Buying bitcoin in Europe with Abra - cyptoranking.com

2024-05-06

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"People might be holding off on inscribing until this is resolved to be more confident in the inscription number they get," Stevens added.Billionaire Paul Tudor Jones Still Likes Bitcoin Despite Price Drop Fang also mentioned that OK Group recently sunsetted the “Okcoin” brand and product in a few regions, including Latin America, the Middle East and North Africa, South Asia, Hong Kong and other regions. Buying bitcoin in Europe with Abra— Star Atlas (@staratlas) October 9, 2023 DOT Disappoints and Dumps Again

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Bitcoin’s (BTC) weakness on Sept. 24 shows that the bears remain in control. Sellers are trying to pull the price below $26,000, but the bulls are likely to defend the level with vigor. Buyers are trying to achieve a positive monthly close for Bitcoin in September for the first time since 2016.If they can pull it off, it will be a major sentiment booster, as October generally favors the buyers. According to CoinGlass data, Bitcoin has seen a negative monthly close in October only on two occasions, in 2014 and 2018. However, Bitcoin bulls will find it difficult to maintain the momentum if macroeconomic headwinds persist.Daily cryptocurrency market performance. Source: Coin360Another risk to the cryptocurrency recovery may come from the strength of the greenback, which has risen for 10 straight weeks, its longest winning streak since 2014. The U.S. Dollar Index (DXY) has also formed a golden cross, indicating further potential upside in the near term.Will the U.S. dollar extend its gains or witness a short-term correction? Can Bitcoin bulls hold off the bear pressure in the last week of September? Let’s analyze the charts to find out.S&P 500 index price analysisThe S&P 500 index turned down sharply from the downtrend line and broke below the moving averages on Sept. 15. This started a downward move, which has reached the crucial support at 4,325.SPX daily chart. Source: TradingViewThe 20-day exponential moving average (EMA) (4,422) has started to turn down, and the relative strength index (RSI) is near the oversold territory, indicating that bears have the edge. If the price maintains below 4,325, the index will complete a bearish head-and-shoulders (H&S) pattern. This negative setup has a target objective of 4,043.If bulls want to prevent the fall, they will have to quickly drive the price above the 20-day EMA. That could attract further buying, and the bulls will then attempt to kick the price above the downtrend line. If they manage to do that, the index has a good chance of retesting the local high at 4,607.U.S. Dollar Index price analysisThe U.S. Dollar Index bounced off the 20-day EMA (104.85) on Sept. 20, indicating that the sentiment remains positive and traders are buying on dips.DXY daily chart. Source: TradingViewThe up-move is likely to hit a wall at 106. This is the key level to keep an eye on in the near term. If the price turns down from this resistance but bounces off the 20-day EMA, it will enhance the prospects of a rally above 106. The next resistance on the upside is at 108.Sellers will have to yank the price back below the 20-day EMA if they want to weaken the bullish momentum. The index could then drop to 104.40 and later to the 50-day simple moving average (SMA) (103.35).Bitcoin price analysisThe uncertainty from the inside-day candlestick pattern on Sept. 22 and 23 resolved to the downside on Sept. 24. This suggests that the bears have asserted their supremacy.BTC/USDT daily chart. Source: TradingViewThe sellers will try to strengthen their position further by pulling the price to the solid support at $24,800. This remains the key level to watch out for in the near term, as the bulls are expected to defend it with all their might. If the $24,800 support gives way, the BTC/USDT pair could start a downward move to $20,000.Time is running out for the bulls. If they want to start a meaningful recovery, they will have to push and sustain the price above the moving averages. That will open the doors for a retest of the overhead resistance at $28,143.Ether price analysisEther (ETH) has been gradually slipping toward the pivotal level at $1,531, suggesting a lack of buying support from the bulls.ETH/USDT daily chart. Source: TradingViewAlthough the downsloping moving averages indicate an advantage to sellers, the RSI is showing signs of forming a bullish divergence. This suggests that the selling pressure could be reducing. This increases the likelihood of a bounce off $1,531. If bulls shove the price above the 20-day EMA ($1,616), it will signal a range-bound action between $1,531 and $1,746 for a few days. This view will invalidate if bears sink and sustain the ETH/USDT pair below $1,531. The pair could then plummet to $1,368.BNB price analysisBNB (BNB) has been swinging between $220 and $203 for the past few days. In a range, traders generally buy near the support and sell close to the resistance. BNB/USDT daily chart. Source: TradingViewBoth moving averages are sloping down, indicating an advantage to bears, but the RSI is trying to form a bullish divergence. This suggests that the bearish momentum may be weakening. Buyers are likely to defend the $203 level with vigor. If the price rises from the current level or bounces off $203, it will suggest that the range-bound action may continue for some more time. Sellers will need to tug the price below the critical support at $203 to take charge. The BNB/USDT pair could then plunge to $183.XRP price analysisAfter staying above the 20-day EMA ($0.50) for a few days, XRP (XRP) tumbled below the level on Sept. 24. This suggests that the bears have gained the upper hand.XRP/USDT daily chart. Source: TradingViewXRP price could fall to the uptrend line, which is expected to act as a strong support. If the price rebounds off the uptrend line, the bulls will again try to shove the price above the 20-day EMA. If they do that, it will signal aggressive buying at lower levels. The pair may then climb to the 50-day SMA ($0.53).Contrarily, if the uptrend line fails to hold, XRP price could first slump to $0.46 and thereafter to the formidable support at $0.41. This level is likely to attract strong buying by the bulls.Cardano price analysisCardano’s ADA (ADA) dropped to the critical support at $0.24 on Sept. 25, indicating that the bears have maintained their pressure.ADA/USDT daily chart. Source: TradingViewA minor advantage in favor of the bulls is that the RSI is forming a bullish divergence. The bulls will have to quickly shove the ADA/USDT pair above the downtrend line to reduce the risk of a breakdown below $0.24. If they can pull it off, the bearish descending triangle will be rendered invalid, which could boost the price to $0.29.Instead, if bears drag ADA price below $0.24, it will complete the bearish setup. That could start a downward move toward $0.22 and subsequently to the pattern target of $0.19.Related: How much is Bitcoin worth today?Dogecoin price analysisDogecoin (DOGE) is stuck inside a tight range between $0.06 and the 20-day EMA ($0.06). Typically, a volatility squeeze is followed by an expansion in volatility, but it is difficult to predict the direction of the breakout.DOGE/USDT daily chart. Source: TradingViewIf the price turns up off the current level, the bulls will again try to clear the overhead hurdle at the 20-day EMA. If they succeed, the DOGE/USDT pair could rise to $0.07 and later sprint to $0.08. The bears are expected to sell near this level.Alternatively, if the range resolves to the downside with a break below $0.06, it will indicate that bears have seized control. DOGE price may then nosedive to the next major support at $0.055.Toncoin price analysisToncoin (TON) turned down sharply from the overhead resistance at $2.59 on Sept. 20 and continued lower, indicating that the bulls are booking profits.TON/USDT daily chart. Source: TradingViewThe first support on the downside is at the 20-day EMA ($2.11). If the price rebounds off this level with strength, it will suggest that the sentiment remains positive and traders are buying on dips. The bulls will then again try to push the price to $2.59.Contrary to this assumption, if the price skids below the 20-day EMA, it will indicate that the bulls are losing their grip. The TON/USDT pair could first dip to the psychological level of $2 and later to the 50-day SMA ($1.72). A deeper correction is likely to delay the next leg of the up-move.Solana price analysisSolana’s SOL (SOL) has been clinging to the 20-day EMA ($19.53) for the past few days, indicating a tough battle between the bulls and the bears.SOL/USDT daily chart. Source: TradingViewThe flattish 20-day EMA and the RSI just below the midpoint indicate a balance between supply and demand. On the upside, the bulls will have to thrust the price above the 50-day SMA ($20.80) to signal the start of a recovery to $22.30.Conversely, if the price turns down from the current level, it will suggest that the bears are back in command. The SOL/USDT pair could then retest the important support at $17.33. If this level snaps, the pair may collapse to $14.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. In September 2023, the coin issuance equation experienced an inversion as dynamic base fees decreased due to reduced network activity. According to data from the Ethereum analytics provider ultrasound.money, the supply of ETH has increased by 30,064 ETH in the past 30 days due to decreased activity in the burn mechanism. Buy Tether (USDT) with NZD-Easy Crypto New ZealandDrawing on the concerns of Lido’s control over staked ether on Ethereum, Talasani notes in a press release reviewed by Blockworks that by merging with the Hub and having ATOM, the Cosmos Hub’s native token, become its governance token the project could remove any centralization fears. AWS Choice Award: NeoWizard

The SEC’s case against Coinbase isn’t “extraordinary,” the association said, citing the Howey Test, a 1946 U.S. Supreme Court case involving citrus groves that the SEC often uses to determine whether transactions are investment contracts and thus subject to securities laws. Some in the crypto industry have disagreed with the SEC’s application of that court case. Users of Friend.tech — a decentralized social network — have recently been targeted by numerous hacker attacks. paxful.com Competitors-Top Sites Like paxful.comAt present, Tornado's TVL sits at approximately 118.3K ETH, equivalent to about $187.9 million, according to data provided by Arkham. Social media

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.AntPool is now the biggest Bitcoin mining pool, reaping $20M in 3 days Overall, the news surrounding Ether has been predominantly negative, which accounts for its recent poor performance. Factors contributing to this trend include increased regulatory risks for tokens and exchanges, the resumption of net coin issuance, sales by Vitalik and the Ethereum Foundation, and weaker-than-expected demand for the futures-based ETF. How to Use Binance Smart Chain if You Can't ..."BTC enjoys the 'commodity' asset category while ETH remains unclear. This crypto sector regulatory issue has a much higher impact on ETH," Magadini noted. Saiers caused a buzz with his first guerilla installation in 2018, where he inflated a towering “crypto rat” in Manhattan’s Financial District, staring down the Federal Reserve.

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