Latest Market News
The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free. 6669 Total views 47 Total shares Researchers at the federally funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a class of stablecoin […]
The S&P 500’s SPX, -3.88% top 9 companies by market capitalization have lost a total of more than $1 trillion in value the past four days. The S&P 500 has lost 3.0% in afternoon trading Monday as surging inflation and interest rates fuel recession fears. The index has sunk 9.1% over the past four sessions, […]
What goes up must come down. And then go up again. Then come down again. And on and on and on… 2272 Total views 9 Total shares Crypto traders and investors started out the week with a major shock to the markets. As assets across the blockchain industry went into a collective dive on Monday, […]
Oil futures finished higher on Monday after touching their lowest levels in nearly a week on concerns that renewed lockdowns in China would lead to lower energy demand. “Risk appetite is quickly leaving Wall Street and one of the few trades that is still looking attractive is oil,” said Edward Moya, senior analyst at OANDA. […]
Type: Bearish MomentumKey Levels:Resistance: 974.4Pivot: 952.7Support: 924.4Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 952.7 in line with the overlap resistance to the 1st support at 924.4 in line with the swing low support and 127.2% fibonacci extension .Alternative […]
Type: Bullish MomentumKey Levels:Resistance: 51788Pivot: 51240Support: 51035Preferred Case:On the H1, price has broken through the descending channel and is moving along the ascending trendline. Also, price is moving above the ichimoku indicator which supports our bullish bias that price will rise from our pivot at 51240 in line with the overlap resistance, 38.2% fibonacci retracement […]