Market Analysis – May 8 In retrospect, the US 100 index transitioned into a bullish trajectory back in November. This upward momentum was substantiated by the breach of short-term Moving Averages (Periods 30 and 50) and long-term Moving Averages (Periods 100 and 128). Throughout this period, the short-term Moving Averages acted as a steadfast support, […]
Dogecoin (DOGE) Price Long-term Prediction: BearishThe Dogecoin (DOGE) price has fallen below the moving average lines as it faces rejection at $0.17. On May 1, the bears plunged the altcoin to a low of $0.12, prompting bulls to buy the dips. The bullish momentum broke above the moving average lines, but it was stopped at […]
The Rocket Pool token has landed in the second spot on the top crypto-movers list. This token has experienced a price increase of just 3.07%. Meanwhile, the price chart for this token shows that more traction may be gained in the market, with more movement expected. RPL Statistics: Current Rocket Pool Value: $21.11 RPL Market Cap: $437,926,412 Rocket Pool […]
Market Analysis – May 8 AUDJPY witnessed a sudden price decline subsequent to reaching the resistance level of 105.00. The presence of a wick on the candle’s body, extending into the supply zone, signified sensitivity and rejection. Subsequently, the market experienced a dip to 100.0, where the price found support, thereby reaffirming its bullish stance. […]
In a bid to bolster tax compliance, the Australian Taxation Office (ATO) has set its sights on the burgeoning cryptocurrency market. The ATO recently announced plans to gather personal and transaction data from approximately 1.2 million users of cryptocurrency exchanges, aiming to identify individuals who may have evaded their tax obligations related to crypto trades. […]
SPONGEUSDT market under bulls control SPONGEUSDT Price Analysis – 07 May If the bulls can break above the $0.000358 resistance level, Sponge might increase as far as $0.000400 and $0.000455, respectively. If the bulls are unable to hold onto their gains and break above the $0.000358 mark, the price of the cryptocurrency may suffer a […]
EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has risen above the moving average lines as it recovers above level 165.57. During the last price activity, the Yen was in an uptrend and soared to a level of 171.58. The currency pair fell […]
Quant Price Forecast: May 5 The Quant price forecast is for more periods of consolidation in the market before the buyers gain momentum for a breakout. Quant Long-Term Trend: Bullish (1-day Chart) Key Levels: Zones of supply: $117.60, $142.10 Zones of Demand: $95.80, $87.60 Quant was plunged into a consolidation zone between key levels. The […]
WIF’s explosive growth triggers a bullish frenzy among investors. Investors are thrilled by dogwifhat’s (WIF) impressive ascent in the Solana ecosystem. Since its November 20th, 2023, debut, WIF has skyrocketed by nearly 3,000%, outshining memecoins like Shiba Inu and Pepe Coin. With a current valuation of $2.107 billion and 998,920,173 WIF tokens circulating, WIF’s future […]
