OPEC on Monday cut its forecast for global #oil demand growth in 2024 citing softer expectations for #China, a reduction that highlights the dilemma faced by the wider #OPEC+ group in raising production from October.
UToday: On the hourly chart, the price of XRP is setting new local lows. If the bar closes below the support of $0.5760, the correction is likely to continue to the $0.56 range soon.
A potential re-test of the $58K, $55K support could happen due to negative news about Bitcoin.
Santiment: XRP's market cap has skyrocketed once again, growing by +23% in the past 24 hours. Wallets holding between 1M-10M coins on the XRP Ledger now hold an all-time high 7.06B coins ($4.42B), and the project's social media discussions are at their highest levels since January.
It seems like the CRYPTOCAP:XRP is planning the escape from the prison through the roof of the #BearishTriangle. Santiment: XRP's market cap has skyrocketed once again, growing by +23% in the past 24 hours. Wallets holding between 1M-10M coins on the XRP Ledger now hold an all-time high 7.06B coins ($4.42B), and the project's social media discussions are at...
Looks like #Bitcoin is in the #SymmetricalTriangle. This pattern is characterized by both the upper and lower trendlines converging towards a point in the future. It signifies a period of indecision or consolidation in the market. Trading implications for a Symmetrical Triangle: A breakout above the upper trendline is bullish, while a breakout below the...
If CAPITALCOM:COPPER holds the $4 support level, its next move would be to the $4.29 resistance.
Sharing my expectations of the next Bitcoin move. It seems like it will re-test the $60K support once again.
The #XRP has just finished testing the bottom of the #DoubleBottom pattern @ 1D chart perspective.
$NATGAS 'closed' the Jan 14 'gap' at 3.04 and back to the top of descending 'handle-channel' of the classical bullish 'cup and handle'... Overbought at the moment...