GBPUSD prints mild losses around 1.2630 while paring the first weekly gains in three, so far, as traders await Thursday’s final prints of the UK and US Gross Domestic Product (GDP) for the fourth quarter (Q4) of 2024. In doing so, the Pound Sterling struggles to defend the previous week’s rebound from the 200-bar Exponential Moving Average (EMA) amid downbeat RSI...
Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
The MANA Crypto shows an uptrend from the price of $0.2700 to $0.8000. However, the price failed to jump above the supply and formed support at $0.5500.
This formed support at $0.5500, proved a worthy support as the price spiked from this level and is currently trading at $0.6741 with an intraday loss of -2.61%. Moreover, the price is above 20-day and 50-day...
The Avalanche price shows that the price rose from $10 and hit the previous supply at the $50 price mark by last week December 2024. The price thereafter lipped some points and formed a new support of $27 by the last week of January in the new year 2024.
However, the crypto showed a fabulous resurgence on this level, which took the price all the way up to $65 by...
BTC now bearish for 4hr time frame bearish shark, bearish divergence and macd crossing bearish , next support levels are 67000$ and 64000$. now time to short.
On a closer look at the daily chart of Helium crypto assets, it came into sight that the price rose at the start of the year 2024, and went all the way to high up to $11.0. After meeting the top resistance, the price started losing ground and violated the uptrend by making lower lows and highs in the process.
At press time, the price is trying to hold on to the...
Gold price remains lackluster within a three-week-old trading range, struggling to extend the weekly rebound by the press time. However, a gradually firming RSI (14) line joins the bullish MACD signals and a one-week-long bull pennant to keep the XAUUSD buyers hopeful. That said, the aforementioned trading range’s top surrounding $2,188 guards the immediate upside...
JSL hit its all-time high yesterday, surpassing its previous peak.
It bounced from its 20 EMA support, with RSI moving up alongside the price and MACD showing a bullish crossover on the daily timeframe.
The price target is 755, with further potential to rally to 764 - 776. Buying is recommended above 719, with a stop-loss below 690 on a daily close basis....
Current Trend:
1) The Nifty is exhibiting signs of a potential reversal as it is at the second Fibonacci retracement level and the top of a major parallel channel.
2) The formation of a doji candlestick at this level indicates indecision, suggesting that the current uptrend may be losing momentum.
Possibility of Outcome:
1) The bearish signals from the MACD and...
The Moonbeam Token price was in an uptrend from the October end of 2023 and symbolized growth over the period of time. The price surged from $0.1600 and reached $0.7200, but at the top, it faced some resistance due to the presence of the supply region and fell to form a support at the $0.4700 price mark.
Since the Moonbeam crypto has exhibited a sign of upcoming...
Lal Path Labs has exhibited strong bullish signals, with recent support at the 2000 level indicating a potential upward trend. This analysis suggests a bullish stance on Lal Path Labs, with projected targets at 2700 and potentially surpassing the 3000 mark in the coming months. Here's a breakdown of the technical analysis supporting this outlook.
Technical...
AUDUSD struggles to defend the week-start recovery from an ascending support line stretched from early February as traders await the key US Durable Goods Orders and the Aussie inflation data, scheduled for Tuesday and Wednesday respectively. In doing so, the risk-barometer pair jostles with the 200-SMA hurdle surrounding 0.6555. It’s worth noting that the market’s...
The price performance of Tron highlights a good performance on the chart in the quarter by 12.11% respectively. But, this week's and month's performance was not good as it deteriorated with a -5.79%, and -13.91% respectively, its price dropped to form a support at $0.110.
The Tron asset is showing bullish traits and is experiencing a minor decline of -1.35 % in...
The price performance of Volt inu highlights a good performance on the chart in the span of a month, and quarter by 43.32%, and 62.51% respectively. But, this week's performance was not good as it deteriorated with a 7.77% fall in price and dropped to form a support at $0.0000005800. The Volt Inu asset is showing bullish traits and is experiencing a surge of 1.27%...
USDJPY remains pressured towards 151.00 while keeping the previous day’s U-turn from a five-month-old horizontal resistance zone amid Monday’s sluggish Asian session. In doing so, the Yen pair justifies the RSI (14) line’s divergence with the latest high in prices. However, the bullish MACD signals and the quote’s successful trading above the...
The POPO token has signified great performance on the daily time frame chart with 70.74% performance growth in the last month, and quarter performance has shown by 25.13% increase.
However, the rally did not maintain near the supply level as the price failed to move up and rather started declining on March 11th, 2024, and has been dropping since then, which led...
The KUB token has demonstrated wonderful performance on the daily chart with 6.76% performance growth in the last month, and quarter performance has shown by 13.14% increase.
However, the rally did not maintain above the supply level, after showing a breakout and retest scenario for further uptrend movement, it turned out to be a fake breakout. Because, the...
