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4 02, 2025

Ripple Price Prediction: $500 Billion Market Cap by Famous Investor Peter Brandt, While PlutoChain Gains Traction

By |2025-02-04T02:19:44+02:00February 4, 2025|Crypto News, News|0 Comments

Ripple (XRP) is once again at the center of crypto discussions, with Peter Brandt’s striking $500 billion market cap forecast driving renewed interest – something we’ll explore in detail below. 

Meanwhile, new projects like PlutoChain ($PLUTO) could be ready to make a mark in the industry, by tackling Bitcoin’s biggest challenge—scalability. Its Layer-2 network not only reduces congestion but also could slash fees and deliver near-instant transactions.

Let’s get into the details.

Ripple Price Prediction: Can XRP Surge with Peter Brandt’s Bold $500 Billion Prediction

XRP is trading at approximately $2.20 after a major pull back across the crypto sector following a significant Bitcoin slide. The Relative Strength Index (RSI) is at 29, suggesting that the token is in oversold territory.

Veteran trader Peter Brandt recently pointed to a bullish flag pattern in XRP’s price chart, predicting that if the pattern completes within six weeks, XRP’s market capitalization could climb to $500 billion.

This bold projection would mark a massive leap from its current valuation of approximately $135.3 billion, potentially pushing the token’s price to around $8.70.

How PlutoChain ($PLUTO) Could Shape Bitcoin’s Future with Speed and a Developer-Friendly Approach

PlutoChain ($PLUTO) might be on track to challenge how we think about Bitcoin by tackling some of its most significant challenges—slow transaction speeds, high fees, and network congestion.

By implementing a hybrid Layer-2 solution, PlutoChain may introduce a parallel network that could work alongside Bitcoin’s blockchain, enhancing scalability and reducing costs while improving transaction throughput.

Ripple Price Prediction: 0 Billion Market Cap by Famous Investor Peter Brandt, While PlutoChain Gains Traction

Bitcoin’s 10-minute block time has long been a limiting factor, especially when compared to the faster speeds of networks like Solana or Ethereum. PlutoChain offers a much faster 2-second block time on its Layer-2 chain, which opens up new possibilities for Bitcoin, such as smart contracts, DeFi, and NFTs.

The platform is also Ethereum Virtual Machine (EVM)-compatible, making it easier for developers to port over their Ethereum projects to PlutoChain.

What’s more, PlutoChain’s testnet is already processing over 43,000 transactions daily without significant issues, demonstrating that it can handle substantial real-world traffic.

What Makes PlutoChain Stand Out?

On the security front, the network undergoes regular audits by trusted firms like SolidProof, QuillAudits, and Assure DeFi, along with ongoing stress testing to ensure it remains secure and reliable.

A key strength of PlutoChain is its focus on developers. This developer-friendly environment could unlock Bitcoin’s true potential, enabling the creation of solutions that were once deemed too complicated or impossible.

PlutoChain banner

The Bottom Line

While XRP garners attention with its potential, PlutoChain ($PLUTO) could stand out by offering practical solutions to Bitcoin’s biggest hurdles.

Its Layer-2 network could revolutionize scalability, enabling faster, cheaper transactions while reducing congestion. PlutoChain’s EVM compatibility could also bridge Bitcoin to the booming DeFi and NFT sectors.

This article does not offer financial advice. Cryptocurrencies can be unpredictable and carry risks. It is important to conduct thorough research before acquiring any crypto asset. Forward-looking statements carry risks and are not guaranteed to be updated.

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.

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4 02, 2025

Natural Gas Price Forecast: Rebounds Sharply, Targets Higher Resistance Levels

By |2025-02-04T01:21:05+02:00February 4, 2025|Forex News, News|0 Comments


Sharp Rebound from Lows

Given the sharp bullish reversal seen today, higher targets seem likely before the advance is complete. This doesn’t mean natural gas goes straight up but it does indicate a possible bottom has been established at last Friday’s low of 2.99, at least for now. That low was in an area of confluence from several indicators all pointing to possible support around the 61.8% Fibonacci retracement at 3.03.

Above 3.41 Trigger Bullish Continuation

A breakout above today’s high of 3.41 triggers a continuation of the bounce. The next upside target is marked by two indicators from 3.51 to 3.52, consisting of the 38.2% Fibonacci retracement and the 50-Day MA, respectively. If upward momentum can be sustained there is a chance for a test of a higher potential resistance zone starting from the October 2023 peak at 3.64.

A potential resistance zone goes up to the 20-Day MA, currently at 3.71. Notice that a breakdown of the rising trend triggered a breakdown below the 20-Day MA and trendline on the same day, January 27. The current advance has the potential to eventually test resistance around the 20-Day line.

Bottom Likely Establish for Now

If natural gas decides to pullback and further test recent lows as support, the expectation is that it would hold as support, at least till there is a higher bounce. This is due to the combination of a clear support zone, as well as the rising trendline that is also around the lows. The expectation would be for further tests of recent lows to find support above the 2.99 price level.

Last week’s high was 3.83 and it established a high for a relatively wide range week. Since natural gas is stuck within the range, there is a chance to approach and test the area zone as resistance in reaction to last week’s very bearish price action.

For a look at all of today’s economic events, check out our economic calendar.



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4 02, 2025

ADM study: New supplement improves cat digestive health

By |2025-02-04T00:20:01+02:00February 4, 2025|Dietary Supplements News, News|0 Comments


ADM has published a study in the journal Animals demonstrating that adding a supplement containing postbiotic Bifidobacterium longum CECT 7347 (PRIOME Gut Health) and Fibersol-2 (Pet Fibersol) to cat diets significantly improves intestinal health.     

Postbiotic Bifidobacterium longum CECT 7347 (PRIOME Gut Health) has been shown to enhance gut microbiota balance and strengthen the intestinal barrier, thereby improving gastrointestinal health during dietary changes. Fibersol-2 (Pet Fibersol) further supports digestive health by increasing beneficial bacteria levels while offering additional benefits such as a low glycemic index, reduced body fat and improved adaptation to high-protein diets with better odor control. Together, these ingredients work synergistically to improve intestinal health and overall well-being in cats.

“We understand the vital role gut health plays in pets’ overall well-being, particularly during dietary changes,” said Mark Lotsch, president of Global Health & Wellness at ADM. “Insights from this study will open new doors for creating innovative pet food solutions that enhance digestive health and nutritional balance.”

The research

In a 28-day clinical trial conducted at the Pet Nutrition Research Center in Beijing, 24 cats were divided into two groups each consisting of 12 cats (6 males and 6 females in each group). From day 1 to day 14, both groups of cats were fed lower protein diet (33%) (LPF). The treated group received a supplement of 0.16% functional additives, including Bifidobacterium longum CECT 7347 and Fibersol-2, while the control group did not receive this supplement. From day 15 to day 28, both groups switched to higher-protein diet (40%) (HPF) and the treated group continued to receive the same supplement. 

Cats that received the supplement showed significant improvements in serum lipopolysaccharide (LPS), a marker of intestinal permeability, both before and after the diet change. Following the diet change, supplemented cats also had increased secretary immunoglobulin A (sIgA) compared to the control group, indicating enhanced immune function, and beneficial changes in the microbiome, including increased abundance of Blautia and increased microbial beta diversity.

Additionally, while both groups showed an increase in fecal pH, the treated group had a notably lower pH compared to the control group. This difference may be explained by the higher levels of Blautia, a beneficial bacterium that produces organic acids like lactic acid, helping to regulate intestinal pH levels. 

According to Petfood Industry’s Company Overview, ADM has specialized in formulating and manufacturing custom premixes and ingredient blends for more than 40 years. The company said it offers the most comprehensive range of products and value-added services in the pet food industry, leveraging the resources and unmatched expertise of one of the world’s largest agricultural processors and food ingredient solutions providers.

Adapted from a press release.



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4 02, 2025

Solana Price Prediction: Can SOL Sustain Its Current Price As Plutochain Gains Whale Attention?

By |2025-02-04T00:18:48+02:00February 4, 2025|Crypto News, News|0 Comments

Solana (SOL) is currently trading at $241.55, recording a 27.06% growth over the past 30 days. As bullish momentum grows, investors question whether SOL can keep its current surge or if a market correction is approaching.

As Solana tries to sustain its price, PlutoChain ($PLUTO) could gain attention because it potentially improving Bitcoin’s features. It offers a hybrid Layer-2 blockchain that might make Bitcoin faster, more scalable, and lower transaction costs.

Let’s see the details!

Solana (SOL) Stays Solid Drawing in High Interest

Solana (SOL) is looking pretty solid, trading at $241.55 with a 27.06% jump over the past 30 days. Momentum is strong, but the question is whether it can keep climbing or if a drop is waiting around the corner.

Lately, SOL has been topping trading charts, drawing great interest. Huge transactions and rising total value locked (TVL) show growing confidence in its network – plus the launch of high-profile tokens has only added to the demand, placing Solana’s position as one of the top-performing blockchains right now.

At the same time, Charts show key levels that could slow its rise. Solana recently broke through crucial support, which is a good sign, but holding above these levels is a must. If selling pressure picks up, it could drop to lower support levels.

For SOL to stay strong, it needs continued demand, favorable market conditions, and continued dominance in DeFi, meme coins, and NFTs. The next few weeks will be important – either Solana keeps pushing higher or enters a phase of consolidation.

PlutoChain’s Hybrid Layer-2 Could Boost Bitcoin’s Potential With Smart Contract Integration

PlutoChain ($PLUTO) could expand Bitcoin with its hybrid Layer-2 solution. This project might be a connection to Bitcoin’s security and Ethereum’s flexibility, possibly opening the door for decentralized apps (dApps), smart contracts, and DeFi.

With an average 2-second block time – much faster than Bitcoin’s 10-minute block time, PlutoChain could make Bitcoin more competitive with speed-focused blockchains like Solana and Cardano.

One of its biggest advantages is Ethereum Virtual Machine (EVM) compatibility which could allow developers to bring Ethereum-based apps to Bitcoin. This could turn Bitcoin from just a store of value into a hub for AI, NFTs, and the Metaverse.

PlutoChain also puts choice in the hands of its community, letting users help shape the network’s future. It’s already processing over 43,200 testnet transactions daily and has passed security audits from SolidProof, QuillAudits, and Assure DeFi, proving its reliability.

The Bitcoin DeFi sector is still small compared to Ethereum, but PlutoChain could change that by offering a secure and cheaper alternative. By giving Bitcoin the tools to compete with Solana and Ethereum—without depending on them—PlutoChain is trying to create a thriving, self-sustaining network.

Final Take

Solana (SOL) is looking pretty solid, trading at $242.55 with a 27.06% jump over the past 30 days. For SOL to stay strong, it needs continued demand, favorable market conditions, and continued dominance in DeFi, meme coins, and NFTs. The next few weeks will be crucial.

The focus may go to PlutoChain, a hybrid Layer-2 solution that could unlock Bitcoin’s potential. By supporting smart contracts, dApps, and DeFi, PlutoChain is trying to combine Bitcoin’s security with Ethereum’s flexibility.

————–

The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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3 02, 2025

‘We Are Not Selling’: Trump-Linked DeFi Project Addresses $250M in Ethereum Token Moves

By |2025-02-03T23:39:47+02:00February 3, 2025|News, NFT News|0 Comments


The Donald Trump-linked DeFi protocol World Liberty Financial transferred more than $250 million in Ethereum, Wrapped Bitcoin and other Ethereum-based assets from its multi-sig wallet on Monday—though the venture claims that it’s not selling the assets amid volatile market movements.

“We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working capital requirements,” the protocol posted on X (formerly known as Twitter). “To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes.” 

The protocol’s treasury, which held more than $400 million in assets on February 2 based on Arkham Intelligence’s portfolio archive tool, now holds less than $90 million in total assets.

The largest outflows came from Ethereum and Wrapped Bitcoin—or WBTC, a 1:1 backed Bitcoin alternative that trades on Ethereum—of which nearly $168 million and $64 million were transferred respectively on Monday afternoon.

While most assets were transferred to unlabeled addresses, the bulk of the Ethereum outflows was transferred to a wallet labeled by Arkham as Coinbase Prime—the American cryptocurrency exchange’s full-service brokerage for institutional grade investors, which led to speculation that the platform may be selling.

This marks the second time that the platform has shared a message to its followers reassuring them that it is not selling tokens, most recently having done so on January 14. 

A week after that announcement, the project excited the crypto community when it purchased more than $100 million worth of crypto assets, highlighted by $47 million in Ethereum and Wrapped Bitcoin respectively, as a way of commemorating Trump’s inauguration as the 47th President of the United States.

In addition to transfers of Ethereum and Wrapped Bitcoin, World Liberty Financial also moved smaller chunks of Aave (AAVE), Ethena (ENA), Movement (MOVE), Chainlink (LINK), and Ondo (ONDO). 

The platform, which is still conducting an extended token sale, still has more than 1 billion WLFI tokens available for $0.05 each. World Liberty Financial is said to be inspired by President Trump, who serves as the project’s Chief Crypto Advocate alongside his sons, Donald Jr., Eric, and Barron, who are listed as “Web3 Ambassadors” to the project.

Edited by Andrew Hayward

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3 02, 2025

XAG/USD retreats below $31.00 as US Dollar climbs on Trump tariffs

By |2025-02-03T23:19:57+02:00February 3, 2025|Forex News, News|0 Comments


  • Silver price loses ground to around $30.90 in Monday’s early European session, losing 1.30% on the day.
  • The positive view of silver prevails above the 100-period EMA with a neutral RSI indicator.
  • The initial support level is located at $30.60; the immediate resistance level is seen at $31.72.

The Silver price (XAG/USD) tumbles to near $30.90 during the early European trading hours on Monday. The mounting fears of a global trade war following US President Donald Trump’s sweeping tariff measures boost the US Dollar (USD) broadly and exerts some selling pressure on the white metal.

According to the 4-hour chart, the bullish outlook of the white metal remains intact, with the price holding above the key 100-period Exponential Moving Averages (EMA). Nonetheless, the Relative Strength Index (RSI) hovers around the midline, suggesting that further consolidation cannot be ruled out.

The first downside target is located at $30.60, the 100-period EMA. Further south, the next contention level to watch is $30.40, the lower limit of the Bollinger Band. Extended losses will pave the way to the $30.00, psychological level, en route to $29.50, the low of January 13.

In the bullish case, the immediate resistance level emerges at $31.72, the high of January 31. The next hurdle is seen at the $31.90-$32.00 region, representing the upper limit of the Bollinger Band and the round mark.

Silver price 4-hour chart

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

 



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3 02, 2025

Sabinsa announces it has acquired Ayurvedic brand Nature’s Formulary

By |2025-02-03T22:19:14+02:00February 3, 2025|Dietary Supplements News, News|0 Comments


Shaheen Majeed, Global CEO & Managing Director, Sami-Sabinsa Group and PK PK Davé, founder and president of Nature’s Formulary | Image courtesy of Sabinsa

In a February 3, 2025, press release, international health science company Sabinsa announced it had acquired the brand Nature’s Formulary, an Ayurvedic products company. Additionally, PK Davé, the founder and president of Nature’s Formulary, has been named the CEO of Sabinsa’s Consumer Goods Division, which will focus on wellness products including the brands America’s Finest, Inc (AFI) and Sanutra, along with Nature’s Formulary.

Founded in 1988, Sabinsa manufactures and supplies nutraceutical and cosmeceutical ingredients, probiotics, minerals, enzymes, and specialty and fine chemicals, marketing over 120 standardized botanical extracts. Nature’s Formulary is noted in the press release as one of the most experienced Ayurvedic companies in the US, having been founded 30 years ago.

“We are thrilled to welcome Nature’s Formulary into the Sabinsa family,” stated Shaheen Majeed, MBA, D.Litt, Global CEO & Managing Director, Sami-Sabinsa Group, in the press release. “This acquisition represents a significant milestone in our long-term strategy to further strengthen Sabinsa’s leadership in the natural products industry. By integrating Nature’s Formulary’s expertise in Ayurvedic formulations with Sabinsa’s advanced research and development capabilities, we are uniquely positioned to drive innovation and continue to deliver high-quality, transformative wellness solutions to our global customer base for years to come.”

Shaheen Majeed was recently recognized by Nutritional Outlook‘s 2024 Best of the Industry Awards in the Industry Leader category.

Nature’s Formulary integrates the principles of Ayurveda into its products, which are vegan, gluten-free, made from non-GMO ingredients, and manufactured in FDA-inspected facilities in the US. The website offers additional educational resources for achieving long-term health, such as personalized lifestyle recommendations.

“This acquisition is a direct reflection of the dedication and hard work of the entire Nature’s Formulary team,” added P K Davé. “Partnering with Sabinsa presents an incredible opportunity to leverage their global presence and robust infrastructure, while significantly expanding Nature’s Formulary’s impact in the dietary supplement industry. We are confident that our combined strengths will accelerate our mission to promote holistic health and wellness through Ayurvedic products. Together, we will unlock new opportunities and create lasting value for our loyal customers and partners worldwide. We can leverage the presence of Nature’s Formulary in health food stores to tell the Sabinsa story, bringing our products to an even wider audience and deepening the impact of our combined vision for natural health solutions.”

In January 2025, Sabinsa had also shared two more leadership team announcements: Asha Ramesh was promoted to CEO Americas, and Jan Obirek advanced to VP of Sales for US and Canada.



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3 02, 2025

BTC, ETH and XRP Price Prediction for February 3

By |2025-02-03T22:17:54+02:00February 3, 2025|Crypto News, News|0 Comments

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The market has started with the dump of most of the coins, according to CoinMarketCap.

Article image
Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has fallen by 4.21% over the last 24 hours.

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Image by TradingView

On the daily chart, one should pay attention the daily bar’s closure. 

Related

DOGE Price Prediction for February 2

If it happens around current prices, sideways trading in the area of $92,000-$96,000 is the more likely scenario by the end of the week.

Bitcoin is trading at $95,234 at press time.

ETH/USD

Ethereum (ETH) is one of the biggest losers today, falling by 17.32%.

Article image
Image by TradingView

From the technical point of view, the rate of ETH has made a false breakout of the two levels. As most of the ATR has been passed, sideways trading around the current prices is the more likely scenario over the next few days.

Ethereum is trading at $2,630 at press time.

XRP/USD

XRP is not an exception to the rule, going down by 17.84%.

Article image
Image by TradingView

On the daily chart, one should focus on the bar’s closure in terms of the $1.9669 level. If it happens far from it, one can witness a local bounce back to the $2.50 area.

XRP is trading at $2.4213 at press time.

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3 02, 2025

XRP News Today: Can DeFi Growth and CME Futures Launch Push Ripple to $10?

By |2025-02-03T21:38:53+02:00February 3, 2025|News, NFT News|0 Comments


Ripple’s XRP remains a focal point in crypto discussions, with DeFi expansion and the Chicago Mercantile Exchange (CME) considering XRP futures as potential catalysts.

At the same time, PlutoChain ($PLUTO) could be a solution to Bitcoin’s scalability challenges. Its Layer-2 network may reduce congestion, lower fees, and near-instant transactions.

With Ethereum Virtual Machine (EVM) compatibility, PlutoChain could serve as a bridge connecting Bitcoin to DeFi, NFTs, and AI-driven innovation.

Let’s take a closer look at these projects.

XRP News: Can DeFi Growth and CME Futures Propel XRP to $10?

XRP is trading at $3.05, experiencing a slight decline from the previous close. From a technical perspective, XRP has found strong support between the 100-day and 200-day moving averages.

The Chicago Mercantile Exchange (CME) might launch XRP futures, which could transform the token’s market. This move could attract institutional investors, boost liquidity, and stabilize prices.

And with pro-crypto Paul Atkins to lead the SEC, XRP could see a new ATH soon, especially if there’s more positive news around the trial in the next few weeks.

PlutoChain ($PLUTO) Set to Revolutionize Bitcoin with Speedy Transactions and a Dev-Centric Platform

PlutoChain ($PLUTO) might completely change the way Bitcoin functions by addressing its key issues—slow transactions, high fees, and network congestion.

With its hybrid Layer-2 solution, PlutoChain may offer a parallel network that could seamlessly integrate with Bitcoin’s blockchain, improving scalability and reducing costs while handling more transactions.

Bitcoin’s block time of 10 minutes has always been a bottleneck, especially when compared to faster networks like Solana or Ethereum. PlutoChain steps up with a much quicker 2-second block time on its Layer-2 chain, potentially bringing new possibilities for Bitcoin, like smart contracts, decentralized finance (DeFi), and NFTs.

What’s even better is that it’s compatible with Ethereum’s Virtual Machine (EVM), meaning developers could easily bring their Ethereum projects onto PlutoChain.

The testnet already processes more than 43,000 transactions daily without any major issues, proving that it can handle real-world traffic.

As for security, the network is constantly audited by reputable firms like SolidProof, QuillAudits, and Assure DeFi, and it undergoes regular stress tests to ensure it remains safe and trustworthy.

The Bottom Line

While XRP’s potential for growth through DeFi and CME futures is promising, PlutoChain ($PLUTO) could be a major upgrade in addressing Bitcoin’s scalability challenges.

Its Layer-2 network, offering 2-second block times, and EVM compatibility could revolutionize how Bitcoin interacts with decentralized finance, NFTs, and AI.

– – –

The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.



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3 02, 2025

Ethereum price (ETHUSD) forecast update

By |2025-02-03T21:19:01+02:00February 3, 2025|Forex News, News|0 Comments


Bitcoin price (BTCUSD) shows additional positive trades to attempt to surpass 95195.00$ level, and as we mentioned this morning, this level represents important key to detect the next trend, as breaching it will push the price to attempt to regain the bullish track and achieve positive targets that reach 100000.00$, while consolidating below it will put the price under additional negative pressure that its next target reaches 87055.00$.

 

Therefore, we will continue with our neutrality until the price confirms its situation according to the above mentioned level followed by getting clearer signal for the next trend.

 

The expected trading range for today is between 90000.00$ support and 98500.00$ resistance.

 

Trend forecast: Neutral





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