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    DID ETHEREUM MERGE FAIL?! PRICE DUMPING HARD – $10,000 ETH Still Possible? Programmer explains

    000

    DID ETHEREUM MERGE FAIL?! PRICE DUMPING HARD – $10,000 ETH Still Possible? Programmer explains

    👉 Bybit $4450 Starter Bonus: https://partner.bybit.com/b/startnow
    👉 Get BSI Indicator: https://start.moralis.io/sales-page1641893353230
    ✅ SIGN UP FOR TELEGRAM NOTIFICATIONS: https://t.me/ivanontechannouncement Twitter: https://twitter.com/IvanOnTech **Disclaimer**
    Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, top altcoins, ethereum, tron, stellar, binance, cardano, litecoin, 2019, 2020, crash, bull run, bottom, crash, tether, bitfinex, rally, tone vays, ivan on tech, chico, video, youtube, macro, price, prediction, podcast, interview, trump, finance, stock, investment, halving, halvening, too late, when, fed, federal reserve, interest rates, rates, cut, economy, stock market, Good Morning Crypto Ivan on Tech by Ivan Liljeqvist

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    Ethereum (ETH) Price Tries To Breach $1,800 Resistance, Guns For $2,000

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    Ethereum (ETH) Price Tries To Breach $1,800 Resistance, Guns For $2,000

    crypto basset hound

    Ethereum rallied from the hype generated by the Merge announcement. Although this is recent news, ETH already hit the $2,000 mark after the bearish July market.  After over a month of price increases, ETH’s price closed in on the $2,000 mark. One of its highest since the entire crypto market crashed. However, the most recent rally has placed confidence in investors and traders alike.  Related Reading: XRP Bulls Charge Hard To Pull Prices Up Past $0.34 After A Dismal August The Highly-Anticipated Merge The rally was because of the recent ETH Merge announcements that has been the talk of crypto traders around the world. This move, according to Ethereum co-founder Vitalik Buterin, will bring efficiency to the network and reduce overall carbon footprint.  These types of announcements however boost the confidence of traders and investors pushing the price up.  As of this writing, ETH is oscillating at ranges $1,718.41 and $1,791.76. The token is also trying to entrench itself on the 78.60 percent in the Fib retracement.  Related Reading: How Litecoin (LTC) Is Able To Muster A 5-Day Straight Rally Ethereum Bulls Try To Breach Resistance The recent support is set at $1,740.63 with the resistance at the $1,802.12. The bulls have consistently tried to target $1,802.76 resistance to continue the rally. But as the graph shows, the rally has stagnated and the bull now tries to consolidate the position.  Two things might happen while ETH’s price stabilizes; (1) the resistance will be pierced on a later day and will rally again, or (2) the price breaks the $1,740 support and drops.  If the price pierces the 61.80% Fib level, then the bulls will gain momentum and may reach $2,000 in a few days’ time. But the indicators say otherwise.  The CCI and Stochastic RSI numbers indicate a slow down in trend price. As of writing, the CCI is at 16.69 and Stoch RSI at 16.17 indicating a small sell-off movement.  If the bulls manage to gain momentum once again, then the price might jump and pierce to the next resistance level at the 61.80% Fib level. If the price goes down however, we can expect the support to be at the $1,662.31 range.  This is a crucial point in ETH’s history pre-merge. If the bulls fail to at least consolidate the price at the $1,740 support line then there will be a large chance for a downward price reversal. This would inherently have an effect on ETH’s price post-merge.  Crypto total market cap at $1.02 trillion on the daily chart | Source: TradingView.com Featured image from Crypto News, Chart from TradingView.com

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    Litecoin Price Winning Streak May Break $65 Barrier, But There’s A Catch.

    blockchain news

    Litecoin Price Winning Streak May Break $65 Barrier, But There’s A Catch.

    crypto basset hound

    A bull cycle within a rising parallel channel pattern strikes the monthly resistance of $65. This horizontal level has limited the bullish growth for the past three months, indicating a high possibility of price reversal. However, even if the Litecoin price breach resistance, the bullish path is filled with more significant obstacles.  Key points from

    The post Litecoin Price Winning Streak May Break $65 Barrier, But There’s A Catch. appeared first on CoinGape.

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    Fantom Keeps Close Eye On Possible 20% Slide This Month

    bearish

    Fantom Keeps Close Eye On Possible 20% Slide This Month

    crypto basset hound

    Fantom (FTM) has been moving on a brisk bullish pace at a particular range for four months now following a sharp descent in May. FTM price is up 2.21% Token moving bullish but has slipped mid-range in the past couple of days Bears poised to dominate, buying spree not advisable at this point However, it seems the price has abated and moved below the range’s mid-point as seen in the past couple of days. FTM is now bracing for a potential 20% drop in the next few days. September also looks generally bearish for Bitcoin as it ebbs and could go further down in the coming days. With Bitcoin slipping below its fail-safe range, Fantom is likely to follow through and shave off some value. According to CoinMarketCap, FTM price is trading at $0.2519 or a spike of 2.21% as of press time. Related Reading: NEAR Price Could Drop To $3 If This Bearish Pattern Continues FTM Shifting From Support To Resistance On the daily chart, Fantom’s midpoint was spotted at $0.32 with its range going from $0.45 to $0.2. In August, FTM was seen to be slackening with level shifting from support to the resistance zone. Evidently, the mid-point was also breached and the RSI also dropped below the 50-mark showing a bearish movement. Chart: TradingView.com On the hourly chart, it seems that FTM’s volatility has weakened. The price gripped the $0.28 key support zone as it jumped off the same level. At this point, the bulls look weakened with FTM drawing a huge candle tilted downwards. Meanwhile, Fibonacci retracement levels are pegged at $0.256 and $0.261; respectively. The two levels were spotted right under the demand zone. Bears Poised To Tighten Clutch Notably, OBV has also nosedived showing the spike in selling volume. More so, RSI is also looking extremely bullish as its shoots above the 30 level. The daily chart showed that hovering towards the $0.2 level provides a good buying opportunity. It looks like a jump aiming at the $0.26 zone is possible. With that move, it would definitely be better to sell as opposed to buying. At this point, the bears are poised to dominate and it’s not advisable to go for a buying or shopping spree. Related Reading: Litecoin (LTC) Near-Term Route Could Be Determined By This Factor Fantom is a crypto network that boasts speedy payments, secure exchanges, and incredibly low gas fees that allow DApps on its network with the aid of smart contracts in executing transactions free from any middleman. With Fantom, traders can freely exchange or convert tokens from other blockchains like Ethereum and vice versa. Fantom’s native token FTM is used for paying gas fees when making transactions within the networks. Staking FTM allows you to earn roughly 13% annually in Fantom’s yield program. FTM total market cap at $645 million on the daily chart | Source: TradingView.com Featured image from DataDrivenInvestor, chart from TradingView.com

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    Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600

    Bitcoin

    Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600

    crypto basset hound

    Ethereum is feeling the pressure this early, with trading volume at the receiving end and impacting the price of ETH. A major event in the crypto industry, The Merge is eagerly anticipated by many. By combining with the Beacon Chain, Ethereum will implement a system based on proof-of-stake. This system will significantly reduce Ether’s energy consumption. Despite the Merge’s promises of a new tomorrow for Ethereum, investors continue to have poor faith in the currency. The price of ETH plummeted significantly below the $1,500 support line on August 28 and has been stuck in that border for the past two days. The expectations of traders are relatively modest. According to a source, trading volumes dropped by a shocking 45 percent on August 28. With a decrease in overall trading, transactions suffered a severe setback as well. As of this writing, Ethereum is trading at $1,580, down 1.7% in the last seven days. Related Reading: Litecoin (LTC) Performs Better Than Bitcoin In Last 24 Hours – Upward Motion In The Coming Days? Ethereum Trading Volume Sluggish The average number of seven-day Ethereum transactions per month has decreased to 42,490. This reflects the fears and perspectives of global traders at the present time. A reduced coin price is one of the deal-breakers for the merchants. Other coins’ prices have rebounded from recent declines. Polygon and Cardano are, at best, the most notable. The volume of Perpetual Futures Contracts reached an all-time low as investor confidence and enthusiasm plummeted alongside a decline in network and transaction activity. According to Glassnode, the coin reached a three-month low on the Perpetual Futures market on August 28. This was the result of the first credit crisis in the history of cryptocurrencies, which occurred in June 2022. Recent developments such as the Terra implosion and the relatively recent speech of Federal Reserve Chair James Powell can also be ascribed to the present price of Ethereum. Crypto Braces For Much-Anticipated Merge After the speech, the broader financial markets responded quite badly. The major stock exchanges recorded declines of 1% to 2%. According to Coinglass data, both Bitcoin and Ethereum witnessed significant selloffs. With the merger occurring in around 15 days, both pro and con comments have been expressed. Some are extremely hopeful about what the merger would bring to Ethereum, but others are extremely dubious about its purportedly favorable impacts on the cryptocurrency. Meanwhile, considering the volatility of the current cryptomarket, speculation is limited. Uncertainty remains as to whether the merge would result in a flourishing future for Ethereum or a downward spiral that leaves millions in turmoil. We can only hope that the combination will benefit the extremely shaky alternative cryptocurrency. Related Reading: Flow Monitoring: Why This Price FLOW May Not Attract Short-Term Traders ETH total market cap at $194 billion on the daily chart | Source: TradingView.com Featured image from Coinpedia, Chart from TradingView.com

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    Litecoin (LTC) Near-Term Route Could Be Determined By This Factor

    adx

    Litecoin (LTC) Near-Term Route Could Be Determined By This Factor

    crypto basset hound

    Litecoin (LTC) could be heading the bearish route. According to CoinMarketCap, LTC has nosedived by 0.52% or trading at $56.50 as of press time. Litecoin going the bearish track LTC down by 0.52%, trading at $56.50 LTC engulfing candlestick shows increased selling pressure In the past few days, LTC is seen to be hovering close to its midpoint. Notably, Litecoin is down by 12.75 from its five-day high yet spiked by 7.26% compared to its five-day low that registered at $52.56. LTC price is gliding above the key resistance level. The support is now spotted at $54.17 and resistance is present at $56.13. In essence, LTC could experience extreme volatility once the price rally loses steam. Related Reading: Elrond Network Watch: Consider This Before Filling Up Your Wallet With EGLD Litecoin Trading at Low Volumes It can be observed that Litecoin has been trading at ridiculously low volumes lately which means that today’s trading volume is comparably low to the coin’s average trading volume in the past week. Now, the improvement in market performance has restored the faith of many LTC buyers. It seems there could be hope for a bullish momentum.  However, the 62-$64 range could be getting in the way of a bullish movement. In turn, LTC is seen to have plunged below the EMA ribbons to convey a strong selling or bullish streak. More so, the recent formation of an engulfing candlestick pattern showed a strong uptick in terms of selling activity. There is a strong knock-back of higher prices seen close to the 20 EMA that could initiate a near-term disengagement before any opportunities for revival come to light. LTC RSI Shows Intense Selling Pressure The buying upturn of Litecoin has propelled the altcoin to test higher levels in the past month. So, while the bears corroborate the $64-ceiling, Litecoin still sees an ascending channel pattern in this specified timeframe. Following a short-term compression phase spotted close to the EMA ribbons, LTC finally witnessed a bearish breach splicing under the EMA ribbons. As of press time, LTC has found key support at the $53.7-zone. Related Reading: Polkadot (DOT) Hits The Brakes At $7.34 After Brief Recovery Source: TradingView.com So, even though the EMA ribbons aren’t looking so positive, the bears aim to shift the near-term trend. Striking a bearish punch on the ribbons would most likely strengthen the selling pressure. A rebound is spotted at the $53 level that can aid the buyers in triggering a sluggish movement drawing close to the EMAs. Now, any close under this support line could open up the altcoin to a prolonged setback. When this happens, LTC may dart closer towards the $50-zone with the bulls going in to trigger intense buying pressure. RSI for Litecoin shows a strong selling trump card. Now, a prolonged pullback will only work in the favor of the sellers. But, OBV presenting higher troughs showed a minimal bullish divergence.  An uptick in the key support zone can potentially help the buyers to put an end to near-term bleeding. Nevertheless, LTC’s ADX is still having a hard time improving its delicate position. LTC total market cap at $3.9 billion on the daily chart | Source: TradingView.com Featured image from Analytics Insight, chart from TradingView.com

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    IVAN TO 20-30X PORTFOLIO – Time to get to work…..

    2019

    IVAN TO 20-30X PORTFOLIO – Time to get to work…..

    👉 Bybit $4450 Starter Bonus: https://partner.bybit.com/b/startnow
    👉 Get BSI Indicator: https://start.moralis.io/sales-page1641893353230
    ✅ SIGN UP FOR TELEGRAM NOTIFICATIONS: https://t.me/ivanontechannouncement Twitter: https://twitter.com/IvanOnTech **Disclaimer**
    Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, top altcoins, ethereum, tron, stellar, binance, cardano, litecoin, 2019, 2020, crash, bull run, bottom, crash, tether, bitfinex, rally, tone vays, ivan on tech, chico, video, youtube, macro, price, prediction, podcast, interview, trump, finance, stock, investment, halving, halvening, too late, when, fed, federal reserve, interest rates, rates, cut, economy, stock market, Good Morning Crypto Ivan on Tech by Ivan Liljeqvist

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