Bitcoin, Ethereum, and other major cryptocurrencies crashed, wiping around $100 billion from the combined crypto market. At press time, the global cryptocurrency market cap dropped by more than 7% to ...
Tag: NearTerm
What are the chances of Bitcoin [BTC] retesting $42k in near-term
Bitcoin’s price has been on a downtrend for more than a month. However, the price action since 18 April seems to have formed a bullish pattern, suggesting that an uptrend is on the horizon for BTC. Th...
Amazon Stock Plunges On Surprise Q1 Loss, Weak Near-Term Outlook
Updated at 5:42 pm EST Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted a surprise first quarter loss Thursday, thanks in part to a $7.6 billion write down on its investment in EV maker R...
Why SAND’s near-term trajectory could depend on this level
After the 38.2% Fibonacci resistance refuted the recent bull run, the sellers navigated the trend in their favor by sinking the price toward the $2.5 base. This has impacted the buyer’s ability to off...
Charts suggest near-term market pain may be over
CNBC’s Jim Cramer said Tuesday that the market will likely move sideways instead of experiencing a monster rally when it recovers, leaning on analysis from DeCarley Trading market strategist Car...
Near-Term Headwinds Won’t Derail Long-Term Growth, Says Analyst
For a company with a market cap around the quarter of a trillion mark, Alibaba (BABA) stock’s one-year performance resembles that of a small-cap. Over the past 12 months, the shares have lost 60% of t...
Macro Analyst Lyn Alden Says Near-Term Outlook for Bitcoin (BTC) Very Uncertain – Here’s Why
Macro guru Lyn Alden says that a new economic variable is making it more difficult to predict the price of Bitcoin (BTC) over the next six months. In a new interview on Kitco News, Alden says that the...
Block Inc. sends some signs of near-term gains but investors should be skeptical. Here is why
Block Inc. (NYSE:SQ) is trading at $128 with a PEG ratio of 6.10. The expected EPS growth is 21.17%, as the company expects to see revenue gains. However, Block Inc. continues to face challenges in th...
LOOKS like the near-term was good, but here’s what coming
Crypto-bulls are back while the NFT market is still going strong. LOOKS, the cryptocurrency native to the LooksRare NFT platform, is one that traverses both segments. LOOKS, at press time, was trading...
Here’s how a near-term revival can play out for Avalanche investors
After observing an unrestrained up-channel (yellow) rally for over three months, Avalanche (AVAX) poked its ATH on 21 November. Since then, it has been on a decline while losing the vital $79-mark. W...
Litecoin’s will leave its near-term trend behind, but only after…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s (LTC) previous rally saw decent gains that halted at th...
Deutsche Bank has no near-term plan to exit Russia
The corporate world, in recent weeks, has been pulling out of Russia in response to Putin’s military operation in Ukraine, but Deutsche Bank AG (NYSE: DB) seems to have a different stance. Deuts...
Few reasons why there’s more to Ethereum Classic’s near-term recovery
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic (ETC) continued its plunge down the price charts...
XLM could see a near-term revival based on these key levels
Ever since Stellar (XLM) lost the $0.3 resistance (previous support), the alt has swiftly declined towards its long-term support at the $0.16-level. From here on, any close above the $0.1737-mark woul...
Cardano: Assessing the odds of ADA’s near-term price revival
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Since hitting its ATH, Cardano (ADA) has downturned and practicall...
SAND’s ‘historical tendency of reversing’ has these near-term effects
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice As SAND approached the $4.8-mark, it repeated its historical tende...
Will there be any surprises for Cardano’s near-term recovery
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano (ADA) has been on a long-term downtrend since it hit its A...
This is a crucial range to determine Axie Infinity’s trend in near-term
Since attaining its ATH on 6 November, Axie Infinity (AXS) commenced its downtrend and parallelly declined while piercing through the vital price points. From here on, any close below the 20 EMA would...
Bitcoin metrics demand BTC price gains as analysis calls for ‘near-term caution’
Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand. In its latest market update on Feb. 11, trading suite Decentrader voic...
Here’s what’s next after the latest near-term range lows for ATOM
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cosmos‘ native token ATOM has been on a downtrend over the past we...
Bitcoin Resumes Decline, Why Bulls Might Struggle In Near-term
Bitcoin failed to test the $40,000 resistance zone against the US Dollar. BTC is now declining and might slide towards the $36,000 support zone. Bitcoin started a fresh decline after it failed to clea...
American Express Sees Crypto as Asset Class — Says It’s Not a Near-Term Business Threat – Featured Bitcoin News
American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its busines...
When no stock-market lead is safe, here’s what history shows the Nasdaq’s near-term returns look like (it’s not pretty)
Rallies are getting squashed and no lead appears to be safe for the stock market in recent trade. In fact, the Nasdaq Composite COMP, -1.30%’s intraday reversal on Thursday — when it was up 2.1% at it...
Here’s what history says about the Nasdaq Composite’s near-term returns after closing below its 200-day moving average
The Nasdaq Composite Index notched its first close below a closely watched, long-term trend line since April of 2020, and investors may be wondering how the benchmark tends to perform in the near to i...
Third wave is expected to slow near-term economic growth
Covid lab technicians in India on Friday Jan. 7, 2022. Bloomberg | Bloomberg | Getty Images India is experiencing a third wave of Covid infections — while its overall impact is expected to be less dis...