Nickel quotes rebounded after a prolonged decline in 2023, but the downtrend is set to continue. This comes after the Australian mining industry closed down more mines. Meanwhile, Iron ore fell to yearly lows. In this article, we will delve deep into why this price decline is likely to continue.
Ripple XRP price is consolidating losses above the $0.500 support. The price could extend losses if it fails to recover above the $0.530 resistance zone.
Oil rose on Friday, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices.
Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels.
Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support.