Nov 22 2022 @ 09:08
Bushveld Minerals Limited shares (
LSE:BMN) are bearish in the long term, but bullish in the short term. Bulls are striving hard to undo the protracted bearishness registered in the charts. The ADX period 14 is almost below the level 20, which means the momentum in the market is not currently great. DM+ is somewhat above […]
Nov 22 2022 @ 04:57
EUR/USD continues to move further above the 1.0250 mark during the opening hours of the European trading period. A lower hawkish tone from the Federal Reserve is burdening the United States Dollar. At the same time, European Central Bank officials see the need for a reduced interest rate come next December. Meanwhile, the United States […]
Nov 21 2022 @ 17:19
In October, the XRP market consolidated below the 20-day moving average. This was after the bull market faced rejection at the $0.50 price level. The buyers attempted to recapture the $0.5 level, but they were rejected again. This time around, the bearish run brought the price to $0.329. The support was formed from this point […]
Nov 15 2022 @ 16:07
More and more technology institutes and businesses around the world are accepting cryptocurrency as means of payment or settlement of debts. Among the notable businesses and tech companies that recently accept cryptocurrency as means of settling debt include two Ukrainian tech giants: Techno Izhak and Stylus. These companies have retail outlets that allow customers to […]
Nov 14 2022 @ 12:16
As a blockchain-based computing platform, that gives developers the freedom to run their decentralized programs on it, Ethereum has dramatically revolutionalized the crypto industry. Ethereum ranks second, after Bitcoin, and it is more than just cryptocurrency because it has other services that it offers. Let us consider the essential parts of the network. What is […]
Nov 08 2022 @ 17:21
In the heat of the ongoing dispute between Binance and FTX, customers on the FTX platform seem to be gripped with fear as it becomes difficult to withdraw Bitcoin and other stablecoins. The CEO of the FTX platform clears the fear of customers, assuring them that the matching engine is working very well. However, the […]
Nov 07 2022 @ 14:51
After Bitcoin have beaten the $20,000 price level on the 25th and the 26th of October, the next difficult price level is $21,000. Breaking the $20,000 level did not pose much resistance as the $21,000 price level. On the 26th of October, it looked like the bulls would also conquer the $21,000 price level. However, […]
Nov 05 2022 @ 07:05
Boohoo Group Plc shares (
LSE:BOO) are currently where they are not supposed to be. The price still showcases bearishness, instead of bullishness. For most past of this year, the market has trended downwards, generally. There were occasional rallies along the way, but they were followed by further bearish movements. 4 EMA as used for this […]
Nov 03 2022 @ 10:28
The NFT giant Dapper Labs are having a fair share of the current bearish trend in the crypto market. The company had to reduce the size of its staff to manage the worsening conditions in the Cryptocurrency sector. Given the current macroeconomic situation, the company reported sacking 22% of its staff. The Chief executive officer […]
Nov 02 2022 @ 15:15
GBP/USD has been ranging near 1.1500 after yesterday’s (Tuesday’s) choppy action, while the market was trying to adjust to the Fed’s policy decisions. Also, the larger than anticipated JOLTS job opening data for September, plus the mild upbeat in the ISMs, and the PMI study for last month (October) assisted the USD to recover from […]