Taiwanese President Tsai Ing-Wen said on Monday that “the status quo of peace and stability in the Taiwan Strait has been threatened by China's expansion of its military intimidations, diplomatic pressure, trade restrictions, and attempts to … [Continue reading]
Gold Price Forecast: XAU/USD rebounds to $1,700 with eyes on US inflation, Fed Minutes
Gold price struggles to keep pullback from the monthly high, rebounds from short-term key supports. Hawkish Fed bets, geopolitical concerns underpinned the US dollar’s demand. Firmer US jobs report, mixed concerns in the EU add strength to the USD … [Continue reading]
Solana launches the Mesh program for DAOs as SOL price foreshadows a 12% climb
Solana price needs to close the distance to $33.34 ahead of a potential rising triangle breakout. Solana announces Mesh; a new program specifically built for DAOs and institutions. Solana price is assessing the possibility of a bullish breakout to … [Continue reading]
Ethereum price could validate a 12% selloff before relief rally
Ethereum price is grinding toward a potential symmetrical triangle breakout. Hope for a bullish breakout from the triangle may be snuffed out by intense seller congestion at $1,334. Ethereum price relief rally is at the mercy of investors holding … [Continue reading]
Polkadot’s new roadmap is the lifeline of a potential DOT price rally
DOT price is ready for a 180 degrees turnaround to $6.50 and $8.00. Polkadot's founder, asynchronous rob, releases a new roadmap for the ecosystem's fourth quarter in 2022. Scalability tops Polkadot's priority list, especially from the developers' … [Continue reading]
Binance to spend $1 billion on acquisitions in 2022 as BNB price bleeds
Binance Coin price slides further below $300 after a $570 million hack attack. Changpeng Zhao, the Binance exchange CEO, says that the firm may spend $1 billion on new acquisitions and investments. BNB price breaks out of a rising wedge pattern; … [Continue reading]
Why the XRP price rally is unstoppable – forecasting a 40% bullish move
XRP price rallies 53.40% in 30 days as Ripple inches closer to winning the lawsuit against the SEC. A cup and handle pattern on the daily chart could propel XRP price to $0.70 if confirmed. Failure to close the day above $0.50 might invalidate the … [Continue reading]
ADA price bullish breakout on the horizon as Cardano Foundation lands in Las Vegas
Cardano price prepares for a falling wedge pattern breakout. The Cardano Foundation is in Las Vegas this weekend for the Web3 expo. Low trading volumes could invalidate ADA price's impending move to $0.47. Cardano price appears stuck in a downtrend … [Continue reading]
Assessing prospects of a Bitcoin price rally amid institutional investors’ comeback
Bitcoin price navigates its way through a choppy market. Institutional investors return to the crypto market as retail traders step back. Whales erect walls preventing Bitcoin price from sustaining an uptrend. Bitcoin price is back below $20,000 … [Continue reading]
China Caixin Services PMI: 49.3 (September) vs previous 55
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]