Aayush Jindal is a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. Renowned for his exceptional skills in technical analysis, Aayush is a trusted advisor to investors worldwide. His journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous
Analysis
After hitting resistance near the $70,000 mark, Bitcoin price has started a downward correction. The current support levels are crucial in determining whether the price will extend its losses or bounce back. Looking at the technical indicators, the hourly MACD is gaining momentum in the bearish zone. Additionally, the hourly RSI for BTC/USD has dipped
Ethereum has been facing challenges in clearing the $3,400 zone and has experienced a correction in its gains. Despite this, ETH is holding steady near $3,280 and there is a possibility of another increase in the near term. The price correction began after reaching the $3,400 resistance level, currently trading near $3,280 along with the
Godspower Owie, hailing from Edo State, Nigeria, had a childhood filled with love and support from his parents and siblings. His family played a vital role in shaping his values and character, instilling in him a sense of security and stability. The influence of his siblings as mentors and idols helped him navigate life’s challenges
The recent analysis by crypto analyst RLinda has shed light on the impressive strength shown by XRP, despite the decline in the prices of major cryptocurrencies like Bitcoin and Ethereum. This revelation comes as a surprise to many, considering XRP’s underperformance since the beginning of the year. RLinda points towards the improving fundamental backdrop of
Growing up in Edo State, Nigeria, Godspower Owie was fortunate to be surrounded by a supportive family that served as the foundation of his success. With three siblings who served as his idols and mentors, Godspower learned valuable life lessons that shaped his worldview and ambitions. His parents, in particular, played a crucial role in
The latest trend in the Bitcoin market has seen a sharp decline in price, with BTC dropping below the $66,500 support level. The cryptocurrency is currently struggling to hold above $65,500 and the 100 hourly Simple Moving Average, indicating a bearish momentum. A key indicator of the bearish trend is the break below a key
Ethereum price has recently experienced a significant decline, starting from the $3,500 resistance zone. The bearish trend has resulted in an 8% drop, with potential for further decline towards the $3,120 support level. The hourly MACD for ETH/USD is currently gaining momentum in the bearish zone, indicating a strong downward trend. Additionally, the hourly RSI
Despite multiple partial victories against the United States Securities and Exchange Commission (SEC), the XRP price continues to struggle to reach the coveted $1 mark. However, bulls remain optimistic due to the appearance of a Golden Cross formation on the chart. This formation, as pointed out by a pseudonymous crypto analyst, indicates a bullish trend
Scott Matherson is more than just a crypto writer at NewsBTC; he is a versatile individual with a unique ability to capture the pulse of the market. His expertise goes beyond merely reporting on market trends, as he delves into the intricacies of the crypto world with precision. Unlike many other writers in the crypto
