Investing

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Investing

Crypto market crashes as liquidations jump: reasons a bull run may be near

The crypto market crash continued on Tuesday, with Bitcoin plunging below the important support level at $90,000. Most altcoins were in the red, with their market capitalization falling to $3..07 trillion from $4.27 trillion in October. Reasons for the ongoing crypto market crash There are a few reasons why the crypto market crash is happening.

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Investing

Robinhood stock forms dangerous pattern as risks rise

Robinhood stock price has pulled back in the past few days, moving from this month’s high of $150 to the current $115. It has formed a risky pattern, pointing to more downside in the coming weeks as the crypto market retreat continues.  Robinhood stock faces potential risks ahead Robinhood stock has done well this year

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Investing

Nio stock forms risky pattern ahead of earnings: will it crash?

Nio stock price has pulled back in the past few months, moving from a high of $8 in October to the current $6. It has dropped below 24% from the year-to-date high, bringing its market capitalization to $12 billion from $15.35 billion in October. Nio’s business is doing well as demand rises Nio, a top

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Baidu stock price is in a bear market: will it rebound after earnings?

Baidu stock price has come under pressure in the past few weeks, moving from the year-to-date high of $150 in October to the current $113. This pullback has brought its market capitalization from ~$50 billion to ~$40 billion today. So, will the stock rebound after its earnings later on Tuesday? Why Baidu stock price slipped

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Investing

USD/ZAR: South African rand on edge as experts remain optimistic

The South African rand remained under pressure this week, even after the recent credit rating upgrade and the growing optimism about the country. The USD/ZAR exchange rate was trading at 17.20, a few points above the year-to-date low of 16.95. It remains about 13.75% below the highest point this year.  South African Rand wavers as

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Investing

Here’s why the FTSE 100 Index is crashing this week

The FTSE 100 Index remained under pressure this week, continuing a downtrend that started late last week when it jumped to a record high of £9,935. It has dropped in the four consecutive days and is now at the lowest level since October 23. It remains about 26% above its lowest level in April. FTSE

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Investing

DAX Index forecast as it loses key support and top laggards revealed

The DAX Index has pulled back in the past few months as the recent momentum in global stocks pulled back. It dropped to a low of €23,180, its lowest level since June 22, and is hovering at its lowest level since June 23rd. This article explores some of the top companies dragging the index. Adidas

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As the Adidas share price crashes, is it safe to buy the dip?

The Adidas share price has been in a strong downward trend in the past few months, making it the top laggard in the DAX Index. It plunged to a low of €153.90, down by over 41% from its highest point this year. This crash has brought its market cap from a peak of €47 billion

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Investing

XRP price prediction: at make-or-break level as ETF inflows continue

The XRP price remained under pressure in the past few months as investors dumped Bitcoin and most altcoins. Ripple dropped below $2.20 on Wednesday, down sharply from the year-to-date high of $3.6565. So, is it safe to buy the dip as XRP ETF inflows rise? XRP ETF inflows are continuing  The XRP price has retreated

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Investing

Wix stock has formed a risky pattern: will it crash further?

Wix’s stock price has crashed to a bear market this year, as it has crashed by over 48% from its highest level this year, as concerns about its growth and the emerging competition rise. It was trading at $126 on Wednesday, with its market capitalization remaining at $7 billion, down from the year-to-date high of

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