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July 29, 2021

Bitcoin Stalls as Elon Musk Reassures Support for the Crypto Industry

In his latest tweet about Bitcoin (BTC), Tesla’s CEO Elon Musk revealed that the electronic vehicle manufacturer holds about $1.47 billion worth of BTC on its balance sheet. Tesla reported in February that it purchased $1.5 billion in Bitcoin in its 10-k report. The announcement of the purchase spa...

#BITCOIN #BTC #CRYPTOCURRENCY #TechnicalAnalysis #Tesla

July 29, 2021

Synthetix (SNXUSD) Bulls Have Laid a Siege Below the $9.300 Resistance

Synthetix Analysis – The $9.300 Resistance Remains Under Siege From the Bulls Synthetix bulls are aiming to break through the $9.300 barrier again and have laid a siege below it. Bears initially plunged the market below $9.300 on the 16th of June 2021, to which it fell directly to support at $5.500...

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

July 28, 2021

Band Protocol (BANDUSD) Continues Zigzagging Below the $6.900 Resistance Zone

Market Analysis – BAND Zigzagging Movement Continues as Price Aims for $6.900 Again BAND continues zigzagging after bouncing up from $4.200. This is the second time that the coin has bounced off this support level to push higher. The first instance came after price fell off its support at $6....

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

July 28, 2021

Ripple (XRP) Declines as Buyers Recoup above $0.61 to Resume Uptrend

Ripple (XRP) Long-Term Analysis: BearishIn its recent rally, Ripple’s (XRP) reached the high of $0.68. The uptrend was terminated as the altcoin fell to the support above $0.62. Buyers are recouping above the current support to resume an upward move. There is a possibility that Ripple will ra...

#Price Analysis #RIPPLE #XRP #XRP/USD

July 28, 2021

Chainlink (LINK) Is Stuck below $17, Resumes Selling Pressure

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price rallies to $17.50 high but could not break the resistance. After two days of downward correction, the crypto is facing rejection. Chainlink is said to reach the overbought region of the market. Sellers are likely to emerge a...

#Chainlink #LINK #LINK/USD #Price Analysis

July 28, 2021

Bitcoin Records Intense Volatility as Bullish Sentiment Returns

Bitcoin (BTC) trades erratically over the past few days, as the broader market sentiment turned bullish. The benchmark cryptocurrency began its ascent from the $35k area on Sunday, peaked at around $40,500 yesterday, and fell to the $36,400 low earlier today. BTC trades up by 27% over the past seve...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

July 28, 2021

Bitcoin Regains Bullish Bias, as Gallup Report Positive Survey Findings

American survey and analytics firm Gallup recently published new findings from its latest survey on Bitcoin (BTC) investing. The analytics company’s survey termed the Gallup Investor Optimism Index noted that there is “more momentum among investors younger than 50.” In 2018, Gallup’s research revea...

#BITCOIN #BTC #CRYPTOCURRENCY #TechnicalAnalysis

July 28, 2021

Cardano (ADA) Is Stuck below $1.21, Lacks Buyers at Higher Price Levels

Cardano (ADA) Long-Term Analysis: BearishADA price is consolidating below $1.21 resistance. The crypto has been consolidating below the resistance for the past three days. On July 20, the bears push the altcoin to the previous low at $1.0 as bulls bought the dips. This propels the crypto to rise to...

#ADA #ADA/USD #Cardano #Price Analysis

July 28, 2021

Ethereum (ETH) Surges Ahead but Battles the Resistance at Level $2,040

Ethereum Price Long-Term Analysis: BearishYesterday, Ethereum rebounded above $1,730 support as price rallied to $2,040. Ether has retraced and it is consolidating below the $2,040 resistance. The current bullish momentum is likely to continue on the upside if price breaks above the resistance at $...

#ETH #ETH/USD #Ethereum #Price Analysis