ATOM/USDAtom, the native crypto asset of the Cosmos blockchain, made an impressive start as it made a place for itself among the top 15 cryptocurrencies by market capitalization within a very short span of time.
Its price received a boost as it was listed on Binance, without even trying.
The price has reached close to the 38.20% Fibonacci retracement of the recent fall.
A rally above this resistance can push the price to $5.9139, which is the 50% retracement level.
If the price turns down from the current levels, it can drop to the next support of $3.60.DASH/USDThe recovery in market prices pushed the mining hashrate of Dash to an all-time high of 3.2385 petahashes on April 19, bettering its previous record of 3.237 petahashes set in early November 2018.
The pair is facing resistance at the 20-week EMA. If the price can scale above this resistance, it will challenge the top of the range at $0.385033.
A breakout of the range is likely to start a new uptrend that can carry the price to the psychological resistance of $0.50.
BTC/USDBitcoin prices have risen sharply over the past seven days.
The price has risen above both moving averages, which is a positive sign.
The attempt by the bears to plummet below this range in the last week found buyers at the 20-week EMA. Currently, the bulls are attempting to push the price towards the top of the range.
Top 5 Crypto Performers: ATOM, DASH, MIOTA, BTC, BCH
gepubliceerd op May 6, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.