The Crypto Express

12 Jul 2024 12:21

#RNDR/USDT ANALYSIS

RNDR is currently consolidating within a falling wedge pattern, facing resistance at the trendline. Anticipate a bounce from the support trendline. The RSI indicates that the market is oversold region. A breakout signals a bullish trend, while a breakdown below support invalidates the pattern.

The Crypto Express

11 Jul 2024 20:27

#TOTAL MARKET CAP ANALYSIS

The total cryptocurrency market cap is rebounding from the support trendline of a descending channel. The 200-day moving average (200MA) is currently acting as resistance above the price action.

A breakout above the 200MA would signal a short-term bullish rally in the market. Additionally, a solid breakout from the descending channel would provide strong bullish confirmation.

Conversely, if the price breaks below the support trendline, further market correction can be expected.

The Crypto Express

11 Jul 2024 14:30

BREAKING: 🇺🇸 US inflation falls to 3%, lower than expectations.

The Crypto Express

11 Jul 2024 12:20

#IO/USDT ANALYSIS

IO has broken out of its ascending triangle pattern with strong volume, indicating a bullish move. The Ichimoku cloud is providing support, further showcasing bullish strength. A successful retest at this breakout level would confirm the bullish trend.

The Crypto Express

10 Jul 2024 21:00

#ALTS MARKET CAP ANALYSIS

The ALTS market cap is currently consolidating within a descending channel and is rebounding from the support trendline. The Ichimoku cloud is acting as resistance just below the channel's resistance trendline.

A breakout above both the Ichimoku cloud and the channel's resistance trendline would indicate a strong bullish rally for the ALTS market. Conversely, a breakdown below the support trendline of the channel would signal further correction in the ALTS market.

The Crypto Express

10 Jul 2024 15:52

BREAKING: GoldmanSachs TO LAUNCH 3 TOKENIZATION PROJECTS BY END OF YEAR - PER FortuneMagazine

The Crypto Express

10 Jul 2024 08:49

Binance Will Support the Render (RNDR) Token Swap and Rebranding to Render (RENDER)
https://www.binance.com/en/support/announcement/d1f2ae8d99b24439a7a900caa9bb6b3b

The Crypto Express

09 Jul 2024 20:36

#BTC DOMINANCE ANALYSIS

BTC.D is consolidating within a symmetrical triangle pattern, with the Ichimoku cloud acting as resistance above the current price action. We need to wait for a successful breakout or breakdown.

A breakout from the triangle would suggest further downward movement in Alts. Conversely, if BTC.D breaks down the triangle and successfully retests it, we can expect a bullish rally in the Alts market.

The Crypto Express

09 Jul 2024 05:57

#BTC/USDT ANALYSIS

Bitcoin is rebounding from the support trendline after being rejected by the horizontal supply zone level. The 200MA is acting as resistance above the current price action.

We need to wait for a breakout or breakdown. A breakout would confirm a bullish trend, while a breakdown below the trendline would indicate further correction.

The Crypto Express

08 Jul 2024 23:10

BREAKING: 21shares and Vaneck filed 19b-4 with Cboe for Solana ETF

The Crypto Express

08 Jul 2024 16:38

If we look at the ratio between the Bitcoin unrealized profit/loss per coin, we can see that the magnitude of paper gains held is 8.2x larger than paper losses.

Only 18% of trading days have recorded a larger relative value, all of which are within Euphoric bull market regimes.

The Crypto Express

08 Jul 2024 11:45

Digital asset investment products saw inflows totalling $441m, with recent price weakness prompted by Mt Gox and the German government selling pressure likely being seen as a buying opportunity

The Crypto Express

08 Jul 2024 09:05

Binance Will Delist BOND, DOCK, MDX, POLS on 2024-07-22
https://www.binance.com/en/support/announcement/4ffb7170f2f84ce3a06cc0cf1a788c23

The Crypto Express

07 Jul 2024 21:01

#USDT DOMINANCE ANALYSIS

USDT.D has broken out of the ascending triangle with significant volume and is currently trading above the pattern. The Ichimoku cloud is providing support, indicating bullish momentum, while the 200MA is acting as a resistance above the current price action.

If USDT.D can break above the horizontal supply zone and the 200MA resistance, we may see further upward movement. Conversely, the price could drop from the horizontal resistance zone level.

It's crucial to remember that USDT.D's movements are inversely correlated with the broader cryptocurrency market, making this a pivotal moment for traders and investors to monitor.

The Crypto Express

07 Jul 2024 09:03

#BTC/USDT ANALYSIS

Bitcoin is currently rebounding from the support trendline of its descending channel after a strong rejection. The 200-day moving average is acting as resistance above the current price. A breakout above the 200MA, coupled with a solid breakout from the descending channel, would confirm a bullish trend. Conversely, if Bitcoin breaks below the channel's support trendline, a further decline in the market is likely.

The Crypto Express

12 Jul 2024 08:32

#BTC/USDT ANALYSIS

Bitcoin is currently facing rejection at the horizontal resistance zone of the ascending triangle pattern. A bounce is anticipated from the support trendline, where the Ichimoku cloud provides support. To confirm the next direction, we should wait for a definitive breakout or breakdown.

The Crypto Express

11 Jul 2024 16:07

- The SEC has decided not to recommend an enforcement action against Paxos, a New York stablecoin issuer, suggesting that stablecoins, like the dollar-backed BUSD, may not be treated as securities.

The Crypto Express

11 Jul 2024 14:16

BREAKING: MicroStrategy announces 10-to-1 stock split 👀

The Crypto Express

11 Jul 2024 08:25

#BTC/USDT ANALYSIS

Bitcoin is currently trading within a descending triangle pattern, rebounding from the horizontal demand zone at the base of the triangle. The Ichimoku Cloud is acting as a resistance zone above the triangle. We need to wait for a decisive breakout or breakdown to confirm Bitcoin's next move.

The Crypto Express

10 Jul 2024 17:47

Yesterday, US spot Bitcoin ETFs saw $216 million in net inflows

The Crypto Express

10 Jul 2024 14:07

#1000SATS/USDT ANALYSIS

1000SATS is rebounding from the support trendline of the descending channel. The 50-day moving average is acting as resistance above the channel.

A breakout above the channel and the 50-day moving average would confirm a bullish trend. Conversely, a breakdown below the support trendline would invalidate the pattern.

The Crypto Express

10 Jul 2024 08:49

#BTC/USDT ANALYSIS

Bitcoin has broken out of the ascending triangle pattern with significant volume, indicating potential bullish momentum. The Ichimoku cloud is providing support, further highlighting the bullish strength.

A successful retest above the triangle would confirm this bullish trend. However, if the retest fails, we may see further price movement within the confines of the triangle.

The Crypto Express

09 Jul 2024 14:27

#AVAX/USDT ANALYSIS

The price is consolidating within a falling wedge pattern and is currently bouncing off the support trendline. The Ichimoku cloud is acting as resistance above the pattern.

A breakout above the wedge would confirm a bullish trend, while a breakdown below the support trendline would invalidate the pattern.

The Crypto Express

09 Jul 2024 05:37

DigitalX to List Bitcoin ETF on Australia’s Main Stock Market

The Crypto Express

08 Jul 2024 21:53

#S&P 500 ANALYSIS

The S&P 500 has recently broken out of the cup and handle pattern. Additionally, the 21MA is acting as support and the Ichimoku cloud suggests a bullish trend.

An upward movement is anticipated if there is a successful retest above the neckline of the pattern. Conversely, a failed retest would signal a potential correction.

The Crypto Express

08 Jul 2024 13:56

#BNB/USDT ANALYSIS

BNB is forming a double bottom pattern and has broken the resistance trendline. It is currently testing this trendline. The price is moving within the Ichimoku cloud.

A breakout above the Ichimoku cloud and the neckline of the double-bottom pattern, followed by a successful test above the neckline, would confirm a bullish trend.

The Crypto Express

08 Jul 2024 10:02

German government transfers another 1,000 bitcoins in ongoing selling spree

The Crypto Express

08 Jul 2024 08:27

#BTC/USDT ANALYSIS

Bitcoin recently experienced a decline after breaking down from a symmetrical triangle pattern. Currently, it is trading above a crucial horizontal demand zone.

However, the Ichimoku cloud and the 100MA are acting as resistance barriers, keeping the price suppressed. The next significant support level is between the $52,000 to $50,000 range, where a potential bounce may be anticipated if the price action reaches this zone.

Traders are closely watching these levels to determine the next move in Bitcoin's price trajectory.

The Crypto Express

07 Jul 2024 14:18

#ETH/USDT ANALYSIS

ETH is consolidating within a descending triangle and is currently rebounding from the horizontal demand zone at the base of the triangle.

The Ichimoku cloud is providing resistance above the price action within the triangle.

We need to wait for a successful breakout above the resistance or a breakdown below the demand zone for a clear direction.

The Crypto Express

06 Jul 2024 21:05

#US DOLLAR ANALYSIS

The US dollar is currently facing rejection at the resistance trendline of a symmetrical triangle pattern while trading just above the support trendline, with the Ichimoku cloud providing additional support.

A breakdown below the triangle and subsequent downward movement of the US dollar could trigger a bullish rally in the cryptocurrency market. To confirm the US dollar's next direction, it is crucial to wait for a definitive breakout or breakdown.

Additionally, it is important to note that the US dollar often exhibits an inverse relationship with the cryptocurrency market.