Category: Downside
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Is Bitcoin Showing Another False Downside Deviation? Analyst Weighs In
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Bitcoin (BTC) surrendered to increase global economic certainty as it declined to 85,418 dollars earlier today, as it eliminated more than $ 150 billion of the total market value in the past 48 hours. The sharp decline of investors has left the brink of the abyss, but the Rekt Capital…
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Bitcoin Price Is Trading In This Bearish Flag — What’s The Downside Target?
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Opeyemi is a writer and enthusiastic in the world of exciting and unique cryptocurrencies. Although the digital assets industry was not its first choice, it remained completely decreed since it entered space for two years. Now, Opeyemi is proud to create unique pieces that reveal Blockchain technology complications and share…
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XRP Price Takes a 5% Hit: Is More Downside Ahead?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Super Micro Computer Shares Fall Again on Latest Update. Is the Bottom In, or Is There More Downside Ahead for the Stock?
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shares Super micro computer (NASDAQ: SMCI) It fell again after the company provided investors with an update on its first-quarter financial results, as well as its current audit and filing process. Supermicro was a big winner early in the year, with its shares quadrupling during the first three months of…
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Analyst Says Downside Is Minimized As 1M, 3M, And 6M Candles Turn Bullish
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This article is also available in Spanish. While the cryptocurrency market rides the bullish wave it has stimulated Donald Trump wins In the US presidential election, Dogecoin’s price emerged as the best performer, rising more than 25% earlier this week. As momentum builds towards a potential all-time high, a cryptocurrency…
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Analyst Says Downside Is Minimized As 1M, 3M, And 6M Candles Turn Bullish
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This article is also available in Spanish. While the cryptocurrency market rides the bullish wave it has stimulated Donald Trump wins In the US presidential election, Dogecoin’s price emerged as the best performer, rising more than 25% earlier this week. As momentum builds towards a potential all-time high, a cryptocurrency…
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SUI In Bear Territory: RSI Drop Suggests Further Downside Risk
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With SUI falling further into bearish territory, technical indicators are increasingly pointing to a challenging path ahead. The key gauge, the Relative Strength Index (RSI), has turned negative, indicating that selling pressure is mounting and further downside may be on the horizon. As SUI deals with this bearish shift, market…
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SUI In Bear Territory: RSI Drop Suggests Further Downside Risk
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With SUI falling further into bearish territory, technical indicators are increasingly pointing to a challenging path ahead. The key gauge, the Relative Strength Index (RSI), has turned negative, indicating that selling pressure is mounting and further downside may be on the horizon. As SUI deals with this bearish shift, market…
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Bitcoin Shorts Surge On Binance – Bear Trap Or Downside Risk?
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After reaching new local highs recently, Bitcoin is at a turning point, pushing the market into a cautious but optimistic mood. Despite the rally, analysts and investors remain cautious, as Bitcoin has repeatedly fallen from these levels since March, leading to concerns about another potential decline. The question on everyone’s…
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PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963
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babyThe recent price action has raised concerns among traders, as the bullish momentum appears to be fading. After attempting a bounce, the token encountered strong resistance at the $0.00000963 mark, indicating a potential shift in market sentiment. With bulls struggling to maintain control and selling pressure building, the door is…
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PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963
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babyThe recent price action has raised concerns among traders, as the bullish momentum appears to be fading. After attempting a bounce, the token encountered strong resistance at the $0.00000963 mark, indicating a potential shift in market sentiment. With bulls struggling to maintain control and selling pressure building, the door is…
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The AUDUSD is lower and below a key downside target.What next for today and going forward
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The Australian dollar fell sharply against the dollar in US trading today on the back of the strong US jobs report. The bearish move has pushed the price below the 38.2% retracement of the upward move from the September 11 low at 0.6819 and also the bullish 100 bar moving…
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USDJPY rotating back to the downside after extension to a new high stalls
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In the morning video, I talked about the 50% midpoint of the move up from the January 2023 low at 144.581. The price has been trading above and below this level over the past two months, but this week’s rally has returned to the level, giving traders a choice: Based…
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GBPUSD holds the 1.3265 level on the downside. Bounces
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In the introductory video earlier today, I highlighted key levels for the GBP/USD pair. On the downside, the 1.3265 level has been a major support. Looking at the price action of GBP/USD since then (see chart below), the low for the day was 1.32676, just 2 pips below the targeted…
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NASDAQ index leads the way to the downside
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The Nasdaq is trading at a fresh session low and its lowest since August 12. The move lower is due to a mixed/weaker US jobs report. Nonfarm payrolls rose less than expected (142K vs. 160K expected) with prior months also revised down by 86K. The unemployment rate fell to 4.2%…
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Bank of America sees more downside for the dollar By Investing.com
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The US dollar has stabilized after a sharp decline in August, but Bank of America Securities sees more trouble ahead for the greenback. At 07:20 ET (11:20 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 101.077, having largely held…
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Dollar has more downside as Fed cuts approach
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Investing.com – The U.S. dollar has had a tough summer so far, and Capital Economics expects further declines over the next two years, citing unfavorable interest rate differentials and continued strong risk appetite. The dollar index, which measures the greenback against a basket of six other currencies, has fallen about…
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Bitcoin tumbles to its lowest since February as downside momentum intensifies
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Bitcoin (BTC/USD) Daily Chart The signs were already building yesterday as sellers tested the waters below the 200-day moving average (blue line). This eventually led to a break of the May low today and momentum continues to build. Well, it certainly doesn’t look good on the charts. In terms of…
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Rising trade policy uncertainty poses a downside risk to growth: Goldman Sachs By Investing.com
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Comments and actions on global trade policy are becoming increasingly hawkish, and a potential victory by Donald Trump in the upcoming presidential election could lead to the imposition of significant tariffs on U.S. imports, potentially leading to retaliation and escalation, according to economists at Goldman Sachs. As a result, indicators…
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Downside potential in play for GBPNOK?
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Rationale for buying the Norwegian krone: The Norwegian Bank is one of the last central banks likely to cut interest rates. The bank’s decision to keep interest rates unchanged, coupled with rising inflation and wage growth expectations, indicates a hawkish stance. The Norwegian krone is undervalued, and the Norwegian Bank’s…