#100eyes
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Bitcoin, the world's leading cryptocurrency, recently witnessed a swift price drop, plunging to $27,715 on the Bitstamp exchange after shedding approximately 2% of its value in just a matter of minutes. Analytics firm 100eyes Crypto Scanner issued an abnormal volatility alert in response to the drop.Another blockbuster jobs report The recent U.S. jobs data is believed to be the culprit behind the recent price drop. The job market showed its strength in September with the Labor Department revealing an addition of 336,000 jobs, the most significant surge since January. The figures far exceeded analysts' forecasts and showed a consistent upward trend, with the U.S. averaging a gain of 266,000 jobs per month over the past three months. Several sectors, including leisure and hospitality, saw considerable gains.These robust jobs numbers have impacted long-term bonds, leading to a sell-off and pushing yields to their highest in 16 years. The better-than-expected jobs data might prompt the Federal Reserve to hike interest rates even higher, which explains the Bitcoin price dip.Silver lining?Mike Bucella, former general partner at BlockTower, recently opined that rising interest rates could be a double-edged sword. On the downside, Bucella noted that as rates climb, risk assets, including crypto, tend to decline. However, on the optimistic side, rising rates further bolster the cycle's primary use case: on-chain USD. There is an evident spike in demand for on-chain treasuries, painting them as a stable and appealing asset.
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Ethereum (ETH) and XRP Approaching Horizontal Resistance
Alex Dovbnya Both Ethereum (ETH) and XRP, some of the biggest names in the cryptocurrency market, are inching closer to their respective horizontal resistance levels Ethereum (ETH) and XRP, the second and sixth largest cryptocurrencies by market cap respectively, are approaching horizontal resistance, according to a tweet from crypto analytics tool 100eyes Crypto Scanner. Horizontal resistance,…
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Saw my book in the wild this week! So excited. I am officially a children’s book author! French version for now but English to come. See link in bio to order. #book #childrensbooks #author #firstbook #100eyes #100yeux #100monstereyes #100yeuxmonstrueux @papp.international https://www.instagram.com/p/Cj_-FaLsrsj/?igshid=NGJjMDIxMWI=
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Day 2 Of #DS9 #DeadPlanetsAndDwarfStars album snippets, here is #100eyes featuring @renrokrec on cuts, album available now on all major streaming sites and @collectiveresonance #spotify #itunes #googleplay #soundcloud #bandcamp #juno etc, **LINK IN BIO** and thank u all from #nextwon and #trauma, #hiphop #hoodclassic #rap #rapmusic #rapper #rapping #producer #producerlife #mpc #mpcstudio #beats #rhymes #emcee #goodmusic #newalbum #tryitout #undergroundmusic #undergroundhiphop #musicproduction #loveofmylife (at Lab II)
#hiphop#spotify#googleplay#rapping#undergroundmusic#nextwon#newalbum#goodmusic#rap#rapper#juno#100eyes#beats#deadplanetsanddwarfstars#loveofmylife#rhymes#hoodclassic#soundcloud#undergroundhiphop#musicproduction#producer#rapmusic#mpc#emcee#mpcstudio#tryitout#bandcamp#itunes#trauma#producerlife
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#tbt de um desenho de fevereiro de 2015. Eu curtia muito a série Marco Polo... fiquei triste quando foi cancelada. :( #100eyes #marcopolo #netflix #ilustração #illustration #drawing #sketch #sketchbook #markers #desenho #color #throwbackthursday #quintadavelharia https://www.instagram.com/p/B0FUs39ADvI/?igshid=19mz5xzi7wba0
#tbt#100eyes#marcopolo#netflix#ilustração#illustration#drawing#sketch#sketchbook#markers#desenho#color#throwbackthursday#quintadavelharia
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Harry the 100 Eyed Tarantula is done! Pumping out rainy day ideas!! #100eyes #tarantula #dayo #rainydays #spacetraveler #folkartspider https://www.instagram.com/p/BrI7ZAnlzoe/?utm_source=ig_tumblr_share&igshid=wkv3ttn8u543
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#100eyes #zuko #ipman #suntzuartofwar #suntzu #arspoetica #arsenalpoetica #inktober #inkart #ink #lineart #lineartist #peninkart (at Montego Bay, Jamaica) https://www.instagram.com/p/Bo6rO3PA_5Y/?utm_source=ig_tumblr_share&igshid=1s3kiyucf454q
#100eyes#zuko#ipman#suntzuartofwar#suntzu#arspoetica#arsenalpoetica#inktober#inkart#ink#lineart#lineartist#peninkart
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Luckily drawing doesn't involve a lot of moving. Not feeling the best today, but the streak must continue. #draweveryday #1000hours #day104 #amysmash #drawingeyes #eyes #100eyes
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XRP Generates Bullish Divergence as Momentum Stalls
XRP Generates Bullish Divergence as Momentum Stalls
Alex Dovbnya The XRP token has seemingly confirmed a bullish divergence, paving the way for a possible recovery The XRP token apparently confirms a bullish divergence on its hourly chart, according to the 100eyes Crypto Scanner account. Traders can spot divergences based on the Relative Strength Index (RSI), a momentum indicator used in technical analysis. It is displayed on an oscillator, which…
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Triple Repeat Fractal on Bitcoin Chart Hints Dip towards $10K
A triple repeat fractal warning on Bitcoin (Symbol: BTCUSD) hourly chart is pointing to a major price dip towards $10,000.
First spotted by an analyst at 100eyes, an automated crypto trading scanner, the fractal shows Bitcoin in a deja-vu downtrend. The cryptocurrency is forming a structure for the last 10 days. It starts with BTC/USD rising for a smaller timeframe, only to pare all those gains to target lower levels.
“This is something I see now on BTC/USD that I recognize my time from trading stocks,” the analyst stated. “It is very common to witness these kinds of patterns. It can take a whole year to build up 15 percent and then the market loses all in two weeks.”
Bitcoin is looking to continue its downtrend as per recent price patterns. Source: TradingView.com
The statement came after Bitcoin experienced a massive price drop from $11,833 to near $11,100. The plunge followed a minor upside correction this Friday, wherein BTC/USD recovered back to as high as $11,449. The 100eyes noted that the pair could negate the small pump entire as the sessions mature that could take its price towards $11,000.
“If the pattern gets validated, you should probably hold a long position now until about $11,600 and then go short until $11,000,” he further advised.
Medium-term Bias Bullish
Expanding the timeframe to four-hour showed Bitcoin in a slightly better bullish market. One analyst showed a “clean bullish divergence” on the BTC/USD chart. Technically, the pair fell to a new low while its oscillators–MACD, RSI, and Stochastic–rose higher. It showed that bears were losing strength.
Bitcoin 4H shows a growing bullish divergence between price and oscillators. Source: TradingView.com
The same divergence was visible on the BTC/USD hourly chart. Market analyst Scott Melker pointed it out in his latest tweet, stating:
“Hourly bull div confirmed, exiting oversold RSI. A low time frame could be a small bounce. We will see if the same div develops in an hour on the 4-hour chart. That would be more compelling.”
Bitcoin Bull Run
Zooming the BTCUSD chart by additional hours improved the pair’s bullish outlook drastically. On a daily timeframe, Bitcoin was undergoing a blip-like downside correction after rallying from $3,858 in March to $12,486 in mid-August. The 200-plus percent rally amounted to profit-taking among traders.
Bitcoin has been in a steady bull run since March 2020. Source: TradingView.com
Supportive fundamentals, including the global central banks’ injection of $70 trillion worth of liquidity into markets, helped the BTC/USD to undergo a parabolic bull run. With markets now expecting more stimulus amid lower lending rates, Bitcoin could extend its upside momentum on both daily and weekly timeframe.
Cameron and Tyler Winklevoss, the co-founders of US-based Gemini exchange, predicted that the cryptocurrency would hit $500,000. They expect the rising global inflation to do the trick.
“Inflation is coming,” they said. “Money stored in a bank will get run over. Money invested in assets like real estate or the stock market will keep pace. It stored in gold or bitcoin will outrun the scourge. And money stored in bitcoin will run the fastest, overtaking gold.”
Bitcoin was trading at $11,365 at the time of this writing.
from Cryptocracken Tumblr https://ift.tt/3lod8Oh via IFTTT
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XLM Price Spurt Demotes Litecoin to #7 in Market Cap Rankings
Not too much exciting price action is taking place across the cryptocurrency markets as of right now. Bitcoin is firmly in the green yet most other markets note smaller gains over the past few hours. One interesting development comes in the form of the XLM price, as Stellar Lumens has overtaken Litecoin in market cap once again.
XLM Price Surge Seems Legit
Every time the Bitcoin price tends to gain some decent value, one has to wonder how all alternative markets will respond. More often than not, the markets will go green in terms of USD gains, yet lose BTC value in the process. As a result, there is a near status quo which doesn’t allow for many different trading options. In the case of XLM, there are solid gains in both departments, which is rather promising.
Over the past 24 hours, the XLM price has risen by over 6.5% in USD value. As such, one XLM is currently valued at $0.1219, with a push to $0.125 seeming rather plausible at this stage. There is also the 2% improvement in the XLM/BTC ratio, which pushes the value per Stellar Lumen to over 3,000 Satoshi once again. Solid gains across the board seem to confirm this uptrend is legitimate, rather than a flash in the pan.
According to the Huobi Research team, this XLM price uptrend shouldn’t come as a complete surprise. Even though Stellar Lumens isn’t in the top five of most discussed cryptocurrencies on Telegram, its sentiment index is off the charts right now. Based on that statistic alone, this price surge may very well be in just the early stages.
Today top 5 cryptocurrency discussed most on Telegram are 1.#BTC 2.#ETH 3.#LTC 4.#TRX 5.#NEO Coins with highest sentiment index (higher score = more positive) are 1.#XLM 2.#POA 3.#CND 4.#APIS 5.#SC See more data: https://t.co/Cu7brG8RoH
— Huobi Research (@Huobi_Research) January 7, 2019
It is also important for Stellar Lumens users to be somewhat cautious regarding the newly announced StellarPay project. There is a genuine concern on Reddit regarding this “fork” of XLM, especially when considering how the StellarActivity debacle went down in the end. There is always a chance this new offering is legitimate, although it is advised users always conduct their own research first and foremost.
Beware of StellarPay, it is another Stellar scam the same as StellarActivity, Shade, Dolphin, this time they have evolved, better web with better graphics (shitty logo, bad English), now they have a "team", no private keys this time … #stellar #XLM #StellarLumens https://t.co/CJBme2XUMJ
— Andrej Bennár – Kaijleor (@AndrejBennar) January 7, 2019
Last but not least, it would appear a thorough technical analysis of the XLM price chart could have shown a lot of people this most recent uptrend was just a matter of time. It has been a very interesting chart for XLM these past few days, although there is no indication where the momentum will head over the coming days. Sustaining any extensive uptrend has been very difficult over the past 10 months.
Many alts are struggling at the moment. However: very nice to see that at least XLM took off as expected. The 100eyes scanner spotted this support zone a few days ago and kept pointing it out. Finally the profits are locked in
#XLM #BTC #Bitcoin #crypto #cryptotrading pic.twitter.com/aJN5uBzTaX
— 100eyes Crypto Scanner (@100eyesCrypto) January 7, 2019
All signs are pointing toward a rather healthy XLM price surge in the hours to come. Extending that momentum into days or even weeks will pose a challenge of a completely different caliber. Even so, all markets benefit from this latest Bitcoin price surge, thus there is no reason to expect any real pressure unless the world’s leading cryptocurrency falters once again.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.
Image(s): Shutterstock.com
The post XLM Price Spurt Demotes Litecoin to #7 in Market Cap Rankings appeared first on NullTX.
[Telegram Channel | Original Article ]
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After a period of bearish behavior, Bitcoin is currently on an upswing, recently reclaiming the $28,000 level and breaking the bearish trend. Some analysts now expect the flagship cryptocurrency to sustain this upsurge and cross the $31,000 mark during this historically bullish month.Cautious optimism According to CoinGecko, Bitcoin’s value is up by 4.4% and is currently priced at $28,301. Bitcoin's market cap stands at $552 billion with a 24-hour trading volume of $15.3 billion. This rise in value signifies a break in the prolonged bearish trend that Bitcoin has been experiencing, reviving discussions about its potential growth.However, potential investors and enthusiasts should approach this trend with cautious optimism. According to data from 100eyes Crypto Scanner, a bearish divergence has been spotted on Bitcoin's one-hour chart.This divergence between price movement and momentum indicators is seen as a bearish signal, suggesting that despite the increasing prices, the upward movement may be losing strength and a reversal might be forthcoming.Strong investment flows On top of Bitcoin, smaller peers like Ether, Litecoin and Solana are also experiencing gains, injecting some optimism into the battered crypto market.This surge is in part due to increased buying flows, possibly triggered by the commencement of a new accounting quarter, and optimism is high for a continuation of this rally throughout October.However, these investment flows are also influenced by market speculation around the anticipated approval of BlackRock's Bitcoin ETF proposals by the U.S. Securities and Exchange Commission.
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100eyes
PHOTOGRAPHIE (C)
[ catrin mackowski ]
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100eyes>hauntingtons
aaaaaa i’nm sorry for changing it twice today!!
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Day 2 Of #DS9 #DeadPlanetsAndDwarfStars album snippets, here is #100eyes featuring cuts from @renrokrec, album available now @collectiveresonance and all major streaming sites #spotify #itunes #googleplay #soundcloud #bandcamp #juno etc. **Link in Bio** and thank u all from #nextwon and #trauma. #hiphop #hoodclassic #undergroundmusic #undergroundhiphop #newalbum #outnow #rap #rapmusic #rapmonster #rapper #producer #producerlife #mpc #mpcstudio #beats #rhymes #emcee #imthedjhestherapper #goodmusic #blogs #charts #muchlove #music (at Lab II)
#rapmusic#deadplanetsanddwarfstars#producerlife#mpcstudio#soundcloud#charts#itunes#imthedjhestherapper#ds9#undergroundmusic#music#goodmusic#nextwon#outnow#100eyes#producer#trauma#rhymes#muchlove#mpc#rapmonster#hoodclassic#beats#blogs#spotify#googleplay#rapper#newalbum#rap#emcee
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