XAUUSD Analysis – March 9 XAUUSD respects its rising trendline on its way to higher price levels. The market is finally showing up after an underwhelming 2022 in which the price decreased drastically, dropping more than 20%. However, from the support level of $1621.480, by the end of 2022 into 2023, the buyer received the […]
Ethereum ETH) Current StatisticsThe current price: $1,429.87Market Capitalization: $174,882,732,176Trading Volume: $10,188,490,133Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $1,500, $1,000 Ethereum (ETH) Price Analysis March 10, 2023 The price of Ethereum (ETH) is falling below the moving average lines as it aims for the breakout level of $1,352. The coin has dropped below the […]
Market Analysis – March 8 USDCAD has violated the bearish trendline on the daily chart. The market direction has changed to bullish. The buyers are flexing their muscles after a long period of continuous price decline. USDCAD Key Levels Support Levels: 1.3520, 1.3280, 1.2980 Resistance Levels: 1.3880, 1.4000, 1.4100 USDCAD Long-term Trend: Bullish USDCAD Buyers […]
Investor trust has increased as a result of Binance’s growing satisfaction with its reserve of SHIB tokens. The enormous quantity of cryptocurrency assets in Binance’s reserve, of which the SHIB token makes up a sizable portion, were made public. If all SHIB holders on the exchange made withdrawal requests at once, there would be more […]
The cryptocurrency world has been shaken to its core with the news of Silvergate Bank’s announcement of liquidation. Once renowned as the go-to bank for cryptocurrency in the US, Silvergate had earned its stripes as a lender to crypto companies, including the now-collapsed FTX platform. However, the ripple effects of FTX’s downfall have now taken […]
The Turkish lira just can’t seem to catch a break! The currency hit yet another record low against the dollar, trading at 18.9620 on Thursday. The recent massive earthquakes and the upcoming presidential and parliamentary elections scheduled for May 14 are weighing heavily on investors’ minds. With the election fast approaching, Turkey must choose whether […]
CBDCs are digital currencies that apex banks regulate. They are in two forms: retail and wholesale. The former are usually offered to the public, whereas the latter is meant for interbank transfers. CBDC structures can be tokenized or account-based. Token-based systems utilize personal codes to claim ownership of them, while account-based systems require middlemen to […]
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Since about three trading sessions ago, bulls have been dominating in the Dash 2 Trade market. At this point, price action has extended its upside traction for the fourth consecutive trading session. Even now, it appears as if price action has arrived at a strong support level from which it can advance towards higher price […]
The Hedra Hashgraph market as of today has only posted minimal gains. Yet, this crypto has made it to the second spot on the crypto daily movers list. HBAR has experienced just a 1.44% increase in price and now values at $0.6100. Let’s see if more can be expected from this market. HBAR Analysis Data: […]
