By Dipak Zed
We Recently, after President Donald Trumps's Speech and Jennet Yellen Testifies.
SeenCrypto currencies are selling off and reaching to support levels
The video showed the Demand levels and possible reversals. On crypto Currencies.
Recently jennet Yellen gave some Bullish testifies on Dollar, Dxy having a spike with her testifies.
Effects on Crypto after her testifies and Economic Data also let's have look on Last weeks Economic events From US
1) JOLTs Job Openings (May) 5.666M 5.950M 5.967M which shown reduced job openings than expected.
2) Initial Jobless Claims 247K 245K 250K decreased since last Jobless claims but looks better than expected
3) PPI (MOM) (Jun) 0.1% -0.1% 0.0% price of goods sold by manufacturers Increased since last base.
These are some volatile economic events slightly indicating the gaining momentum of USD index.
Bitcoin after making a High 2875.45 started correcting now the Bitcoin is trading at 2000
Further NEM, DASH, LITCOIN, RIPPLE, and ETHERUM are correcting to the details of the demand for the Cryptos
mentioned in the Video attached
Youtube Link-Overview of crypto currencies Technical
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