Day: April 22, 2022
Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains. As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many […]
U.S. stocks remained on track for the biggest one-day drop since early March, but came off session lows after Cleveland Federal Reserve Bank President Loretta Mester said she didn’t see a need for a 75 basis point rate hike. In a CNBC interview, Mester said she would prefer a “methodical approach” rather than the “shock” […]
The exchange said it was “categorically false” that it shared user data with Russian regulators, and it had stopped working in the country following the invasion of Ukraine. 525 Total views 9 Total shares Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia’s […]
Stocks finish sharply lower Friday to book weekly losses, as Wall Street focused on a potentially compressed timeline for the Federal Reserve to swiftly raise interest rates in a bid to curtail inflation at 1980s levels. The Dow Jones Industrial Average DJIA, -2.82% shed about 981 points, or 2.8%, ending near 33,811. It marked the […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another rising impulse. In this case, the upside target may be the resistance level at 1995.00. At the […]
BRENT In the H4 chart, Brent is trading above at 200-day Moving Average to indicate a possible sideways tendency. Yesterday bears attempted to break 1/8 but failed – bulls were stronger, so the price is currently moving above this level. In this case, the price is expected to test the resistance at 2/8, break it, […]
Type: Bullish RiseKey Levels:Resistance: 1726’4Pivot: 1704’6Support: 1688’4Preferred Case:With price moving above the Ichimoku cloud and the ascending trendline, we have a bullish bias that price will rise to our 1st resistance in line with the 1726’4 in line with the swing high resistance from our pivot of 1704’6 in line with the 50% Fibonacci retracement […]
Type: Bearish ContinuationKey Levels:Resistance: 81.27Pivot: 79.67Support: 78.42Preferred Case:With price moving below the Ichimoku cloud, we see a potential bearish continuation from our pivot level of 79.67 which is in line with 50% Fibonacci retracement towards our 1st support level of 78.42 which is in line with the horizontal swing low support.Alternative Scenario:Alternatively, price may break […]
Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries. Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within […]
With the S&P 500 SPX, -2.53% tumbling 2.2%, toward the biggest one-day selloff in about seven weeks, only 30 of the index’s components are trading higher. The biggest gainer is SVB Financial Group’s stock SIVB, +8.85%, which rallied 10.7% after the banking company reported late Thursday first-quarter profit and revenue that beat expectations. The next […]
