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Technical Analysis

Base DEX Explodes in Popularity, Surpasses Binance Chain in Active Users

Jul 23 2024 @ 07:53
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 Price Approaches Major Resistance Zone

Jul 22 2024 @ 12:34
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, […]
 

ETH/USD Establishes a Successful Change of Character

Jul 22 2024 @ 12:00
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 […]
 

Reliance Industries Price: RLI Succumbs to a Reversal, Attempting a Base Formation

Jul 22 2024 @ 07:16
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 […]
 

Nigerian Crypto Users Face Deadline as OKX Exits Market

Jul 22 2024 @ 06:36
In a surprising move, cryptocurrency exchange OKX announced it would be discontinuing all services in Nigeria, citing “recent changes in local laws and regulations.” This decision follows OKX’s suspension of Naira withdrawals in May 2024, which coincided with the Nigerian government’s accusations against another major exchange, Binance, regarding alleged currency...
 

Earn on Your Crypto: The Best Crypto Lending Rates

Jul 22 2024 @ 04:42
Looking to turn your crypto holdings into passive income? Crypto lending platforms offer a way to earn interest on your digital assets, similar to a traditional savings account. This guide explores the top crypto lending rates available (as of July 2024) to help you maximize your returns. What is Crypto Lending? Crypto lending is like […]
 

Minoan Group Price: MIN Steps Down, Rebuilding a Baseline

Jul 20 2024 @ 07:43
Bears appear to consolidate further declines in the business activities of Minoan Group Plc (LSE:MIN), given that the stock market’s price now steps down, making an effort toward rebuilding a baseline above 0.5. As of this analysis, falling moves in the shares are somewhat significant until it is potentially going to be nullified while a […]
 

Solgold Plc Price: SOLG Sees an Upsurge, Attempting a Correction

Jul 19 2024 @ 08:05
Significant range-bound zones have been established to have been the trending forces between buyers and sellers as regards the operations of Solgold Plc (LSE:SOLG), as the stock market sees an upsurge at the upper range spot, attempting a correction. There are 10 and 8 value lines indicating the range-bound venues. For the moment, shares that […]
 

Pennpetro Energy Price: PPP Bounces, Facing a Correction Below 4

Jul 18 2024 @ 10:02
It has been presently observed that bulls are having domineering power against bulls in the exchanging lines of the Pennpetro Energy Plc stock market (LSE:PPP), as the situation now witnesses a bounce before facing a correction below 4. There are indications from the candlestick that is now displaying the activity of buyers and sellers that […]
 

Great Western Mining Corporation Price: GWMO Swings High, Touches 0.05

Jul 18 2024 @ 05:16
Over a couple of sessions in recent past trade activities, the selling trend managed to extend effects to around the point of 0.04 before the Great Western Mining Corporation Plc (LSE:GWMO) managed to currently swing high after touching a point of 0.05. Now reversing and heading towards its bottom, a strong bullish candlestick has developed. […]
 
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