The US Reserve Bank, also known as the Federal Reserve, is responsible for several important functions related to the economy of the United States. One of its primary functions is to regulate monetary policy, which includes setting interest rates and...
An all-time high (ATH) is the highest price that a particular asset has ever traded for. In the context of trading, an ATH can be a significant level of resistance, meaning that it can be difficult for the price of the asset to break through this...
An on-neck pattern is a bearish continuation candlestick formation that appears in technical analysis of financial markets, particularly in stocks and forex. It typically occurs during a downtrend and suggests that sellers remain in control,...
XT.COM is a centralized cryptocurrency exchange established in 2018 and registered in Seychelles. The platform offers a wide array of services, including spot, margin, and futures trading, as well as an NFT marketplace. It supports over 1,000...
A successful IPO can raise vast sums of money. Alibaba's initial public offering (IPO) on the New York Stock Exchange (NYSE) in 2014 raised more than $20 billion. Being listed on a stock exchange increases a company's exposure, prestige, and public...
Momentum players, also known as trend followers, rely on the principle that asset prices tend to continue moving in the same direction for a period of time. These traders aim to identify and profit from these price trends by strategically determining...
Kuroro Beasts is a cutting-edge web3 creature-collecting ecosystem that blends the classic charm of monster-taming games with blockchain technology. Inspired by Pokémon’s multi-game model, it features three interconnected experiences: Kuroro...
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Gram is the native cryptocurrency of The Open Network (TON), a blockchain platform originally developed by Telegram. Designed to facilitate transactions and interactions within the TON ecosystem, Gram serves as the primary medium of exchange,...
I have been thinking about this for a while. How will crypto play a significant role in the metaverse economy if it becomes a reality?
Yes, a support level can also act as a resistance level in technical analysis. This occurs when a stock's price falls to a certain level, which was previously considered to be a support level, and then bounces back up. However, when the price later...
The average true range (ATR) is a popular technical indicator used by traders and analysts to measure the volatility of a financial market. Volatility refers to the degree of price fluctuations in a market, and it is an essential factor for traders...