They act as dynamic support and resistance levels. Short-term moving averages crossover long-term ones to signal changes in the trend direction. Nigerians need credible journalism. Help us report it.
Monero (XMR), the champion of privacy in the crypto world, is at a fascinating crossroads trading around $226.
Currently trading at $646.72, BNB is hovering near the mid-range of the Keltner Channel (KC) bands, which indicate dynamic support and resistance zones. The upper band at $704.59 represents a key ...
However, the current trend remains weak, with immediate support at $3.12 ... at $72.82 adds to the downside pressure, acting as dynamic resistance. If oil manages to break above $73.12, it ...
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SOL price falls 17%, struggling near $200 as bearish momentum dominates. A breakout above resistance could trigger a recovery.
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EMAs are dynamic support and resistance levels that give more weight to recent price action, which makes them especially useful for identifying trend strength. Currently, gold is trading above all ...
Immediate resistance is seen at $4.13, followed by $4.33, while support stands at $3.72 and deeper at $3.55. The 50-day EMA at $3.88 is acting as a dynamic barrier, reinforcing the bearish sentiment.
The chart also highlights the importance of the midline within the channel, which has acted as a dynamic support and resistance level throughout this trend. Gold's bullish rally appears to be ...