Day: October 28, 2024

XRP Price Holds Steady in Consolidation: Is a Shift Coming?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Lacks Traction: Can It Overcome The Slowdown?

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Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level. Ethereum started a recovery wave from the $2,380 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,520 and $2,550 resistance levels. Ethereum Price Aims Higher Ethereum price…

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

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Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,750 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price found support…

Standard Chartered: Bitcoin Set to Hit $73K on US Election Day

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Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on […] Original

Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market Shifts

Morgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by prolonged ballot counting, economic uncertainty, and unpredictable voter sentiment. Election Delays and Surprises: Morgan Stanley Predicts Shifts in Market Paths Morgan Stanley analysts Monica Guerra and Daniel Kohen examined the potential market impacts of the 2024 U.S. presidential […] Source CryptoX Portal