The release of oil reserves was expected to lead to lower oil prices, but instead, WTI Crude Oil has remained steady after a spike. It currently trades just above $78, but upward momentum has been limited. There is short-term resistance at $78.65 and bulls will be looking to close above this figure. However, bearish pressure could lead to a drop back to November...
Gold fell on Friday to record a 2 week low and Monday it has failed to sustain any significant upward momentum. The dip has come after Gold recently hit a 9 month high. The precious metal continues to trade at levels at around PRICE
Resistance remains strong at $1848. After that bulls will target the multi-month high at $1877. This was last touched on Tuesday....
The recent crypto crash is affecting major cryptos like BTC, Ethereum and a number of other altcoins. There are some exceptions however, such as MANA, which has rallied since the beginning of November.
Decentraland's native coin has shown surprising resilience, surging above $4.
COINBASE:MANAUSD
As its name suggests, Decentraland is a decentralised virtual...
Bitcoin fell dramatically below the key support level of $60,000 and lost around 10% compared to a week ago. However, the drop has not gone significantly below this point. On Wednesday morning, we saw Bitcoin touch $58,900 before rebounding quickly above $60,000. This was the second time that this key level has been touched.
Support appears to be holding strong...