Bitcoin price has failed to initiate a recovery wave above the crucial $61,500 resistance zone, causing the leading cryptocurrency to start another downward spiral. As a result, Bitcoin may potentially drop towards the $55,000 mark. The failure to break above $61,500 has led to a bearish trend, with BTC trading below the $60,000 level and
Analysis
A recent analysis by a crypto analyst has shed light on potential significant price movements for XRP, the native token of the XRP Ledger. The analyst, Tylie Eric, expressed bullish optimism about XRP in a social media post, highlighting the cryptocurrency’s potential for a major rally in the near future. One of the key indicators
Aayush Jindal is a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His journey began at a young age, where he displayed a remarkable talent for deciphering complex systems and patterns. This natural aptitude, coupled with an insatiable curiosity for market dynamics, laid the foundation for
Ethereum’s price failed to break above the $3,520 resistance zone, signaling a fresh decline in the market. The digital asset plunged below the $3,250 support level and even tested the $3,150 zone, indicating a bearish trend. With Ethereum trading below $3,250 and the 100-hourly Simple Moving Average, there is a key bearish trend line forming
Growing up in Edo State, Nigeria, I was surrounded by a supportive family that shaped me into the person I am today. My siblings were my idols and mentors, guiding me through life and helping me understand the world around me. My parents, the backbone of my story, have always been there for me through
Bitcoin’s price has recently faced challenges in surpassing the $63,650 resistance zone, leading to a correction in its gains. The cryptocurrency started its downward trend from this crucial resistance level, currently trading below $62,500. The 100 hourly Simple Moving Average has also been breached, indicating a potential bearish sentiment in the market. Despite reaching a
Aayush Jindal is a distinguished figure in the realm of financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. He is widely recognized for his exceptional skill in providing technical analysis and is revered as a trusted advisor to investors worldwide. From a young age, Aayush demonstrated a natural talent for
Aayush Jindal is a prominent figure in the financial markets, boasting a wealth of experience that spans over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he navigates investors through the complexities of modern finance with his insightful analysis and chart interpretation skills.
Aayush Jindal is a remarkable figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he provides invaluable insights and astute chart analysis to investors worldwide. From a young age, Aayush exhibited a
The Ethereum price has recently experienced a downside correction after failing to surpass the $3,520 zone. However, ETH is currently stable above $3,420 and is trading above the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $3,470 on the hourly chart of ETH/USD (data feed via Kraken). In