FX Empire
FX Empire

FX Empire

Market Forecasts and Analyses


What Happens to Altcoins if JPMorgan's Right About Bitcoin?

2 Feb 2022 1 minute read 0 comments FX Empire

Bitcoin is currently trading near JPMorgan’s long-term price target of $38,000. JPMorgan has recently moved its long-term Bitcoin target from $150,000 to $38,000. Accidentally, that’s where Bitcoin is trading right now. Analysts have focused on whet...

BTC and ETH Gain Momentum, Why SOL Rally Could Face Hurdles

2 Feb 2022 1 minute read 0 comments FX Empire

Bitcoin price is recovering above $38,000, ether price broke the $2,750 resistance zone, and SOL surged over 20% to start a strong recovery. Bitcoin After forming a base above the $37,000 level, bitcoin price started a decent increase. BTC was able...

LTC/ and DSH Elliott Wave Cycles Approaching Support

2 Feb 2022 1 minute read 0 comments FX Empire

Crypto total market cap made another intraday recovery, but looking at the whole structure, we actually see a sideways consolidation, which more and more looks to be a bearish formation.   Crypto total market cap made another intraday recovery, but...

BTC/USD Bulls Preparing for Breakout

2 Feb 2022 1 minute read 2 comments FX Empire

The BTC/USD has dropped a lot since it made a historical high. The price was ranging and it started a consolidation move after making a cup with a handle pattern.     BTC/USD Technical Analysis BTC/USD has formed cup with a handle pattern The mark...

Dogecoin Settles Back in Top-10 and Firms Lead Over SHIB

1 Feb 2022 1 minute read 1 comment FX Empire

Dogecoin remains stuck near the $0.14 level while Shiba Inu is trying to settle below $0.00002. While Dogecoin has been under pressure in recent weeks, it managed to get back into the top-10 of cryptocurrencies by market cap and found itself on the...

NASDAQ 100 Supports BTC Bounce Back on Monday

1 Feb 2022 2 minute read 0 comments FX Empire

Bitcoin (BTC) finds NASDAQ 100 support to limit the losses for January. Regulatory activity will remain a concern near-term, however. It was a bullish end to a particularly bearish month for Bitcoin (BTC) and the broader crypto market. B...

Terra (LUNA) Sinks Again as Wonderland Project Gets Pulled

1 Feb 2022 2 minute read 1 comment FX Empire

Terra (LUNA) continues to struggle as investors pullout in response to the Wonderland project scandal, with links to lending platform Abracadabra doing the damage. Terra (LUNA) enables users to trade Terra stablecoins. Native currency LUNA is used t...

BTC and ETH Consolidate: What Could Spark Upside Break?

1 Feb 2022 1 minute read 0 comments FX Empire

Bitcoin price is holding the $35,550 support zone, ether price is rising towards $2,640, and LUNA is eyeing a recovery wave above $50.00. Bitcoin Recently, Bitcoin price saw a bearish reaction from them $38,700 zone. There was a break below $38,000...

Choosing Between ETH and BTC Amid Heightened Macroeconomic Risks

31 Jan 2022 4 minute read 1 comment FX Empire

Macroeconomic risks have taken center stage from November, with the tech-heavy NASDAQ 100 being down by 11.6% for the year. As for cryptos, while it’s hard to know where prices will end up over the short to medium-term, not all of them have been imp...

BTC Sees Red Ahead of Tricky Week for Crypto Market

31 Jan 2022 2 minute read 0 comments FX Empire

It could be a tricky week ahead for Bitcoin and the broader market. Market sentiment towards FED monetary policy and regulatory oversight remain key drivers. A 3-day winning streak came to an end for Bitcoin (BTC) on Sunday. Following a 1.11% gain o...