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Financial Guides
Perfect Crypto Investment Strategies – Part 2
23 Jul 2021 @ 00:51
A POSITION TRADING STRATEGY FOR CRYPTOS As it has been said before, the best way to make money from viable cryptos is to buy and hold them forever, since investments that are worthwhile are also investments that appear in your will. Apart from a ‘buy and hold’ method of investing, there are other ways to make money […]
Bitcoin Whales Still Stacking Up Coins Despite Bear Market: Glassnode
23 Jul 2021 @ 00:40
Despite the recent crash below the critical $30k level by Bitcoin (BTC), on-chain metrics from Glassnode suggest that whales are still on binge acquisition mode. According to the analytics platform’s weekly report released yesterday, the benchmark cryptocurrency’s reserves on crypto exchanges are on a steady decline despite having turned bearish since its sustained drop below $36k. […]
Ripple (XRP) Plummets Amid Former Executive’s Selling Spree
15 Jul 2021 @ 15:37
Many Ripple (XRP) enthusiasts are familiar with the monthly XRP escrow release. The XRP escrow got designed to integrate predictability and stability to XRP. Meanwhile, a part of this monthly supply gets directed to former Ripple executive Jed McCaleb. However, instead of holding his newly-minted coins, McCaleb eagerly dumps his holdings into the market. Recent data shows […]
Ethereum (ETH) Price Analysis: Ether Recovers above $1,900, an Upward Move Likely
15 Jul 2021 @ 15:24
Key Highlights Ethereum reaches $1,863 low and pulled back The biggest altcoin has resumed an uptrend Ethereum ETH) Current Statistics The current price: $1,944.26 Market Capitalization:$226,595,023,679 Trading Volume: $17,616,407,906 Major supply zones: $2,800, $3,000, $3,200 Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis July 14, 2021 Today, Ethereum reached the low...
Gold (XAUUSD) Recovers above Level $1,760 but Struggles to Break $1,800 High
11 Jul 2021 @ 03:47
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD has resumed an upward move after falling to the low of level $1,760 on June 18. On June 29, the bears retested the support as Gold resumed upward. The implication is that the uptrend has resumed as price fails […]
XAGUSD: Silver Price Is Holding Up Beyond Mid $26.00 Level
11 Jul 2021 @ 03:39
XAGUSD Price Analysis – July 10 The Silver (XAG) sellers were unable to keep their price below the $25.00 level and began a new surge versus the US Dollar. The XAGUSD pair has moved into a positive zone after breaking through the mid $26.00 level. Silver is holding up while the dollar fell on Friday as risk […]
Annual forecast for Premier African Minerals Limited (2021)
11 Jul 2021 @ 02:59
Premier African Minerals Limited shares (LSE:PREM) are currently not bullish or bearish. There has been a long-term ranging movement in the market, which has started since April 2021, and which followed those maniacal up and down swings in the months of March. Price is currently trapped within the upper and lower Trendlines, and a break […]
Annual forecast for BP. Plc (2021)
03 Jul 2021 @ 21:44
BP. stock (LSE:BP.) is essentially bullish, albeit moving upwards slowly and steadily. The market has been caught in the current bullish trend since February 2021, following a massive sell-off. The uptrend has been in place since then. Price has managed to remain above the EMA 21, and the William’s % Range period 20 is not […]
USD/CAD Retests Overbought Region at Level 1.2500, May Face Rejection
01 Jul 2021 @ 18:56
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: Bearish USD/CAD has resumed a partial upward move after reaching the low of 1.2300. Presently, the currency pair is trading in the overbought region of the market. The pair is trading at level 1.2406 at the time of writing. Meanwhile, on […]
EURJPY Extends Bounce As Further Gains Lie Above 132.00 Level
01 Jul 2021 @ 18:24
EURJPY Price Analysis – July 1 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key Levels Resistance Levels: 133.50, 133.00, 132.50 Support Levels: 13200, 131.50, 131.00 EURJPY Long term Trend: […]
