BAT and XLM Have Moved Above Their 200-Day MA’s

BAT and XLM Have Moved Above Their 200-Day MA’s
фото показано с : beincrypto.com

2020-6-9 00:00

The prices of both Basic Attention Token (BAT) and Stellar (XLM) have broken out from important resistance levels. While BAT is currently moving upwards, XLM might retrace a little further before potentially reversing its trend.

Basic Attention Token (BAT)

The weekly chart shows that BAT has broken out from a descending wedge that had been in place since October 2019. The price has reached a weekly close above the resistance line and has been moving upwards ever since.

The most important resistance area is found at 3100 satoshis, the top of the descending wedge.

BAT Chart By Tradingview

The daily chart provides an even more bullish outlook. The price has moved above the 2440 resistance area, something it had been struggling to do since March. The closest resistance levels are found at 2670 and 2850 satoshis, respectively, and the price is likely to reach them in the short-term.

In addition, during the breakout, the price also moved above the 200-day MA, which had been providing resistance for the past two months. The 50-day MA is moving upwards, possibly setting up a bullish cross between the two indicators.

BAT Chart By Tradingview

Therefore, the BAT price is expected to continue its rally upwards towards the two short-term resistance levels and possibly the long-term one at 3100 satoshis.

Well-known trader @Pentosh1 agrees with this assessment. He tweeted earlier today, pointing out that the price has flipped both a critical resistance area and a moving average (MA), paving the way for higher rates.

Source: Twitter Stellar (XLM)

The XLM price has also broken out from a long-term descending resistance line. Also, it has moved above both the 50 and 200-day moving averages, which previously made a bullish cross.

However, once the price reached the 900 satoshi area, it was rejected (June 4) and has since declined. The price is in the process of retracing, before possibly making another attempt at breaking out.

XLM is following an ascending support line, which is currently at 740 satoshis. This is the lowest level XLM can retrace and still be considered bullish.

XLM Chart By Tradingview

The short-term chart is, however, showing mixed signals. The 50 and 200-hour MA’s are in the process of making a bearish cross. Meanwhile, the RSI has developed bullish divergence.

The price is following a descending support line and is expected to slow its rate of decline since technical indicators do not give a clear direction of the trend.

The likeliest reversal area is found between 777-799 satoshis, the 0.5-0.618 fib levels of the entire upward move.

XLM Chart By Tradingview

Therefore, the XLM price is expected to continue selling off until it reaches the reversal area outlined above, and then possibly make another attempt at breaking out.

The post BAT and XLM Have Moved Above Their 200-Day MA’s appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Basic Attention Token (BAT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.2872
Капитализация $0 Rank 99999
Цена в час новости $ 0.2542 (-100%)

xlm bat moving upwards currently levels might

xlm bat → Результатов: 58


Карта Coinbase поддержит новые монеты

Американская биржа криптовалют Coinbase объявила об интеграции новых монет для своей карты Coinbase, увеличив их количество с 4 до 9. К добавленному ранее Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) и Litecoin (LTC) присоединились Ripple (XRP), Brave (BAT), Augur (REP), 0x (ZRX) и Stellar (XLM).

2019-11-16 12:50


У Coinbase Card появилась поддержка новых криптовалют

Биржа Coinbase добавила поддержку пяти новых криптовалют для своей дебетовой карты Visa и открыла сервис для ещё 10 европейских юрисдикций. Согласно Mashable, вдобавок к ранее поддерживавшимся биткоину, Ethereum, Bitcoin Cash и Litecoin теперь владельцы карты могут расплачиваться XRP, Basic Attention Token (BAT), Augur (REP), Stellar (XLM) и 0x (ZRX). Кроме того, к сервису были подключены Болгария, […]

2019-11-16 12:43


Фото:

Плюс 10 стран и 5 криптовалют: Coinbase расширила возможности дебетовой карты

Перечень криптовалют, которые поддерживает дебетовая карта Coinbase, выпущенная совместно с Visa, пополнили 5 цифровых активов. Информация об этом появилась в микроблоге проекта. Paying with crypto just got even easier: #CoinbaseCard customers can now spend using their BAT, XLM, XRP, ZRX and REP wallets.

2019-11-15 08:41


В Coinbase Earn появилась возможность заработать токены DAI

Компания Coinbase добавила ethereum-стейблкоин DAI в образовательную программу Earn, где пользователи могут зарабатывать криптовалюту за просмотр видео и выполнение тестов. Отметим, что это первый стейблкоин, добавленный в Coinbase Earn в дополнение к токенам EOS, XLM, ZEC, BAT и ZRX.

2019-6-11 14:12


Coinbase Earn дает заработать XLM, BAT, ZEC и ZRX

В декабре прошлого года криптобиржа Coinbase из Сан-Франциско запустила Coinbase Earn. Сайт Earn. com позволяет зарабатывать криптовалюту во время обучения, выполняя определенные задачи, например, просмотр видео.

2019-5-21 18:40


Who stands a better chance to be the Coinbase listing after ZEC: Stellar (XLM) or Cardano (ADA)

Now that Coinbase announced listing of ZEC on their platform, the initial pack of coins they revealed as top favorites to be added on the world largest fiat-crypto exchange is getting smaller. There are only ADA and XLM left to be listed as ZRX, BAT and now ZEC are all already sitting comfortably in their […] The post Who stands a better chance to be the Coinbase listing after ZEC: Stellar (XLM) or Cardano (ADA) appeared first on CaptainAltcoin.

2018-11-29 22:06


Circle Invest раздает монеты новым пользователям

Американская финтех-компания Circle привлекает новых пользователей в приложение Circle Invest обещанием начислить им 1 монету из двенадцати представленных на платформе: биткоин (BTC), Еthereum (ETH), Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Zcash (ZEC), Monero (XMR), Stellar (XLM), 0x (ZRX), Qtum (QTUM), EOS (EOS) и Basic Attention Token (BAT).

2018-11-14 09:37


Новым пользователям Circle Invest обещают по 1 бесплатной монете, включая биткоин

Американская финтех-компания Circle привлекает новых пользователей в приложение Circle Invest обещанием начислить им 1 монету из двенадцати представленных на платформе: биткоин (BTC), Еthereum (ETH), Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Zcash (ZEC), Monero (XMR), Stellar (XLM), 0x (ZRX), Qtum (QTUM), EOS (EOS) и Basic Attention Token (BAT).

2018-11-14 23:35


Фото:

Цены на Cardano, Zcash и Stellar растут в ожидании листинга на Coinbase

В ожидании возможного листинга на бирже криптовалют Coinbase цена Stellar(XLM) подскочила на 28% с $0. 22 до $0. 27 за последние 10 дней. Zach и Cardano также показали локальный рост, после чего их цена снизилась.

2018-11-12 17:41


Фото:

Почему Coinbase выбрала для листинга именно Cardano, BAT, Stellar, Zcash и 0x

11 июня Coinbase объявила о возвращении Ethereum Classic в свою платформу. Криптовалюта была удалена сразу после появления в результате форка в июле 2016-го. Вскоре после этого, в июле, биржа сообщила, что рассматривает возможность добавления на свою платформу еще пяти криптовалют — Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) и 0x (ZRX).

2018-7-25 08:40


Фото:

Как Tether влияет на курс биткоина

За последние несколько дней курс биткоина вырос более чем на 10%. Вероятные причины такого поведения связаны с событиями, которые произошли в крипто-индустрии: криптовалютная биржа Coinbase добавила в листинг Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) и 0x (ZRX).

2018-7-23 21:42


Cardano (ADA) Search Volume Spikes Following Coinbase Announcement

Cardano (ADA)–The eighth largest cryptocurrency by market capitalization continues to gain momentum following the landmark announcement by U. S. -based cryptocurrency exchange Coinbase. On Friday, Coinbase made waves across the industry by announcing it’s exploration into five new cryptocurrencies: Basic Attention Token (BAT), Zcash (ZEC), Stellar (XLM), 0x (ZRX), and Cardano (ADA).

2018-7-16 21:15


Фото:

Kraken посмеялась над анонсом листинга Cardano и ZCash на Coinbase

Вчера биржа Coinbase объявила о намерении добавить в листинг пять новых монет: Cardano, Basic Attention Token (BAT), Stellar Lumens (XLM), ZCash (ZEC) и 0x (ZRX). Представитель биржи отметил, что в первое время торговать ими смогут жители нескольких стран, в число.

2018-7-15 19:00


Coinbase announces potential listing of Cardano [ADA], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX]

On 13th July, Coinbase announced that they are exploring the addition of Cardano [ADA], Basic Attention Token [BAT], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX] to the platform. Coinbase’s tweet | Source: Twitter Coinbase confirmed that they will be working with local banks and regulators to add its new assets in as many jurisdictions […]

2018-7-15 15:20


Coinbase может добавить Ethereum Classic намного раньше

Криптовалютная платформа Coinbase сообщила о том, что добавление Ethereum Classic не займет много времени из-за её схожести с Ethereum. Такое заявление представители Coinbase сделали в дополнение к объявлению о новых поддерживаемых монетах: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) и 0x (ZRX).

2018-7-15 11:51


Bitcoin Cost Battles but 0x and BAT Surge Upon Coinbase Announcement

Advertisement Coinbase, the world’s largest crypto exchange, brokerage, and wallet platform has announced its intention to list Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX), causing the price of tokens to surge, while bitcoin has struggled to demonstrate any major price action. However, the Coinbase team emphasized that despite the

2018-7-14 22:18


ADA,BAT,XLM,ZEC,0x Surges After Coinbase Announcement of Possible Listing

Cryptocurrency trading is sure moving in the right direction and at a breakneck pace. Despite the decrease in prices of other leading crypto assets of late, the brokerage and exchange giant, Coinbase, recently announced in San Fransisco that it is discussing with regulators and banks over the introduction of five new crypto assets to their […] The post ADA,BAT,XLM,ZEC,0x Surges After Coinbase Announcement of Possible Listing appeared first on ZyCrypto.

2018-7-14 17:41


Coinbase Considering Adding Cardano, BAT, Stellar Lumens, Zcash, and 0x

Coinbase is exploring the potential addition of digital assets such as Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX). The renowned digital currency exchange notes that it cannot guarantee the listing of any of… The post Coinbase Considering Adding Cardano, BAT, Stellar Lumens, Zcash, and 0x appeared first on CoinCentral.

2018-7-14 12:52


Фото:

Cardano (ADA), BAT, Stellar (XLM), ZCash and ZRX Continue to Gain Amidst Coinbase News

In a tweet just yesterday, popular American cryptocurrency exchange known as Coinbase, announced that it was exploring the possibilities of adding the following 5 cryptocurrencies on its platform: Cardano (ADA) Basic Attention Token (BAT) Stellar (XLM) ZCash (ZEC) Ox (ZRX) The team at Coinbase added that: We are making this announcement internally at Coinbase and […] The post Cardano (ADA), BAT, Stellar (XLM), ZCash and ZRX Continue to Gain Amidst Coinbase News appeared first on Ethereum World News.

2018-7-14 10:10