Dogecoin ends the trading week at 0.1227 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and test the resistance area near the level of 0.1745. From where a rebound down is expected again…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
BNB/USD quotes are trading at 362.90 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bearish trend for Binance Coin. 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 from current levels. At the moment, we should expect an attempt to develop a small correction in the value of the digital asset and a test of the resistance level near the area of 385.55. Where can we expect a rebound down again and…
SOL/USD quotes are trading at 88.96 and continue to move as part of the fall and the bearish channel. The moving averages indicate a short-term bearish trend for Solana. 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 rise in the value of the digital asset and a test of the resistance level near the area of 102.05. Where can we expect a rebound and a continuation of the…
DOT/USD quotes are trading at 16.18 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bearish trend for Polkadot. 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 an increase in the value of the digital asset and a test of the resistance level near the 20.75 area. Where can we expect a rebound down again and a continuation of…
Quotes ADA/USD are trading at 0.84 and continue to move within the fall and the downward channel. The moving averages indicate a short-term bearish trend for Cardano. 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 rise in the value of the digital asset and a test of the resistance level near the 1.02 area. Where can we expect a rebound again and a continued decline in the Cardano…
MATIC/USD quotes are trading at 1.4400 and continue to move as part of the fall. Moving averages indicate a short-term bearish trend for Polygon. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 1.6500 area. Where can we expect a rebound and a continuation of the fall of the Polygon rate again…
AVAX/USD quotes are trading at 75.32 and continue to move within the correction and the downward channel. The moving averages point to a short-term bearish trend for Avalanche. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall 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 85.55. Where can we expect a rebound and the beginning of the…
NEAR/USD quotes are trading at 8.42 and continue to move as part of the fall and left the bullish channel. The moving averages indicate a short-term bearish trend for the NEAR Protocol. 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 the resistance level near the 10.55 area. Where can we expect a rebound and a…
Currency pair Pound Yen GBP/JPY completes the trading week near the level of 154.62. The pair continues to move within the correction and the bullish channel. A reversal pattern “Head and Shoulders” is also formed here. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from currency buyers and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to continue rising prices and a test of the resistance area near the level of 155.05. Further, a rebound down and an attempt to…
Currency pair Euro Yen EUR/JPY completes the trading week near the level of 129.19. The pair continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from currency sellers and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to raise the price and test the resistance area near the level of 131.05. Further, a rebound down and an attempt to continue the fall of the pair…