Mike and Merlin start things off by analyzing the Aussie Dollar and potential trade opportunities going forward. Focus then shifts to one of the larger Forex brokers stock as a listener is holding thousands of shares! Finally, Mike talks about how to capitalize on the current oil price by looking for strong dividend plays.
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Bitcoin approaches the key resistance zone near $85,000 on Friday after posting modest gains so far this week. Ethereum consolidates around $2,700 as traders await its next directional move. Meanwhile, Ripple steadies around $1.500 after recovering losses from earlier this week.
Pepe price holds steady around $0.00000440 at press time on Friday, sustaining the 3.50% gains from the previous day's rebound. The meme coin maintains firm retail demand, with its futures Open Interest stabilizing above $320 million and funding rates remaining positive. PEPE must reclaim the $0.00000500 psychological barrier to sustain an upward trend.
Near Protocol (NEAR) uptrend has been cut short, as the price slides below $5.00. The correction comes after an exploit on the network’s Near Intents services, which affected deposits and withdrawals across 11 crypto networks. NEAR is currently trading at $4.88, below the daily high of $5.54, while falling momentum indicators suggest that sellers are gaining the upper hand.
