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Giá vàng hôm nay ngày 5/5: Tiếp tục tăng mạnh
Giá vàng thế giới tiếp tục có những biến động tăng giảm thất thường. Theo đó, giá vàng trong nước cũng bất ngờ tăng mạnh và gần chạm ngưỡng 56 triệu đồng/lượng. Giá vàng trong nước Giá vàng tiếp tục đà tăng sau kỳ nghỉ lễ nhưng mức tăng không bằng thế giới khiến khoảng cách chênh lệch SJC cao hơn còn 5,8 triệu đồng/lượng. Công ty VBĐQ Sài Gòn (SJC) niêm yết giá vàng mua vào ở mức 55,47 triệu đồng/lượng; giá bán ra là 55,82 triệu đồng/lượng, cùng tăng 170.000 đồng/lượng ở chiều mua vào và bán ra so với cuối phiên giao dịch trước. Chênh lệch giá bán đang cao hơn giá mua 350.000 đồng/lượng. Tập đoàn DOJI niêm yết giá vàng mua vào - bán ra ở mức 55,45-55,85 triệu đồng/lượng, tăng 300.000 đồng/lượng ở chiều mua vào và tăng 250.000 bán ra so với phiên giao dịch trước đó. Chênh lệch giá mua - bán vàng đang ở mức 400.000 đồng/lượng. Giá vàng thế giới tiếp tục tăng mạnh. Trên trang Kitco.com, giá vàng đang được niêm yết ở mức 1.788 USD/ ounce. Quy đổi theo giá USD tại Vietcombank, 1 USD = 23.150 VND, giá vàng thế giới tương đương 49,87 triệu đồng/lượng, thấp hơn giá vàng SJC bán ra 5,95 triệu đồng/lượng ở thời điểm hiện tại.
Giá vàng hôm nay ngày 5/5: Tiếp tục tăng mạnh Giá vàng thế giới Một số chuyên gia dự báo giá vàng sẽ tăng vượt qua mức 1.800 USD/ounce trước những phân tích liên quan đến các gói hỗ trợ kinh tế của Mỹ sẽ gây ra lạm phát. Người đứng đầu chiến lược toàn cầu của TD Securities, Bart Melek dự báo vàng sẽ tăng tốt qua 1.800 USD/ounce. Ngân hàng này vẫn duy trì mục tiêu 1.900 USD/ounce sắp tới của vàng. Trong tuần này, nhiều chỉ số kinh tế của Mỹ quan trọng được công bố như các đơn đặt hàng của nhà máy, việc làm phi nông nghiệp của ADP và PMI phi sản xuất của ISM, cũng như các tuyên bố thất nghiệp… Giá cả hàng hóa cao hơn sẽ thúc đẩy lạm phát và đây là chất xúc tác giúp vàng tăng giá. Mỹ công bố dữ liệu ISM chế tạo giảm mạnh trong tháng qua, chỉ đạt 60,7%, thấp hơn con số dự báo 65%. Điều này đã làm giá USD, lợi tức trái phiếu giảm trở lại và hỗ trợ vàng tăng. Lợi suất trái phiếu kho bạc đã giảm mất khoảng 3 điểm cơ bản và hiện giao dịch ở mức khoảng 1,608%. Trái phiếu kỳ hạn 10 năm cao hơn, dẫn đến lợi suất thấp hơn, là kết quả của báo cáo PMI sản xuất ISM cho tháng 4, ở mức 60,7. Con số này thấp hơn nhiều so với dự báo kinh tế, vốn dự kiến con số là 65 hoặc cao hơn. Về mặt kỹ thuật, những nhà đầu cơ giá vàng kỳ hạn tháng 6 đã nhanh chóng lấy lại lợi thế kỹ thuật tổng thể trong ngắn hạn khi xu hướng tăng kéo dài 5 tuần trên biểu đồ ngày đã được khởi động lại. Mục tiêu tăng giá tiếp theo là tạo ra mức đóng cửa trên mức kháng cự vững chắc 1.850,00 USD. Mục tiêu giá giảm trong ngắn hạn tiếp theo là đẩy giá vàng xuống dưới mức hỗ trợ kỹ thuật vững chắc 1.750,00 USD. Nguồn: congthuong.vn Read the full article
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Utility Communication Market by Technology Type(Wired and Wireless), Utility Type, Component (Hardware and Software), Application (Oil & Gas Network, T&D), End User (Residential, Commercial, and Industrial) and Region- Global Forecast to 2026 published on
https://www.sandlerresearch.org/utility-communication-market-by-technology-typewired-and-wireless-utility-type-component-hardware-and-software-application-oil-gas-network-td-end-user-residential-commercial-and-indus.html
Utility Communication Market by Technology Type(Wired and Wireless), Utility Type, Component (Hardware and Software), Application (Oil & Gas Network, T&D), End User (Residential, Commercial, and Industrial) and Region- Global Forecast to 2026
“The global utility communication market size is projected to grow at a CAGR of 4.4%, from 2021 to 2026.”
The global utility communication market size is projected to grow from an estimated USD 18.7 billion in 2021 to USD 23.2 billion by 2026, at a CAGR of 4.4% from 2021 to 2026. The key drivers for the utility communication market include growing investment in smart grids modernization of electricity networks; focus on improving grid reliability, increasing operating efficiency, reducing outage length; consolidating trend of digitalization oilfield communication; and government initiative to support deployment of smart grid technologies.
“The wired segment is expected to hold the largest share of the utility communication market, by technology type, during the forecast period.”
The wired segment is estimated to lead the utility communication market during the forecast period. Wired segment mainly includes optic fiber, Ethernet, powerline carrier, SONET/SDH, MPLS-IP, and MPLS-TP. Optic fiber and Ethernet are the most preferred medium for networking in utility communication. Optic fiber offers higher bandwidth support and speed, which helps in providing high performance, reliability, and improved coverage. The market for wired segment is driven by the versatility, speed and reliability offered by the segment. Asia Pacific is estimated to hold the largest share of the utility communication market, followed by North America because of the increasing need to upgrade aging infrastructure are expected to drive the market for utility communication market.
“Asia Pacific: The fastest-growing market for utility communication.”
The Asia Pacific is the fastest-growing market for utility communications, followed by Europe. The region has been segmented, by country, into China, Japan, India, Australia, South Korea, Malaysia, and Rest of Asia Pacific. Rest of Asia Pacific mainly includes Thailand, Vietnam, Indonesia, and Singapore. There is a high demand for electricity in Asia Pacific, which is also the most populated region in the world. Countries such as China, Japan, and South Korea are continuously investing in grid expansion projects to increase the reliability and resilience of distribution grids, which is likely to drive the demand for utility communication solutions and related services in the coming years. Besides, the smart grid market in the Asia Pacific region is expected to grow substantially in the coming years. The region is expected to invest about USD 9.8 billion in the development of smart grid infrastructure between 2018 and 2027. Asia Pacific is also moving toward clean energy on a large scale to meet the growing energy needs of the region.
Major economies such as China, Japan, and India have ambitious solar and wind-based renewable power generation targets. According to the Renewable Energy Policy Network (REN21), China accounted for 45% of the total global investment (nearly USD 126.6 billion) in renewable power generation projects in 2017, followed by India, with an investment of USD 10.7 billion. Investments in infrastructure modifications are driven by the country’s aging power infrastructure. All these investments are likely to drive the market for utility communication solutions and services in Asia Pacific.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, Tier 3- 11%
By Designation: C-Level- 30%, D-Level- 25%, Others- 45%
By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, Middle East & Africa- 8%, , and South America- 12%
Note: The tier of the companies has been defined based on their total revenue; as of 2017: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = < USD 1 billion.
The key players in the utility communication market include companies such as ABB (Switzerland), Schneider Electric (France), Siemens (Germany), General Electric (US), and Motorola Solutions (US).
Study Coverage:
The report provides a complete view of the utility communication market across regions. It aims at estimating the market size and future growth potential of the market across different segments such as technology type, utility type, component, application, end user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.
The market has been segmented based technology type, utility type, component, application, end user, and region, with a focus on industry analysis (industry trends). The market share analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the utility communication market.
Key Benefits of Buying the Report
The report identifies and addresses the types of utility communication that are essential for the efficient operation
The report helps solution providers understand the pulse of the market and provide insights into drivers, opportunities, restraints, and challenges.
The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
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Tin tức tiền ảo hôm nay 20/05. Giá Bitcoin dao động nhẹ
Giá bitcoin hôm nay dao động nhẹ, trong lúc thị trường có nhiều đồng tiền giảm giá. sự kiểm soát của Trung Quốc đối với mảng khai thác tiền kĩ thuật số sẽ sớm bị thách thức bởi những người “đào tiền” tại Mỹ
Giá bitcoin hôm nay ghi nhận vào thời điểm 9h015 ở mức 9,746 USD, tăng 1.228% so với 24 giờ trước.
Trên thị trường, có 60/100 đồng tiền hàng đầu theo giá trị thị trường giảm giá.
Mức tăng cao nhất thị trường hôm nay thuộc về Steem, tăng 18,78%. Tỉ lệ giảm giá cao nhất thị trường đạt 14,73% (Electroneum).
Trong top 10, có đến 6/10 đồng giảm giá so với 24 giờ trước.
Ethereum mất 0,57% trong 24 giờ qua, còn 212,96 USD.
Ripple giảm 0,36% trong ngày, còn 0,2039USD.
Tether giảm 0,44% so với 24 giờ trước, xuống 0,9974 USD.
Bitcoin cash giảm 0,51% trong ngày, ghi nhận ở 245,65 USD.
Litecoin tăng 0,36% so với 24 giờ trước, đạt 45,30 USD.
Binance cointăng mạnh nhất top 10 với tỉ lệ 2,71%, lên 17,04 USD.
Eos giảm 0,62%, còn 2,63 USD.
Tezos tăng lên 2,82 USD, tăng 2,57%.
Tổng giá trị thị trường tiền kĩ thuật số hôm nay ghi nhận vào thời điểm 6h23 ở mức 264,29 tỉ USD. So với 24 giờ trước, tổng giá trị thị trường tăng 0,60 tỉ USD. Khối lượng giao dịch toàn thị trường trong 24 giờ qua đạt 125,71 tỉ USD, giảm 6,9% so với ngày 19/5.
Texas muốn giành thị trường đào tiền ảo với Trung Quốc
Sự kiện chia nửa phần thưởng bitcoin vừa xảy ra. Và theo AMB Crypto kết quả của sự kiện này sẽ sớm diễn ra, sự kiểm soát của Trung Quốc đối với mảng khai thác tiền kĩ thuật số sẽ sớm bị thách thức bởi những người "đào tiền" tại Mỹ.
Dự án gần đây được đưa ra tại Texas của nhà đầu tư Peter Thiel thu hút nhiều sự chú ý của nhà khai thác và người yêu thích bitcoin trên khắp thế giới. Nhiều thợ đào mỏ dự đoán do chi phí điện rẻ của bang và môi trường quản lí độc nhất, các hầm mỏ khai thác bitcoin có thể tăng trưởng vượt bậc, và mang đến sự thay đổi về phân phối địa lí của các mỏ đào.
Ethen Vera, Giám đốc tài chính tại Luxor pool, chia sẻ tầm nhìn này trong cuộc phỏng vấn mới đây với AMBCrypto: "Tôi nghĩ trong dài hạn, chúng ta sẽ thấy sự chuyển đổi lớn hơn sang Bắc Mỹ. Nếu tôi phải nhận định, trong 2 năm tới, tỉ lệ khai thác của Trung Quốc sẽ giảm từ 65% xuống 50-55% và phần lớn sẽ chuyển sang Bắc Mỹ, đặc biệt là Texax".
Libra bổ nhiệm trưởng ban tư vấn
Hiệp hội Libra vừa chỉ định giám đốc tiền nhiệm của FinCEN và OFAC Robert Werner làm luật sư trưởng của Libra.
Ngày 19/5, Hiệp hội Libra, tổ chức phía sau dự án đồng tiền ổn định giá của Facebook, vừa công bố việc bổ nhiệm Robert Werner vào vị trí trưởng ban tư vấn, một phần trong chiến lược đàm phán với các nhà quản lí.
Werner mang đến cho Libra kinh nghiệm rất lớn trong mảng tư nhân và công chúng, bao gồm chức danh điều hành Mạng lưới Thi hành Luật pháp về Tội phạm Tài chính Hoa kì (FinCEN) và giám sát chính sách và điều lệ của HSBC và Goldman Sachs.
Ethereum chứng kiến ba sự kiện lớn, giá có thể tăng mạnh trong thời gian tới
Ethereum Future có sẵn tại Hoa Kỳ: Vào tuần trước, ETH có thị trường tương lai đầu tiên do CFTC tại Hoa Kỳ quản lý khi ErisX, sàn giao dịch được hỗ trợ bởi những người chơi nổi tiếng như TD Ameritrade, cho ra mắt hợp đồng tương lai. Các nhà phân tích tiền điện tử hàng đầu hy vọng sự ra mắt của hợp đồng tương lai ETH sẽ khiến giá của nó di chuyển lên cao hơn.
Reddit tiết lộ dự án token dựa trên Ethereum: Diễn đàn trực tuyến hàng đầu, Reddit, một trong những trang web được truy cập nhiều nhất trên internet, đã xác nhận tính năng mới có tên là “Community Points” vào tuần trước. Tính năng này sẽ dựa trên testnet Ethereum, cho phép hàng triệu người dùng của Reddit có thể truy cập vào các tính năng đặc biệt. Cuối cùng, các token sẽ được di chuyển sang mạng lưới Ethereum chính.
Visa có thể đang xây dựng hệ thống USD kỹ thuật số trên Ethereum: Visa đã nộp bằng sáng chế vào ngày 14 tháng 5, trong đó phác thảo một quy trình sẽ biến tiền fiat, có thể là đồng USD, yên, nhân dân tệ, … thành tài sản blockchain. Bằng sáng chế đã đề cập đến việc sử dụng mạng lưới Ethereum. Công ty thanh toán đa quốc gia đã nhắm đến việc mang dịch vụ thanh toán lên mạng lưới Ethereum, điều này sẽ làm tăng đáng kể nhu cầu về ETH và sẽ đưa hàng triệu người dùng mới tiếp cận không gian tiền điện tử.
Mặc dù những phát triển này có thể không có tác động rõ ràng ngay lập tức đối với nhu cầu về ETH, nhưng chúng rất quan trọng đối với hiệu ứng mạng lưới của tài sản, một khái niệm kinh tế cho thấy giá trị của một mạng lưới (như Facebook hoặc đồng USD) gắn liền với số lượng người sử dụng nó.
source https://tygia.vn/chi-tiet/tin-tuc-tien-ao-hom-nay-20-05-gia-bitcoin-dao-dong-nhe
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Midtown tower One Vanderbilt sẽ biến khu vực Grand Central thành thiên đường cho người đi bộ Nó đã được sáu năm thành lập, và bây giờ, One Vanderbilt - tòa tháp văn phòng mới lớn đầu tiên của East Midtown trong hơn nửa thế kỷ - là sáu tháng kể từ ngày khai trương. Chúng tôi đã có cái nhìn đầu tiên về những gì trong cửa hàng dành cho khách thuê, khách và 750.000 hành khách quá cảnh đi qua Grand Central Terminal mỗi ngày. Đại lộ Vanderbilt bị tắc nghẽn giao thông giữa Đông 42 và 43 sẽ sớm trở thành quảng trường dành cho người đi bộ - một tính năng trung tâm của chương trình cải thiện dòng chảy và đám đông trị giá 220 triệu đô la mà SL Green được yêu cầu cung cấp cùng với tòa nhà chọc trời mới. Quảng trường và các tiện nghi khác là lịch sự của một thỏa thuận năm 2014 giữa SL Green và thành phố để cho phép nhà phát triển xây dựng một tòa tháp với diện tích sàn gấp đôi so với quy hoạch trước đó cho phép. Đó là một bước đột phá cho East Midtown, nơi các tòa nhà văn phòng trung bình 70 tuổi. Tái phân vùng Đại lộ Vanderbilt 2015 yêu cầu các nhà ph��t triển cung cấp các bản nâng cấp quá cảnh và cho người đi bộ để giảm bớt tình trạng đông đúc và cải thiện lưu lượng người đi bộ trong và xung quanh Nhà ga Grand Central bị tắc nghẽn khét tiếng. SL Green phải hoàn thành tất cả trong số họ trước khi đám mây trị giá 3,3 tỷ đô la, rộng 1,7 triệu mét vuông, cao 1501 feet có thể nhận được giấy chứng nhận chiếm dụng vào mùa hè này. Điều này có thể giải thích tại sao công việc là ba tháng trước thời hạn. Người thuê văn phòng sẽ bắt đầu di chuyển trong tháng Tám này. Hình ảnh được hiển thị lần đầu tiên ở đây cho thấy một lối đi thoáng đãng, thoáng đãng trên đại lộ Vanderbilt Avenue, phía nam nằm giữa One Vanderbilt và nhà ga mốc. Quảng trường rộng 14.000 foot vuông có năm người trồng được neo đậu bởi những cây châu chấu mật ong. Giao thông tự động di chuyển về phía nam trên Vanderbilt sẽ được chuyển hướng về phía tây trên Phố 43. Không giống như hầu hết các trung tâm thương mại khác, nó không có chỗ ngồi. SL Green và Peter Walker Walker PWP Architecture Architecture đã làm việc với Ủy ban thiết kế công cộng thành phố để đảm bảo dòng chảy và chuyển động tối ưu cho người đi bộ - trái ngược với các căn cứ lởm chởm của nhiều trung tâm thương mại khác. Từng mảnh, cả tòa tháp được thiết kế bởi Kohn Pedersen Fox và các phần bổ sung quá cảnh đang được chú trọng. Một tour du lịch tiết lộ các tầng văn phòng không có cột với chiều cao trần lên tới 24 feet. Một tầng quan sát trong nhà và ngoài trời ở đỉnh tháp Tháp, cao hơn 1.000 feet so với mặt đường, mang đến tầm nhìn tuyệt vời theo mọi hướng. Nó sẽ mở vào quý IV năm 2021. Bộ bài sẽ cao 1.000-1.050 feet trong ba cấp độ - một sợi tóc ngắn hơn Edge cao 1.100 feet tại Yards liên quan 30 Hudson, nhưng nằm ở trung tâm hơn trong trung tâm Midtown. Các cải tiến vận chuyển đã phát triển từ các cuộc đàm phán với MTA, Sở Kế hoạch Thành phố, các ban cộng đồng 5 và 6, Chủ tịch Manhattan Borough Gale Brewer và Ủy viên Hội đồng Dan Garodnick. Một số đã được mở, bao gồm các cầu thang mới giữa tầng lửng và tầng trệt của các tuyến tàu điện ngầm 4, 5 và 6, hai lối vào tàu điện ngầm cấp đường mới và một tuyến đường ngầm mở lại nối nhà ga với tòa nhà Socony Mobil cũ ở 150 E. Đường số 42 Lớn nhất vẫn chưa đến: một hội trường quá cảnh rộng 4.000 feet vuông bên trong tòa tháp góc phía đông bắc. Nó sẽ kết nối với nhà ga và cũng với các nền tảng Đường sắt Long Island hiện đang được xây dựng sâu dưới mặt đất. Dự án MTA từ phía đông truy cập cuối cùng cũng có ngày kết thúc vào cuối năm 2022. Không giống như tại các dự án phát triển lớn khác như Hudson Yards và Trung tâm Thương mại Thế giới, SL Green không nhận được trợ cấp công cộng hoặc giảm thuế để xây dựng One Vanderbilt - có nghĩa là nó không thể chuyển chúng cho người thuê dưới hình thức giảm giá thuê hiệu quả. Mặc dù vậy, One Vanderbilt đã được cho thuê trước 65% cho người thuê tài chính và pháp lý bao gồm TD Bank, TD Securities, Carlyle Group, Sentinel Capital Partners, Greenberg Traurig và McDermott, Will & Emery. Điều khoản không có sẵn. Nhưng như The Post từ Lois Weiss đã báo cáo, một bài thuyết trình của nhà đầu tư SL Green vào tháng 12 đã tiết lộ rằng giá thuê trong tòa tháp dao động từ $ 125 đến $ 300 mỗi foot vuông. SL xanh Nhà hàng phục vụ Daniel Boulud sẽ có ít không gian hơn nhưng nhiều hơn nữa tầm nhìn công cộng - một quán ăn và phòng khách rộng 11.000 foot vuông, hầu hết nằm trên tầng thứ hai của tòa tháp nhìn ra đường 42. Một trần dốc sẽ là 65 feet trên sàn tại điểm cao nhất của nó. Bouoid là một người thuê nhà, nhưng là đối tác trong nhà hàng với SL Green cũng như một nhà đầu tư. Giám đốc điều hành của SL Green, Rob Schiffer, tự hào rằng One Vanderbilt đã xác định lại đường chân trời New York và công ty của ông đầu tư 220 triệu đô la vào cơ sở hạ tầng công cộng xung quanh nhà ga hiện đang đóng vai trò là mô hình phát triển ở East Midtown. Các đối tác của REIT, được giao dịch công khai trong One Vanderbilt là quỹ hưu trí NPS và Hines của Hàn Quốc. SL Green đã phải điều hướng một mê cung chính trị và pháp lý quanh co để đưa dự án lên khỏi mặt đất. Bên cạnh việc cần thỏa thuận tái phân vùng, nó đã phải làm chệch hướng một vụ kiện trị giá 1,3 tỷ USD của chủ sở hữu quyền hàng không Grand Central Terminal Andrew và giành được sự chấp thuận của Tòa thị chính bất chấp sự phản kháng từ các ban cộng đồng muốn tòa tháp được thiết kế lại. .[ad_2] Nguồn
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VeChain (VET) ралли и новые достижения платформы
https://crypto-hunter.info/vechain-vet-rally-and-new-platform-achievements/
VeChain (VET) ралли и новые достижения платформы
После решения китайского президента Си Цзиньпина поставить страну на передний край технологии блокчейна, VeChain (VET) пережил массовый митинг. С тех пор эта криптовалюта выросла на 176 процентов. И бычий импульс может продолжиться, так как Фонд VeChain продолжает расширять использование этого токена.
Токенизация внутриигровых активов
Джейми Томсон, британский писатель и лауре��т смешного приза имени Роальда Даля 2012 года, объявил, что одна из его самых продаваемых книг в 1980-х годах «Путь тигра» будет возрождена и переименована в «Арену смерти».
В пресс-релизе Томсон сообщил, что «самурайская игра, наполненная ниндзя, будет превращена в карточную игру с блокчейном, работающую на VeChain».
Томсон подтвердил:
«Мы собирались перезапустить се��ию в формат компьютерной игры, но эта новая технология (блокчейн) просто имела больше смысла. Представьте, что вы играете в Magic the Gathering, но, зная, что у вас есть карта, она действительно принадлежит вам. Или, если мы скажем, что есть только 100 выпусков предмета или навыка, вы знаете, что на самом деле есть только 100 выпусков ».
Отмеченный наградами автор хочет извлечь выгоду из растущей популярности неигрируемых токенов в игровом мире. Как и многие другие игры, такие как Gods Unchained, смогли извлечь выгоду из использования этой технологии.
Решение о запуске игры по протоколу VeChain в основном связано с ее масштабируемостью и простотой разработки. По словам Томсона, VeChain делает возможным использование цифровых карт и игровых предметов «без необходимости разбираться со всеми криптографическими вещами».
Решения для отслеживания
VeChain также расширяет свои сферы применения в широком спектре отраслей благодаря своей платформе «блокчейн как услуга», ToolChain. Это решение, которое предоставляет различные услуги для бизнеса любого размера, включая управление цепочками поставок и управление процессами, а также хранение и сертификацию данных.
Например, в августе 2018 года Фонд VeChain начал работу над платформой для отслеживания наркотиков, мониторинга, безопасности и аудита. Идея заключалась в том, чтобы помочь фармацевтической промышленности Китая, которая была заражена многочисленными скандалами в отношении ложно документированных и незаконно проданных вакцин.
В информационном агентстве Синьхуа, официальном государственном агентстве печати в Китае, в середине ноября было показано, что общенациональная система отслеживания вакцин должна быть запущена в марте 2020 года.
По словам Яна Цзяньина, заместителя директора Национального управления лекарственных средств:
«Система будет охватывать информацию обо всей цепочке поставок продукции всех отечественных производителей вакцин и информацию о вакцинации из департаментов здравоохранения. Создание национальной системы объединит весь процесс производства, распространения и вакцинации вакцин, чтобы вакцины можно было отслеживать. [Это] позволит улучшить наглядность состояния заказа, статуса отгрузки и инвентаря поставщиков вакцин, чтобы власти могли лучше контролировать ».
Кроме того, VeChain представила первое межконтинентальное логистическое и торговое решение, основанное на публичном блокчейне для пищевой промышленности и индустрии напитков в начале прошлого месяца. Дублированный Foodgates, он будет предоставлять проверенную и сертифицированную информацию о полном жизненном цикле различных продуктов.
Кевин Фенг, главный операционный директор VeChain, считает, что неизменность общедоступной цепочки блоков VET в сочетании с проверяемой информацией делает это решение «уникальным». Пользователи смогут отслеживать любой продукт, например, говядину, из «отбора коров, убоя, фасовки, кросс-континентальной». доставка до ресторанов ».
Поскольку Фонд VeChain продолжает расширять возможности VET для решения реальных проблем, цена этой криптовалюты стремительно растет. За последние 36 часов криптовалюта выросла более чем на 36 процентов и достигла максимума в 0,0078 доллара. И это может быть сигналом дальнейшего продвижения.
Технический анализ
Инвесторы, похоже, очень оптимистичны в отношении будуще��о VeChain. Эта криптовалюта недавно достигла самой высокой отметки за последние пять месяцев, основываясь на «Социальном объеме». Согласно данным LunarCRUSH, провайдера аналитических данных, основанного сообществом, в час публикуется 260 постов.
Большинство этих постов содержат положительные отзывы о VET. Это позволило продвинуть бычьи настроения вокруг этой криптовалюты дальше. За последние два дня VET набрал 3114 баллов по шкале бычьих настроений LunarCRUSH. И теперь он занимает первое место среди всех других криптовалют с точки зрения производительности и социальной активности.
График бычьих настроений VeChain
Позитивизм в отношении VET также может быть воспринят по его цене как золотой крест, развернутый на его однодневном графике. Эта техническая форма произошла в конце октября между 7, 30 и 50-дневными скользящими средними. Поскольку краткосрочная скользящая средняя пересекла уровень выше долгосрочной скользящей средней, это сигнализировало о бычьем прорыве, результатом которого стало массовое ралли на 176 процентов.
Хотя VeChain недавно восстановился более чем на 40 процентов, 50-дневная скользящая средняя смогла выступить в качестве поддержки, позволяющей этому крипто-восстановлению восстановиться. Теперь VET вернулся выше 7-дневной скользящей средней, что является явным признаком того, что бычий тренд сохранится.
VET / USD от TradingView
Последовательный индикатор TD также поддерживает идею, что VET связано для дальнейшего продвижения вперед. Этот технический индекс представлял сигнал на покупку в тот момент, когда текущая зеленая свеча начала торговаться выше предыдущей зеленой свечи.
VET / USD от TradingView
В том же духе дивергенция конвергенции скользящего среднего (MACD) стала бычьей. Этот технический индикатор следует по тренду и рассчитывает его импульс. Когда 12-дневная EMA пересеклась выше 26-дневной EMA, шансы на очередной подъем выросли.
VET / USD от TradingView
Если VET действительно направлен на бычий импульс, ему сначала придется закрыть недавний максимум в $ 0,0081. Вот где находится уровень восстановления Фибоначчи 65%. Такое продвижение, скорее всего, приведет к достижению следующего уровня сопротивления около 78,6 Фиб, на уровне $ 0,0090.
VET / USD от TradingView
Именно здесь модель IntoTheBlock In / Out Money видит 1800 адресов, содержащих 10,64 млн. ПТО, что может служить сопротивлением. Этот технический барометр учитывает распределение VeChain по отдельным кошелькам на основе текущей цены. В соответствии с этим, главная точка сопротивления, с которой пришлось бы столкнуться этой криптографии, если бы она продолжала расти, находится в диапазоне от 0,0128 до 0,0136 долл. США, причем 1800 адресов содержат почти 40 млн. ПТО.
Модель IntoTheBlock In / Out Money
Несмотря на бычий прогноз, стоит отметить, что прорыв ниже уровня 61.8 Фибоначчи может вызвать откат. За скачком ордеров на продажу с текущего уровня цен может последовать движение вниз к 50 Fib, на уровне $ 0,0068.
Движение вперед
Фонд VeChain продолжает доказывать реальную полезность, которую имеет VET. Это может быть основной движущей силой массового ралли, которое эта криптовалюта пережила за последние два месяца. Хотя основатель VeChain Санни Лу недавно заявил, что «99% [ценности токена] связано со спекуляцией», Фонд делает все возможное, чтобы принест�� пользу обществу путем ра��работки реальных решений. Это может быть основной причиной, по которой, с технической точки зрения, VeChain, похоже, готовится к дальнейшему продвижению.
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Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis
New Post has been published on https://dashbrokerreview.com/top-3-altcoins-ethereum-xrp-and-litecoin-technical-analysis-2/
Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis
The top three altcoins seem to have entered a bull market as more investors show signs of fear-of-missing-out. This technical analysis will determine whether Ethereum, XRP, and Litecoin are poised to continue surging following the massive rally that they all have experienced since mid-December 2018.
Ethereum
A bullish engulfing pattern has formed on Ethereum’s 1-week chart since one of the most recent candlesticks is completely overtaking the body of the previous one. This is considered a reversal formation indicating that ETH could go up higher.
It is worth noting that the greater the number of red candlesticks preceding the engulfing candle, the higher the chances for a bullish reversal, but a rising volume will play a key role in validating the pattern.
In addition, for the bull trend to continue Ethereum will have to break above the 150-week moving average, which has been acting as a strong point of resistance for the last 5 weeks. After being tested for so long, the 150-week MA could be losing its strength, increasing the probability of a breakout that could take ETH to test the 100-week MA that is sitting around $400.
ETH/USD chart by TradingView
On the 3-day chart, a bull flag appears to be developing. This is a continuation pattern that formed after the upswing that took Ethereum from $170 to $279, known as the flagpole, and was followed by the current consolidation period between $279 and $233, which is forming the flag and could lead to a breakout in the same direction as the initial movement.
This bullish formation predicts a 40 percent surge that is given by measuring the height of the flagpole and adding it to possible breakout point at $279.
The bull flag will be invalidated if Ethereum moves below the lowest point of the flag at $233.
ETH/USD chart by TradingView
The Bollinger Bands on the 1-day chart seem to be coming closer together, compressing the middle band or 20-day moving average. This process is called a squeeze, which indicates that after the current period of low volatility another period of high volatility will follow.
Although the bands do not give a clear indication when the breakout may occur or which direction the price could move, based on the larger timeframes, evidence suggests it will go.
ETH/USD chart by TradingView
XRP
XRP appears to be trying to break above the $0.46 resistance level on the 1-day chart after bouncing off the $0.38 support.
As a rule of thumb, support and resistance levels are based on historical data that help identify the price points that act as barriers in bearish or bullish moves, pausing the continuation of a trend due to unusually high supply or demand.
Therefore, if XRP is able to break above resistance it could rise higher to try and reach the next hurdle point at $0.54. Failing to move above $0.46 could trigger a pullback to $0.38 or even $0.30.
XRP/USD chart by TradingView
On the 3-day chart, XRP is trading above the 7-three-day moving average. Continuing to trade above the 7-three-day MA will be a good sign for prolonging the bullish trend, but breaking below it could take XRP to test the support given by the 30 or even the 50-three-day moving average.
XRP/USD chart by TradingView
A bull pennant appears to be forming on the 1-day chart. This is a continuation pattern, similar to a bull flag, that was created after the 60 percent move that XRP went through, known as the flagpole, and was followed by the current consolidation period that is building the pennant and could lead to a bullish breakout.
This technical formation predicts a 30 percent upswing upon the break of the pennant but could be invalidated if XRP moves below $0.41.
XRP/USD chart by TradingView
Litecoin
Litecoin is trading between a series of support and resistance levels that have acted as hurdles during its price movements due to the concentration of buy and sell orders on the 1-week chart.
If LTC is able to move above the $145 resistance level, it will most likely try to test the next one at $184.5.
Conversely, if it trades below the $115 support level, a drop down to the next level demand at $93.5 could be expected.
LTC/USD chart by TradingView
Litecoin can be seen trading inside an ascending parallel channel since mid-December 2018 on the 3-day chart. Its price action has basically been contained between two upward sloping parallel lines allowing LTC’s price to make higher highs and higher lows as it moves.
Based on the TD Sequential Indicator, Litecoin is on a green nine, which is a sell signal. Since it is trading around the middle of the channel, the bearish signal could take it down to the bottom of the channel.
A breakdown below the ascending parallel channel could indicate a possible trend change from bullish to bearish.
LTC/USD chart by TradingView
Although the market valuation of Litecoin may appear to be random, it actually creates repeating patterns and trends.
Prior to the 2015 halving event, Litecoin was going through a consolidation period that lasted almost a month, where it was trading between $1.35 and $1.50. On May 22 of that year, LTC’s price broke out and within a month and a half it reached $8.97, which represented a 590 percent upward move.
By July 9, LTC had reached its peak and began a 73.2 percent decline to reach the 200-day moving average at $2.40 just one day before the halving occurred.
Based on what happened in 2015, it can be assumed that something similar could happen this year as the halving approaches.
Since the low of Dec. 7, 2018, when LTC was trading at $22.54, it has gone up 539 percent to reach a high of $144 on June 12, 2019. Now, that the block rewards reduction is just 46 days away from, Litecoin seems to have topped.
If history repeats itself, LTC could soon pullback to the 200-day moving average just as it did in 2015, which will represent a 55 percent correction, dragging its price down from the recent high of $144 all the way to around $65.
LTC/USD chart by TradingView
Overall Sentiment
The cryptocurrency market has entered a bull run and even though it has seen some minor pullbacks it continues to make higher highs. At the moment, Ethereum and XRP look like they could be about to breakout while Litecoin could soon face a correction, but it could still have some legs up.
Determining the direction of the price action that the cryptocurrencies previously analyzed will take depends upon the confirmation of a break of the resistance or support points mentioned before.
The post Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis appeared first on CryptoSlate.
The top three altcoins seem to have entered a bull market as more investors show signs of fear-of-missing-out. This technical analysis will determine whether Ethereum, XRP, and Litecoin are poised to continue surging following the massive rally that they all have experienced since mid-December 2018. Ethereum A bullish engulfing pattern has formed on Ethereum’s 1-week chart since one of the most recent candlesticks is completely overtaking the body of the previous one. This is considered a reversal formation indicating that ETH could go up higher. It is worth noting that the greater the number of red candlesticks preceding the engulfing candle, the higher the chances for a bullish reversal, but a rising volume will play a key role in validating the pattern. In addition, for the bull trend to continue Ethereum will have to break above the 150-week moving average, which has been acting as a strong point of resistance for the last 5 weeks. After being tested for so long, the 150-week MA could be losing its strength, increasing the probability of a breakout that could take ETH to test the 100-week MA that is sitting around $400. ETH/USD chart by TradingView On the 3-day chart, a bull flag appears to be developing. This is a continuation pattern that formed after the upswing that took Ethereum from $170 to $279, known as the flagpole, and was followed by the current consolidation period between $279 and $233, which is forming the flag and could lead to a breakout in the same direction as the initial movement. This bullish formation predicts a 40 percent surge that is given by measuring the height of the flagpole and adding it to possible breakout point at $279. The bull flag will be invalidated if Ethereum moves below the lowest point of the flag at $233. ETH/USD chart by TradingView The Bollinger Bands on the 1-day chart seem to be coming closer together, compressing the middle band or 20-day moving average. This process is called a squeeze, which indicates that after the current period of low volatility another period of high volatility will follow. Although the bands do not give a clear indication when the breakout may occur or which direction the price could move, based on the larger timeframes, evidence suggests it will go. ETH/USD chart by TradingView XRP XRP appears to be trying to break above the $0.46 resistance level on the 1-day chart after bouncing off the $0.38 support. As a rule of thumb, support and resistance levels are based on historical data that help identify the price points that act as barriers in bearish or bullish moves, pausing the continuation of a trend due to unusually high supply or demand. Therefore, if XRP is able to break above resistance it could rise higher to try and reach the next hurdle point at $0.54. Failing to move above $0.46 could trigger a pullback to $0.38 or even $0.30. XRP/USD chart by TradingView On the 3-day chart, XRP is trading above the 7-three-day moving average. Continuing to trade above the 7-three-day MA will be a good sign for prolonging the bullish trend, but breaking below it could take XRP to test the support given by the 30 or even the 50-three-day moving average. XRP/USD chart by TradingView A bull pennant appears to be forming on the 1-day chart. This is a continuation pattern, similar to a bull flag, that was created after the 60 percent move that XRP went through, known as the flagpole, and was followed by the current consolidation period that is building the pennant and could lead to a bullish breakout. This technical formation predicts a 30 percent upswing upon the break of the pennant but could be invalidated if XRP moves below $0.41. XRP/USD chart by TradingView Litecoin Litecoin is trading between a series of support and resistance levels that have acted as hurdles during its price movements due to the concentration of buy and sell orders on the 1-week chart. If LTC is able to move above the $145 resistance level, it will most likely try to test the next one at $184.5. Conversely, if it trades below the $115 support level, a drop down to the next level demand at $93.5 could be expected. LTC/USD chart by TradingView Litecoin can be seen trading inside an ascending parallel channel since mid-December 2018 on the 3-day chart. Its price action has basically been contained between two upward sloping parallel lines allowing LTC’s price to make higher highs and higher lows as it moves. Based on the TD Sequential Indicator, Litecoin is on a green nine, which is a sell signal. Since it is trading around the middle of the channel, the bearish signal could take it down to the bottom of the channel. A breakdown below the ascending parallel channel could indicate a possible trend change from bullish to bearish. LTC/USD chart by TradingView Although the market valuation of Litecoin may appear to be random, it actually creates repeating patterns and trends. Prior to the 2015 halving event, Litecoin was going through a consolidation period that lasted almost a month, where it was trading between $1.35 and $1.50. On May 22 of that year, LTC’s price broke out and within a month and a half it reached $8.97, which represented a 590 percent upward move. By July 9, LTC had reached its peak and began a 73.2 percent decline to reach the 200-day moving average at $2.40 just one day before the halving occurred. Based on what happened in 2015, it can be assumed that something similar could happen this year as the halving approaches. Since the low of Dec. 7, 2018, when LTC was trading at $22.54, it has gone up 539 percent to reach a high of $144 on June 12, 2019. Now, that the block rewards reduction is just 46 days away from, Litecoin seems to have topped. If history repeats itself, LTC could soon pullback to the 200-day moving average just as it did in 2015, which will represent a 55 percent correction, dragging its price down from the recent high of $144 all the way to around $65. LTC/USD chart by TradingView Overall Sentiment The cryptocurrency market has entered a bull run and even though it has seen some minor pullbacks it continues to make higher highs. At the moment, Ethereum and XRP look like they could be about to breakout while Litecoin could soon face a correction, but it could still have some legs up. Determining the direction of the price action that the cryptocurrencies previously analyzed will take depends upon the confirmation of a break of the resistance or support points mentioned before. The post Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis appeared first on CryptoSlate. […]
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New Post has been published on https://shop-city.ml/product/newborn-baby-clothes-100-cotton-long-sleeve-spring-autumn-baby-rompers-soft-infant-clothing-toddler-baby-boy-girl-jumpsuits/ #follow4followback #followforfollowback #followforlike #likeforfollow
Newborn baby clothes 100% Cotton Long Sleeve Spring Autumn Baby Rompers Soft Infant Clothing toddler baby boy girl jumpsuits
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New Post has been published on https://shop-city.ml/product/newborn-baby-clothes-100-cotton-long-sleeve-spring-autumn-baby-rompers-soft-infant-clothing-toddler-baby-boy-girl-jumpsuits/ #follow4followback #followforfollowback #followforlike #likeforfollow
Newborn baby clothes 100% Cotton Long Sleeve Spring Autumn Baby Rompers Soft Infant Clothing toddler baby boy girl jumpsuits
Size Shoulder (cm) Bust (cm) Waist Size(cm) Clothing Length (cm) Sleeve Length(cm) 0-3M(59) 21 48 48 50 22 4-6M(66) 22 50 50 55 25 7-9M(73) 23 54 54 60 27 10-12M(80) 24 56 56 65 28 Please allow slight 1-3 CM difference due to manual measurement and a little color variation for different display setting. 1cm=0.39 inch
USD 10.15/piece
USD 13.12/piece
USD 4.74/piece
USD 3.89/piece
USD 3.97/piece
USD 4.04/piece
USD 12.20/piece
USD 4.03-4.69/piece
Dear friend,you can pay money by : credit card/webmoney transfer/debit cards/western union/QIWI Wallet,if you do not know how to pay the money, please see this link:
1. China post Airmail (15-90 Days Delivery)
2. Epacket & AE_Standard (12-45 Days delivery)
3. DHL ( 5-10 Days Delivery)
4.China Post Ordinary Small Packet Plus (40-90days ,some time go to post and pick it up)
5.AE-SAVER (25-45days)
Also Can Use UPS,Fedex,TNT !
1.We are not responsible for any custom duty or import tax.
2.Please contact us first before giving a non positive feedback.
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6.Color: As shown in the photo (Actual item will look the same as the picture, however, there may be slight variations in colors due to lighting effect during photo taking or bidder\’s monitor setting.)
1.DOA items will be exchanged or refunded when returned.
2.The buyer will be responsible for all shipping charges and insurance.
3.Defective items must be noticed within 7 days of the date you received it.
4.Usually ship by China post ,if the parcel is lost,remeber ask refund before order
After i got the package , will refund your money ASAP.
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New Post has been published on https://shop-city.ml/product/newborn-baby-clothes-100-cotton-long-sleeve-spring-autumn-baby-rompers-soft-infant-clothing-toddler-baby-boy-girl-jumpsuits/ #follow4followback #followforfollowback #followforlike #likeforfollow
Newborn baby clothes 100% Cotton Long Sleeve Spring Autumn Baby Rompers Soft Infant Clothing toddler baby boy girl jumpsuits
Size Shoulder (cm) Bust (cm) Waist Size(cm) Clothing Length (cm) Sleeve Length(cm) 0-3M(59) 21 48 48 50 22 4-6M(66) 22 50 50 55 25 7-9M(73) 23 54 54 60 27 10-12M(80) 24 56 56 65 28 Please allow slight 1-3 CM difference due to manual measurement and a little color variation for different display setting. 1cm=0.39 inch
USD 10.15/piece
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USD 3.89/piece
USD 3.97/piece
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USD 4.03-4.69/piece
Dear friend,you can pay money by : credit card/webmoney transfer/debit cards/western union/QIWI Wallet,if you do not know how to pay the money, please see this link:
1. China post Airmail (15-90 Days Delivery)
2. Epacket & AE_Standard (12-45 Days delivery)
3. DHL ( 5-10 Days Delivery)
4.China Post Ordinary Small Packet Plus (40-90days ,some time go to post and pick it up)
5.AE-SAVER (25-45days)
Also Can Use UPS,Fedex,TNT !
1.We are not responsible for any custom duty or import tax.
2.Please contact us first before giving a non positive feedback.
3.Thank you for giving us a chance to make things right by good communication.
4.Once you purchase, please DON\’T leave negative or neutral feedback if you haven\’t received item in 90 days, because we have mentioned the shipping time repeatedly.
5.All emails will be answered within 1 business day. If you do not receive our reply, please kindly resent your email and we will reply to you as soon as possible.
6.Color: As shown in the photo (Actual item will look the same as the picture, however, there may be slight variations in colors due to lighting effect during photo taking or bidder\’s monitor setting.)
1.DOA items will be exchanged or refunded when returned.
2.The buyer will be responsible for all shipping charges and insurance.
3.Defective items must be noticed within 7 days of the date you received it.
4.Usually ship by China post ,if the parcel is lost,remeber ask refund before order
After i got the package , will refund your money ASAP.
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Bill Gates on Bitcoin: ‘I Would Short It If There Was an Easy Way to Do It’
The practice of traditional market figureheads taking stabs at Bitcoin is back. Statements given by Bill Gates and Warren Buffett over the past week has caused the cryptocurrency community to erupt in disbelief due to some outrageous statements.
Bitcoin Under Attack Again?
It seems that the good name of Bitcoin is back under attack by traditionalists who have constantly objected to the world-changing effects which cryptocurrency has.
On an appearance on the Squawk Box segment on CNBC, Bill Gates, founder of Microsoft and one of the richest people in the world, said that he would short Bitcoin if “there was an easy way to do it.”
It is a shame that Gates seems to have spent no time in researching the topic of shorting the world’s most prominent cryptocurrency.
Tyler Winklevoss, a longtime supporter of cryptocurrency, quickly jumped on Gate’s statement given to the CNBC hosts. Winklevoss gave a statement on Twitter directed at Bill Gates.
Tyler wrote:
There is an easy way to short bitcoin. You can short #XTB, the CBOE Bitcoin Futures contract, and put your money where your mouth is.
Dear @BillGates there is an easy way to short bitcoin. You can short #XBT, the @CBOE Bitcoin (USD) Futures contract, and put your money where your mouth is! cc @CNBC @WarrenBuffett https://t.co/4JIhF5vWsZ
— Tyler Winklevoss (@tylerwinklevoss) May 7, 2018
This being quite a damaging set of words coming from one of the world’s largest Bitcoin promoters or “evangelists” as they are more well known.
Tyler and his brother, has created quite a nest egg for themselves in the cryptocurrency space, founding the Gemini exchange along with gathering a hefty amount of Bitcoin and other cryptocurrencies.
Most crypto users believe that they are actually one of the largest holders of Bitcoin, with some suggesting that they own over 100,000 bitcoins, worth over $900 million USD at current market prices. The Winklevoss twins decided that they would get themselves involved in the cryptocurrency space back in 2013, which some would remember as one of the big crypto years prior to 2017. They were quick to buy up stacks of Bitcoin with the $65 million USD they had received in a settlement with Mark Zuckerberg.
CBOE Bitcoin Contracts: Adoption and Negative Price Action at The Same Time?
The Bitcoin futures contracts which Tyler referred to was launched in late December 2017 in the midst of the largest run-up which Bitcoin had accomplished to date. In the short span of one year, the cryptocurrency ran from just around $1000 to just over $20,000 before the end of the year, which increased consumer demand for futures.
The arrival of the CBOE (Chicago Board Options Exchange) Bitcoin futures contracts introduced a new way in which more traditional investors could get themselves involved in the ever-growing space.
An important point to note is that trading CBOE contracts do not allow you the option to actually own the cryptocurrency which you trade. This being a key step away from the decentralized nature which has been so tied to the identity of cryptocurrencies.
Contrary to Gate’s statement, CBOE futures are actually widely accessible to the public through investment portals which a vast majority of brokers promote. Brokers such as TD Ameritrade, along with Interactive Brokers, a popular online brokerage, both offer a way which their user base can interact with CBOE Bitcoin futures.
Although the introduction of these features was considered as helpful by many cryptocurrency users, it has become a way where Bitcoin critics can begin to weigh down the cryptocurrency with negative price action.
A report by the San Francisco Federal Reserve Bank has shown that they believe that Bitcoin futures will only continue to put negative pressure on the price of Bitcoin going into the future.
Research conducted by the FRB of San Francisco shows that the announcement and subsequent release of the futures actually had a lot to do with the change in price for the popular cryptocurrency.
The statement highlighted:
The rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence. Rather, it is consistent with trading behavior that typically accompanies the introduction of futures markets for an asset.
It is hard to see whether this is an accurate statement seeing that volatility has become a staple to the cryptocurrency market. However, their research may have indicated that there was at least a glimmer of influence which the futures have caused.
Not only did the release of futures trading have an effect, but so did the accessibility which institutions can now utilize to get their hands involved in the cryptocurrency space. Futures trading allow for institutions to have easier access to buying or short selling Bitcoin contracts. These futures could be a way in which anti-Bitcoin minded financial institutions can use their vast funds to hedge bets against the price of Bitcoin.
Looking Into The Future
Nothing has changed since the FUD (Fear, Uncertainty, Doubt) attacks experienced throughout the tumultuous past 6 months to which the cryptocurrency industry has had to go through.
Not only did Bill Gates trash Bitcoin but so did Warren Buffett, who called the cryptocurrency “rat poison” earlier this week.
Although this sentiment was expected from a more traditional mind like Buffett, it was unexpected that he was going to come out in such a virulent manner.
It is highly speculated by the community that Buffett does not fully understand what exactly Bitcoin is and what it means for the future of technology and the financial world. Reports show that he has been slow to adopt new technology and still uses flip phones from the last decade.
Hard to talk down on something you don’t understand, eh?
It is unlikely that Gates or Buffett will have a change of heart unless there is something in it for them, whether it be the success of their respective firms or a position of power.
For now, it is unclear whether the statements given by Buffett and Gates alike have had any impact on the frothy cryptocurrency market. But until more concrete numbers begin to show for Bitcoin, it will be hard to tell.
The Bitcoin market has come roaring back recently with an over 60% gain in Bitcoin price and a 100% Ethereum gain over the past 6 weeks. Things may finally begin to be looking up for the market as we reach the dog days of summer.
What do you think of financial tools like the CBOE Bitcoin futures? Will they help or damage the market going into the future? We would love to know, so please let us know in the comments below.
Images Courtesy of Wikimedia Commons/Khulmann, Twitter/@TylerWinklevoss, and Flickr.
The post Bill Gates on Bitcoin: ‘I Would Short It If There Was an Easy Way to Do It’ appeared first on Bitcoinist.com.
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Switchgear Market by Insulation (Gas Insulated, Air Insulated), By Installation (Indoor, Outdoor) By End-Users (T&D Utilities, Industries, Commercial & Residential, Others), By Voltage (Low, Medium, High), and Region–Global Forecast to 2025 published on
https://www.sandlerresearch.org/switchgear-market-by-insulation-gas-insulated-air-insulated-by-installation-indoor-outdoor-by-end-users-td-utilities-industries-commercial-residential-others-by-voltage-low-medium-h.html
Switchgear Market by Insulation (Gas Insulated, Air Insulated), By Installation (Indoor, Outdoor) By End-Users (T&D Utilities, Industries, Commercial & Residential, Others), By Voltage (Low, Medium, High), and Region–Global Forecast to 2025
“The switchgear market is projected to grow at a CAGR of 5.5% from 2020 to 2025”
The switchgear marketsize will grow to USD 88.5 billion by 2025 (forecast year) from USD 67.5 billion in 2020 (estimated year), at a post COVID-19 CAGR of 5.5% during the forecast period. Replacement of aging infrastructure in North America, along with upgradation of existing substations due to rising electricity demand in Europe and Asia Pacific are the driving factors for the switchgear market, globally.
“The >36 kV segment, by voltage, is expected to be the largest switchgear market during the forecast period”
The >36 kV segment is considered in the medium to high voltage range and primarily used in T&D sub-stations, heavy industries, mining, railway, and commercial infrastructure. The equipment used in the >36 kV switchgear segment includes medium and high voltage circuit breakers, AIS, and hybrid switchgears. The switchgears in this voltage range are also used in renewable power transmission as well as in medium voltage sub-stations and with the growth in renewable sector is expected to enhance the demand for this segment.
“The outdoor segment, by installation, is expected to be the fastest growing market from 2020 to 2025”
Outdoor gas-insulated switchgears are designed to be installed in an open environment, unlike indoor gas-insulated switchgears. The outdoor gas-insulated switchgear is constructed in such a way that all the apparatus can be protected against harsh environmental conditions, including windstorms or sandstorms, which include possible contamination. Outdoor gas-insulated switchgears are expected to have a larger share of the market than indoor types due to their vast implementation area. APAC presents promising opportunities for the outdoor-type gas-insulated switchgear market.
“Asia Pacific: The largest growing region in the switchgear market.”
Asia Pacific is expected to dominate the global switchgear market between 2020 and 2025. As per the Indian Electrical and Electronics Manufacturer Association (IEEMA), the electricity generation capacity is expected to increase from 200 GW in 2010 to over 800 GW by 2032 to fulfill the increasing demand of customers. Thus, there is a need for a huge investment of approximately USD 300 billion in the next 3–4 years which is expected to boost the switchgear market during the forecast period.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
By Region: Asia Pacific- 25%, Middle East & africa– 35%, Europe- 18%, North America- 13%, and South America- 9%
Note: Others includes sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2017. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million.
The switchgear market is dominated by a few major players that have a wide regional presence. The leading players in the switchgear market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), and Eaton (Ireland)
Study Coverage:
The report defines, describes, and forecasts the switchgear market, by service, intervention insulation, installation, voltage, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the switchgear market.
Key Benefits of Buying the Report
The report identifies and addresses the key markets for switchgear operations and services, which would help equipment manufacturers and service providers review the growth in demand.
The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
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Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap. Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,594, the price at which Bitcoin started the week.
The stock market is seeing slight growth, with the S&P 500 reporting a nearly a 0.1 percent gain while the CBOE Volatility Index (VIX) loses 2.6 percent, according to CNBC. DOW, on the other hand, is up 0.26 percent at press time, according to MarketWatch. Still, as Cointelegraph reported yesterday, a recent analysis suggests that the growth currently reported by the stock market is a bull trap.
Major oil futures and indexes are seeing moderate growth, with WTI Crude closing at a 2.73 percent increase, Brent Crude being up over 3 percent and Mars US up 2.87 percent, according to OilPrice.
Ex-Goldman Sachs partner Michael Novogratz tweeted earlier this week that while he believes the crypto market will not ���head north for at least a few more months,” he is still very confident that things will move eventually. He also pointed out that there is “tons of activity under the hood.”
As Cointelegraph reported at the beginning of last month, Novogratz has increased his shares of Galaxy Digital, the crypto-focused merchant bank he founded and of which is the CEO.
Overall, the bias in prices is: Downwards.
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 3,939.71.
The projected upper bound is: 3,801.89.
The projected lower bound is: 3,039.58.
The projected closing price is: 3,420.74.
Candlesticks
A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles.
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Momentum Indicators
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 31.8235. This is not an overbought or oversold reading. The last signal was a buy 19 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 39.01. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 49 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -72. This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.
MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 7 period(s) ago.
Rex Takasugi – TD Profile
FOREX BTC= closed down -0.720 at 3,416.370. Volume was 61% below average (consolidating) and Bollinger Bands were 73% narrower than normal.
Open High Low Close Volume___ 3,417.0903,511.5003,382.3003,416.370 32,051
Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish
Moving Averages: 10-period 50-period 200-period Close: 3,448.07 3,687.32 5,499.46 Volatility: 24 65 65 Volume: 65,258 77,031 80,002
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
Summary
FOREX BTC= is currently 37.9% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of BTC= at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on BTC= and have had this outlook for the last 20 periods.
Bitcoin, bitcoin news, BTC, investing, shayne heffernan, trading, USD/BTC
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HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.
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Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap. Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,594, the price at which Bitcoin started the week.
The stock market is seeing slight growth, with the S&P 500 reporting a nearly a 0.1 percent gain while the CBOE Volatility Index (VIX) loses 2.6 percent, according to CNBC. DOW, on the other hand, is up 0.26 percent at press time, according to MarketWatch. Still, as Cointelegraph reported yesterday, a recent analysis suggests that the growth currently reported by the stock market is a bull trap.
Major oil futures and indexes are seeing moderate growth, with WTI Crude closing at a 2.73 percent increase, Brent Crude being up over 3 percent and Mars US up 2.87 percent, according to OilPrice.
Ex-Goldman Sachs partner Michael Novogratz tweeted earlier this week that while he believes the crypto market will not “head north for at least a few more months,” he is still very confident that things will move eventually. He also pointed out that there is “tons of activity under the hood.”
As Cointelegraph reported at the beginning of last month, Novogratz has increased his shares of Galaxy Digital, the crypto-focused merchant bank he founded and of which is the CEO.
Overall, the bias in prices is: Downwards.
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 3,939.71.
The projected upper bound is: 3,801.89.
The projected lower bound is: 3,039.58.
The projected closing price is: 3,420.74.
Candlesticks
A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles.
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Momentum Indicators
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 31.8235. This is not an overbought or oversold reading. The last signal was a buy 19 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 39.01. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 49 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -72. This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.
MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 7 period(s) ago.
Rex Takasugi – TD Profile
FOREX BTC= closed down -0.720 at 3,416.370. Volume was 61% below average (consolidating) and Bollinger Bands were 73% narrower than normal.
Open High Low Close Volume___ 3,417.0903,511.5003,382.3003,416.370 32,051
Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish
Moving Averages: 10-period 50-period 200-period Close: 3,448.07 3,687.32 5,499.46 Volatility: 24 65 65 Volume: 65,258 77,031 80,002
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
Summary
FOREX BTC= is currently 37.9% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of BTC= at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on BTC= and have had this outlook for the last 20 periods.
Bitcoin, bitcoin news, BTC, investing, shayne heffernan, trading, USD/BTC
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Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin: USD/BTC (BTC=X) hovering over the $3,450 mark again
Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap. Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,594, the price at which Bitcoin started the week.
The stock market is seeing slight growth, with the S&P 500 reporting a nearly a 0.1 percent gain while the CBOE Volatility Index (VIX) loses 2.6 percent, according to CNBC. DOW, on the other hand, is up 0.26 percent at press time, according to MarketWatch. Still, as Cointelegraph reported yesterday, a recent analysis suggests that the growth currently reported by the stock market is a bull trap.
Major oil futures and indexes are seeing moderate growth, with WTI Crude closing at a 2.73 percent increase, Brent Crude being up over 3 percent and Mars US up 2.87 percent, according to OilPrice.
Ex-Goldman Sachs partner Michael Novogratz tweeted earlier this week that while he believes the crypto market will not “head north for at least a few more months,” he is still very confident that things will move eventually. He also pointed out that there is “tons of activity under the hood.”
As Cointelegraph reported at the beginning of last month, Novogratz has increased his shares of Galaxy Digital, the crypto-focused merchant bank he founded and of which is the CEO.
Overall, the bias in prices is: Downwards.
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 3,939.71.
The projected upper bound is: 3,801.89.
The projected lower bound is: 3,039.58.
The projected closing price is: 3,420.74.
Candlesticks
A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles.
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
Momentum Indicators
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 31.8235. This is not an overbought or oversold reading. The last signal was a buy 19 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 39.01. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 49 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -72. This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.
MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 7 period(s) ago.
Rex Takasugi – TD Profile
FOREX BTC= closed down -0.720 at 3,416.370. Volume was 61% below average (consolidating) and Bollinger Bands were 73% narrower than normal.
Open High Low Close Volume___ 3,417.0903,511.5003,382.3003,416.370 32,051
Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish
Moving Averages: 10-period 50-period 200-period Close: 3,448.07 3,687.32 5,499.46 Volatility: 24 65 65 Volume: 65,258 77,031 80,002
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
Summary
FOREX BTC= is currently 37.9% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of BTC= at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on BTC= and have had this outlook for the last 20 periods.
Bitcoin, bitcoin news, BTC, investing, shayne heffernan, trading, USD/BTC
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HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.
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Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis
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Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis
The top three altcoins seem to have entered a bull market as more investors show signs of fear-of-missing-out. This technical analysis will determine whether Ethereum, XRP, and Litecoin are poised to continue surging following the massive rally that they all have experienced since mid-December 2018.
Ethereum
A bullish engulfing pattern has formed on Ethereum’s 1-week chart since one of the most recent candlesticks is completely overtaking the body of the previous one. This is considered a reversal formation indicating that ETH could go up higher.
It is worth noting that the greater the number of red candlesticks preceding the engulfing candle, the higher the chances for a bullish reversal, but a rising volume will play a key role in validating the pattern.
In addition, for the bull trend to continue Ethereum will have to break above the 150-week moving average, which has been acting as a strong point of resistance for the last 5 weeks. After being tested for so long, the 150-week MA could be losing its strength, increasing the probability of a breakout that could take ETH to test the 100-week MA that is sitting around $400.
ETH/USD chart by TradingView
On the 3-day chart, a bull flag appears to be developing. This is a continuation pattern that formed after the upswing that took Ethereum from $170 to $279, known as the flagpole, and was followed by the current consolidation period between $279 and $233, which is forming the flag and could lead to a breakout in the same direction as the initial movement.
This bullish formation predicts a 40 percent surge that is given by measuring the height of the flagpole and adding it to possible breakout point at $279.
The bull flag will be invalidated if Ethereum moves below the lowest point of the flag at $233.
ETH/USD chart by TradingView
The Bollinger Bands on the 1-day chart seem to be coming closer together, compressing the middle band or 20-day moving average. This process is called a squeeze, which indicates that after the current period of low volatility another period of high volatility will follow.
Although the bands do not give a clear indication when the breakout may occur or which direction the price could move, based on the larger timeframes, evidence suggests it will go.
ETH/USD chart by TradingView
XRP
XRP appears to be trying to break above the $0.46 resistance level on the 1-day chart after bouncing off the $0.38 support.
As a rule of thumb, support and resistance levels are based on historical data that help identify the price points that act as barriers in bearish or bullish moves, pausing the continuation of a trend due to unusually high supply or demand.
Therefore, if XRP is able to break above resistance it could rise higher to try and reach the next hurdle point at $0.54. Failing to move above $0.46 could trigger a pullback to $0.38 or even $0.30.
XRP/USD chart by TradingView
On the 3-day chart, XRP is trading above the 7-three-day moving average. Continuing to trade above the 7-three-day MA will be a good sign for prolonging the bullish trend, but breaking below it could take XRP to test the support given by the 30 or even the 50-three-day moving average.
XRP/USD chart by TradingView
A bull pennant appears to be forming on the 1-day chart. This is a continuation pattern, similar to a bull flag, that was created after the 60 percent move that XRP went through, known as the flagpole, and was followed by the current consolidation period that is building the pennant and could lead to a bullish breakout.
This technical formation predicts a 30 percent upswing upon the break of the pennant but could be invalidated if XRP moves below $0.41.
XRP/USD chart by TradingView
Litecoin
Litecoin is trading between a series of support and resistance levels that have acted as hurdles during its price movements due to the concentration of buy and sell orders on the 1-week chart.
If LTC is able to move above the $145 resistance level, it will most likely try to test the next one at $184.5.
Conversely, if it trades below the $115 support level, a drop down to the next level demand at $93.5 could be expected.
LTC/USD chart by TradingView
Litecoin can be seen trading inside an ascending parallel channel since mid-December 2018 on the 3-day chart. Its price action has basically been contained between two upward sloping parallel lines allowing LTC’s price to make higher highs and higher lows as it moves.
Based on the TD Sequential Indicator, Litecoin is on a green nine, which is a sell signal. Since it is trading around the middle of the channel, the bearish signal could take it down to the bottom of the channel.
A breakdown below the ascending parallel channel could indicate a possible trend change from bullish to bearish.
LTC/USD chart by TradingView
Although the market valuation of Litecoin may appear to be random, it actually creates repeating patterns and trends.
Prior to the 2015 halving event, Litecoin was going through a consolidation period that lasted almost a month, where it was trading between $1.35 and $1.50. On May 22 of that year, LTC’s price broke out and within a month and a half it reached $8.97, which represented a 590 percent upward move.
By July 9, LTC had reached its peak and began a 73.2 percent decline to reach the 200-day moving average at $2.40 just one day before the halving occurred.
Based on what happened in 2015, it can be assumed that something similar could happen this year as the halving approaches.
Since the low of Dec. 7, 2018, when LTC was trading at $22.54, it has gone up 539 percent to reach a high of $144 on June 12, 2019. Now, that the block rewards reduction is just 46 days away from, Litecoin seems to have topped.
If history repeats itself, LTC could soon pullback to the 200-day moving average just as it did in 2015, which will represent a 55 percent correction, dragging its price down from the recent high of $144 all the way to around $65.
LTC/USD chart by TradingView
Overall Sentiment
The cryptocurrency market has entered a bull run and even though it has seen some minor pullbacks it continues to make higher highs. At the moment, Ethereum and XRP look like they could be about to breakout while Litecoin could soon face a correction, but it could still have some legs up.
Determining the direction of the price action that the cryptocurrencies previously analyzed will take depends upon the confirmation of a break of the resistance or support points mentioned before.
The post Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis appeared first on CryptoSlate.
The top three altcoins seem to have entered a bull market as more investors show signs of fear-of-missing-out. This technical analysis will determine whether Ethereum, XRP, and Litecoin are poised to continue surging following the massive rally that they all have experienced since mid-December 2018. Ethereum A bullish engulfing pattern has formed on Ethereum’s 1-week chart since one of the most recent candlesticks is completely overtaking the body of the previous one. This is considered a reversal formation indicating that ETH could go up higher. It is worth noting that the greater the number of red candlesticks preceding the engulfing candle, the higher the chances for a bullish reversal, but a rising volume will play a key role in validating the pattern. In addition, for the bull trend to continue Ethereum will have to break above the 150-week moving average, which has been acting as a strong point of resistance for the last 5 weeks. After being tested for so long, the 150-week MA could be losing its strength, increasing the probability of a breakout that could take ETH to test the 100-week MA that is sitting around $400. ETH/USD chart by TradingView On the 3-day chart, a bull flag appears to be developing. This is a continuation pattern that formed after the upswing that took Ethereum from $170 to $279, known as the flagpole, and was followed by the current consolidation period between $279 and $233, which is forming the flag and could lead to a breakout in the same direction as the initial movement. This bullish formation predicts a 40 percent surge that is given by measuring the height of the flagpole and adding it to possible breakout point at $279. The bull flag will be invalidated if Ethereum moves below the lowest point of the flag at $233. ETH/USD chart by TradingView The Bollinger Bands on the 1-day chart seem to be coming closer together, compressing the middle band or 20-day moving average. This process is called a squeeze, which indicates that after the current period of low volatility another period of high volatility will follow. Although the bands do not give a clear indication when the breakout may occur or which direction the price could move, based on the larger timeframes, evidence suggests it will go. ETH/USD chart by TradingView XRP XRP appears to be trying to break above the $0.46 resistance level on the 1-day chart after bouncing off the $0.38 support. As a rule of thumb, support and resistance levels are based on historical data that help identify the price points that act as barriers in bearish or bullish moves, pausing the continuation of a trend due to unusually high supply or demand. Therefore, if XRP is able to break above resistance it could rise higher to try and reach the next hurdle point at $0.54. Failing to move above $0.46 could trigger a pullback to $0.38 or even $0.30. XRP/USD chart by TradingView On the 3-day chart, XRP is trading above the 7-three-day moving average. Continuing to trade above the 7-three-day MA will be a good sign for prolonging the bullish trend, but breaking below it could take XRP to test the support given by the 30 or even the 50-three-day moving average. XRP/USD chart by TradingView A bull pennant appears to be forming on the 1-day chart. This is a continuation pattern, similar to a bull flag, that was created after the 60 percent move that XRP went through, known as the flagpole, and was followed by the current consolidation period that is building the pennant and could lead to a bullish breakout. This technical formation predicts a 30 percent upswing upon the break of the pennant but could be invalidated if XRP moves below $0.41. XRP/USD chart by TradingView Litecoin Litecoin is trading between a series of support and resistance levels that have acted as hurdles during its price movements due to the concentration of buy and sell orders on the 1-week chart. If LTC is able to move above the $145 resistance level, it will most likely try to test the next one at $184.5. Conversely, if it trades below the $115 support level, a drop down to the next level demand at $93.5 could be expected. LTC/USD chart by TradingView Litecoin can be seen trading inside an ascending parallel channel since mid-December 2018 on the 3-day chart. Its price action has basically been contained between two upward sloping parallel lines allowing LTC’s price to make higher highs and higher lows as it moves. Based on the TD Sequential Indicator, Litecoin is on a green nine, which is a sell signal. Since it is trading around the middle of the channel, the bearish signal could take it down to the bottom of the channel. A breakdown below the ascending parallel channel could indicate a possible trend change from bullish to bearish. LTC/USD chart by TradingView Although the market valuation of Litecoin may appear to be random, it actually creates repeating patterns and trends. Prior to the 2015 halving event, Litecoin was going through a consolidation period that lasted almost a month, where it was trading between $1.35 and $1.50. On May 22 of that year, LTC’s price broke out and within a month and a half it reached $8.97, which represented a 590 percent upward move. By July 9, LTC had reached its peak and began a 73.2 percent decline to reach the 200-day moving average at $2.40 just one day before the halving occurred. Based on what happened in 2015, it can be assumed that something similar could happen this year as the halving approaches. Since the low of Dec. 7, 2018, when LTC was trading at $22.54, it has gone up 539 percent to reach a high of $144 on June 12, 2019. Now, that the block rewards reduction is just 46 days away from, Litecoin seems to have topped. If history repeats itself, LTC could soon pullback to the 200-day moving average just as it did in 2015, which will represent a 55 percent correction, dragging its price down from the recent high of $144 all the way to around $65. LTC/USD chart by TradingView Overall Sentiment The cryptocurrency market has entered a bull run and even though it has seen some minor pullbacks it continues to make higher highs. At the moment, Ethereum and XRP look like they could be about to breakout while Litecoin could soon face a correction, but it could still have some legs up. Determining the direction of the price action that the cryptocurrencies previously analyzed will take depends upon the confirmation of a break of the resistance or support points mentioned before. The post Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis appeared first on CryptoSlate. […]
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