Author: dfmines

Cryptocurrency News and Public Mining Pools

TA: Ethereum Plunges, Can Buyers Save The Key $3K Support?

Ethereum extended decline below the $3,100 support zone against the US Dollar. ETH price must stay above $3,000 to avoid a sharp decline. Ethereum extended decline below the $3,120 and $3,100 levels. The price is trading below $3,150 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $3,200 resistance zone. Ethereum Price Keeps Struggling Ethereum failed to settle above $3,200 and extended decline below the $3,120 support zone. ETH even broke the $3,080 level and settled below the 100 hourly simple moving average. A low is formed near $3,050 and currently correcting losses. There was a minor recovery wave above the $3,100 level. Ether price climbed above the 50% Fib retracement level of the recent decline from the $3,195 swing high to $3,050 low. The first major resistance is near the $3,135 level. There is also a key bearish trend line forming with resistance near $3,140 on the hourly chart of ETH/USD. The trend line is near the 61.8% Fib retracement level of the recent decline from the $3,195 swing high to $3,050 low. Source: ETHUSD on TradingView.com If there is an upside break above the trend line, the price could rise towards the $3,190 resistance zone and the 100 hourly simple moving average. The next major resistance is near the $3,200 level, above which ether price could gain bullish momentum. In the stated case, the price could rise towards $3,300 in the near term. More Losses in ETH? If ethereum fails to start a fresh increase above the $3,150 level, it could continue to move down. An initial support on the downside is near the $3,080 level. The first key support is now forming near the $3,050 level. A downside break below the $3,050 level might even spark a move below the $3,000 level. The next major support for the bulls may perhaps be near the $2,880 zone. Any more losses could push the price towards the $2,750 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 level. Major Support Level – $3,050 Major Resistance Level – $3,150

As long as retailers still aren’t accepting crypto, I consider us being still early.

As much as we’d like to think crypto is popular, it really isn’t. A very small fraction of the populous owns a wallet and half of those wallet are dormant. When major retailers and chains start to accepting crypto payments, that’s where the real fun begins. That’s where the REAL value of crypto starts to…
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Ethereum Poster 💎

submitted by /u/colesaenz [link] [comments]

Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says

Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by Indian users. Millions of Indians Visit Crypto Scam Sites Indians visited scam crypto websites in droves over the past years, according to data from blockchain […]

Welcome to the 300% bad luck club.

submitted by /u/Skynet2030 [link] [comments]

Lindsay Lohan offering ‘experiential NFTs’ on Superfandom

Lindsay Lohan will join several other entertainment stars and sell experiential NFTs, as well as become an advisor to the Superfandom marketplace on the Stacks blockchain.

Exploring the CropBytes Metaverse: A Futuristic Crypto Game With Real Economics and Immersive Graphics

On January 20th, CropBytes, the four-year-old metaverse farming game, is launching the brand new terrain with immersive 3D graphics. The new version upgrade greatly improved the already cute graphics of the game and brought a fresh feeling that adapts to the latest game aesthetics on mobile devices. What’s more, it keeps all the fun! Introduction […]

Google Cards To Store Bitcoin And Crypto: Report

submitted by /u/that_reddit_username [link] [comments]

Most people here are in the acceptance stage now.

So 5 stages of grief. ​ Denial "nah it's just a correction" "It happens all the time" "Nah it's an extended cycle" ​ Anger "fuck off! It's normal in a bull market, it's not always green! Are you new here?!" "FUD! Gtfo here" *A mention of bear market gets downvoted to oblivion ​ Bargaining "some…
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