Forum » General » News and Announcements » Why Is the Crypto Market Down Today?

Why Is the Crypto Market Down Today?

  • First copy shoes come in a wide variety of styles and designs. You can find replicas of almost any designer shoe, from high heels to sneakers. This allows you to find a pair of shoes that matches your style and 1st copy shoes preferences, without having to spend a fortune. First copy shoes are widely available online, making them accessible to anyone with an internet connection. You can easily find and purchase first copy shoes from online marketplaces or specialized websites, without having to travel to a specific store or boutique.

      May 11, 2023 5:09 AM MDT
    0
  • First copy shoes come in a wide variety of styles and designs. You can find replicas of almost any designer shoe, from high heels to sneakers. This allows you to find a pair of shoes that matches your style and 1st copy shoes preferences, without having to spend a fortune. First copy shoes are widely available online, making them accessible to anyone with an internet connection. You can easily find and purchase first copy shoes from online marketplaces or specialized websites, without having to travel to a specific store or boutique.

      May 11, 2023 5:08 AM MDT
    0
  • Pizza Tower is a 2D platform action game developed by Tour de Pizza. The game features classic graphics and gameplay in which the player controls a pizza delivery boy named Peppino as he battles through a building filled with enemies and traps to deliver pizza to a mysterious customer in New York. top of the building. The game has attracted the interest of many players
      May 11, 2023 1:07 AM MDT
    0
  • In the news, Binance suspended Bitcoin transactions for the second time in a few hours, since the network became congested, causing fees to increase considerably.To get more news about Crypto currency market, you can visit wikifx.com official website.

    The Prime Minister of Liechtenstein stated that he wants to allow citizens to pay for government services using Bitcoin.The TOTALCAP has decreased since April 14. On April 20, it cropped below the $1.16 trillion area. Afterward, it validated it as resistance on April 26 and May 6 (red icons).  A drop below a resistance area and the ensuing validation as resistance is considered a bearish sign. So, it usually lead to downward movements.If a downward movement occurs, the closest support area will be at $1.03 trillion. On the other hand, if the price moves above the $1.16 trillion resistance, it can increase to the next resistance at $1.26 trillion.

    The price of Bitcoin has been following a head-and-shoulders pattern since March 17. This pattern is viewed as negative because it typically results in a decrease in price.

    The neckline of the pattern is at $27,500, and if the price falls below this point, it may lead to a significant drop to $23,200, which is the 0.5 Fib retracement support level.

    However, if the price of Bitcoin surpasses the right shoulder of the pattern (indicated by the red line), it will negate the bearish trend and could potentially increase in value up to $42,000.

    The SUI price broke down from the $1.26 horizontal area on May 8. The downward movement led to a low of $1.09 the same day.

    While the price created a long lower wick, which is considered a sign of buying pressure, it is still trading considerably below the $1.26 horizontal area. If the decrease continues, the next closest support area will be at $0.96. However, if a bullish reversal occurs, the SUI price can increase to the $1.26 resistance area again.

      May 11, 2023 12:05 AM MDT
    0