Bitcoin price eyes bullish move to $25,224, but first, it must conffirm a daily candlestick close above the 100-day EMA. Support between $20,156 and $20,763 adds credence to the bullish outlook in BTC price. Bitcoin price requires a continued … [Continue reading]
MATIC price might be headed towards correction after skyrocketing by 30%
MATIC price noted a steady incline during October, bringing the coin close to $1 and shooting past it on Friday. MATIC could see some red candles over the next few days to allow the market to cool down. Investors holding MATIC might begin booking … [Continue reading]
Uniswap Price Prediction: A serious rally could be underway
Uniswap price witnessed a 200% rally from June through August The bulls have produced an uptrend move after bouncing from a key Fibonacci level. Invalidation of the bullish thesis is a breach below $4.60 Uni swap could be in the beginning stages of … [Continue reading]
Elrond transforms into MultiversX to open Metaverse to the world
Elrond announced its transition into a Metaverse focus platform, launching three new products. Despite the rebranding, Elrond will continue to be the native token of MultiversX. Elrond's price is making a gradual incline toward its next major … [Continue reading]
Cardano price targets $0.45 based on these on-chain metrics
Cardano price rallied 10% on Friday after consolidating throughout the week. ADA shows several continuation of trend signals. Invalidation of the bearish trend is a breach below $0.3975. Cardano price has shown strong technicals during the first … [Continue reading]
GBPUSD appreciates further and reaches session highs near 1.1400
The pound rallies 1.9% on the day to close the week near 1.1400. US unemployment and wage inflation data hit the dollar. The pound has shrugged off post-BoE's bearish pressure. The pound has continued appreciating during Friday’s US afternoon … [Continue reading]
GBPUSD appreciates further and tests levels beyond 1.1300
The pound trims losses after a four-day sell-off; tests levels past 1.1300. A mixed US NFP report send the dollar tumbling. GBPUSD is expected to depreciate further in the near-term – UOB. The pound is closing the week on a strong note, … [Continue reading]
GBPUSD to retest 1.10 over the next few days – ING
The Bank of England (BoE) hiked by 75 basis points but several details leaned in a dovish direction triggering a substantial fall in the Pound (-1.5% vs USD). Economists at ING expect GBPUSD to retest the 1.10 level. A very dovish hike “While the BoE … [Continue reading]
Gold Price Forecast: XAUUSD eyes $1,662 hurdle amid pre-NFP rebound – Confluence Detector
Gold price remains on the front foot, printing the biggest daily gains in two weeks. Pre-NFP consolidation joins risk-positive headlines surrounding China to please XAUUSD bulls. Bulls approach the key resistance but remain unsure of crossing it amid … [Continue reading]
GBPUSD Price Analysis: Bulls move in and eye a significant correction
GBPUSD bulls look to move into the 50% mean reversion area of the prior bearish impulse on the daily chart, as illustrated above. Bears need to break key support below 1.1100. As per the prior analysis, GBPUSD Price Analysis: Bears move … [Continue reading]