BTC/USD are trading at 42752 and continue to move as part of the correction and the formation of the “Triangle” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $808,162,964,404. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the fall in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, March 24, 2022, we should expect an attempt to develop…
Author: forex24pro
Ethereum are trading at 3028 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $361,687,748,260. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken through the areas between the signal lines up, which indicates pressure from buyers and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the coin and a…
XRP/USD are trading at 0.8358 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $40,343,645,960. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth of the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction…
Stock index S&P 500 continue to move as part of growth and have left the limits of the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4480. At the moment, we should expect an attempt to develop a correction and test the support level near…
LTC/USD are trading at 122.32 and continue to move as part of the growth and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $8,529,561,358. Moving averages indicate a short-term bearish trend for Litecoin. 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 the digital asset and a test of the resistance level near…
DOGE/USD are trading at 0.1251 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have gone up from 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 an increase in the value of the 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 0.00002391, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop the growth in the value of a digital asset and a test of…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0979. As part of the Forex forecast for March 23, 2022, we should expect an attempt to…
Currency pair Pound/Dollar GBP/USD continues to move as part of a bullish correction and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3137. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against the US Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of growth and a bullish channel. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7387. At the moment, we should expect an attempt to develop the pair’s rise and test the resistance…