archiveTechnical Analysis

Pi Network (PI) recovers by 1% at press time on Wednesday after six consecutive bearish candles. The technical outlook indicates a bearish inclination in the days leading up to July’s biggest token unlock, while sentiments remain muted following the Pi2Day announcements.  Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of weakness mid-week as bullish momentum continues to fade. BTC extends its decline to trade below $106,000, while ETH and XRP slip below their key support levels, raising concerns of a deeper correction on the horizon. If BTC continues to face a pullback...

EUR/USD fluctuates in a narrow channel above 1.1700 on Monday.The near-term technical picture suggests that the bullish bias remains unchanged.Comments from central bankers could trigger the next big action in the pair.EUR/USD seems to have entered a consolidation phase above 1.1700 on Monday following the previous week's impressive rally. Euro PRICE This month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -2.95% -1.39% 0.13% -0.98%...

AUD/JPY consolidates for third day but lifts 0.21% as high-beta FX gain on peace news.Trump confirms full ceasefire between Israel and Iran via social post.Pair eyes June high at 94.83; break above 95.00 could expose 97.32 and 99.15 YTD peak.The AUD/JPY consolidates within the 93.80-94.70 range for the third straight trading day, yet it is slightly up 0.21%, trading at 94.35 as Tuesday’s Asian session begins.Breaking news revealed that US President Donald Trump posted on his social network that Israel and Iran had fully agreed to a total ceasefire, which...

Hyperliquid (HYPE) sustained a 6% decline on Tuesday despite Nasdaq-listed Eyenovia's (EYEN) announcement that it entered a securities purchase agreement to offer up to $50 million of its shares to establish a HYPE treasury. The company announced that it has entered into a securities purchase agreement for a $50 million private placement in public equity offering (PIPE) with accredited investors. The company plans to use the funds to establish its Hyperliquid treasury. Bitcoin price declined sharply, falling from the June 10 open of $110,274 to the June 11 close of $105,671,...

Litecoin (LTC) is showing signs of weakness on Thursday as it fails to break above its key resistance level. The price action emerges as a classic dead-cat bounce pattern, which favors bears. The technical outlook suggests that sidelined traders looking to short LTC could consider entry points between $93 and $95 in anticipation of the price resuming its downtrend. Additionally, the bearish sentiment is building among traders, with short positions in the derivatives market reaching their highest point in over a month. Ethereum (ETH) briefly moved above $2,850 on Wednesday...

Decentralized Finance (DeFi) tokens surge after Paul Atkins’ speech, with Uniswap (UNI), XDC Network (XDC), and Jito (JTO) posting double-digit gains as top performers in the last 24 hours. Uniswap edges lower by over 4% at press time on Wednesday after a spectacular performance of a 26% surge to close a bullish engulfing candle the day before. With a brief pause at $8.67, a three-month high, UNI reverses from the $8.70 supply ceiling to take a breather.  Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing early signs of strength as BTC is nearing...

XRP's uptrend shows signs of faltering, suggesting trader exhaustion and potential profit-taking.Ripple enhances investment in the Asia-Pacific region with $5 million in additional funding to support blockchain innovation.A 5% increase in the derivatives market's Open Interest and a spike in trading volume to $5.2 billion suggest growing bullish sentiment.Ripple (XRP) is slowly losing its grip on the uptrend printed on Monday, following last week's sell-off, triggered by the public spat between United States (US) President Donald Trump and Tesla's CEO Elon Musk. Meanwhile, the cross-border money remittance token hovers at...

EUR/USD loses traction and trades slightly below 1.1400 on Tuesday.US-China trade negotiations are set to continue in London.The pair could gather bearish momentum if 1.1360-1.1350 support fails.EUR/USD stays on the back foot in the European morning on Tuesday and trades slightly below 1.1400 after posting marginal gains on Monday. Growing optimism about the United States (US) and China resolving the trade dispute helps the sentiment around the US economic outlook improve and supports the US Dollar (USD). Euro PRICE Today The table below shows the percentage change of Euro (EUR)...