Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Currently, the price is on the demand zone and it’s likely going to be pumped up. However, conspicuously, Kava’s price is highly reliant on Bitcoin’s price so, trade in a cautious manner. If price dropped down you can average your position on the next demand zone. BINANCE:KAVAUSDT
Please be so cautious about the current FOMO in the market. Watch for the fake breakout of the descending trendline. If fake breakout is confirmed the market will most likely be bearish and therefore, it would be the best time for taking profits.
The high probability of xrp dump is present based on technical analysis (descending triangle) however fundamental news can flip the game. Open short position after the breakout of major support.
The price has broken the important resistance zone and apparently the pullback has been completed as well. There is a good opportunity to buy egld here. Please make sure you have at least a portion of your wallet invested on this currency.
The analysis would be validated if the resistance of channel is broken. The target is determined on the chart (840)