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Bitcoin (BTC/USD), Ethereum (ETH/USD) Take on Tone of Recovery

Bitcoin (BTC/USD), Ethereum (ETH/USD) Take on Tone of Recovery
dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.

Has Bitcoin Bottomed? PTJ Makes Crypto Bull Case (Again)

Has Bitcoin Bottomed? PTJ Makes Crypto Bull Case (Again)
dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.

Bitcoin (BTC), Ethereum (ETH) Back Down After Wild Weekend

Bitcoin (BTC), Ethereum (ETH) Back Down After Wild Weekend 2021-05-17 20:00:00 James Stanley, Senior Strategist Bitcoin (BTC), Ethereum (ETH), Dogecoin (Doge), Cardano (ADA) Talking Points: Both Bitcoin and Ethereum saw prices fall heavily this weekend after Elon Musk put the energy expenditure behind crypto mining in the spotlight last week. Dogecoin, which is similarly a proof-of-work coin, like Bitcoin and Ethereum remained supported above .4500. Musk continues to speak optimistically of Doge, the original creators of the coin, both of whom have offered remarks recently, not as much. Advertisement It was another wild weekend in the crypto world, with Elon Musk as the center of attention. Musk offered a one word tweet of ‘indeed,’ in response to an accusation that he and Tesla may dump their BTC holdings; at least partially driven by the way the crypto world has reacted to last week’s news that the carmaker will stop accepting BTC as payment.

WTI Crude Oil Technical Outlook: Oil Gears Up at Critical Resistance

WTI Crude Oil Technical Outlook: Oil Gears Up at Critical Resistance 2021-05-01 15:00:00 James Stanley, Senior Strategist WTI Crude Oil Technical Forecast: Bullish Crude oil prices came into the week with a bull pennant and buyers took care of the matter in short order, helped along by the FOMC rate decision on Wednesday. Oil prices are now testing a critical zone of resistance that’s shown rejections and false breakouts for each of the past three years. Why might this iteration be different? Read more below. Advertisement It was another strong week for Oil prices, with WTI pushing up for a re-test of a key zone of resistance. Demand continues to do most of the driving but, as we’ve been looking at over the past month, the technical backdrop has become a hindrance to bulls as a zone of Fibonacci levels have come into play to help hold the highs.

Ethereum (ETH/USD) Fresh Highs; BTC/USD, Dogecoin Back Down

Ethereum (ETH/USD) Fresh Highs; BTC/USD, Dogecoin Back Down 2021-04-22 17:00:00 James Stanley, Senior Strategist Ethereum (ETH/USD), Bitcoin (BTC/USD), Dogecoin Talking Points: More shift in the crypto space as Ethereum has caught the attention of bulls. Both Bitcoin and Dogecoin remain on their back foot as ETH/USD has jumped to another fresh high. The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section. Advertisement More shuffle in the crypto space but this time, Ethereum has outpaced both Bitcoin and Dogecoin over the past 24 hours.

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