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
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Binance.US, the American arm of the world’s largest crypto exchange, Binance, is gearing up for the next chapter in its legal fight with the Securities and Exchange Commission (SEC). After an unsuccessful attempt to dismiss the SEC’s allegations of securities law violations, the court ruled in favor of the SEC on June 28, upholding 10
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
Bitcoin (BTC) is currently at a critical juncture as it approaches the significant resistance level of $64,515. The cryptocurrency has been showing signs of an upward trend, with growing momentum and increasing investor confidence. Breaking through this key resistance could potentially trigger a major rally, propelling BTC to new all-time highs. Upon closer inspection of
Aayush Jindal, a prominent figure in the financial markets, has amassed over 15 years of experience in Forex and cryptocurrency trading. His proficiency in technical analysis has garnered him a reputation as a trusted advisor and senior market expert, guiding investors worldwide through the complexities of modern finance. From a young age, Aayush demonstrated a
Bitcoin continues to face challenges in breaking above the key resistance level of $62,400. Despite trading above $61,500 and the 100 hourly Simple Moving Average, the price is struggling to make a significant move upwards. There was a recent break above a major bearish trend line with resistance at $61,250 on the hourly chart of
Aayush Jindal, a prominent figure in the financial markets, has been a beacon of excellence in Forex and cryptocurrency trading for over 15 years. His journey began with a natural talent for deciphering complex systems and patterns from a young age. This innate curiosity and aptitude for understanding market dynamics laid the foundation for his
Bitcoin has recently encountered a significant rejection at the $62,498 resistance level, which has emphasized the prevailing bearish sentiment in the market. This failure to surpass this critical threshold highlights the robust selling pressure that Bitcoin is currently facing, leading to concerns about potential downward trends. Traders and investors are now urged to approach the
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.
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