Author: forex24pro

BTC/USD are trading at 45480 and continue to move as part of the rise and the bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $853,558,505,338. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of ”Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, August 11, 2021, we should expect an attempt to develop a correction in the value of a…

Ethereum are trading at the level of 3123.25 and continue to move as part of the rise and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $368,933,109,482. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the 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 support level…

XRP/USD are trading at 0.8059 and continue to move as part of the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $38,707,424,618. Moving averages indicate a short-term sideways trend in Ripple. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level near the…

Stock index S&P 500 continue to move as part of the rise and the beginning of the development of the ”Triangle” model. Moving averages indicate a short-term uptrend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 4424. At the moment, we should expect an attempt to develop a decline and test the support level near the 4415 area.…

LTC/USD are trading at 162.52 and continue to move within the growth and bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,967,288,690. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 150.05 area.…

Apple continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a short-term bullish trend for Apple. Prices are retesting the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 146.15. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 144.05 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area above…

Cardano are traded at 1.5633 and continue to move within the rally and the bullish channel. The capitalization of the Cardano cryptocurrency at the time of the publication of the forecast is $50,261,077,697. Moving averages indicate a short-term bullish trend for Cardano. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 1.5205…

DOT/USD quotes are trading at 20.87 and continue to move within the growth and bullish channel. The capitalization of the Polkadot cryptocurrency at the time of the publication of the forecast is $20,542,548,079. Moving averages indicate a short-term bullish trend for Polkadot. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 19.85…

XLM/USD are trading at 0.3066 and continue to move as part of the rise and the formation of the ”Triangle” pattern. Cryptocurrency capitalization of Stellar at the time of the publication of the forecast is $7,218,022,126. Moving averages indicate a short-term bullish trend for Stellar. Prices went up from the area between the signal lines , which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels.At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1760 area. The pair continues to move within the correction and completion of the large “Head and Shoulders” reversal pattern. As you can see, prices are once again trying to gain a foothold under the “Neck” line. Once the bears are able to break through this support area, it is worth considering a serious drop in the currency pair. Moving averages indicate a bullish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and…