From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.

I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.

When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies.

Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is.

One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others.

I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams.

I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top.

I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.

For the longest stretch of days since the cryptocurrency market was shaken by unrest in July, Bitcoin has dropped below US$20,000 for a sixth straight trading session.

On Thursday, the value of the biggest cryptocurrency dropped as much as 3.1% to $19,577.

Bitcoin In Free Fall

The largest cryptocurrency by market capitalization has been in free fall for the previous ten days as concerns over Wednesday’s FOMC minutes drove its price below $20,000. Despite the recent decline, investors seem to be increasing their Bitcoin purchases, and certain key on-chain data indicate that the price may be getting ready to emerge from its most recent low.

Market Analyst Jim Wyckoff foresaw the increase in volatility and cautioned in his morning Bitcoin brief that “quieter sideways trading continues, but probably not for much longer. History demonstrates that the financial markets can experience volatility in September.

BTC/USD trades at $20k. Source: TradingView

Wyckoff predicted that it might last for some time as long as bears continue to outnumber bullish traders.

“In the immediate future, expect increased cryptocurrency volatility. To break the price decline that is still visible on the daily chart for bitcoin, albeit narrowly, bulls need to demonstrate greater strength, according to Wyckoff.

Bitcoin average funding rates. Source: Santiment

The cryptocurrency analytics company Santiment, which published the following chart displaying the increase in BTC average funding rates, revealed that the sentiment against Bitcoin is still unfavorable.

Fear Overtakes Hope

Less than US$1 trillion, or roughly a third of its peak market value reached in November, is now the size of the cryptocurrency industry. Coin values were shaken midyear by the collapse of the Terra ecosystem, the demise of Three Arrows Capital, the bankruptcy of broker Voyager, and the failure of lender Celsius after coming off the highs amid a general increase in risk aversion.

Stephane Ouellette, chief executive of FRNT Financial Inc. said:

“There is a lot of fear that if we make new lows on BTC (as a proxy for the market), there will be another wave of crypto company defaults.”

Source: Bloomberg

The fall on September’s first day is unfavorable for the bellwether currency. Since 2017, every September has seen a decline in the price of Bitcoin, making it traditionally one of the worst months of the year. According to Bespoke Investment Group, over the past five years, the monthly decline in the value of Bitcoin has averaged 8.5%.

The overall cryptocurrency market cap now stands at $967 billion, and Bitcoin’s dominance rate is 39%.

Featured image from UnSplash and chart from TradingView.com, Bloomberg, and Santiment

The price of Raydium (RAY) drops to $0.7 against Tether (USDT) from its all-time high of $15 as it eyes to bounce from its low. Despite the relief bounce across most crypto assets, the price of Raydium (RAY) has continued to remain dormant at its all-time low. (Data from Binance)

Raydium (RAY) Price Analysis On The Weekly Chart 

The price of RAY crashed to its low of $0.7 by over 95% from a high of $15 after seeing several rejections from areas of resistance. 

RAY has shown little bullish moves on the weekly chart, as this could suggest a bullish move could happen in no distant time. With bulls buying RAY at this valued price, we could see the price going to $3.5, acting as the next significant resistance for RAY’s price.

If there are no buy orders, we could see the price of RAY range between the values of $0.55-$0.7 as these prices act as support areas.

If the price of RAY maintains its current structure, we could retest the resistance at $2.5-$3.5, depending on the buy volume orders. 

Weekly resistance for the price of RAY – $0.25-$0.35.

Weekly support for the price of RAY – $0.55-$0.7.

Price Analysis Of RAY On The Daily (1D) Chart

The price of RAY found its daily low at $0.6 and quickly bounced off the area where it has formed good support. RAY’s price moved to a region of $0.7 but could not sustain its movement as it continued to range. 

Despite showing a great momentum sign, RAY is trading at $0.714 below the 50 and 200 Exponential Moving Averages (EMA), acting as resistance for the price of RAY to break higher. 

The 50 and 200 EMA correspond to prices of $0.8 and $2.2, respectively; for RAY to trend higher, it must break through this region, which acts as resistance for RAY prices.

A break and close above the 50-day moving average would indicate a short-term relief bounce, while a close above the 200-day moving average would indicate a downtrend reversal to the upside of the current bearish trend.

If the price of RAY fails to break the resistance at $0.8, it may fall to the lower region for price accumulation at $0.6.

Daily (1D) resistance for RAY price – $0.8, $2.2.

Daily (1D) support for RAY price – $0.6.

Price Analysis Of RAY On The Four-Hourly (4H) Chart

The price of RAY on the 4H chart has continued to look bullish, holding above the support area at $0.7, corresponding to the 50 EMA on the 4H chart with more buy orders in this region.

RAY formed a bullish divergence on the 4H chart as the price was oversold; we could see the price of RAY going to the resistance at $0.8.

The Relative Strength Index (RSI) for RAY on the 4H chart is above 60, indicating good buy volume for RAY price.

Four-Hourly (4H) resistance for RAY price – $0.8.

Four-Hourly (4H) support for RAY price – $0.68.

Featured Image From Coingape, Charts From TradingView.com