USDINR rose marginally on Tuesday, interrupting two successive days of decline. The pair is under pressure on speculation that the Reserve Bank of India (RBI) could prepare to intervene. The rupee dropped to record lows of 85.84 on Monday as high domestic demand for the dollar exerted pressure. An official in India’s treasury stated recently…
Gold price declined further on Monday as its safe haven appeal was eroded by improving geopolitical conditions in the Middle East. The metal was down by 0.5% at the time of writing and traded at $2,625 at the spot market, recording a second successive day of losses. Trump Tariffs and Middle East Ceasefire to Define…
Cardano price declined on Monday after getting rejected near the $1.10 mark. ADA has struggled for traction above that level for the last four days, signaling an exhaustion of the upside momentum. However, the sentiment surrounding the coin is still bullish after gaining 25% in the last week. What could influence Cardano price? ADA looks…
Solana price returned to the upside on Monday, breaking a two-day losing streak to trade at $215.15 at the time of writing. The coin has faced resistance at the $220 mark in the last three days, and breaking above that level could take it to three-week highs. SOL price has risen by 13% in the…
WTI crude oil prices are stabilizing near $73.67, maintaining upward momentum following a five-session rally. Boosted by colder weather in the Northern Hemisphere and China’s fiscal stimulus efforts, demand optimism continues to underpin prices. What’s Driving Crude Oil Prices This Week? WTI Crude Oil Chart Analysis: January 6, 2025 Key Resistance Levels: Key Support Levels:…
Bitcoin Price teased the $100,000 mark on Monday as it led a wider market rally. According to data aggregation site, CoinMarketCap, the crypto market sentiment has entered the “Greed” territory, signaling a higher risk appetite and the likely extension of gains. Also, the crypto market capitalisation has gained more than $300 billion since the turn…
Metaplanet Inc. (TSE: 3350) is making waves today with a 5% stock price increase, fueled by the company’s bold announcement to significantly expand its Bitcoin reserves in 2025. The move aligns with Metaplanet’s vision of diversifying its asset base while doubling down on cryptocurrency investments, a strategy that has captured investor attention and driven trading…
Filecoin (FIL) is making headlines today, rallying 12% after listing on the South Korean exchange Bithumb. Futures trading volume for Filecoin has skyrocketed by 200%. With Filecoin’s price testing critical resistance levels, the question now is whether this momentum will continue. Filecoin Price Analysis: Key Levels to Watch Technical Outlook: Can Filecoin Sustain the Momentum?…
Ethereum price extended its upside on Monday, hitting a two-week high of $3,697 after rising by 0.8% at press time. The crypto coin has gained more than 9% in the last week and stability above the $3,500 level reiterates the viability of retesting $4,000 mark in the coming days. This is affirmed by the formation…
Dogecoin (DOGE) is kicking off 2025 with a bang, surging to fresh highs as the meme coin gains renewed institutional interest. While DOGE’s meteoric rise may seem speculative at first glance, growing adoption and key partnerships suggest there’s more substance behind the hype this time around. Could the elusive $1 target finally be within reach?…
