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EUR/USD treads water above 1.1850 amid thin trading
EUR/USD stays defensive but holds 1.1850 amid quiet markets in the European hours on Monday. The US Dollar is struggling for direction due to thin liquidity conditions as US markets are closed in observance of Presidents' Day.
GBP/USD flat lines as traders await key UK and US macro data
GBP/USD kicks off a new week on a subdued note and oscillates in a narrow range near 1.365 in Monday's European trading. The mixed fundamental backdrop warrants some caution for aggressive traders as the market focus now shifts to this week's important releases from the UK and the US.
Monero Price Forecast: XMR risks a drop below $300 under mounting bearish pressure
Monero (XMR) starts the week under pressure, recording a 4% decline at press time on Monday after a 7% drop the previous day, putting the $300 support zone in focus.
Pepe Price Forecast: PEPE holds gains as on-chain, derivatives data support recovery
Pepe (PEPE) is stabilizing at $0.0000048 at the time of writing, after recovering over 16% in the previous week. Supporting on-chain and derivatives data hint at further upside, with whale accumulation rising alongside long bets.
Cardano Price Forecast: ADA in survival mode as retail demand wanes
Cardano (ADA) is trading below $0.2800 at press time, after a 4% decline the previous day. Retail interest in ADA remains low at the start of this week, as evidenced by falling Open Interest and negative funding rates.