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August 05, 2021

Ethereum (ETH) Battles the Resistance at $2,859, Uptrend Likely

Ethereum Price Long-Term Analysis: BullishToday, Ether’s price has rallied to $2,780 after its retracement to the low of $2,446.90. The current bullish momentum is likely to extend to the previous highs. Yesterday, Ether’s price broke the resistance at $2,632 as the biggest altcoin appr...

#ETH #ETH/USD #Ethereum #Price Analysis

August 05, 2021

Bitcoin ETF: French-based Asset Management Company Launches ETF

According to recent reports by the Financial Times, a French asset management firm (Melanion Capital) is set to launch an EU-regulated Bitcoin ETF. Dubbed the Melanion ETF, this Bitcoin (BTC) derivative would become one of the first of its kind in the European market. The proposed ETF will track ab...

#BITCOIN #BTC #CRYPTOCURRENCY #Technical Analysis

August 04, 2021

Band Protocol (BANDUSD) Fails to Break $7.000 Despite Decent Run

Market Analysis – BANDUSD Decent Run Has Failed to Break $7.000 Despite BANDUSD decent run in the preceding days leading up to now, the coin has failed to break through the $7.000 price mark. A level that has proven to be vital to the bears on the chart. BANDUSD started its decent run on the ...

#BAND #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action

August 04, 2021

Polkadot (DOT) Surges Ahead, Retest the $20 Resistance

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price has broken above the moving averages as price reached the bullish trend zone. In the first uptrend, the altcoin reached the $20 high but was resisted. The crypto retraced to $16.84 low and resumed a fresh uptrend. The coin is ri...

#DOT #DOT/USD #Polkadot #Price Analysis

August 04, 2021

Bitcoin (BTC/USD) Market Reverses Valuation at $40,000

Bitcoin Price Prediction – August 4There has been a financial record that the BTC/USD market reverses valuation after fluctuations around the level of $40,000. The crypto’s price now trades around $38,183 at a negative percentage rate of about 1.35. BTC/USD Market Key Levels:Resistance levels: $40,...

#BITCOIN #BTC #BTC/USD #Technical Analysis

August 04, 2021

Ethereum London Hard Fork: Exchanges Place Precautionary Measures to Forestall Volatility

With the Ethereum (ETH) blockchain preparing to launch the London hard fork, crypto exchanges are taking precautionary measures to ensure that customers’ funds are secure during the transition. The hard fork should go live at block height 12,965,000, which should occur tomorrow (August 5). The hard...

#CRYPTOCURRENCY #ETH #Ethereum #Hard Fork #NEWS

August 04, 2021

Synthetix (SNXUSD) Bullish Run Challenged

Market Analysis – SNXUSD Impressive Bullish Run Challenged at $10.450 SNXUSD bullish run began on the 20th of July 2021, when price bounced off the resistance price point at $7.500. The bulls took over the market and drove price to $10.450, an impressive 40% price gain in just six days. Howev...

#Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action #SNXUSD #Synthetix

August 03, 2021

Ripple (XRP) Retraces to an Oversold Region at $0.70, Upward Move Likely

Ripple (XRP) Long-Term Analysis: BearishRipple (XRP) has fallen to the low of $0.71 after rejection from the high of $0.76.The bulls have been retesting the $0.76 resistance to breaking above it. Today, the XRP price has broken below the moving averages suggesting that the altcoin will further decl...

#Price Analysis #RIPPLE #XRP #XRP/USD

August 03, 2021

Bitcoin Slumps from 11-Week High as Crypto Market Goes Into Correction

After peaking at a new 11-week high at $42,600 on Sunday, Bitcoin (BTC) appears to be in a sharp correction mode as the cryptocurrency falls to the mid-38k area. As expected, the rest of the crypto market acted similarly, which dragged the valuation of the total crypto market lower. The benchmark c...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technical Analysis