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Technical Analysis

XRPUSD leaps Out of Consolidation

Oct 01 2022 @ 20:24
XRPUSD market has been bearish all year long. The resistance level at $0.900 halted the bullish run which was initiated with a rejection candle above the $0.600 support level. The demand level at $0.600 also failed to hold after it was tested in May. XRPUSD slumped to the subsequent demand level at $0.300. The market […]
 

Post-Merge Long-Term Price Forecast For Ethereum (ETH), 2022 – 2025

Sep 26 2022 @ 07:08
Ethereum currently is bearish. The bearishness started in 2021 and has lasted till date and will continue for the rest of this year and the year 2023. Even on the day of the Merge, ETH plummeted furiously. The most important reason for the bearishness is crypto winter. During crypto winter, ETHUSD will be trending downwards […]
 

You Need To Accept This Trading Truth If You Want To Survive

Sep 26 2022 @ 07:01
A TRUTH ABOUT TRADING A couple of things in life that I really don’t look forward to are: 1. when they draw blood for my semi-annual health checkup and 2. when I have to go to the doctor. Yet, when I think about it, not going could be a lot worse than going. I don’t […]
 

This stock has been banned!

Sep 18 2022 @ 10:34
Plexus Holdings Plc shares (LSE:POS) have been banned from the distribution territory at 10.00, so to speak. Price has been trending downwards since the past several months, and this is a scenario that will hold out for the long-term. The ADX period 14 is at the level 40 (signifying a serious momentum in the market), […]
 

Tern Plc price: Oh no! Why is TERN doing this?

Sep 18 2022 @ 10:27
Tern Plc stock (LSE:) stock (LSE:TERN) is a bear market. Buyers have constantly been whipsawed, while price remains treacherously downwards. TERN is currently trending below the EMA 21, while the William’s % Range period 20 is not far from the oversold territory. The market is very weak and we will continue to witness whipsaws to […]
 

How Does the Ethereum Merge Affect Your blockchain.com Account?

Sep 12 2022 @ 13:44
Get Ready as Ethereum’s Merge Is Anticipated For Mid-September What to expect from Blockchain.com during the Ethereum merge What is this merge all about? It is an upgrade of the Ethereum blockchain network in a bid to change from the conventional system of proof of work (PoW) to proof of stake (PoS). The main idea […]
 

SEC Set to Deal With Increasing Cryptocurrency Issuer Cases Using Special Offices

Sep 12 2022 @ 07:42
As cases coming from Crypto issuers in the US continues to flow in, SEC is making arrangements to establish offices that will offer a special kind of assistance to the already existing offices that are charged with the responsibility of looking into issuer cases. The Security Exchange Commission declared its plan of establishing two offices, […]
 

EURUSD Forecast for 2023

Sep 09 2022 @ 10:21
With the US Dollar Index trading at a multi-year high and the EURUSD currency pair now at parity, some question how much further the greenback can rise. We’ll consider the fundamental, technical and political factors that could shape the future direction of exchange rates. Fundamental factors Factors that could strengthen the Dollar In the near […]
 

Stay away from this stock!

Sep 07 2022 @ 05:58
Synairgen Plc stock (LSE:SNG) is not attractive at all. The market has long been in what can be called a frustrating equilibrium state. And this is not something that will end soon, as the sideways movement has been going on for several months. The ADX period 12 is around the level 20, which shows a […]
 

Avacta Group price: AVCT buyers are devastated

Sep 07 2022 @ 05:47
Avacta Group Plc shares (LSE:AVCT) are decidedly weak, and the current bearishness in the market, especially in the near-term, has really scuttled buyers’ effort. Their hope has been dashed, as explained below. Price is essentially below the EMA 21 and the William’s % Range period 20 is in the oversold region. This is a bearish […]
 
 
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