Market Forecasts and Analyses
16 Nov 2021 1 minute read 3 comments FX Empire
Facebook’s announcement on the development of metaverse had boomed discussions about how cryptos could help this brand-new concept. Metaverse is on the air, and the tech and cryptocurrency sectors are discussing its potential, pros, and cons. Altho...
16 Nov 2021 2 minute read 0 comments FX Empire
Liquidity drives markets, and when there is a lot of it, higher prices must be anticipated. Two weeks ago, see here, I used the Elliott Wave Principle (EWP) to assess if Bitcoin (BTC) was ready to rally to $90K+ or if it had one more leg down to com...
15 Nov 2021 1 minute read 0 comments FX Empire
Only a fool would bet against NVIDIA ahead of Wednesday’s post-close earnings report. The sky’s the limit for NVIDIA Corp. (NVDA), with the graphics and systems-on-a-chip superstar posting a phenomenal 232% year-to-date return. The consistent...
15 Nov 2021 2 minute read 0 comments FX Empire
After having avoided a loss in the previous week, the majors would need to avoid a fall back through the week’s pivot levels to deliver new all-time highs in the week ahead. Bitcoin Bitcoin, BTC to USD, rose by 3.47% in the week ending 14...
14 Nov 2021 1 minute read 1 comment FX Empire
Although the price remains trapped in a consolidation zone, ADA remains poised to crack higher. Cardano (ADA) has been again into a rangebound stage that doesn’t look clear at all from a short-term perspective. The price rallied early this we...
14 Nov 2021 4 minute read 1 comment FX Empire
It was only recently that the world caught on to yet another craze, this time in the form of a new type of blockchain-based assets called non-fungible tokens, or NFTs. Since then, the interest for all things NFT has kept growing at neck breaking spee...
13 Nov 2021 1 minute read 1 comment FX Empire
ETH’s prices are boosted by the increasing activity across the Ethereum network despite the recent pullbacks. The Ethereum network has experienced a surge in its activity amidst the rally of ETH across the board, as the metrics show that it...
13 Nov 2021 2 minute read 2 comments FX Empire
The bitcoin bull has his eye on the rising number of bitcoin wallets. While the bitcoin price might be experiencing some selling pressure today, crypto bulls are not worried. Among them, Anthony Scaramucci, who founded Skybridge Capital, h...
12 Nov 2021 1 minute read 0 comments FX Empire
Shiba Inu is up by more than 9% today as it starts to recover from its recent dip and could rally towards the $0.00007 level in the coming hours and days if it maintains the momentum. Shiba Inu is recovering from recent losses and is cur...
12 Nov 2021 1 minute read 0 comments FX Empire
Tesla’s CEO hasn’t disclosed yet how he’ll use the funds obtained from the billionaire transaction. Will Elon Musk buy more cryptocurrencies soon? That’s the question that had arisen after the eccentric billionaire sold over 934,000 shar...
