Author: forex24pro

BTC/USD are trading at 35522 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 $676,119,100,792. 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 rate forecast for tomorrow, February 25, 2022, we should expect an attempt to develop…

Ethereum are trading at 2394 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $291,508,871,397. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines, 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 value of the coin and a test of the resistance…

XRP/USD are trading at 0.6337 and continue to move as part of the fall and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $30,884,087,900. 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…

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 4123. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4255 area. Where should…

LTC/USD are trading at 94.66 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 $6,683,354,691. 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 0.1119 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. 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 a digital asset and a test of the resistance level near the 0.1275 area. Where should we expect a rebound down again and a continuation of the fall…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002176, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from the 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…

Stock index Dow Jones continue to move as part of the fall and the bearish channel. 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 32272. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of ​​32805. Where…

BNB/USD are trading at 336.29 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 down 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 350.05 area. Where can we expect a rebound and a continuation of the fall…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the formation of the “Triangle” model. 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 1.1314. As part of the Forex forecast for February 24, 2022, we should expect an attempt to develop a rise…