SLNH Up 94% in a Single Day – Is Soluna the Next IREN?
SLNH Up 94% in a Single Day – Is Soluna the Next IREN?
SLNH has an over 1 GW pipeline, on par with BITF, but a market cap just a fraction of the size. With an up to $100M credit facility for data center buildout, could Soluna be a baby IREN in the making? The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data […]
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- NEWSBTC
XRP Price Attempts Recovery – Can Market Push Higher Despite Strong Barriers?
XRP price is attempting a recovery wave above the $2.820 zone. The price now faces a couple of key hurdles near $2.880 and $2.920. XRP price is slowly moving higher above the $2.80 support zone. The price is now trading above $2.80 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.80 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.920. XRP Price Dips Eyes Upside Break XRP price found support near $2.70 and recently started a recovery wave, like Bitcoin and Ethereum. The price was able to surpass the $2.780 and $2.80 resistance levels. There was a clear move above the 50% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. However, the price is now facing hurdles near $2.88. Besides, there is a connecting bullish trend line forming with support at $2.80 on the hourly chart of the XRP/USD pair. The price is now trading above $2.820 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.88 level or the 61.8% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The first major resistance is near the $2.920 level. A clear move above the $2.920 resistance might send the price toward the $2.9880 resistance. Any more gains might send the price toward the $3.020 resistance. The next major hurdle for the bulls might be near $3.050. Another Decline? If XRP fails to clear the $2.880 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.820 level. The next major support is near the $2.80 level and the trend line. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward $2.720. The next major support sits near the $2.70 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.80 and $2.720. Major Resistance Levels – $2.880 and $2.920.
- NEWSBTC
Ethereum Price Bounce Looks Promising – But Is This Rally Actually Real?
Ethereum price started a recovery wave above $4,050. ETH is now consolidating and might aim for more gains if it clears the $4,170 resistance. Ethereum remained stable above $3,820 and started a recovery wave. The price is trading above $4,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,170 and $4,200. Ethereum Price Recovers Ethereum price remained supported above the $3,820 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $3,880 and $4,000 resistance levels. There was a clear move above the 50% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. Besides, there was a break above a key bearish trend line with resistance at $4,000 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,050 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,150 level. The next key resistance is near the $4,170 level or the 76.4% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. The first major resistance is near the $4,200 level. A clear move above the $4,200 resistance might send the price toward the $4,250 resistance. An upside break above the $4,250 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,320 resistance zone or even $4,350 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,050 level. The first major support sits near the $4,000 zone. A clear move below the $4,000 support might push the price toward the $3,920 support. Any more losses might send the price toward the $3,880 region in the near term. The next key support sits at $3,820. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,050 Major Resistance Level – $4,200
The End of Retail Banking as a Place to Store Your Money
For generations, retail banks were seen as the safest place to keep money. Checking accounts offered convenience, savings accounts promised growth, and branches stood as symbols of security. That model worked in the past. Today, it no longer adds up. Leaving money in a retail bank has become one of the worst financial choices a […]
- NEWSBTC
Bitcoin Bounces Back – Could Current Recovery Trigger Fresh Bullish Momentum?
Bitcoin price found support near $108,680 and started a recovery wave. BTC is trading above $111,000 and facing hurdles near $112,500. Bitcoin started a fresh recovery wave above the $110,500 zone. The price is trading above $110,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $109,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $112,500 zone. Bitcoin Price Starts Recovery Bitcoin price managed to stay above the $108,500 zone and started a recovery wave. BTC settled above the $109,500 resistance zone to start the current move. There was a clear move above the 50% Fib retracement level of the downward wave from the $113,940 swing high to the $108,680 low. Besides, there was a break above a connecting bearish trend line with resistance at $109,600 on the hourly chart of the BTC/USD pair. The bulls even pushed the price above $112,000 before the bears appeared. Bitcoin is now trading above $111,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $112,400 level. The first key resistance is near the $112,500 level and another trend line. The next resistance could be $113,700 or the 76.4% Fib retracement level of the downward wave from the $113,940 swing high to the $108,680 low. A close above the $112,700 resistance might send the price further higher. In the stated case, the price could rise and test the $113,500 resistance. Any more gains might send the price toward the $114,500 level. The next barrier for the bulls could be $115,00. Another Drop In BTC? If Bitcoin fails to rise above the $112,500 resistance zone, it could start a fresh decline. Immediate support is near the $111,300 level. The first major support is near the $110,500 level. The next support is now near the $109,500 zone. Any more losses might send the price toward the $108,800 support in the near term. The main support sits at $107,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $111,300, followed by $110,500. Major Resistance Levels – $112,500 and $112,700.