Ethereum (ETH) found support near the $1,775 zone after a significant decline. It formed a base and started a fresh increase, breaking above the $1,800 resistance level. The current price is around $1,850 and is trading above the 100-hourly Simple Moving Average (SMA). In the hourly chart, ETH broke a…

After Binance, SEC Sues Coinbase for Alleged Violations Wall Street’s leading regulator, the US Securities and Exchange Commission (SEC), has filed a lawsuit against Coinbase, the largest crypto exchange in America, accusing it of acting as an unregistered broker. …

Technical Market : The ETH/USDT pair has been seen moving lower after a short period of consolidation just under the technical resistance located at the level o $1,916. The market is still under the bearish pressure and the next technical support is seen at the level of $1,839. The 61% Fibonacci…

Summary: The US Securities and Exchange Commission (SEC) has recently filed a lawsuit against Binance exchange and its CEO Changpeng Zhao, accusing them of operating a “fraudulent scheme,” putting the world’s largest cryptocurrency exchange under greater pressure and causing Bitcoin price to drop to its lowest point in nearly three…

Gold Technical Analysis: Gold is currently facing resistance after reaching the expected high of 1985 and has successfully broken below the 1950 level, indicating a return of bearish sentiment. The topping signal is clear, with the monthly chart ending with a bearish candlestick below the 1970 level. The weekly chart…

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Based on the Bitcoin price analysis on June 1, 2023, here are the key points: Bitcoin (BTC/USD) was observed trading below the 50% retracement level at 27,169.14, indicating a continued bearish momentum. Significant selling pressure was triggered below the 38.2% retracement level at 27,477.07, leading to a potential bottoming out…

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