullback once again to gain bullish momentum for an ascent. Bitcoin […]

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USDCAD Retest Fails to Hold

USDCAD Retest Fails to Hold

Market Analysis – April 20 The USDCAD market experienced a bullish breakout in February. A retracement followed to establish a retest upon the breakout. After a bounce off the previous resistance trendline, the price fell below the confluence zone. USDCAD Key Levels Demand Levels: 1.3180, 1.2980, 1.2820 Supply Levels: 1.3520, 1.3690, 1.3880 USDCAD Long-term Trend: […]

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Ethereum Holds above ,900 Support as It Starts a New Upward Trend

Ethereum Holds above $1,900 Support as It Starts a New Upward Trend

Ethereum ETH) Current StatisticsThe current price: $1,939.57Market Capitalization: $233,880,203,088Trading Volume: $12,329,349,203Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis April 20, 2023Ethereum’s (ETH) price falls beyond the psychologically important $2,000 mark as it starts a new upward trend. The 21-day SMA stopped Ether’s further slide. At the time of […]

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Shiba Inu Investors Remain Optimistic Amidst the Ongoing Decline of SHIB

Shiba Inu Investors Remain Optimistic Amidst the Ongoing Decline of SHIB

Shiba Inu investors remain optimistic as the number of interacting wallet addresses increases while Shibarium prepares to burn 500 SHIB. PuppyScan reports that over the previous few days, there have been an additional 2 million interacting wallet addresses. Investors’ confidence has increased as a result of the rise in the number of interacting wallet addresses, […]

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Ethereum Staking Withdrawals Post-Shanghai Upgrade: Less Than 5% So Far

Ethereum Staking Withdrawals Post-Shanghai Upgrade: Less Than 5% So Far

Ethereum’s highly anticipated Shanghai upgrade on April 12 has left many stakers eagerly waiting to withdraw their staked Ethereum. However, a recent analysis by CoinShares suggests that the expected wave of withdrawals has not occurred, at least not yet. According to the analysis, less than 5% of validators have withdrawn their stakes in Ethereum since […]

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Euro Stages Comeback Against US Dollar, Breaks Key Barrier

EUR/USD: The Battle of the Currencies

It’s a tale as old as time: the euro and the U.S. dollar (EUR/USD) battling it out for currency supremacy. And in recent days, it seems the euro has gained the upper hand, as the pair rebounded on Thursday after a subdued performance in the previous session. While gains were limited, the euro managed to […]

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