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The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk.
Bitcoin’s (BTC) upside remains capped on Wednesday while the downside appears strongly supported above $64,000. The Crypto King’s early week rebound lost momentum near $65,000 as investors assessed the impact of geopolitical tensions in the Middle East.
Bitcoin, Ethereum and $XRP are showing signs of a short-term recovery, but the market remains at an important point. Recent price action shows that the three cryptocurrencies have avoided deeper declines for now, while several resistance levels are still limiting a stronger recovery.
XST crypto is back on traders’ radar after a powerful rebound of roughly 50% in 24 hours. The XST price has recovered toward the $0.05 area after a volatile August that included a new all-time high, a sharp correction, and then an equally aggressive recovery. The move has pushed XST crypto news back into focus…
Dogecoin(CRYPTO: DOGE) could be approaching a significant volatility move as technical compression reaches a three-year extreme.
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The crypto market is broadly consolidating on Monday, with Bitcoin (BTC) holding above $63,000, Ethereum (ETH) approaching $1,900 and Ripple (XRP) sitting on top of the critical $1.00 support level.
