Share: USD/JPY hovers around 149.65 ahead of the key events from the US and Japan. Core US PCE eased to 3.7% YoY in September vs. 3.8% prior, the monthly Core PCE rose by 0.3% vs. 0.1% prior. Analysts anticipate the Bank of Japan (BoJ) is nearing … [Continue reading]
Australian Dollar continues the winning streak amid stronger Retail Sales
Share: Australian Dollar strengthened due to the subdued US Dollar. Australia’s Retail Sales increased to 0.9%, significantly higher than the market consensus of 0.3%. US Dollar encountered a challenge after a moderate Core PCE Price Index … [Continue reading]
Ethereum Price Prediction: ETH needs to hold these key levels to revisit $2,000
Share: Ethereum price has seen a near-15% ascent in the last since October 22. Despite the recent rally, ETH needs to hold above the $1,727 and $1,650 barriers to move higher. A daily candlestick close below $1,650 will invalidate the bullish … [Continue reading]
Shiba Inu Price Forecast: SHIB could rally 10%
Share: Shiba Inu price is colling down and is likely to continue its ascent. SHIB hints at a 10% rally to tag the bearish breaker’s lower limit at $0.00000871. A daily candlestick close below $0.00000752 will invalidate the bullish thesis. … [Continue reading]
Litecoin Price Forecast: LTC hints at a 15% correction if these key conditions are met
Share: Litecoin price suggests a potential 15% correction after the sweep of the $70.69 range high. Depending on the 12-hour RSI’s encounter with the mean level of 50 LTC could either rally or slide lower. Invalidation of the bearish outlook … [Continue reading]
Dogecoin Price Prediction: DOGE edges closer to 40% breakout rally
Share: Dogecoin price has set up a falling wedge pattern on the weekly time frame. A breakout from this technical formation forecasts a 40% rally to $0.0952. A weekly candlestick close below the $0.0593 support level will invalidate the … [Continue reading]
Solana Price Forecast: SOL holders need to exercise patience to capitalize on 40% rally
Share: Solana price uptrend is contingent on two key support levels of $26.41 and $28.80. A bounce off this level could send SOL toward $38.84 and $48.24 hurdles. A breakdown of $26.41 could crash the altcoin by nearly 20% to $21.28. Solana … [Continue reading]
Polkadot Price Forecast: A correction or second coming for DOT holders?
Share: Polkadot price rallied nearly 22% last week and set up a local top at $4.45. DOT is likely to retrace to the $3.98 support level and consolidate here before making its next move. The resulting bounce is likely going to push the altcoin … [Continue reading]
XRP price likely to crash by 12%, suggests Ripple Whales activity
Share: XRP price cleared $0.500 and $0.540 hurdles as it rallied 20% between October 19 and 24. The uptrend cleared buy-side liquidity, which is likely to result in a trend reversal. A spike in whale transactions at this local top formation … [Continue reading]
Floki staking program TVL hits $27 million in four hours but users complain of CEXes creating honeypots
Share: Floki network premiered TokenFi, a crypto and asset tokenization platform for its staking program. Barely four hours post launch, the TVL for the staking program hit $27.2 million, indicating total amount of staked FLOKI. Investors looking … [Continue reading]