LIVECryptosns
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Despite concerns about regulatory changes and a recent interest rate hike by the US Federal Reserve, Bitcoin has experienced a 3.8 percent increase in value over the past 24 hours. This has resulted in an overall upward trend in the cryptocurrency market.
#crypto2023
#crypto2023
XRP's 30-day moving average (red), it had been below its 200-day average (blue) prior to yesterday's rally, putting the coin in a good position for a recovery.
#crypto2023
#crypto2023
XRP's chart reveals very strong momentum, with the coin's relative strength index (purple) rising beyond 70 last night, only to come down a little this morning.
#crypto2023
#crypto2023
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FOMC
6,450 views
20 Posts
Market Update -
We are seeing low volumes for $BTC at the moment which is to be expected considering tommorows FOMC will be the most important of the year. Many people are waiting to position, so right now patience could be the best trade for $BTC. $59k remains resistance where we have the DM VAH and Daily EMA200.
If we get another sell off after the US stocks open, we are looking for $57.5k (Monday Low) to hold or it is likely we will visit closer to $56k. Let's see how things develop in the next couple of hours.Â
The Monday Range this week is $57,445 - $59,182.
#FOMC #Write2Earn!
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