3 Cryptos to Watch: LTC Move Back to $150 Should Support ETH and XRP
19 Dec 2021 1 minute read 0 comments FX Empire
After a second consecutive day in the red, a move through the day’s pivots would be needed to avoid another pullback.
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Market Forecasts and Analyses
LTC and DASH Elliott Wave Analysis: More Downside Ahead
18 Dec 2021 1 minute read 0 comments FX Empire
Crypto market is slowing down again on the intraday basis so be aware of new intraday recovery before a further sell-off ahead of the weekend. Litecoin, LTCUSD remains bearish after we noticed five waves of decline from the highs and now...
Bitcoin and ETH Target Additional Losses, WAVES Eyes Crucial Breakout
18 Dec 2021 1 minute read 1 comment FX Empire
Bitcoin price is declining and trading below $46,500, ether price broke the $3,750 support, and WAVES is eyeing a crucial upside break. Bitcoin After a failed attempt near $49,500, bitcoin price started a fresh decline. There was a steady decline be...
Bulls in Control as AVAX Reclaims $100, Record Highs Next?
17 Dec 2021 2 minute read 0 comments FX Empire
Despite weakness elsewhere in crypto markets, AVAX has had a bullish week and reclaimed $100, and the technicals look positive. It’s been a bullish week thus far for smart contract platform Avalanche’s native token AVAX. AVAX/USD has sur...
Crypto Market Outlook: Nearing A Make Or Break Moment
17 Dec 2021 7 minute read 1 comment FX Empire
After what has been a torrid few weeks for crypto and traditional risk assets alike, we are beginning to enter what could be an important make or break point in time for crypto markets. Whilst the euphoric sentiment towards Bitcoin has been largel...
Bitcoin Benefits From Inferences Drawn out of Powell’s Q & A
17 Dec 2021 2 minute read 1 comment FX Empire
Following the revised dot plot from the Federal Reserve, bitcoin’s price fell by approximately $1000 in the course of fewer than two hours. But as Powell’s Q&A session began following his statement traders got a much more dovish picture of the...
Gold Price Prediction – Prices Fall on Dollar Gains Following Fed Decision
16 Dec 2021 1 minute read 0 comments FX Empire
The dollar is poised to break out which would put pressure on the yellow metal. Gold prices moved lower in the wake of the Fed decision. The dollar is poised to break out creating a bull flag pattern. Yields also moved higher across the interest...
Bitcoin and Ether Could Nosedive, AVAX Takes Center Stage
16 Dec 2021 1 minute read 1 comment FX Empire
Bitcoin price is facing resistance near $48,650, ether price failed to surpass $3,900, and AVAX rallied over 10% to clear a major barrier. Bitcoin Recently, bitcoin price started an upside correction above the $47,000 level. BTC climbed above t...
90% of Bitcoin’s Total Supply Mined but Price Continues to Dip
15 Dec 2021 1 minute read 0 comments FX Empire
Only 10% of Bitcoin’s total supply is left to be mined, but the price of the leading cryptocurrency continues to underperform. Bitcoin reached a new milestone yesterday, but the cryptocurrency market continues to underperform. Bitcoin’s value i...
US Fed Actions 1999 to Present – What’s Next?
15 Dec 2021 4 minute read 1 comment FX Empire
I find it interesting that so much speculation related to the US Federal Reserve drives investor concern and trends. In my opinion, the US Federal Reserve has been much more accommodating for the global economy after the 2008-09 US Housing Mark...
