The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
The price of Ethereum (ETH) is $1,861.64 as of writing, with a 24-hour trading volume of $58.5 billion. ETH has declined -14.22% in the last 24 hours and -33.31% over the past week. This drop follows ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
As market turbulence sweeps across sectors, Apple Inc. (NYSE:AAPL) is not immune. The tech giant’s stock has encountered double-digit declines in August, resulting in a staggering loss of around $400 ...
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What Is Retracement and How Is It Used in Investing?
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Bitcoin (CRYPTO: BTC) took off flying beginning at 1:20 p.m. EST Wednesday, surging up 6.26% between that time and 3:30 p.m. EST, when the crypto banged into resistance near the $24,200 mark. In total ...
Aster (ASTER) has seen renewed momentum in recent days. The cryptocurrency is currently trading at around $0.653, marking a 5 ...
Silver peaked at a trend high of 25.00 last week. That high completed an 88.6% Fibonacci retracement before it began a correction. During the advance silver was able to close above the internal ...
Natural gas further retraces its recent advance, falling to the 61.8% Fibonacci retracement with the day’s low of 1.69. Downward pressure remains as continues to trade near the lows of the day at the ...
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