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Cryptocurrencies have cleared overbought conditions

Cryptocurrencies have cleared overbought conditions
Market PictureThe total capitalisation of the crypto market fell 8.6% last week to $1.16 trillion, according to CoinMarketCap, returning to consolidation levels in early April.Bitcoin has fallen 8.2% in the last seven days to $27.4K but is consolidating near levels from the second half of March. The market has erased its previous growth momentum and is now testing the strength of the medium-term uptrend in the form of the 50-day moving average (now at $27K). A break below this would call into qu... Read More
Posted: Apr 24 2023, 09:10
Author Name: forexlive
Views: 110674

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