Newsletter by Tokenize Xchange (Vol.219 | Dec 2022)
What’s up? Welcome to Tokenize Weekly Roundup
Every Wednesday, Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
🚀 Crypto Leaderboard
Bitcoin price remained strong above the $16,800 support zone. BTC formed a base and started a fresh increase above the $17,000 resistance zone and the 100 hourly simple moving average.
The price gained bullish momentum after the US CPI release (+7.1%) and rallied above the $17,500 resistance zone. There was a break above a key contracting triangle with resistance near $17,240 on the hourly chart of the BTC/USD pair.
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📻 More news that caught our eye
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All content produced by Tokenize Xchange is intended solely for educational purposes. This should not be taken as financial or investment advice. Individuals are advised to perform due diligence before purchasing any crypto as they are subject to high volatility.