Category: Support
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Ethereum Price Heading For $3,360 – Can Key Support Levels Sustain The Uptrend?
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Ethereum (ETH) is currently facing a critical test as it approaches the key support level at $3,360. This price point has emerged as an important marker in recent trading sessions, with… Market participants We are watching closely to see if ETH is able to maintain its position or if further…
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NZDUSD Technical Analysis – The price is bouncing on a key support level
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Basic overview The US dollar continues to get support from good economic data as seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Although this data keeps interest rate expectations stable around two cuts by the end of the year, it should also…
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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: GBP/CAD’s Potential Support Near A Long-term Area Of Interest
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GBP/CAD is having trouble extending the downtrend despite a bullish CAD report. Will this extend the pair’s weeks-long upward trend? We look at the daily chart for more evidence: GBP/CAD Forex Daily Chart by TradingView In case you missed it, Canada just dropped its May CPI numbers which showed faster-than-expected…
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Here’s the First Critical Support if Bitcoin Drops Below $60K
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The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…
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Here’s the First Critical Support if Bitcoin Drops Below $60K
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The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…
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Dollar slips off highs ahead of PCE data, euro sees some support By Investing.com
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Investing.com – The US dollar fell on Monday, holding on after rising to an eight-week high last week, while the euro rose despite weak German business sentiment. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.2% at…
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Support Turns Resistance: Bitcoin Retests $64,515 After Break – Will It Hold?
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Bitcoin price dynamics took a major turn as the $64,515 support level, which was previously a crucial basis, turned into massive resistance after being breached. This pivotal change underscores the shift in market sentiment, with traders now watching closely to see if Bitcoin can regain this level. Facing more downward…
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Support Turns Resistance: Bitcoin Retests $64,515 After Break – Will It Hold?
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Bitcoin price dynamics took a major turn as the $64,515 support level, which was previously a crucial basis, turned into massive resistance after being breached. This pivotal change underscores the shift in market sentiment, with traders now watching closely to see if Bitcoin can regain this level. Facing more downward…
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DOT drops below support level, Raboo dominates crypto as Ethena revamps tokenomics
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Polkadot is facing resistance. Ethena is restructuring token economies for long-term staking, while Rapoo is enjoying the pre-sale frenzy. Polkadot (DOT) is facing a lot of resistance at the…
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Octopus Energy to Repay £3bn Taxpayer Support for Bulb Rescue
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Octopus Energy has announced it will pay back almost the full cost of government subsidies for its acquisition of failed energy provider Bulb. The move ensures that taxpayers will get back almost the full amount of the bailout. Octopus acquired Bulb, which collapsed in 2021 due to unsustainable losses caused…
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Bitcoin Slips Under $64,000: Here’s Where The Next Support Is
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Bitcoin has continued its recent downward trajectory over the past day with the asset’s price now falling below $64,000. Here’s what the next support for BTC looks like. Bitcoin has strong on-chain support between $61,900 and $63,800 According to market intelligence platform data IntoTheBlock, BTC is floating just above the…
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GBPJPY tests the highs from last week after dip today bounced off MA support
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GBPJPY was in an uptrend this week, but turned lower during the European session after weaker than expected preliminary PMI data. The price fell below the 100-hour moving average (blue line on the chart above at 200.77) but found support near the 200-hour moving average and the lower end of…
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Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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NZDUSD Technical Analysis – The price is getting closer to a key support
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Basic overview Last week, the US dollar lost strength across the board after the weak US CPI report, with the market cutting interest rates twice by the end of the year. The moves were reversed soon after as we got a slightly tougher than expected decision from the FOMC as…
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Analyst Calls Buy Signal As Solana Hits Key Support At $141
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according to Data from CoinMarketCap, Solana (SOL) performed somewhat positively in the last day, posting a market gain of 1.37%. This price increase, although small, is very encouraging for investors given the bearish form Solana stock has seen in the past week where it lost 8.11% of its market value.…
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Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy
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Solana price action It has been in decline In the past 30 days, the cryptocurrency recently fell to $141.3, its lowest price in the time frame. Interestingly, this decline has brought Solana to a key support level, which may be possible Change course In price movement over the next 30…
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Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy
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Solana price action It has been in decline In the past 30 days, the cryptocurrency recently fell to $141.3, its lowest price in the time frame. Interestingly, this decline has brought Solana to a key support level, which may be possible Change course In price movement over the next 30…
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Analyst Pinpoints Critical Support Zone For Bitcoin
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according to Data from CoinMarketCapBitcoin has had an unimpressive week with its market price falling by 4.65% over the past seven days. However, prominent cryptocurrency analyst Ali Martinez issued a price alert indicating that the market leader could suffer further losses if it fails to secure a certain support area.…