The daily candle remains for a little time and the BTC remains $ 117,000 for the time being. The interview between Putin and Trump still has not ended, the first explanations may come in a few hours. Martinez XLM Coin He noticed one of the uncomfortable technical installations and gave the target.
XLM Coin Estimation
When the article was prepared XLM Coin Price It is close to $ 0.42 and for now BTC He stopped sales because he was strong. In the last few hours, we have seen many important developments, but none of this has attracted the general market feeling.
The importance of the Fed minutes next week and the importance of the Jackson Hole symposium increased after the last PPI data. It will not be surprising that the risk appetite remains weak in the short term, as these two, and especially the latter will worry about volatility. Jackson Hole is one of the most important events of the year and the latest PPI data are much more important as they have started to reflect the tariff effects.
XLM CoinReturning to Martinez thinks that the price of altcoin may drop to $ 0.378 in case of confirmation of this flag. The cautiousness of the news flow does not seem to talk about something impossible when we say the volume of the weekend.
Crypto coins may fall next week
Above we have briefly mentioned why the news flow pushed investors to be cautious. Technical analysis It helps to identify the results of this psychology in the graph and usually help you more when you can predict the direction. Under normal circumstances, the direction of news flow should be horizontal and down in the coming days. Of course Trump And the surprise that will come out of the Putin meeting can change jobs.
Michael Poppe marked the above graph and said, “You will have the opportunity to purchase at better prices next week.” As a matter of fact, this is more comfortable to talk about the decline.
Lark Davis is in the range of 108 thousand to $ 112 thousand BTCwaiting for a new test.
“This level also coincides with the following:
– 0.5 and 0.618 fibonacci
– Rising weekly EMA 20 ” – Lark Davis
In other words, it is important to be risky in the coming days, already being aware of it. This much macroeconomic If there was no pressure from risks, we could talk about the possibility that crypto currencies would have a big fake for bears. Again, we can talk about because we have experienced and experienced many times that it was not impossible in crypto currencies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
