Australian Dollar gains ground on encouraging Chinese PMI data. RBA Meeting Minutes will be awaited to be released on Tuesday. Chinese Manufacturing PMI came in at 51.1, against the expected 51.0 and 50.9 prior. US Dollar faces challenges after … [Continue reading]
Ethereum’s short-term range forecasts $4,000 but with a warning for eager ETH bulls
Ethereum price trades inside the $3,054 to $4,095 range on the four-hour chart. A sweep of the sell-side liquidity seems likely before ETH attempts to move $4,000. In some cases, ETH could sweep the rang high at $4,095. Ethereum (ETH) price looks … [Continue reading]
Decentraland price consolidation could lead to a breakout rally beyond $1
Decentraland price has formed an Adam and Eve setup on the weekly chart. A decisive breakout from the neckline at $0.788 forecasts a 64% upswing to $1.292. A weekly candlestick close below $0.542 will invalidate the bullish thesis for MANA. … [Continue reading]
Polygon price needs to reset before MATIC bulls can trigger 60% upswing
Polygon price continues to hover around the $0.941 level for nearly two years. MATIC could drop 25%, allowing sidelined buyers to accumulate around $0.762. A bounce here could trigger the Layer 2 token to rally 60% to $1.568. A weekly … [Continue reading]
Stellar Price Forecast: XLM to shoot 60% if it clears this key resistance level
Stellar price has underperformed when compared to other altcoins as it trades around $0.139. A flip of the weekly level at $0.142 could trigger a 60% move to $0.229. A breakdown of the $0.107 support level will invalidate the bullish … [Continue reading]
China NBS Manufacturing PMI came in at 50.8, above forecasts (49.9) in March
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Enjin Coin Price Forecast: ENJ could trigger 20% correction if this key level fails
Enjin Coin price shows that its 90% uptrend after a late February breakout is under threat. Failure from ENJ bulls to make a comeback could lead to a 20% correction to $0.386. A decisive flip of the $0.696 resistance level into a support floor will … [Continue reading]
Litecoin’s $200 dream might need to take a backseat
Litecoin price tackles the declining trend line for the third time in nearly two years. A breakdown of the $100 psychological level could lead to a correction to $90 or lower levels. A breakout above the declining trend line could trigger a move of … [Continue reading]
SingularityNET price eyes 10% correction in the best-case scenario as sell signals emerge
SingularityNET price trades inside the $0.90 to $1.47 range. A correction is plausible, considering the bearish divergence sell signal on the daily chart. Investors can expect AGIX to sweep the $0.90 level in a worst-case scenario. … [Continue reading]
Avalanche price might need to drop 5% to 10% before AVAX bulls eye retest of $80
Avalanche price shows signs of exhaustion as it approaches the $51 to $56 resistance zone. The bearish divergence developed on the weekly chart forecasts a potential correction. The immediate imbalance, extending from $45 to $50, is a good level for … [Continue reading]