Bitcoin declined by 5.7%, ending the week at around $40,300. Ethereum lost 6.6%, while other leading altcoins in the top 10 fell from 2.9% (Binance Coin) to 17% (Terra). The exception was XRP (+0.8%). Monday began with a further 3.3% drawdown in bitcoin to $38.9K, which had fallen below its support line since January. The […]
The post Bitcoin’s Breaking Support appeared first on Action Forex.
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…
Japan’s trade data for February revealed a mixed but resilient picture, with exports rising 4.2% yoy to JPY 9,572B, comfortably above expectations. Imports also strengthened, up 10.2% yoy to JPY 9,514B, resulting in a trade Read more…