Tag: Downtrend
NZD/USD – Soc Gen say to watch 0.6010/0.6060 for signal to continue downtrend
Société Générale on the New Zealand dollar. Analysts at the bank say the recent interim NZD/USD low "near the lower limit of a multi-month down slopin [...]
Bitcoin (BTC) Technical Outlook – Long-Term Downtrend Remains in Play
Bitcoin (BTC) Charts and Analysis:Macro fundamentals continue to control Bitcoin’s price action.The odds of a breakout are shortening.
Recommende [...]
Gold Steady Under $1,665 – Downward Trendline to Drive Downtrend
The gold price is trading at $1,655, following a strong surge. The gold price is undergoing a healthy pullback in the Tokyo session. As the bearish bi [...]
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
$20,000 is no longer support. $100,000 didn’t happen. The Bitcoin halving is 562 days away.Bears simply refuse to release their vice grip on the marke [...]
Should You Be Buying the Theta (THETA) Downtrend?
Now hovering close to the crucial $1.00 (THETA/USD) level, cryptocurrency coin Theta Network (THETA) is experiencing a bearish trend. This coin has fa [...]
An outlook on the Web3 industry during the downtrend
By the end of May, Bitcoin’s (BTC) price had dropped 40%, Ether (ETH) had lost 50% of its value, and the entire crypto market dipped below its $1-tril [...]
Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month
May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but [...]
Bitcoin Downtrend Stabilizes; Resistance at $40K-$43K
Bitcoin (BTC) is set for choppy price action, although upside appears to be limited as momentum slows. The cryptocurrency could remain in a trading ra [...]
Bitcoin Downtrend Intact; Support at $37K
Bitcoin (BTC) is on watch for a decisive breakout or breakdown from its three-month range this month. The cryptocurrency has experienced a loss of ups [...]
Gold Steady Under $1,900 – What Could Drive Further Downtrend?
The price of gold (XAUUSD) has fallen below $1,890.00 as the US dollar index (DXY) has risen in response to increasing expectations of a moderate rate [...]
EUR/AUD Downtrend in Focus Amid Hawkish RBA Potential
Euro, Australian Dollar, EUR/AUD, Europe, Russia, Australia – Analyst PickEuro may remain vulnerable against the Australian Dollar Q2EUR/AUD Ascendin [...]
Is EUR/GBP Breaching the Downtrend?
EUR/GBP has been bearish since September 2020, reversing from around 0.95 to 0.82, with the 200 SMA (purple) acting as resistance during this time. Th [...]
Bitcoin Downtrend Intact, Recession Fears May Weigh
"We're still in a downtrend market. Bear market rallies tend to be extreme. Until we break out of the down trendline, it's hard to say the bull market [...]
3 reasons why Lido DAO Token could be on the verge of breaking its downtrend
Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is h [...]
Bitcoin Downtrend Persists; Support at $30K
Bitcoin (BTC) remains in sell-off mode, evidenced by a loss of upside momentum. The cryptocurrency is 45% off its all-time high near $69K, and could f [...]