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Bitcoin: ⬆️ Buy Bitcoin reversed from support level 106850,00 Likely to rise to resistance level 111830.00 Bitcoin cryptocurrency pair recently reversed up from the support level 106850,00 (which has been reversing the price during the last few trading sessions), intersecting with the 50% Fibonacci correction of the previous upward impulse from last week. The support […]

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01/03/2024

Market Analysis: GBP/USD Struggles While USD/CAD Aims Higher

GBP/USD is attempting a recovery wave from 1.2600. USD/CAD is rising and might aim for a move above the 1.3580 resistance zone. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a fresh decline from the 1.2700 resistance zone. There is a key bearish trend line forming with resistance near 1.2665 on […]
06/06/2024

ETHUSD Consolidates as Advance Pauses

ETHUSD posts fresh 2-month high following ETF approval But fails to extend its rally as bulls lift foot off the gas Momentum indicators ease from overbought conditions ETHUSD (Ethereum) had been on the rise after claiming the 50-day simple moving average (SMA) in mid-May, also helped by the regulatory approval of spot-Ethereum ETFs in the US. Although […]
30/01/2024

Major Altcoins Leading Crypto Recovery

Market picture The cryptocurrency market has added over 2% in the last 24 hours. Bitcoin gained 3% during this time, Ethereum rose 1.75%, while Solana and Cardano outperformed the market, adding 5.7% and 8.3%, respectively. The outperformance in major altcoins points to a broadening of participant interest beyond the two largest coins. But don’t expect […]