Bitcoin’s Rise Continues as Matic Doubles in Value

2019-11-28 19:23

Bitcoin continues to advance on Thursday, following yesterday’s surge above $7,500. Traders quickly brushed aside the news of the UpBit exchange hack, and focused on more positive developments such as fresh record trading volumes on Bakkt’s Bitcoin futures exchange.

The broader cryptocurrency market is largely following BTC/USD moves, with 0x and TRON currently the top performing cryptocurrencies inside the top 20.

Matic Network continues its recent range multi-day breakout as the token gained more than 100 percent early October. 

The total cryptocurrency market capitalization is now $198 billion, an increase of 4.6 percent from Wednesday’s price opening. 

Bitcoin

Bitcoin should remain well-supported while trading above the $7,380 level. The one-hour time frame continues to show that an inverted head and shoulders pattern is in play with an $800 upside projection.

Short-term technical resistance is now located at the $7,700 level, with the $8,000 and $8,200 levels showing the strongest intraday resistance above.

BTC/USD by TradingView


Buyers ideally need to rally price above the $8,550 level in order for the cryptocurrency to resurface above its 200-period moving average on the four-hour time frame.

Matic Network

The recent range breakout in the MATIC/USD is a major technical development for the cryptocurrency, attracting a wave of new technical buying and interest among traders.

The price briefly came down to test the range break and then reversed sharply, providing confirmation that the breakout is genuine.

Near-term upside objectives for bulls are located at the $0.02650 and $0.2720 level. It is noteworthy that Matic Network’s all-time trading high is still located around eighty percent higher than its current trading value.

MATIC/USD by TradingView Overall Sentiment

According to the latest data from The TIE, sentiment toward the cryptocurrency market has improved to 59 percent.

Binance Coin has the strongest sentiment among the top 10 cryptocurrencies at 68 percent. Meanwhile, Stellar Lumen has the weakest at 33 percent.

The post Bitcoin’s Rise Continues as Matic Doubles in Value appeared first on Crypto Briefing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95673.44 (-1.31%)
Объем 24H $40.53b
Изменеия 24h: -1.52 %, 7d: -6.61 %
Cегодня L: $95673.44 - H: $97458.26
Капитализация $1898.09b Rank 1
Цена в час новости $ 7746.12 (1135.11%)

bitcoin continues exchange following value rise doubles

Источник: cryptobriefing.com

bitcoin continues → Результатов: 126


Фото:

Bitcoin Whales Dominance Hits All-Time Low As Long Term Holders’ Stash Continues To Balloon

According to blockchain analytics firm glassnode, Bitcoin whales’ dominance continues to diminish while coffers belonging to long-term holders continue to grow. Bitcoin Adoption Surging In recent years, and most notably since 2017, the rate of Bitcoin adoption has increased drastically thanks to the asset’s price run which has been fuelled by a huge number of retail […]

2022-1-3 21:54


Anonymous Bitcoin Whale Transfers 40,000 BTC, Valued At $211 Million, As Price In USD Recovers

Anonymous Bitcoin Whale Moves 40,000 BTC, Valued At $211 Million, As Bitcoin Continues To Recover As the Bitcoin market continues to recover and industry leaders are starting to share their positive predictions on what’s to come for the market, more news in favor of Bitcoin seems to be flourishing. Based on the claims made by […]

2019-5-1 21:52


Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment

Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup.

2018-6-22 21:43


PR: GIN Hits Three Milestones in One Week – Cryptopia Listing, PIVX Addition and Investor Dashboard Debut

The still young GINcoin cryptocurrency continues its ascension in the crypto market. With its rapid development, the project is ticking three important boxes last week: getting listed on Cryptopia, adding PIVX to the turnkey masternode deployment platform, and launching an all-in-one Investor Dashboard, where masternode owners can keep a close eye on all of their masternode investments.

2018-6-19 20:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bank of England leaves rates unchanged amid rising inflation

The BoE's decision to hold rates amid rising inflation may signal prolonged economic caution, impacting consumer spending and market stability. The post Bank of England leaves rates unchanged amid rising inflation appeared first on Crypto Briefing.