BNB Springs Back From $531 With Unshaken Bullish Conviction
The cryptocurrency market thrives on pivotal make-or-break moments at certain price levels where assets either collapse or catapult higher. For BNB, the $531 support level has proven to be a turning point. After a period of uncertainty, BNB has held this crucial zone and ignited a powerful rebound, confirming a shift in market structure from cautious consolidation to bullish momentum. This resurgence is more than just a technical bounce. It reflects growing confidence among traders, resilient demand at key levels, and a broader market appetite for altcoins as Bitcoin stabilizes. With....
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Dogecoin price managed to pop a few points higher Intraday, and traded above a major bearish trend line formed on the hourly chart (data feed from HitBTC). Buyers also succeeded in taking the price above the 100 hourly simple moving average, which is a bullish sign and may encourage buyers to take the price further higher. The price traded as high as 31.9 Satoshis and retreated back. However, the broken trend line is currently acting as a support for the price along with the 100 MA. Furthermore, the 50% Fib retracement level of the last wave from the 28.6 Satoshis low to 31.9 Satoshis....
Reserve risk is a ratio between the current price of bitcoin and the conviction of long-term holders.