Pumping has not stopped there is still significant resistance in front of us on monthly base

30.10.2023

Dear traders,

BTC has managed to hold above the substantial support at 32k on the weekly close, which is a bullish sign. In two days, we will have the monthly close, which could potentially trigger a bullish push.

Jake
TOP Trader

BTC is still consolidating below $35k, preparing for its next significant move. There is still a possibility of a retest at $31,500, a strong support level. If the price manages to hold, it may continue the bullish push.

ETH is currently facing substantial resistance at $1830. To sustain its bullish trend and return to the $1900 range, it needs to break above this level. Caution should be exercised if a significant volume of selling pressure pushes the price lower.

XRP has successfully broken the strong resistance at $0.54 and is now approaching the older resistance at $0.585. To ensure a strong bullish upward push, it needs to maintain levels above $0.54.

LINK aims to break the resistance at $11.5 and make a significant upward push. Sustaining levels above $9.5 is crucial for significant bullish momentum.

SOL has broken the resistance at $33.5 and needs to hold above it daily for a substantial bullish continuation. It’s looking good for a bullish breakout with an aim for $40 as the next target.

EOS has broken the resistance at $0.6 and is now aiming at $0.63 as the next significant resistance before a more substantial push up. It still requires significant buying volume to push strongly upwards.

LTC is currently breaking through the $70 resistance level. Only a push above it, combined with holding that level, could drive the price higher. There’s still a risk if the price doesn’t stay above $70.

DXY is regaining strength for an upward push and needs to hold above 106.2 for a more extensive bullish continuation.

Crypto/stock daily news:

BITCOIN IS DECOUPLING FROM STOCKS

Over the years, Bitcoin’s price has been coupled with stock prices.
“If stocks go up, so does Bitcoin.
If stocks go down, so does Bitcoin.”
It’s a prophecy as old as Bitcoin itself. And for the most part, it holds true.
But there are times when it doesn’t. It’s called a decoupling.
Right now, is one of those times. Check out the returns this month…

Looks like Bitcoin and stocks are decoupling like two people who just saw each other for the first time in Love is Blind.
We’ll see if the trend continues.

THE SOLUTION TO FALLING ETH STAKING YIELDS

Ethereum is facing a major problem: ETH staking yields have fallen off a cliff.
The sad truth is that few people are using the network, and validators are feeling the pain.
But not all staking projects are sharing in that pain. Enter Origin Protocol.
They’ve weathered the storm and have been yielding 50%+ more than others.
And after a recent governance proposal, holders of their native token ($OGV) get a piece of the protocol’s revenue.
Here’s how Origin ETH works:
• Users deposit ETH, stETH, rETH, or frxETH to mint Origin Ether (OETH), or swap for OETH on a DEX
• OETH earns validator rewards from staking as well as additional yield from DeFi
• Staking rewards are issued daily, with no gas fees required
And when it comes to security, they don’t cut corners. They’re audited by the same folks that audit Coinbase and The Ethereum Foundation.
Boost your ETH yield with Origin!

FAST NEWS:

Bitcoin’s supply on exchanges dropped to a new 5-year low. Long-term holders continue to accumulate from weaker hands.
Ethereum developers confirmed that the Dencun upgrade will not happen this year. Three things in life are certain: death, taxes, and delayed Ethereum upgrades.
ZachXBT raised concerns about a phishing email campaign targeting Trezor users. Causing some worries around a potential data breach within the company.
Solana Labs is launching an incubator to attract more developers to its blockchain. Adding to a lengthy list of recent developments coming from the major L1.
Circle is partnering with BitoGroup (a crypto exchange) and FamilyMart to integrate a new “points-to-crypto” service. The initiative will allow FamilyMart customers to convert their loyalty points into tokens, such as USDC.
JPMorgan says its JPM Coin payment system handles $1 billion in daily transactions. The institutions are coming…