In the past week, NANO had an average of 21,103 transactions per day compared to a record of 35,894 for the network. It has recently announced the release of an update of the latest version and the addition of the VoteByHash functionality.
NANO Sees a Significant Increase in Trading Activity
Bitcoin Price Analysis (BTC/USD) Over the last 24hrs, BTC/USD pair has been trading on a sideways market. On an hourly chart, the horizontal channels that are acting as the pair’s price resistance level $10694.22 and support level $10374.41 that confirmed the sideways trend. An upward price rally was encountered, with the 7 day MA currently situated above the 21 day MA that indicated a bullish sign. BTC/USD has slightly gained by 0.04% over the past 24hrs. Additionally, it began trading at $10618.19 and is currently at $10618.19. The Relative Strength Index indicator seemed to have gained momentum since it has moved from a low of 36 to a high of 52 that showed an increase in buyouts. The RSI indicator is currently heading north, which indicates increase confidence in the coin by investors. Bitcoin Price Prediction At the press time, almost all the indicators are pointing towards a bull sign. The 7 day MA is above the 21 day MA. The RSI indicator is also heading north which, signals further bullish momentum. New targets should be set at $10700. Litecoin Price Analysis (LTC/USD) LTC/USD pair has also been dominated by a sideways trend with a temporary resistance and support level being defined at $100.43 and $97.24 respectively. The RSI indicator that was seen hovering in between level 60 and 40 reflected a sideways market momentum. Aside from a sideways trend, the pair’s price market is bullish since it has been supported by the 7 day MA that is currently above the 21 day MA that signaled a bullish trend. LTC has upsurged by 0.25% over the last 24hrs, having begun trading at $98.92 and is currently at the rate of $99.17. That showed positive investors sentiments. The RSI indicator is currently trading flat showing that the market is currently lacking momentum. Litecoin Price Prediction Currently, the 7 day MA is above the 21 day MA that signals further bullish momentum. New targets should be set at $100.50, whereby the temporary resistance level $100.43 is most likely to be broken. Ripple’s XRP Price Analysis (XRP/USD) XRP/USD has also traded sideways over the entire intraday. The horizontal channels confirmed the sideways trend. XRP began trading at $0.33035 that was followed by a massive dip that fluctuated the price down to a low of $0.32175. The pair’s price later saw a short-term period of consolidation below the support level $0.032208. XRP/USD pair later gained momentum and was pushed up above the resistance level $0.33051 before embarking to a steady flow. This placed XRP to its current price of $0.032780. The RSI indicator was seen heading south during the last 3hrs, that indicated reduce buyouts. Apparently, despite an overall bullish sign, that was supported by the 7 day MA that is currently above the 21 day MA. XRP is slightly down by 0.8% that showed negative investors sentiments. Ripple’s XRP Price Prediction The Relative Strength Index indicator is at the moment heading south that signals incoming bearish rally in the next few hours. New targets should be set at $0.32500. Cryptocurrency Charts By Tradingview Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency. The post Bitcoin, Litecoin and Ripple’s XRP Price Prediction and Analysis for July 23rd: BTC, LTC, and XRP appeared first on NullTX.
The total crypto market cap failed to break the $290.0B resistance and recently declined below $275.0B. Bitcoin price is down around 3% and it recently broke the $10,500 support area. EOS price is down 5% after it failed to gain strength above the $4.400 resistance area. BCH price failed to hold the $320 support and traded towards the $310 level. Tron (TRX) price declined sharply by around 10% and broke the key $0.0280 support. Cardano (ADA) price remains in a bearish zone below the $0.0650 support area. Bitcoin price and the crypto market cap are currently showing bearish signs. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are likely to extend losses in the short term. Bitcoin Cash Price Analysis Recently, bitcoin cash price recovered above the $320 resistance against the US Dollar. The BCH/USD pair even tested the $340 level, but it struggled to continue higher. As a result, there was a downside correction and the price recently broke the $320 support level. At the moment, the price is trading near the $310 level and it might soon test the $300 support level. If there are more losses, the price could even revisit the key $285 support level in the near term. EOS, Tron (TRX) and ADA Price Analysis EOS price failed to gains strength above the $4.400 resistance levels and recently trimmed gains. It broke the $4.250 and $4.200 support levels and is currently trading just above the $4.100 level. The main support is near $4.000, below which the price could accelerate losses in the near term. Tron price was rejected above the $0.0300 and it recently started a sharp downward move. TRX price is down more than 10% and it broke the $0.0280 support level. An immediate support is near $0.0262, below which it could test the $0.0250 support level. Cardano price is trading in a bearish zone below the $0.0650 pivot level. ADA price declined below the $0.0620 and $0.0600 support levels and it seems like it could continue to decline towards the $0.0575 level. Looking at the total cryptocurrency market cap 4-hours chart, there was a rejection pattern formed near the $290.0B resistance level. The market cap declined recently and broke the $280.0B support level. It even broke the $275.0B support level and a connecting bullish trend line on the same chart. Therefore, there are chances of more losses towards the $260.0B or $250.0B support. On the upside, the broken support near $280.0B might act as a solid resistance. Overall, upsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins are likely to face hurdles in the near term. Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis was last modified: July 23rd, 2019 by Aayush JindalThe post Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.
XMR /USD Medium-term Trend: Bullish Resistance Levels: $120, $130, $140 Support Levels: $100, $90, $80 On June 24, the XMR/USD pair reached a high of $120 overhead resistance but was resisted. The XMR market was on a downward correction to the support level at $90 price level. The bulls made attempt to pulled back price […]