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MASK analysis:
Price is now facing local resistance at the $2.85-$3.00 area. A break above the $3.00 resistance level will push the price toward the $3.30 area. This is no trade zone for MASK. The major support is $2.00-$2.30 area and you can place your buy orders in this zone.
According to Glassnode Data, BTC mining difficulty continues to break records.
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Bitcoin rebounded from the weekly support area and faces strong resistance at $28,000-$32,000. A break below the major support level of $24,000-$25,000 could drive the price down to $20,000 or lower.
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ETH Median Gas Price (7d MA) just reached a 8-month low of 14.320 GWEI. The on chain transactions are decreasing on ETH network. NFT and DeFi market hit massively in the bear market.
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Bitcoin is again moving sideways and volume is again drying up. We may see the continuation of this sideways movement for this weekend. Let's see if price shows some movement next week.
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XRP is able to break above the $0.50 local resistance level. We may see a move toward the $0.57-$0.593 resistance area. Keep increasing your stop loss and hold the position. Don't open new long positions here.
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The Dollar Index (DXY) is now testing the major resistance of 105.05-105.500 area. There are chances that DXY will reject from here and that will give BTC and other markets some relief rally. A break above the resistance area will bring heavy dump in Bitcoin and global markets.
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Notice of Addition & Removal of Trading Pairs - 2023-09-22
/en/support/announcement/fe93095a80944d31b42fa7eb2afdb12c
MOVR analysis:
There is a big falling wedge pattern on the daily chart and it is heading toward a breakout. The major resistance is the $4.55-$4.80 area and we may see a move toward this resistance zone. The support is $3.70-$3.80 and you can open a small position near this support zone with tight stop loss.
Educational Post:
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The volume on our #OBI pump was much lower than expected but still we managed to reach peak increase of 3.5x gains today. we wanted to give a fair and safe pump for our community so we assured 0% prepump and zero prebuy. We made our 2nd min candle higher than 1st min , and still holding above 60%, giving all our members multiple opportunities to take good profits. We promise our next pump will be epic, doing whatever is necessary to reach at least 500% (as we did multiple times with past pumps). Stay tuned!!
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After the recent market downturn, Binance Coin (BNB) has entered the support zone and is currently trading steadily at the $200 support level. There is also a period of accumulation taking place. To gain upward momentum, BNB needs to break and hold above the $220 level. If you're considering opening a long position, it may be wise to set a tight stop loss below $200.
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📣 12 hours remaining until our pump on Kucoin! Our pump will be free for all and everyone will receive the signal at the exact same time. A few tips before we begin : Buying early and fast is very important! Make sure to be active during the pump. If you buy and sell for a profit we suggest adding a buy order at a lower level afterwards to ride the waves and help support the pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 800%-1000% gains today possibly even more, make sure you have “USDT” in your Kucoin “Trading account” before pumping. We use USDT as a base pair because it offers the most volume and stability.
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JOE analysis:
Currently, the price is hovering close to the significant support zone of $0.19-$0.226. As a prudent strategy, you can initiate small long positions around this support level while keeping a tight stop loss in place. On the daily chart, the resistance stands at $0.299-$0.318, and it is likely that we may witness a surge toward this resistance level in the coming days.
After testing the support area THETA bounced from there. If you have opened long positions then increase your stop loss and hold. The long positions give a peak profit of more than 20% and currently trading at more than 10% profit from our entry. Price is breaking out the falling wedge pattern and after confirmation, we will rally toward the resistance area of $0.70-$0.73.
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ANT analysis:
Price tried to break the downtrend line but unable to hold above it. The major support is $3.85-$4.00 area and this is zone for new entries. The resistance is $4.60 and this is zone for profit booking.
ETH analysis:
Price is trading in a symmetric triangle. The local resistance is $1600-$1620 area and the symmetric triangle downtrend line is around the $1650 level. We will see a move toward $1850-$1900 if the price is able to break above the $1650 level. The major support on the downside is $1500.
At the moment, Bitcoin has fallen below the $26,800 mark and returned to its trading range. There isn't much news to report, as we may witness some sideways movement in the coming days. It's advisable to keep tight stop losses on all trades.
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API3 analysis:
The current price seems to be following a falling wedge pattern. It's worth noting that there is significant resistance in the $1.20-$1.25 range, and a test of this level is expected to happen soon. If the price manages to break above this resistance level, it may move towards the $1.90-$2.00 range. However, if the price fails to hold its support level of $1.00, it may move towards the $0.855-$0.865 range.
The chart shows the percentage of Last active Bitcoin supply across the years. The 1+ years inactive supply reached all-time high levels of near 70%. This trend shows that long term investors are increasing with time.
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Breaking: Court Allows Mt Gox To Delay Repayments By Another Year, Bitcoin To Rally
/court-allows-mt-gox-to-delay-repayments-by-another-year/?utm_source=Crypto+VIP&utm_medium=telegram
BTC has broken out and is currently testing the $26,800 level. If it remains above this level, we can expect to see some upward movement. However, the volume on the weekly charts is low, which may indicate that a big move is on the horizon in the coming weeks.
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Price is testing the resistance area again and trying to break above this. Wait for a clear breakout above the resistance area for new entries. If XEM able to break this resistance then we see a move toward $0.0283-$0.029 resistance area.
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