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GBPJPY Analysis – September 16 GBPJPY breaks out after an extended period of ranging through a descending triangle system. The consolidation in the triangle system is a result of a second backlash from the bears. This backlash was triggered when the buyers broke several barriers to rise to 167.810. Since the market was halted at […]
Recent reports show that an amendment for Automated Market Maker (AMM) has been proposed on the Rippled (Ripple) codebase. Reports show that the AMM amendment was introduced by Ripple CTO David Schwartz and RippleX’s head of research, Aanchal Malhotra. The proposed amendment will allow Ripple users to deposit, withdraw, and govern on an AMM Instance […]
DeFI Coin Price Forecast: September 6 The DeFi Coin price forecast indicates that the DEFCUSD is set to return to its initial price at $0.07800 after the market retested the supply zone at $0.7050. This recent move is seen as a bid to generate more power as the market continues its climb on the price […]
DeFI Coin Price Forecast – August 26 The DeFI Coin price forecast shows that the market is about to retest the price level at 0.07460 to gain as much momentum as possible to continue its current uptrend. The market is ready to break the $0.07550 price level that it held on the 22nd of August. […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in an uptrend but resumes selling pressure after a retest at level 7498. UKX has reached the overbought region of the market. UKX is retracing after rejection from the recent high. The index has fallen above the 21-day […]
DeFI Coin Price Forecast – August 22 DeFi Coin price forecast anticipates a pump in price from the support level to hunt for liquidity at $0.07590. The market created large gaps of market inefficiency on the 22nd of July. The bulls are expected to retrace higher to mitigate the region of the market’s inefficiency. DEFCUSD […]
Uniswap Price Analysis – August 18 When the support level of $8.1 is broken downside, the price level may decrease to $6.0 and $4.5 support levels. In case the bulls were able to defend the support level of $8.1, Uniswap may bounce up towards the resistance levels of $9.7, $12.4 and $13.6. The Relative Strength […]
DeFI Coin Price Forecast – August 15 The DeFI Coin price forecast is that the market will drive again towards the $0.147500 supply level with the aim of violating the level at the third attempt. DEFCUSD Long-Term Trend: Bullish (1-hour Chart) Key Levels:Supply Zones: $0.147500, $0.138900Demand Zones: $.131700, $0.122000After an initial setback, DEFCUSD has the […]
DeFI Coin Price Forecast – August 5 DeFI Coin price forecast is bullish. The market has experienced a change of character (CHoCH) at the major demand level of $0.0800. The price is currently rising towards the supply level at $0.1560. DEFCUSD Long-Term Trend: Bullish (1-hour chart) DEFCUSD Significant Levels:Supply Level: $0.1560, $0.1370Demand Level: $0.1100, $0.0800DeFI […]
Silver Weekly Price Analysis – June 23 In case the bears penetrate the support level of $ 21.25 the support level of $ 20.45 may be reached and there is a possibility that $ 19.8 level may be tested. Should the bulls defend the support level of $ 21.25, price may reverse and face the […]
