Analysis

Bitcoin price has experienced another decline after struggling to break the $59,500 resistance level. The bears seem to be gaining strength, especially if the price falls below the $56,000 support. Currently, Bitcoin is trading below $57,500 and the 100 hourly Simple moving average. There is a key declining channel forming with resistance at $58,400 on
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Aayush Jindal, a prominent figure in the financial markets, has accumulated over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and advisor has earned him the trust of investors worldwide. From a young age, Aayush demonstrated a natural talent for decoding complex systems and recognizing patterns. His
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Ethereum price has been showing some signs of a potential recovery in the market. As per recent data, ETH has been slowly climbing above the $3,000 mark and seems to be holding its ground. The 100-hourly Simple Moving Average also indicates a positive trend in the price movement. Additionally, a short-term declining channel or a
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