#JPMorganSaysBTCOverGold
Here’s a quick summary of the PAXG/USDT movement analysis until next Friday (on a weekly basis):
General Trend
- The current price is around 5,014 USDT, which is close to the short-term resistance at 5,026 USDT.
- Technical indicators (MACD and RSI) show an upward trend, but the RSI is relatively high → a short-term downward correction is possible before continuing the rise.
Important Levels This Week
- Strong support: 4,950 – 4,900 USDT
- First resistance: 5,100 – 5,150 USDT
- Second resistance (weekly): 5,250 – 5,300 USDT
Expectation Until Friday
- If the price remains above 5,000 USDT, we are likely to see a test of the 5,100 – 5,150 USDT level.
- If it breaks 4,950 USDT, it may drop towards 4,900 USDT before any rebound.
- Expected movement: Limited upward volatility with a slight correction possibility mid-week.
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In summary: The week until Friday tends to stabilize with a chance of rising towards 5,100 – 5,150 USDT, provided that the price does not break 4,950 USDT.
Here’s a quick summary of the PAXG/USDT movement analysis until next Friday (on a weekly basis):
General Trend
- The current price is around 5,014 USDT, which is close to the short-term resistance at 5,026 USDT.
- Technical indicators (MACD and RSI) show an upward trend, but the RSI is relatively high → a short-term downward correction is possible before continuing the rise.
Important Levels This Week
- Strong support: 4,950 – 4,900 USDT
- First resistance: 5,100 – 5,150 USDT
- Second resistance (weekly): 5,250 – 5,300 USDT
Expectation Until Friday
- If the price remains above 5,000 USDT, we are likely to see a test of the 5,100 – 5,150 USDT level.
- If it breaks 4,950 USDT, it may drop towards 4,900 USDT before any rebound.
- Expected movement: Limited upward volatility with a slight correction possibility mid-week.
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In summary: The week until Friday tends to stabilize with a chance of rising towards 5,100 – 5,150 USDT, provided that the price does not break 4,950 USDT.