Ethereum has been experiencing a difficult time trying to break above the $2,600 resistance zone. Despite starting a recovery wave from the $2,400 mark, ETH is struggling to gain momentum in order to make a significant move above this crucial level. One positive aspect is the break above a key bearish trend line with resistance
Analysis
Bitcoin price has entered a consolidation phase near the $58,500 level after testing the $58,000 zone and experiencing a minor recovery. The current price is below $62,000 and the 100 hourly Simple Moving Average, indicating a bearish sentiment in the market. A major bearish trend line is forming with resistance at $60,200 on the hourly
The recent decline in Ethereum’s price has been significant, with the cryptocurrency trading below $2,550 and the 100-hourly Simple Moving Average. This downward trend has raised concerns among investors and traders alike, as ETH struggles to maintain its value in the volatile crypto market. Despite a minor recovery wave above the $2,420 and $2,440 levels,
Aayush Jindal, a well-respected figure in the financial markets, boasts an impressive career spanning over 15 years in Forex and cryptocurrency trading. Known for his expertise in technical analysis, he has gained recognition as a trusted advisor and senior market expert, guiding investors worldwide with his sharp insights and astute chart analysis. From a young
Aayush Jindal is a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His expertise in providing technical analysis and guiding investors through the complexities of modern finance has earned him a reputation as a trusted advisor and market expert. Aayush’s journey to success is marked by
Ethereum’s price has been consolidating above the $2,700 resistance level, showing signs of potential bullish momentum if it manages to clear the $2,785 resistance zone. However, the cryptocurrency is facing challenges in gaining pace for a move above the $2,800 level. The price is currently trading above $2,700 and the 100-hourly Simple Moving Average, indicating
The recent movement in the price of Bitcoin has shown signs of strength as it tested the $65,000 resistance level. In order to sustain this momentum, BTC needs to break above the $65,000 mark in the short term. The price has been steadily increasing above the $63,000 zone and is currently trading above $63,500, supported
Crypto analyst Man of Bitcoin recently analyzed the trajectory of Bonk’s (BONK) using the Elliot Wave Theory. According to his analysis, the Solana meme coin has the potential to reach $0.000027 in the third wave. This prediction is based on the confirmation that BONK has already broken above the first wave at $0.000022. The analyst
Growing up in Edo State, Nigeria, I was surrounded by my three siblings who served as my idols and mentors. They played a significant role in shaping my understanding of life and helping me navigate through its challenges. However, it was my parents who truly laid the foundation for my journey. Their unwavering support and
My name is Godspower Owie, and I hail from Edo State, Nigeria. Growing up, I was surrounded by my three siblings who have always been my role models and guides, shaping my understanding of the world. The unwavering support and love of my parents have been the foundation upon which I have built my life.
