This area is holding up quite well for now. Also, the crypto market is currently slightly buoyed by optimism in the stock market. Over the weekend, Goldman Sachs set a target of 5100 for the S&P 500 within 12 months, indicating more than a 10% growth. Therefore, at this moment, it would be challenging for bears to reach the 38500 level to close the gap, although I...
The past two Sundays have been pivotal in determining the week's market trends (I've highlighted these movements on the chart with circles). Lately, there's been a trend to push the market in a specific direction during periods of low liquidity, like on weekends. It's intriguing to watch the current situation, there’s a feeling that they might push it upwards. Let’s see
Also today we expect new inflation data from the US, the publication of PPI (Producer Price Index). The event is equal in importance to yesterday's CPI (Costumer Price Index), no doubt it can have a serious impact on the market. The expected figure is -0.1%, a value higher than expectation will negatively affect the crypto market, a lower value will be positive...
As you know, there are a lot of fundamental events this week. Current week will be very volatile. But we should not expect any sharp movements today, everyone is afraid of the US inflation report, which will be released tomorrow at 12:30 GMT and until that time, I think the market may twitch in both directions but will return to the channel, as it happened a few...
US GDP data will be published at 12:30 GMT. The market decided to wait for these data yesterday before moving towards breaking through 28000 or 31000. At the moment, the scales are already more inclined towards breaking through 31000, since much of what was published yesterday has already been priced in. But it will finally become clear after the publication of...
The situation with LUNA reminds me the situation with Shiba. People do not pay attention to the market capitalization of the coin, etc., they just think that 1 cent is real and that’s all. This is a kind of psychological factor. Buying a coin for a $100 or several thousands coins for $100. .. Luna currently has a market capitalization of 2 billions. If we assume...
As I said, they broke a little upward and began to decline in the American session. In the Asian session, temporary signs of growth are possible, but the movement will remain bearish.
The US inflation data sent the market up, but not for long time. Labor market data will be published soon and I expect the opposite market reaction. And before the data is published, growth is possible before the start of American session.
Shiba inu ending december according to my forecast. Subscribe to promptly receive information about forecasts. I will soon publish forecasts for January and 2022. December forecast for n related posts.
Here is the Shibainu forecast, as I see the movement of the coin during December, and below is the argumentation and explanation. As I wrote in the forecast for November, which turned out to be correct, Shiba should be compared with other meme coins, and not with Bitcoin, Ether and other steadily growing cryptocurrencies. Shiba is not the first meme coin, so we...
Ether also played back absolutely all yesterday's losses. My prediction of the end of the bearish trend came true. Let's go up now. In few days we are ready to test ATH again
I’ve made this forecast in the end of October. Where are you, haters? October forecast in Related posts.
Solana is in a good position for a long, if we do not fall down the support line, we will go up to test ATH in few days.
Shiba goes according to my scenario for November, half a month has passed and half the way has been covered. We'll be on target soon. Not a sell signal, a warning for those who want to buy. Nothing has changed for the coin, I expect a continuation of the decline. November forecast in related posts.
All coins going to draw such a shape. Including ADAUSDT. Decrease to the level of 1.933, then growth. Perhaps there is another day of decline ahead…
US inflation data was released yesterday, which turned out to be much higher than forecasted. A strong strengthening of the dollar began in the forex market, this also affected the cryptocurrency market. This is due to the fact that some analysts began to predict an increase in interest rates by the US Federal Reserve System. At the moment, there is a...
Within a week, the British pound should return closer to the 1.37 level. I expect the pair to start growing from the beginning of the American session.
Shiba, the next day candle looks like it should be big. And I think it will be down. My forecast is valid from the end of October and Shiba is moving according to the forecast. There is no need to panic sell, I just warn that this is a phase of the market. Who holds the spot, keep holding. Who has futures, be careful. This is not a signal to short, it is a...