#BAND
Creating a wedge pattern and reaching $1,440-$1,560 support. After passing through the wedge pattern, it can grow more reliably.
Creating a wedge pattern and reaching $1,440-$1,560 support. After passing through the wedge pattern, it can grow more reliably.
#COTI is trading in the range and seems like accumulation is going on. There is hardfork coming on 29 December and we might see some movement at the event. The next major resistance is the $0.066-$0.0665 area and we may see a possible retest of this zone.
#REN
A strong bearish trend has formed in a bearish channel. We are waiting for it to make corrections after its recent growth and probably descend to the bottom of the channel.
A strong bearish trend has formed in a bearish channel. We are waiting for it to make corrections after its recent growth and probably descend to the bottom of the channel.
⚡️MARKET MOVEMENT⚡️
While macro has been the main driver behind crypto price action throughout most of the year, this changed after the FTX implosion. Correlations dipped to as low as 0.17 immediately following the collapse and have stabilized below 0.6.
Overall, despite briefly decoupling from US equities markets, crypto is not insulated from the broad macro backdrop.
While macro has been the main driver behind crypto price action throughout most of the year, this changed after the FTX implosion. Correlations dipped to as low as 0.17 immediately following the collapse and have stabilized below 0.6.
Overall, despite briefly decoupling from US equities markets, crypto is not insulated from the broad macro backdrop.
#XLM continue the downtrend and there is no sign of strength yet. Don't rush for long entries as we may see more downward movement.
#XMR moves in a downward channel and there is a possibility of the price falling to the bottom of the channel.
#ZIL gave a breakout and fell strongly after . the major support is around 0.0138 - $ 0.0148 . Price is expected to reach that support, till then wait for a pull-back for short-sell entries.
#Binance users can now purchase crypto using Apple Pay & Google Pay
World Gold Council (WGC) statistics show the demand for #gold by central banks has risen at the fastest pace in 55 years.