The post GBP/JPY Price Forecast: Bulls remain in control with RSI and MACD in positive territory appeared on BitcoinEthereumNews.com.
GBP/JPY trades under pressure on Friday after comments from Japan’s Finance Minister Satsuki Katayama boosted the Japanese Yen (JPY). At the time of writing, the cross is trading around 217.10, down 0.30% on the day. Katayama said the government would encourage domestic pension funds, including the Government Pension Investment Fund (GPIF), to increase their holdings of Japanese financial assets. However, the remarks did little to reverse the Yen’s broad-based weakness, leaving GBP/JPY pinned near levels last seen in 2008 and on track for a third consecutive weekly gain. Meanwhile, the British Pound (GBP) remains the strongest-performing G10 currency in recent weeks, supported by Bank of England (BoE) interest rate hike bets and easing political uncertainty in the United Kingdom. From a technical perspective, GBP/JPY maintains a bullish bias on the daily
The post PEPE Price Prediction: Momentum Flatline Meets Bullish Flicker — Which Side Breaks First? appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 10, 2026 10:16
PEPE is printing a textbook indecision setup — RSI glued near 50, MACD effectively dead in the water, yet Stochastic is quietly creeping into bullish crossover territory with a 2.28% intraday gain….
Market Context: Why PEPE is Moving Now PEPE is doing what meme coins do between catalysts — it’s drifting, trying to convince you a move is coming without actually committing to one. The 2.28% green candle today sounds exciting on a headline, but paired with $10.66 million in Binance spot volume, it’s the kind of price action that gets retail excited and leaves experienced desks unmoved. There’s no macro news driving this, no obvious catalyst, no fresh narrative injection. This is low-energy price discovery in the upper half of the recent Bollinger Band range, and you have to respect what that implies: the m
The post Tesla Stock Chart Pattern Points to $759 — a 92% Move From Here appeared on BitcoinEthereumNews.com.
Tesla (TSLA) stock trades near $394 as two maturing chart patterns approach resolution. A weekly cup and handle and a daily symmetrical triangle both suggest a decisive move within days or weeks. Volume keeps contracting on both timeframes, while the Relative Strength Index (RSI) sits near 50 on each. That balance leaves Tesla stock pinned between $470 resistance and $350 support. Weekly Cup and Handle Pattern Points to $759 The weekly chart shows a cup that formed between the late 2024 top near $480 and the mid 2025 trough near $240. Price returned to the rim in December 2025 before pulling back, and the decline into the April 2026 low appears to form the handle. Volume has declined across the entire formation, a behavior often seen in valid cup and handle structures. Meanwhile, the weekly RSI reads just below 50, reflecting neutral momentum. TSLA weekly chart / Source: Tradin
The post Japan Is Repeating a Rare Policy Experiment That Rocked UK, Turkey, and US Markets appeared on BitcoinEthereumNews.com.
Japan’s government is pushing public pension funds to buy more domestic assets, even as the Bank of Japan raises rates and trims its bond holdings. Japan’s policy split now pits fiscal stimulus against monetary tightening. Finance Minister Satsuki Katayama said this week that Japan wants the Government Pension Investment Fund and other public funds to lift their home holdings. The goal is to steady bonds and the yen while the BOJ pulls back. Japan’s Policy Split is Deliberate The Government Pension Investment Fund manages about $1.8 trillion, making it the world’s largest. Close to half sits in foreign stocks and bonds, so even a small shift home moves global markets. The push follows earlier calls from lawmakers to invest more at home. That signal landed on hot inflation. Producer prices climbed 7.1% in June, up from 6.6% in May, official data showed. Oil, e
The post SHIB Price Prediction: Mid-Range Stall and Dying Volume Signal a Make-or-Break Week Ahead appeared on BitcoinEthereumNews.com.
Felix Pinkston
Jul 10, 2026 09:33
SHIB’s momentum is flattening at a dangerous inflection point — RSI below 45, Binance spot volume barely scraping $1.87M, and the MACD leaning bearish. The $0.0000099 structural floor is the line i…
SHIB’s Technical Reality Check Buyers are hesitating, and the chart is telling you exactly why. With RSI at 40.43 — soft but not yet in oversold territory — SHIB is sitting in the most dangerous part of the momentum range: too weak to attract fresh longs, not washed out enough to trigger bottom-fishers. The MACD histogram is flat to negative, meaning the engine hasn’t turned over. This isn’t a coiled spring setup; it’s a slow bleed. What makes it worse is the Bollinger Band picture. Price parked dead center at a %B of 0.50 — precisely on the 20-day mean — with bands showing no meaningful expansion. That ki
The post Bitcoin Long-Term MACD Turns Bullish Above $64K appeared on BitcoinEthereumNews.com.
Bitcoin News Bitcoin (BTC) has flipped a closely watched momentum gauge bullish, with its long-term MACD histogram crossing above the zero line for the first time in months. The move follows a roughly 10% rally through July that pushed the leading cryptocurrency back above $64,000. The Moving Average Convergence Divergence indicator, which measures the relationship between two price averages, turning positive is widely read as a shift from seller control toward renewed buying pressure. Our reading of the recovery suggests the bounce may be more than a short-lived relief move, though a positive crossover alone does not confirm a new trend for Bitcoin without follow-through above key levels. The technical setup hinges on a cluster of resistance levels that bulls must reclaim to validate the signal. The first hurdle sits near $65,434, where the 50-day simple moving average currently rests. Above
The post Ethereum approaches $1,800 as bulls test key resistance appeared on BitcoinEthereumNews.com.
Key takeaways Ethereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level. Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious. Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening. Ethereum price nears $1,800 as recovery momentum builds Ethereum (ETH) continued its recovery on Friday, climbing to around $1,790 as buyers pushed the cryptocurrency closer to the important $1,800 resistance level. Although recent gains have improved short-term sentiment, Ethereum remains below several major moving averages, indicating that the broader trend has yet to shift decisively in favor of the bulls. Ethereum’s recovery is approaching a significant technical hurdle at the 50-day Exponential Moving Average (EMA) near $1,800. The asset continues to trade below
Key takeaways Ethereum (ETH) is extending its recovery, trading near $1,800, a key technical resistance level. Despite improving momentum, ETH remains below its 50-day, 100-day, and 200-day EMAs, keeping the broader trend cautious. Technical indicators, including the RSI and MACD, suggest bullish momentum is strengthening. Ethereum price nears $1,800 as recovery momentum builds Ethereum (ETH) […]
The post Ethereum approaches $1,800 as bulls test key resistance appeared first on CoinJournal.
The post British Pound retreats from multi-year highs as JPY strengthens appeared on BitcoinEthereumNews.com.
The GBP/JPY cross attracted heavy selling on Friday, snapping a two-day winning streak to the highest level since January 2008, around the 218.00 mark set the previous day. The intraday descent drags spot prices below the 217.00 mark during the first half of the European session amid a broadly firmer Japanese Yen (JPY). The Japanese Yen (JPY) rallies across the board after Japan’s Finance Minister Satsuki Katayama said that the government plans to encourage pension funds to increase their holdings of domestic financial assets. She added that the government anticipates gradual increases in interest rates as it pursues a proactive fiscal policy stance, and that she wants to speed up discussions on expanding JGB products aimed specifically at households. A larger and steadier base of long-horizon domestic buyers could help absorb increased bond issuance tied to Japan’s fiscal expa