FTT price noted a major downtick in 24 hours as speculation surrounding the token intensified. Binance’s head CZ attacked the company on Sunday, claiming the exchange would liquidate all remaining FTT in its holdings. Sam Bankman Fried reassured … [Continue reading]
USDCHF falls to weekly lows under 0.9900
US dollar remains weak after NFP, ahead of CPI. USDCHF extends its slide after finding resistance again at 1.0150. Next critical support is seen around 0.9850. The USDCHF is falling on Monday for the second day in a row and it dropped to 0.9874, … [Continue reading]
USD Index Price Analysis: Next on the downside comes 109.50
DXY extends the pessimism at the beginning of the week. The next support of note comes at the 109.50 region. DXY drops to multi-day lows and revisits the 110.30 zone amidst further improvement in the sentiment around the risk complex on … [Continue reading]
German Industrial Production rebounds 0.6% MoM in September vs. -0.8% expected
Industrial Production in Germany unexpectedly increased in September, the official data showed on Monday, suggesting that the manufacturing sector is moving out of the woods. Eurozone’s economic powerhouse’s Industrial Output jumped by 0.6% MoM, the … [Continue reading]
Bitcoin Price Prediction: BTC’s next stop is $22,000 if…
Bitcoin price retests the $20,970 support level, hinting at a reset before the next leg. If the existing support structure holds, investors can expect BTC to trigger a run-up beyond $22,000. A daily candlestick close below $20,742 will invalidate … [Continue reading]
Terra’s LUNA price back on the drawing board after snapping out of a 13% bullish breakout
LUNA price seeks support at a confluence level created by the 50-day EMA and the 100-day EMA. Terra’s LUNA price is in grave danger of dropping to retest $2.30. Bulls could resume the 13% double-bottom breakout to $2.88 if LUNA reclaims the neckline … [Continue reading]
Shiba Inu Price Prediction: Profit taking could drag SHIB price 15% down
Shiba Inu price is moving sideways within a rectangle pattern. SHIB holders consider booking early profits, citing massive resistance at $0.00001303 Holding above the 50-day EMA could invalidate the pessimistic outlook for SHIB price. Shiba Inu … [Continue reading]
Terra Classic Price Prediction: Bulls pump LUNC price to $0.000280
Terra’s Luna Classic price is up by over 12% after brushing shoulders with $0.000280. LUNC’s immediate support at $0.000250 is essential for the next move that could see it top $0.000300. Resistance at the 200-day SMA could invalidate the bullish … [Continue reading]
Ethereum bulls come out to play while ETH price considers another 15% climb
Ethereum price is deliberating another 15% spike as part of a 39% falling wedge pattern breakout. Attackers of the Deribit hot wallet transferred 210 ETHs, according to transaction records on Etherscan. As support behind Ethereum steadies, weakening … [Continue reading]
Dogecoin Price: Is shorting DOGE profitable while active addresses soar
Dogecoin price retraces after running into immense overhead pressure at $0.1600. This intensifying overhead pressure might curtail DOGE’s anticipated move to $1.0000. Positive pressure behind Dogecoin’s rally will likely sabotage calls for a … [Continue reading]