June 1 Crypto report
News Headlines:Indian central bank clarifies regulations as local banks shun crypto2 Bitcoin price indicators suggest BTC has not bottomed yet. 0x launches DEX liquidity API on Polygon RavenX (RX) charity token donates over $1M to Binance Charity Chinese traders turn to OTC desks amid regulatory crackdownEthereum gained pace above the $2,550 resistance zone against the US Dollar. ETH price is trading in a positive zone and it could rally if it breaks the $2,750 resistance.Ethereum is slowly moving higher and it broke the key $2,500 resistance zone.The price is now trading well above $2,500 and the 100 hourly simple moving average.There is a key rising channel forming with support near $2,640 on the hourly chart of ETH/USD (data feed via BuyUcoin).Source: Crypto Labs| (BuyUcoin)
