Category: Consolidates
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Dogecoin Consolidates Below Key Supply Level – Analyst Expects Rally Soon
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This article is also available in Spanish. Dogecoin (DOGE) is consolidating below the critical resistance level at $0.43, a price point that has caught the attention of traders and analysts alike. This key level, which represents a major hurdle, is widely viewed as a starting point for a potential parabolic…
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Dogecoin Consolidates Below Key Supply Level – Analyst Expects Rally Soon
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This article is also available in Spanish. Dogecoin (DOGE) is consolidating below the critical resistance level at $0.43, a price point that has caught the attention of traders and analysts alike. This key level, which represents a major hurdle, is widely viewed as a starting point for a potential parabolic…
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XRP Consolidates Below Crucial Resistance – Analyst Sets $1.60 Target
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This article is also available in Spanish. XRP is currently consolidating after a sharp 20% rebound from its recent local high of $1.63, which was set last Saturday. Despite the pullback, XRP remains a strong contender in the market as it remains stable above critical demand levels, showing resilience amid…
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Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead
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This article is also available in Spanish. Bitcoin has been trading in a narrow 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a big move in the coming days. Analysts and investors are watching this range closely as BTC approaches its all-time high (ATH). Senior Analyst…
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Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead
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This article is also available in Spanish. Bitcoin has been trading in a narrow 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a big move in the coming days. Analysts and investors are watching this range closely as BTC approaches its all-time high (ATH). Senior Analyst…
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TA of the Day: USD/JPY Chills Out And Consolidates But For How Long?
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the Japanese Yen The pound fell against the US dollar on Monday, after a strong run last week. Markets, especially Japanese ones, were rocked last week by the end of the once-popular yen carry trade, which involves borrowing yen at a low cost to buy other currencies and assets that…
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AUDUSD Technical Analysis – The price consolidates after the breakout
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Basic Overview The US dollar fell broadly last Friday after the release of the weak US non-farm payrolls report. The data showed further slowdown in the labor market with the unemployment rate rising and wage growth declining. Basically we have an economy that is slowing but still growing. We will…
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Dollar consolidates ahead of key inflation release; yen nears intervention By Investing.com
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Investing.com – The U.S. dollar was lower in early European trade on Thursday, giving up some of the previous session’s gains, while the Japanese yen fell into intervention territory. At 04:30 EDT (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down…
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Bitcoin Price Consolidates Gains: Stability in the Crypto Market Amid Recent Surge
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Bitcoin price rose and tested the $66,500 area. BTC is now consolidating gains and may attempt another surge towards $67,500. Bitcoin started the consolidation phase from the $66,500 resistance area. The price is trading above $65,000 and the 100 hourly simple moving average. There is a major uptrend line forming…
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Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)
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The cryptocurrency market has calmed down significantly over the past 24 hours, halting the downward attack and finding some consolidation in the process. Bitcoin is trading at around $61,000 on Sunday morning, while Ethereum is now firmly below the $3,000 pivot level. Are the Bitcoin bulls regrouping? like CryptoPotato As…
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Treasury yields rise after US 10-year auction. Chart consolidates
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US 10-year returns Where do 10-year returns belong? In the past year, they have traded from 3.7% to 5.0% as the market faces questions about future inflation and interest rates. The midpoint of this range is 4.35%, which is just below 4.49% currently. Yields rose 2 basis points today after…