Unus Sed Leo News

A few major cryptocurrencies are attracting buyers on dips, which suggests that investor sentiment remains bullish.

Bearish traders are aggressively defending the 50-day SMA on most major cryptocurrencies but once crossed, momentum is likely to pick up.

Many major cryptocurrencies are breaking out of their critical overhead resistance levels and it seems the uptrend is likely to continue for the next few days.

Bitcoin price continues to push higher but major cryptocurrencies should sustain above their 20-day EMA to confirm that the downtrend might be over.

After a strong bounce from key support levels, many cryptocurrencies are now struggling to break above the 20-day EMA.

Most cryptocurrencies have bounced off their immediate support levels, a positive as this shows demand at lower levels.

Most cryptocurrencies have turned down from their overhead resistance levels suggesting a minor correction or period of consolidation will occur in the next few days.

Many cryptocurrencies are showing signs of buying but traders are cautious as they are yet to break above their critical resistance levels.

Bitcoin price remains range bound and several major cryptocurrencies are attempting to break above the overhead resistance levels.

Current price action from top cryptocurrencies suggests that the path of least resistance is to the upside, indicating the market could be in the early stages of a new uptrend.

As equities markets continue to fall, major cryptocurrencies are likely to remain range-bound for the next few days.

The crypto markets are showing some buying at lower levels, which is a positive sign as it shows that investors are accumulating on dips.

Most top performers of the past week have bounced sharply from their lows, which is a positive sign as it indicates buying at lower levels.

The crypto markets are attempting a relief rally but are struggling to sustain the higher levels. This shows that selling is not over yet.

Bitcoin and cryptocurrency markets are witnessing profit booking at higher levels and buying on sharp falls, pointing to consolidation over the next few days.