As of early October 2024, Bitcoin is trading around $61,925, reflecting a cautious but slightly bullish sentiment in the market. After a recent recovery from lower levels, Bitcoin is now testing a key resistance zone near $62,000, which is slightly above its 50-day Exponential Moving Average (EMA). Despite this recovery, some technical indicators suggest the market remains uncertain. The Relative Strength Index (RSI) is still hovering around 35, which typically signals that bearish momentum is n
Keeping Core CPI in focus, US September CPI Data May Pose Upside Risks The upcoming U.S. September CPI data may signal persistent inflation, increasing expectations of Federal Reserve rate hikes. Rising business purchase prices and accelerating price pressures suggest upside risks. Despite weak summer employment data, the September report shows labor market resilience, which could ease concerns. Federal Reserve Chairman Jerome Powell does not want further labor market weakening.
🔥Fan token update🔥 Hello Crypto Family. I hope you have a good day
Fan token are on a roll and most of them are rising . Keep an eye on them and enter at appropriate level.
$OG is currently trading at 4.1 and potential to go to 5.8 Level is the current momentum continues.
Target 1: $4.60 - A strong resistance level where bulls could push for a breakout. If the price maintains above this point, it could signal a continuation of the uptrend. Target 2: $5.10 - A key psychological level. Reaching this target may indicate increased buyer interest and strength in the rally. Target 3: $5.80 - A potential peak zone for this wave, indicating strong momentum. This level could act as a decisive point for further movement.
Andrew Kang's speech on 5th October at Token2049 has triggered a capital shift towards meme coins, with Popcat leading the surge and BONK, WIF, PEPE, and FLOKI poised to follow.
🚨 Bitcoin $BTC Scenarios 🚨 Hello Crypto Family . I hope you all will have a good weekend .
Currently Bitcoin is trading around 62150 and is trying to break the resistance around 62500. If Bitcoin succeeds in breaking it we can expect it to rise to 66000.
In case of rejection keep an eye on support which is around 60000. if this support breaks we can expect Bitcoin to hit another support of 56000.
Do not enter trade blindly and enter the trade only when breakout is confirmed. Don't let emotions control you.
Remember Bitcoin has huge impact on the crypto market so stay informed and enter after conformation only.
Binance has added Bluzelle (BLZ), Clover Finance (CLV), SelfKey (KEY), Prosper (PROS) and Vite (VITE) to its watch list. The list in question covers altcoins that pose a risk. Previously, Binance had announced that it would delist the coins on the watch list if it did not see them struggling.
Currently $PEPE is trading around very important support line. This support can act at make it or break scenario . If Support is held at current price we may see upside in the coming days. So, look for opportunities .
September job growth rate for the US increases with regard to expectations. This will impact the Fed future Rates Cuts. Now the Fed can adjust interest rate by 25 basis points instead of 50.
Economics dictates that by reducing the cut rates, less money will be available to people and will have profound negative effect on cryptomarket for time being.
FTX Token ($FTT ) is surging ahead of the October 7 hearing, with speculation of creditor repayment driving demand.Positive metrics like age-consumed and DAA divergence suggest bullish momentum, signaling the potential for further gains.If repayment is approved, FTT could rise 160% to $5.98; a denial could drop its value to $1 due to profit-taking. #EnjoyRollerCoasterRideTillOct7
Best opportunity to buy $TIA at 4.5. This is a perfect opportunity to earn. Large amounts will be unlocked at the end of the month, so be sure to sell before unlocking, and then slowly take it back, which is a long-term strategy. # LetsEarnSomeProfits # BuySome$TIA