ClearToken hat eine Genehmigung der FCA für ein reguliertes Krypto-Abrechnungssystem erhalten. Großbritanniens ist insgesamt dabei, digitale Vermögenswerte in sein Finanzsystem zu integrieren.
Solana (SOL) performt sehr gut: Wann kommt ein neues Allzeithoch?
Die Fundamentaldaten von Solana sind weiterhin stark, aber seine Erholung in Richtung 250 US-Dollar wird von einer Entspannung der geopolitischen Risiken und einem erneuten Vertrauen in die Technologiemärkte abhängen.
Solana eyes $200 amid growing demand; Check forecast
Key takeaways
- SOL is trading above $160 after testing the $150 low on Tuesday.
- The coin could rally towards the $200 level soon amid growing demand and low supply.
SOL recovers from Tuesday’s slump
Solana’s derivatives market has not fully recovered since the October 10 deleveraging event, which liquidated over $19 billion in crypto assets within 24 hours. Data obtained from CoinGlass showed that the futures Open Interest (OI) averaged $17.63 billion on Wednesday, up from the $7.7 billion recorded on Tuesday.
The growing OI, representing the national value of outstanding futures contracts, suggests that retail investors are regaining interest in the cryptocurrency. A steady recovery in the OI will indicate a short-term bullish outlook. Otherwise, Solana’s recovery potential could remain limited.
Solana bulls eye short-term breakout
The SOL/USD daily chart remains bearish and inefficient as Solana has failed to break above the $200 psychological level in the near term. SOL is trading at $160 per coin at the moment as the broader crypto market recovers from the recent slump.
The Relative Strength Index (RSI) on the daily chart holds at 40, signaling a fading bearish trend. If the RSI moves above the neutral 50, SOL could rally higher towards the $188 resistance level in the near term. An extended bullish run would see SOL hit $200 for the first time since October 25th.
However, if the downtrend continues to dominate, SOL could drop below the $150 support level and retest the recent low of $144.
Conversely, the Moving Average Convergence Divergence (MACD) indicator on the daily chart is set to trigger a buy signal. This signal usually takes place once the blue line crosses and settles above the red signal line, encouraging investors to increase their risk exposure.
SOL could experience a 22% breakout from its current level, allowing it to hit the $200 psychological level.
The post Solana eyes $200 amid growing demand; Check forecast appeared first on CoinJournal.
Dan Tapiero: Bitcoin (BTC)-Bullenlauf läuft noch, aber 70 Prozent Rückgang möglich
Im Gespräch mit Cointelegraph erklärt Dan Tapiero, Gründer von 10T Holdings, warum die Fundamentaldaten von Bitcoin auch angesichts eines drohenden Rückgangs um 70 % in der nächsten Bärenmarktphase weiterhin stark sind.
Ripple price forecast: XRP eyes $2.70 despite poor price action
Key takeaways
- XRP is trading above $2.4 after defending the $2.35 support level.
- The cryptocurrency could rally towards the $2.7 resistance level soon.
XRP defends the $2.35 support level
The cryptocurrency market had a positive start to the week, with Bitcoin and other major cryptocurrencies recording excellent gains. Bitcoin hit the $107k resistance level but faced rejection at this zone and dumped below $103k on Wednesday.
This bearish performance also affected major altcoins, including XRP. Ripple’s native coin dipped below $2.40 on Tuesday, but the bulls defended the $2.35 support level. This allowed the cryptocurrency to reclaim the $2.4 level and could serve as the springboard to push the price higher in the near term.
Analysts expect XRP’s price to surge higher ahead of a possible ETF approval by the United States Securities and Exchange Commission (SEC). In an email to Coinjournal, Alexis Sirkia, Chairman of (Ripple-backed) Yellow Network, stated that,
“Investors are looking to get in ahead of and benefit from the retail and institutional capital that floods in with ETF approvals, which looks to be set for around November 13.
Whilst separate entities, Ripple’s recent $500 million strategic investment and $40 billion valuation are another positive factor impacting XRP’s price. If Wall Street titans like Citadel and Fortress are betting so much on Ripple, which stewards the XRPL, they clearly believe in the utility of the ledger itself. Any further major price move for XRP will be driven by these structural factors, not just by short-term sentiment.”
XRP eyes $2.7 if the daily support at $2.35 holds
XRP rallied to the $2.55 level on Monday, retesting its 50-day EMA following the bearish performance recorded last week. However, the resistance failed and XRP dipped below $2.40 on Tuesday. It is now trading around $2.44 per coin.
If the daily support at $2.35 holds, XRP could rally higher and retest the $2.55 resistance level once again. An extended bullish trend would see XRP grab the trendline liquidity and hit $2.70 in the process.
The daily RSI dipped below the neutral 50 level to 47, indicating slight weakness in momentum. However, the MACD showed a bullish crossover earlier this week, suggesting that the bullish view remains in play.
On the flip side, if XRP closes below the daily support at $2.35, the bearish trend would continue, and XRP would decline toward the next daily support at $1.96.
The post Ripple price forecast: XRP eyes $2.70 despite poor price action appeared first on CoinJournal.