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BTC Has Strongest Quarter In 2 Years, Crypto Daily TV 30/3/2023

BTC Has Strongest Quarter In 2 Years, Crypto Daily TV 30/3/2023

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In Todays Headline TV CryptoDaily News:

XRP surges.

XRP, the cryptocurrency issued by Ripple, is surging on rumors surrounding outcome of its long-running legal fight with the SEC. The crypto was up as much as 10%.

Crypto Exchange Kraken and Formula One’s Williams racing team up.

Crypto exchange Kraken signed a multi-year global pact with Formula One team Williams Racing, marking the trading platform’s first major sponsorship deal even as sports tie-ups with digital-asset firms become increasingly unpopular.

Bitcoin storms toward its strongest quarter in 2 years.

Bitcoin has stormed to a 72% gain over the last three months and is on track for its strongest quarter in two years. The token has outperformed both the Nasdaq 100 and gold, which are up 15% and 9%, respectively, in the same stretch. 

BTC/USD skyrocketed 4.0% in the last session.

The Bitcoin-Dollar pair exploded 4.0% in the last session. The Ultimate Oscillator is giving a positive signal, which matches our overall technical analysis. Support is at 262631 and resistance at 280131.

The Ultimate Oscillator is currently in positive territory.

ETH/USD skyrocketed 1.5% in the last session.

The Ethereum-Dollar pair skyrocketed 1.5% in the last session. The Stochastic-RSI is giving a positive signal, which matches our overall technical analysis. Support is at 1666.6333 and resistance at 1845.2733.

The Stochastic-RSI is currently in positive territory.

XRP/USD skyrocketed 6.3% in the last session.

The Ripple-Dollar pair gained 6.3% in the last session after rising as much as 13.2% during the session. The Stochastic indicator's positive signal is in line with the overall technical analysis. Support is at 0.4388 and resistance at 0.571.

The Stochastic indicator is currently in the positive zone.

LTC/USD exploded 3.1% in the last session.

The Litecoin-Dollar pair skyrocketed 3.1% in the last session. The RSI is giving a positive signal. Support is at 84.2067 and resistance at 91.9867.

The RSI is currently in positive territory.

Daily Economic Calendar:

US Gross Domestic Product Annualized

The Gross Domestic Product Annualized shows the annualized monetary value of all the goods, services and structures produced within a country. The US Gross Domestic Product Annualized will be released at 12:30 GMT, the US Gross Domestic Product Price Index at 12:30 GMT, the Eurozone's Business Climate at 09:00 GMT.

US Gross Domestic Product Price Index

The GDP Price Index gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure.

EMU Business Climate

The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy. 

ES Consumer Price Index

The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services.  Spain's Consumer Price Index will be released at 07:00 GMT, Japan's Unemployment Rate at 23:30 GMT, Japan's Jobs / Applicants Ratio at 23:30 GMT.

JP Unemployment Rate

The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market.

JP Jobs / Applicants Ratio

The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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