Bitcoin continues to maintain its upward momentum, trading at $95,200 after experiencing a 9% drop from its recent peak of $99,800. The leading cryptocurrency’s resilience in the face of this correction signals robust market confidence and sustained buyer interest at current price levels. Key Support Levels Shape Market Dynamics On-chain data from CryptoQuant analyst Axel […]
BTC has encountered potential headwinds as Glassnode points to a risk of correction below $88K before it can push past $100K. The analysis suggests that limited trading activity in this zone may hinder further gains without stronger support. Long-Term Holders Intensify BTC Selling Bitcoin’s recent rally has triggered significant profit-taking by long-term holders (LTHs). According […]
Market Analysis – November 28 USOil has been consolidating within a range defined by the 72.430 resistance zone and the 67.970 support zone since early September. Price movements have consistently oscillated between these levels, forming a well-established range. Currently, the price failed to reach the resistance zone and has instead reversed downward, edging closer to […]
Market Analysis – November 28 Gold experienced a bearish shift in November, breaking below a long-standing upward trendline. After the breakout, the price retraced to test this broken trendline, which now serves as resistance alongside the 2708 resistance zone. Gold Key Levels Demand Levels: 2531.0, 2431.0, 2305.0Supply Levels: 2643.0, 2708.0, 2770.0 Gold Long-Term Trend: Bearish […]
The Tamadoge market continues to look healthier as trading activity continues. However, in recent times, the market has retraced to lower price levels after surging through the $0.002000 mark. Price action has revealed that upside forces are ready to halt further downward retracement as the market looks to be shaping up for a strong upside […]
Market Analysis – November 28 The FTSE 100 recently broke below both minor and major support levels at 8200.0 and 8145.0 on the daily chart. However, the bearish momentum lost steam before reaching the next support at 7918.0. Instead, the price has reversed course, climbing back to the previous resistance zone at 8318.0. FTSE 100 […]
.000196" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/11/Daily-88-395x177.png"/>
Bulls are capable of applying more pressure SPONGE Price Analysis – 28 November If the resistance level of $0.000196 is broken higher, Sponge levels of $0.000330 and $0.000402 might be attempted. Bear support levels are located at $0.000136. If the resistance level of $0.000196 holds, there may be additional negative action if the bears push […]
Market Analysis – November 28 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade encountered significant resistance after reaching a well-defined bearish order block in November. This interaction marked a decisive turning point, shifting the market’s momentum and initiating a downward movement. The price is […]
The Tornado Cash market has generally seen a considerable surge in market activity, especially recently after an extended period of dwindled market activity. However, the ongoing session has produced moderate downward retracements, but it stands that the market may continue upward. TORN’s Statistics: Tornado Cash Price: $16.58 Tornado Cash Market Capitalization: $90.43M TORN Circulating Supply: […]
