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$SOL
#SolanaUSTD price analysis
As of the reporting time, Solana was trading at $134, reflecting daily gains of over 3%. However, over the past seven days, the token has plunged by over 7%.#Solana_Blockchain
Although Solana demonstrates bullish sentiment in the short term, technical analysis from TradingView points to a more bearish outlook. According to a summary of the one-day indicators, the token is dominated by a âsellâ signal at 14, with moving averages indicating a âstrong sellâ at 13. However, oscillators are âneutralâ at 7.
#LowestCPI2021 #CryptoMarketMoves
#SolanaUSTD price analysis
As of the reporting time, Solana was trading at $134, reflecting daily gains of over 3%. However, over the past seven days, the token has plunged by over 7%.#Solana_Blockchain
Although Solana demonstrates bullish sentiment in the short term, technical analysis from TradingView points to a more bearish outlook. According to a summary of the one-day indicators, the token is dominated by a âsellâ signal at 14, with moving averages indicating a âstrong sellâ at 13. However, oscillators are âneutralâ at 7.
#LowestCPI2021 #CryptoMarketMoves
$LINK
LINKâs $9 Lifeline#ChainlinkUpdate
Chainlink (#LINKđ„đ„đ„ ) is currently trading at $10.24, following a dip below the August 16 low of $9.92. LINK quickly recovered after briefly touching $9.84, signaling demand at this level. However, despite this bounce, LINK remains below the 4-hour 200 moving average (MA), a critical technical indicator currently at $10.80.
#ANALYSIS see this MA as a key level, and a successful move above it could indicate a shift in momentum, potentially pushing LINK toward the next resistance at around $11.50.
#CryptoMarketMoves #LowestCPI2021
LINKâs $9 Lifeline#ChainlinkUpdate
Chainlink (#LINKđ„đ„đ„ ) is currently trading at $10.24, following a dip below the August 16 low of $9.92. LINK quickly recovered after briefly touching $9.84, signaling demand at this level. However, despite this bounce, LINK remains below the 4-hour 200 moving average (MA), a critical technical indicator currently at $10.80.
#ANALYSIS see this MA as a key level, and a successful move above it could indicate a shift in momentum, potentially pushing LINK toward the next resistance at around $11.50.
#CryptoMarketMoves #LowestCPI2021
$DOGS
$DOGS
The chart shows the price action of DOGSUSDT for a 15-minute timeframe.#CryptoMarketMoves
**Technical Analysis:**
âąDownward Trend:The price has been trending downwards, indicated by the descending black line. This is a clear bearish signal.
âąSupport Level:The price is currently testing a support level around 0.0010600.
âąResistance: There is a resistance level near the price of 0.0011000.
âąMoving Averages: The 200 EMA (Super Secret 200 EMA) is below the price, indicating a short-term downtrend.
âąVolume: The volume is decreasing, which suggests that interest in the asset is declining.
**Disclaimer:** This is a technical analysis of the price action, not financial advice. It is crucial to conduct your research and understand the risks before making any investment decisions.
#DOGSONBINANCE #TON #LowestCPI2021
$DOGS
The chart shows the price action of DOGSUSDT for a 15-minute timeframe.#CryptoMarketMoves
**Technical Analysis:**
âąDownward Trend:The price has been trending downwards, indicated by the descending black line. This is a clear bearish signal.
âąSupport Level:The price is currently testing a support level around 0.0010600.
âąResistance: There is a resistance level near the price of 0.0011000.
âąMoving Averages: The 200 EMA (Super Secret 200 EMA) is below the price, indicating a short-term downtrend.
âąVolume: The volume is decreasing, which suggests that interest in the asset is declining.
**Disclaimer:** This is a technical analysis of the price action, not financial advice. It is crucial to conduct your research and understand the risks before making any investment decisions.
#DOGSONBINANCE #TON #LowestCPI2021
Chainlink $LINK
Two weeks ago, LINK broke out of a bearish pennant, a technical pattern that signals the continuation of a downtrend. Invalidating the bearish bias at that time drove LINKâs price to $12.62. #LINKđ„đ„đ„
However, later on, the altcoinâs value dropped by 19.38%, suggesting that the earlier surge was a fakeout. From the daily chart shown below, Chainlink bulls might be working toward sending the price higher. #BTCâ
Additionally, the resistance at $10.73 suggests that the cryptocurrency might fail to sustain the uptrend. If this happens, a notable pullback could be next. Going by the Fibonacci retracement indicator shown on the chart, LINKâs next target rests around $9.72.
#CryptoMarketMoves #LowestCPI2021
Two weeks ago, LINK broke out of a bearish pennant, a technical pattern that signals the continuation of a downtrend. Invalidating the bearish bias at that time drove LINKâs price to $12.62. #LINKđ„đ„đ„
However, later on, the altcoinâs value dropped by 19.38%, suggesting that the earlier surge was a fakeout. From the daily chart shown below, Chainlink bulls might be working toward sending the price higher. #BTCâ
Additionally, the resistance at $10.73 suggests that the cryptocurrency might fail to sustain the uptrend. If this happens, a notable pullback could be next. Going by the Fibonacci retracement indicator shown on the chart, LINKâs next target rests around $9.72.
#CryptoMarketMoves #LowestCPI2021
Signal
$SOL
Long at market price 154.33
100x leverage
Only use 1%margin
Sl > 150
$ETH
Long at market price 2584
50x leverage
Only 1% margin
Sl 2450
#CryptoMarketMoves #LowestCPI2021
$SOL
Long at market price 154.33
100x leverage
Only use 1%margin
Sl > 150
$ETH
Long at market price 2584
50x leverage
Only 1% margin
Sl 2450
#CryptoMarketMoves #LowestCPI2021
$DOGS
Another one, maximum profit with lowest investment.
What you think about.đ
#dogsday
#dogs #TelegramCEO #LowestCPI2021
Another one, maximum profit with lowest investment.
What you think about.đ
#dogsday
#dogs #TelegramCEO #LowestCPI2021
$BTC Overview.
Market liquidations over the last 24 hours, #CoinGlass. : ~54 K traders, totalling -$114 million -
-55% long positions and ~45% short positions.
We spend the weekend with a consolidation above the local resistance level as expected. This is a good signal to continue the upward movement next week. #LowestCPI2021
The upward movement reserve will be up to 66-69K. Perhaps we will test 70K. This will already be the fifth test of the downtrend.
If it is broken - the road to 72K
with the potential of ATH update will be opened,
If it fails to break above, we will see another decline to at least 60K.#CryptoMarketMoves
#PowellAtJacksonHole #Bitcoinâ
Market liquidations over the last 24 hours, #CoinGlass. : ~54 K traders, totalling -$114 million -
-55% long positions and ~45% short positions.
We spend the weekend with a consolidation above the local resistance level as expected. This is a good signal to continue the upward movement next week. #LowestCPI2021
The upward movement reserve will be up to 66-69K. Perhaps we will test 70K. This will already be the fifth test of the downtrend.
If it is broken - the road to 72K
with the potential of ATH update will be opened,
If it fails to break above, we will see another decline to at least 60K.#CryptoMarketMoves
#PowellAtJacksonHole #Bitcoinâ
What you think aboutâŠ!!!
Maximum profit with minimum investment..
Who can trade like this.?
$TIA
$METIS
#LowestCPI2021 #CryptoMarketMoves #profitatble
Maximum profit with minimum investment..
Who can trade like this.?
$TIA
$METIS
#LowestCPI2021 #CryptoMarketMoves #profitatble
Lesser investment higher profit.
Investment less than 1$
Who can made like this?? Come out
$BONK
$ETH
$ORDI
#LowestCPI2021 #CryptoMarketMoves #PowellAtJacksonHole
Investment less than 1$
Who can made like this?? Come out
$BONK
$ETH
$ORDI
#LowestCPI2021 #CryptoMarketMoves #PowellAtJacksonHole
$AAVE
Aaveâs price saw a surge of over 12% amid heightened whale activity and a broader jump in the global crypto markete
At the time of writing,Aave has become the 47th largest cryptocurrency, with its market cap exceeding $1.89 trillion as its price soared 12.4% on Aug. 20, trading at $126.9, according to data from crypto.news
Despite this rise, the cryptocurrency remains down 80.8% from its all-time high of $661.6, while its daily trading volume is staying at $392 million.
Meanwhile, blockchain analytics firm Lookonchain revealed that whales had significantly increased their holdings of Aave within just a three-hour window. According to their data, these large-scale investors acquired a total of 31,407 AAVE, valued at approximately $3.92 million.
In one instance, the whale address 0x3737 spent 813 ETH, equivalent to $2.18 million, to purchase 17,690 AAVE at a price of $123 per token. Another whale, identified by the address 0x1D15, withdrew 13,717 AAVE worth about $1.73 million from Binance. As of press time, that whale holds a total of 19,373 AAVE, valued at $2.45 million.
#CryptoMarketMoves #BinanceSquareCreatorAward #BinanceTurns7
Aaveâs price saw a surge of over 12% amid heightened whale activity and a broader jump in the global crypto markete
At the time of writing,Aave has become the 47th largest cryptocurrency, with its market cap exceeding $1.89 trillion as its price soared 12.4% on Aug. 20, trading at $126.9, according to data from crypto.news
Despite this rise, the cryptocurrency remains down 80.8% from its all-time high of $661.6, while its daily trading volume is staying at $392 million.
Meanwhile, blockchain analytics firm Lookonchain revealed that whales had significantly increased their holdings of Aave within just a three-hour window. According to their data, these large-scale investors acquired a total of 31,407 AAVE, valued at approximately $3.92 million.
In one instance, the whale address 0x3737 spent 813 ETH, equivalent to $2.18 million, to purchase 17,690 AAVE at a price of $123 per token. Another whale, identified by the address 0x1D15, withdrew 13,717 AAVE worth about $1.73 million from Binance. As of press time, that whale holds a total of 19,373 AAVE, valued at $2.45 million.
#CryptoMarketMoves #BinanceSquareCreatorAward #BinanceTurns7
$BTC
Despite the recent crypto marketâs volatility, #Bitcoinâ whales have been taking advantage of price dips and accumulating $BTC . As per data shared by Santiment, an on-chain crypto intelligence platform, Bitcoin whales with wallet holdings of 100 to 1000 $BTC have been accumulating $BTC . These wallets have roughly added 94,700 more $BTC to their holdings during the last 6 weeks. #BinanceSquareCreatorAward
đBitcoin Accumulations Show Whalesâ Confidence In $BTC Long-Term Potential
âąâąAlthough $BTC is trading below $60K and experiencing high volatility, stakeholders still believe in the long-term potential of Bitcoin. If we look at todayâs Fear & Greed Index, we shall come to know that the crypto market is indicating Fear. While, a few traders are selling their $BTC holdings to avoid major losses, at the same time whales are considering this time to be a perfect time to accumulate $BTC .
âąâąCrypto whales believe in the long-term potential of Bitcoin and are quite confident the $BTC shall break exponentially and touch new all-time highs (ATH). Considering such confidence, $BTC whales are accumulating maximum Bitcoins to their $BTC holdings amid the time of high price volatility. Past 6 months, these whales have roughly accumulated 94.7K $BTC .
đHow Do Smaller Traders and Whales React to Market Uncertainty?
During times of uncertainty or market downturn, many smaller traders become the victim of price fluctuations and start selling their holdings to avoid a major loss. Most of the time, they exit the crypto market by releasing their holdings, but on the other, whales find it the best opportunity to add assets to their existing holdings. Particularly, Bitcoin whales start buying $BTC regardless of selling pressure and yield the maximum profits during the bull run.
#BinanceTurns7 #CryptoMarketMoves
Despite the recent crypto marketâs volatility, #Bitcoinâ whales have been taking advantage of price dips and accumulating $BTC . As per data shared by Santiment, an on-chain crypto intelligence platform, Bitcoin whales with wallet holdings of 100 to 1000 $BTC have been accumulating $BTC . These wallets have roughly added 94,700 more $BTC to their holdings during the last 6 weeks. #BinanceSquareCreatorAward
đBitcoin Accumulations Show Whalesâ Confidence In $BTC Long-Term Potential
âąâąAlthough $BTC is trading below $60K and experiencing high volatility, stakeholders still believe in the long-term potential of Bitcoin. If we look at todayâs Fear & Greed Index, we shall come to know that the crypto market is indicating Fear. While, a few traders are selling their $BTC holdings to avoid major losses, at the same time whales are considering this time to be a perfect time to accumulate $BTC .
âąâąCrypto whales believe in the long-term potential of Bitcoin and are quite confident the $BTC shall break exponentially and touch new all-time highs (ATH). Considering such confidence, $BTC whales are accumulating maximum Bitcoins to their $BTC holdings amid the time of high price volatility. Past 6 months, these whales have roughly accumulated 94.7K $BTC .
đHow Do Smaller Traders and Whales React to Market Uncertainty?
During times of uncertainty or market downturn, many smaller traders become the victim of price fluctuations and start selling their holdings to avoid a major loss. Most of the time, they exit the crypto market by releasing their holdings, but on the other, whales find it the best opportunity to add assets to their existing holdings. Particularly, Bitcoin whales start buying $BTC regardless of selling pressure and yield the maximum profits during the bull run.
#BinanceTurns7 #CryptoMarketMoves
Crypto Prices Today August 20: BTC Tops $60K, Neo Soars 13%::
âąâąThe crypto prices today have ignited significant investor optimism across the globe, embarking upon a bullish momentum. #Bitcoinâ (BTC) price topped the $60K mark, whereas Ethereum, Solana, and XRP entered into the green territory. Simultaneously, Neo & Aave emerged among the dayâs top gainers. #BinanceSquareCreatorAward
đBitcoin ($BTC ) Price Today
âąBTC price rested at $60,920 today, up nearly 4% in the past 24 hours. Its 24-hour lows and highs are $57,864.71 and $60,917.40, respectively.
âąBitcoinâs dominance stood at 56.10% today, a 0.35% increase in the past 24 hours. BTCâs market cap stood at $1.2 trillion at press time.
đEthereum ($ETH ) Price Today
âąThe ETH price chart illustrated a nearly 1% upswing over the past day to reach $2,663. Its 24-hour lows and highs were recorded as $2,566.40 and $2,676.54, respectively.
âąEthereum gas fees recently dropped to a remarkable five-year low, fueling investor speculation on future price movements. Also, ETHâs market cap rested at $320.28 billion.#ETHETFsApproved
Solana ($SOL ) Price Today
The crypto SOLâs price saw a 2% increase in value to $146 today. Solanaâs intraday lows and highs are $141 and $147.54, respectively.
#LowestCPI2021
#Xrpđ„đ„ Price Today
Meanwhile, XRPâs price soared 7% over the past day and is trading at $0.6087. Its 24-hour lows and highs are $0.5658 and $0.6094, respectively.
DOGE & SHIB Prices Today
Dogecoin (DOGE) price saw a 4% increase in value to $0.104 today, aligning with the broader market trend. Similarly, Shiba Inu (SHIB) price saw a 3% pump in value to $0.00001361.
âąâąThe crypto prices today have ignited significant investor optimism across the globe, embarking upon a bullish momentum. #Bitcoinâ (BTC) price topped the $60K mark, whereas Ethereum, Solana, and XRP entered into the green territory. Simultaneously, Neo & Aave emerged among the dayâs top gainers. #BinanceSquareCreatorAward
đBitcoin ($BTC ) Price Today
âąBTC price rested at $60,920 today, up nearly 4% in the past 24 hours. Its 24-hour lows and highs are $57,864.71 and $60,917.40, respectively.
âąBitcoinâs dominance stood at 56.10% today, a 0.35% increase in the past 24 hours. BTCâs market cap stood at $1.2 trillion at press time.
đEthereum ($ETH ) Price Today
âąThe ETH price chart illustrated a nearly 1% upswing over the past day to reach $2,663. Its 24-hour lows and highs were recorded as $2,566.40 and $2,676.54, respectively.
âąEthereum gas fees recently dropped to a remarkable five-year low, fueling investor speculation on future price movements. Also, ETHâs market cap rested at $320.28 billion.#ETHETFsApproved
Solana ($SOL ) Price Today
The crypto SOLâs price saw a 2% increase in value to $146 today. Solanaâs intraday lows and highs are $141 and $147.54, respectively.
#LowestCPI2021
#Xrpđ„đ„ Price Today
Meanwhile, XRPâs price soared 7% over the past day and is trading at $0.6087. Its 24-hour lows and highs are $0.5658 and $0.6094, respectively.
DOGE & SHIB Prices Today
Dogecoin (DOGE) price saw a 4% increase in value to $0.104 today, aligning with the broader market trend. Similarly, Shiba Inu (SHIB) price saw a 3% pump in value to $0.00001361.
$LINK
#Chainlink price prediction shows the asset is in a bearish continuation pattern, known as a Bear Pennant. This indicates that LINK may continue its downtrend after a period of consolidation.#BinanceSquareCreatorAward
If the price follows through with the Bear Pennant pattern, LINK will likely find support around the $10.49 level, but a break below this could push the price toward the next support near $9.00. Below that, a long-term support target could be set around $5.50, based on the flagpoleâs projected downward height. This represents a 47% drop from the current price.#LINKđ„đ„đ„
All the exponential moving averages (EMAs) are sloping and expanding downward, confirming the bearish sentiment. Chainlink price is also trading below all of them, reinforcing the downtrend.
If the LINK price breaks above $10.85, this could invalidate the Bear Pennant and bearish thesis. LINK would test the next major resistance at $12.04 and finally at $14.50
#BinanceTurns7
#Chainlink price prediction shows the asset is in a bearish continuation pattern, known as a Bear Pennant. This indicates that LINK may continue its downtrend after a period of consolidation.#BinanceSquareCreatorAward
If the price follows through with the Bear Pennant pattern, LINK will likely find support around the $10.49 level, but a break below this could push the price toward the next support near $9.00. Below that, a long-term support target could be set around $5.50, based on the flagpoleâs projected downward height. This represents a 47% drop from the current price.#LINKđ„đ„đ„
All the exponential moving averages (EMAs) are sloping and expanding downward, confirming the bearish sentiment. Chainlink price is also trading below all of them, reinforcing the downtrend.
If the LINK price breaks above $10.85, this could invalidate the Bear Pennant and bearish thesis. LINK would test the next major resistance at $12.04 and finally at $14.50
#BinanceTurns7
VanEck, 21Shares Solana ETFs Hit Roadblock as CBOE Pulls Filings: #VanEck_SOL_ETFS
After BTC, ETH ETFs were approved for trading in the United States, multiple fund providers set their sights on Solana. Solana ETFs could be the next major target as filing proposals to offer similar crypto ETFs.#LowestCPI2021
This optimism was fueled by the recent approval of a Solana ETF in Brazil. This led experts to predict that a U.S. counterpart was imminent. However, recent developments have cast a significant shadow over these expectations.
đSolana ETF Expectations:
In a surprising turn of events, the Chicago Board Options Exchange (CBOE) has withdrawn the Solana ETF filings from asset managers VanEck and 21Shares.
The removal of these filings from the CBOEâs website has created uncertainty about the immediate future of Solana ETFs in the U.S.
đSOL Market Performance$SOL
SOL has seen a significant decline, falling over 9.9% in the past week to a low of $139.48 as of August 16. Over the past 30 days, SOL has experienced a 14% drop, with a 90-day decrease of 18%.
Despite the decline in price and the heightened trading activity, SOLâs market capitalization has decreased to $64.52 billion. Nevertheless, it remains the fifth-largest cryptocurrency according to CoinMarketCap data.
#BinanceSquareCreatorAward
After BTC, ETH ETFs were approved for trading in the United States, multiple fund providers set their sights on Solana. Solana ETFs could be the next major target as filing proposals to offer similar crypto ETFs.#LowestCPI2021
This optimism was fueled by the recent approval of a Solana ETF in Brazil. This led experts to predict that a U.S. counterpart was imminent. However, recent developments have cast a significant shadow over these expectations.
đSolana ETF Expectations:
In a surprising turn of events, the Chicago Board Options Exchange (CBOE) has withdrawn the Solana ETF filings from asset managers VanEck and 21Shares.
The removal of these filings from the CBOEâs website has created uncertainty about the immediate future of Solana ETFs in the U.S.
đSOL Market Performance$SOL
SOL has seen a significant decline, falling over 9.9% in the past week to a low of $139.48 as of August 16. Over the past 30 days, SOL has experienced a 14% drop, with a 90-day decrease of 18%.
Despite the decline in price and the heightened trading activity, SOLâs market capitalization has decreased to $64.52 billion. Nevertheless, it remains the fifth-largest cryptocurrency according to CoinMarketCap data.
#BinanceSquareCreatorAward
#Bitcoinâ price loss, which occurred at a crucial support level, impacted the entire crypto market. Investors sold off following lower-than-expected US Consumer Price Index (CPI) data.#LowestCPI2021
đBitcoin (BTC) Weekly Wrap::
âąBitcoinâs price fell by over 5% in the last seven days as crypto investors moved to sell. $BTC and the rest of the market rose slightly this week following the release of inflation data but fell soon after due to profit-taking.
âąThis led to BTC losing the crucial support of $60,000, resulting in Bitcoinâs price trading at $58k at the time of writing. Looking to bounce off the support at $58,200 BTC, BTC could recover $60,000 as support.
âąHowever, if this does not happen and the decline continues, the crypto asset could end up losing $57,000. The next crucial support lies at $54,500, and testing it would invalidate the bullish thesis.
đEthereum ($ETH ) Weekly Wrap
âą#etherreum Ethereumâs price has failed to secure a recovery, rising by 11.75%, trading at $2,618 at the moment. The altcoin king did not manage to close above the resistance at $2,681 despite breaching it twice in the last week.#ETHETFsApproved
âąThe likelihood of a price decline in ETH looms, though it may not drop below $2,400. The next key support level is at $2,344, but the altcoin could stay nearer to the resistance level of $2,681.
âąHowever, if bearish cues dominate the market and ETH notes a decline, it could fall to test the support at $2,344, invalidating the bullish thesis.
#BinanceTurns7
đBitcoin (BTC) Weekly Wrap::
âąBitcoinâs price fell by over 5% in the last seven days as crypto investors moved to sell. $BTC and the rest of the market rose slightly this week following the release of inflation data but fell soon after due to profit-taking.
âąThis led to BTC losing the crucial support of $60,000, resulting in Bitcoinâs price trading at $58k at the time of writing. Looking to bounce off the support at $58,200 BTC, BTC could recover $60,000 as support.
âąHowever, if this does not happen and the decline continues, the crypto asset could end up losing $57,000. The next crucial support lies at $54,500, and testing it would invalidate the bullish thesis.
đEthereum ($ETH ) Weekly Wrap
âą#etherreum Ethereumâs price has failed to secure a recovery, rising by 11.75%, trading at $2,618 at the moment. The altcoin king did not manage to close above the resistance at $2,681 despite breaching it twice in the last week.#ETHETFsApproved
âąThe likelihood of a price decline in ETH looms, though it may not drop below $2,400. The next key support level is at $2,344, but the altcoin could stay nearer to the resistance level of $2,681.
âąHowever, if bearish cues dominate the market and ETH notes a decline, it could fall to test the support at $2,344, invalidating the bullish thesis.
#BinanceTurns7
$ARB
The ARB price is currently moving within a bullish falling wedge pattern, with potential for a 51.48% Arbitrum rally to around $0.8124. #ARBÄ°TRUM
âąARB price is in a strong downtrend but could see a potential bounce.
âąArbitrum DAO has approved the proposal to enable ARB staking on the Layer 2 network. #DAOs
âąOver $1.276 million of buy limit orders between $0.52 and $0.53 may hold the price up.
đARB Price Revival Likely as Arbitrum DAO Approves Staking:
The Arbitrum DAO has approved the proposal to enable ARB staking on the Layer 2 network. The proposal was published by Frission, an Arbitrum delegate, on June 24 because he observed the ARB token was struggling to accrue value and its usage as a governance token.
#BinanceTurns7 #MtGoxJulyRepayments #MarketDownturn
The ARB price is currently moving within a bullish falling wedge pattern, with potential for a 51.48% Arbitrum rally to around $0.8124. #ARBÄ°TRUM
âąARB price is in a strong downtrend but could see a potential bounce.
âąArbitrum DAO has approved the proposal to enable ARB staking on the Layer 2 network. #DAOs
âąOver $1.276 million of buy limit orders between $0.52 and $0.53 may hold the price up.
đARB Price Revival Likely as Arbitrum DAO Approves Staking:
The Arbitrum DAO has approved the proposal to enable ARB staking on the Layer 2 network. The proposal was published by Frission, an Arbitrum delegate, on June 24 because he observed the ARB token was struggling to accrue value and its usage as a governance token.
#BinanceTurns7 #MtGoxJulyRepayments #MarketDownturn
Crypto Prices Today:
Bitcoin Price Today:
$BTC price rested at $58,158.64 today, a marginal 0.08% decrease in the past 24 hours. Its daily lows and highs were recorded as $56,161.59 and $59,838.65, respectivelyâą
#Bitcoinâ dominance stood at 55.83%, a 0.29% increase over the past day. The flagship cryptoâs market cap stood at $1.14 trillion.
Ethereum Price Today:
Meanwhile, the $ETH price rested at $2,584.51 today, a 2,31% drop in the past 24 hours. Its daily slumps and peaks were recorded at $2,518.67 and $2,675.31, respectively.
Solana Price Today:
The crypto SOLâs price witnessed a 1.36% downfall in value to trade at $142.23 today. Its 24-hour lows and highs are $141.01 and $147.35, respectively.#SolanaUSTD
XRP Price Today:
The $XRP price chart illustrated a 1.11% fall in value to reach $0.5639. Its 24-hour lows and tops were recorded as $0.5525 and $0.5727, respectively.
DOGE & SHIB Prices Today:
Simultaneously, the DOGE price slipped 1.60% to $0.1009 today, whereas SHIB waned 1.98% to $0.00001335.#dogeâĄ
Additionally, itâs worth mentioning that Pepe coin (PEPE), dogwifhat (WIF), and Bonk tumbled 3%-7%.
#pepe⥠#BinanceTurns7
Bitcoin Price Today:
$BTC price rested at $58,158.64 today, a marginal 0.08% decrease in the past 24 hours. Its daily lows and highs were recorded as $56,161.59 and $59,838.65, respectivelyâą
#Bitcoinâ dominance stood at 55.83%, a 0.29% increase over the past day. The flagship cryptoâs market cap stood at $1.14 trillion.
Ethereum Price Today:
Meanwhile, the $ETH price rested at $2,584.51 today, a 2,31% drop in the past 24 hours. Its daily slumps and peaks were recorded at $2,518.67 and $2,675.31, respectively.
Solana Price Today:
The crypto SOLâs price witnessed a 1.36% downfall in value to trade at $142.23 today. Its 24-hour lows and highs are $141.01 and $147.35, respectively.#SolanaUSTD
XRP Price Today:
The $XRP price chart illustrated a 1.11% fall in value to reach $0.5639. Its 24-hour lows and tops were recorded as $0.5525 and $0.5727, respectively.
DOGE & SHIB Prices Today:
Simultaneously, the DOGE price slipped 1.60% to $0.1009 today, whereas SHIB waned 1.98% to $0.00001335.#dogeâĄ
Additionally, itâs worth mentioning that Pepe coin (PEPE), dogwifhat (WIF), and Bonk tumbled 3%-7%.
#pepe⥠#BinanceTurns7
Price analysis 8/14: $BTC , $ETH , $SOL
#Bitcoinâ is struggling to maintain above the psychological level of $60,000, indicating that the bears are active at higher levels.
âąThe bears will try to strengthen their position and sink the BTC/USDT pair to the critical support at $55,724. This level is likely to attract solid buying by the bulls. If the price rebounds off $55,724, the bulls will again try to drive the pair above the moving averages. If they succeed, the pair could start a rally to $70,000. The bears are expected to fiercely defend the zone between $70,000 and $73,777. #MarketDownturn
đEther price analysis::
âąEther has continued to rise higher but failed to retest the breakdown level of $2,850, indicating hesitation to buy at higher levels.
âąThe ETH/USDT pair is likely to witness a tough battle near $2,850. If the price turns down sharply from $2,850, it will signal that the bears are trying to flip the level into resistance. The pair could slide to $2,500 and subsequently to $2,300.#ETHETFsApproved
âąOn the contrary, if buyers drive the price above $2,850, it will suggest that the markets have rejected the lower levels. The pair may then attempt a rally to the 50-day simple moving average ($3,118), which is likely to attract sellers.
đSolana price analysis::
âąSOL has been stuck inside the large range of $116 to $210 for several months, indicating buying on dips and selling on rallies.#SolanaUSTD
âąThe bulls are trying to form a higher low at $141 but they are finding it difficult to push the price above the 20-day EMA ($153). If the price turns down from the 20-day EMA and breaks below $141, the selling could pick up, and the SOL/USDT pair may plummet to $130.
âąInstead, if the price turns up and breaks above the 20-day EMA, it will suggest that the bulls are trying to make a comeback. There is a minor resistance at $164, but the rally could reach $189 if this level is crossed.
#BinanceTurns7
#Bitcoinâ is struggling to maintain above the psychological level of $60,000, indicating that the bears are active at higher levels.
âąThe bears will try to strengthen their position and sink the BTC/USDT pair to the critical support at $55,724. This level is likely to attract solid buying by the bulls. If the price rebounds off $55,724, the bulls will again try to drive the pair above the moving averages. If they succeed, the pair could start a rally to $70,000. The bears are expected to fiercely defend the zone between $70,000 and $73,777. #MarketDownturn
đEther price analysis::
âąEther has continued to rise higher but failed to retest the breakdown level of $2,850, indicating hesitation to buy at higher levels.
âąThe ETH/USDT pair is likely to witness a tough battle near $2,850. If the price turns down sharply from $2,850, it will signal that the bears are trying to flip the level into resistance. The pair could slide to $2,500 and subsequently to $2,300.#ETHETFsApproved
âąOn the contrary, if buyers drive the price above $2,850, it will suggest that the markets have rejected the lower levels. The pair may then attempt a rally to the 50-day simple moving average ($3,118), which is likely to attract sellers.
đSolana price analysis::
âąSOL has been stuck inside the large range of $116 to $210 for several months, indicating buying on dips and selling on rallies.#SolanaUSTD
âąThe bulls are trying to form a higher low at $141 but they are finding it difficult to push the price above the 20-day EMA ($153). If the price turns down from the 20-day EMA and breaks below $141, the selling could pick up, and the SOL/USDT pair may plummet to $130.
âąInstead, if the price turns up and breaks above the 20-day EMA, it will suggest that the bulls are trying to make a comeback. There is a minor resistance at $164, but the rally could reach $189 if this level is crossed.
#BinanceTurns7
đBitcoin $BTC climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions: #MtGoxJulyRepayments
âąBitcoinâs price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange.
âąThe rally, which saw the leading crypto jump by nearly 5% in just one hour, has ignited renewed optimism in the market.
âąBitcoin gave up some of the dayâs gains after a minor rejection from the daily peak. However, the flagship crypto was still up 3.75% over the past 24 hours and trading at $60,770 based on CryptoSlate data.
đ#Altcoinsđđ follow ::
The top altcoins saw similar gains for the day, with Ethereum ($ETH ) up 1.7% over the last 24 hours to $2,700 as of press time. The coin hit a daily high of $2,728.#ETHETFsApproved
Solana ($SOL ) hit a daily high of $149.7 before giving up some of the gains. The coin was up 2.35% over the past 24 hours and trading at $147 as of press time.
#BNBToken was also up roughly 2.2% over the past 24 hours and trading at $521.5 as of press time, while XRP was up over 3.22% to $0.58.
#Toncoin (TON), Dogecoin (DOGE), and Cardano (ADA) recorded comparatively minor gains for the day â up 0.93%, 1.19%, and 1.38%, respectively.
âąBitcoinâs price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange.
âąThe rally, which saw the leading crypto jump by nearly 5% in just one hour, has ignited renewed optimism in the market.
âąBitcoin gave up some of the dayâs gains after a minor rejection from the daily peak. However, the flagship crypto was still up 3.75% over the past 24 hours and trading at $60,770 based on CryptoSlate data.
đ#Altcoinsđđ follow ::
The top altcoins saw similar gains for the day, with Ethereum ($ETH ) up 1.7% over the last 24 hours to $2,700 as of press time. The coin hit a daily high of $2,728.#ETHETFsApproved
Solana ($SOL ) hit a daily high of $149.7 before giving up some of the gains. The coin was up 2.35% over the past 24 hours and trading at $147 as of press time.
#BNBToken was also up roughly 2.2% over the past 24 hours and trading at $521.5 as of press time, while XRP was up over 3.22% to $0.58.
#Toncoin (TON), Dogecoin (DOGE), and Cardano (ADA) recorded comparatively minor gains for the day â up 0.93%, 1.19%, and 1.38%, respectively.
$BTC
âąâąJustin Sun moved $30 million BTC to Binance::
On August 11, 2024, Sun had transferred a notable 500 #BTCâ worth $30.3 million to a Binance deposit. However, he later transferred 513.4 BTC worth $31.2 million to a new wallet.
However, it is highly unpredictable what he plans to do. So, far in 2024, he has deposited a massive 2,969 BTC worth $164 million to HTX and Binance at an average price of $55,185.
đBTC price overview::
Following this massive transfer, there hasnât been any impact on the price of #Bitcoinâ . At press time, BTC is trading near the $61,000 $60500 level and has experienced a price jump of 0.5% in the last 24 hours. Despite the price stability, BTCâs trading volume has dropped by over 55% during the same period. This decrease in the trading volume suggests lower participation from traders and investors.
Meanwhile, BTCâs open interest also seems to be struggling as it experienced a 0.5% increase in the last 24 hours. This stability in the OI indicates a lower interest from traders. #MtGoxJulyRepayments
đBitcoin technical analysis::
BTC is in an uptrend as it is moving above the 200 Exponential Moving Average (EMA) on a daily time frame. However, it has been in a consolidation phase for the last 4 days. A breakout of this consolidation will play an important role in the upcoming price rally. #MarketDownturn
If BTC gives a breakout of this consolidation zone and closes a daily candle above the $61,700 level, there is a high possibility it could soar to the $68,000 level. Conversely, if BTC gives a breakdown of this consolidation zone, there is a high chance it may experience a massive sell-off to the $58,000 level.
#BinanceTurns7
âąâąJustin Sun moved $30 million BTC to Binance::
On August 11, 2024, Sun had transferred a notable 500 #BTCâ worth $30.3 million to a Binance deposit. However, he later transferred 513.4 BTC worth $31.2 million to a new wallet.
However, it is highly unpredictable what he plans to do. So, far in 2024, he has deposited a massive 2,969 BTC worth $164 million to HTX and Binance at an average price of $55,185.
đBTC price overview::
Following this massive transfer, there hasnât been any impact on the price of #Bitcoinâ . At press time, BTC is trading near the $61,000 $60500 level and has experienced a price jump of 0.5% in the last 24 hours. Despite the price stability, BTCâs trading volume has dropped by over 55% during the same period. This decrease in the trading volume suggests lower participation from traders and investors.
Meanwhile, BTCâs open interest also seems to be struggling as it experienced a 0.5% increase in the last 24 hours. This stability in the OI indicates a lower interest from traders. #MtGoxJulyRepayments
đBitcoin technical analysis::
BTC is in an uptrend as it is moving above the 200 Exponential Moving Average (EMA) on a daily time frame. However, it has been in a consolidation phase for the last 4 days. A breakout of this consolidation will play an important role in the upcoming price rally. #MarketDownturn
If BTC gives a breakout of this consolidation zone and closes a daily candle above the $61,700 level, there is a high possibility it could soar to the $68,000 level. Conversely, if BTC gives a breakdown of this consolidation zone, there is a high chance it may experience a massive sell-off to the $58,000 level.
#BinanceTurns7
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