Cryptosanders👑

Ethereum's Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone Over 20 days, 640,000 ETH valued at just over $1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023.

Crypto Exchange Coinex Pens an Open Plea for Dialogue With the Hacker On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sincere and open channel of communication.”

After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.

hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) rose for the fourth consecutive session as the cryptocurrency remained above the 1,620 support level. ETH/USD reached a peak of 1,640.52 on Friday, just 24 hours after the price hit a low of 1,618.73. The above highs took the world's second-largest cryptocurrency to its strongest level in seven days. Earlier gains have faded somewhat, as traders failed to break the key resistance level of 47.00 on the RSI indicator. The index is now at a reading of 44.41, with a support point of 40.00 as a potential target. Sentiment looks bullish, as the upside potential between the 10-day (red) moving average and its 25-day (blue) counterpart remains high. 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/fkwn9gdl-ETH-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/

After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.

hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin remained near a two-week high on Friday, as traders continued to digest the latest US retail sales figures. Following a low of 26,285.50 on Thursday, BTC/USD rallied to an intraday high of 26,774.62 earlier in today’s session. This peak saw bitcoin trade at its strongest point since August 31, when the price peaked over the 27,500 mark. it appears that today’s bullish sentiment comes as the relative strength index (RSI) moved towards a ceiling of 52.00. price strength is tracking at 51.96, which has led some previous bulls to abandon their positions. BTC has now retreated to a current level of 26,617.31, however, traders will likely make another run towards 27,000 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/BTCUSDT/2GjDY5c0-BTC-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/

Bitcoin's Mempool Congestion: Unconfirmed Transactions Approach 700,000 in September Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “memory pool,” has not completely cleared in more than four months, dating back to April 22, 2023.

BTC Bulls Keep Price Close to 2-Week High, Following Strong US Retail Sales Bitcoin continued to trade close to a multi-week high on Friday, as bulls continued to target the $27,000 level. The move came following stronger than expected U.S. retail sales figures, which rose by 0.6% in August. Ethereum also traded higher in today’s session.

Chainalysis Software Faces Scrutiny in US Court Since his arrest in April 2021, Roman Sterlingov, the alleged operator of the crypto mixing service Bitcoin Fog, has been defending his claimed innocence for more than two years. Recent court filings indicate Sterlingov’s legal team is challenging the Reactor software from Chainalysis, which was presented as evidence in the case. Sterlingov’s attorney contends that the Reactor’s heuristics have “no known error rates for, no rates of false positives, no rates of false negatives, nor any peer-reviewed paper attesting to their accuracy.

BNB Chain Layer 2 Goes Live BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive applications such as games, with the BNB Chain chain serving as a settlement layer.

USDT.DOMINANCE

https://www.tradingview.com/chart/XRPUSDT/Ax0K6for-XRP-USDT-1DAY-UPDATE/ After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.

XRP/USDT update :- CHART ANALYSIS:- Detailed examination reveals a multi-week consolidation phase that unfolded after a bullish bounce above the 200-day MA in mid-August. Ripple price saw minor volatility during this consolidation period, remaining close to the 200-day moving average, at around $0.51. However, the scale tilted in favor of sellers as supply outstripped demand, leading to increased selling pressure and, as a result, a drop below the 200-day moving average. This MA is generally considered an important level of support or resistance, and its violation underlines the prevalence of bearish sentiment in the market, with the potential for further downside. While a slight upward retracement, creating a pullback towards the broken MA remains a possibility, the overall outlook for Ripple is bearish, with the next likely destination being the critical support area at $0.42. Therefore, the upcoming price action is extremely important, as it could potentially determine the path forward for Ripple.

After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.

hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana (SOL) rose for a third consecutive day on Thursday, as the price moved closer to the coveted 20.00 mark. SOL/USD surged by as much as 5% in today’s session, hitting an intraday peak of 19.27 in the process. This move comes a day after the world’s ninth-largest cryptocurrency traded at a bottom of 17.96. Earlier gains in price have started to ease in the last few hours after the RSI closed in on a ceiling of 43.00. it is at a reading of 41.05, with the token marginally below today’s high, sitting at 18.84. Although 20.00 is still clearly the short-term target, it will likely take a significant amount of bullish momentum to get there. 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/SOLUSDT/evk5HhH0-SOL-USDT-1DAY-UPDATE/

After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.