Weekly Market Report
NASDAQ-Global Leading Tech
As expected the NASDAQ Index gained by 0.24% and closed at 30, 883 in the last week.
ZS & PLTR were the strongest stocks for the week, rising around 8% & 5% respectively.
The NASDAQ Index is expected to continue the momentum and gain this week.
CRYPTO
What is the general sentiment for Crypto?
The sentiment towards the cryptocurrency market stays in the GREED zone. Compared to last week, the Fear & Greed Index decreased from “70” at “69”.
CVDD-TOP CAP PRICE CHART INDICATOR
Bitcoin is expected to gain this week. As per the Terminal price model, Bitcoin’s cycle top price prediction is around $299,000 and Bottom is around $50,000.
Bitcoin chart
$BTC corrected 3.19% and closed at 83.77K in the last week. Bitcoin is expected to gain this week.
ETH/USDT
$ETH corrected 6.93% and closed at $2536 in the last week. ETH is expected to gain in the coming week
Strong momentum tokens to watch for – NEAR & RAY.
NIFTY
The Nifty50 Index gained by 0.44% and closed at 22,520 in the last week. The Nifty is trading near the demand zone and is showing signs of reversal from here.
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