Recently, Ethereum’s price has shown signs of recovery as it surged above the $2,350 resistance level. The upward movement continued as ETH climbed above key levels such as $2,420 and $2,680, indicating a potential bullish momentum in the market. There is a connecting bullish trend line with support at $2,440 on the hourly chart of
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Aayush Jindal is a remarkable figure in the world of financial markets, with a career that spans over 15 years in Forex and cryptocurrency trading. His expertise in technical analysis has earned him a reputation as a trusted advisor and senior market expert, guiding investors worldwide through the complexities of modern finance. Aayush’s journey to
Aayush Jindal is a prominent figure in the world of financial markets, with over 15 years of experience in Forex and cryptocurrency trading. Known for his exceptional technical analysis skills, Aayush is a trusted advisor to investors globally, providing them with invaluable insights and astute chart analysis. From a young age, Aayush demonstrated a natural
Bitcoin has shown signs of recovery recently, with the price surpassing key resistance levels such as $55,000. However, despite these positive movements, there are still challenges ahead for BTC as it attempts to clear the $58,000 resistance zone. As of now, Bitcoin is trading below $58,000 and the 100 hourly Simple Moving Average, indicating that
The US Securities and Exchange Commission (SEC) has strongly opposed Coinbase’s attempt to compel additional discovery in their ongoing legal dispute. The SEC has raised concerns about Coinbase’s broad request for documents, which the regulator believes are not relevant and place an undue burden on them. In a memorandum submitted on August 5th, the SEC
The recent volatility in the cryptocurrency market has left many investors on edge, with the price of Bitcoin experiencing a sharp decline below $50,000. However, one crypto trader, Peter Brandt, has made a bold prediction that Bitcoin could soar to new all-time highs of $90,000. This optimistic projection comes at a time when many are
In a recent revelation, Binance CEO Richard Teng shared that the exchange experienced record inflows and one of its highest trading volumes this year. Teng reported a net inflow of $1.2 billion in the past 24 hours, based on DefiLlama’s CEX Transparency metrics. According to data from DeFillama, Binance’s inflows had reached over $2 billion
Uniswap (UNI) has recently experienced a 13% rebound, pushing its price above the critical $5.6 level. This rebound has caught the attention of investors and traders, who are now looking to see if the bullish momentum can be sustained and drive the price even higher. At the time of writing, UNI is trading at around
In the midst of a significant price downturn that saw XRP hitting a low of $0.438, large holders of XRP, known as ‘whales’, have been actively taking advantage of the lower prices to accumulate more tokens. Despite the sharp decline of 20% within a 24-hour period, on-chain transaction data indicates that these whales are not
As of now, Ethereum price has shown signs of recovery from the $1,910 zone, with an increase of over 10%. The cryptocurrency is currently consolidating near the $2,500 zone. This recovery wave kicked off with a break above key resistance levels at $2,250 and $2,400. Despite this positive momentum, Ethereum is still trading below $2,650