Category: Cryptocurrency News

BNB price (Binance coin) is moving lower below the $310 support against the US Dollar. The bears could gain strength if there is a close below $300. Binance coin price is moving lower from the $318 resistance against the US Dollar. The price is now trading below $310 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support near $310 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could accelerate lower if it breaks the $300 support zone. Binance Coin Price Tops Again This past week, BNB price attempted an upside break above the $318 resistance. However, the bulls struggled to gain strength above $318, similar to Bitcoin and Ethereum. A high is formed near $317.1 and the price started a fresh decline. There was a clear move below the $312 and $310 levels. There was also a break below a key bullish trend line with support near $310 on the 4-hour chart of the BNB/USD pair. BNB price is now trading below $310 and the 100 simple moving average (4 hours). A low is formed near $303.2 and the price is now consolidating losses. On the upside, BNB is facing resistance near the $306.5 level. It is close to the 23.6% Fib retracement level of the downward move from the $317.1 swing high to the $303.2 low. The first major resistance is near $310 and the 100 simple moving average (4 hours). Source: BNBUSD on TradingView.com It is close to the 50% Fib retracement level of the downward move from the $317.1 swing high to the $303.2 low. The next major resistance is near $315. A clear move above the $315 resistance might start a steady increase. The next major resistance is near the $318 level, above which the price might rise toward the $325 resistance. More Losses in BNB? If BNB fails to clear the $310 resistance, it could continue to move down. Initial support on the downside is near the $303 level. The next major support is near the $300 level. If there is a downside break below the $300 support, there could be an extended decline toward the $292 support. Any more losses could send the price toward the $284 support. Technical Indicators 4-Hours MACD – The MACD for BNB/USD is gaining pace in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $303, $300, and $284. Major Resistance Levels – $307, $310, and $315.

The body of Dr. John Forsyth has been found following a week-long search but police reportedly said foul play did not appear to be a factor.

Ethereum price started another decline from the $1,920 resistance against the US Dollar. ETH is at a risk of more losses if it stays below $1,920 for a long time. Ethereum is now showing bearish signs and well below the $1,920 resistance zone. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,870 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it breaks the $1,840 support. Ethereum Price Faces Rejection Ethereum’s price started a fresh decline after it failed to clear the $1,920 resistance zone. ETH declined below the $1,880 level to move into a short-term bearish zone, similar to Bitcoin. There was a sharp move below the $1,860 level. The price even tested the $1,840 support. A low is formed near $1,838 and the price is now consolidating losses. It is testing the 50% Fib retracement level of the recent decline from the $1,882 swing high to the $1,838 low. Ether is now trading below $1,880 and the 100-hourly Simple Moving Average. There is also a major bearish trend line forming with resistance near $1,870 on the hourly chart of ETH/USD. Immediate resistance is near the $1,865 zone. It is close to the 76.4% Fib retracement level of the recent decline from the $1,882 swing high to the $1,838 low. The next major resistance is near the $1,880 level. A proper move above the $1,865 and $1,880 resistance levels might send Ether toward $1,900. Source: ETHUSD on TradingView.com The next resistance sits near $1,920, above which Ethereum could rise toward $2,000. Any more gains above the $2,000 resistance zone might send the price toward the $2,120 resistance. More Losses in ETH? If Ethereum fails to clear the $1,880 resistance, it could continue to move down. Initial support on the downside is near the $1,840 level. The next major support is near the $1,820 zone. If there is a close below the $1,820 support, the price could decline toward the $1,800 support. Any more losses may perhaps send the price toward the $1,740 level or even $1,720 in the coming sessions. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is below the 50 level. Major Support Level – $1,840 Major Resistance Level – $1,880

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

This is the demo https://plebbitapp.eth.limo Since all data is P2P, and the clients and protocols are all open source, it's not possible for anyone to "shut down the API" We've received a $5000 grant from IPFS's Protocol Labs. We also received $6000 in a recent gitcoin grant and are currently applying for an ENS grant.…
Read more

Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone. The price is trading below $27,550 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance near $27,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be limited above the $27,500 resistance. Bitcoin Price Drops Again Bitcoin price failed to start a fresh increase above the $28,000 resistance zone. BTC started a fresh decline and traded below the key $27,500 support zone. There was a clear move below the $27,400 level and the 100 hourly Simple moving average. The price even dived below the $27,000 level and traded close to the $26,500 support. A low is formed near $26,571 and the price is now consolidating losses. Bitcoin price is trading below $27,550 and the 100 hourly Simple moving average. There is also a major bearish trend line forming with resistance near $27,500 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $26,920 level. It is close to the 50% Fib retracement level of the recent decline from the $27,287 swing high to the $26,571 low. The next major resistance is near the $27,100 level. The stated resistance is near the 76.4% Fib retracement level of the recent decline from the $27,287 swing high to the $26,571 low. The main resistance is near the $27,500 level. Source: BTCUSD on TradingView.com An upside break and close above $27,500 could start a steady increase toward $28,000. If the bulls manage to clear the $28,000 resistance zone might send the price toward the $28,500 resistance zone. More Losses in BTC? If Bitcoin’s price fails to clear the $27,100 resistance, it could continue to move down. Immediate support on the downside is near the $26,550 level. The next major support is near the $26,500 zone, below which the price might gain bearish momentum. In the stated case, the price could drop toward the $26,000 support. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level. Major Support Levels – $26,550, followed by $26,500. Major Resistance Levels – $27,100, $27,400, and $27,500.

The debt ceiling has been raised but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin.

The bot is a ChatGPT model that’s so far only been trained on Satoshi Nakamoto’s public writings and a handful of Bitcoin-related source materials.

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