All articles tagged with #market support
Originally Published 3 months ago — by CoinDesk
Dogecoin experienced a sharp decline from $0.27 to $0.25 amid record trading volumes, with technical patterns suggesting a potential breakout above $0.28–$0.30 if buying resumes. Traders are watching support at $0.25 and resistance at $0.27, amid broader market uncertainties and institutional activity.
Originally Published 7 months ago — by AMBCrypto
Cardano's ADA faces downward pressure as whale wallets control a significant portion of supply and are underwater, raising concerns about a potential breakdown below $0.60. The critical $1 resistance appears increasingly unlikely to be reclaimed soon, with technical and on-chain indicators suggesting a fragile market sentiment and possible capitulation.
Originally Published 1 year ago — by Investor's Business Daily
Tech stocks lead a rally in the stock market as wholesale prices remain subdued, with Nvidia receiving support.
Originally Published 2 years ago — by Financial Times
Asian stocks have risen as China extends support for its property sector, boosting investor confidence in the market.
Originally Published 2 years ago — by OilPrice.com
OPEC oil output for May dropped by 460,000 barrels per day from April, according to a Reuters survey, due to voluntary production cuts by OPEC+ to support the market. Six OPEC members agreed to cut 1.04 million bpd in addition to the already-existing 1.27 million bpd. Saudi Arabia's fiscal breakeven oil price is $78 per barrel this year, though in practice, it could be higher based on spending needs for balancing the budget.