TODAY’S MARKET ANALYSIS – 25/06/2023
Hello friends
Assalamu alaikum
Hope everyone is doing well.
Yesterday we saw some dump in crypto market due to Russia crisis. As situation in Russia has come back to normal market is also acting in that way. But traders are very cautious in opening new positions in this volatile market and few determining factors. They are market is experiencing extreme sell pressure due to fear, four-hour time frame was showing negative divergence, indicators like RSI were also down in mentioned time frame. So, we are very likely to see a big correction. I suggest my fellow traders to trade with extra caution. And please do not FOMO to be rich in a day. Because it is impossible. Even if it happens due to sudden pump it will obviously dump in no time. Keep your eyes open and cautious to not to miss any moon ride. I have some coins in my pick for upcoming months for mid term like $AZERO, $SAITO, $VELA, $TRIAS, $KAS etc. These are my picks for massive gain in mid term but please do your research before buying them.
As for todays market we can see that $COMP, $AAVE, $SNX is showing some strength and placed themselves in the binance top gainers list.
Todays hot cryptos are also moving slowly. Btc is at 30,733$ at 0.47% change in 24-hour, Eth is at 1916$ at 1.69% upward change, Bnb is at 241$, Sol at 17.28$, matic at 0.6778$, Shib at 0.00000801$, Bch at 202$, Waves at 2.308$ pepe at 0.00000161$. Among these Bch is up 11% and Waves is up 12.3% in 24 hr.
Hopefully tomorrow we will see a green day my dear friend. Best of luck.
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