The resistance for the coin is at $0.11170, and breaking this level could push it towards $0.12780 initially. The support is at $0.10360, holding above this level avoids a correction towards $0.09675.
Stability above the support level of $2,392 could lead to an upward movement towards the first resistance at $2,573. Breaking this level would increase bullish sentiment, targeting $2,865 initially.
Losing the current support opens the door for a correction towards $2,302 as the initial target.
#Tether , the operator of the stablecoin #USDT is committed to launching a stablecoin pegged to the #UAE dirham in collaboration with Phoenix Group PLC and Green Acorn Investments, aiming to enhance international trade and remittances.
The new stablecoin will be fully backed by UAE-based reserves and will provide users with a cost-effective method for accessing the benefits of the UAE dirham.
đš Breaking : An additional $1 billion in #USDT has been minted on the #TRON network by #Tether , bringing the total to $33 billion minted over the past year.
The blue lines represent weekly support levels, starting from $12.50 and extending down to $6.40. These are key accumulation points for $INJ in case the market enters a negative trend.
The current resistance is at $21.00; breaking through it would restore a positive outlook, with an initial target of $26.80, followed by additional targets if the market continues its positive momentum.
A potential breakout of a significant downward trend opens the door for a rise toward the targets outlined on the chart, starting at $63,250.
The current support level is $59,400, staying above it is crucial to maintain a positive outlook. If this level is lost, the next target would be $55,820.
Bitcoin ($BTC ) on the daily timeframe has significant support at $52,130. It's crucial to reclaim and close above this level to witness an upward movement and to prevent it from turning into resistance, which could push the price towards the next daily support at $43,430.
There was strong activity in the markets, but with every decline, there is an opportunity for an ascent. The key is to position correctly by accumulating at each low and avoiding leverage.