Live Breaking News & Updates on Cryptocurrency Cfds|Page 2
Stay updated with breaking news from Cryptocurrency cfds. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reaching the upper boundary of the channel is an argument in favor of a consolidation scenario after a significant rally. But it is possible that using the hype, the bulls will try to storm the upper border of the channel. If successful, the area around USD 4,000 could act as an important support for ETH/USD in the future. ....
Exness has Tier-1 regulation & powerful trading platforms that support trading with Cent &Pro accounts. See detailed review of accounts, minimum deposit & more. ....
In mid-February, we wrote that the price of Bitcoin did not show bullish progress after exceeding the psychological level of USD 50k per Bitcoin. Technical analysis of the Bitcoin chart shows that this was due to resistance (shown by the arrow) from the median line of the green ascending channel, within which the market has been developing since the fall of 2023. Yesterday's rise, which followed the breakdown of the psychological level of 60k US dollars per bitcoin, marked the upper limit of this channel just above 64k US dollars per bitcoin and made it possible to update its contours. ....
Since the beginning of February, the price of ETH has increased by approximately 30%. Therefore, some market participants could take profits from long positions at the psychological level. If a pullback occurs and is about 50% of the February rise, the price of Ethereum may fall to the median line of the orange channel to the support area of 2,700. ....
Taking a look at how CFDs affect the cryptocurrency market: chances and risks for small investors chimpreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chimpreports.com Daily Mail and Mail on Sunday newspapers.