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Author: Michael Stern
Last Updated: 20 November 2022
2022 is considerably a dismal year for tech stocks. This leads the stock market lower. What’s more, NASDAQ Composite even reached the critical support area, making investors more meticulous. The index trades within the rising trend channel that is marked by each 1. In late 2021, it hit the channel’s top and continuously fell. But […]
Author: Michael Stern
Last Updated: 20 November 2022
Since October, the German DAX Index’s sharp 20% gain suggests no changes in the medium-term bullish fortunes. That is despite losses this year. But given the overbought conditions, the index could slightly retreat in the short-term. The Index held very strong converged support in September on the weekly charts. This results in a 50% retracement […]
Author: Michael Stern
Last Updated: 20 November 2022
The inflation report on Tuesday boosted the equities, showing producer prices with an 8% increase in the 12 months through October versus the 8.3% estimated increase. On Tuesday, it was confirmed that stocks had resumed the inflation-driven rally. This occurred after another report signaled a possible slow price increase. The tech-heavy Nasdaq Composite advanced 1.45% […]
Author: Maria Andretti
Last Updated: 20 November 2022
On Friday, most Asian stock markets rallied after the US inflation data speculated a less aggressive interest rate outlook, while China’s COVID pivot resulted in gains in the local markets. The authorities have shortened the inbound travelers’ and residents’ quarantine times. They have also scuffled a penalty on airlines that brought infected passengers in. Although […]
Author: Maria Andretti
Last Updated: 20 November 2022
Ethereum (ETH) has become a crypto asset with substantial accomplishments since it was listed for the first time. The token has not just become one of the famous crypto assets globally, but its network is also deemed as an incredible network with a lot of amazing features like decentralized apps, smart contracts, and now, trendy […]
Author: Michael Stern
Last Updated: 20 November 2022
Shiba Inu (SHIB) and Dogecoin (DOGE) have crashed by double digits in the past seven days. The last twenty-four hours have also noticed its price fall by double digits after posting a twelve percent fall. During this period, its rivals Centcex (CENX) and Bitgert (BRISE) have been quite stable in the market. Technical Analysis Are […]
Author: Maria Andretti
Last Updated: 20 November 2022
The crypto market crashed so hard lately due to the FTX bankruptcy issue, which ruined the confidence of many investors. Many crypto assets lost at least ten percent in the past days as Bitcoin slipped under $16,000. Ripple is also fighting its own SEC war while its XRP token crashes along with the crypto market. […]
Author: Maria Andretti
Last Updated: 20 November 2022
The price of Bitcoin is now under $17,000—the first time that the asset fell that low since November 2020. It has been a volatile week for cryptocurrency assets, as the market responds to the news that one of the largest and major exchanges in the universe, FTX, was seemingly bankrupt. The globe’s biggest digital asset […]
Author: Jeffrey Taylor
Last Updated: 17 November 2022
Bitcoin, ethereum and crypto prices have tanked since the beginning of the month. This is due to the FTX collapse which has spark market panic. The bitcoin price has crashed under $17,000 per bitcoin this month, falling to lows not seen for two years. Meanwhile the ethereum price has lost 75% since hitting an all-time […]