Elbaite-The Most Trusted Cryptocurrency Exchange in Australia - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-15

Popular crypto exchanges(2023 Update) 2024-05-15
Image: cyptoranking.com

Crew Owner: These are the pillars that forge tight-knit drifting communities, fostering camaraderie among pack members. The United States’ equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls could not sustain the higher levels. In the end, Bitcoin finished the week with a marginal loss of 0.5%.One of the main reasons Bitcoin gave back its gains was because the Securities and Exchange Commission delayed its decision on all spot Bitcoin exchange-traded fund (ETF) applications. However, this has not dented the expectations of analysts. In a recent note, JPMorgan analysts said that the regulator will eventually approve several Bitcoin ETFs.Daily cryptocurrency market performance. Source: Coin360The short-term price action in Bitcoin remains in flux, but that has not deterred the long-term investors who have held onto their stockpile. Glassnode data shows that the currently mined supply dormant for three years or more has hit a new high of 40.538%.Could Bitcoin break out of its range in the next few days? What are the important levels to watch out for? Let’s analyze the charts to find out.S&P 500 index price analysisThe S&P 500 index broke above the moving averages on Aug. 29, indicating that bulls have started a strong relief rally. SPX daily chart. Source: TradingViewIf buyers sustain the price above the moving averages, it will suggest that the sentiment remains positive and traders are buying on minor dips. That will enhance the prospects of a rally above the overhead resistance at 4,607. If this level is conquered, the index will try to rise to 4,650 and subsequently to 4,800.Resuming the uptrend is likely to be a difficult task, as the bears will try to yank the price below the moving averages. If they do that, the pair may slump to the strong support at 4,325. The bears will have to break this level to start a new downtrend. U.S. Dollar Index price analysisThe U.S. Dollar Index (DXY) bounced off the downtrend line on Aug. 30 and 31, indicating that the bulls have flipped the level into support.DXY daily chart. Source: TradingViewThe bulls will next try to propel the price above 104.45 and start a rally to the overhead resistance at 106. This level is likely to witness aggressive selling by the bears because a break above it will indicate that the downtrend may be over. The index could then rise to 108. The important support to watch for on the downside is the downtrend line. If this support crumbles, the index may descend to the 50-day simple moving average (SMA) (102.41) and eventually to the critical support at 100.82. Bitcoin price analysisBitcoin is trading near the support of the large range between $24,800 and $31,000. When the price trades inside a range, bulls generally purchase the drop near the support and sell close to the resistance.BTC/USDT daily chart. Source: TradingViewThe $24,800 level will witness an intense battle between the bulls and the bears. If this level gives way, the selling is likely to accelerate, and the BTC/USDT pair could nosedive to the crucial support at $20,000. There is a minor support at $24,000, but it may not hold for long. Another possibility is that the price turns up from the current level. If bulls surmount the barrier at $26,833, the pair could accelerate to the 50-day SMA ($28,221). Such a move will suggest that the pair may extend its stay inside the $24,800–$31,000 range for even longer. Ether price analysisEther (ETH) dipped below the strong support at $1,626 on Sept. 1, but the long tail on the candlestick shows solid buying at lower levels.ETH/USDT daily chart. Source: TradingViewThe bulls are trying to salvage the situation but are struggling to start a rebound. This suggests a lack of demand at higher levels. Both moving averages are sloping down, and the RSI is in negative territory, indicating that the bears remain in command.If sellers drag the price below $1,600, the ETH/USDT pair could dive to the Aug. 17 intraday low of $1,550. This is the pivot level in the near term because a fall below it may open the gates for a decline to $1,368.The first sign of strength will be a break above the 20-day exponential moving average (EMA) ($1,684). The pair could then rise to the overhead resistance at $1,750.BNB price analysisBNB (BNB) has been trading below the breakdown level of $220 for the past few days, but the bears have not been able to build upon their advantage. BNB/USDT daily chart. Source: TradingViewThe failure to sink the price below the psychological level of $200 could embolden the bulls who will try to start a recovery. The first hurdle on the upside is at $220 and then at the resistance line. Buyers will have to thrust the price above the resistance line to indicate that the downtrend may be ending.Contrarily, if the price turns down and breaks below $200, it will suggest the start of the next leg of the downtrend. The BNB/USDT pair then risks sliding to the next major support at $183. XRP price analysisThe bears yanked XRP (XRP) price below $0.50 on Sept. 1, but they could not sustain the lower levels, as seen from the long tail on the day’s candlestick. XRP/USDT daily chart. Source: TradingViewThe bears kept up the pressure and have not allowed the bulls to start a strong rebound off the $0.50 level. This increases the possibility of a downside break. If that happens, the XRP/USDT pair is in danger of plunging to $0.41.Contrary to this assumption, if the price turns up from the current level and breaks above the 20-day EMA ($0.53), it will signal that the bulls are attempting a comeback. The pair may then shoot up to $0.56. Buyers will have to overcome this barrier to indicate the start of a new up-move to $0.65.Cardano price analysis Cardano’s ADA (ADA) has been consolidating between $0.24 and $0.28 for the past few days, indicating indecision between the bulls and the bears.ADA/USDT daily chart. Source: TradingViewThe downsloping 20-day EMA ($0.26) and the RSI below 38 suggest a slight advantage to the bears. If the price turns down from the 20-day EMA, the likelihood of a drop to $0.24 increases. A break below this level may start the next leg of the downtrend to $0.22 and subsequently to $0.20.Contrarily, if bulls push the price above the 20-day EMA, the ADA/USDT pair could challenge the resistance at the 50-day SMA ($0.28). If this level is scaled, the pair is likely to rise to $0.32.Related: Bitcoin ETF applications: Who is filing and when the SEC may decideDogecoin price analysisBuyers tried to push Dogecoin (DOGE) above the 20-day EMA ($0.07) on Sept. 2, but the bears held their ground. DOGE/USDT daily chart. Source: TradingViewThat keeps the DOGE/USDT pair stuck between the 20-day EMA and the important support at $0.06. The downsloping 20-day EMA and the RSI in the negative zone indicate an advantage to sellers. If the price breaks below $0.06, the selling could intensify, and the pair may plummet to the next support at $0.055.If bulls want to prevent the decline, they will have to quickly drive the price above the 20-day EMA. If they succeed, the pair can jump to the 50-day SMA ($0.07) and later surge to $0.08.Solana price analysisSolana’s SOL (SOL) is in a strong corrective phase. Buyers are trying to start a relief rally, but it is likely to face selling at the downtrend line.SOL/USDT daily chart. Source: TradingViewIf the price turns down sharply from the current level or the downtrend line, it will suggest that the sentiment remains negative and traders are selling on rallies. That may pull the price to $18.32 and thereafter to $16.This negative view could be invalidated in the near term if bulls kick the price above the downtrend line. The SOL/USDT pair can then attempt a rally to $22.30, where the bears will likely mount a strong defense.Toncoin price analysisToncoin’s (TON) rally has stalled near the overhead resistance at $2.07, but a minor positive is that the bulls have not ceded much ground to the bears. This suggests that the bulls are holding on to their positions. TON/USDT daily chart. Source: TradingViewThe overbought levels on the RSI suggest a possible correction or consolidation in the near term. The important support to watch on the downside is the 20-day EMA ($1.61) because a break below it could drag the price to $1.53 and later to the 50-day SMA ($1.40).On the upside, the bulls will have to clear the hurdle at $2.07. If they manage to do that, the TON/USDT pair could indicate the resumption of the uptrend. The pair may then attempt a rally to the $2.40–$2.60 overhead zone. 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. Elbaite-The Most Trusted Cryptocurrency Exchange in AustraliaAs seen below, 52,9200 addresses purchased 19.37 trillion SHIB at a maximum price of $0.000007. Considering this is the last major support cluster, they will likely make frantic efforts to HODL. The new regime

Exchange Rankings Crypto
Image: cyptoranking.com

But if that resistance level caves, Shiba Inu’s price could rally toward the $0.00001 range. As Decrypt previously reported, Meta announced major strides in multimodal AI combining vision, language, speech, and other capabilities at Meta Connect. This includes AI companions like the personal assistant MetaAI which pairs with the company’s upcoming smart glasses. Users can interact conversationally with MetaAI as it identifies real-world objects and accomplishes tasks hands-free. Reports of Binance Delisting Tether (USDT), Turn Out to Be FAKE NEWS-Ethereum World News"Chat will be where most of the interaction happens, but these AIs are going to have profiles on Instagram and Facebook, and they’ll be able to post content, and they’ll be able to interact with people and interact with each other," said the Meta CEO. A testnet will be available for ecosystem participants who are eager to test out CCTP’s cross-chain functionality, ahead of the official mainnet later this month.

“What excites me about building with NHN is what we’re beginning to refer to as ‘stickiness’ for users,” said Mysten Labs CEO and co-founder Evan Cheng, in a statement. Cointelegraph has reached out to Tether to confirm the amount of USDT tokens that had been minted at the request of Alameda.Magazine: The truth behind Cuba’s Bitcoin revolution: An on-the-ground report Coinbase expands its European presence beyond the UK as Brexit loomsThe former CTO clarified that these privileges were extended to Alameda due to its pivotal role as FTX’s market maker. According to Wang, liquidating Alameda’s huge position could cause damage to the platform. Litecoin Price Prediction: What Will Happen Next?

After you flash the Ubuntu server image on the micro-SD card, insert the card in the Orange Pi 5 slot, attach the cooler and fans, connect the Ethernet cable to your router or switch and the board you need to plug in the USB-C power adapter and everything should work just fine. Now you need to figure out what is the IP of the Orange Pi 5 in your local network as the device will utilize DHCP to get an IP address assigned automatically (unless you do not have active DHCP service in the local network). An easy way to see the IP address is to use an IP scanner and scan the IP range that your router uses (usually either 10.X.X.X or 192.168.X.X). We like the ease of use of the Angry IP Scanner especially the Legacy version that we’ve been using for ages, though feel free to use any IP scanner you like. Alternatively, you can also check if your router has a page reporting all the connected devices and their IPs, that could also work, the Orange Pi 5 should report itself with a hostname orangepi5b.lan. In our case the IP address of the Orange Pi 5 board we’ve had was 192.168.1.73 as you can see from the screenshot above, you’ll need this address in the next step where you will actually connect to the Orange Pi 5 via SSH with the help of PuTTY or your favourite SSH client. The first blockchain developed by Binance is called the Binance Chain. But since Binance Chain encountered programmability limitations, Binance Smart Chain was designed. As the public showed increased interest in alternative financial solutions, BSC was born. Biden's 30% Tax on Bitcoin Miners 'Isn't Going to Happen,' ...Looking at the 4-hour timeframe, the $27,500 support level appears to be on the verge of a breakdown. The RSI indicator is also showing values below 50%, suggesting that the momentum is now in favor of the sellers in this timeframe. Tezos (XTZ) Makes an Impressive Comeback to Top 50 – What’s Next for the Price?


Sister links

Sources

Bookmark-new.svg