$FLOKI was arguably one of the coins most positively affected by the CPI data; it made an upward move in recent days but has started to fade again. Every rise is an opportunity to short at a better price, and I expect a drop to the 1603 level.
$USTC has solidified its position above the 461 level on the turquoise line and tested 565 upwards. A break above 565 would remove it from negativity and could open the way for a rise to 625. First, it needs to close above 565 at the end of the day.
For-Exx Kripto
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$USTC appears to be consolidating its position above the 461 level on the turquoise line, continuing sideways. If it moves upwards, it could test the 565 level.
$LUNC managed to reach the 3521 level after breaking the downtrend line; if it stays between 3935 and 3521, it may return to a sideways trend. Overall, the altcoin group looks more positive than the major coins after the inflation data release.
For-Exx Kripto
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The downward trend line (turquoise) that was dangling at the top of $LUNC finally managed to break through. Normally, it should have guaranteed a break above 3521, but the outlook hasn't been very good for the last 10-15 days...
The downward trend line (turquoise) that was dangling at the top of $LUNC finally managed to break through. Normally, it should have guaranteed a break above 3521, but the outlook hasn't been very good for the last 10-15 days...
$USTC appears to be consolidating its position above the 461 level on the turquoise line, continuing sideways. If it moves upwards, it could test the 565 level.
$LUNC has been under downward trend pressure for a long time; look at the turquoise line, it has been constantly facing selling pressure whenever it makes an upward move. If bitcoin rises with the support of the CPI, then there may be hope for an upward breakout this time.
$BTC is currently trading sideways between the 61.8% Fibonacci resistance at 71329 and the support at 66764. Tomorrow's Non-Farm Payrolls and Friday's US CPI data could be key indicators of the direction.