Crypto Daybook Americas: Bitcoin Bargain Hunting Faces Crucial Jobs Report Test
Market Stability and Economic Indicators: The crypto market shows signs of stability with Bitcoin nearing $95K, influenced by bargain hunters and upcoming U.S. nonfarm payrolls report, which could impact inflation-adjusted bond yields and Fed rate expectations.
Token Events and Market Movements: Various token events are scheduled, including Binance halting Fantom token transactions and the launch of new tokens; meanwhile, major cryptocurrencies like BTC and ETH have seen slight increases in value amidst mixed market sentiment.
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Technical Analysis for SOLV
Technical Sentiment Analysis for Solv Protocol (SOLV) As of , Solv Protocol (SOLV) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOLV stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOLV is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solv Protocol (SOLV) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.00153 | 0.00177 | 0.0044 | 0.0077 | 0.0103 | 0.0136 | 0.0163 |
| Fibonacci | 0.00177 | 0.00404 | 0.00544 | 0.0077 | 0.00997 | 0.0114 | 0.0136 |
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