Category: Bounce
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Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery
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This article is also available in Spanish. In the past week, Ethereum (ETH) has fallen by 9.3%, falling from $3,630 on January 3 to $3,235 at the time of writing. While ETH is striving to defend the important psychological support level at $3,000, some cryptocurrency analysts remain confident that the…
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Dogecoin Price Enters Consolidation Zone After Market Bounce With Eyes At $3
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A cryptocurrency analyst has confirmed that the price of Dogecoin has entered a consolidation zone after witnessing a recent market bounce above the $0.3 level. The analyst predicts that Dogecoin is now eyeing a new target price of $3.4, aiming to reach a level New all-time high in 2025. Dogecoin…
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Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85
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This article is also available in Spanish. Cryptographic analyzer Dark Defender It revealed a target to watch out for as XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP remains bullish. XRP price reaches a new ATH…
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Solana Headed For Correction Before Bounce – Analyst Sets $180 Target
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This article is also available in Spanish. Solana (SOL) is trading around a crucial ask level at $165, after pulling back from its recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further decline. However,…
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Chart Art: Is The U.S. Dollar Index Ready To Bounce Higher?
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The US dollar retreated from some of its weekly gains after an advanced GDP reading disappointed market expectations. Are we looking at an opportunity to buy the dollar at lower levels? We zoom in on the 4-hour chart to check the range setting: US Dollar Index (DXY) 4 Hour Forex…
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Cardano (ADA) Eyes a Potential Recovery: Can It Bounce Back?
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Cardano price started a new decline below the $0.3565 area. ADA is consolidating above $0.3420 and may attempt a recovery wave. ADA price started moving lower below the $0.3520 support level. The price is trading below $0.3500 and the 100 hourly simple moving average. There was a break above the…
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Cardano (ADA) Eyes a Potential Recovery: Can It Bounce Back?
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Cardano price started a new decline below the $0.3565 area. ADA is consolidating above $0.3420 and may attempt a recovery wave. ADA price started moving lower below the $0.3520 support level. The price is trading below $0.3500 and the 100 hourly simple moving average. There was a break above the…
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Chart Art: Is WTI Crude Oil (USOIL) Ready To Bounce From $70?
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WTI crude oil is taking a break from its weekly losses by being in a key technical support area. Is the black crack ready for an upward swing? We take a closer look at the USOIL 4-hour time frame: WTI (USOIL) 4 hours Chart by TradingView In case you missed…
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Chart Art: WTI Crude Oil (USOIL) Triangle Resistance Bounce
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Are crude oil bears about to stay in the game longer? A look at the daily time frame of the energy commodity shows a large bearish triangle pattern that has been in place since November of last year. WTI (USOIL) daily Chart by TradingView Earlier this week, we looked at…
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European equity close: Strong bounce with the DAX leading the way
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Why The Bitcoin Bounce Off $66,000 Is Not Entirely Bad News
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Bitcoin price action in the past two weeks has reiterated its volatile nature despite the constant influx of institutional money. In the last days of September, the cryptocurrency rose from $53,500 to a high of $66,000. Only to withdraw to $61,000 In the first few days of October, demonstrating its…
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Uptober? Cryptocurrencies bounce heading into October’s first weekend
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Cryptocurrencies tried to ignore the market decline caused by geopolitical conflicts ahead of the first weekend of October. Major cryptocurrencies and the total market cap of digital assets jumped 2% on October 4, as ecosystem leaders such as Bitcoin (BTC) and Ethereum (ETH) recovered prices by press time. Nearly $36…
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Key Causes And Where To Expect A Bounce Back To $70,000
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This article is also available in Spanish. Bitcoin (BTC) has recently appeared poised for significant upward momentum and has seen a notable price correction. After a two-month high of $66,500 last Friday, the cryptocurrency fell nearly 6% in the past week to around $60,000 by Thursday. Major buying areas for…
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Key Causes And Where To Expect A Bounce Back To $70,000
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This article is also available in Spanish. Bitcoin (BTC) has recently appeared poised for significant upward momentum and has seen a notable price correction. After a two-month high of $66,500 last Friday, the cryptocurrency fell nearly 6% in the past week to around $60,000 by Thursday. Major buying areas for…
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Sell an October election year seasonal bounce in US dollar: BofA By Investing.com
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Investing.com – Bank of America said in a note on Friday that investors should consider selling the US dollar during a potential rebound next October, driven by historical seasonal patterns and current technical indicators. According to Bank of America, while there may be an initial rise in the price of…
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Sell an October election year seasonal bounce in US dollar: BofA By Investing.com
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Investing.com – Bank of America said in a note on Friday that investors should consider selling the US dollar during a potential rebound next October, driven by historical seasonal patterns and current technical indicators. According to Bank of America, while there may be an initial rise in the price of…
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Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months: Analyst
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This article is also available in Spanish. Bitcoin (BTC) appears to be recovering from its summer slumber, say analysts who believe the asset could rebound in the coming months. Recent technical indicators and charts suggest that Bitcoin could be on the cusp of a major price move. The cryptocurrency is…
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Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months: Analyst
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This article is also available in Spanish. Bitcoin (BTC) appears to be recovering from its summer slumber, say analysts who believe the asset could rebound in the coming months. Recent technical indicators and charts suggest that Bitcoin could be on the cusp of a major price move. The cryptocurrency is…
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BNB Price Faces Challenges: Will It Hold $550 and Bounce Back?
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BNB price struggles to stay above Support area is $550. The price may start rising again if it breaks the resistance area of $560. BNB price started a fresh decline from the $592 resistance area. The price is now trading below the $565 level and the 100-hour simple moving average.…
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AUDUSD is bouncing after exhausting momentum. NZDUSD has a small bounce. Not impressed
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The AUDUSD and NZDUSD pairs have been going hand in hand this week towards the downside, but the NZDUSD pair has seen more bearish momentum. Yesterday, the AUD/USD pair fell below its 200-day moving average and 50% retracement near 0.6583 and 0.6579 respectively. The price then gained momentum after breaking…