Daily Market Review: October 18
๐#BTC(4-hour chart): Bitcoin is holding above the upper boundary of the descending channel, heading towards the resistance level of $28,600. Bulls support the asset, buying Bitcoin when it falls to $28,000 - $28,100. The Balance Volume line seeks to consolidate above the trend resistance, which may signal continued growth.
๐ #ETH: Ethereum tested the $1,550 support level, making a technical rebound. For further growth, it is important to fix the price above $1,600.
๐ BNB Greenfield: The BNB Chain team has launched the BNB Greenfield mainnet for decentralized data storage. The solution has high throughput and built-in access control, providing secure and decentralized data storage. With increasing interest in decentralized storage, solutions like BNB Greenfield may become popular.
๐ Altos:#PAALgrew by 55% after joining the Nvidia startup support program.#OAXrose 30% thanks to an update to its portfolio tracking app. #META's partnership with Thepol increased #META's value by 20%.
๐ Stock market: Dow Jones rose 0.04%, S&P 500 fell 0.01%.
๐#BTC(4-hour chart): Bitcoin is holding above the upper boundary of the descending channel, heading towards the resistance level of $28,600. Bulls support the asset, buying Bitcoin when it falls to $28,000 - $28,100. The Balance Volume line seeks to consolidate above the trend resistance, which may signal continued growth.
๐ #ETH: Ethereum tested the $1,550 support level, making a technical rebound. For further growth, it is important to fix the price above $1,600.
๐ BNB Greenfield: The BNB Chain team has launched the BNB Greenfield mainnet for decentralized data storage. The solution has high throughput and built-in access control, providing secure and decentralized data storage. With increasing interest in decentralized storage, solutions like BNB Greenfield may become popular.
๐ Altos:#PAALgrew by 55% after joining the Nvidia startup support program.#OAXrose 30% thanks to an update to its portfolio tracking app. #META's partnership with Thepol increased #META's value by 20%.
๐ Stock market: Dow Jones rose 0.04%, S&P 500 fell 0.01%.