Technical Analysis

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 […]

The massive ripple sell-off, recording more than 500 days, is nowhere near its end. The market’s fiery downtrend momentum is still very much intact. The bull’s last major attempt was on April 14 2021, when the XRP market hit a high of $1.83375, and from that point, the XRP price further declined by 80%. Fresh […]

Since BTC/USD falls below the $20,000 price resistance level on the 26th of August, it has been a struggle to get above the price level. The price pull between demand and supply has kept the market flat, ranging from around $19,700 until today. Bitcoin will likely consolidate at around $20,000 for a while before finding […]

  After some period of consolidation, there is a possibility that SOL/USD may be making a recovery attempt towards coming up above the 9-day moving average. The market started a lower swing on the 14th of August. But on the 20th of August, buyers became strong enough to prevent any further downward trend. However, this […]

Pavel Durov, the Chief Executive Officer of Telegram, reveals the success of the new Ton network domain which is named auction. The network has proved to be profitable as more than 2000 domains have been sold and they have realised a return as high as $260,000. Telegram released the web 3.0 platform network in 2020. But […]

The ranging market behaviour XRP/USD started on the 30th of July to the 18th of August. The tug-of-war went on as both the bulls and bears show weakness. On the 18th of August, the bears grew very strong. They push the price below the 9-day moving average. The price dropped to $0.33467 on the 19th […]

Cineworld Group Plc stock (LSE:CINE) is furiously bearish and this is a pain in the bull’s neck. The market has gapped downwards massively. The weakness is expected to continue. Following the recent ranging movement within the upper and lower Trendlines, price has gapped below the lower Trendline. At the same time the RSI period 14 […]

Greatland Gold Plc shares (LSE:GPP) are currently bearish and the price would move further downwards. It is not advisable to go long in this kind of market. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top […]

  Cathie Wood the founder of ARK investment says that the entrance of BlackWood into the cryptocurrency space has a promising prospect for Bitcoin. Coinbase had earlier announced that it had entered operations with BlackRock. BlackRock is the biggest investment management company in the world. BlackRock has about 10 trillion USD assets under its management. […]

There has been quite a struggle between the bulls and the bears as the XRP/USD could not break the $0.38118 resistance level. The market seems to be held up at around that resistance level for the past few days. What the indicators are saying Moving Average convergence and divergence indicator shows that the bears may […]