Market holding above will it push price up.

06.10.2023

Dear traders,

BTC price menage to hold above 27.200$ and looking strong for bigger push by end of week.

Jake
TOP Trader

BTC is facing strong resistance at $27,800 and needs to push above it on a daily close for a bigger push up. The question is whether it can manage to sustain support above $27,200 on a daily basis, as doing so could lead to further upward movement in the coming days.

ETH, after experiencing a significant price increase, now needs to maintain a level above $1,630 to sustain its upward momentum. It remains in a precarious position if this support level fails to hold, potentially leading to a larger downward correction.

XRP need to hold above 0.52$ for bigger push up and possible breakout of 0.54$ resistance.

LINK is displaying bullish momentum, but it must hold above $7.5 as a support level for a more substantial upward push. On a daily closing basis, it needs to overcome strong resistance at $7.5, which it is currently facing.

SOL is exhibiting bullish momentum and attempting to break through the formidable $24 resistance level. However, it still lacks the necessary buying pressure to overcome this strong resistance.

EOS is still grappling with a strong resistance level at $0.6 and needs to hold above it to facilitate a larger upward move. Achieving a sustained price increase depends on a significant surge in buying volume.

LTC is currently holding in the mid-range at $65 and is struggling to gather enough buying momentum to break through the $70 resistance line.

DXY is building bullish momentum and targeting the strong resistance level at 108 for a potential larger upward move.

Crypto/stock daily news:

WHAT WOULD YOU DO IN THIS SITUATION?

Let me paint the scene for you…

**enter the narrator’s voice; ideally Morgan Freeman’s**

It’s 7 AM. You just woke up to your alarm blaring.

It’s loud. (like louder than that stupid U.S. Federal Emergency alarm yesterday)

Bad start to the day. But then you remember…

It’s Friday. Payday, baby.

AND you’re expecting an extra $100 refund from your crypto exchange, Crypto.com.

(random, I know… but it’s important for later…)

You grab your phone and sign into your bank account.

Then you see something that makes you stop dead in your tracks…

…you can’t believe your eyes…

Your shock turns into confusion…

You convince yourself you’re hallucinating.

You close your eyes and try to go back to sleep…

But then it hits you…

…the $10 million (that came out of nowhere) is still there…

Crazy situation, right?

Well, it’s also a real-life one…

Crypto.com accidentally sent a customer in Australia millions of dollars.
The customer was supposed to get a $100 refund.Instead of entering “100” into the refund box, a Crypto.com employee entered the account number.
The customer ended up receiving 10.5M Australian dollars instead.

The craziest part? It took Crypto.com 7 months to realize it and ask for the funds back.

I repeat… 7 F*CKING MONTHS.

By that time the customer had already bought four houses (including a $1.4M mansion), a few cars, some artwork, and sent other money to family members.

So, Crypto.com sued the customer for theft.

The customer was arrested at the airport and their partner (who helped spend the money) will appear before court later this month…

This story is crazy. My first thought was “Why can’t I be this lucky?!”…

But by the end of it I was thinking “Holy sh*t, I’m so glad this didn’t happen to me” because honestly, I would have done the same thing. Spent every dime.

You see, there are certain unwritten rules in life:

If you leave something at my house (i.e. a phone charger, etc.) for more than a week – it’s mine.

If you leave leftovers in the fridge for more than 24 hours – it’s open season, anyone can take it.

If you send me $10M by accident and it takes you 7 months to realize – tough luck, that sh*t is mine.

What do you think? What would you do?

What would you do if you woke up with an extra $10M in your bank account?

FAST NEWS:

Yield App is a centralized crypto-earning platform offering up to 11% on certain crypto assets. Users can onramp fiat while benefiting from no swap fees and access to structured product offerings.

CMCC Global is launching a new $100M crypto fund. The billionaire-backed Hong Kong VC will focus on early-stage startups in gaming, metaverse, and NFTs.

Starknet delayed its first token unlock until April 2024. The tokens in the first unlock belong to core contributors, early supporters, and employees of StarkWare.

A statue of Kabuso is being worked on in Japan. Kabuso is the dog feature on the Dogecoin logo. #Legend