Share: Chainlink price rallied 25% between September 11 and 23 to create a local top at $7.235. The rally that originated due to the bullish divergence is at an end and hints at a reversal. Investors can expect LINK bears to trigger an 8% … [Continue reading]
Binance Coin Price Forecast: BNB needs to retrace before a bullish breakout
Share: Binance Coin price is traversing a falling wedge pattern on the daily chart. BNB is likely to retrace to $202.64 before triggering a breakout to $231.23. Invalidation of the bullish outlook will occur on the breakdown of the $202.64 … [Continue reading]
Solana Price Forecast: SOL can rally 14% if RSI can reclaim this level
Share: Solana price has been struggling to overcome the $20.25 resistance level for nearly three weeks. The AO indicator shows bullish development but needs RSI’s recovery above 50 so SOL can kick start its rally. Investors can expect the altcoin … [Continue reading]
Cardano Price Prediction: ADA could explode 25% due to this divergence setup
Share: Cardano price sets up a bullish divergence setup on the daily chart. The resolution of this formation could result in a 25% ascent to $0.306. Invalidation of the bullish thesis will occur if ADA produces a lower low below $0.231. Cardano … [Continue reading]
Shiba Inu price fall likely as bearishness rains down on SHIB holders, bringing losses to June high
Share: Shiba Inu price has been moving sideways for the past ten days, right above the critical support line of $0.00000699. The lack of incentive to conduct transactions on-chain has left the network losing traction as the formation of new … [Continue reading]
LINK whale accumulation provides Chainlink price with a much-needed 21% boost
Share: Chainlink price has recovered from under $6.0 to trade at $7.0 at the time of writing in the span of ten days. Whale wallets have noted a spike in LINK balance along with a dip in the supply on exchanges, suggesting receding selling … [Continue reading]
Coinbase, along with Crypto.com, attempted to acquire FTX twice since the bankruptcy
Share: Coinbase, Crypto.com and crypto firm Trek Labs each tried their best to acquire the European branch of FTX. Coinbase failed twice in doing so, with the most recent attempt being this month. Since FTX Europe’s derivative business operated … [Continue reading]
EUR/GBP ends the week knocking on the ceiling near 0.87
Share: The EUR/GBP made a late-week break for the 0.87 handle. The Pound Sterling continues to give up ground after a dovish BoE shrank from rate hikes, EU PMI figures came in mixed, keeping Euro gains restrained. The EUR/GBP stretched for the … [Continue reading]
AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields
Share: AUD/USD is up 0.51%, benefiting from the overall weakness of US Dollar. Despite hawkish remarks from various Fed officials, the US Dollar remains subdued, with the DXY showing modest gains at 105.55. Solid PMIs in Australia and … [Continue reading]
United States S&P Global Services PMI came in at 50.2 below forecasts (50.6) in September
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]