FxNews—Ethereum has been in a bear market from the $3,975 mark against the U.S. dollar since April 27. As of writing, the crypto pair trades at about $3,450, testing the...
Crypto Market Analysis
FxNews—Bitcoin has traded in a bear market since June 7, approaching the 38.2% Fibonacci retracement level at $62,724, a resistance backed by the descending trendline. The BTC/USD 4-hour chart below demonstrates...
FxNews—Cardano sideway trading resumes below the 23.6% Fibonacci at $0.492. As of writing, the ADA/USD cryptocurrency pair trades at about $0.458. The Cardano daily chart below demonstrates the Fibonacci levels...
FxNews—Ripple broke above the 23.6% Fibonacci level at $0.521 and the descending trendline on June 4. The uptick momentum eased after Ripplle tested the $0.532 immediate resistance. As a result,...
FxNews—In the 4-hour chart, Litecoin crossed above the descending trendline against the U.S. Dollar. As of writing, the LTC/USD pair trades at about $84.8, testing the 38.2% Fibonacci resistance level....