Technical Analysis

BNBUSD has experienced a price decline since the beginning of the year. The value of the coin has dropped by about 68 per cent. The bears are contently in charge of the market. A symmetrical triangle has formed on the daily chart to signify that BNBUSD is set for a breakout. Support levels: $190.0, $259.0 […]

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 […]

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 […]

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 […]

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 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 […]

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 […]

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, […]

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 […]

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 […]