Market Forecasts and Analyses
11 Dec 2021 1 minute read 1 comment FX Empire
DSHUSD remains nicely bearish as expected after we noticed a completed bearish triangle in wave B on a daily chart. Well, now that is accelerating even lower, seems like a higher degree wave C is in progress, which should be completed by a five-wave...
10 Dec 2021 1 minute read 0 comments FX Empire
The short-term technicals have improved for Ethereum and a move back to weekly highs at $4500 appears on the cards. Ethereum (ETH/USD) continues to find solid support in the $4000 area, as has been the case on so many occasions since the...
10 Dec 2021 1 minute read 0 comments FX Empire
Bitcoin price tested $47,500 before recovering higher, ether price is facing resistance near $4,250, and BNB is approaching a major breakout with resistance near $625. Bitcoin After a downside break, bitcoin price extended decline below...
10 Dec 2021 3 minute read 1 comment FX Empire
Ripple’s XRP bucked the trend on Thursday as the rest of the crypto majors saw red. With U.S inflation in focus later today and Omicron uncertainty ever present, it could be a testy day ahead. This is the technical analysis for Ethereum (ETH),...
10 Dec 2021 2 minute read 2 comments FX Empire
Bitcoin price extended decline and traded below $49,000, ether price could dive if it settles below $4,270, and XRP’s rally is facing a major roadblock near the $0.925 level. Bitcoin After a fresh round of selling, bitcoin price extended...
9 Dec 2021 2 minute read 1 comment FX Empire
DOGE has consolidated this week above last Saturday’s lows, but the long-term bear trend remains intact and further selling pressure likely. The last two days have been unusually subdued for Dogecoin (DOGE/USD), as the meme consolidates...
9 Dec 2021 1 minute read 0 comments FX Empire
Gold prices attempted to move higher but could not gain traction and formed a doji day. The dollar edged lower as the 10-year treasury yield rose. The U.S. Yield curve flattened as riskier assets gained traction. News that the 3rd dose of the Pzifer...
9 Dec 2021 2 minute read 2 comments FX Empire
ADA has been stuck in a bear trend since early November, however, after a recent sell-off, short-term technicals have improved. Cardano’s cryptocurrency ADA (ADA/USD) has been in a bear-trend since early November, a trend that was reinforced last...
8 Dec 2021 1 minute read 0 comments FX Empire
Bitcoin price failed to clear $52,000 and started a fresh decline, ether price is still holding the key $4,250 support, LINK seems to be aiming a larger rally above $25. Bitcoin After a steady increase, bitcoin price failed to clear the $52,000 re...
8 Dec 2021 1 minute read 2 comments FX Empire
Bitcoin price started a major decline below $50,000, ether price is struggling to stay above $4,000, and ADA is declining towards an important support zone at $1. Bitcoin After multiple failures above $55,000, bitcoin price started a fre...
