Immutable X (IMX/USD) price has staged a strong recovery and is hovering near its highest point in 2023 despite the ongoing challenges in the non-fungible token (NFT) industry. IMX soared to a high of...
Tag: Forms
CFTC forms new Tech Advisory Group, appoints high-profile crypto executives
Executives from Circle, TRM, Fireblocks, and other companies have been appointed by the CFTC to its new Tech Advisory Committee (TAC). In an official statement, Commissioner Christy Goldsmith Romero n...
XAU/USD forms a shooting star pattern
Gold (XAU/USD) price has done well in the past few days as investors move to the safe haven. It jumped to a high of $1,894, the highest level since February 3. It has risen by ~3.95% from the lowest l...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB
The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in total deposits. Binance CEO mocked US critics as two ban...
Cardano price forms solid foundation at current low, can Avorak AI help users trade these patterns?
The cryptocurrency market has always been volatile; token prices rise or drop within hours or minutes. However, Cardano has recently formed a solid foundation at its current low price, and more invest...
Inverted H&S forms amid ECB and BoE divergence
The EUR/GBP exchange rate pulled back slightly as forex traders assessed the outcomes of the upcoming European Central Bank (ECB) and Bank of England (BOE) actions. It retreated to a low of 0.8888, wh...
The Sandbox forms an exclusive partnership with AIMC
The Sandbox has formed an exceptionally mutually beneficial partnership with AIMC. This entity is an affiliate of the drama production company based in South Korea and going by the name of Astory. Tog...
MakerDAO’s MKR price forms rare pattern amid a debt ceiling rise
Maker (MKR/USD) price formed a double-top pattern as a vote on capital deployment continued. The MKR token retreated to a low of $855.36, the lowest point since March 3 of this year. It has plunged by...
US dollar index (DXY) forms a double-bottom at the 23.6% Fib
The US dollar index made a bearish breakout ahead of a relatively busy week that will determine its performance for the rest of this year. The closely-watched DXY index retreated to a low of $104.12, ...
Brent crude oil price nears its do-or-die point as triangle forms
Brent crude oil price has gone nowhere in the past few months as investors weigh the ongoing demand and supply dynamics. The global benchmark has been stuck at around $85 but there are signs that we c...
GBP/INR forecast: Descending triangle pattern forms
The GBP/INR price came under intense pressure after important forex news from the UK and India. It retreated to a low of 98.71, the lowest level since February 17. The GBP to INR pair has plunged by m...
Perfect head and shoulders forms
The AUD/USD exchange rate drifted upwards on Wednesday after the strong economic numbers from Australia and China. It rose slightly to a high of 0.6750, which was a few points above the lowest point i...
OP forms a double-top pattern
Optimism (OP/USD) price has made a strong comeback as demand for layer 2 scaling solutions rose. The token jumped to an all-time high of $3.27 after the developers welcomed Coinbase to its ecosystem. ...
Band Protocol price forms a small double-top as TVS retreats
Band Protocol (BAND/USD) has pulled back in the past few days as the recent crypto rebound fades. The token retested the important support at $2, which was a few points below the year-to-date high of ...
Cardano price technical analysis as a double-top forms
Cardano (ADA/USD) price made a smooth recovery during the overnight session despite the extremely hawkish Fed minutes. After crashing to a low of $0.378, Cardano bounced back to $0.40 as investors att...
Seeing Machines stock forms an interesting bullish pattern
Seeing Machines (LON: SEE) share price has had a strong recovery this year. The stock jumped to a high of 7.90p in February, the highest level since June 2022. It has jumped by over 47% from its lowes...
USD/CAD forex signal: Symmetrical triangle pattern forms
The USD/CAD exchange rate has risen for three straight days as the US dollar index makes a strong comeback. It also jumped after the relatively encouraging Canadian consumer inflation numbers, which c...
Intel stock price forms a rare pattern as dividend-cut bets rise
Intel (NASDAQ: INTC) stock price has been in a tough spot in the past few months as the company faces numerous challenges in its business. The shares have lost more than half of their value and are tr...
ASX 200 forms rounded top pattern as RBA rate hikes bet remain
Australian stocks drifted upwards on Tuesday even after the country published weak wage growth data. The ASX 200 index jumped by 0.25% even after its Wall Street counterparts like the Dow Jones shed o...
IDS share price forms a triangle pattern amid Royal Mail woes
IDS, Royal Mail’s parent company, has seen its share price stagnate as concern about the company’s future remains. The stock has moved into a deep slumber at around 240p, which is a few points above l...
For Soccer Ventures Acquires Gilt Edge Soccer Marketing, Forms For Soccer
Reigning MLS Cup winners LAFC were valued at $1 billion according to Forbes estimates. Getty Images Just as Canada, Mexico and the United States are coming together to host the 2026 FIFA World Cup wit...
NZD/USD forms a double-top ahead of RBNZ decision
The NZD/USD exchange rate drifted downwards to the lowest level since January 6 after Cyclone Gabrielle and ahead of the upcoming RBNZ interest rate decision. It plunged to an intraday low of 0.6200, ...
USD/INR forms ascending triangle amid Fed, RBI divergence
The USD/INR exchange rate is sitting near its all-time high as a divergence between the Reserve Bank of India (RBI) and the Federal Reserve widened. It was trading at 82.67 on Monday, slightly below i...
The Sandbox forms a partnership with TOEI ANIMATION
The Sandbox is now extremely happy to be teaming with TOEI ANIMATION, an outstanding pioneer in Japanese animation. With this collaboration, they will now work together to create experiences for The S...
TSX index forms inverted H&S as commodity prices sink
Canadian stocks are underperforming their developed market peers as concerns about commodity prices and the country’s economy remain. The blue-chip TSX Composite index closed at $20,606 on Thursday, a...
AGIX Price Prediction: AGIX Forms Bullish Flag, Rises 27.7% in 24 Hours
Join Our Telegram channel to stay up to date on breaking news coverage The SingularityNET ecosystem’s native token, AGIX, has gained significant popularity in the cryptocurrency market, particularly a...
Binance Coin forms golden cross amid SEC settlement hopes
Binance Coin (BNB/USD) price formed a golden cross pattern after the latest news of a settlement with American regulators. BNB rose to a high of $328, which was much higher than this week’s low of $28...
Floki forms an exclusive partnership with Pyth Network
Floki is extremely pleased and takes enormous pleasure in making their formal announcement of having successfully forged an exclusive partnership with the Pyth network. As a result, it will be a joint...
EasyJet share price forms a golden cross after analyst upgrade
EasyJet (LON: EZJ) share price is having a spectacular year as European travel jumps above pre-pandemic levels. It has also jumped after it published spectacular financial results followed by multiple...
US dollar index forms a double-tops ahead of CPI data
The US dollar index (DXY) has formed a small double-top pattern as focus shifts to the upcoming American inflation data. It pulled back to a low of $103.18, which was lower than last week’s high of ne...
Adani share price forms a rare pattern ahead of earnings
Adani Enterprises (NSE: ADANIENT) share price has formed a rare death cross pattern ahead of the company’s earnings. After rebounding to a high of 2,232 INR last week, the shares have tumbled by ~25% ...