China’s southern metropolis of Guangzhou has been locked down for five days. The city of 19 million has become the epicenter of China’s latest Covid outbreak and is the worst since the start of the pandemic to have hit Guangzhou. The city is the … [Continue reading]
AUDUSD Price Analysis: Bears eye a breakout to the downside for the opening sessions
AUDUSD's weekly rejection has been in play with 0.6500 eyed. Bears seek a break below 0.6670 and 0.6650 for the opening sessions. AUDUSD was pressured at the end of last week with the US Dollar gaining slightly making its largest weekly … [Continue reading]
XRP is a beacon of light in the crypto winter and could be proven an outlier next week
Ripple price action trades in a tight range against last week's volatile session. XRP could be seen rallying if more investors cherry-pick the cryptocurrency. Traders try to stay in their positions to avoid falling below key hurdles. Ripple … [Continue reading]
Ethereum price is unable to trade away from the lows as traders got a harsh reminder
Ethereum price is trading nearly flat, with price action very muted this week. ETH price sees traders doubt what to do next as the stream of headlines is hard to follow. Expect to see traders await for calm moments to place their trades and ramp up … [Continue reading]
Bitcoin price sees US dollar weakness being squared by a dented trust in crypto’s
Bitcoin price tries to squeeze out minor gains after the knock-out drop from last week. BTC price sees bulls unable to bank on the weaker US dollar effect. Expect an undecided close on Sunday, as traders need more time to grasp what happened with the … [Continue reading]
Terra Classic price sees traders gear up for another bearish outcome
Terra Classic price is unable to rebound after the 25% decline from last week. LUNC cannot jump back up as an important floor keeps attracting traders. Expect a possible premature completion of the bearish triangle with LUNC set to shed another 70% … [Continue reading]
Dogecoin price is trying to recover from its wounds from last week
Dogecoin price tries to keep the ground above the crucial technical area. DOGE could go either way, depending on the market sentiment for the coming weeks. Expect to see price action underpinned around $0.0700. Dogecoin (DOGE) price is recovering … [Continue reading]
Shiba Inu price is on the cusp of printing its worst performance for this year
Shiba Inu price is nearly set to close out its worst week of 2022. SHIB price is seeing cash drains as investors are turning away again from the asset class. It remains to be seen if the weekend can bring a turnaround, as the incurred losses are too … [Continue reading]
Why the Uniswap price could be a token whales are still interested in hodling
Uniswap price is down by 25% on the month. On-chain metrics show the largest amount of withdrawals from all exchanges this year occurred on November 13 Invalidation of the bullish thesis remains a breach below $4.60 Uniswap price shows optimistic … [Continue reading]
Here’s how Russia’s bill to legalize crypto mining could influence Bitcoin price
New Russian bill seeks to legalize crypto mining, sales under a new “experimental legal regime.” A bill was introduced into the Russian State Duma on November 17, seeking to legalize mining and the sale of mined cryptocurrency. Anatoly Aksakov, … [Continue reading]