resistance – Cryptonium News

Leading altcoin Ethereum (ETH) has actually seen an amazing spike in the previous week. Its worth has actually climbed up almost double digits and presently trades at $3,672. Hopes of a continual rally towards the $4,000 mark might deal with headwinds as a substantial boost in sell orders has actually been observed in the coin's futures market. Ethereum Sellers Dictate Price Trends CryptoQuant's information reveals a rise in sell orders in the ETH futures market, with its taker buy-sell ratio staying listed below one given that January 4. Presently, the ratio stands at 0.84. This metric tracks the percentage of buy orders to offer orders in the futures market. A ratio listed below one signals more sell orders being performed, showing a shift in market belief from bullish to bearish. Th...

editor-in-chief Share this post Dogecoin fell listed below a fiercely objected to area again after current market-wide losses. The liquidation heatmap highlighted 2 essential levels that might choose the next longer-term pattern. Dogecoin [DOGE] was down by 9.7% in the 24 hours preceding press time, however its trading volume was up almost 89%. This substantial increase can be mostly credited to the selling that happened the previous day. With Bitcoin [BTC] when again having a hard time to recover $100k, Dogecoin's short-term outlook is precarious. The $0.336 and $0.375 levels will be crucial over the next couple of days. Dogecoin bulls not able to safeguard $0.37 zone Source: DOGE/USDT on TradingView In mi...

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Ethereum’s (ETH) $4,000 Rally Faces Resistance Amid Increased Sell Orders

Dogecoin: Can DOGE hold THIS assistance as bulls lose the $0.37 zone?