On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control tr...
Tag: Weakens
Cosmos (ATOM) Price Bounces But Momentum Weakens
The Cosmos (ATOM) price broke down from an ascending support line, indicating that the upward movement in place for more than a month has ended. ATOM is the native token of the Cosmos ecosystem. The A...
Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation is cooling off, opening the door for the Federal Reserve to stop raising interest rates soo...
Ripple [XRP] market weakens, but short traders can benefit at these levels
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. XRP weakened as BTC struggled to maintain its val...
Filecoin [FIL] market weakens, but investors can still profit here
FIL faced price rejection at $3.024. A possible price recovery could set FIL to settle at $2.951. A break above $3.024 will negate the above forecast. Filecoin (FIL) rallied on 20 December, recording ...
Casper’s bear weakens, bulls to takeover- holders may witness transition
Prices in bearish swing for a month. Price rise expected after a slight drop. The volume varies by 22% amounting to $4.5 million. A month has passed since FTX crumpled, and the market was pushed off t...
Cardano [ADA] market weakens, but investors can still profit at this level
ADA was in a strong bearish market structure. The coin could drop to $0.2963, as trading volume and active addresses declined. A candlestick close above $0.3026 will invalidate the above forecast. Car...
NASDAQ-100 Weakens Further: A Price Chart Analysis
Nasdaq, Nasdaq-100, Apple, growth getty AppleAAPL , MicrosoftMSFT and AmazonAMZN are the 3 biggest components of the NASDAQ-100 Index and it’s been months since any of them have seen higher highs. Inv...
As Citigroup Weakens, Here’s What the Charts Say Is Next for the Stock
Shares of Citigroup (C) have weakened in the past year and the selloff does not look over yet. Let’s check out the charts and indicators on the banking giant. In the daily bar chart of C, bel...
StockStock Market Weakens At Midday As It Awaits Powell Speech; This IBD Index Outperforms
The stock market weakened at midday Tuesday, sending the main indexes near the day’s lows. An apparent easing of Covid restrictions in China could not offset the stock market’s apprehensio...
Analyst Predicts Major Move for One Altcoin, Says Crypto Markets Primed for a Bounce as US Dollar Weakens
A closely followed crypto analyst is calling for rallies in one Ethereum-based altcoin and predicting an overall move in the digital asset markets on the back of a weaker US dollar. The pseudonymous a...
Ethereum price weakens near key support, but traders are afraid to open short positions
Ether (ETH) has been stuck between $1,170 to $1,350 from Nov. 10 to Nov. 15, which represents a relatively tight 15% range. During this time, investors are continuing to digest the negative impact of ...
Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
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XRP Sees Third Consecutive Week of Institutional Capital As SEC Case Against Ripple Weakens: CoinShares
A leading digital assets manager is reporting that institutional investors have been buying up XRP for the last three consecutive weeks. In its latest Digital Asset Fund Flows Weekly report, CoinShare...
Bitcoin Rally Weakens as US Dollar Rises in Fed Week
A rebound in the US dollar index reflects traders’ hopes of Fed pivoting in the week’s interest-rate decision, but Bitcoin remains underbid. Bitcoin showed an impressive performance last week as the f...
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Fresh data from TradingView financial visualization platform shows that the crypto market is witnessing a strong rally currently. Bitcoin finally surged above the $20,000 price level on Tuesday, Octob...
Should you buy or sell gold as the US dollar weakens?
Gold failed investors during the COVID-19 pandemic and this year too. A traditional hedge against inflation, it did not act as it should have, given the surging worldwide inflation and the depressing ...
Terra LUNA and Luna Classic (LUNC) Price in Trouble, Support Weakens
Terra (LUNA) price has completed a corrective movement and could soon break down from its corrective pattern. Luna Classic (LUNC) price has been decreasing underneath a descending resistance line sinc...
PVC Piping Prices Are Dropping as Housing Market Weakens
Text size PVC piping is made from ethylene, a petroleum product that Occidental Petroleum produces. Dreamstime.com As rising interest rates interest rates pummel the housing market, the ripple effects...
BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin News
Following a red start to October, crypto prices moved marginally higher during Monday’s session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar beg...
UK investors turn to Bitcoin as GBP weakens, new data shows
As the British pound continues to weaken against the rampant United States dollar, investors seem to be turning to Bitcoin (BTC) to maintain stability. Investors’ preference for flagship cryptocurren...
Bitcoin Trading Volume Explodes Against British Pound as Currency Weakens
As the British pound rapidly weakens against the U.S. dollar, trading volume for the BTC/GBP pair has been skyrocketing. Data from Bitfinex and Bitstamp shows that volume was more than 1,100% above i...
The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin
Ethereum’s native token Ether (ETH) has been forming an inverse-cup-and-handle pattern since May 2021 on the weekly chart, which hints at a potential decline against Bitcoin (BTC). ETH/BTC week...
Cosmos (ATOM) Looks Set for Steep Correction as Support Weakens
Cosmos (ATOM) is very close to breaking down from a corrective pattern that has been in place since June 18. Doing so would likely accelerate the rate of decrease. The daily chart shows that ATOM has ...
Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment
“Our short-term [bitcoin] indicators are mixed, but a greater loss of short-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,R...
Bitcoin Up, Stocks Down as BTC Correlation to Nasdaq Weakens
While the crypto and stock markets both remain bearish, Bitcoin’s correlation with stocks is close to its lowest point this year. The 40-day correlation between the largest cryptocurrency and the Nasd...
Gold Price Futures (GC) Technical Analysis – Rebounding into Close as US Dollar Weakens
Gold futures are inching higher late in the session on Friday after recovering from an early loss. The move was fueled by an intraday break in the U.S. Dollar as traders sold out of safe-haven positio...
Bitcoin Exchange Supply Goes Low as Accumulation Weakens and Price Goes Below $20K – crypto.news
According to a recent analysis by Santiment, the supply of Bitcoin on various exchanges has dropped significantly. The insight suggests that some people stuck with the cryptocurrency during the recent...
EUR/USD Forex Technical Analysis – Weakens Under 1.0519, Strengthens Over 1.0571
The Euro fell to a three-week low against the U.S. Dollar on Friday, after U.S. government data revealed U.S. consumer prices accelerated in May. The news drove Treasury yields and the dollar sharply ...