technical analysis

Increased activity in the Solana (CRYPTO: SOL) ecosystem boosted Solana's seven-day gains to 9%, rivaling volumes and the market cap figures of highly trending meme coins. What Happened: Hellomoon data indicates that new Solana addresses peaked at 10.13 million in January 2024, the second-...

While Bitcoin (CRYPTO: BTC) prices spiral downwards to below $40,000, some technical analyst suggest this drop is temporary before an upward trend resumes. What Happened: Plunging over 10% from recent highs near 48,000, Bitcoin traded below $39,000 yesterday and continues to...

NIO Inc – ADR’s (NYSE:NIO) stock hasn’t done too well so far this year. The stock was down more than 40% over the past year, but it began surging on Dec. 5 as delivery numbers smashed Wall Street expectations. Positive News Boosting NIO Stock The third-quarter highlight was Nio...

A pseudonymous cryptocurrency analyst issued a warning to investors and traders in the digital currency ecosystem, predicting a gradual decline for several prominent cryptocurrencies, including Solana (CRYPTO: SOL), Chainlink (CRYPTO: LINK), Avalanche (CRYPTO: AVAX) and the decentralized...

Microsoft Corp. (NASDAQ:MSFT) reached unprecedented heights in its stock performance, touching a new all-time high of $377 per share in the Nov. 22 session. This impressive performance adds to the tech giant’s stellar year, with a year-to-date gain of 57%, reminiscent of its glory days in...

Microsoft Corp. (NASDAQ:MSFT) soared to new heights on Thursday, with its shares hitting a record-breaking $369, eclipsing the company’s previous peak achieved in July. For three consecutive weeks, the Redmond, Washington-based company has been on an upward climb, with its stock closing in...

Ford Motor Company (NYSE:F) is reportedly struggling with contract negotiations with the United Auto Workers (UAW) union, hinting that it may have hit its maximum limit for financial concessions. Ford’s shares experienced a 2% drop on Thursday, bringing an end to a four-day streak...

In a tumultuous day for Wall Street, a widespread sell-off sent shockwaves through the financial landscape as U.S. stocks faced the brunt of a dangerous surge in Treasury yields. The 30-year Treasury yield surged to 4.95%, marking a sharp 15-basis point jump in a single session, while the 10-year...

In a month marked by volatility, the stock market is sending out distress signals like never before. The S&P 500 and Nasdaq 100 have both hit yearly lows in terms of the percentage of stocks trading below their 50-day moving averages. The September market downturn is spreading like wildfire...

Monday witnessed a session of modest gains for the S&P 500 index, edging up by 0.4% at the close, and breaking a four-session streak in the red. The S&P 500 index is emerging from its most challenging week since early March 2023, ranking as the second-worst of week of the year, after...

Bitcoin (CRYPTO: BTC) surged by 4.5% between Monday and Wednesday, marking its most impressive performance since the third week of June. The revival of positive sentiment in the cryptocurrency market indicates both favorable news developments and bold bullish bets from major investors. To gain a...

A significant amount of the Pepe (CRYPTO: PEPE) meme coin, valued in the millions, was observed entering crypto exchanges on Thursday. This sudden influx alarmed investors, leading to a decline in its price and raising concerns about unusual activities related to the project's multisig,...

The Nasdaq 100 had a tough session on Thursday, marking its worst performance since the month began, mirroring the drop seen on Aug. 2, with a significant 2.2% decline. Today’s price action completely reversed the gains experienced in the previous session, when the Nasdaq was up by 1.6%. Even...

As market turbulence sweeps across sectors, Apple Inc. (NYSE:AAPL) is not immune. The tech giant’s stock has encountered double-digit declines in August, resulting in a staggering loss of around $400 billion in market capitalization. With nine trading sessions still to go, August has proven...

All three leading U.S. stock indices — the S&P 500, Nasdaq 100, and Russell 2000 — have simultaneously breached a crucial technical support level this week. The break below the widely-watched 50-day moving average, a technical indicator that gauges the average closing price over the past 50...