Share: NZD/USD oscillates in a narrow trading band and is influenced by a combination of factors. A positive risk tone lends some support to the risk-sensitive Kiwi amid subdued USD demand. The fundamental backdrop warrants caution before placing … [Continue reading]
Natural Gas Price Analysis: XNG/USD bears flex muscles near $2.30
Share: Natural Gas price holds lower ground within four-day-old symmetrical triangle. Sustained trading below the key EMAs, downbeat oscillators keep XNG/USD sellers hopeful. Clear break of $2.30 becomes necessary to aim for multi-month low marked … [Continue reading]
EUR/USD Price Analysis: Retreats towards 1.0730 support confluence
Share: EUR/USD eases from intraday high, pares the first daily gain in three. Clear downside break of short-term ascending trend line, steady RSI keeps sellers hopeful. Convergence of 50-DMA, 10-DMA challenges Euro bears amid bullish MACD … [Continue reading]
AUD/USD Price Analysis: Bears ready to pounce while front side of trend
Share: AUD/USD is on the front side of the bear trend, potentially leading to a bearish start to the week. AUD/USD bears lurking below the Fibo scale. As per the prior analysis, AUD/USD Price Analysis: Bears in the market, … [Continue reading]
Ripple price to close the week with a bang as next week will be crucial for another 20% profit
Share: Ripple price is breaking out and is making big waves against the Top 2 cryptocurrencies. XRP is catching up with Ethereum and Bitcoin in a strong performance this week. If bulls can keep the fade from not growing any bigger, bulls are in for … [Continue reading]
Is the new partnering-up strategy the right way for Vechain price to avoid a 30% correction?
Share: Vechain price undergoes firm rejection on the topside this week. VET set to tank as bears took over from bulls last week. With several new partner announcements and team-ups, VET tries to change and find synergies. Vechain (VET) price had a … [Continue reading]
Terra LUNA Classic to say goodbye to $0.00010000 as stablecoins are under pressure again with a 35% shrink
Share: Terra LUNA Classic price tanks and closes the week at a loss. LUNC sees hopes for a longer-term evaporate just at the time USDC was able to repeg itself. WIth the breakdown in correlations, stablecoins could be getting hurt again with a 35% … [Continue reading]
Reserve Rights back pegging its eUSD and become fully collateralized, but will it last for long?
Share: Reverse Rights price should be seen higher towards $0.0055. RSR takes a step back and heads back to lower as bears buck the trend. Bulls are set to come in and defend at $0.0035 as the US dollar has strengthened again on Friday. Reserve … [Continue reading]
Ontology Price Prediction: ONT to slide 20% lower as big brother NEO is unable to eke out a weekly gain
Share: Terra LUNA Classic price tanks and closes the week at a loss. LUNC sees hopes for a longer-term evaporate just at the time USDC was able to repeg itself. With the breakdown in correlations, stablecoins could be getting hurt again with a 35% … [Continue reading]
Top Weekly Gainers And Losers: Arbitrum token launch led the crypto market’s bearish week
Share: XRP and Litecoin price emerged as the only few top cryptocurrencies to note any gains over the last week. Arbitrum launched its ARB token this week and became the biggest loser as holders ran to sell their airdrop. Optimism took a hit as … [Continue reading]