As the dawn breaks on a new year, let us give thanks for all we hold dear: our health, our family and our friends. Let us release our…Continue reading on Medium »
Published in
News
Ethereum is trading in a range below $1,250 against the US Dollar. ETH could continue to move down below if it stays below the $1,220 resistance. Ethereum is still trading in a range below the $1,200 and $1,220 resistance levels. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,195 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a fresh decline if it stays below the $1,120 level or even $1,250. Ethereum Price Still In Range Ethereum price attempted an upside break above the $1,210 zone. ETH faced resistance below $1,220 and remained in a bearish zone, similar to bitcoin. A high was formed near $1,205 and there was a bearish reaction. The price traded as low as $1,192 and remained in a range. The price is now moving higher above $1,195. The price climbed above the 23.6% Fib retracement level of the recent decline from the $1,205 swing high to $1,192 low. Ether price is now trading below $1,200 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $1,195 on the hourly chart of ETH/USD. An immediate resistance is near the $1,200 level and the 100 hourly SMA. It is near the 50% Fib retracement level of the recent decline from the $1,205 swing high to $1,192 low. The next major resistance is near the $1,210 level. The first major resistance is near $1,220. A close above the $1,220 resistance could start a decent upward move. In the stated case, the price may perhaps rise towards the $1,250 resistance. The next major resistance could be $1,270, above which the price might rise towards the $1,300 resistance zone. Fresh Decline in ETH? If ethereum fails to climb above the $1,210 resistance, it could start another drop. An initial support on the downside is near the $1,195 level and the trend line. The next major support is near the $1,185 level. A downside break below $1,185 might send the price towards the $1,150 support. Any more losses might call for a test of the $1,120 zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 level. Major Support Level – $1,185 Major Resistance Level – $1,210
Published in
News
Cryptocurrency, or "crypto" for short, is a digital asset that uses cryptography for security and decentralization.Continue reading on Medium »
Published in
News
Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone. Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $16,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline if there is a clear move below the $16,000 support. Bitcoin Price Remains In Downtrend Bitcoin price spiked below the $16,500 support zone. However, BTC bulls were active above the $16,200 level. The price traded as low as $16,325 and recently started an upside correction. There was a minor recovery wave above the $16,500 level. The price climbed above the $16,600 level and the 100 hourly simple moving average. However, the bears were active near the $16,680 zone. A high was formed near $16,683 and the price corrected lower. Bitcoin price declined below 23.6% Fib retracement level of the upward move from the $16,325 low to $16,683 high. It found support near the $16,500 level. The price is trading above the 50% Fib retracement level of the upward move from the $16,325 low to $16,683 high. It is also above $16,500 and the 100 hourly simple moving average. On the upside, an immediate resistance is near the $16,600 level. Source: BTCUSD on TradingView.com The first major resistance is near the $16,680 zone. The next major resistance is near the $16,800 level. The key breakout zone is still near the $17,000 level. A clear move above the $17,000 resistance might start a fresh increase in the near term. Fresh Decline in BTC? If bitcoin fails to start a recovery wave above the $16,650 resistance, it could start another decline. An immediate support on the downside is near the $16,500 level. The next major support is near the $16,350 level. A clear move below the $16,350 support might spark a move towards the $16,000 level. Any more losses might send the price towards $15,500. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $16,500, followed by $16,350. Major Resistance Levels – $16,600, $16,800 and $17,000.
Published in
News
Cryptocurrency berkembang sangat pesat dalam satu tahun terakhir. Ada banyak koin-koin dan token-token baru lahir salah satunya Aurora…Continue reading on Medium »
Published in
News
In the world of finance, there’s no question which currency reigns supreme: fiat money. Sure, cryptocurrencies like Bitcoin and Ethereum…Continue reading on Medium »
Published in
News
Tokenization is the process of representing a physical asset, such as a security, in digital form by creating a digital token that…Continue reading on The Capital »
Published in
News
As analysts in the crypto space were busy counting their price predictions for their favorite digital assets this year, 2022 has…Continue reading on Medium »
Published in
News
Authorities in India have teamed up with Interpol for a massive manhunt to bring scammers, who allegedly defrauded investors of nearly $11 million, to justice. [...]
Read More...
The post New Delhi residents fall victim to digital asset scam offering 200% returns appeared first on CoinGeek.
Tahun 2022 mungkin menjadi tahun yang sulit. Saat ekonomi global melambat, pemain di semua sektor harus menggunakan model operasi yang…Continue reading on CoinEx Publication »
Published in
News
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.