Cryptosanders👑

Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) also posted gains at the start of the week, as it surpassed the $1,800 mark in today's session. ETH/USD reached a high of 1,834.94 on Monday, after falling down to 1,787.54 in less than 24 hours. This is the second day that ETH has gained, and it comes after a recent eight-day losing streak. This resulted in Ethereum falling to its weakest point since March, however, it now appears that momentum has now shifted. Price strength has also increased on Ethereum, climbing above a key point of resistance at the 44.00 level. The index is now tracking the 45.85 mark with the next range at the 50.00 level. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSD/Cq6kxmBv-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) jumped back above the 27,000 level to start the week, as sentiment showed glimpses of shifting after last week’s bear run. Following a low of 26,762.25 on Sunday, BTC/USD raced to an intraday peak of 27,521.62 earlier in today’s session. The move saw the world’s largest cryptocurrency continue to move away from a floor of 26,500, and a recent two-month low. Monday’s rise in price sees Bitcoin move higher for a second straight day, breaking out of a ceiling on the relative strength index (RSI) in the process. price strength is now tracking at 43.66, which is marginally above the aforementioned resistance at 43.00. Bulls will now likely be looking to reenter the 28,000 level, which was last hit this past Thursday. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you

Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers, teams, and projects building on the Reef Chain.

China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping Chinese and French foreign ministers have expressed readiness to strengthen cooperation and pursue a “close and enduring comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. This followed a “successful” meeting between French President Emmanuel Macron and Chinese President Xi Jinping.

NFT Sales Surge 31% This Week as Bitcoin NFTs Secure Second Place in Blockchain Sales Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week. The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023. Nevertheless, the most recent week exceeded anticipations, as sales skyrocketed by 31.22%. Throughout the seven-day interval, NFT sales attained $208.17 million. The substantial rise in this week’s NFT sales can be credited to the appearance of NFTs originating from the Bitcoin blockchain.

Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting “bank depositor flight will accelerate to extreme levels, even for banks that are ‘too big to fail.’” Personal finance coach and author Dave Ramsey, for his part, thinks that de-dollarization fears are overblown. In crypto news, Bitcoin’s network congestion issues began to ease this week. All this and more just below, in the latest Bitcoin.com News Week in Review.

‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible blockchain for launching dapps, has asserted. For merchants, Web3 payments come with the added benefit of what Miller called protection from “fraudulent chargebacks.”

IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to a Chainalysis tool as well as specialized training to Ukrainian law enforcement.

Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) was back above a key price level to start the weekend, as it once again rose above the 1,800 mark. ETH/USD hit a peak of 1,816.06 in today’s session, less than 24 hours after declining to a low of 1,747.94. Bulls have seemingly taken yesterday’s move to a multi-week low as an opportune moment to increase position sizes in ETH. this was helped by the fact that RSI found a stable point of support, which in the case of ethereum was at the 41.00 zone. From the floor, price strength is now taking close to a ceiling at 45.00, and should this be broken, ETH will possibly move back above a key point at 1,830 Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSD/JzOXm7jp-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved away from a recent two-month low on Saturday, as bulls opted to buy the recent dip. After falling to a low of 25,878.43 on Friday, BTC/USD rose to an intraday high of 26,989.07 earlier in the day. Today’s rebound sees bitcoin jump back above a key support point at 26,500, following Friday’s breakout. From the chart, it appears that this took place as the 14-day relative strength index (RSI) found a floor of its own at 36.00. price strength is tracking at 37.99, with a ceiling of 43.00 as a possible target. Should bulls lead the charge to this point, it is likely that Bitcoin will be back above the 27,000 level this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSD/1xPxiVbv-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that despite this setback, “No transactions were halted” and the incident had “zero impact on chain activity.”

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy of reaching its all-time high (ATH) set on May 8, 2022.

SOL up 5%, as LINK Breaks Key Resistance Level on Saturday Solana rose by as much as 5% in today’s session, as cryptocurrencies began to recover from Friday’s red wave. The global market cap was up by nearly 2% at the time of writing. Chainlink also rose, moving back above a key resistance level.

BTC Rebounds From 2-Month Low, as Bulls Enter the Market Bitcoin bounced back from a near two-month low on Saturday, as bulls moved in to buy the recent dip in price. Saturday’s move came as the cryptocurrency rebounded from a recent support point, after yesterday’s breakout. Ethereum was also higher, climbing above $1,800.

Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) was also in the red on Friday, as bears continued to control market sentiment. ETH/USD slipped to a low at 1,742.40 on Thursday, following an earlier peak of 1,835.62 the day prior. today’s drop in price saw the world’s second-largest cryptocurrency hit its lowest point since March. A major catalyst to the move was also a breakout on the RSI, which fell out of a support point at the 44.00 zone. Currently, the index is at a reading of 39.04, which is its weakest level since March 11, when ETH traded below 1,500. Ultimately, this could be a long-term positive for bulls, who may move to buy the current dip in price. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSD/MWBWG3oY-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) dropped below the 27,000 level in today’s session, pushing prices to a seven-week low. Following a high of 27,589.92 on Thursday, BTC/USD slipped to an intraday bottom at 26,166.87. As a result of this drop, bitcoin fell to its lowest level since March 17, when the price was below the 25,000 mark. Overall, this latest sell-off coincided with the 14-day relative strength index (RSI) breaking out of yesterday’s floor of 43.00. price strength is tracking at 35.07, which is its lowest point in over two months. Should momentum continue in this current trajectory, there is a possibility that BTC could move toward 25,000 this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSD/nBYnxGNv-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Dogecoin (DOGE) also moved lower in today’s session, as the meme coin neared a multi-month low of its own. DOGE/USD fell to an intraday low of 0.06957 earlier on Friday, hours after trading at a peak of 0.07268. today’s decline almost led to dogecoin recapturing a low of 0.0692, which was its weakest level since March. DOGE has since bounced back from this earlier low after the bulls rejected a full breakout of a support point of 0.07000. the price is now at 0.07127, which seems to have occurred as traders moved to buy the dip. Should today’s low be the hard floor, there will likely be a stronger rebound in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/DOGEUSD/syaFdBx5-DOGE-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Shiba Inu (SHIB) neared a five-month low on Friday, as markets reacted to the news that Elon Musk will be stepping down as CEO. Musk, who acquired the social media company last year, has been at the helm since the takeover but has found a long-term replacement. Following a high of 0.000008746 on Thursday, SHIB/USD dropped to a bottom of 0.000008549 earlier in the day. As a result of this sell-off, Shiba inu moved close to Monday’s low at 0.00000835, which was the weakest point the meme coin has hit since January. Looking at the chart, this latest move occurred as the relative strength index (RSI) moved deep into oversold territory, with a current reading of 23.02. However, this gives hope to longer-term bulls that a reversal could be on the cards. Hit the like button if you like it and share your charts in the comments section. Thank you