Category: pressure

  • Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

    Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…

  • Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

    Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…

  • Daily FX Market Review: Pressure Mounts on Bank of Japan as Yen Rises for Second Day

    the Japanese Yen The pound rose for a second day in a row against the US dollar, supported by comments from a senior Japanese politician. Bank of Japan (BOJ) conducts Urged by Toshimitsu Motegia senior official in Japan’s ruling party, to more clearly indicate his intention. Monetary policy normalization. Normalization…

  • AVAX Brushes Off Bearish Pressure With 11% Rally

    AVAX continues to make bigger gains as it reached $28.74 since last week. This was the biggest push by bulls, fueled by the growing market confidence fueled by Bitcoin’s rally to $60,000. The Avalanche development team is also working hard with a lot of news related to the chain that…

  • MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend

    Recent trading activity has sent MATIC price lower, targeting the $0.5030 level, after a period of strong upward momentum that was disrupted by bearish pressures. This sudden drop, driven by growing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will…

  • United Airlines Q3 profit outlook disappoints amid industrywide discounting pressure By Reuters

    By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines Holdings Inc on Wednesday forecast lower-than-expected profit in the current quarter as the industry grapples with a surplus of seat capacity in the domestic market that has undermined airlines’ pricing power. The Chicago-based airline expects adjusted earnings of $2.75 to $3.25…

  • Bitfinex expects news-driven Bitcoin gains, but warns of potential selling pressure

    The start of the week saw Bitcoin rise above $63,000, but analysts at Bitfinex warn that the market could face a correction as the week progresses. Bitcoin has gained 5% in the past 24 hours and 13% over the past week. The gains came amid a combination of factors including…

  • XRP Bulls Face Continued Pressure: Key Challenges Ahead

    XRP price is struggling to stay below the $0.4250 support area. The price is trying to consolidate its losses and may struggle to recover above the $0.450 resistance level. XRP price struggled to recover above the $0.450 level and started another decline. The price is now trading below the 0.4250…

  • XRP Bulls Face Continued Pressure: Key Challenges Ahead

    XRP price is struggling to stay below the $0.4250 support area. The price is trying to consolidate its losses and may struggle to recover above the $0.450 resistance level. XRP price struggled to recover above the $0.450 level and started another decline. The price is now trading below the 0.4250…

  • Biden digs in as pressure from fellow Democrats escalates By Reuters

    Written by Andrea Shalal and Nandita Bose WILMINGTON, Del. (Reuters) – Amid growing calls from fellow Democrats to end his re-election campaign, U.S. President Joe Biden gave no hint on Saturday that he was considering stepping down after two defiant public appearances the day before. Biden, 81, is facing a…

  • Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines

    Talisman, emblemon) is up more than 8% in the past 24 hours, amid broader volatility in the cryptocurrency market. Mantra Stock Upward Momentum The Relative Strength Index (RSI) indicates an upward price movement in the neutral zone, indicating a potential overbought. Additionally, the Moving Average Convergence Divergence (MACD) indicator indicated…

  • Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines

    Talisman, emblemon) is up more than 8% in the past 24 hours, amid broader volatility in the cryptocurrency market. Mantra Stock Upward Momentum The Relative Strength Index (RSI) indicates an upward price movement in the neutral zone, indicating a potential overbought. Additionally, the Moving Average Convergence Divergence (MACD) indicator indicated…

  • SRC bows to pressure, reverses pay rise for CSs, MPs and governors

    The Salaries and Bonuses Committee bowed to popular pressure and decided to freeze salary increases for all state employees. According to SRC Board Chairwoman Lynn Mengich, the move came after consultations. She said the salary review was based on the salary structure stipulated in Article 11 (e) of the Education…

  • Experts Confident in Bitcoin’s Ability to Defend $60K Despite Bearish Pressure

    Bitcoin has seen a decline of more than 6% over the past week. Successive corrections have temporarily pushed the asset below $60,000. Although it has rebounded since then, its recovery appears to have stalled at around $61,500, causing investors to worry about further losses. This is especially true as the…

  • Experts Confident in Bitcoin’s Ability to Defend $60K Despite Bearish Pressure

    Bitcoin has seen a decline of more than 6% over the past week. Successive corrections have temporarily pushed the asset below $60,000. Although it has rebounded since then, its recovery appears to have stalled at around $61,500, causing investors to worry about further losses. This is especially true as the…

  • Aussie dollar jumps on inflation spike, while yen stays under pressure By Reuters

    Written by Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Australian dollar rose after a surprise jump in inflation on Wednesday raised the prospect of another interest rate hike, while the U.S. dollar maintained downward pressure on the Japanese yen. Moves elsewhere in the market were relatively muted as…

  • Yaccarino shakes up X amid Musk’s pressure on costs, FT says By Reuters

    (Reuters) – The CEO of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of pressure from owner Elon Musk to boost sales and cut costs, the Financial Times said on Sunday. This month, Yaccarino fired her right-hand man and head of business operations…

  • MUFG: BOJ likely to raise rates next month, MOF under pressure to intervene

    USD/JPY daily MUFG highlights the yen’s recent weak trend and expects the Bank of Japan to raise interest rates at next month’s meeting. At the same time, the Finance Ministry faces increasing pressure to intervene in currency markets to prevent the yen from further depreciating beyond critical levels. the main…

  • XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness

    My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…

  • XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness

    My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…