China News Daily Official TheBitTimes.com

The TEMA price has plummeted 16% in the last 24 hours to trade at $0.05343 on 7% jump in trading volume to $90 million. TEMA Price Spikes Along The Parabolic Curve The TEMA/USD chart on the 4-hour timeframe shows a strong parabolic uptrend, with the current price at $0.05344, reflecting a 1.79% increase. Key support levels are visible, with Support Level 1 at $0.0134, representing the initial consolidation zone that fueled the rally, and Support Level 2 at $0.0349, aligning closely with the 50-period moving average. The price has been following a parabolic curve, suggesting strong bullish momentum, though such patterns often lead to sharp corrections once momentum weakens. TEMAUSD Analysis Source: Dextools.io The moving averages further emphasize the uptrend, with the 50-period MA at $0.03497 and the 200-period MA at $0.01342. The price trading significantly above both moving averages confirms the strength of the bullish trend. However, a breakdown below the 50-period MA could si...

The Bitcoin price has climbed 1.2% in the last 24 hours to trade at $96,842 as of 9:05 p.m. EST on a 21% jump in trading volume to $74 billion. Bitcoin Price Continues The Uptrend Along The Parabolic Curve Bitcoin price action on the daily chart shows a strong bullish momentum, highlighted by a parabolic curve that began in late October. This curve reflects rapid price acceleration, a hallmark of intense buying activity during bull runs. Currently, Bitcoin is trading at $96,410, with an intraday high of $97,351. The next significant resistance lies at the $100,000 psychological level, a critical area that could trigger profit-taking or a temporary reversal if buyers fail to maintain momentum. BTCUSD Analysis Source: Tradingview A golden cross is present on the chart, with the 50-day moving average ($78,924) crossing above the 200-day moving average ($66,876) in late October. This is a historically bullish signal, indicating the potential for further upside. The steep upward...