NAS100 Analysis – March 19 NAS100 keeps growing stronger after its breakout from its bullish reversal structure. The market had to endure the drop in price after it hit a stumbling block at 12884.0. An exhausted buying base lost its balance, and afterward, we saw the market tumbling downward in a channel better described as […]
GBPUSD Analysis – March 20 GBPUSD executes a retest and is gunning for higher heights. The market has had its upward movement blocked at 1.24480. The price then goes into a ranging phase with 1.22640 as the demand level. By early February, the sellers have grown stronger, and they take advantage to plunge the currency […]
Bitcoin has experienced several bear markets in its history, and we are currently in the midst of the crypto industry’s fifth bear market. Investing in technology can be tricky for several reasons. One of which is that the technology industry is famously volatile. Let’s take a look back at past crypto winters and the lessons […]
DeFi, short for “decentralized finance,” is a movement that aims to create a more open, transparent, inclusive, and efficient financial system using blockchain technology. DeFi is the blockchain industry’s biggest trend, and many believe that it will surpass traditional finance. And the numbers back it up—in January 2020, the total value locked (TVL) in DeFi […]
Buyers are dominating S&P 500 market S&P 500 Price Analysis – 21 March The S&P 500 might break through the $3927 support level if selling pressure increases, and more selling could push the price down to the $3806 and $3740 levels. If the $3927 support level is maintained, the price may reverse and rise in […]
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Today, the BNT/USD price has increased by 2.49%. At this point, price action seems to have resumed its upside rally, which started on February 12. Currently, price action seems to be eyeing the resistance level of $0.6000. Let us examine the chances of this level being broken. Bancor Analysis Data: BNT value now: $0.5826 BNT […]
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Buyers may dominate Cardano market ADA Price Analysis – 21 March When sellers are successful in holding the $0.35 resistance level, the price could fall below $0.33, $0.31, and $0.29 levels. In case the resistance level of $0.35 is broken upward, at times $0.37 and $0.38 may be tested. However, sellers may grow more enthused. […]
Buyers in the Dash 2 Trade market seem to have effectively resisted the bears, pushing the price back above the $0.02700 price mark. Meanwhile, trading indicators are still pointing out that the price may still move higher in the coming sessions. Let us take a closer look at price movement in this market. Dash 2 […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair has fallen below the moving average lines as it encounters resistance at level 141.00. The Yen hit a low of 140.64 as of the time of writing. The selling pressure will intensify as soon as the price […]
