Key Takeaways: The Ethereum Foundation is looking to hire a social media manager to get its voice out on the slew of major platforms. The intent behind the role is to drive better sentiment around Ethereum by sharing noteworthy updates and engaging content within the ecosystem. Candidates must have a deep knowledge of Ethereum and a successful…
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XRP price is correcting gains from the $2.750 resistance. The price is still showing positive signs and might aim for a move above the $2.750 resistance zone. XRP price started a fresh increase above the $2.620 level. The price is now trading above $2.620 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.720 resistance zone. XRP Price Faces Resistance XRP price remained supported above the $2.550 level. It formed a base and started a strong increase above the $2.62 resistance zone, outperforming Bitcoin and Ethereum. The price cleared the $2.650 and $2.680 resistance levels. There was a clear move above the 61.8% Fib retracement level of the downward wave from the $2.8320 swing high to the $2.470 low. However, the bears were active near the $2.750 resistance zone. They protected a close above the 76.4% Fib retracement level of the downward wave from the $2.8320 swing high to the $2.470 low. The price is now moving lower below $2.70. The price is now trading above $2.720 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.720 level. There is also a connecting bearish trend line forming with resistance at $2.720 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.750 level. The next resistance is $2.80. A clear move above the $2.80 resistance might send the price toward the $2.850 resistance. Any more gains might send the price toward the $2.920 resistance or even $2.950 in the near term. The next major hurdle for the bulls might be $3.00. More Losses? If XRP fails to clear the $2.720 resistance zone, it could start another decline. Initial support on the downside is near the $2.650 level. The next major support is near the $2.60 level. If there is a downside break and a close below the $2.60 level, the price might continue to decline toward the $2.550 support. The next major support sits near the $2.50 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.650 and $2.60. Major Resistance Levels – $2.720 and $2.750.
Ver was arrested in Spain last April and charged with tax evasion, with US authorities claiming he underreported capital gains made from Bitcoin sales in 2014.
“The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder.
Meme coins may seem frivolous now, but their evolution could reshape crypto, Coinbase’s CEO said, warning against scams while urging openness to their potential impact. Coinbase CEO Brian Armstrong: ‘We Should Be Open Minded About Where Memecoins Are Going’ Coinbase CEO Brian Armstrong has shared his thoughts on meme coins, recognizing their significance in the […]
Ethereum price is showing positive signs above the $2,680 zone. ETH is gaining pace and an upside break above $2,755 could trigger bullish moves. Ethereum is still showing positive signs above the $2,650 zone. The price is trading above $2,720 and the 100-hourly Simple Moving Average. There is following a key rising channel with support at $2,725 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,755 and $2,800. Ethereum Price Eyes Upside Break Ethereum price remained supported above the $2,550 level and recently started a decent upward move, but it underperformed Bitcoin. ETH gained pace above the $2,650 and $2,660 resistance levels. The price even cleared the 50% Fib retracement level of the downward wave from the $2,845 swing high to the $2,604 low. There was also a move above the $2,720 resistance level. Besides, the price is following a key rising channel with support at $2,725 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,720 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,755 level. It is close to the 61.8% Fib retracement level of the downward wave from the $2,845 swing high to the $2,604 low. The first major resistance is near the $2,790 level. The main resistance is now forming near $2,800 or $2,820. A clear move above the $2,820 resistance might send the price toward the $2,880 resistance. An upside break above the $2,880 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,920 resistance zone or even $3,000 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,755 resistance, it could start another decline. Initial support on the downside is near the $2,720 level. The first major support sits near the $2,665 zone. A clear move below the $2,665 support might push the price toward the $2,620 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,720 Major Resistance Level – $2,755
Legislation that would allow Utah to invest in Bitcoin has been passed by a state Senate subcommittee and has already made it through the House.
Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone. Bitcoin started a decent recovery wave above the $96,500 zone. The price is trading above $97,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $97,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,400 zone. Bitcoin Price Aims Higher Bitcoin price formed a base above the $94,500 level and started a recovery wave. BTC was able to surpass the $95,000 and $96,400 resistance levels. The price even cleared the $97,500 resistance level. The bulls even pushed the price above $98,500. A high was formed near $98,725 and the price is now consolidating gains. The price is stable above the 23.6% Fib retracement level of the upward move from the $93,370 swing low to the $98,725 high. Bitcoin price is now trading above $97,200 and the 100 hourly Simple moving average. There is also a key bullish trend line forming with support near $97,600 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $98,500 level. The first key resistance is near the $98,800 level. The next key resistance could be $99,500. A close above the $99,500 resistance might send the price further higher. In the stated case, the price could rise and test the $100,000 resistance level. Any more gains might send the price toward the $100,500 level or even $102,000. Another Decline In BTC? If Bitcoin fails to rise above the $98,800 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $97,500 level. The first major support is near the $96,500 level and the 50% Fib retracement level of the upward move from the $93,370 swing low to the $98,725 high. The next support is now near the $95,500 zone. Any more losses might send the price toward the $94,200 support in the near term. The main support sits at $93,400. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $97,500, followed by $96,500. Major Resistance Levels – $98,500 and $100,000.
The SEC’s new unit aims to crack down on crypto fraud, targeting scams and unauthorized account takeovers while promoting responsible digital asset growth. SEC Introduces Cyber and Emerging Technologies Unit to Tackle Crypto Fraud The U.S. Securities and Exchange Commission (SEC) has announced the establishment of the Cyber and Emerging Technologies Unit (CETU) to combat […]
