• OANDA has been named Singapore’s #1 crypto broker for client satisfaction in a recent survey.
• OANDA offers a user-friendly platform and advanced tools to help crypto traders make informed decisions.
• OANDA has opened up its crypto market to traders, allowing them to buy and sell Ethereum, the second-largest cryptocurrency by market capitalization.

OANDA, a prominent online trading platform, has been crowned Singapore’s #1 crypto broker for client satisfaction in a recent survey conducted by a leading financial news outlet. This marks the second consecutive year OANDA has earned this honor, solidifying its position as the go-to choice for crypto traders in Singapore.

The crypto industry is believed to hold the potential to revolutionize financial transactions through the utilization of decentralized currencies such as Bitcoin and Ethereum. Blockchain technology has the power to disrupt multiple industries. Although the crypto industry is still in its infancy, it possesses immense potential for growth and innovation. OANDA is at the forefront of this industry in Singapore.

The survey, which evaluated the top crypto brokers in Singapore based on criteria such as customer service, platform usability, and trading options, determined that OANDA was the clear winner. This victory is a testament to the hard work and dedication of the OANDA team, who strive to continually improve the platform and introduce new features to meet the evolving needs of its users. In response to the growing demand for crypto trading options, OANDA has opened up its crypto market to traders, allowing them to buy and sell Ethereum and other popular cryptocurrencies.

The OANDA platform offers a user-friendly interface and advanced tools to help traders make informed decisions. In addition, traders can rely on 24/7 customer support if they ever have any issues or concerns. The Ethereum trade offering is a key feature of the OANDA crypto market. Ethereum is the second-largest cryptocurrency by market capitalization and is widely regarded as one of the most promising digital assets in the crypto space. By providing Ethereum trading, OANDA is enabling its users to access this highly sought-after asset.

OANDA’s commitment to providing a top-notch trading experience for its clients has once again earned it the title of Singapore’s #1 crypto broker. As the crypto industry continues to evolve, OANDA will remain at the forefront, delivering an unbeatable combination of quality and value to its users.

• Monero (XMR) lost 15% of its value to the current price correction, dropping from $188 to around $160.
• XMR found steady support at $166.68 during the first phase of its price correction, but was stopped by intense selling pressure in the red zone.
• Despite this, the oversold condition could influence a trend reversal, and other metrics point towards a momentum change, with open interest rates increasing as the price declined.

Monero (XMR) has recently seen a sharp decrease in its price, dropping almost 15% from its peak of $188 to around $160. This price correction has been largely due to the intense selling pressure, as evident by the Relative Strength Index (RSI) entering the oversold territory. This is a sign that bears have been coming out in droves, but it could also be an indication of a trend reversal, as the oversold condition could trigger a price recovery.

At the same time, the open interest rates for XMR have been increasing despite the price drop, suggesting that there is still money flowing into the asset’s futures market. This is a positive sign, as it shows that the downtrend momentum could be weakening, and that a price recovery could be on the horizon. XMR has also found some support at $166.68 during the first phase of the price correction, and if this holds, then it could act as a base for the asset to aim for the immediate resistance targets of $162.58 and $164.26 in the next few hours or days.

On the other hand, bears could still push XMR lower to $157.71, invalidating the bullish outlook and possibly triggering a further price correction. Therefore, it is important to keep an eye on the price action of XMR and the open interest rates to get a better picture of the asset’s future movements.

1. Bitcoin has climbed past the $17k mark recently, but is facing intense resistance near the $17.6k and $17.8k marks.
2. ApeCoin has also traded within a higher timeframe zone of resistance and has posted a bearish divergence on the 4-hour chart.
3. A rejection at the order block could see a pullback to the bullish breaker at the $4.4 zone.

The crypto market has been in a state of flux lately, with Bitcoin soaring past the $17k mark, while altcoins have been struggling to keep up. ApeCoin (APE) is a notable exception, as the coin has seen an impressive run, trading within a higher timeframe zone of resistance.

The king of crypto, Bitcoin, surged to $17.4k at the time of writing and faced intense resistance near the $17.6k and $17.8k marks. A drop for Bitcoin could drag the rest of the market down as well. As for ApeCoin, it has been trading within a higher timeframe zone of resistance. A pullback was likely for APE, but this could be followed by a northward move.

On the daily timeframe, ApeCoin registered a bearish order block on 5 November, marked by a red box. This move upward to $5.25 was followed by a sharp drop to the $2.82 level a few days later. This marked the zone of resistance as a place where a similar reaction could occur once more. A rejection remained likely, and only a daily session close above $5.25 could flip this bias.

On the four-hour chart, the relative strength index (RSI) was receding even as the price climbed higher- a bearish divergence. This indicated that the bullish momentum was visibly slowing, even as the on-balance volume (OBV) climbed higher to indicate steady buying pressure.

A rejection at the order block could see a pullback to the bullish breaker at the $4.4 zone. The $4.26-$4.37 range was a good demand zone where buyers could potentially enter. If ApeCoin breaches the $5.25 mark and closes above it, then traders can expect it to test the $6.1 level, which is the next major resistance.

• Cardano [ADA] was stuck in another resistance range at press time and oscillated between $0.3145 and $0.3252.
• Bulls had the upper hand, given the RSI was in the overbought zone and OBV has increased recently.
• ADA could attempt to break above $0.3292 and retest the overhead resistance at $0.3457 in the next few days.

Cardano [ADA] has been trading in a tight range between $0.3145 and $0.3252 for the past few days. This is despite the fact that Bitcoin [BTC] rallied throughout 6 January and managed to retest $17.50K on 11 January. The rally was partly influenced by favorable macroeconomics, as the S&P 500 Index (SPX) surged from 6 January as investors remained optimistic about a further drop in Fed rates. This enthusiasm in stock markets resonated well with other asset classes, including BTC, and ADA and the rest of the altcoins also rallied.

The bulls had the upper hand in ADA, given the RSI was in the overbought zone and OBV has increased recently. This is a positive sign as it shows that there is strong buying pressure in the market, indicating that traders are bullish on the asset. As such, ADA bulls could attempt to break above $0.3292 and retest the overhead resistance at $0.3457 in the next few days. If the bulls are successful in breaking above this resistance, ADA could aim for $0.3827, a potential 20% rally.

On the other hand, if the bears manage to push ADA prices below $0.3145, it would invalidate the bullish bias. In this situation, the bears could find steady support at $0.2997, and ADA could trade within its previous mid-November and mid-December trading range of $0.2997 – $0.3292. Moreover, ADA has recorded an increased whale transaction count and development activity, which could be a sign of bullish momentum.

Overall, ADA looks poised to break past the $0.3292 resistance and test the $0.3457 resistance. If the bulls are successful in breaking above this level, ADA could rally to $0.3827, while if the bears take control of the market, the asset could fall to $0.2997.