Bitcoin cryptocurrency can be expected to fall to the next support level 66000.00 (which reversed the price multiple times in March). Bitcoin broke round support level 70000.00 Likely to fall to support level 66000.00 Bitcoin cryptocurrency recently broke the support zone between the round support level 70000.00 (which stopped the previous minor correction ii at
Overview: Ethereum remains under pressure, with ETHUSD continuing to trade within the descending trend channel that has guided the market lower since the early-May pullback. The cryptocurrency has struggled to generate meaningful upside momentum in recent weeks, as repeated recovery attempts have been met with selling interest. The broader technical structure continues to favor the
Bitcoin Cash cryptocurrency can be expected to fall to the next support level 200.00 (which started the sharp uptrend at the start of 2024). Bitcoin Cash falls sharply Likely to fall to support level 200.00 Bitcoin Cash cryptocurrency recently broke sharply through the major support zone between the key support level 270.00 (which has been
Ethereum cryptocurrency can be expected to rise to the next resistance level 2000.00 (former strong support from March and May). Ethereum reversed from support zone Likely to rise to resistance level 2000.00 Ethereum cryptocurrency today reversed up from the support zone between the strong long-term support level 1740.00 (which stopped the sharp downward impulse wave
Strong US jobs data has sparked dollar rallies and rate hike expectations, while geopolitical tensions and market volatility persist. Robust US Labor Market Drives Hawkish Rate Expectations The release of a “blowout” May Nonfarm Payrolls (NFP) report, featuring 172,000 jobs added against an 85,000 expectation, has fundamentally altered the economic narrative. This labor market resilience
Bitcoin cryptocurrency can be expected to rise to the next resistance level 63750.00 (former strong support from March and February). Bitcoin reversed from round support level 60000.00 Likely to rise to resistance level 63750.00 Bitcoin cryptocurrency today reversed up from the support zone between the major round support level 60000.00 (which stopped the sharp downward
A highly anticipated U.S. Nonfarm Payrolls report is approaching, giving gold traders another major data point to assess after months of volatility in XAUUSD. Elev8, a global Contract for Difference broker, has released a market update examining how gold may react to labour market data, geopolitical pressure, and shifting monetary policy expectations. The report comes
Global commodity markets are entering one of their most unstable periods in decades, according to a new analysis from Elev8 broker. The report examines how the escalation of the Iran–Israel conflict into direct military confrontation involving the United States may be reshaping two of the world’s most important markets: oil and gold. Elev8 argues that
The focus remains on the Middle East, even as the situation becomes increasingly unclear. Reports of progress from the U.S. government and denials from Iran are now coming in at ever-shorter intervals. However, as expected, the price of oil appears to be stabilizing at a lower, more comfortable level, and with it, the bond markets.
Tron cryptocurrency price can be expected to rise further to the next key resistance level 0.3900 (target price for the completion of the active impulse wave 3) Tron broke resistance zone Likely to rise to resistance level 0.3900 Tron cryptocurrency recently broke the resistance zone lying between the key resistance level 0.3700 and the resistance