rebound
15,643 views
5 Posts
Hot
Latest
Why Can’t Ethereum Break Above $2,000?
Ethereum has struggled to break above $2,000 in 2023, echoing a #bearish pattern from 2018-2019.
Factors include a stronger U.S. dollar, Ethereum's #underperformance compared to Bitcoin, and reduced investment in Ethereum.
The ecosystem's total value locked has decreased, leading to lower yields for investors, and Ethereum's gas fees have dropped. NFT activity has also declined.
Technically, Ethereum might #rebound to $1,665 but faces a bearish pattern, potentially dropping to $1,465 or $1,560 in October 2023. Breaking above $1,665 could push it to around $1,730.
#Binance
#crypto2023
Ethereum has struggled to break above $2,000 in 2023, echoing a #bearish pattern from 2018-2019.
Factors include a stronger U.S. dollar, Ethereum's #underperformance compared to Bitcoin, and reduced investment in Ethereum.
The ecosystem's total value locked has decreased, leading to lower yields for investors, and Ethereum's gas fees have dropped. NFT activity has also declined.
Technically, Ethereum might #rebound to $1,665 but faces a bearish pattern, potentially dropping to $1,465 or $1,560 in October 2023. Breaking above $1,665 could push it to around $1,730.
#Binance
#crypto2023
Is Litecoin Rising Alongside the Crypto Market Before the Fed Rate Decision? 🧑🏻⚖️
#Litecoin 's price surged to a three-week high, reaching nearly $68.50, outpacing the overall crypto market's 2% gain on September 19th.
However, in 2023, Litecoin has underperformed, down 3.85% year-to-date compared to the broader crypto market's 39% gains.
The surge is attributed to expectations of the Federal Reserve pausing #interest rate hikes, boosting investors' appetite for risky assets. Litecoin and the U.S. dollar have shown a negative correlation, moving in opposite directions.
Litecoin's recent gains follow a #rebound trend starting last week, with support near a long-term ascending trendline. Short liquidations worth $477,300 on September 19th contributed to price gains.
Technical analysis suggests Litecoin could target $78.50 in the coming weeks, coinciding with its 50-week exponential moving average.
#Binance
#crypto2023
#Litecoin 's price surged to a three-week high, reaching nearly $68.50, outpacing the overall crypto market's 2% gain on September 19th.
However, in 2023, Litecoin has underperformed, down 3.85% year-to-date compared to the broader crypto market's 39% gains.
The surge is attributed to expectations of the Federal Reserve pausing #interest rate hikes, boosting investors' appetite for risky assets. Litecoin and the U.S. dollar have shown a negative correlation, moving in opposite directions.
Litecoin's recent gains follow a #rebound trend starting last week, with support near a long-term ascending trendline. Short liquidations worth $477,300 on September 19th contributed to price gains.
Technical analysis suggests Litecoin could target $78.50 in the coming weeks, coinciding with its 50-week exponential moving average.
#Binance
#crypto2023
Since my advice two hours ago to go long, $ETH has increased by 1%. With a 10x long leverage, the current profit is 10%. Considering this is a #rebound after a significant drop, it's a good time to #takeprofit . In these two hours, switching to a long position has earned another 10%. Follow me, making money is this easy.
An M-top after a round of increase, and #shorting can be done when it #rebound to the neckline. That is, lay ambush short positions distributed between 43100~43300.$BTC
#Write2Earn
#Write2Earn
Put your $REI ON, always on watchlist and get it in the RSI breakdown. Potentially big rebound and bouncing higher. Have a nice weekend everyone.
REI/USDT 🟢 Spot/Long
Entry 1: 0.155 or better
Entry 2: 0.13
Entry 3: 0.11
Entry 4: 0.05
TP: 0.17 - 0.23 - 0.30
JP: 0.345
#dyor #TrendingTopic #REI #rebound
REI/USDT 🟢 Spot/Long
Entry 1: 0.155 or better
Entry 2: 0.13
Entry 3: 0.11
Entry 4: 0.05
TP: 0.17 - 0.23 - 0.30
JP: 0.345
#dyor #TrendingTopic #REI #rebound
Crypto Crash or Correction? 😱
Crypto market tumbles 8.7% in 24 hours as tensions between Iran and Israel trigger #risk aversion.
Bitcoin falls below $65,000 with nearly $2.5 billion in #liquidations , mostly from leveraged long positions. Analysts see this as a potential buying opportunity after a "normal" correction within a bullish bull flag pattern.
The market could #rebound to $2.5 trillion by month's end, with further gains if it breaks the flag's resistance.
#Binance
#crypto2024
Crypto market tumbles 8.7% in 24 hours as tensions between Iran and Israel trigger #risk aversion.
Bitcoin falls below $65,000 with nearly $2.5 billion in #liquidations , mostly from leveraged long positions. Analysts see this as a potential buying opportunity after a "normal" correction within a bullish bull flag pattern.
The market could #rebound to $2.5 trillion by month's end, with further gains if it breaks the flag's resistance.
#Binance
#crypto2024
