WEEKLY MARKET REPORT
NASDAQ – Global leading Tech Index
The NASDAQ Index gained by 3.3% last week. The critical support is expected at 20,000 levels and resistance is expected around 22,000 levels for the coming week.
Docusign, Lululemon and Marvell Tech gained 29%, 26% and 22% for the week
The NASDAQ Index is expected to continue the upward momentum
CRYPTO
What is the general sentiment for Crypto?
The sentiment towards the cryptocurrency market has moved to the Extreme GREED zone. Compared to last week, the Fear & Greed Index decreased to “78” from the previous level of “80”
CVDD-TOP CAP PRICE CHART INDICATOR
Bitcoin is expected to continue its upward movement. As per the above model, Bitcoin’s cycle top price prediction is around $180,000
Bitcoin chart
ETH/BTC
ETH/BTC pair surged in the last week, gaining around 4%. An immediate support is expected at 0.030 level and resistance is expected at 0.060 levels. ETH is expected to rally from this level.
NIFTY
Nifty bounced back from support levels in the last week, gaining around 2%. An immediate support is expected around 24,000 levels and resistance is expected around 25,000. Nifty is expected to continue the upward momentum
PICK OF THE WEEK – GRSE
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