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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) rallied to a two-week high on Friday, after breaking out of a key resistance level.
SHIB/USD surged to a peak of 0.000008217 earlier in today’s session, following Thursday’s low at 0.000007754.
Friday’s move came as shiba inu broke out of a key resistance level at the 0.000008000 mark, hitting its highest point since June 15 in the process.
Another reason for today’s action appears to be the relative strength index (RSI) moving above a ceiling of 55.00.
Currently, price strength is tracking at the 60.09 level, which is marginally below a ceiling of 61.00.
Should the Bulls manage to race past this point, there is a good chance the next target price will be 0.000008500.
This is not a piece of financial advice.
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Thank you
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US House Financial Services Committee Passes Stablecoin Legislation 'After a Few Fireworks'
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila Warren, the CEO of the Crypto Council for Innovation, described the bill’s passage as the “first steps toward a legislative foundation for stablecoins in the U.S.”
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Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) traded above its own support point at 1,850 on Friday, as the cryptocurrency continued consolidating.
ETH/USD dropped to a bottom at 1,855.32 earlier in today’s session, a day after peaking at 1,878.43.
The price consolidation comes as the RSI failed to move above a current resistance level of 48.00.
As of writing, the index is on the cusp of crossing this line, however, momentum is still relatively weak.
There could likely be a spark later in the day, depending on how traders react to the University of Michigan Consumer Sentiment 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/84kelcAf-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/
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https://www.tradingview.com/chart/BTCUSDT/xQimmlR1-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/
hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) continued to trade above the 29,000 mark on Friday, despite bearish pressure intensifying in today’s session.
After hitting a high of 29,520.71 on Thursday, BTC/USD dropped to an intraday low of 29,099.35 earlier in the day.
The move saw bitcoin briefly fall below a support point at 29,200, however, prices have since climbed back above this point.
This latest slippage comes as the 10-day (red) moving average continued its downward cross versus its 25-day (blue) counterpart.
In addition to this, the relative strength index (RSI) neared a breakout below a floor at 41.00, however, it has so far avoided this.
Should this occur, BTC's next possible destination could be 28,000.
I have tried to bring the best possible outcome to this chart.
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SHIB Surges to 2-Week High on Friday, Whilst TRX Extends Gains
Shiba inu was a notable gainer on Friday, climbing to a two-week high during today’s session in the process. The move came as the meme coin rose by as much as 6%, despite the global crypto market cap mostly consolidating. Tron rose for a fourth straight session today.
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Ancrypto’s Messaging Feature Scales the Wallet to 400k Downloads
PRESS RELEASE. In the pursuit of taking a leap over hundreds of web3 products, Ancrypto has risen above the competition and garnered 400k wallet downloads.
With end-to-end encrypted, decentralized web3 messaging, Ancrypto allows users to not only own their crypto but also their chats. Launched earlier this year, the wallet has seen tremendous success, facilitating the users with innovative features.
By seamlessly integrating chat functionality into its crypto wallet, Ancrypto has redefined the way users engage with their digital assets, establishing itself as a trailblazer in the world of decentralized finance.
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#BTC UPDATE
On the 12H TF, BTC was rejected from the horizontal resistance of the falling triangle. It also deconstructs the long buildup. It is currently trading above the MA 100 and within the Ichimoku cloud. The MACD crossover indicates bearish momentum. If it fails to hold above the MA 100, it may test the triangle's trendline.
Stay tuned I will keep updating
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Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was another big mover, surging above 2,000 in today’s session, which came as a result of the Ripple news.
Following a low of 1,878.81 on Thursday, ETH/USD jumped to an intraday high of 2,026.20 earlier in the day.
the world’s second-largest cryptocurrency recorded its strongest level since April 19.
A downward crossover of moving averages also failed to materialize, with momentum now back in the hands of bulls. Ethereum’s RSI failed to break out of a ceiling at 65.00, with the index now at a reading of 63.02.
ethereum is trading at $1,933.
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/ETHUSDT/V6E527ce-ETH-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/
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hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BTC/USD peaked at 31,814.51 late on Thursday, after trading at a low of 30,486.69 earlier in the day.
Yesterday’s peak is the most vital point Bitcoin has hit since late May last year, the last time price was over 32,000.
BTC has since declined, as traders move to secure gains, resulting in the price now trading at 31,208.15.
This comes as the relative strength index (RSI) failed to break a ceiling of 66.00, and is now tracking at 62.62.
Today’s move also averted a downward crossover between the 10-day (red) moving average and its 25-day (blue) counterpart.
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/HAlexC5r-BTC-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/
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Russia, 10 Southeast Asian Nations Discuss Using National Currencies in Trade Settlements
Russia is discussing using national currencies in trade settlements with 10 Southeast Asian countries, members of the Association of Southeast Asian Nations (ASEAN), Russian Foreign Minister Sergey Lavrov has revealed. The move comes as more and more countries worldwide are seeking to de-dollarize.
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Legal Expert Warns Victory May Be Short-Lived for Ripple and XRP — Says Judge ‘Got the Law Wrong’
A legal expert has warned that the district court ruling on XRP “rests on very shaky ground.” Expecting an appeal, he cautioned that Ripple’s victory “may be a short-lived victory,” claiming that the judge “got the law wrong.”
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Bank of America Faces Scrutiny After Coinbase User Alleges the Bank Closed His Account Over Bitcoin Transactions
Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem with Bank of America.
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US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum’s License
U.S. Rep. Ritchie Torres has called for an investigation into the special purpose broker-dealer (SPBD) license given by the U.S. Securities and Exchange Commission (SEC) to Prometheum, a cryptocurrency exchange platform. In two letters sent to U.S. Comptroller General Gene Dodaro and SEC Inspector General Deborah Jeffries, Torres calls for investigation of the “backroom deals” allegedly brokered between the SEC and Prometheum.
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Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges Thursday. A U.S. judge has set Mashinsky’s bail at $40 million and restricted him from traveling.
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XRP’s Rise Causes Ripple of Gains in Crypto Economy
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%.
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Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development
PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of $120,000 for event winners and a post-hackathon grant fund of $1 million, provided by Neo Foundation and dedicated to fostering Web3 growth in line with recent positive regulatory developments in the APAC region.
The Hackathon will take place from July to October and features in-person events across five cities in Asia — Tokyo (Japan), Ho Chi Minh City (Vietnam), Bangalore (India), Seoul (South Korea), and Singapore, each with a two-day hacking weekend to allow elite Web3 developers to showcase skills and forge valuable connections. There will also be a series of virtual sessions featuring workshops and mentoring from the Neo team, alongside panel
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XRP 70% Higher, as Markets React to Court Ruling
XRP soared by as much as 70% higher on Friday, as markets continued to react to a court ruling that the token is not a security. On Thursday, U.S. judge Analisa Torres ruled that XRP is not “necessarily a security on its face.” Solana also surged on the news, climbing by nearly 30%.
