Category: Cryptocurrency News

Ethereum failed to settle above the $4,000 zone against the US Dollar. ETH price is correcting gains and it could dive if there is a break below $3,900. Ethereum struggled to clear the $4,050 resistance zone and declined. The price is trading below $4,020 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $3,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above $3,900 to start a fresh increase in the near term. Ethereum Price Corrects Lower Ethereum made an attempt to gain strength above the $4,020 and $4,050 resistance levels. ETH even climbed above the $4,050 level and the 100 hourly simple moving average. However, there was no upside continuation above $4,075. A high was formed near $4,075 and the price started a downside correction. There was a break below the $4,000 support level. Ether even declined below the 23.6% Fib retracement level of the upward move from the $3,750 swing low to $4,075 high. It is now trading below $4,020 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $3,980 level. There is also a key contracting triangle forming with resistance near $3,980 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The next major resistance is near the $4,020 level. A clear upside break above the $4,020 level could push the price further higher in the near term. The next stop for the bulls could be $4,080, above which the price could rise to $4,200. Any more gains could send the price towards the $4,250 level. Downside Break in ETH? If ethereum fails to start a fresh increase above the $4,000 level, it could continue to move down. An initial support on the downside is near the $3,940 level. The first key support is now forming near the $3,920 level. The 50% Fib retracement level of the upward move from the $3,750 swing low to $4,075 high is also near the $3,920 zone. A downside break below the $3,920 and $3,900 levels could stage a fresh decline in the near term. 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 below the 50 level. Major Support Level – $3,920 Major Resistance Level – $4,020

The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires Non-Custodial Staking Firm Staked On December 21, Kraken announced that it […]

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

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

Bitcoin failed to test the $50,000 resistance against the US Dollar. BTC is correcting gains, but dips could be limited below the $47,500 support. Bitcoin struggled to surpass the $49,500 resistance zone and corrected lower. The price is trading above $48,000 and the 100 hourly simple moving average. There was a break below a key rising channel with support near $49,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $47,500 support zone. Bitcoin Price Remains Supported Bitcoin price formed a base and started a fresh increase above the $47,500 level. BTC gained pace for a move above the $48,500 level and the 100 hourly simple moving average. The upward move was such that the price even spiked above the $49,200 resistance. However, the bulls failed to pump the price towards the $50,000 level. A high was formed near $49,599 and the price started a downside correction. There was a break below the $49,000 level. Besides, there was a break below a key rising channel with support near $49,000 on the hourly chart of the BTC/USD pair. The pair traded below the 23.6% Fib retracement level of the upward move from the $45,600 swing low to $45,599 high. Bitcoin tested the $48,000 zone and is currently rising. It is facing resistance near the $48,800 zone. Source: BTCUSD on TradingView.com The next key resistance could be $49,200. The main breakout zone is now near $49,500. A clear move above the $49,500 resistance zone could lift the market sentiment for a move above $50,000. The next major stop for the bulls may possibly be near the $51,200 level. Dips Limited In BTC? If bitcoin fails to clear the $49,500 resistance zone, it could extend its decline. An immediate support on the downside is near the $48,000 level. The first major support is near $47,500. It is near the 50% Fib retracement level of the upward move from the $45,600 swing low to $45,599 high. A downside break below the $47,500 level could push the price towards the $46,500 support, below which the price could test $45,500. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level. Major Support Levels – $48,000, followed by $47,500. Major Resistance Levels – $49,000, $49,500 and $50,000.

Here is the link thingy https://etherscan.io/tx/0xa872d4706d5066851e671453343d0ea542f603bb8844899968b7a2d654af52e3 Will it go through eventually or should I just cancel it? submitted by /u/verihappi [link] [comments]

Hi, Does anyone know of an ETH wallet for iPhone that allows me to view only my holdings stored on my cold wallet? Thanks submitted by /u/Foreign-Lost84 [link] [comments]

El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib Bukele announced. The country has bought about 1,391 bitcoins altogether. El Salvador Buys More Bitcoins El Salvador’s President Nayib Bukele announced Tuesday that his country […]