Sushi price has overcome a resistance level at $1.628, showing bullish strength. If the $1.628 level holds, investors can expect SUSHI to kickstart a 70% rally to $2.78. A breakdown of the $1.012 level would invalidate the bullish thesis. Sushi … [Continue reading]
Can Ripple borrow a page from meme coins and trigger 50% rally?
Ripple price sits at a key confluence support level of $0.586, hinting at a potential breakout rally. The structure of XRP’s recent price action is similar to meme coin consolidation, often leading to an explosive surge. A breakdown of the … [Continue reading]
Why a slow descent for Shiba Inu is likely after 355% rally
Shiba Inu price registered a 354% gain between February 27 and March 4 after breaking out of its 652-day consolidation. SHIB has already shed 42% and is currently trading at $0.0000264. Investors can expect the meme coin to drop another … [Continue reading]
Solana Price Prediction: SOL likely to fall another 20% before buyers step in
Solana price has faced intense selling pressure around the $200 psychological level. Technicals hint at another 10% to 20% correction on the cards for SOL. Sidelined buyers could get a buying opportunity on the potential retest of $134. Solana … [Continue reading]
OP, YGG, AGIX: Worth $106 million in liquidity, these are the three cliff token unlocks to watch next week
Optimism, Yield Guild Games, and SingularityNET ecosystem will have massive token unlocks this coming week. OP, YGG, and AGIX token holders should brace for volatility Token unlocks are often bearish catalysts, as traders tend to get caught in exit … [Continue reading]
Shiba Inu price could drop 10% before SHIB becomes attractive again for buyers
Shiba Inu price is testing a critical support due to the ascending trendline SHIB could drop 10% to $0.0.000024 as meme coins continue to damp, save for FLOKI and BOME. A H3 candlestick close above $0.000029 would invalidate the bearish thesis. … [Continue reading]
Bitcoin Price Outlook: How many more stabs at the lows before BTC aims for $70K?
Bitcoin price is forming a falling wedge pattern on the 8-hour time frame amid ongoing profit booking and heightened volatility. JPMorgan anticipates a larger sell-off, saying BTC is still overbought despite the ongoing correction. Halving is out … [Continue reading]
NZD/USD Price Analysis: Bears maintain control, signs of short-term recovery surface
Indicators flash oversold conditions on the daily chart. Contrarily, hourly chart indicators suggest a slow return of bullish impulse as the bears might have run out of steam. In Friday's session, the NZD/USD declined just below the 0.6000 … [Continue reading]
Gold fails to capitalize on falling yields amidst US Dollar rebound
Gold prices see second day of decline, falling to $2,159 after peaking at an all-time high of $2,223. The Federal Reserve's dovish stance on interest rates keeps US yields down, except for US Dollar. Odds for Fed rate cut in June remain above 70% via … [Continue reading]
Forecasting the Coming Week: Markets remain focused on inflation
The Dollar ended its second straight week of gains on the back of the broad-based knee-jerk in US yields across the curve, reclaiming the area beyond the 104.00 barrier and maintaining the risk complex under further pressure. The Fed and the BoE … [Continue reading]