Crypto Price Prediction: ThorChain (RUNE), Flare, Tron

2023-9-2 22:19

Cryptocurrencies jumped on Wednesday after Grayscale’s victory.

They then recoiled on Thursday after the SEC delayed its decision on ETFs.

Cryptocurrencies had a mixed week after Grayscale scored a major victory against the Securities and Exchange Commission (SEC). That verdict led to a major rebound of most cryptocurrencies like Bitcoin and Litecoin. 

The gains were short-lived after the SEC decided to delay its decision on several ETF proposals by companies like Blackrock, Invesco, and WisdomTree. This artcle looks at some of the top coins to watch this weekend, including Flare, Tron, and ThorChain (RUNE).

Flare price prediction

Flare price has moved sideways in the past few weeks. On the four-hour chart, we see that the coin has formed an ascending channel shown in black. This channel has seen it rise from a low of $0.012 on August 18th to the current $0.018. 

Flare is consolidating at the 50-period and 25-period  moving averages. It has also moved back to the lower side of the ascending channel. At the same time, the Relative Strength Index (RSI) and the Stochastic Oscillator (SO) have drifted upwards.

The outlook for the FLR token is mildly bullish as buyers target the upper side of the channel at $0.014. The alternative scenario is where the token makes a bearish breakout and retests the support at $0.012.

Tron price prediction

Tron price has been in a tight range in the past few days. It was trading at $0.076, where it has been since mid-August. The coin is consolidating at the 50-day moving average. 

On the daily chart, the coin has formed an ascending channel shown in black. The lower side of the channel connected the lowest levels since January 6th. At the same time, the price is at the Woodie pivot point while the Stochastic Oscillator has moved below 80.

Therefore, Tron price will likely remain in this range during the weekend. The key support and resistance levels to watch will be at $0.070 and $0.08.

ThorChain price prediction

ThorChain price has been one of the best-performing cryptocurrencies since June. The token surged from a low of $0.77 in June to a high of $1.93 in August. On the daily chart, the token has Jumped above the 50-day and 25-day moving averages.

The Stochastic Oscillator has moved below the neutral level of 40 while the Relative Strength Index (RSI) has formed a bearish divergence pattern. ThorChain seems to be forming a double-top pattern, meaning that the price could retest the upper side at $1.93.

The post Crypto Price Prediction: ThorChain (RUNE), Flare, Tron appeared first on CoinJournal.

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sec grayscale victory cryptocurrencies mixed etfs decision

Источник: coinjournal.net

sec grayscale → Результатов: 126


Фото:

Grayscale нанимает юриста из штаба Обамы перед решающей схваткой с SEC

Инвестиционная компания Grayscale в ходе подготовки к судебному разбирательству с SEC нанимает опытного юриста из команды экс-президента США Дональда Б. Веррилли-младшего.

2022-6-8 11:24


Grayscale: SEC должна преобразовать биткоин-траст в ETF

Одобрение фьючерсного биткоин-ETF от Teucrium является основанием для аналогичного решения по заявке Grayscale на преобразование GBTC в биржевой фонд. Об этом компания заявила в письме к SEC, пишет The Block.

2022-4-25 14:03


Фото:

Grayscale Threatens SEC with Legal Action: An Expert’s Comment

Grayscale Investments, the world’s largest digital assets fund manager, is threatening legal action against the US Securities and Exchanges Commission (SEC). According to Grayscale CEO Michael Sonnenshein, that could be the route for the asset manager should the SEC reject its application to convert its Bitcoin Trust (GBTC) product into a spot Bitcoin exchange-traded fund […] The post Grayscale Threatens SEC with Legal Action: An Expert’s Comment appeared first on Invezz.

2022-3-30 21:44


Wilshire Phoenix подала заявку на запуск нового биткойн-траста

Компания по управлению активами Wilshire Phoenix, известная тем, что подавала заявку на запуск ETF на биткойн, направила в SEC регистрационную форму на создание нового биткойн-траста. Судя по всему, новый траст Wilshire Phoenix должен составить конкуренцию аналогичному продукту компании Grayscale Investments, который собрал более $3.

2020-6-15 19:04


Фото:

Фонд Three Arrows Capital стал владельцем более 6% акций bitcoin-траста Grayscale

Three Arrows Capital стал владельцем 6,26% акций принадлежащего компании Барри Силбера криптовалютного траста Grayscale Bitcoin Trust (GBTC). Хедж-фонд направил в Комиссию по ценным бумагам и биржам (SEC) США отчет, согласно которому ему принадлежат свыше 21 млн акций GBTC стоимостью $259 млн (примерно 20 230 BTC), передает The Block.

2020-6-12 17:26


У Grayscale появился регулируемый SEC bitcoin-траст

Компания Grayscale Investments начала подавать отчетность об инвестиционной деятельности клиентов, связанной с цифровыми активами, в адрес Комиссии по ценным бумагам и биржам США (SEC). Информация об этом появилась в пресс-релизе организации.

2020-1-22 08:57


Grayscale зарегистрировала биткоин-траст GBTC в SEC и расширила возможности для инвесторов

Grayscale Bitcoin Trust стал первым инструментом инвестирования в цифровые активы, по которому официально предоставляются отчеты формы 10-K в Комиссию по биржам и ценным бумагам США (SEC). Grayscale Investments, управляющая биткоин-трастом компания, подала заявку регулятору на регистрацию формы 10-K для GBTC в ноябре.

2020-1-21 20:31


Grayscale Bitcoin Trust Investors Paid Top Dollar At The Highest Point Of BTC Before Fast Drop Last Year

Bitcoin Investors Paid Top Dollar For The Highest Point Of Bitcoin Before Fast Drop Last Year Bitcoin has been plummeting recently. Between the hard fork and the continued aggression of the SEC, the cryptocurrency world has been taking a beating, which is making some publications reflect on the patterns of last year as well. Bloomberg […]

2018-11-22 20:05


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