Eurozone's economic slowdown could strengthen the US dollar, impacting global markets and increasing volatility in crypto investments.
The post Eurozone business activity hits 31-month low amid recession fears appeared first on Crypto Briefing.
China's diplomatic maneuvering over Taiwan arms deals could strain US-China relations, impacting global markets and tech supply chains.
The post China reportedly blocks Pentagon visit amid $14B Taiwan arms deal talks appeared first on Crypto Briefing.
Germany's economic contraction amid geopolitical tensions may prompt ECB policy shifts, affecting eurozone stability and investment strategies.
The post German private-sector activity contracts for second month amid war appeared first on Crypto Briefing.
Dogecoin started a recovery wave above the $0.1040 zone against the US Dollar. DOGE is now facing hurdles near $0.1075 and might struggle to continue higher. DOGE price started a recovery wave from $0.1020 and climbed above $0.1040. The price is trading below the $0.1075 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.1040 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1020. Dogecoin Price Hits Resistance Dogecoin price started a recovery wave from the $0.1020 zone, like Bitcoin and Ethereum. DOGE climbed above the $0.1035 and $0.1040 resistance levels. There was a decent upward move above the 23.6% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1021 low. Besides, there was a break above a bearish trend line with resistance at $0.1040 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading belo
The ECB's potential rate hikes could tighten liquidity, impacting risk assets like crypto, and influence euro-dollar dynamics, affecting global markets.
The post European Central Bank set for June rate hike, with July options still on the table appeared first on Crypto Briefing.
Erdogan's mediation efforts could stabilize regional tensions, influencing global markets by reducing geopolitical risk and energy price volatility.
The post Erdogan tells Trump that extending Iran ceasefire is positive, contested issues can be resolved appeared first on Crypto Briefing.
Solana failed to settle above $92 and corrected most gains. SOL price is now consolidating losses above $84 and might attempt another increase. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $87 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $84.00 or $82.50. Solana Price Dips From $94 Solana price failed to remain stable above $92 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $88 levels. The bears even pushed the price toward $83. A low was formed at $83.35, and the price is now consolidating losses. The price is still showing bearish signs below the 23.6% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low. Solana is now trading near $85 and the 100-hourly simpl
The delay in military action highlights the potential for diplomatic solutions but underscores the risk of regional instability affecting global markets.
The post Trump delays military strike on Iran amid ongoing negotiations appeared first on Crypto Briefing.
Dogecoin started a fresh decline below the $0.1080 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1065 and $0.1075. DOGE price started a fresh decline below the $0.1080 level. The price is trading below the $0.1075 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1075 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1075 and $0.110. Dogecoin Price Dips Further Dogecoin price started a fresh decline after it closed below $0.110, like Bitcoin and Ethereum. DOGE declined below the $0.1080 and $0.1050 support levels. The price even dipped toward the $0.1020 level. A low was formed near $0.1025, and the price is now showing bearish signs well below the 23.6% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1025 low. Dogecoin price is now trading below the $0.1065 level and the 100-hourly