BINANCE:ICPUSDT was in a downtrend throughout the 2022-2023 period. However, with the start of 2024, the first bullish move pushed the price from $3 to $20. The selling pressure in the $20-23 range was not surprising, and the resulting decline caused the price to drop by as much as 72%. The second half of 2024 mostly consisted of consolidation. Following the...
NASDAQ:RIVN 's stock price, which has dropped by nearly 80% since September 2022, has started to move upward again in November 2024 with renewed demand. The possibility of retesting the trendline formed during the 2022-2024 period has strengthened with the demand seen in the past month. If this upward movement continues, the initial price target could be $19....
NASDAQ:PLUG has lost 98% of its value since the beginning of 2021. Despite three corrections during this period, a trend reversal has not occurred. However, the demand seen since September 2024 indicates that the price might be in a trend reversal phase. If this is the case, the first price target is expected to be $5. Should the upward trend continue, the...
The year 1971, when the Bretton Woods system ended, marked a period where the dollar's value followed a volatile trajectory of ups and downs—until 2008. The global financial crisis was another turning point, and since then, the dollar has been steadily appreciating. This trend is expected to continue, at least until another significant pivot point emerges....
The first target for BYBIT:AXSUSDT.P is $8.5, and if market conditions strengthen on the demand side, it could rise up to $17. The current phase might still be a consolidation. A significant increase in momentum is necessary. If this momentum is enough to push price above $6.5, the direction will continue upward.
BYBIT:AAVEUSDT.P briefly dropped below $130 but quickly rebounded. After breaking out of consolidation, it resumed its upward movement. Although there can be some supply-driven selling pressure at $220, the target remains $260 and beyond.
The U.S. dollar ( TVC:DXY ) has been strengthening since the 2008 crisis, and I expect this trend to continue. I anticipate the Dollar Index (DXY) could reach a target of 120 by the next election or even sooner.
I believe TVC:GOLD will consolidate around $2500-2700 in the coming days. Since $3000 is a psychological level, it will be the initial target, but it could go even higher.
BINANCE:CRVUSDT tested the range low twice since 2023. After its latest test, it began to move upwards. The level of 0.70 was a significant testing point, where liquidity was absorbed. Within 2024, I anticipate the movement to continue towards $1.0 first and then towards $1.3.
BINANCE:ICPUSDT , experienced a strong downward trend from 2021 to the end of 2023, has continued its upward movement since 2024. The price, which rose from $3 to $13 in the first months of 2024, is expected to surpass $23 in the coming days, hunting short positions in that level. Upon reaching this level, it could be expected to rise up to $28.
NYSE:GEO looks like in a trending up period. The price completed a consolidation phase (stage-1) between May 2021 - Nov 2022. From a moving average point of view, 10-week (simple) moving average (MA) is supporting the price and just recently touched the price again after its first touch in Nov 2022. Moreover, MA100 crossed over MA30 recently with a bullish...
Lilak can record more price uptrend in the next days over its EMAs. Currently, the price is moving back to the previous support line. This can mean a support protection and trend continuation. IMPORTANT: This is not financial advice.
Viridian Therapeutics has been in an accumulation phase since 2020. Moreover, the price has recently moved above EMAs (10, 21 and 30) with price gap and significant volume increase. I think price will continue its mark up phase in the next days. IMPORTANT: This is not financial advice.
Sunrun is a provider of photovoltaic systems and battery energy storage products, primarily for residential customers as per the official description about the company. Solar business is a growing area and the company's financials are also improving in line with this growth trend. The current market cap is around 5-6 billion USD and I think there will be more...
NASDAQ:ON was in a strong correlation with SP:SPX in the last years. To be accurate, the correlation was so strong between 2002 to 2021. However, since the beginning of this year, this correlation is not working anymore. In this bear market, the company has been providing price support and testing new high levels. From a fundamental point of view, US needs to...
The price of TVC:GOLD has been trending with a similar trend of INDEX:BTCUSD when it reached at time high levels in the end of 2021. Moreover, the price range of Bitcoin between 2021 and 2022 looks like what Gold is recording. So, there can eventually be more corrections in the next term for Gold. Even, there can be price level at around $1,000.
Since Fed's tapering began in the end of 2021, mortgage figures have been in a mark up phase. There is still no indication of a correction. As a result of it, housing prices may not find support for new high levels. Monthly price changes in the negative territory are supporting this idea in the last months. However, the year over year housing price changes are...
This chart illustrates the ratio between equities markets by using SP:SPX and fixed-income markets by using TVC:US10Y . With the beginning of 2020, the equities markets lost the uptrend against the fixed-income markets. There can be period(s) of upward corrections but this trend change raises the question of a long term cyclical change. This means that the...