Despite some initial hopes for a recovery, Ethereum’s price has remained stagnant below the $3,150 zone. The bears seem to be in control once again as ETH is on the path to potentially drop below $2,800. The recent decline saw Ethereum struggling to break above key resistance levels, with the price trading below $3,000 and
Analysis
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In recent market movements, BNB has taken a hit as it falls below the critical $500 support mark. This dip signifies an increase in selling pressure and a growing bearish sentiment within the cryptocurrency market. Analysts and traders are closely monitoring the situation for further downward movement, potentially targeting lower support levels. The breach of
Aayush Jindal has emerged as a luminary in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His journey to becoming a trusted advisor and senior market expert to investors worldwide is marked by his innate ability to decipher complex systems and unravel intricate patterns. From a
The Ethereum price continues to remain in a bearish zone, struggling to break above the $3,250 resistance level. Despite multiple attempts to recover, ETH has failed to gain momentum and has instead plummeted below the $3,000 support level. The recent dip even tested the $2,850 zone, showing the ongoing struggle of Ethereum to maintain a
The Bitcoin price recently attempted to recover above the $61,500 resistance zone but unfortunately failed. This failure led to another decline in BTC’s value, with predictions pointing towards a possible dive towards the $55,000 mark. Current Price Movement As of now, Bitcoin is trading below $60,000 and the 100 hourly Simple Moving Average. There is
A crypto analyst recently made waves in the industry by predicting a substantial rally for XRP, the native token of the XRP Ledger (XRPL). This analyst, known as Tylie Eric, expressed great optimism about XRP’s potential to reach new all-time highs in a post on X (formerly Twitter) in June. He shared a price chart
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His expertise lies in providing technical analysis that is unparalleled, making him a trusted advisor and senior market expert for investors worldwide. From a young age, Aayush demonstrated a talent for
The Ethereum price recently made an unsuccessful attempt to break through the $3,520 resistance zone, resulting in a fresh decline. Subsequently, ETH dropped below the $3,250 support level and even tested the $3,150 zone. Looking at the hourly chart of ETH/USD, it is evident that the price is currently trading below $3,250 and the 100-hourly
Aayush Jindal is a distinguished figure in the financial markets, with a wealth of experience spanning over 15 years in the realms of Forex and cryptocurrency trading. Known for his exceptional proficiency in providing technical analysis, Aayush has established himself as a trusted advisor and senior market expert, guiding investors around the world with his