Dear traders,
Market shows after FED Powells speech that should recover faster and more bullish news are coming. We could see still push back but sentiment is bullish.
Jake
TOP Trader
BTC:
BTC hold support and push to 23.300$ range what is resistance for now. There is still big possibility to get to 25k range to grab liquidity. If resistance holds strong we could see another retest of 22.600$.
ETH:
ETH break resistance and hold it as support. Now looking for next long target 1770$. Trade with small leverage.
XRP:
XRP break resistance and turn back to trading range. Still no power for breaking more up.
LINK:
LINK break 7$ resistance and turn back to trading channel with aim for high points. Still no strength to push more up.
SOL:
SOL try to break 24.2$ but push back to trading range . Trade with small leverage SOL make big % trades.
DXY:
DXY hit 104 resistance and push back now accumulating new push up to 104.8. Still in bullish pump.
Crypto/stock daily news:
VISA IS TESTING STABLECOIN CONVERSIONS
You know crypto is finna get a big W when a major banking name makes headlines.
This time that company is Visa, whose head of crypto said the firm is testing stablecoin settlements.
It’s specifically been toying with how to accept payments in USDC (a major stablecoin run by Circle) on the Ethereum blockchain.
That means it could be as easy for users to convert dollars to stablecoins cross-border as it is to exchange USD for Euros.
It’d be a BFD; Visa has ~343M US credit card holders and ~798M holders outside of the US, as of late 2020. A boatload of existing users would have easy access to digital assets.
That’s textbook crypto adoption right there.
Final words:
Market show will to continue grow, even DXY pump didn’t stop crypto and market to make green end of day. ALT are outperforming BTC end now they are good options to trade.
Stay online for more update!!!
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Sentiment Is now BULLISH and real test for bulls are this week.
Not Financial Advice!
Good luck with trades!
Author
Jake
TOP Trader
