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Technical Analysis

Ethereum Sellers Successfully Defend $3420.0 Resistance Zone

Aug 01 2024 @ 12:35
Ethereum’s price recently fell short of the current year’s high of $4085.0 following a successful breakout from a bearish channel. This bearish channel represented a correction phase that followed the impulsive price movement to the yearly high of $4085.0 The price declined after the formation of a head-and-shoulders pattern at $3835.0 Before testing the parallel […]
 

BTC Double Top Pattern Shows Signs of Weakness

Aug 01 2024 @ 10:34
Bitcoin has displayed a double-top chart pattern on the daily chart, a common sign of a bearish reversal. The market has experienced 43 consecutive days of down-close prices, indicating a loss of momentum on the daily chart. Bulls’ hopes were inflated upon a price surge above the swing high of $67,788.0 on July 15. The […]
 

Is Investing in Binance Coin (BNB) a Good Idea?

Jul 31 2024 @ 08:39
Binance Coin (BNB) has an intriguing backstory that traces back to its founder, Changpeng Zhao, also known as CZ. Born in China, CZ moved to Canada at the age of 12. His fascination with technology blossomed during his teenage years. After studying computer science, he started his career at Bloomberg in 2001. By 2005, CZ […]
 

Metro Bank Holdings Price: MTRO Skyrockets, Trading at 49.8

Jul 31 2024 @ 07:41
Recently, the pathway to securing rises in the stock operations of Metro Bank Holdings Plc (LSE:MTRO) appears to be gentle as the market now skyrockets in valuation to trade around 49.8. A lengthy bullish candlestick with a bottom near 40 indicates that bulls have greater muscle since they are putting more effort into building a […]
 

Uk Oil & Gas Price: UKOG Wallows in Lows, Striving for Up Strides

Jul 30 2024 @ 09:16
Between February and March exchanging sessions of Uk Oil & Gas Plc (LSE:UKOG), a huge downward gap occurred from around 1 to around 0.06 or thereabouts, making a long range of the market to now wallow in lows, striving for up strides around 0.08 as of this piece. As the oscillation tools have shown, in […]
 

MATIC to POL: Migration Begins September 4th

Jul 29 2024 @ 12:05
Polygon’s network is set to undergo a transformative shift on September 4th as the MATIC token transitions to POL. Initially, POL will assume the mantle as the primary fuel powering transactions and staking on the Polygon PoS chain. This evolution positions POL as a cornerstone for the network’s future, with a pivotal role in the […]
 

Lloyds Banking Group Price: LLOY Sets a Bullish Path, Averaging 65

Jul 29 2024 @ 09:44
Toward previous March trade cycle, bears succumbed to ending a declining move that eventually led to making the moving averages to cross back northward, breaking through 45 lines in the Lloyds Banking Group Plc (LSE:LLOY), as the price sets a bullish path, averaging 65. The market lines have been maintained a continuous moving order, traders […]
 

Ethereum Price Ascend Stopped at $3375.0 Supply Zone

Jul 29 2024 @ 09:28
The Ethereum price experienced a significant bounce off the descending trendline, which was acting as the boundary of the parallel channel on the daily chart. This movement resulted in a surge, propelling the price into the $3375.0 supply zone. in June, the price retraced to the $3041.0 demand zone, filling the fair value gaps that […]
 

Shield Therapeutics Price: STX Sets a Hiking Sign, Attempting to Rise More

Jul 29 2024 @ 09:24
It has showcased that bears have reached an end of pushing against bulls in the exchange lines of Shield Therapeutics Plc (LSE:STX) , given that the stock market now sets a hike path, attempting a rise process. Based on the analytical approach as of this time, a strong bullish candlestick is forming to show that […]
 

Can BTC Break the Resistance Zone of $71,213 This Time?

Jul 29 2024 @ 06:22
BTCUSD is currently bullish, nearing the significant resistance zone of $71,213. This resistance level has proven extremely challenging for buyers to overcome since their first attempt in March. The buyers have tested this zone five times so far. The current attempt appears somewhat unique, as the price first dipped to the demand zone of $52,884. […]
 
 
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