Key highlights: ETH price continues to maintain a position above the 100-day simple moving average at $2,345 with the daily RSI registering 63. The 4-hour RSI indicator touched a level of 70.58, indicating overbought conditions. Funding rates on various exchanges reflect greed readings, while ETH/BTC dominance is at a new high not seen since January. […]
Tag: US
Key highlights: The BTC price got rejected near $71,500 and is now testing the $70,000 to $70,500 support band. Geopolitical risks from the U.S.-Iran tensions are driving the current risk-off move in Bitcoin. The next support levels below sit at $67,000 and $65,000, with resistance still at $73,000. Bitcoin has just been rejected by resistance […]
By Martin Young Crypto markets are falling this Monday morning in Asia as investors react to the breakdown in negotiations between Iran and the US. “All eyes are on the oil and stock market’s reaction to this weekend’s events,” said the Kobeissi Letter. President Trump is looking at resuming “limited military strikes” in Iran in […]