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…
Tag: Support
Bitcoin Shatters $76K Resistance Before Sharp Retracement to $74K Support
Bitcoin broke past the $76,000 resistance level, reaching a peak of $76,013 before profit-taking caused a sharp pullback to around $74,000. Resistance and Profit-Taking at the Peak Bitcoin shattered the $76,000 resistance level early Tuesday, extending a rally that has seen it consistently decouple from traditional equities amid escalating Middle East tensions. Bitstamp exchange data […] Original
XRP Price Climbs to $1.60 — Downside Seen Limited by Strong Support
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…
Bitcoin Shows Early Trend Reversal Signs After Major Support Hold
Bitcoin is showing early signs of recovery after firmly holding a major confluence support zone. The strong reaction from this level suggests that buyers have stepped in to absorb selling pressure. With the market beginning to stabilize, attention is now turning to whether this defense could mark the start of a broader bullish reversal. How Bitcoin Defends Major Confluence Zone Bitcoin has successfully defended a major confluence zone and is beginning to show early signs of recovery. According to Cryptorphic, after consolidating around the 200-week EMA and the Weekly Fair…
Bitcoin Turns Up the Heat on Lost Support for Its Latest Weekly Close
Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line. Bitcoin (BTC) inched higher on Sunday as bulls sought to seal a weekly close above $70,000. Key points: Bitcoin eyes its highest daily close in over a week with a fresh weekend push above $70,000. Price offers a reclaim of a key support trend line on weekly time frames. Sell-side pressure at local highs is “steady profit-taking,” analysis says. BTC price attempts long-term support rescue Data from TradingView showed out-of-hours…
BTC USD $70K Support Under Threat as $120 Oil Spike Reignites Fed Fears
BTC USD is trading near $69,300, struggling to reclaim the psych-technical $70,000 threshold as energy markets roil under geopolitical strain. The catalyst is a renewed surge in oil prices, which spiked toward $100 per barrel this week, with analysts warning of a drift to $120, forcing a rapid repricing of Federal Reserve rate expectations that threatens global liquidity conditions. While spot demand has absorbed some selling pressure, the prospect of sustained energy inflation is actively challenging the asset’s bullish structural setup. The primary vector driving crypto markets is the direct…
Dogecoin (DOGE) Pullback Sparks Tension — Will Support Hold?
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 Rejected Again, Market Watches Key Support Closely
Ethereum price started a recovery wave above the $2,000 zone. ETH is now struggling to clear $2,090 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is an expanding triangle forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,090 zone. Ethereum Price Trims Some Gains Ethereum price…
BitGo Partners with StableX to Support $100M Crypto Treasury Plan
BitGo will provide custody and trading services for StableX Technologies’ digital asset treasury as it plans to acquire up to $100 million in crypto tokens tied to the stablecoin sector. According to Tuesday’s announcement, BitGo Bank & Trust, N.A. will serve as the custodian for StableX’s digital asset holdings, while BitGo’s trading platforms will help execute the company’s planned acquisitions through its over-the-counter liquidity desk. StableX (SBLX) is a publicly traded company focused on stablecoin infrastructure and related technologies. Shares of the Nasdaq-listed company gained as much as 9% in…
Tron Joins the AAIF Governing Board to Help Support Agentic AI Adoption
Justin Sun’s Tron network has joined the Agentic AI Foundation to prepare and support the widespread adoption of AI agents. In an announcement on Monday, Tron’s decentralized autonomous organization (DAO) revealed that the Tron network has signed on as a member of the Agentic AI Foundation (AAIF) and will serve on its governing board. Tron DAO said that there will be significant demand coming from agentic AI in the future, and as such, it requires collaboration and interoperability to establish systems that can handle “continuous, high-volume, low-value transactions efficiently at…