Category: Retraces
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Solana Retraces TRUMP Meme Pump Gains – But Technicals Suggest A $300 Run
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This article is also available in Spanish. Solana (SOL) faced a brutal sale yesterday, reflecting the collapse of the broader market caused by the escalation of the concerns of the American trade war. The price decreased more than 19 % in less than 24 hours, wiping weeks of gains and…
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AVAX Retraces To Key Support Level: Expert Expects $32 Target By October
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The cryptocurrency market saw a significant pullback yesterday, with many assets falling to lower levels. Avalanche (AVAX) suffered a 15% decline from its recent local high of $28.01. This pullback has caught the attention of analysts and investors, who are now looking at it as a strategic entry point for…
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Are investors safe as VIX retraces at record pace? By Investing.com
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While the dollar is falling at a record pace, Bank of America said in a note on Tuesday that investors may be inclined to breathe a sigh of relief. However, the bank questioned whether the path was really clear yet. After a spike in volatility on August 5, the VIX…
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PEPE, WIF, FLOKI Explode by Double Digits While BTC Retraces After Mt. Gox News (Market Watch)
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Bitcoin jumped above $65,000 for the first time in weeks, but the Mt. Gox news sent the asset down more than $2,000 in minutes. The prices of several altcoins, which mostly represent the meme coin industry, have risen by double digits in the past day. BTC goes up and down…
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USDCAD retraces gains on the day and tests swing area support ahead of 38.2 retracement.
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USD/CAD has now regained its previous gains in today’s trading. The price is now falling and testing the swing zone between 1.3604 and 1.3615. A move below this level would have traders looking towards the 38.2% retracement of the move up from the December 2024 low to the high price…