Market Forecasts and Analyses
25 Nov 2021 2 minute read 0 comments FX Empire
Bitcoin is being squeezed within a bearish flag, with support in the mid-55,000s holding for now, but the risk of a bearish breakout growing. Bitcoin (BTC/USD) has spent the last week consolidating within a bearish triangle formation. To the downsid...
25 Nov 2021 1 minute read 0 comments FX Empire
The $4,000 level is presenting itself as the “line in the sand” for the sellers in Ether in the short term. Ether (ETH) is trapped in a stagnation zone around the $4,300 level while being supported by the 50-period simple moving average at th...
24 Nov 2021 1 minute read 0 comments FX Empire
It’s been a bearish morning. Avoiding a fall back through the day’s pivot, however, would give the bulls a run at $4,700… At the time of writing, Ethereum, ETH to USD, was down by 1.12% to $4,292.98. Ethereum rose to an early morning high $4,359.88...
24 Nov 2021 1 minute read 0 comments FX Empire
SHIB has slipped to the twelfth place in crypto market ranking as the frenzy reduces. Shiba Inu was one of the best-performing cryptocurrencies a few weeks ago, but it has now slipped in terms of market ranking. Shiba Inu Slips in Coinba...
24 Nov 2021 1 minute read 2 comments FX Empire
Top crypto asset manager Grayscale revealed on November 19 that it saw over $51.9 billion in assets under management. Institutional investors’ behavior tends to favor the “buying the dips” strategy when the crypto market gets knocked off by a sellin...
24 Nov 2021 1 minute read 0 comments FX Empire
Crypto market remains under bearish pressure and there can be room for more weakness, especially now when we see strong daily reversal on stocks, just watch out for intraday pullbacks. Two days ago Microstrategy CEO Michael Saylor Discussed that...
23 Nov 2021 1 minute read 0 comments FX Empire
DOGE should hold above $0.21 to allow another bullish wave that takes it towards the $0.30 level. The major meme coin, Dogecoin (DOGE), has been hovering within negative waters below the $0.23 level following a selling wave that smashed the price ac...
23 Nov 2021 2 minute read 0 comments FX Empire
Following last week’s reversal, failure to move through the week’s pivot levels would leave Bitcoin and Ethereum in the deep red once more. Bitcoin Bitcoin, BTC to USD, fell by 10.36% in the week ending 21st November. Reversing a 3.47% ga...
22 Nov 2021 1 minute read 0 comments FX Empire
The MicroStrategy chief said there’s a war going on, with bitcoin one side vs. gold and silver on the other. With bitcoin hovering below $60,000, the cryptocurrency community has shifted its attention toward building once again instead of pri...
22 Nov 2021 1 minute read 0 comments FX Empire
Black Friday marks the start of the 2021 holiday season, with retailers offering deep discounts to attract floor traffic and eyeballs. Stocks Deere and Co. (DE) heads a light holiday week calendar, with Wednesday’s pre-market report expected to...
