Share: Dogecoin demand wall at $0.075 held steady despite the FUD from Silvergate bank, 44,000 addresses bought 34.4 billion DOGE. As Dogecoin gained traction, the meme coin continued to climb above key support level at $0.075. DOGE … [Continue reading]
Binance accused of intellectual theft by a South Korean firm, what to expect from BNB?
Share: Binance has been accused of stealing South Korean community platform Steemhunt’s AI-based NFT product. A Steemhunt representative claimed that Binance’s Bicasso is similar to their Chatcasso, the similarity in features and names could … [Continue reading]
Will Chainlink price rally survive the 6.1 million LINK token unlock and rising whale activity?
Share: Chainlink worth $42.3 million was unlocked from the non circulating supply contract to Binance earlier today. LINK price sustained its uptrend during the last two token unlocks in August and November 2022. Chainlink witnessed … [Continue reading]
What to expect from Bitcoin after the big BTC price drop and massive spike in social dominance
Share: Bitcoin price nosedived 5.2% within an hour, dropping from $23,435 to $22,259, but traders didn’t show serious concern until 12 hours later. Bitcoin’s social dominance hit a two-week high, as BTC price discussions started skyrocketing … [Continue reading]
Terra Luna Classic Price Prediction: Capitulation followed by a rebound?
Share: Luna Classic price wipes nine weeks of liquidity during the recent 25% downswing. LUNC could retest the range high near $0.000019500. Invalidation of the countertrend idea would come from a breach of the daily low at $0.000012956. Luna … [Continue reading]
As Ethereum supply on exchanges falls to a five-year low, are investors moving away from selling?
Share: In the last three years, almost 16% of all ETH supply has moved into self-custody wallets. Large wallet holders have also pulled back on investment in the last few months, which has been taken over by smaller wallet holders. Ethereum price, … [Continue reading]
Hedera Hashgraph Price Prediction: Nine days of consecutive decline has investors weary
Share: Hedera Hashgraph price has been trending downwards for nine consecutive days. The decline may continue toward the $0.053 zone. A break above the $0.069 high could invalidate the bearish potential. Hedera Hashgraph price is undergoing a … [Continue reading]
EUR/USD regained 1.0600, extending its gains due to a soft US Dollar
Share: EUR/USD to finish the week above 1.0600 after hitting a weekly low of 1.0533. A risk-on impulse and falling UST bond yields are a headwind for the US Dollar. US ISM Non-Manufacturing data showed the US economy remains resilient. EUR/USD … [Continue reading]
AUD/USD consolidates at around 0.6740 for the week, with traders eyeing Fed speeches
Share: AUD/USD is set to finish the week with solid gains of 0.28%. The US ISM Services PMI was a tick lower than the previous month’s data, signaling the US economy is solid. AUD/USD traders eye Federal Reserve speeches throughout the day. The … [Continue reading]
Australia: RBA expected to hike rates next week – UOB
Share: Lee Sue Ann, Economist at UOB Group, sees the RBA raising the OCR by 25 bps at the March 7 meeting. Key Takeaways “The RBA has stated that its priority is to return inflation to target, and that further increases in interest rates will be … [Continue reading]