Category: Range
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Narrow dollar range likely to remain for now
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Investing.com – The US dollar has been trading calmly against major currencies lately, and these tight ranges are likely to remain for a while longer, according to Goldman Sachs, with a wait for a divergence to take place. At 05:20 EDT (09:20 GMT), the dollar index, which tracks the US…
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$50 Price Range On The Horizon
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Injective (INJ), a decentralized exchange (DEX) protocol, is sparking excitement in the cryptocurrency market as analysts predict a potential price rise. The token has been under the watchful eyes of analysts, with many anticipating a significant upward move in its value. Related reading Technical indicators are flashing bullish signals for…
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Bitcoin falls to 50% of 2024 range this week and bounces. Price back above 100 day MA
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The price of Bitcoin fell earlier this week and in the process fell below the 100-day moving average (the blue line in the chart below is currently near $60,000), and towards the mid-50% of the 2024 trading range. At $56,150. This week’s low hit $56,500 (close enough). The subsequent move…