As Ethereum started an upside correction from the $3,240 support zone, it faced strong resistance at $3,420. The price is currently trading below this level, as well as the 100-hourly Simple Moving Average. A key bearish trend line is forming with resistance near $3,410 on the hourly chart of ETH/USD (data feed via Kraken). In
Analysis
Aayush Jindal, a prominent figure in the financial markets, has dedicated over 15 years to mastering the art of Forex and cryptocurrency trading. His journey began at a young age, driven by a natural curiosity for understanding market dynamics and unraveling patterns. This innate aptitude led him to become a trusted advisor and senior market
The Ethereum price has been on a rollercoaster ride, extending losses below the $3,320 support and testing the $3,240 support zone. Despite some minor upward movements, the price remains below $3,400 and the 100-hourly Simple Moving Average. A key bearish trend line has formed with resistance near $3,440, indicating a challenging road ahead for Ethereum.
Bitcoin has recently experienced a bearish momentum, causing it to trade below the $60,000 mark. This downward movement has led to BTC signaling a short-term downtrend, with potential hurdles near the $62,000 threshold. The price is currently below $61,500 and the 100 hourly Simple Moving Average, indicating a negative trend in the market. Despite attempts
Aayush Jindal, a prominent figure in the financial markets, has made a name for himself through his expertise in Forex and cryptocurrency trading. With over 15 years of experience under his belt, Aayush has established himself as a trusted advisor and senior market expert, guiding investors worldwide with his astute chart analysis and keen insights.
Aayush Jindal is a renowned figure in the financial markets, with a career spanning over 15 years in Forex and cryptocurrency trading. His expertise in providing technical analysis has earned him a reputation as a trusted advisor and senior market expert, guiding investors through the complexities of modern finance with his keen insights and astute
Recent data analysis provided by CryptoQuant has shed light on the current on-chain behavior of XRP that stands out amidst the broader market uncertainty. This unique behavior is particularly intriguing due to the increased open interest in XRP compared to other cryptocurrencies, hinting at a potential significant price movement for XRP. Open interest, as defined
Born and raised in Edo State, Nigeria, my upbringing was shaped by the guidance of my parents and the influence of my siblings. They have been my pillars of strength and the driving force behind my pursuit of knowledge and understanding. Growing up in such a supportive environment, I have developed a strong sense of
From a young age, Aayush Jindal displayed a remarkable talent for decoding complex systems and patterns. This innate ability, paired with an insatiable curiosity for understanding market dynamics, laid the foundation for his successful career in the realms of Forex and cryptocurrency trading. With over 15 years of experience in the financial markets, Aayush has
Aayush Jindal is not just your average financial expert; he is a luminary in the world of financial markets with over 15 years of experience in Forex and cryptocurrency trading. His journey to success began at a young age when he exhibited a natural aptitude for deciphering complex systems and unraveling patterns. This insatiable curiosity