Of corse assuming all this isn’t about crash and burn, and we finish the year out at least .25 or higher. How much should I accumulate? submitted by /u/Hot-Direction1643 [link] [comments]
Ethereum extended decline below the $3,000 support zone against the US Dollar. ETH price could extend losses towards the $2,650 support in the near term. Ethereum extended decline below the $3,050 and $3,000 support levels. The price is trading below $3,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a clear move below the $2,800 support zone. Ethereum Price Dives 8% Ethereum failed to gain strength above the $3,250 level and started a major decline. ETH formed a high near $3,272 before there was a major decline. There was a sharp move below the $3,120 and $3,050 support levels. Besides, there was a break below a key bullish trend line with support near $3,120 on the hourly chart of ETH/USD. Ether price even settled below the $3,000 level and the 100 hourly simple moving average. The price spiked below the $2,900 level and traded as low as $2,808. It is now consolidating losses above the $2,800 level. An initial resistance is near the $2,900 zone. It is close to the 23.6% Fib retracement level of the recent decline from the $3,272 swing high to $2,808 low. The first major resistance is near the $3,000 level or the 50% Fib retracement level of the recent decline from the $3,272 swing high to $2,808 low. Source: ETHUSD on TradingView.com If there is an upside break above $3,000 resistance, zone, the price could rise towards the 100 hourly simple moving average. The next major resistance is near the $3,200 level. More Losses in ETH? If ethereum fails to start a recovery wave above the $2,900 level, it could continue to move down. An initial support on the downside is near the $2,820 level. The first key support is now forming near the $2,800 level. A downside break below the $2,800 level might start another strong decline. The next major support for the bulls may perhaps be near the $2,650 zone. Any more losses could push the price towards the $2,500 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now in the oversold zone. Major Support Level – $2,800 Major Resistance Level – $3,000
It's very hard to control yourself! Please share your feelings, thoughts! submitted by /u/zagalilo7 [link] [comments]
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]
The sub is blowing up as BTC has dropped to a low we were not expecting etc etc.. FUD is dropping from left right and center and we are expecting a further contraction in the global markets. Yes the BTC $100k dream is long dead for now but that doesn’t mean your investment isn’t a…
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submitted by /u/kennyhonest [link] [comments]
We can look at the chart and realize we are in a downtrend, but i'm still very bullish with BTC. We are having lower highs and lower lows but that's just part of the sword reversal pattern. As soon as we start to break through the key resistance levels on our blue line, we are…
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The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing.
submitted by /u/ShotBot [link] [comments]
Cheers boys. This is just my new normal now. On the bright side I decided on getting an RTX 3080 instead of putting another $1k in. Got some good games coming out within the next 6 weeks. What are some of y’alls hobbies to get your mind off crypto. I honestly wouldn’t know how to…
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