Lowe's Financial News

12.05 / 12:51

Lowe's Target Low NOT Inflation Is Headed Lower—but Maybe Not Low Enough

The bad news is that in April, for the second month in a row, inflation clocked in above 8%. The good news is that sometime in the next 12 months, it will very likely fall to around half that. This isn’t exactly a heroic forecast. Bottom-up analysis of the consumer-price index’s components, inflation-linked bond yields, and wage behavior all point toward inflation settling at roughly 4%.

12.05 / 12:01

cryptocurrency Lowe's TerraUSD Luna recovery Stablecoin TerraUSD Announces Recovery Plan After Sharp Plunge

TerraUSD, also known as 'UST', slipped below its 1:1 peg to the dollar this week.

12.05 / 11:05

Lowe's Digital Bitcoin Luna 2020 Time Bitcoin tumbles below $27,000 for first time since December 2020 as crypto sell-off intensifies

Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a controversial stablecoin project.

12.05 / 10:21

UPS Lowe's MATIC forms a bullish reversal candle pattern; should investors HODL or sell

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

12.05 / 08:23

cryptocurrency Lowe's Bitcoin Bitcoin Falls Below $28,400, Lowest Since January 2021

Bitcoin dropped around 2% to as low as $28,379.26.

12.05 / 06:31

BTC Lowe's Extreme Bitcoin Bitcoin price prepares for a sweep of $29,700 again before…

Bitcoin’s price is hovering inside a range that indicates that some sort of stability is back in the markets. However, this might not be for long as BTC is looking to sweep the lows on a macro time frame and on a lower time frame. Until these events transpire, the chances of an uptrend are highly unlikely.

12.05 / 04:21

Lowe's Action Low SAND after hitting its multi-monthly low could go funky if investors…

After the 20 EMA (red) refuted most of the recent recovery attempts, the sellers steered the trend in their favor by sinking the price below the lower trendline of the down-channel (yellow). This trajectory has impacted the buyer’s ability to negate the selling pressure whilst the alt poked its multi-month lows.

12.05 / 02:33

UPS Lowe's Filecoin [FIL] investors should read this before taking any position

After dwindling for over eight months, Filecoin (FIL) bears have denied any trend-modifying privilege to the buyers. With the current market structure undeniably being conducive for the sellers, the bears have entered into a price discovery to find newer lows.

12.05 / 01:21

business cryptocurrency Lowe's market value Crypto assets shed $800 billion in market value in a month

Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk assets.

12.05 / 00:21

UPS Lowe's Gap Monero Monero [XMR] traders must watch out for these key levels before entering calls

Following a 6-week long up-channel (white), Monero (XMR) predictably pivoted from its $283-ceiling. The past few weeks have now accounted for two bear runs, with renewed selling pressure pulling the alt to its February lows as of 10 May.

11.05 / 22:43

Lowe's Extreme Bitcoin Cosmos: ATOM likely to see a bounce, but how high can it reach

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

11.05 / 20:11

Lowe's Bitcoin recovery NOT Why bitcoin’s recovery may not happen anytime soon

Cryptocurrency prices tumbled over the weekend and on into 9 May, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough stock market and challenging macroeconomic backdrop.

11.05 / 18:33

UPS Lowe's Bitcoin Bitcoin Cash, Uniswap, Stellar Price Analysis: 11 May

The recent market-wide liquidations kept the broader sentiment within the bonds of ‘extreme fear’ for a week now. Bitcoin Cash, Uniswap, and Stellar were susceptible to this sentiment as they took a significant plunge towards their yearly lows over the past two days.

11.05 / 16:51

Lowe's litecoin Action LTC Litecoin [LTC] investors should watch out for these short-term price levels

Litecoin suffered a major blow to its price action in the last five days courtesy of a massive FUD-induced sell-off. It dropped as low as $74 for the first time since December 2020, but the dip provided a nice discount for those looking to ride the recovery wave.

11.05 / 16:51

Lowe's CoinMarketCap stablecoin regulation Yellen Renews Call for Stablecoin Regulation After TerraUSD Stumble

WASHINGTON—A decline this week in the price of a major cryptocurrency that was purportedly pegged to the dollar prompted Treasury Secretary Janet Yellen on Tuesday to reiterate calls for Congress to authorize regulation of so-called stablecoins.

11.05 / 16:33

Lowe's Bitcoin Bitcoin plunges as Terra’s meltdown drags cryptos lower

Bitcoin and other cryptocurrencies remained under pressure, with the focus on the meltdown of stablecoin TerraUSD, which is designed to be pegged to the US dollar.

11.05 / 14:27

Lowe's Extreme Luna Avalanche price LUNA, Cardano, and Avalanche Price Analysis: 11 May

LUNA has fallen around 84% within 72 hours following the ruckus around the stablecoin UST. UST de-pegged from the dollar and fell below $1, as low as $0.65 before recovering to $0.94 and dropping toward $0.7 once more.

11.05 / 12:23

Lowe's Bitcoin Luna Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 50 cents

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11.05 / 10:17

Blockchain Lowe's Action Luna Unraveling the after-effects of recent loss on LUNA’s technicals

The native token LUNA of Terra’s blockchain wiped out over $11 billion of investors’ wealth in the last 24 hours. The coin is down by 71.1% from its ATH at the time of writing. The fright around UST losing its dollar peg and Binance suspending UST and LUNA withdrawals have been key drivers behind LUNA’s latest bearish move.

11.05 / 08:39

Lowe's Target XRP Action XRP price triggers a 70% bearish breakout; this is what traders can do

XRP’s price has set in motion a bearish outlook that could push it back to levels last seen in December 2020 and during the COVID crash of 2020. Therefore, investors need to exercise caution around Ripple.

11.05 / 06:17

UPS Lowe's IOTA IOTA: Should traders continue shorting the token in the coming days

Over the last few months, IOTA’s movement has unequivocally backed the bearish narrative. An extended correction from September 2021 highs identified the end of a bull cycle. The current streak of bear runs has led the alt to take a plunge toward its multi-month baseline at the $0.389-level.

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