Tag: price point which

What Is A Support Level In Crypto

A support level is a term used in financial markets to describe a specific price point or range at which demand is thought to be strong enough to prevent the price of an asset from declining further. In the world of cryptocurrency, support levels can be used to indicate where buyers are likely to enter […]

What Is Resistance Level In Crypto

What is resistance level in crypto? A resistance level is a price point at which a particular cryptocurrency encounters significant selling pressure. Sellers become more eager to unload their coins at this price point, pushing the price down. The technical analysis term is used to describe the point at which a particular trend line is […]