Technical Analysis

Toward previous March trade cycle, bears succumbed to ending a declining move that eventually led to making the moving averages to cross back northward, breaking through 45 lines in the Lloyds Banking Group Plc (LSE:LLOY), as the price sets a bullish path, averaging 65. The market lines have been maintained a continuous moving order, traders […]

The Ethereum price experienced a significant bounce off the descending trendline, which was acting as the boundary of the parallel channel on the daily chart. This movement resulted in a surge, propelling the price into the $3375.0 supply zone. in June, the price retraced to the $3041.0 demand zone, filling the fair value gaps that […]

It has showcased that bears have reached an end of pushing against bulls in the exchange lines of Shield Therapeutics Plc (LSE:STX) , given that the stock market now sets a hike path, attempting a rise process. Based on the analytical approach as of this time, a strong bullish candlestick is forming to show that […]

BTCUSD is currently bullish, nearing the significant resistance zone of $71,213. This resistance level has proven extremely challenging for buyers to overcome since their first attempt in March. The buyers have tested this zone five times so far. The current attempt appears somewhat unique, as the price first dipped to the demand zone of $52,884. […]

zkSync Era burst onto the scene as a promising Layer-2 solution for Ethereum, offering the allure of enhanced scalability, lower fees, and a developer-friendly environment. The launch of its native token, ZK, sent the market into a frenzy of airdrop farming, only to be followed by a swift sell-off. While the team behind zkSync, Matter […]

Recently, a bullish pathway surfaced in the activities of Zephyr Energy Plc (LSE:ZPHR) while the market strives to approach the resistance line at 6 before now suffering a reversal move, following a rise in the stock trades. By reaching a lower value of about 4, the lowering force on the correction mode has had an […]

Coinbase’s Layer 2 network, Base, is experiencing a meteoric rise in Decentralized Exchange (DEX) activity. With a staggering 53% surge in DEX users within the last 24 hours, Base boasts a record 267,000 active users, eclipsing Binance Chain’s 154,000. This explosive growth positions Base as the potential runner-up in the DEX user race for the […]

Bitcoin has made multiple attempts since March to rise beyond $71,500.0. The failure on the fifth attempt in June sent the price searching for support. Subsequently, the price dipped towards the bullish order block at $53,000.0. Buyers appeared to have regained their momentum, as evidenced by the presence of a hammer candle on July 5, […]

The Ethereum (ETH) price recently reached a support zone at $2,890.0  after forming a head and shoulders pattern at the $4,085.0 resistance zone. The prior downward trend in March and April ceased at the same support level of $2,890.0. During this period, the price tested the downward channel trendline at the support zone, creating a […]

A line of price actions has formed a peak session between 70 and 72.5 points in the exchanges of Reliance Industries Ltd. (LSE:RLI) as the stock market succumbs to a reversal, attempting a base formation toward the line of 65. Should the movements continue to pick up steam after crossing the 65-point barrier, the market’s […]