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Altcoin Market Cap Hit Resistance
The Altcoin market cap has been trading within this downward channel since March 2024. The Altcoin market has reached the upper range of this channel and there is likely to be a pullback here. As I’ve mentioned in previous posts Altcoins tend to close neutral in Sept, I’m expecting to see a pullback and neutral […]Read More
Ethereum Rebounds from $2,300 Support Level
Ethereum has started to show some bullish momentum, and has rebounded from an important $2,300 support level. There is the possibility that this is a dead cat bounce and that ETH dips to around $1,980 for a better buying opportunity. Next week’s bearish seasonality trend is likely to send crypto back down. Follow me on […]Read More
Bitcoin Starting to Selloff from Post-FOMC Rally
Bitcoin experienced a brief rally after the 50 bps announcement, and has quickly started to cool back down again. I have $60,700 as a key target on the way down. Next week is seasonally bearish for Bitcoin so we are likely to experience more downside over the next few days. $60,700 will be an important […]Read More