BTC-USDT TAThe market has been moving sideways for some time due to uncertain macroeconomic conditions.
Everything is possible price technically.
It is now waiting for a clear break.
If we break 19,500 to the downside. then the price will probably move towards 19k. if we don't keep support there, we will probably go towards 18k and test previous low.
Techn
WILL BTC BE ABLE TO HOLD $29K AGAIN?Hello, community members welcome to this BTC/USDT 4hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see in the above-mentioned chart that BTC lost almost 4.5% in this single 3hr candle and recovered almost 4% from the bottom.
Here BTC needs to candle close above the price level of $29k in this 3hr time frame which will be still a green signal for BTC.
A candle that closes below the $29k price can change the whole market sentiment.
Candle close below $29k will lead BTC towards the $21k price level.
Now, we should wait for the candle close for now, 20min left for the candle to close.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Annual Forecast for Ripple (2022)XRPhas maintained a downward trend since it peaked close to the $2 mark on April 12, 2021. Ever since the eight-largest cryptocurrency has only but struggled to pull off a steady bullish recovery above the $1.3 level.
Interestingly, XRP trades within a converging neutral wedge as the SEC lawsuit drags on. That said, a conclusion of the case, said to occur in April or May this year, should have a significant impact on the price of this asset. Many have proposed that a close of the case in favor of Ripple Labs, which continues to look very likely as the days go by, could catapult the price towards the $3 mark.
However, until the end of this drawn-out lawsuit, I do not expect to see any meaningful bullish moves for XRP in the medium term. With that, all eyes should remain on the SEC lawsuit for a possible breakout for XRP in the coming months.
Meanwhile, my resistance levels are $0.8000, $0.8250, and $0.8500, and my support levels are $0.7500, $0.7300, and $0.7000.
Total Market Capitalization: $2.08 trillion
Ripple Market Capitalization: $37.5 billion
Ripple Dominance: 1.80 %
Market Rank: #8
Micron's Strong RallyMicron updated guidance for Q2 and now expects revenue in the range of $7.2B to $7.35B from prior guidance of $6.8B to $7.2B and of consensus estimates of $7.02B. In addition, the company expects EPS in the range of $2.70 to $2.75 from prior guidance of $2.51 to $2.65 and consensus estimates of $2.57. The business couldn't be stronger and while recent volatility in the stock market had taken MU under $40 at Monday's close it looks to have made a double bottom. Looking for MU to continue to rally, however the market is in control here and a continued downward trend will derail the recent move.