Organizations are using machine learning (ML) and AI services to enhance customer experience, reduce operational cost, and unlock new possibilities to improve business outcomes. Data underpins ML and AI use cases and is a strategic asset to an organization. As data is growing at an exponential rate, organizations are looking to set up an integrated, […]
BTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price. BTC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. BTC’s price bounces from a low of $15,500 on the daily timeframe as the price moves in a range below the 50 Exponential Moving Average (EMA) The price action displayed by Bitcoin (BTC) in recent times has yet to be encouraging after its erratic price movement, leading to the price of many altcoins, including Bitcoin (BTC), battling for survival. The Domino effect of the FTX saga and other huge investors involved has left the market at a standstill as the market is yet to make a major move after previous weeks saw the price of Bitcoin (BTC) perform well, rallying from a low of $19,200 to a high of $21,600. Most altcoins trend higher as many produced gains of over 200%, including DOGE rallying from a region of $0.55 to a high of $0.15. Still, these expectations were cut short by the uncertainty surrounding the crypto market, leading to much fear about where the market could be headed. (Data from Binance) Related Reading: Cosmos (ATOM) Trades Below $13 As Bulls Give Up; Here Are Levels Bulls Will Buy Bitcoin (BTC) Price Analysis On The Weekly Chart The past few days have been filled with so much turbulence in the crypto space as many altcoins have struggled to show strength after losing their key support holding off price decline. The current uncertainty surrounding the market has resulted in reluctance on the part of traders and investors to make altcoin purchases, as there is no assurance if they would be heading up any time soon. FTX news had a huge impact on the price of BTC, sending the price into a spiral movement to a region of $15,500 as the price bounced off this region with what looked like a temporary demand zone to hold off big sell-off. The price of BTC bounced off this region showing some great strength to a region of $17,300 as the price aims to break higher was rejected into a range of $16,500. The price of BTC needs to break above $18,500 for more signs of relief. Weekly resistance for the price of BTC – $18,500. Weekly support for the price of BTC – $15,500. Price Analysis Of BTC On The Daily (1D) Chart The price of BTC remains considerably strong in the daily timeframe as the price trades above $16,000 support after bouncing off from the region of $15,500, leading to the price forming an ascending triangle for price. If the price of BTC breaks above $18,500, we could see more rallies for BTC price; a break below a region of $16,500 would be a bear trap as the price could go lower. Daily resistance for the BTC price – $18,500. Daily support for the BTC price – $16,500-$15,500. Related Reading: Ethereum Price Showing Early Signs of Fresh Drop, But This Support Is Key Featured Image From zipmex, Charts From Tradingview
Why AI models will replace artists long before they’ll replace programmers
Perhaps the most mind-bending implication we’re seeing from generative AI is that, contrary to the common view that creativity will be the last bastion of human ingenuity in the …
In the last few months, we have witnessed a crazy phenomenon within the nexus; Metaverse. Degens, enthusiasts, and players have flocked to a certain specific handle. Your guess is right! It’s none other than Alien Worlds. Crazy enough, the metaverse is currently home to uncountable games within this environment. However, Alien Worlds just stands out […]
DOGE’s price fails to hold amidst market turmoil as price falls back to its support zone with a range-bound movement. DOGE’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors. DOGE’s price continues to hold $0.08 on the daily timeframes as the price aims for a bounce above the 50 Exponential Moving Average (EMA) The price of Dogecoin (DOGE) has been a standout performer for October, rallying with over 100% gains in 24 hours. Still, In the last few days, the crypto market has seen some drastic shift in sentiment, with Dogecoin (DOGE) and the price of other altcoins battling for survival after the news broke that Binance would not be taking over FTX and the company had gone bankrupt. Most altcoins trend higher as many produced gains of over 200%, including DOGE rallying from a region of $0.55 to a high of $0.15, with many hoping for more recovery bounce. Still, these expectations were cut short by the uncertainty surrounding the crypto market, leading to much fear about where the market is headed. (Data from Binance) Related Reading: Solana Loses 60% Of Its Value After FTX Collapse – Can SOL Bounce Back This Week? Dogecoin (DOGE) Price Analysis On The Weekly Chart The past few days have been filled with so much turbulence in the crypto space as many altcoins have struggled to show strength after losing their key support holding off price decline. The current uncertainty surrounding the market has resulted in reluctance on the part of traders and investors to make altcoin purchases, as there is no assurance if they would be heading up any time soon. The news of other exchanges being in the mix of the FTX saga has raised more fears as many investors and traders shy away from investing in some projects, but this is not so for the DOGE army as they have defended $0.08 acting as a good support area for more rallies. DOGE’s price declined to a weekly low of $0.073 before bouncing off this region, showing some great strength to a region of $0.088 as the price aims to break higher. The price of DOGE needs to flip the region of $0.1 for DOGE price to trend higher. Weekly resistance for the price of DOGE – $0.1. Weekly support for the price of DOGE – $0.07. Price Analysis Of DOGE On The Daily (1D) Chart The price of DOGE remains considerably strong in the daily timeframe as the price trades above $0.08 support after bouncing off from the region of $0.075. If the price of DOGE breaks above $0.1, we could see more rallies for DOGE price; a break below a region of $0.07 would lead to more sell-offs for DOGE. Daily resistance for the DOGE price – $0.1. Daily support for the DOGE price – $0.08-$0.075. Related Reading: XRP Price Drops While 2 Bullish Events Are Kicking Off Featured Image From zipmex, Charts From Tradingview
The impact of climate change is no longer theoretical or a future problem, but a reality that already affects communities across the world. Already a serial entrepreneur and leading female figure in European tech, in 2020, Rachel Delacour decided to take urgent action and help reduce the consequences of climate change by founding Sweep. Based […]
