Author: forex24pro

BTC/USD are trading at 38256 and continue to move as part of the fall and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $721,955,077,004. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of ”Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency exchange rate forecast for tomorrow, March 1, 2022, we should expect an attempt to…

Ethereum are trading at 2636 and continue to move within the correction and the downward channel, there is a potential for the formation of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $313,871,451,189. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction in the…

XRP/USD are trading at 0.7200 and continue to move within the correction and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $34,577,019,851. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and a test…

Stock index S&P 500 continue to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 4322. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4385 area. Where should…

LTC/USD are trading at 103.57 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $7,191,895,812. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of…

DOGE/USD are trading at 0.1238 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the 0.1305 area. Where can we expect a rebound down again and a continued fall in the Dogecoin rate…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002380, they continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall from the current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a correction in the value of a…

Stock index Dow Jones continue to move as part of the growth and the beginning of the development of the bullish “Wolfe Wave” model. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 33710. At the moment, we should expect an attempt to develop a correction and test…

BNB/USD are trading at 369.59 and continue to move as part of the correction and descending channel. The moving averages indicate a short-term bearish trend for Binance Coin. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance level near the area of ​​375.05. Where can we expect a rebound and a continuation of the fall…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.1206 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1345. Where is the expected rebound and continued fall of the Euro Dollar. The potential target…