XRP whales sell off $1.9 billion amid analyst warning of 30% price drop risk
Key Highlights Last month, XRP whales sold off 640 million tokens, amounting to $19.1 billion. The bearish trend on the charts suggests a loss of momentum. According to on-chain data, XRP’s largest holders have been steadily offloading their tokens for nearly a month. Analysts are warning about a potential 30% drop. Whale Activity: A Drop […]
US Dollar Index Price Prediction: Approaches 98.00 support before US Initial Jobless Claims
US Dollar Index may encounter significant resistance at 98.54 50-day EMA Short-term price momentum is faltering as DXY trades below the nine-day EMA. Immediate support seems to rest at the lower boundary of 97.70 within the rising channel. The US Dollar Index (DXY), which gauges the dollar’s value against six major currencies, has continued to […]
Bitcoin price reflecting 2024 trend that resulted in 50% BTC increases, according to a trader.
Key Points Bitcoin is currently testing a significant support level in the latter half of 2024, according to Trader Galaxy. Previously, BTC’s price rose from $70,000 to $108,000 after a successful retest of support. Individual analyses suggest there’s unlikely to be a return to recent low swing values. Bitcoin (BTC) could see a potential price […]
Silver Price Outlook: XAG/USD climbs past $38.00 with renewed trade worries
Silver prices could attract buyers near $38.05 during the early European session on Thursday. Uncertainties about tariffs and evolving trade concerns are bolstering silver’s appeal as a safe asset. Investors are anticipating the release of US weekly unemployment claims and statements from Federal Reserve officials later today. The price of silver (XAG/USD) is likely to […]
Trump vowed to reduce expenses but resulted in price increases and inflation
The main promise of Donald Trump’s 2024 campaign revolved around low costs from day one. However, it seems he hasn’t delivered on that front. Instead, the initial months of his administration have been characterized by rising expenses. It’s important to keep in mind that when elected officials fail to live up to their commitments, Congressional […]
We are increasing our price target for DuPont after positive results and an upcoming split
DuPont announced a solid financial performance on Tuesday, with its stock initially seeing gains before the broader market dip. This downturn might actually present a good buying opportunity, especially as we approach the upcoming spin-off of their electronics division. We recently added another 100 shares, as noted in previous trade alerts. So, how did the […]
Gold price forecast for today: What is the trend for gold rates on August 5, 2025? Here’s the outlook.
Gold Price Forecast Today’s gold price outlook indicates a potentially positive trend, despite being in a tight trading range for quite some time. According to a senior analyst at MiraeSharekhan, there are factors influencing gold prices amid fluctuations in interest rates. Gold Performance Overview On August 1st, gold displayed a notable reversal following a disappointing […]
Bitcoin price targets $116K liquidity sweep as ETF resurgence gains attention
Key Points: Bitcoin is expected to rebound, aiming for a significant target of $116,000, with liquidation levels appearing both above and below this price. Anticipate BTC price support remaining steady above $110,000. ETF inflows may provide a glimpse into market sentiment, according to recent analysis. Bitcoin (BTC) edged closer to $116,000 after the markets opened […]
Gold price update for Monday, August 4: Gold starts above $3,400 following labor data revision
Gold Futures Update Gold futures opened at $3,416.60 on Monday, marking a 2.1% increase from Friday’s closing of $3,347.70. It’s interesting to note that since July 23, 2025, gold hasn’t gone above $3,400. The uptick in gold’s pricing seems to be tied to employment data released last Friday. It indicated an increase of 258,000 jobs […]
GBP/USD Price Prediction: Resistance is identified at 1.3300 close to the nine-day EMA
GBP/USD might see initial support near the lower edge of the downward channel around 1.3180. The 14-day relative strength index has dipped below 50, reinforcing a bearish outlook. The first resistance lies at the 9-day EMA at 1.3332. The GBP/USD pair is likely to trade in a sideways manner after a gain of over 0.5% […]