Category: Correction
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POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction
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Many market watchers are indicating that the memecoin Popcat (POPCAT) is about to surge towards a new all-time high (ATH). As the currency attempts to reclaim key resistance levels, some analysts warn that the cat-themed memecoin could see a correction soon towards its monthly open. Popcat retests $1.4 resistance level…
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Cardano Faces 30% Correction Risk After Drop In Large Holders’ Netflow – Details
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This article is also available in Spanish. Cardano (ADA) is currently trading near yearly lows after months of disappointing price action. Since early August, the price has struggled to stay above the crucial $0.36 level. This shift has left ADA in a precarious position, as investors and traders watch for…
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Cardano Faces 30% Correction Risk After Drop In Large Holders’ Netflow – Details
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This article is also available in Spanish. Cardano (ADA) is currently trading near yearly lows after months of disappointing price action. Since early August, the price has struggled to stay above the crucial $0.36 level. This shift has left ADA in a precarious position, as investors and traders watch for…
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
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Lido (LDO)’s short-term position remains at risk in the face of a market-wide correction phase, dragging the altcoin market into the mud. At the time of writing, the token exists lost More than 20% of the value, which represents a significant decline in investor sentiment. The market was not in…
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
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Lido (LDO)’s short-term position remains at risk in the face of a market-wide correction phase, dragging the altcoin market into the mud. At the time of writing, the token exists lost More than 20% of the value, which represents a significant decline in investor sentiment. The market was not in…
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Chart Art: Potential Correction Zone on GBP/CAD
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Did you miss the GBP/CAD bullish breakout opportunity? It is best to keep your eyes on this area of interest in case a retest occurs and the trend resumes. Take a look at these turning points that I am watching on the 4-hour time frame: GBP/CAD currency pair on 4-hour…
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Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
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Bitcoin price failed to break out of its current downtrend after losing the $60,000 level this week, trading as low as $57,790 on Tuesday. However, one indicator points to further price corrections for the largest cryptocurrency in the market that could push the coin below its current levels. Bitcoin faces…
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Is Bitcoin (BTC) Headed For A Deeper Correction? $56K Breakdown Could Spell Trouble
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Bitcoin is currently experiencing volatile and uncertain price action, with the recent 10% correction sparking investor concerns. While this decline is smaller than the 30% declines seen in recent months, it is doing much more damage to market sentiment as investors grow increasingly concerned about ongoing market dynamics. The mood…
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Chart Art: Long-Term Correction Levels on GBP/CAD
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This GBP pair has been trending higher for some time now and looks ready to test its long-term support area soon. Is the uptrend still our friend in this case? I take a look at these turning points that I am watching on the daily time frame. GBP/CAD Daily Currency…
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Correction or collapse? Market analysts give their views
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As global markets slump and investors wonder what to do with their portfolios, Globes asked leading figures in the capital market what they think of the situation. Rinat Ashkenazi, chief economist at Phoenix Investments, doesn’t think we’re headed for a sharp, prolonged market slide. “I’m going to be the reassurance…
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Nasdaq on course to confirm correction as recession fears mount By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell for a second straight session on Friday, confirming a slide into correction territory after a weak jobs report raised concerns about an impending recession. Nonfarm payrolls increased by 114,000 jobs last month, the Labor Department said, well below the 175,000…
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Dollar rally in previous years still leave much room for correction – SocGen
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The firm claims that the dollar’s appreciation over the 2021-22 period means there is still room for a deeper correction in the US currency’s downward momentum ahead. The firm does not expect the dollar to test the lows it hit at the end of 2020, but says the currency is…
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Analyst Warns Of A POPCAT Correction Following 230% Surge
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Solana-based Popcat (POPCAT) has been making headlines over the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in value in the past month, pushing the coin to its all-time high (ATH). However, one cryptocurrency analyst has warned…
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BTC Bulls Eye $70K But is a Correction Coming Before That?
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Bitcoin price has seen a sharp rise over the past two weeks, heading towards a new record high. Technical Analysis by Anger trading Daily chart On the daily time frame, BTC price has been rising since bouncing off the $56k support level and the 200-day moving average. The market has…
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BTC Bulls Eye $70K But is a Correction Coming Before That?
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Bitcoin price has seen a sharp rise over the past two weeks, heading towards a new record high. Technical Analysis by Anger trading Daily chart On the daily time frame, BTC price has been rising since bouncing off the $56k support level and the 200-day moving average. The market has…
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Why stocks may be due for a correction
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The markets may seem unstoppable, but it’s important not to become complacent. “There’s definitely some level of froth (in the markets),” Fed Watch Advisors founder Ben Emmons told Yahoo Finance’s executive editor. Brian Sozzi on him Opening show Podcast (Watch or listen to the video above) here“There is a lot…
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Chart Art: Major Correction Brewing on USD/JPY?
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Are we finally seeing signs of a pullback in the USD/JPY rally? The pair retreated after reaching a ceiling at the key psychological level of 162.00 and looks ready to drop to nearby Fibonacci retracement levels. This is the correction area I am watching on the 4-hour chart. USD/JPY currency…
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Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction
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Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…