BTC/USD is trading at $62383.30 much higher than previous day close. The Bitcoin tested recent highs of $62000 levels on Monday after U.S launched first future-based Bitcoin ETFs which opens up more investing opportunities amongst the traders & investors. Besides this, uncertain chances of U.S stimulus tapering down talks in the near future & suspicious view over interest rate hike make cryptos more expensive last week. As seen in the chart, the BTC/USD almost crossed over the major resistance level of Fibonacci Expansion level 61.8 & is heading over to next Fibo level of 100.0. Upside moving RSI line supports the bull-run & hence, buying on corrective dips may be recommended with the possible target of $64000.
Read More… Read LessIntra Day | |
Near Day |
R3 | 66985 |
R2 | 64216 |
R1 | 63002 |
Turnaround | 61447 |
S1 | 60233 |
S2 | 58678 |
S3 | 55908 |
XRP/USD is trading at $1.0910, 0.05% up since previous day close. An upward momentum can be seen in Ripple following the positive trading in Bitcoin & other major Altcoins. The launch of futures-based Bitcoin ETFs remained vita factor for crypto world as traders & investors gets more option for trading. On global front, the mixed USD & uncertain equities ahead of Fed Meeting with a focus on interest rate & tapering down decision increases trading volume in crypto-currencies. As seen in the chart, although the XRP/USD is trading within the sideways channel yet is floating near MA (10) & MA (20) which indicate make or break situation further. Also, the RSI line is moving near the mid-level 50. Buying may be favored if crosses the MA (10) on an intraday basis.
Read More… Read LessIntra Day | |
Near Day |
R3 | 1.1683 |
R2 | 1.1264 |
R1 | 1.1057 |
Turnaround | 1.0848 |
S1 | 1.0641 |
S2 | 1.0432 |
S3 | 1.0016 |
XFlow Markets provides an entirely transparent access to the FOREX Market through two powerful trading platforms (XFLOW & MT4) with excellent execution speed, a 24/5 client support system with no dealing desk involvement.
© 2023 XFlow Markets, All rights reserved.
Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.
You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.
XFlow Markets INC is incorporated in Saint Lucia with registration no. 2023/C088 governed by the Companies Act, Cap 13.01 of the revised laws of Saint Lucia.
XFlow Markets does not offer Contracts for Difference to residents of certain jurisdictions including the Belgium, Iran, Canada, North Korea, the USA, Cuba, Syria and FATF Black Listed Countries.
Telephone number: UK: +44 20 38355241 | Dubai: +971 54 339 3959 Working hours: 7:00 AM - 5:00 PM (GMT+0)
XFlow Markets does not offer any fixed returns & guaranteed profits. Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk. Please consider our Risk Disclosure.
XFlow Markets does not guarantee any returns or profits. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.