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ETH Moves to 1-Week High, as BTC Consolidates Recent Gains
Ethereum climbed to a fresh one-week high on Thursday, as bulls kept price above a key resistance level. The move comes despite cryptocurrencies mostly consolidating in today’s session, following Wednesday’s rally. Bitcoin was marginally lower, retreating from recent gains.
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BTC, ETH Rally as US Government Shutdown Fears Worry Stock Markets
Bitcoin rebounded strongly on Wednesday, as U.S. indices continued to fall ahead of a potential government shutdown. The U.S. government could run out of money later this week, if a deal is not reached to increase funding. Ethereum also rebounded higher in today’s session.
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Binance Reopens Registrations in Belgium, Restores Services
Cryptocurrency exchange Binance is now accepting new registrations of Belgian users following an interruption caused by regulatory actions against it. In June, the trading platform was ordered to cease providing crypto exchange and custody services in the EU country.
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Hello, welcome to this BTC HALVING update.
https://www.tradingview.com/chart/BTCUSD/iBwTga6h-A-Brief-History-of-the-Bitcoin-Halving-Here/
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Hello, welcome to this BNB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BNB, formerly Binance coin, was another big mover on Tuesday, as the token rose for a back-back session.
BNB/USD reached a high of 213.19 earlier in the day, after starting the week at a low of 208.02.
the native token of cryptocurrency exchange Binance now seems to be pushing for a ceiling of 220.
BNB bulls will need to surpass an upcoming resistance point of 47.00 on the RSI indicator.
BNB is now at a reading of 44.41, with the token trading marginally lower at 211.74.
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https://www.tradingview.com/chart/BNBUSDT/mlm3MsQf-BNB-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
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Hello, welcome to this BCH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin cash (BCH) was a notable gainer in today’s session, as the cryptocurrency climbed for a second straight day.
Following a low of 206.86 to start the week, BCH/USD peaked at 213.89 earlier in today’s session.
The move saw bitcoin cash close in on a resistance level of 225, which was last reached on September 18.
the move comes as the 10-day (red) moving average remained above its 25-day (blue) counterpart.
the relative strength index (RSI) has broken out of a ceiling at 52.00 and is now tracking at 54.50.
A point of resistance at 60.00 now seems to be the next target for bulls, and if hit, BCH will more than likely be above 225.
I have tried to bring the best possible outcome to this chart.
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https://www.tradingview.com/chart/BCHUSDT/ymaGxVRA-BCH-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
1 710
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Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also rose higher on Tuesday, after dropping to a key support point to start the week.
Following a low of 1,565.03 on Monday, ethereum rallied to an intraday high of 1,598.10 less than 24 hours later ETH bulls rejected a breakout below a floor at 1,565, but they also used this as a point of reentry, buying the dip in price.
the surge came as the floor of the RSI also held firm, acting as a springboard for traders.
ETH continues to hover below the 1,600 level, however, this could change following this afternoon’s consumer confidence report.
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.
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https://www.tradingview.com/chart/ETHUSDT/1jlfoaqY-ETH-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
1 710
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Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin was back in the green on Tuesday, as its price rebounded from a multi-week low during yesterday’s session.
BTC/USD peaked at 26,421.51 earlier today, which comes following a low of 26,011.47 the day prior.
Monday’s low saw the world’s largest cryptocurrency trade at its weakest point since September 13, after dropping below 25,800.
it appears that the rebound in price came as a result of the relative strength index (RSI), finding a floor of its own at 45.00.
price strength is now tracking at 45.84, with the next visible point of resistance at the 55.00 mark.
Should bulls reach the 55.00 level, there is a strong possibility that BTC will move close to the 27,000 zone.
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/BTCUSDT/XX7g3vtl-BTC-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
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BTC, ETH Rebound Ahead of US Consumer Confidence Data
Bitcoin rebounded from a multi-week low on Tuesday, as markets awaited the latest consumer confidence report in the United States. The latest figures from the Conference Board are expected to show a slight decline, with a reading of 105.9 in September. This will be down from 106.1 the month prior.
