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Top News In வர்த்தகர்கள் கேளுங்கள் அரசு தடை பகிரி முகநூல் Today - Breaking & Trending Today

cryptocurrencies: Crypto traders cling to hope the momentum will return soon


Synopsis
Bitcoin has failed to hold above its 200-day moving average and it fell about 4% in the Asia session to $37,619. Ether, the coin linked to the ethereum blockchain network and the second-biggest cryptocurrency by market value, fell more than 7% to $2,675.10.
Both have marked sizeable year-to-date gains, with bitcoin up about 30% and ether more than tripling.
Related
SINGAPORE: Cryptocurrencies slipped on Thursday, though without falling through recent lows, as traders clung to hopes that a nascent recovery from last week s plunge can regain its momentum.
Bitcoin has failed to hold above its 200-day moving average and it fell about 4% in the Asia session to $37,619. Ether, the coin linked to the ethereum blockchain network and the second-biggest cryptocurrency by market value, fell more than 7% to $2,675.10. ....

MCX lead futures could drop further - The Hindu BusinessLine


MCX lead futures could drop further
Akhil Nallamuthu
BL Research Bureau |
Updated on
May 25, 2021
Stop-loss: ₹175; Potential targets: ₹165, ₹160
Since May 2020, the continuous futures contract of lead on the Multi Commodity Exchange (MCX) has been moving on the upside.
That is, after seeing a downtrend in the preceding months, the contract reversed the trend after taking support at about ₹128. Thus, the one-year return is about 30 per cent.
Although the trend has been positive and the metal price has appreciated considerably, it has been facing some hindrance at ₹181 since the beginning of 2021. While the futures price went up till mid-February, it started to fall i.e., between the final week of February and mid-March, the contract tumbled by nearly 13 per cent and dropped to around ₹158. By then, the contract had given up almost all the gains it had made in 2021. But since ₹158 being a support, the contract started to build-up positi ....

Multi Commodity Exchange , Base Metals , Technical Trading , Stop Loss , பல பண்டம் பரிமாற்றம் , வழி நடத்து , அடித்தளம் உலோகங்கள் , தொழில்நுட்ப வர்த்தக , நிறுத்து இழப்பு ,