The Crypto Express

15 Jul 2024 09:07

#BTC/USDT ANALYSIS

Bitcoin has broken out of its descending broadening wedge pattern with significant volume. Currently, it is trading above the Ichimoku cloud, indicating strong bullish momentum.

However, the 200-day moving average is acting as a resistance barrier. A breakout above the 200MA would signal further bullish momentum for BTC.

The Crypto Express

14 Jul 2024 21:16

#S&P 500 ANALYSIS

The S&P 500 has recently broken out of a cup and handle pattern and is currently trending upward. Additionally, the 21-day moving average is acting as support, indicating a bullish trend.

We can anticipate a retest above the breakout level, although a downward movement is expected due to a CME gap above this breakout level. Even if the price does not move downward, we can see further upward movement in the S&P 500.

The Crypto Express

14 Jul 2024 14:23

Since the launch of the Runes protocol on April 20, 2024, we've observed a significant surge in transactions, largely displacing BRC-20 tokens, Ordinals, and Inscriptions. As of current, Runes-related TXs account for an impressive 66% of total daily TXs.

The Crypto Express

13 Jul 2024 20:27

#USDT DOMINANCE ANALYSIS

USDT.D has broken out of the ascending triangle with significant volume and is currently going for a retest. A successful retest will confirm a bullish trend for USDT.D.

The 100-day moving average is acting as support, indicating momentum. However, if the retest fails, further consolidation within the triangle can be expected.

It's essential to note that an upward movement in USDT.D is typically considered a bearish signal for the cryptocurrency market due to their inverse relationship.

The Crypto Express

13 Jul 2024 13:05

#OMNI/USDT ANALYSIS

OMNI is trading within a descending channel and is currently rebounding from the support trendline. The Ichimoku cloud acts as resistance below the channel's resistance trendline.

A breakout above the Ichimoku cloud and the channel's resistance trendline would signal a bullish trend. Conversely, if OMNI breaks below the channel's support, we could see a downward movement.

The Crypto Express

12 Jul 2024 20:34

#US DOLLAR ANALYSIS

The US dollar has recently broken down from a symmetrical triangle pattern, indicating a bearish trend. This follows a period of consolidation within the triangle. Technical indicators like the Ichimoku cloud and the 100-day moving average are acting as resistance levels. These resistance points underscore the bearish momentum currently affecting the US dollar.

It's important to consider the inverse relationship between the US dollar and the cryptocurrency market. As the US dollar weakens, cryptocurrencies often experience upward movement, indicating potential gains for digital assets in the near future.

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

15 Jul 2024 07:47

Binance Will Support the Sei (SEI) Network Upgrade
https://www.binance.com/en/support/announcement/2a8972ca9b274c808120d234433a4228

The Crypto Express

14 Jul 2024 14:58

#PEOPLE/USDT ANALYSIS

PEOPLE is consolidating within a descending broadening wedge pattern. A breakout from the wedge would serve as bullish confirmation.

The Ichimoku Cloud, showing bearish momentum, is acting as resistance above the wedge.

The price may also drop from the resistance trendline of the wedge. Keep an eye on further price developments.

The Crypto Express

14 Jul 2024 08:31

#BTC/USDT ANALYSIS

Bitcoin is rebounding perfectly from the support trendline of the ascending triangle. It has broken the horizontal resistance zone of the triangle with strong volume.

The Ichimoku Cloud is also indicating bullish momentum. A retest above the triangle pattern is expected. A successful retest would provide strong bullish confirmation for the market.

The Crypto Express

13 Jul 2024 13:07

The German Government is now out of Bitcoin

The Crypto Express

13 Jul 2024 08:53

#BTC/USDT ANALYSIS

Bitcoin is currently trading within a descending triangle pattern and is rising from a horizontal demand zone. The 21 day moving average is acting as resistance within the descending trendline.

A breakout above the 21MA and the descending trendline would confirm a bullish trend. Conversely, a breakdown below the horizontal demand zone would indicate further market correction.

The Crypto Express

12 Jul 2024 13:01

NEW: 🇺🇸 US #Bitcoin  ETFs saw $79 million in inflows yesterday, the 5th straight day.

While Germany sells, US ETF buys 🙌

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