Category: Support
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Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
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The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish forces. After recovering from Drop below $49,000 Earlier this month, Bitcoin was hovering around…
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Chart Art: NZD/CHF Long-Term Support Turned Resistance?
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I see a textbook break and retest condition forming on the daily timeframe of NZD/CHF! Will this area of interest remain a ceiling this time? Take a look at the potential long-term support-turned-resistance area I’m watching: Daily currency pair NZD/CHF Chart by TradingView Did you miss those recent NZD/CHF bearish…
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Chart Art: NZD/CHF Long-Term Support Turned Resistance?
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I see a textbook break and retest condition forming on the daily timeframe of NZD/CHF! Will this area of interest remain a ceiling this time? Take a look at the potential long-term support-turned-resistance area I’m watching: Daily currency pair NZD/CHF Chart by TradingView Did you miss those recent NZD/CHF bearish…
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PEPE Selling Pressure Surges As Price Slips Under $0.00000766 Support
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Recent trading activities reveal that baby It is under increasing selling pressure as its price drops below the critical support level of $0.00000766. This drop indicates another bearish move, with Bears Regaining control and looking for further decline towards the 00000589 level. A drop below this key level raises concerns…
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Tron Bullish Rebound At Support Level Signals Potential Upside To $0.1443
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Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This latest momentum shift suggests that the $0.1443 target is now within reach. As bullish optimism around Tron price continues to grow, traders are closely watching to see if the price can sustain its…
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Tron Bullish Rebound At Support Level Signals Potential Upside To $0.1443
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Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This latest momentum shift suggests that the $0.1443 target is now within reach. As bullish optimism around Tron price continues to grow, traders are closely watching to see if the price can sustain its…
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The NZDUSD has set close support and resistance to start the new week
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The NZD/USD pair fell at the start of the Asian session, and in the process found support from buyers against its 100-hour moving average. The price rebounded and moved towards its highest level from last Friday’s trading. This high level was stopped before its 100-day moving average and the 61.8%…
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Bitcoin Improves Market Dominance Over Altcoins, Stands Firm On Major Support
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Bitcoin has had a turbulent week with huge price swings keeping investors on edge. The cryptocurrency has been on a rollercoaster ride, dropping dramatically in value in a matter of hours before rebounding strongly. Specifically, Bitcoin fell from $66,000 to a low of $49,800 on Monday, just Mid-week bounceBitcoin peaked…
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Mpeppe (MPEPE) Presale Anticipated to Skyrocket as Ethereum Bulls Defend Key Support Level
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The cryptocurrency world is filled with excitement as Ethereum (ETH) bulls defend a crucial support level, and anticipation is growing for… Mbebe (Mbebe) Not only does this development underscore the strength of Ethereum (ETH), it also highlights the growing potential of Mpeppe (MPEPE), a new meme coin that is catching…
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Mpeppe (MPEPE) Presale Anticipated to Skyrocket as Ethereum Bulls Defend Key Support Level
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The cryptocurrency world is filled with excitement as Ethereum (ETH) bulls defend a crucial support level, and anticipation is growing for… Mbebe (Mbebe) Not only does this development underscore the strength of Ethereum (ETH), it also highlights the growing potential of Mpeppe (MPEPE), a new meme coin that is catching…
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USDCHF technicals are pretty easy as it trades between MA support and resistance.
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On Wednesday, the USD/CHF pair returned above its 100-hour moving average, and although the price corrected lower in yesterday’s Asian session and early European session, the bearish momentum found willing buyers near this moving average level. The subsequent rally on the back of yesterday’s rally in US stocks (and the…
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USDCAD has its share of ups and downs over the last few days. Seller bang against support.
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Today’s jobs data in Canada was good news for everyone. The unemployment rate was steady from last month at 6.4%, but below estimates of 6.5%. Employment data showed a -2.8K drop in jobs for the second straight month, but there were 61K full-time jobs and -64K part-time jobs. So the…
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TA of the Day: Key Support Level in Sight for USD/CAD ?
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the Canadian Dollar (scoundrel) strengthened against the US dollar (American dollar), hit a two-week high as market volatility eased. As the turmoil fueled by yen-financed debt reductions and uncertainty over U.S. interest rate cuts eases, market participants are regaining confidence in the Canadian dollar. However, the Bank of Canada remains…
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Banks tap Sh4trn in CBK support on cash crunch
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Commercial banks have increased their reliance on the Central Bank of Kenya for liquidity support this year as the sector pays the price of low government payments and high interest rates that have made it costly to mobilize deposits from customers. Lenders have withdrawn a cumulative Sh4 trillion from the…
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Banks tap Sh4trn in CBK support on cash crunch
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Commercial banks have increased their reliance on the Central Bank of Kenya for liquidity support this year as the sector pays the price of low government payments and high interest rates that have made it costly to mobilize deposits from customers. Lenders have withdrawn a cumulative Sh4 trillion from the…
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German drugstore chain shuns Teslas over Musk’s support for Trump By Reuters
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FRANKFURT (Reuters) – German drugstore chain Rossmann said on Tuesday it would no longer buy Tesla cars for its corporate fleet because of Chief Executive Elon Musk’s support for U.S. Republican presidential candidate Donald Trump. The pharmacy chain, one of Europe’s largest, said its decision took immediate effect and was…
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Bitcoin bill gains support, thousands push US senators to back it
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US citizens are backing a bill to create a strategic reserve for Bitcoin following statements from former President Donald Trump and Wyoming Senator Cynthia Lummis. According to Bitcoin (BTC) advocate Dennis Porter, nearly 3,000 American voters required Senate backs Bitcoin Strategic Reserve bill. Porter confirmed that Democratic senators received the…
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Donald Trump admits EV flip-flop was a quid-pro-quo to secure Elon Musk’s support
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Republican presidential candidate Donald Trump has admitted that he has softened his staunch opposition to electric cars in order to win the endorsement of billionaire Tesla CEO Elon Musk. The former president, known for his transactional politics, championed an economic agenda that relied heavily on cheap and abundant energy through…
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XRP Faces Bearish Pressure After Crashing Critical Support, Eyes $0.4663
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XRP price has recently seen significant bearish momentum, breaking through a crucial support level at $0.5724. With the cryptocurrency breaking through the key support level, it signals a major shift in the market. feelingsraising concerns that the downward trend could continue. This breakout suggests that selling pressure is building up…