Category: levels
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Key Support Levels to Monitor
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Bitcoin price failed to recover above the $62,500 resistance area. BTC is showing bearish signs and may fall back below the $60,000 support level. Bitcoin struggled to recover above the $62,200 and $62,500 levels. The price is trading below the $62,000 level and the 100 hourly simple moving average. A…
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Chart Art: Trend Correction Levels on Gold (XAU/USD)
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Gold has just broken through the consolidation zone, but the question now is whether this breakout is legitimate or an illusion in the making? Where could the market move next either way? Take a look at these nearby inflection points. Gold (XAU/USD) 4-Hour Frame Chart by TradingView Watch out, gold…
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Chart Art: AUD/CHF’s Long-term Trend Support Levels
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AUD/CHF is having difficulty choosing a direction after taking a break from its uptrend. Is it because AUD/CHF traders are ready for a bearish reversal? Or can the Australian dollar bulls and franc bears extend the long-term trend? This is the pattern I’m looking at on the daily time frame:…
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Pundit Says Dogecoin And Solana Have Hit ‘Make It Or Break It Levels,’ Why This Is Good News
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This was announced by a cryptocurrency expert Dogecoin (DOGE) And Solana (Sunday) They have reached “make it or break it” levels. This assessment is set to generate a wave of optimism as DOGE and SOL could be poised for a rebound soon. Dogecoin and Solana are at a Make It…
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Pundit Says Dogecoin And Solana Have Hit ‘Make It Or Break It Levels,’ Why This Is Good News
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This was announced by a cryptocurrency expert Dogecoin (DOGE) And Solana (Sunday) They have reached “make it or break it” levels. This assessment is set to generate a wave of optimism as DOGE and SOL could be poised for a rebound soon. Dogecoin and Solana are at a Make It…
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FX Watch: EUR/JPY Resistance Levels Ahead of ECB’s Decision
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The rise of EUR/JPY from the support area has me looking at potential resistance levels ahead of the European Central Bank (ECB) policy decision! Earlier this week, the Japanese yen got a boost from talks that the Bank of Japan may discuss slowing its bond purchases as early as next…
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Ethereum Price Might Breakout Above $4000 Levels In June
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the Ethereum network It has been the center of intense speculation and anticipation in the world of cryptocurrencies, as its native token, Ether (ETH), has emerged as a formidable contender against the market giant, Bitcoin. As the second-largest cryptocurrency by market capitalization, Ethereum’s price dynamics have shown remarkable resilience and…
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Pound nears 2016 levels as election nods to new Brexit tack: Mike Dolan By Reuters
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Written by Mike Dolan LONDON (Reuters) – The sight of the pound hitting its highest levels since the 2016 Brexit referendum after a surprise election announcement in the United Kingdom is hard to ignore – and may signal hope on the sidelines of recovery from the economic damage linked to…
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GALA Forms Descending Triangle Pattern – Here Are Key Levels To watch
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price Gala games (expensive) The pair has been moving in a consolidation fashion for a while now, moving between $0.05288 and $0.03758, forming a descending triangle pattern in the process. GALA has been on a downtrend since it reached an all-time high of $0.08714, resulting in a decline of more…
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EUR/USD dribble under 1.0800 brings key support levels into the picture
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The daily chart is the main focus of EUR/USD at the moment: Daily chart of EUR/USD The pair is falling back below the 1.0800 level currently, with the dollar remaining in control amid higher returns this week. The latter also affects the overall risk sentiment, doubling the dollar’s advantage across…
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Gym usage surpasses pre-pandemic levels, thanks to Gen Z
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Have you been spending a lot of time in the gym lately waiting for an empty squat rack? Or maybe you’re often in line for your favorite treadmill – the one located in the best area for watching TV? A new report says you’re probably not alone. ABC FitnessEditorial Health…
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Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?
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Heading into 2024, Bitcoin ETFs (exchange-traded funds) and the halving event are arguably the biggest stories in the cryptocurrency space. The Securities and Exchange Commission (SEC) approved the first spot Bitcoin products in the US early on, pushing the price of the coin to a new all-time high. On the…
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Bitcoin Breakout From Major Resistance Levels Signals Bullish Momentum
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Bitcoin Which had been moving lower for a while, has now managed to break above the previous resistance level of $67,303.98 and has been showing signs of a potential rally since then. At the time of writing, BTC price is up 0.04%, and is currently trading at around $67,303.98. BTC…
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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
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Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) of 2024, with its native OP token up 9% on the back of this bullish momentum. Optimism sees higher activity and higher transaction fees According to my recent path a reportOptimism’s traded…
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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
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Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) of 2024, with its native OP token up 9% on the back of this bullish momentum. Optimism sees higher activity and higher transaction fees According to my recent path a reportOptimism’s traded…
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Can XRP Price Maintain Momentum? Key Levels to Watch in the Short Term
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XRP price is trying a recovery wave from the $0.4865 support level. The price may gain upward momentum if it crosses the $0.5120 resistance level. XRP remained stable and started a recovery wave above $0.500. The price is now trading above $0.5050 and the 100 hourly simple moving average. There…
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Can Ethereum Maintain Momentum? Key Levels To Watch
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Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride recently, falling below the psychologically important $3,000 threshold only to claw its way back up. Ethereum price movement It was a confusing mix of bullish and bearish signals. Bullish whispers: new investors and short-term booms A glimmer of hope…
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Can Ethereum Maintain Momentum? Key Levels To Watch
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Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride recently, falling below the psychologically important $3,000 threshold only to claw its way back up. Ethereum price movement It was a confusing mix of bullish and bearish signals. Bullish whispers: new investors and short-term booms A glimmer of hope…
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Markets worry Treasury yields could jump back to levels that sparked chaos last October
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and Samhar/Getty Images The yield on 10-year Treasury bonds is hovering below the levels that caused a massive collapse last fall. However, persistent inflation and weak Treasury auctions could boost yields beyond the 5% level. Once this threshold is crossed, investors may experience a sharp correction in stocks. Treasuries may…
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EURUSD sets technical levels in the ups and downs after the US jobs report.
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EURUSD rose sharply after the US jobs report, and in the process extended above the 50% midpoint of the move down from the March high and also the 200-day moving average (at 1.0797 currently). The price extended above those levels and the top of the swing zone up to 1.08036.…