Author: forex24pro

XRP/USD complete the trading week at 0.5901 and continue to move as part of the decline and left the bullish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the decline in the cryptocurrency already from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.7355. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the level of 0.2655…

Litecoin LTC/USD ends the trading week at 106.75 and continues to move as part of the fall and left the limits of the bullish growth channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines down. This indicates pressure from the sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bullish price correction and test the resistance area near the level of 115.05. Where can we expect a rebound down…

Bitcoin Cash ends the trading week at 284.08, continues to move as part of the decline. 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 BCH/USD rate forecast for the next trading week, we should expect an attempt to correct the value of the digital asset and test the resistance area near the level of 405.05. From where a rebound is expected again and an attempt to fall the Bitcoin Cash cryptocurrency…

Silver complete the trading week near the area of ​​22.45. Quotes continue to move within the correction and the downward channel. The potential for the formation of the “Triangle” model remains. Moving averages indicate a bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the metal and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the support level near the area of ​​21.95. Further,…

SHIBA INU ends the trading week at 0.00002057 and continues to move within the fall and the downward price 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 SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance area near the level of 0.00003005. From where a rebound down is…

Dogecoin ends the trading week at 0.1393 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 0.1855. From where a rebound down is expected again…

Ethereum is one of the known cryptocurrencies worldwide at the moment. Second, only to the almighty Bitcoin, Ethereum is a very lucrative cryptocurrency that has stood the test of time and is a worthy investment. Many people are trying to invest in this juicy currency, and that’s a great idea. However, there are crucial things that you must know before investing in Ethereum. If you want to invest in this cryptocurrency, you are in the right place. These tips will help you make better investments and maintain your investment. Here are four things you should know and consider before investing…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the bearish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the areas 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 1.1195. As part of the Forex forecast for January 28, 2022, we should expect an attempt to develop a rise in prices and…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. However, already now there are risks of the formation of a “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3428. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines down, 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…

Currency pair Australian Dollar to US Dollar AUD/USD continues 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 currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7094. At the moment, we should expect an attempt to continue the development of…