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  1. Terraform Labs co-founder Do Kwon just lost a $14M court battle over a failed Singapore penthouse deal, as global legal cases mount following the Terra-Luna collapse. The High Court dismissed his claim, ruling that the developer was within its rights to keep the deposit after the purchase fell through. The upshot is: Do Kwon is finally on trial. 135 years down to potentially 12 years. The judge wants to give him 25. Despite the judge ruling against him, he’ll get a lesser sentence than SBF. The property in question, a 7,600-square-foot Orchard Road duplex valued at S$38.8M, was intended to be Kwon’s showcase asset before the 2022 TerraUSD and Luna collapse, which wiped more than $40Bn in investor wealth. Why Did the Court Rule Against Terra Luna’s Do Kwon? ((Source: CoinGecko)) Kwon and his wife signed to buy the penthouse in 2022, paying nearly half the price upfront through option fees and rental agreements of around S$40,000 a month. When they failed to complete the deal by mid-2023, the developer resold the unit for S$34.5M while holding the deposit. At the same time, Singapore investors have launched suits seeking up to $90 million, alleging that Kwon and the Luna Foundation misled the market during the Terra crash. His downfall is in the same kind of epic collapse as Sam Bankman-Fried; both figures who built billion-dollar platforms only to end up in court. DISCOVER: 20+ Next Crypto to Explode in 2025 The Broader Implications for Crypto Accountability Do Kwon really is a lesson that a fight over tokens will spill into real estate, personal assets, and courtrooms around the world. It also showcases that unchecked power in crypto is giving way to tighter scrutiny from both regulators and investors. EXPLORE: US Jobs Data, BTC USD and Bond Market Rally Put Fed Rate Cuts in Focus Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Terraform Labs co-founder Do Kwon has failed in his attempt to reclaim S$19.4M (≈$14.2M) from a collapsed luxury property deal in Singapore. This setback adds to a long list of legal troubles. Kwon pled guilty in August 2025 to conspiracy and wire fraud The post Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse appeared first on 99Bitcoins.
  2. The latest U.S. employment report is direct evidence that the Federal Reserve has no option but to return to a looser monetary policy. A few years ago, unemployment was at a half-century low. Now, this troubling rate has reached its highest level since 2021, recorded at the height of the pandemic. According to the Bureau of Labor Statistics, the U.S. unemployment rate of 4.3% raises concerns that the labor market—hit both by uncertainty and by rising costs associated with Trump's trade war—is on the brink of a more significant downturn. These 4.3% are not just numbers in a report. They represent a complex picture of interconnected economic forces steadily eroding the foundation of American employment. The trade war unleashed by the Trump administration acted as a catalyst, triggering a chain reaction. Higher tariffs and trade barriers not only drove up production costs for U.S. companies but also created an atmosphere of instability, discouraging businesses from expanding and hiring new workers. Uncertainty has become the main enemy of the labor market. Entrepreneurs, unsure of what to expect tomorrow, are delaying major investments and strategically downsizing staff in preparation for a potential economic storm. This effect is especially visible in industries directly dependent on international trade, such as manufacturing, agriculture, and logistics. Rising costs from the trade wars are pressuring small and medium-sized businesses, the backbone of U.S. job creation. Many firms are unable to withstand the increased financial burden and are forced to cut jobs to stay afloat. This, in turn, reduces consumer demand and further slows economic growth. The data also confirm last month's employment report, which showed a shockingly weaker hiring environment than previously expected. Job growth has slowed significantly in recent months, vacancies have declined, and wage growth has decelerated—all weighing negatively on overall economic activity. Markets appear to believe Friday's report radically changes the outlook. In reality, this is exactly what policymakers expected. Typically, such bad news for American workers has a silver lining for Wall Street, as it increases the likelihood of a Federal Reserve rate cut. More borrowing, more growth, higher stock prices, and a weaker dollar. As you can see in the market, currency traders wasted no time continuing to sell off dollar assets. As for the current technical picture of EUR/USD, buyers now need to break above 1.1740. Only this will open the way toward testing 1.1781. From there, a climb to 1.1825 is possible, though achieving this without support from large players will be quite difficult. The ultimate target is the 1.1875 high. In case of a decline, I expect serious buying interest only around 1.1705. If no buyers appear there, it would be preferable to wait for a test of the 1.1660 low or to open long positions from 1.1630. As for the current technical picture of GBP/USD, pound buyers need to overcome the nearest resistance at 1.3520. Only this will allow targeting 1.3550, above which breaking higher will be difficult. The ultimate target is the 1.3590 level. In case of a decline, the bears will attempt to regain control around 1.3485. If successful, a break of this range would deal a serious blow to the bulls and push GBP/USD down toward 1.3450, with prospects of reaching 1.3415. The material has been provided by InstaForex Company - www.instaforex.com
  3. Trend analysis. This week, from the level of 1.3506 (close of the last weekly candle), the price may continue downward toward 1.3389 – the 23.6% retracement level (red dotted line). Upon testing this level, the price may extend its downward move toward 1.3270 – the historical support level (blue dotted line). Fig. 1 (weekly chart). Comprehensive analysis: Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – down;Bollinger Bands – down;Monthly chart – down.Conclusion from comprehensive analysis: Downward movement. Overall summary of the GBP/USD weekly candle calculation: The price will most likely have a downward tendency during the week, with no upper shadow on the weekly black candle (Monday – down) and no lower shadow (Friday – down). Alternative scenario: From the level of 1.3506 (close of the last weekly candle), the price may start moving downward with a target of 1.3389 – the 23.6% retracement level (red dotted line). Upon reaching this level, the price may move upward toward 1.3458 – the 13-day EMA (yellow thin line). The material has been provided by InstaForex Company - www.instaforex.com
  4. Asia Market Wrap - Japan PM Ishiba Resigns Most Read: GBP/USD Forecast: Cable Recovers but the Outlook Remains Murky. WIll NFP Data Serve as a Catalyst? Following weeks of public pressure due to his party's second national election loss, Japanese Prime Minister Ishiba has announced his resignation. This has triggered a leadership contest that may cause market instability. The Topix, jumped 1.3% to a new all-time high of 3,146.58. The Nikkei 225 index, which tracks top Japanese companies, also rose by 1.45% to 43,643.81, which is close to its own record. The value of the yen dropped by 0.4% against the U.S. dollar, with one dollar now worth 148 yen. Japanese government bond prices were initially stable but fell later in the day, causing their yields (the return for investors) to increase. The yield on 20-year bonds went up by 3.5 basis points to 2.67%, and the yield on 30-year bonds rose by 6 basis points to 3.285%, which is the highest it has ever been. Yields on long-term Japanese bonds have been rising recently because of international worries about government debt and due to the internal pressure on Prime Minister Ishiba from his party, the Liberal Democratic Party (LDP). At the same time, the Nikkei stock index recently dropped from its record high last month. Source: LSEG A leading candidate to replace Ishiba as head of the LDP is Sanae Takaichi. She is a supporter of "Abenomics," the economic policies of former Prime Minister Shinzo Abe, who was known for large-scale government spending and a very loose monetary policy. On the Nikkei index, more stocks rose than fell, with 197 advancing and only 26 declining. The biggest winners were the chip design company Socionext, which saw its stock price increase by 8%, and Mazda Motor Corp, which jumped by 7.2%. Mitsubishi Heavy Industries, a company poised to gain from any increase in defense spending, also surged 3.3%. Additionally, two major players in the Japanese artificial intelligence (AI) sector, Advantest and SoftBank Group, saw their shares rise by 4.4% and 2.1%, respectively. China Exports Hit 6-Month Low In August 2025, China's exports grew by 4.4% compared to the same month last year, totaling $321.8 billion. This was a slower rate than the 7.2% growth in July and was below the expected 5% increase. The slowdown, which made this the weakest month for exports since February, was primarily caused by a temporary decrease in tariff tensions and a drop in demand from China's main consumer, the United States. On August 11, China and the U.S. extended their tariff agreement for 90 days, which kept existing tariffs in place. While exports to Japan, Taiwan, Australia, ASEAN, and the EU all grew significantly, exports to the U.S. plummeted by 33.1% and those to South Korea fell by 1.4%. Over the first eight months of 2025, China's total exports increased by 5.9% to $2.45 trillion, with notable growth in specific categories such as fertilizer, ships, and cars. European Open - French No-Confidence Vote in Focus European stock markets had a good start on Monday as a week of significant events began. The main story is the political uncertainty in France, which is likely to need a new prime minister for the fifth time in three years. The current French Prime Minister, Francois Bayrou, is expected to lose a no-confidence vote today. This is happening while the country, Europe's second-largest economy, is trying to manage its large national debt. France is also facing its first of several credit rating reviews this week, which could affect how lenders view its ability to repay its loans. The overall European stock market index, the STOXX 600, went up by 0.33%, while France's main index, the CAC 40, rose by 0.4%. Despite these early gains, French stocks have not performed as well as the broader European market this year. This is due to investor worries about government spending and debt, which have caused long-term bond yields (the return on an investment in bonds) to reach their highest levels in several years. In other company news, the investment bank Goldman Sachs downgraded its rating on the airline RyanAir, causing its shares to drop by 2%. On the other hand, shares of the retailer Marks and Spencer increased by 2.2% after the brokerage firm Citi upgraded its rating on the company to "buy." Additionally, shares of the Dutch company ASML went up by 0.7% after a news report stated that the company is set to become the largest owner of the French artificial intelligence startup, Mistral AI. On the FX front, The Japanese yen dropped significantly in value during trading in Asia. At one point, the U.S. dollar gained as much as 0.78% against the yen before settling down to a 0.1% increase for the day, with one dollar trading at 147.625 yen. Similarly, the yen fell to its lowest value in over a year against both the euro and the British pound. A single euro was worth 173.13 yen, and one pound was worth 199.53 yen. The British pound slightly rose by 0.1% to $1.352, building on its more than 0.5% gain from Friday. The euro remained steady at $1.1727 after reaching a high not seen in over a month on Friday. The U.S. dollar index, which measures the dollar's value against a group of other major currencies, slightly decreased by 0.2% to 97.7, following a more than 0.5% drop on Friday. Currency Power Balance Source: OANDA Labs Oil prices went up by more than $1 on Monday, recovering some of the value they lost last week. This was partly due to the possibility of new sanctions on Russian oil following an attack on Ukraine. OPEC+, a group of major oil producers, announced it would slightly increase production starting in October, but the amount was small. Brent crude oil rose by $1.24 (1.9%) to $66.74 per barrel. At the same time, U.S. West Texas Intermediate crude oil increased by $1.17 (1.9%) to $63.04 per barrel. Gold prices remained strong near their all-time high on Monday, getting closer to the key level of $3,600 per ounce. This was supported by growing expectations that the U.S. Federal Reserve will cut interest rates this month, especially after a weaker-than-expected jobs report was released last week. The price of spot gold was up 0.2% at $3,593.79 per ounce. On Friday, gold had already reached a record high of $3,599.89. Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will be quiet with Sentix investor confidence data the main release to focus on. The US session will also seem to be a quiet one, with the main area of focus being NY Fed inflation expectations. The week will get busy from Wednesday onward with a host of high impact data releases with the US particularly in focus. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - FTSE Index From a technical standpoint, the FTSE 100 continues to hold above the 100-day MA following a trendline break last week. The trendline break still hints at further upside with the RSI period-14 hovering above the neutral 50 level. If the neutral 50 level holds this would be another sign that bullish momentum remains dominant. This could see the FTSE continue its move higher toward the all-time highs. Immediate resistance rests at 9250, 9271 and 9308. Immediate support may be found at 9219, 9180 and 9128. FTSE 100 Four-Hour Chart, September 9. 2025 Source: TradingView.com (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.
  5. Prior -3.7Euro area investor morale slumped further going into September, with the headline reading being the lowest since April. Sentix noted that "economic anxieties are coming back with full force", adding that "there is not much sign of an autumn revival and the pressure on export-oriented industry is likely to increase further due to US tariffs". This article was written by Justin Low at investinglive.com.
  6. There's just no stopping the gold train still as the September month is really kicking off. The reasons to stay bullish on the precious metal are still very much there and after the period of consolidation from end May to end August, that's adding to the extra oomph in the latest breakout we're seeing. The question now is, where do we go from here? The upside momentum has been unrelenting since last year and there will come a period where gold buyers will have to pay their dues. However, it doesn't appear to be that the time is here yet. Even if September is typically a softer month for gold, the narrative this time around is largely driven by other factors. The most notable of course being the shift in Fed pricing from US data. And there will still be another big one coming up this week from the CPI report on Thursday. But for now, everything continues to fall into place for gold and it's hard to imagine a sudden shift in many of the macro narratives that are playing out across markets. Fed easing prospects, central bank buying, ETFs playing catch up, dollar disdain, and stagflation risks are all the more straightforward but yet very compelling arguments for gold to stay supported. And to start this month, even the technical picture is playing ball. It'll be interesting to see if the bulls can keep this up ahead of the usually strong seasonal showing in gold from December and January. Those are usually the two biggest months for the precious metal. But as always the case, I will continue to preach that gold remains a buy on dips on any technical pullback/correction. For now though, it's all about running with the upside again. This article was written by Justin Low at investinglive.com.
  7. Trend analysis (Fig. 1). This week, from the level of 1.1718 (close of the last weekly candle), the market may start moving downward with a target of 1.1536 – the 38.2% retracement level (blue dotted line). Upon testing this level, the price may begin moving upward with a target of 1.1571 – the upper fractal (red dotted line). Fig. 1 (weekly chart). Comprehensive analysis: Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – down;Bollinger Bands – down;Monthly chart – down.Conclusion from comprehensive analysis: Downward movement. Overall summary of the EUR/USD weekly candle calculation: The price will most likely have a downward tendency during the week, with the absence of the first upper shadow on the weekly black candle (Monday – down) and the presence of the second lower shadow (Friday – up). Alternative scenario: From the level of 1.1718 (close of the last weekly candle), the pair may begin moving downward with a target of 1.1498 – the 85.4% retracement level (red dotted line). Upon testing this level, the price may then move upward with a target of 1.1536 – the 38.2% retracement level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com
  8. Trend analysis (Fig. 1). On Monday, from the level of 1.3506 (Friday's daily candle close), the market may begin moving downward with a target of 1.3469 – the 21-day EMA (black thin line). Upon testing this line, the price may begin moving upward with a target of 1.3486 – the 23.6% retracement level (yellow dotted line). Fig. 1 (daily chart). Comprehensive analysis: Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger Bands – down;Weekly chart – down.Overall conclusion: Downtrend. Alternative scenario: From the level of 1.3506 (Friday's daily candle close), the price may start moving downward with a target of 1.3420 – the 38.2% retracement level (yellow dotted line). Upon testing this level, the price may then move upward with a target of 1.3469 – the 21-day EMA (black thin line). The material has been provided by InstaForex Company - www.instaforex.com
  9. Fundamental Overview The USD sold off across the board on Friday following another soft NFP report. The dovish bets on the Fed increased as a result and the market is now expecting three rate cuts by year-end (70 bps). Moreover, we have also an 8% probability of a 50 bps cut in September but that will likely happen only if we get a soft CPI report on Thursday. In that case, the greenback will likely weaken further into the FOMC meeting. Overall, if one zooms out, the US dollar continues to range although the dovish bets on the Fed keep weighing on the currency. Part of that could be the fact that the bearish positioning on the dollar could be overstretched and we might be at the peak of the dovish pricing. In fact, if the Fed cuts trigger stronger economic activity in the next months, the rate cuts in 2026 could be priced out and support the dollar. Nevertheless, the trend is still skewed to the downside and we might need strong data to reverse it. On the EUR side, the only fundamental development we got recently was the French political drama. Today, we get the French confidence vote in the afternoon where the Prime Minister is expected to lose. This should be already priced in, but could cause some intraday noise. In terms of monetary policy, nothing has changed. Many ECB members are now taking a much more neutral approach to rate cuts. They will need significant negative data to force them to cut further. The market is pricing just 8 bps of easing by year-end and 19 bps by the end of 2026, which indicates that the easing cycle might have already ended. The ECB rate decision this week is expected to be a non-event as the central bank will keep interest rates steady and don't offer much in terms of forward guidance other than mentioning that they are now well positioned and will need strong reasons to cut further. EURUSD Technical Analysis – 4 hour Timeframe On the 4 hour chart, we can see that EURUSD is threatening a breakout of the month-long range. If the price breaks to the upside, we can expect the buyers to pile in with a defined risk below the zone to position for a rally into a new cycle high. The sellers, on the other hand, will continue to step in around this resistance to keep targeting the 1.16 support. EURUSD Technical Analysis – 1 hour Timeframe On the 1 hour chart, we can see more clearly the upward spike following the soft NFP report and then a pullback into the weekend. If we get a bigger pullback from this resistance, we can expect the buyers to step in around the minor support at 1.1680. The sellers, on the other hand, will look for a break below that support to increase the bearish bets into the 1.16 support next. Upcoming Catalysts On Wednesday we get the US PPI report. On Thursday, we have the ECB rate decision, the US CPI report and the latest US Jobless Claims figures. On Friday, we conclude the week with the University of Michigan Consumer Sentiment report. This article was written by Giuseppe Dellamotta at investinglive.com.
  10. The past week proved ambiguous for global markets in terms of determining what to expect for the US economy in the near future and whether the significant deterioration in the US labor market will actually prompt the central bank to reduce interest rates more aggressively. Last Friday, I suggested that if the jobs data released on that day turned out to be below forecast, the Federal Reserve might cut the key interest rate not by 0.25%, but by 0.50% at once. But the report revealed not just a miss, but a catastrophic drop in job growth to 22,000 in August versus a forecast of 75,000. And even though July's figures were revised upward to 79,000, that's still very little. It was then that the business press began to speculate that the central bank might cut rates by 0.50% at once, citing the dire state of the US job market. By the way, this morning, fed funds futures show a 100% probability of a 0.25% key rate cut, but in addition, there is now a 10% expectation that the rate could be sharply reduced by 0.50%. In my opinion, this is quite a high probability, considering that extremely bad labor market news came out on Friday and not all American traders have "woken up" yet. However, negative news has also increased concerns that the economy may begin to stagnate and could face stagflation, where slowing growth is accompanied by rising inflation. This week, inflation reports come to the forefront, with the producer price report (PPI) due on Wednesday and the consumer price index (CPI) on Thursday. It is expected that the PPI will show a notable drop month-on-month, from 0.9% in July to 0.3% in August. At the same time, the overall CPI may show an upward trend for last month, which could, counter-intuitively, increase negativity due to fears of the US economy sliding into stagflation, rather than optimism from an upcoming Fed rate cut. So, what can we expect today in the markets? I believe overall market activity will be subdued until the inflation numbers are released. However, in general, a positive trend will prevail, as investors are interested not only in the upcoming inflation reports, but also the final Fed monetary policy decision, which will be announced on September 17th and is expected to involve a rate cut. On this wave, we can expect a turnaround lower for the dollar on the Forex market, followed by an increase in stock indices, which are already moving up in Asia and Europe. Cryptocurrencies and gold prices will also receive notable support. Upon evaluating the overall market landscape, I find it to be largely positive. Day's Forecast: EUR/USD The pair remains within the 1.1610–1.1735 range, from which it could break out to the upside on the back of the Fed's rate decision. A lack of strong inflation growth in the US may boost this upward momentum. On this wave, the pair may rise towards 1.1810. The level of 1.1744 can be used as an entry point for buying. GOLD Gold prices continue to rise after a brief consolidation and have already surpassed 3600.00. Dollar weakness amid the expected rate cut could push gold quotes up to 3650.00. The 3609.00 mark may serve as a buying level. The material has been provided by InstaForex Company - www.instaforex.com
  11. Trend analysis (Fig. 1). On Monday, from the level of 1.1718 (Friday's daily candle close), the market may begin moving downward with a target of 1.1691 – the 14.6% pullback level (blue dotted line). Upon reaching this level, an upward move is possible with a target of 1.1697 – the 76.4% pullback level (yellow dotted line). Fig. 1 (daily chart). Comprehensive analysis: Indicator analysis – up;Fibonacci levels – up;Volumes – up;Candlestick analysis – up;Trend analysis – up;Bollinger Bands – up;Weekly chart – up.Overall conclusion: Uptrend. Alternative scenario: From the level of 1.1718 (Friday's daily candle close), the price may start moving downward with a target of 1.1659 – the 23.6% pullback level (blue dotted line). Upon reaching this level, a pullback upward is possible with a target of 1.1680 – the 14.6% pullback level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com
  12. In a video analysis published today, the crypto chartist known as Cantonese Cat (@cantonmeow) laid out a multi-time-frame bullish case for Dogecoin, arguing that the asset is entering a third major cycle with technicals aligning for an upside break and multi-dollar targets—provided key resistance levels are cleared. “I’m extremely bullish on Dogecoin. I’m not going to be shy about it,” he said, adding that the current advance looks “a lot healthier than the last cycle.” Dogecoin Breakout Could Shock Bears Cantonese Cat frames the landscape first on the monthly chart, where the 20-month moving average has historically toggled from resistance to support at major inflection points. In his view, Dogecoin is now “kind of holding the 20-month moving average and taking a little bit of a stepwise approach on the way up here, forming overall higher highs and higher lows.” He also notes a quiet re-entry into the Ichimoku Cloud via consolidation rather than a blow-off impulse: “We are currently entering the Ichimoku cloud here very quietly by just going sideways. This is a break in of the cloud and this is bullish as far as I’m concerned.” Structurally, he characterizes the cycle as a classical base-building sequence. “It looks like a big giant cup with a handle,” he said, emphasizing that the handle retraced to a technically “reasonable” depth. With Fibonacci overlays applied, he observes that the pullback reached the 0.382 retracement—consistent with constructive, mid-cycle digestion—before price resumed trend. More broadly, he argues Dogecoin has been respecting Fibonacci pivots in an orderly, trend-like cadence: “Basically, you’re taking three steps forward, two steps back. This is a very healthy bull trend until proven otherwise.” On the weekly timeframe, he points to the confluence of the 20-week simple moving average and the 21-week exponential moving average—the support “band” many crypto traders track—as now acting as a floor rather than a ceiling. “You also broke above the support band resistance over here and flip into support. That’s also not a bearish thing here at all,” he said. The Ichimoku baseline has, in his words, been defended “at around 20 cents… very, very well for a long time,” while the 20-week average is “curling up,” further reinforcing the view that momentum is tilting higher. He also flags a “double bottom” and a successful back-test of the breakout zone that, taken together, leave him expecting upside resolution: “I think breakout is probably imminent whenever it wants to happen.” Cantonese Cat underscores multi-time-frame alignment as a key tell. According to his read, the 20-period moving average has been reclaimed on the daily, two-day, three-day, weekly, and monthly charts. The main near-term caveat is tactical: an “impulsive move” has pushed price “way outside the 12-hour bullish band,” which he believes explains the current pause. He also acknowledges a diagonal resistance line that may be undergoing a back-test, but does not see it as thesis-breaking. DOGE Price Targets For This Cycle When pressed by his own audience for destinations, he distinguishes between conditions and targets. He argues that last cycle’s run into a 2.272 logarithmic Fibonacci extension is unlikely to repeat verbatim. This time, he sees the 1.272, 1.414, and 1.618 extensions as more realistic markers—levels he maps to approximately “$1.50, $2.27, and maybe close to $4.” But he stresses the path-dependency: “Those are going to be the requirement for some of these higher targets to be met” only if Dogecoin can first clear the deep retracement band on this cycle. “We need to break above the 0.786 and the 0.86 this cycle,” he said, adding that “one level at a time, $0.41, $0.54, we need to break above those before we can really try to entertain some of these… greater than the dollar targets.” As for timing, he is explicit about uncertainty even as he reiterates direction. “All I can tell you is that Doge is probably ready for a big move up over the next few weeks. I don’t know when exactly that’s going to happen, but I am pretty bullish on Doge,” he said. He cautions against forcing precision on the calendar—“I never do any short-dated options… I don’t like to play with 3D chess and to be limited by time”—and instead describes a systematic accumulation strategy that has bought successive higher lows: “The market seems to keep giving me these higher lows to buy Doge at. I’m not going to say no to it.” The analytic through-line is that this cycle’s ascent is more measured than the last, with trend integrity—higher highs and higher lows, reclaimed moving averages across time frames, and cloud re-entry by drift rather than spike—offering a sturdier base for continuation. Whether that ultimately extends to “$1.50, $2.27, and maybe close to $4” will, in his framework, hinge on Dogecoin defeating the remaining retracement band and converting it to support. Until then, he concludes, the burden of proof remains on the bears: “This is not a bear trend at all.” At press time, DOGE traded at $0.231.
  13. Gold prices continue to rise, directly linked to expectations of a more accommodative monetary policy from the US Federal Reserve. However, many other factors are also providing strong support for the metal. As the data shows, in August, the People's Bank of China increased its gold reserves for the tenth consecutive month, continuing to diversify its holdings by reducing the share of US dollars. This strategic decision is part of a broader dedollarization trend seen in several countries seeking greater financial independence and protection against dollar exchange rate fluctuations. The data indicate that China is not alone in its pursuit of gold. Many central banks worldwide are actively increasing their gold reserves, viewing this asset as a reliable store of value and a hedge against inflation. Gold has traditionally been regarded as a safe-haven asset during times of economic uncertainty, making it attractive to central banks looking to stabilize their reserves. The increase in China's gold holdings can also be seen as part of its efforts to strengthen the renminbi's position as an international currency. Backing the currency with gold reserves could boost global confidence in the yuan and contribute to its broader use in international trade and finance. According to data published Sunday, the gold reserves of the central bank increased by 0.06 million troy ounces last month to 74.02 million troy ounces. China began this round of gold purchases in November, having bought a total of 1.22 million troy ounces during this period. In recent days, gold has reached record highs. Expectations of a US rate cut and criticism of the Fed from the White House have acted as fresh catalysts for the rally. The price of precious metals has risen by more than 30% this year, exceeding $3,500 per ounce. This explosive growth reflects not only current economic instability, but also fears about the future of the financial system. The main factor driving the rise in precious metals prices is, without a doubt, declining trust in fiat currencies, especially the US dollar. Goldman Sachs, like many other experts, highlights the critical role of the Fed's independence in maintaining trust in the dollar and the financial system as a whole. If the Fed becomes politically compromised or yields to government pressure, this could seriously undermine investor confidence and spark further moves into safe-haven assets like gold. In this case, according to Goldman Sachs analysts, gold could reach $5,000 per ounce, an unprecedented level. As for the current technical picture for gold, buyers need to take out the nearest resistance at $3,600. This will allow a move towards $3,641, above which it will be quite problematic to break through. The most distant target will be the $3,682 area. If gold falls, the bears will try to gain control over $3,562. If they succeed, a break of this range will deal a severe blow to the bulls' positions and drive gold down to a minimum of $3,526, with the prospect of reaching $3,490. The material has been provided by InstaForex Company - www.instaforex.com
  14. It is evident that even after the weak US labor market data—which points to a possible rate cut by the Federal Reserve—there was no sharp or explosive demand for Bitcoin or other cryptocurrency assets. This suggests that the market correction is not yet complete, and we are likely to see trading within a channel, with a gradual renewal of weekly lows. In the worst-case scenario, sell-offs will be sharp and rather significant. Investors appeared to ignore the potentially dovish signal from the Federal Reserve, which is usually seen as a positive for risk assets, including cryptocurrencies. There are several possible reasons for such a muted reaction. Firstly, the crypto market has experienced significant volatility and growth in recent months, which might have undermined the confidence of some investors. Secondly, expectations of monetary easing by the Fed have already been, to some extent, priced into Bitcoin and other cryptocurrencies. Data from Farside also confirms the lack of demand. As the figures show, by the end of last week, inflows to spot BTC ETFs continued to stagnate near record highs. Inflows to spot ETH ETFs have also slowed down considerably. This trend is definitely concerning for traders, who had previously placed high hopes on ETFs as a catalyst for a new rally in the crypto sector. Nevertheless, the situation is not entirely negative. Sustained institutional interest in spot ETFs remains a significant factor supporting the market. In addition, the development of infrastructure and the expansion of cryptocurrency use cases can, in the long term, attract new market participants. In the near future, the inflow dynamics into spot ETFs will remain an important indicator of investor sentiment and the potential direction of the cryptocurrency market. As for the intraday crypto market strategy, I will continue to act by buying into any major dips in Bitcoin and Ether, counting on the continuation of the medium-term bull market, which remains intact. Regarding short-term trading, the strategy and conditions are described below. BitcoinBuy ScenarioScenario #1: I will buy Bitcoin today upon reaching the entry point around $111,400, targeting a rise to $112,100. Once I reach around $112,100, I will exit the buys and sell immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is in the zone above zero. Scenario #2: Buying Bitcoin is also possible from the lower boundary of $110,800 if there is no market reaction to its breakout, targeting a move back up toward $111,400 and $112,100. Sell ScenarioScenario #1: I will sell Bitcoin today upon reaching the entry point around $110,800, targeting a fall to $110,100. Around $110,100, I will exit the sells and immediately buy on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is in the zone below zero. Scenario #2: Selling Bitcoin is also possible from the upper boundary of $111,400 if there is no market reaction to its breakout, targeting a move down to $110,800 and $110,100. EthereumBuy ScenarioScenario #1: I will buy Ether today upon reaching the entry point around $4,318, aiming for growth to $4,363. Once the price reaches around $4,363, I will exit the buys and immediately sell on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is in the zone above zero. Scenario #2: Buying Ether is also possible from the lower boundary of $4,284 if there is no market reaction to its breakout, targeting a move back up toward $4,318 and $4,363. Sell ScenarioScenario #1: I will sell Ether today upon reaching the entry point around $4,284, targeting a fall to $4,242. Once the price reaches around $4,242, I will exit the sell and immediately buy on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is in the zone below zero. Scenario #2: Selling Ether is also possible from the upper boundary of $4,318 if there is no market reaction to its breakout, targeting a move down to $4,284 and $4,242. The material has been provided by InstaForex Company - www.instaforex.com
  15. Trade Review and Advice on Trading the Japanese YenThe price test at 148.08 occurred at the moment when the MACD indicator had just started moving downward from the zero line, confirming the correct entry point for selling the dollar. As a result, the pair plunged by 120 pips. Buying on the rebound from 146.84 allowed for an additional profit of around 60 pips from the market. Employment in the US non-farm sector grew by only 22,000 in August, which led to a sharp drop in the dollar and a strengthening of the Japanese yen. This unexpectedly weak figure, which contrasts sharply with forecasts predicting an increase of around 75,000 jobs, caused a wave of concern in financial markets and triggered a broad exit of investors from dollar assets. The current situation puts the Federal Reserve in a dilemma. On one hand, weak employment data indicate the need to return to accommodative monetary policy to support economic recovery. On the other hand, inflation demands a restrictive policy to prevent the economy from overheating. The Fed's further actions will depend on incoming economic data and on how persistent the current slowdown in growth proves to be. For intraday strategy, I will focus primarily on Scenarios #1 and #2. Buy ScenarioScenario No. 1: I plan to buy USD/JPY today when the entry point around 148.30 is reached (green line on the chart), targeting a rise towards 148.86 (thicker green line on the chart). In the area of 148.86, I intend to exit the buys and open sells in the opposite direction (aiming for a move of 30-35 pips in the opposite direction from the level). It's best to return to buying the pair during corrections and significant pullbacks in USD/JPY. Important! Before buying, ensure the MACD indicator is above the zero line and just starting to rise from it. Scenario No. 2: I also plan to buy USD/JPY today in the event of two consecutive tests of the price at 147.98, when the MACD indicator is in the oversold area. This will limit the pair's downward potential and lead to a reverse market turn upwards. A rise towards the opposite levels of 148.30 and 148.86 can be expected. Sell ScenarioScenario No. 1: I plan to sell USD/JPY today only after the 147.98 level (red line on the chart) is broken, which will lead to a rapid decline in the pair. The key target for sellers will be the 147.43 level, where I intend to exit the sells and immediately open buys in the opposite direction (aiming for a move of 20-25 pips in the opposite direction from the level). It is best to sell as high as possible. Important! Before selling, ensure the MACD indicator is below the zero line and is just starting to move down from it. Scenario No. 2: I also plan to sell USD/JPY today in the event of two consecutive tests of the 148.30 price, when the MACD indicator is in the overbought area. This will limit the pair's upside potential and lead to a downward market turn. A decline to the opposite levels of 147.98 and 147.43 can be expected. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com
  16. Trade Review and Advice on Trading the British PoundThe price test at 1.3493 occurred at a time when the MACD indicator was starting to move upward from the zero mark, which confirmed the correct entry point for buying the pound and resulted in growth toward the target level of 1.3546. Selling from there on the rebound allowed for an additional profit of about 30 pips from the market. The latest report from the U.S. Department of Labor showed that employment in the U.S. rose by only 22,000 in August, which led to a sharp drop in the dollar and strengthening of the pound. This figure falls significantly short of forecasts, which anticipated over 75,000 new jobs, and raises serious concerns about the pace of growth in the American economy. The reaction of the currency markets was immediate and clear. Weak employment data may force the Federal Reserve to reconsider its plans to cut interest rates, which increases the likelihood of a looser policy by year-end. Unfortunately, there is no economic data from the UK today. The absence of key economic indicators, including inflation numbers, employment rates, and GDP, leaves traders without informational benchmarks to form a clear view of the British economy's state. In the absence of news, the dynamics of the pound sterling will largely depend on global factors such as changes in overall risk sentiment in markets and movements of the US dollar. Investors will be forced to rely on indirect data, including European and American data, to draw conclusions about the potential impact of these events on the UK economy. In this situation, the role of technical factors and market sentiment increases, which can lead to sharper and more unpredictable GBP/USD fluctuations. For intraday strategy, I will focus primarily on Scenarios #1 and #2. Buy ScenarioScenario No. 1: I plan to buy the pound today upon reaching the entry point around 1.3511 (green line on the chart) with a target of rising to 1.3536 (thicker green line on the chart). Around 1.3536, I plan to exit the buys and open sells in the opposite direction (aiming for a movement of 30-35 pips in the opposite direction from the level). Counting on the pound's rise today is possible within the framework of the Friday trend. Important! Before buying, ensure the MACD indicator is above the zero mark and is just starting its move up from it. Scenario No. 2: I also plan to buy the pound today in the case of two consecutive tests of the price at 1.3492 at a time when the MACD indicator is in the oversold area. This will limit the downside potential of the pair and lead to an upward reversal of the market. Growth can be expected towards the opposite levels of 1.3511 and 1.3536. Sell ScenarioScenario No. 1: I plan to sell the pound today after the level of 1.3492 (red line on the chart) is updated, which will lead to a rapid decline in the pair. The key target for sellers will be the level of 1.3466, where I plan to exit the sells and immediately open buys in the opposite direction (aiming for a movement of 20-25 pips in the opposite direction from the level). Pound sellers may show themselves at any moment today. Important! Before selling, make sure the MACD indicator is below the zero mark and is just starting to decline from it. Scenario No. 2: I also plan to sell the pound today in the case of two consecutive tests of the price at 1.3511 at a time when the MACD indicator is in the overbought area. This will limit the upside potential of the pair and lead to a reversal of the market downwards. A decline can be expected to the opposite levels of 1.3492 and 1.3466. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com
  17. Trade Review and Advice on Trading the EuroThe test of the 1.1709 price level occurred when the MACD indicator began to move upwards from the zero line, confirming a correct entry point for buying the euro. As a result, the pair grew by more than 50 pips. August US data showing only a slight increase in nonfarm payrolls led to a decline in the dollar and a rise in the euro. According to the US Department of Labor, only 22,000 new jobs were created in August, far less than the 75,000 expected. This information had an immediate impact on the currency markets, causing the dollar to fall and several risk assets, including the euro, to rally. Market participants interpreted the weak employment data as a sign of a US economic slowdown that may force the Federal Reserve to cut rates soon. The euro, in turn, gained upward momentum. The strength of the single European currency is tied to a weaker dollar and expectations that the European Central Bank will continue to hold rates steady at current levels. Today, data on changes in German industrial production and the trade balance are due. A decline in industrial production may point to a slowdown in economic growth, supply chain difficulties, or decreased demand for German goods, which could potentially have a negative effect on the euro. At the same time, a positive trade balance—especially if it exceeds forecasts—could support the euro by showcasing the competitiveness of German products on the world stage. Later, the Sentix investor confidence report for the eurozone will be released. An increase in this indicator reflects investor optimism about eurozone economic prospects, usually leading to a rise in investment and the euro strengthening. On the contrary, if the indicator falls, it may reflect doubts and concerns, negatively impacting financial markets and the currency. Significant deviations from expected values can lead to market volatility and force traders to quickly adapt their strategies. For intraday strategy, I will focus primarily on Scenarios #1 and #2. Buy ScenarioScenario 1: Today, I plan to buy the euro if the price reaches the 1.1735 area (green line on the chart) with a target to rise to 1.1769. At the 1.1769 level, I plan to exit the market and sell the euro in the opposite direction, aiming for a move of 30–35 pips from the entry point. Euro growth should only be expected after strong data. Important! Before buying, make sure the MACD indicator is above zero and just beginning to rise. Scenario 2: I also plan to buy the euro today if there are two consecutive tests of the 1.1711 price when the MACD indicator is in the oversold zone. This will limit the pair's downward potential and trigger a reversal to the upside. Growth toward the targets of 1.1735 and 1.1769 can be expected. Sell ScenarioScenario 1: I plan to sell the euro after reaching the 1.1711 level (red line on the chart). The target is 1.1684, where I plan to exit the market and immediately buy in the opposite direction (expecting a move of 20–25 pips from the level). Pressure on the pair may return today with weak data. Important! Before selling, ensure the MACD is below zero and starting to decline. Scenario 2: I also plan to sell the euro today if there are two consecutive tests of the 1.1735 price while MACD is in the overbought zone. This will limit the pair's upside potential and result in a reversal down. A decline to the opposite targets of 1.1711 and 1.1684 can be expected. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com
  18. Last Friday, US stock indices closed lower. The S&P 500 fell by 0.32%, while the Nasdaq 100 declined by 0.08%. The industrial Dow Jones dropped by 0.44%. Today, Asian indices mostly advanced as traders raised expectations for a Federal Reserve rate cut following weak US employment data on Friday. European stock futures traded in a narrow range. French government bond futures were little changed ahead of Monday's no-confidence vote in parliament, where Francois Bayrou's government is likely to resign. Expectations of a Fed rate cut strengthened after Friday's US jobs report showed that only 22,000 jobs were created in April, far below economists' forecasts. This led traders to assume that the Fed could begin cutting interest rates earlier than previously expected. The Nikkei 225 index rose by 1.2%, while the broader Topix index added 0.9%. The MSCI Asia Pacific regional equity index climbed by 0.3%. Technology stocks delivered some of the strongest performances in Asian trading, with Alibaba Group Holdings Ltd. and Tencent Holdings Ltd. contributing most to the regional index. Shares of Pop Mart International Group fell as investors locked in profits after a more than 200% rally this year following the stock's inclusion in key Hong Kong indices. Despite Friday's correction, global stock indices remain close to record highs, and investors appear to be viewing the economic slowdown under the "bad news is good news" scenario due to the prospect of rate cuts. US Treasuries partially retraced Friday's gains in Asian trading: the two-year yield rose by two basis points to 3.53%. The Bloomberg Dollar Spot Index climbed by 0.1%. In the commodity market, oil advanced after OPEC+ agreed on Sunday to a moderate production increase next month. Oil futures had fallen last week amid signs of upcoming supply growth. Gold traded near Friday's record high. As for the technical picture of the S&P 500, the main task for buyers today will be to break through the nearest resistance level of $6,490. This would allow for further upside and open the way toward the next level at $6,505. An equally important objective for bulls will be to keep control over the $6,520 mark, which would strengthen buyers' positions. In case of a downside move amid weakening risk appetite, buyers will need to step in around $6,473. A break below this level would quickly push the instrument back to $6,457 and pave the way for further weakness toward $6,441. The material has been provided by InstaForex Company - www.instaforex.com
  19. The Bitcoin price chart is now flashing a head and shoulders pattern with quite a clear plan for what could be coming next. Mix in the fact that there is an unfilled Fair Value Gap (FVG) available for the time being, with a high probability of being filled. This makes for a good idea for how the Bitcoin price could play out in the new week. However, there is also the possibility of a crash with resistance mounting that could cause trouble for the cryptocurrency. Filling The Fair Value Gap At $114,000 Crypto analyst Xanrox revealed that the first Bitcoin Fair Value Gap (FVG) opened up right above $114,000 following the last crash. This gap left a hole for liquidity that could attract more buy-ins to trigger another run. This fair value gap is also sitting above the Head and Shoulders pattern that has formed on the chart. With the gap still open and more likely to be filled, it suggests that the Bitcoin price could see a first initial run-up from here. This would take it all the way up to $114,000, and this is where the real problem comes in. This is because there is a lot of resistance building up above the fair value gap that could be triggered once the liquidity is sucked dry. Xanrox further explains that many traders have placed their stop loss orders above $114,000, which also adds to the mounting pressure at this level. Thus, whales will use this opportunity to take out all of the liquidity before they start to push the Bitcoin price back down. Bitcoin Price On The Edge Of A Crash Once the fair value gap is filled at $114,000, then there is the next phase of the trend, which is more bearish. In the post, the crypto analyst predicts that the price will begin another dump. This will be triggered by the lack of liquidity and the completion of the Head and Shoulders pattern. The crash is expected to go deeper than the current local low from August, plummeting below the support at $108,000. The more than 10% crash after filling the fair value gap is expected to push Bitcoin back down as low as $106,000 before finding a bottom. Xanrox expects all of this to play out this month, citing multiple factors for this. “We may see a huge dump because it’s September and it’s statistically the worst performing month for Bitcoin and also for the stock market,” the analyst stated.
  20. The US jobs report has turned everything upside down in the stock market. While previously, bad news from the US economy was good news for the S&P 500—since investors raised their bets on Federal Reserve rate cuts—this time, cooling in the labor market triggered a sell-off in the broad equity index. A weakening economy means lower corporate earnings and profits. What's there to cheer about? At first, out of habit, the S&P 500 shot higher and reached a new record after non-farm payrolls rose by a modest 22,000 in August. But then fear set in. Over the first eight months of the year, the US economy added just under 600,000 jobs. Excluding the COVID-19 pandemic, that's the lowest figure since the 2008-2009 global financial crisis. Futures markets now imply just a 10% chance of a 50 basis point rate cut at the September Fed meeting. The odds of three rounds of monetary easing jumped from 49% before the jobs report to over 70% afterwards. Dynamics of Expected Fed Monetary Easing Donald Trump blamed the Fed for everything. The president said Jerome "Too Late" Powell should have cut rates a long time ago—but, as usual, he's been too slow. US officials believe the Fed's slowness is hurting American workers. Stock indices fell even as Treasury yields declined. There is an unusual divergence in the market: equity volatility is near its 2025 lows, while Treasury volatility saw its sharpest rally since the April investor shock caused by the White House's Liberation Day tariffs. This raises concerns that the VIX will soon rise and push the S&P 500 into a correction. Stock and Bond Market Volatility Trends The broader index's retreat was amplified by a 2.7% drop in NVIDIA shares. The tech giant announced it is helping OpenAI develop and produce an AI accelerator chip. Given the company's significant weight in the S&P 500, it's not surprising that its decline pulled down the entire market—especially with energy and financial shares also in the red. Economic headwinds in the US immediately impacted these sectors. I believe the market will recover. Investors know the Fed won't act rashly; it will cut rates gradually, in response to further signs of labor market weakness. Technically, on the daily S&P 500 chart, there was a range bar engulfing a narrow bar. However, the return of prices above fair value at 6460 points to the strength of the bulls. A consolidation above this level will allow buying the broad index on pullbacks toward previously mentioned targets at 6565 and 6700. The material has been provided by InstaForex Company - www.instaforex.com
  21. BNB price is gaining pace above the $865 zone. The price is now showing positive signs and might aim for a move above the $900 handle in the near term. BNB price started a fresh increase above the $850 and $865 levels. The price is now trading above $870 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $874 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $870 level to start another increase in the near term. BNB Price Regains Strength BNB price formed a base above the $840 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $850 and $865 levels. The bulls even cleared the $875 resistance zone. A high was formed at $884 and the price is now consolidating gains. It is well above the 23.6% Fib retracement level of the upward move from the $841 swing low to the $884 high. The price is now trading above $875 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $874 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $882 level. The next resistance sits near the $885 level. A clear move above the $885 zone could send the price higher. In the stated case, BNB price could test $892. A close above the $892 resistance might set the pace for a larger move toward the $900 resistance. Any more gains might call for a test of the $920 level in the near term. Another Pullback? If BNB fails to clear the $885 resistance, it could start another decline. Initial support on the downside is near the $875 level. The next major support is near the $865 level or the 50% Fib retracement level of the upward move from the $841 swing low to the $884 high. The main support sits at $855. If there is a downside break below the $855 support, the price could drop toward the $872 support. Any more losses could initiate a larger decline toward the $835 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $875 and $865. Major Resistance Levels – $885 and $900.
  22. XRP price is struggling to recover above the $2.920 zone. The price is now moving higher and might gain pace if it settles above $2.90. XRP price is facing hurdles and struggling to recover above the $2.920 resistance. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.8650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it stays above the $2.850 zone. XRP Price Eyes Upside Break XRP price managed to stay above the $2.80 level and started a recovery wave, like Bitcoin and Ethereum. The price climbed above the $2.8350 and $2.850 resistance levels. However, the price seems to be struggling to settle above the $2.920 resistance zone. Recently, there was a fresh bearish reaction below the $2.90 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.793 swing low to the $2.925 high. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.8650 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.850 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.90 level. The first major resistance is near the $2.920 level. A clear move above the $2.920 resistance might send the price toward the $2.980 resistance. Any more gains might send the price toward the $3.00 resistance. The next major hurdle for the bulls might be near $3.050. Another Decline? If XRP fails to clear the $2.920 resistance zone, it could continue to move down. Initial support on the downside is near the $2.8650 level and trend line. The next major support is near the $2.850 level or the 50% Fib retracement level of the upward move from the $2.793 swing low to the $2.925 high. If there is a downside break and a close below the $2.850 level, the price might continue to decline toward $2.80. The next major support sits near the $2.720 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.850 and $2.80. Major Resistance Levels – $2.90 and $2.920.
  23. Ethereum price started a fresh recovery wave above the $4,450 zone but failed. ETH is still struggling and might slide below the $4,220 zone. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,400 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,350 level in the near term. Ethereum Price Remains At Risk Ethereum price started a recovery wave after it formed a base above the $4,200 zone, like Bitcoin. ETH price was able to climb above the $4,350 and $4,400 resistance levels before the bears appeared. The recent low was formed at $4,233 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the recent decline from the $4,491 swing high to the $4,233 low. However, the bulls face an uphill task near $4,320. Besides, there is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,320 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,300 level. The next key resistance is near the $4,320 level. The first major resistance is near the $4,360 level or the 50% Fib retracement level of the recent decline from the $4,491 swing high to the $4,233 low. A clear move above the $4,360 resistance might send the price toward the $4,420 resistance. An upside break above the $4,420 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term. More Downside In ETH? If Ethereum fails to clear the $4,360 resistance, it could start a fresh decline. Initial support on the downside is near the $4,260 level. The first major support sits near the $4,220 zone. A clear move below the $4,220 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,220 Major Resistance Level – $4,360
  24. Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above the $110,500 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $110,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $111,500 zone. Bitcoin Price Struggles To Recover Bitcoin price started a fresh recovery wave above the $112,000 zone but upside was limited. BTC peaked near $113,500 and started a fresh decline. There was a move below the $112,000 and $115,000 levels. The price even tested the $110,000 zone. The recent low was formed at $110,039 and the price is now consolidating. There was a move above the 23.6% Fib retracement level of the recent decline from the $113,372 swing high to the $110,039 low. However, the bears are active below the $112,000 level. Bitcoin is now trading below $111,000 and the 100 hourly Simple moving average. Besides, there is a bullish trend line forming with support at $110,500 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $111,250 level. The first key resistance is near the $111,700 level or the 50% Fib retracement level of the recent decline from the $113,372 swing high to the $110,039 low. The next resistance could be $112,580. A close above the $112,580 resistance might send the price further higher. In the stated case, the price could rise and test the $113,500 resistance level. Any more gains might send the price toward the $114,200 level. The main target could be $115,000. Another Drop In BTC? If Bitcoin fails to rise above the $112,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,500 level and the trend line. The first major support is near the $110,000 level. The next support is now near the $109,350 zone. Any more losses might send the price toward the $108,500 support in the near term. The main support sits at $107,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $110,500, followed by $109,350. Major Resistance Levels – $112,000 and $112,580.
  25. Conversations across the crypto space are circling back to blue-chip tokens, with Bitcoin, Ethereum, and Dogecoin taking the spotlight. Data from on-chain analytics platform Santiment shows that top market cap cryptocurrencies are dominating the surge in social chatter, with discussions ranging from institutional adoption and ETF speculation to technical barriers and ecosystem growth. Alongside them, Strategy, Tether, and MultiversX are also attracting strong attention. Bitcoin And Ethereum Dominating Attention Despite price resistance at $112,000 throughout last week, Bitcoin is still the most closely watched cryptocurrency by analysts and investors. According to on-chain analytics platform Santiment, Bitcoin is currently dominating among crypto investors thanks to extensive discussions about its long-term role as digital gold, a monetary network, and a hedge against inflation. Conversations focus heavily on its scarcity, institutional demand, and the importance of self-custody. Traders are also discussing Bitcoin’s liquidity in flash crypto offers that allow instant trading and spending across multiple platforms. Ethereum is trending, with mentions also tied to its role in flash tokens and its utility across wallets and decentralized platforms. ETH discussions are based on its transferability and use in trading, staking, and gaming, while institutions continue to accumulate large volumes. However, the Ethereum price is also facing technical struggles in breaking above $4,500, having been rejected at $4,480 multiple times in the past seven days. Strategy And Dogecoin Also Generate Social Buzz Strategy’s and its MicroStrategy ($MSTR) stock are also hot topics due to the company’s massive Bitcoin reserves and its reputation as a leveraged proxy for BTC exposure. Particularly, market chatter has picked up around its potential inclusion in the S&P 500, which could cause institutional buying and fund inflows. At the same time, discussions show that investors are debating whether MSTR shares or Bitcoin ETFs provide better exposure. Unsurprisingly, the word “Dogecoin” is in the limelight due to multiple developments last week. Most of Dogecoin’s mentions are based on the upcoming Rex-Osprey Dogecoin ETF, which could become a historic first for Dogecoin ETFs in the US financial market. Furthermore, Trump-backed company Thumzup is expanding Dogecoin mining operations by adding 3,500 rigs. Despite choppy price action last week, Dogecoin managed to close above $0.21. Tether ($USDT) also saw huge mentions last week after the company announced deeper investments into gold, with its reserves now exceeding $8.7 billion. The company aims to expand into mining, refining, and trading, with its CEO calling gold a natural bitcoin. Additionally, new token listings related to Tether are appearing on platforms like BitMart. MultiversX ($EGLD), meanwhile, is facing a different kind of attention. Social discussions highlight concerns about dilution of its supply and the migration of projects to other chains like SUI, raising doubts about long-term use cases. However, there’s optimism on projects such as xPortal and xMoney, with hopes that buyback mechanisms and upcoming launches could bolster value. Featured image from Unsplash, chart from TradingView
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