See also
On the 4-hour chart of the Litecoin cryptocurrency, there is an appearance of a Descending Broadening Wedge pattern which indicates that there will be a strengthening in the near future, although currently there is a potential for a downward correction in Litecoin to the level of 85.33, but as long as this downward correction does not break and close below 83.65, Litecoin has the potential to rise again to the level of 92.69 and if the volatility and momentum of the strengthening support it, the level of 95.17 will be the next target to be aimed for.
(Disclaimer)
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
The cryptocurrency market is showing strong confidence. Given its correlation with the U.S. stock market—where historical highs are being updated—there is room to expect further growth in digital assets. However
Bitcoin and Ethereum have paused their upward movement following yesterday's weak fundamental data, indicating a slowdown in the U.S. economy's growth. However, this wasn't the primary driver behind the pause
Bitcoin and Ethereum continued their rally yesterday, triggered by news of a ceasefire between Iran and Israel. Federal Reserve Chair Jerome Powell's dovish tone during his testimony in the House
1. Market Sentiment Summary. When yesterday President Trump softened his aggression against Iran, it eased the current world geopolitical tensions, causing several market players to start returning to risky assets
Bitcoin and Ethereum surged sharply after news emerged that Iran and Israel might halt their exchanges of strikes. U.S. President Donald Trump announced yesterday that Iran and Israel had agreed
InstaTrade in figures
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.