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
Analysis
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
Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has garnered him a global following, thanks to his exceptional proficiency in technical analysis. Aayush’s journey to success began at a young age, where
Despite initial attempts to break above the $3,500 resistance zone, Ethereum has failed to sustain its upward momentum. The price is currently consolidating below this crucial level, trading around $3,480 and below the 100-hourly Simple Moving Average. A key declining channel is forming with resistance at $3,470 on the hourly chart of ETH/USD. Following a
Bitcoin price has been struggling to break above the $68,500 resistance zone, leading to a correction in its bullish trend. The cryptocurrency is currently trading below $66,500 and the 100 hourly Simple Moving Average, indicating a potential decline towards the $65,500 support zone. There was a significant break below a key bullish trend line with
Growing up in Edo State, Nigeria, with supportive parents and inspiring siblings, I have always been surrounded by love and encouragement. However, it was my introduction to the world of cryptocurrency three years ago that truly sparked my interest in the potential for growth and success in this ever-evolving field. The catalyst for my journey
Aayush Jindal, a prominent figure in the financial markets arena, boasts of over 15 years of experience in Forex and cryptocurrency trading. With a reputation for providing top-notch technical analysis, Aayush is not just a trusted advisor but also a senior market expert who assists investors worldwide in navigating the complexities of modern finance. His
Aayush Jindal is a distinguished figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has solidified his position as a luminary in the industry. From a young age, Aayush demonstrated a natural talent for deciphering complex systems and
Ethereum price has been struggling to clear the $3,500 resistance zone, with various attempts to break through but facing significant hurdles. The cryptocurrency is currently consolidating below the $3,550 resistance zone. There is a key bullish trend line forming with support at $3,440 on the hourly chart of ETH/USD, indicating a potential upward movement if
