#Cryptomarket capital update:
As seen on the chart, the price action printed the past two weeks a local level of interest which is $906B
Today's daily market closing is important, because, a green closing above it will open up the road to the upper resistance level of $945B
$ETH price update:
As seen on the chart, #ETH's price action printed the past two weeks a local level of interest which is $1,334
Today's daily market closing is important, because, a closing above it will open up the road to the upper resistance level of $1,414 #Ethereum
#Cryptomarket update:
The price action is still hovering up and down the range of $883B and $945B
The good news is that it flipped from trading at the edge of the support level to the edge of the resistance and that's bullish.
The chance to break through $945B is higher now.
#DXY update:
This week luckily was negative for the $DXY giving a chance to the #cryptomarket to regain its strength.
The ascending channel on the #dollar index is still not lost, the price action is still holding on the support.
$USDT dominance update:
Rejection occurred at 7.84% of market shares, and 7.52% couldn't hold #USDT's dominance action.
These are good news for #ETH and the rest of #cryptos. Giving them more room to advance in market shares, hence their prices.
$ETH dominance update:
After dropping to 17.5% of market shares, #ETH's dominance action appreciated in value again.
Currently breaking through the resistance of 17.96% a daily candle closing above it will be a major push for #Ethereum bulls.
#ETH price update:
Still nothing much important for #Ethereum's price action. It's trading inside a symmetrical triangle, and getting closer to the break point.
The support level of $1,279 is still holding, but so much pressure is added on it.
#SPX update:
Since last time hitting $4,303 since almost 45 days, the US #stockmarket hasn't experienced any upward movement.
This downtrend is hitting lower low after lower low, breaking supports one after the another.
Losing support zone of $3,540-3,588 is so bearish.
#Cryptomarket capital update:
The price action is moving day in and day out in an ascending trendline since 21 of September.
Now we're at the break point, it's either a major bounce back or losing the support of $883B
#DXY update:
Good news for the #crypto traders, the $DXY finally hit an area where he got rejected.
After trying to break through 115 resistance level, the rejection took place and it plunged to 111.
A negative weak DXY is perfect for #cryptocurrency bulls.
#USDT dominance update:
It seems that the bears are highly defending the 7.84% dominance level. A double rejection led to a plunge back below 7.52%
Another daily candle closing below 7.52% will move #USDTether's market shares to 7.2% before settling back around 7%
#Tether
#Ethereum price update:
Sandwiched between two levels, #ETH's price action is still yet to break through $1,279-1,414
As seen, no clear or major move before next week.
#Cryptomarket capital update:
So $945B resistance line rejected yesterday's price action once hit it.
$883B is still holding as a support and the bullish momentum is building up on it.
A daily closing above $914B will be an open road to break through $945B
$SPX update:
After bears flipped $3,723 to a new resistance instead of a support, the price action went down to $3,640.
Bulls are fighting in these harsh conditions to hold the $3,640 as a support for #SPX's price action.
#SP500#stockmarketcrash#stockmarketnews
#DXY update:
The British pound yesterday faced a plunge for its value, due to the new taxes.
The European country is facing multiple problems causing their monetary sectors to tremble.
That being said the DXY is rising big, leading to a recession in the #stock#cryptomarket
#USDT dominance update:
Stepping inside the resistance zone of 7.52-7.84% wasn't that easy. The rejection from the upper resistance was solid.
That being said, now if the dominance action won't hold at 7.21% next target will be 7% and that's bullish for the #cryptos.
#ETH price update:
Still nothing much important regarding #Ethereum's price action, it's still hovering around the support of $1,279
Daily candle closing has always to be above it, otherwise, next target is near $1,060
#Cryptomarket total capital update:
The price action is still hovering around the support of $883B
Any daily closing below it will give the bears further power to push it more down.
The bounce needs to happen otherwise, next target will be $822B
#CryptoNews
#DXY update:
The #DollarIndex is rising with a bullish momentum like never before!
Breaking through resistances like easy task.
A correction is much likely to happen, however, if this rise won't stop it will be so harmful for the #stockmarketcrash and #cryptomarket.
ETH price update:
Ethereum price action is still sandwiched inside the support zone ranging from $1,279 to $1,414
Preserving this zone can move ETH's price action back above $1,414