FX Empire
FX Empire stands out as a prominent global financial news platform, providing the latest market updates and insights, live quotes and charts, technical information, and various financial tools designed for the financial markets. Established in 2011 by a group of industry specialists, FX Empire was created with the vision of building the ultimate Forex and CFD trading hub. What started as a simple concept has evolved over the years to include a wide range of offerings, such as commodities, stocks, indices, and, more recently, personal finance and cryptocurrency assets.
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Articles
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1 day ago |
fxempire.com | Alejandro Arrieche
Key Points:XRP has dropped by 4.5% in the past week. Multiple retests of the token’s 200-day daily EMA may have weakened this important support. The price action in lower time frames shows that XRP may be heading to retest this key indicator again.
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1 day ago |
fxempire.com | Alejandro Arrieche
Meme coins, an important segment of the Solana ecosystem, have been experiencing strong downturns lately following an unexpected rally in May. Fartcoin (FARTCOIN), one of the best-performing meme coins last month, has gone down by nearly 15% in the past 24 hours while dogwifhat (WIF) has experienced a similar retreat of more than 9%.
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2 days ago |
fxempire.com | Alejandro Arrieche
Not much has happened lately in the crypto space after Bitcoin (BTC) made a new all-time high. As a result, the market has entered a stage of consolidation as crypto traders wait for the next catalyst that provides the necessary fuel for the next leg up (or down?). The White House’s ongoing rift with China on the trade front may have spooked off traders and contributed to cooling down the FOMO prompted by BTC’s new record price.
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2 days ago |
fxempire.com | Alejandro Arrieche
Trading volumes have gone up by 3% in the past 24 hours, as the token has retreated by 0.7%. Long liquidations have been normalizing lately after hitting their May peak at $206 million. However, in the past 24 hours nearly $200 million worth of long positions were flushed out as the American session opened with strong selling pressure. Market sentiment has deteriorated recently as reflected by the behavior of the Fear and Greed Index.
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2 days ago |
fxempire.com | Christopher Lewis
The natural gas market continues to look somewhat bullish at the moment, but when you step back a bit, you can see the consolidation area that will matter for traders to make decisions. Ultimately, we are looking at a market that is probably somewhat feeling the effects of the season as well. Natural Gas Technical AnalysisThe natural gas market has drifted a little bit lower in the early hours on Wednesday as we continue to see a lot of noisy behavior.
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