Category: Cryptocurrency News

Dogecoin is showing positive signs above the $0.0750 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0812 resistance zone. DOGE started a decent increase above the $0.0750 resistance against the US dollar. The price is trading above the $0.0785 level and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could start a strong rally like Solana if it clears the $0.0812 resistance. Dogecoin Price Eyes Fresh Rally After forming a base above the $0.070 level, Dogecoin price started a fresh increase. DOGE broke the $0.0725 resistance zone to move into a positive zone, like Bitcoin and Ethereum. The bulls were able to push the price further above the $0.0750 resistance. There was a clear move above the 50% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. However, the price seems to be struggling near the $0.0812 resistance. DOGE is now trading above the $0.0785 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair. On the upside, the price is facing resistance near the $0.0812 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. The next major resistance is near the $0.0835 level. Source: DOGEUSD on TradingView.com A close above the $0.0835 resistance might send the price toward the $0.088 resistance. The next major resistance is near $0.0920. Any more gains might send the price toward the $0.095 level. Are Dips Supported in DOGE? If DOGE’s price fails to gain pace above the $0.0812 level, it could start a downside correction. Initial support on the downside is near the $0.0792 level and the trend line. The next major support is near the $0.0770 level. If there is a downside break below the $0.0770 support, the price could decline further. In the stated case, the price might decline toward the $0.0710 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0792, $0.0770, and $0.0710. Major Resistance Levels – $0.0812, $0.0835, and $0.0880.

The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up.

The identity of Satoshi Nakamoto remains one of the greatest mysteries in the crypto world. Whether it’s a single individual or a group working under this pseudonym, Nakamoto’s true identity remains unknown. I came across this article and it stirred an interest in me🙈 submitted by /u/ChikyChikyBoom [link] [comments]

Ethereum price recovered from the $1,985 zone. ETH is showing positive signs and might rise further if it clears the $2,075 resistance. Ethereum is recovering higher from the $1,985 zone. The price is trading above $2,040 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above the 100-hourly Simple Moving Average. Ethereum Price Eyes Fresh Increase Ethereum price spiked before the $2,000 support before the bulls appeared. ETH traded as low as $1,986 and recently started a recovery wave, like Bitcoin. There was a decent increase above the $2,020 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $2,132 swing high to the $1,986 low. Besides, there was a break above a key bearish trend line with resistance near $2,040 on the hourly chart of ETH/USD. Ethereum is now trading above $2,040 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $2,075 zone. It is close to the 61.8% Fib retracement level of the downward move from the $2,132 swing high to the $1,986 low. The first key resistance is near the $2,100 level. The next resistance sits at $2,130. A clear move above the $2,130 level could send the price toward the $2,150 resistance zone. Source: ETHUSD on TradingView.com The next resistance is near $2,220, above which the price could aim for a move toward the $2,265 level. Any more gains could start a wave toward the $2,320 level. Another Decline in ETH? If Ethereum fails to clear the $2,075 resistance, it could start a fresh decline. Initial support on the downside is near the $2,045 level and the 100-hourly Simple Moving Average, below which the bears might gain strength. The next key support is $2,000. A downside break below $2,000 might spark a strong bearish move. The key support is now at $1,930, below which there is a risk of a move toward the $1,880 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $2,045 Major Resistance Level – $2,075

The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.

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Bitcoin price trimmed losses and climbed above $37,750. BTC gained pace but it is still struggling to clear the $38,500 resistance zone. Bitcoin is again facing heavy resistance near the $38,500 zone. The price is trading above $37,500 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance near $37,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is struggling to clear the $38,500 resistance and correcting gains. Bitcoin Price Extends Decline Bitcoin price revisited the $36,720 support zone. BTC managed to avoid a collapse and started a fresh increase above the $37,000 level. There was a clear move above the $37,500 level. Besides, there was a break above a major bearish trend line with resistance near $37,250 on the hourly chart of the BTC/USD pair. The pair surged above the $37,750 resistance. However, the bears were again active near the $38,500 resistance. A high was formed near $38,390 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the recent wave from the $36,720 swing low to the $38,390 high. Bitcoin is now trading above $37,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $38,200 level. The first major resistance is forming near $38,400. The main resistance is now near the $38,500 level. A close above the $38,500 resistance might start a strong increase. Source: BTCUSD on TradingView.com The next key resistance could be near $39,200, above which BTC could rise toward the $39,500 level. Any more gains might send BTC toward the $40,000 resistance. Another Drop In BTC? If Bitcoin fails to rise above the $38,400 resistance zone, it could start another decline. Immediate support on the downside is near the $37,600 level. The next major support is $37,500 or the 50% Fib retracement level of the recent wave from the $36,720 swing low to the $38,390 high. If there is a move below $37,500, there is a risk of more downsides. In the stated case, the price could drop toward the $36,720 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $37,600, followed by $37,500. Major Resistance Levels – $38,400, $38,500, and $39,200.

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Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year.

Legendary investor Charlie Munger may have once called Bitcoin “rat poison squared” — but that doesn’t mean crypto traders should ignore his years of investing wisdom.