65022.980
Today
-0.14%
5 Days
+2.45%
1 Month
+2.74%
6 Months
-7.55%
Year to Date
-25.87%
1 Year
-44.27%
Opening Price
65107.960Previous Closing Price
65107.960The broader cryptocurrency market holds steady, with Bitcoin (BTC) trading near $65,000, above its 50-day Exponential Moving Average (EMA) of $64,702. The Bank of Japan (BoJ) released the summary of opinions from its July meeting, with nearly half of the board members leaning hawkish.
Bitcoin (BTC) and Ethereum (ETH) show signs of strength as bulls defend key support on Monday after gaining 2% and 1.3% in the previous week. Meanwhile, Ripple (XRP) recovers mildly at the start of the week on Monday after sliding over 5% last week.
• Lower U.S. Treasury yields and a weaker dollar are driving demand for Bitcoin. • Sustained net inflows into spot Bitcoin ETFs are tightening circulating market supply. • Derivatives market short liquidations and institutional accumulation support current upward price momentum.
Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout.
Bitcoin (BTC) price holds steady above $64,000 on Friday, with the 50-day Exponential Moving Average (EMA) at $64,637 capping gains. The US Senate has delayed the floor vote for the Crypto Clarity Act after the summer recess, starting Monday.
Bitcoin (BTC) and Ethereum (ETH) remain under pressure on Friday after mild gains, while Ripple (XRP) slides over 5% so far this week. BTC faces rejection near a key resistance barrier, and ETH has been trading sideways for the last 22 days.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The upside prevails as long as 64,290 is support, with 65,991 and 66,412 as targets
below 64,290, expect 63,586 and 63,167.
The upside prevails as long as 64,290 is support, with 65,991 and 66,412 as targets
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