Ethereum is slowly moving lower below $1,300 against the US Dollar. ETH remains at a risk of major decline if it stays below $1,400 for a long time. Ethereum started a fresh decline after it failed to clear the $1,350 resistance. The price is now trading below $1,320 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish… Source link
Read More »Yearly Archives: 2022
What is Monero? – Forbes Advisor Australia
At the time of writing in late October, Monero (XMR) is worth US$143.35 according to CoinMarketCap data. Monero’s market capitalisation (market cap) currently sits at US$2,651,700,339. Market cap is a cryptocurrency’s current price multiplied by its circulation supply. Monero has experienced a downward value trend in the past year. However, all cryptocurrencies across the board have experienced these lows lately. This is likely due to what is known as a ‘crypto winter’, which… Source link
Read More »Market Wrap: Bitcoin Hovers at $19K to Remain Within Current Range – CoinDesk
In major macroeconomic data, U.S. housing starts plunged 8.1% to 1.439 million in September, falling slightly short of the consensus estimate but reflecting a sagging of the once-torrid housing market. However, September housing permits, an indicator of future construction, rose by 1.4% over August. Source link
Read More »Monero: Traders looking to sell XMR have reason to consider the $152 level
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. A divergence between OBV and price suggests a bullish reversal Price action remained bearish on higher timeframes Monero [XMR] has been on a higher timeframe downtrend since late April. Since then, the price has not managed to break out above its previous lower highs. Above XMR lay formidable resistance zones at $150, $180, and $208.
Read More »Network activity signals red days ahead
Ethereum price shows a significant influx of investors actively participating in the network. The bears have successfully breached the 8-day exponential moving average. Invalidation of the bearish thesis is a breach above $1,330. Ethereum price could become problematic for long-term investors as a sweep-the-lows event is becoming more self-fulfilling. Key levels have been identified. Ethereum price is setting up for a correction Ethereum price displays… Source link
Read More »Monero shows a possible uptrend
According to several analysts, the price trend of Monero (XMR) shows signs of a possible bullish trend. However, the same analysts urge caution in considering this hypothesis, but they do not hide the fact that the possibility of an uptrend is theoretically there. Indeed, starting shortly after mid-July, the price of Monero has been continuing to hover around the $150 mark. In short, it has been sideways for three months now without ever falling below $135, and without rising above… Source link
Read More »Monero shows a possible uptrend
According to several analysts, the price trend of Monero (XMR) shows signs of a possible bullish trend. However, the same analysts urge caution in considering this hypothesis, but they do not hide the fact that the possibility of an uptrend is theoretically there. Indeed, starting shortly after mid-July, the price of Monero has been continuing to hover around the $150 mark. In short, it has been sideways for three months now without ever falling below $135, and without rising above… Source link
Read More »Bitcoin Has Failed 2022 – Bitcoin Magazine
This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.” It’s October 2022. Bitcoin is once again below $20,000. R.I.P. bitcoin. You have finally died. You’ve lost your luster. The Ponzi has ended. The show is over. It’s time to go home. Next stop, $10,000, then $1,000 and then $0. In this essay, I will be channeling my inner Nassim Taleb, Frances Coppola, Jim Cramer, Peter… Source link
Read More »Bitcoin and Litecoin coming to Stellar Lumens network with SEP-6 transfer service
Source: Maquette.pro – Shutterstock Coinqvest surfaces as the Tier SEP-6 transfer server on the Stellar Network. Investors can support Stellar in building rich liquidity for Coinqvest. The Stellar Lumens network has introduced Coinqvest as the Tier-1 SEP-6 transfer service for Bitcoin (BTC) and Litecoin (LTC). Coinqvest serves as the Tier-1 validator, Horizon operator,… Source link
Read More »Bitcoin and Litecoin coming to Stellar Lumens network with SEP-6 transfer service
Source: Maquette.pro – Shutterstock Coinqvest surfaces as the Tier SEP-6 transfer server on the Stellar Network. Investors can support Stellar in building rich liquidity for Coinqvest. The Stellar Lumens network has introduced Coinqvest as the Tier-1 SEP-6 transfer service for Bitcoin (BTC) and Litecoin (LTC). Coinqvest serves as the Tier-1 validator, Horizon operator,… Source link
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