Market Forecasts and Analyses
4 Dec 2021 1 minute read 0 comments FX Empire
The S&P 500 has had a tough week, initially trying to rally but gave back all of the gains to show a less than impressive candlestick for the week. The S&P 500 initially tried to rally during the course of the trading week but gave back the gains as...
3 Dec 2021 1 minute read 0 comments FX Empire
The 200-period simple moving average is also acting as a critical tough nut to crack for XRP buyers. XRP coin keeps extending the recovery from the lows of the end of November at $0.90 and now exchanges hands at $0.97. However, like other...
3 Dec 2021 1 minute read 1 comment FX Empire
We finally have enough data to look at detailed CME Bitcoin futures on a monthly timeframe. A clear cycle has emerged, possibly not on the scale of a supercycle but the current cycle at the very least. Luckily with spot market data going...
2 Dec 2021 2 minute read 0 comments FX Empire
Bitcoin price is still struggling below $58,000, ether price trimmed gains and traded 5% lower, and MATIC could aim more gains above the $2.00 level. Bitcoin price is still struggling below $58,000, ether price trimmed gains and traded 5...
2 Dec 2021 2 minute read 2 comments FX Empire
As long as Black Friday’s low of $3925 holds, Ethereum can target $5500-6400. Two weeks ago, see here; using the Elliott Wave Principle (EWP), I was looking for Ethereum (ETH) “to bottom around $3800+/-200 before staging its next rally.”...
2 Dec 2021 2 minute read 0 comments FX Empire
Bitcoin price is facing a major hurdle near $58,500, while ether price could aim a new all-time high. SOL gained momentum and it might extend gains towards $250. Bitcoin price is facing a major hurdle near $58,500, while ether price coul...
1 Dec 2021 1 minute read 0 comments FX Empire
BNB Coin remains unstoppable on its bullish construction above the 200-period simple moving average at the H4 chart. Binance Coin (BNB) has been trapped in a stagnation phase across the board above the $600 handle, while the 200-period s...
1 Dec 2021 3 minute read 1 comment FX Empire
Bitcoin was able to recover after an extreme decline on November 26, 2021. BTC was able to regain almost all of the losses and looks like it is getting prepared for another bullish run. The news about the spreading of a new COVID19 variant hit the...
30 Nov 2021 1 minute read 0 comments FX Empire
No big changes in Crypto from yesterday and intraday corrective recovery still in progress, so be aware of limited rise and watch out for more weakness. The main reason for more downside pressure is that we can see risk-off sentiment in full...
30 Nov 2021 2 minute read 0 comments FX Empire
ETH is currently probing a key downtrend, a break above which could see a push back to record highs. After tumbling to fresh monthly lows at $3917 last Friday in tandem with a broad crypto market sell-off, which took its cue from downsid...
