ClearValue Team Insights
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Solana Trading Within a Tight Range
SOL is trading within a tight range between $134.63 and the red resistance line around $149.63. I think SOL is neutral for now, but will need to find a direction soon. The price can go up or down here, I think the direction of BTC and ETH will affect Solana’s price action. Follow me on […]Read More
Ethereum Trends Down After Numerous Rejections
Ethereum experienced numerous rejections near the lower end of the resistance zone around $2,683. After so many rejections Ethereum is now starting to trend down. This is very disappointing considering that Ethereum never really had a post-ETF rally. In the short term Ethereum needs to hold above $2,520 to avoid dropping lower. If Ethereum continues […]Read More
Bitcoin Drops Below Support Again
Bitcoin has failed to break above $63k, and is experiencing some neutral price action around the white zone between $58.4k and $60.3k. I’m seeing bearish signs, and BTC has dropped below the $58.4k support zone again. There are concerns about Mt. Gox repayments that could add sell pressure to the crypto market so there is […]Read More