1/23/2024 0 Comments Live coin watch dogecoin![]() Notably, the 50-day EMA support at $27,300 is particularly interesting and potentially signals a bull market if it holds. Technical indicators suggest bullish sentiment with RSI 59 above the 50 threshold and 50-day EMA at $27,260, indicating a short-term bullish trend. On the other hand, immediate support lies at $26,775, followed by $25,900 and $25,000. Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “On the 4-hour Bitcoin price chart, key levels include the pivot point at $27,267, immediate resistance at $28,427, and further resistance at $29,222 and $29,997. On WazirX, Standard Tokenization Protocol (STPT) and Pendle (PENDLE) have been the top gainers in the last 24 hours.” October is expected to see a sideways movement, offering opportunities for investors in the long term. Although BTC briefly touched $28,000 earlier this week, it retraced some gains. Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) inched up 1.3 percent in the last 24 hours, reaching around $27,700 amid a more stable crypto market and easing traditional market pressures. The major mover of yesterday remained AVAX (+8.7 percent) as it crossed the $10 mark after 28 days due to the gaining popularity of its social app Stars Arena which is a direct competitor of the very popular base chain app friend.tech.” Bitcoin (BTC, +0.9 percent) showed an upward move yesterday albeit a slow one with it still remaining below the $28k mark. Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, “The crypto market seems to be calming down after Monday’s sharp rally. Altcoin AVAX has experienced notable growth, surpassing a 9 percent increase in the last 24 hours, thanks to the launch of Stars Arena, a SocialFi platform, on the Avalanche blockchain.” Depending on market momentum holding the pace, Bitcoin's price may either push towards the $30,000 threshold or settle back into the $27,000 trading range. In anticipation of this Friday's official release of US Non-farm payroll data, the preliminary data for September's US Private Payroll employment indicated an increase of 89,000 jobs, below the projected 153,000 jobs. Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has been trading around the $27,700 range, potentially influenced by a calmer tone in traditional markets following a slowdown in the US labour market. Top Crypto Gainers Today (October 5)Īs per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:Ģ4-hour gain: 3.76 percent Top Crypto Losers Today (October 5)Īs per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:Ģ4-hour loss: 1.32 percent What Crypto Exchanges Are Saying About Current Market Scenario As per WazirX, SOL price in India stood at Rs 1,950.02. Solana price stood at $23.29, marking a 24-hour gain of 0.59 percent. As per WazirX, Ripple price stood at Rs 45.10. XRP price stood at $0.5294, seeing a 24-hour dip of 0.50 percent. ![]() ![]() ![]() At the time of writing, it was trading at $64.61. Litecoin saw a 24-hour gain of 0.55 percent. As per WazirX, Dogecoin price in India stood at Rs 5.25. Price Action: At the time of writing, BTC was trading at $27,362.22, down 0.86% in the last 24 hours, according to Benzinga Pro.DOGE registered a 24-hour jump of 0.52 percent, as per CoinMarketCap data, currently priced at $0.06116. Highlighting DOGE's potential, Crypto Tony stated, "We all know the game plan on DOGE, right." Based on a chart shared by the analyst, DOGE is expected to reach levels around $0.17 before April 2024, indicating an increase of approximately 170%. Last month, Crypto Tony shared price predictions and emphasized the cyclic nature of financial markets, including the phases observed in the cryptocurrency space. ![]() $BTC / $USD – Update Holding that $27,000 low, so i remain long for the time being and would be shorting if we lose this low here, or pump up and reject hard as suggested on chart below /bSDjWWaJEU I would be shorting if we lose this low here, or pump up and reject hard as suggested on the chart below.” Why It Matters: Regarding Bitcoin (CRYPTO: BTC), Crypto Tony pointed out, “Holding that $27,000 low, so I remain long for the time being. ![]()
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