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Bitcoin and Ethereum price hike today

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bitcoin Close to $18,000. At the time of writing, it has been up 3.73% in the last 24 hours. Meanwhile, Ethereum price action follows the same chart. Having soared above $13K, the world’s leading altcoin has left the crowd wondering what is behind the simultaneous growth of Bitcoin and Ethereum.

Bitcoin and Ethereum price action is showing signs of strengthening buyers

Bitcoin has been “advancing” near its pre-FTX crash high of $12k since the last week of November. The candlestick chart shows that BTC rebounded once it reached the $15.4K mark. From that point on, draw the token green long and short red. The only bearish scenario it experienced occurred in the last week of November, which also did not hold due to the emergence of a bullish engulfing pattern.

Then came the first week of December when Bitcoin accumulated in the $17k range. Three slow trading days followed shortly after. And over the past three days, bitcoin has been trading in the green.

In the last 24 hours, Bitcoin has made a small but significant uptick of 3.87%. The current RSI at 59.38 puts Bitcoin near the overbought areas. Additionally, bitcoin is moving significantly above the 20-day moving average and seems to have found support at $17,539k.

Ethereum price action is also positive

Follow bitcoin trends closely at Ethereum, after dropping to $1.1K in the last second week of November, went on a rebound. The trading charts show several bullish engulfing patterns. At the time of writing, Ethereum price is up 4.19% in the last 24 hours. Experts believe the uptrend may continue as the crowd rushes to close 2022 at a high point.

The real reason behind the recent bullish Bitcoin and Ethereum price movement – the arrest of the founder of FTX

2022 has been a long year for crypto winter. If the LUNC collapse wasn’t enough, the FTX collapse was the final nail in the coffin that markets needed to close the current bearish sentiment. However, as the year draws to a close, the markets are showing signs of picking up so that the next year can start well.

And perhaps the biggest impetus for cryptocurrency enthusiasts to push the price of ETH and BTC once again is the arrest of Sam Bankman Fried.

The world’s second largest cryptocurrency exchange, former CEO, FTX, has been arrested in the Bahamas following criminal charges filed by the United States. At the time of writing, Sam has been placed in a Bahamas prison pending extradition by US authorities.

Why did it take so long to arrest the SBF?

While the public wonders why it took so long for the DOJ to take notice, as calls for her arrest were loud from the start, the DOJ was, in fact, waiting for the SBF to implicate itself. The media-savvy former founder was on literally every news outlet and Twitter space after the FTX crash to make his point.

And the major news channels were more than happy to give him a platform, claiming that this “happens”.

However, in his recent interview with YouTuber and Investigator Covizela On how FTX accurately specified in its terms and conditions that the exchange would not use people’s savings, the SBF accidentally leaked that all holdings, including those not in margin trading accounts, were being used by FTX. Many believe that this accidental spill may have been the cause of the recent SBF imprisonment.

Many believe that this imprisonment may have caused the cryptocurrency crowd to once again start moving after seeing some justice done to those who lost all their assets on FTX.

The volatility is not over yet

While the recent rally may give many of the first signs that the market is recovering, it is important to remember that the volatility is far from over. Cryptocurrencies are still not stable, and unlike FTX, the Fed rate will always have a big role to play in moving the cryptocurrency markets.

Therefore, it is time to see cryptocurrencies as more than just tradable assets. The year 2022 witnessed the emergence of many projects that provide many benefits in the long term.

Dash 2 Trading

There were many who avoided their money from crashing after the FTX crash because of the information they had. The problem is that accessing such high-quality information requires tools that are beyond the reach of ordinary traders. address the issue Dash 2 Trading.

Dash 2 Trade is a cryptocurrency intel and analytics platform that provides traders with all the tools they need to make the most of cryptocurrency price movements. Using the original token, D2T, as payment for the subscription service, Dash 2 Trade is redefining accessibility.

The platform offers multiple combinations to get the most out of your cryptocurrency trades, including an on-demand crypto pre-assessment tool. It uses 12 different metrics to assess the quality of cryptocurrencies beforehand, including team experience and tokens. Trade Dash 2 has revealed the beta version of this pre-sale dashboard. Moreover, the entire platform may go down soon.

Dash 2 Trade has raised over $9.7 million in pre-sale and is close to its $13.4 million goal. visiting dash2trade.com To participate in the pre-sale to gain access to the guaranteed winnings that will come from the list of CEX and DEX.

Dash 2 Trade is already gearing up to release Changelly Pro once the presale ends, with more listings to follow soon.

IMPT

Making green decisions easier every day IMPT, the greenest cryptocurrency project of the year. Short for Impact, IMPT offers a unique marketplace that will host ESG brands and premium carbon credits. Buyers who interact with the platform to purchase ESG products will receive an IMPT in return. These tokens can then be exchanged for token carbon credits and placed on the platform for sale. ESG Brands can then purchase these Carbon Credits directly.

Those who choose to retire from carbon credits will earn a work of art.

The uniqueness of the project, along with its green intentions, made IMPT presale a success. The pre-show closed December 11, 2022, and IMPT has raised over $20.5 million. The listing is coming tomorrow on major CEXs and DEXs such as LBank, Changelly, and Uniswap. The CEO of IMPT also stated that more than 7 more listings are planned for the next year.

While the pre-sale opportunity has been lost, the IEO is still around. IMPT will open for trading on LBank on the 14th of this month at 10:00 UST. visiting impt.io To learn more about his project and claim your tokens before the listing date.

Calvaria (RIA)

Calvaria It is a P2E project that aims to use unencrypted players with its unique F2P mode. It has great symbols and basic DeFi mechanics that are likely to entice the next generation of Web 3 games.

Calvaria is another pre-sale project of 2022 and it has attracted a huge crowd. P2E crypto raised over $2.4 million and 79% in Phase 5 pre-sale. visiting calvaria.io To participate in this early opportunity.

With Bitcoin and Ethereum on the rise, the crowd is now focused on the next move. Explore these new cryptocurrency projects to become part of the next generation of utility-based crypto assets. Stay connected with Insidebitcoin as we give you daily updates on the daily happenings of the markets.

Related articles

  1. Dash 2 trading price prediction
  2. Calvaria price prediction
  3. Green coding for 2022
  4. “SBF’s PR tour is over”: Crypto Twitter reacts to SBF’s arrest

Dash 2 trading – high probability pre-sale

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  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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Blockchain

DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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Blockchain

SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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