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Bitcoin really stood dominant in the past 6 months while Ethereum was lagging against other cryptocurrencies such as Solana and XRP. Is Ether going to play catch-up? An in-depth technical analysis is due for the second biggest crypto. ETH Revisits levels last seen in February 2025 around the $2600 mark. An Overview on the Cryptocurrencies […]

The post Ethereum Eyes Gains as It Trails Bitcoin’s Rally appeared first on Action Forex.

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26/03/2025

Dow Jones (DJIA) Advances, US Consumer Confidence Slides

Despite rising recession fears and declining US consumer confidence, the Dow Jones Industrial Average is experiencing gains. US consumer confidence has fallen for the fourth consecutive month. Key Technical Levels Identified for Dow Jones. US Equity markets continued their advance today as investors evaluated the impact of upcoming reciprocal tariffs following U.S. President Donald Trump’s […]
02/10/2024

Gold Wave Analysis

Gold reversed from support level 2625.00 Likely to rise to resistance level 2685.00 Gold recently reversed up from the support level 2625.00 intersecting with the upper trendline of the daily up channel from July (acting as the support after it was broken in September). The upward reversal from the support level 2625.00 continues the active […]
14/05/2024

Platinum Wave Analysis

Platinum reversed from resistance level 1010.00 Likely to fall to support level 990.00 Platinum just reversed down from the major resistance level 1010.00, which has been reversing the price from the end of December. The resistance level 1010.00 stands well above the upper daily Bollinger Band – increasing the possibility of the sharp correction in […]