Forecasts & Analysis

ADA continued to head towards $0.50, with Cardano network updates and the broader market delivering support through a choppy session.

It was another bullish XRP session on Friday, with XRP continuing its move towards $1.00. $0.60 is the next key resistance level after Friday’s $0.55 visit.

Bitcoin bucked the top ten trend on Friday. However, the Fear & Greed Index reflected sentiment from the broader market.

It was a mixed Friday session, with BTC bucking the top ten crypto trend. However, decoupling from the NASDAQ 100 sends bullish signals.

Last week the world’s second-largest cryptocurrency made history by becoming the first major cryptocurrency to effectively replace its consensus mechanism.

The Federal Reserve has been faced with one of the most difficult periods in time that began with a global pandemic which led to a global economic shutdown.

Energy stocks dive as WTI oil is down by 6%.

The S&P 500 E-mini contract has plunged during the week, touching the 200-Week EMA.

Gold markets have fallen rather hard during the trading week as we continue to see the US dollar act like a wrecking ball gets almost everything.

Natural gas usage is expected to come in lower because of favorable weather conditions, outages at two LNG plants and a demand-destroying hurricane .