Market Forecasts and Analyses
11 Dec 2021 1 minute read 1 comment FX Empire $0.47
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 $0.15
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 $0.13
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 $0.25
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 $0.39
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 $0.27
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 $0.27
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 $0.68
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 $0.23
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 $0.14
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...
