September 29, 2023

Crypto Analysis

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  • Crypto price prediction: Memeainator (MMTR), Chainlink, WorldCoin
    by Crispus Nyaga on September 29, 2023 at 5:45 am

    Memeainator raised more than $300k a few days after starting its token sale. WorldCoin token surged as the developers increased their focus on emerging markets. Chainlink gained traction as demand for its tokenizatioon products rose. Cryptocurrency prices had a strong performance this week as they defied the gravity we saw in other assets like stocks The post Crypto price prediction: Memeainator (MMTR), Chainlink, WorldCoin appeared first on CoinJournal.

  • Bitcoin price sits at inflation point; RSI indicates more upside
    by Mircea Vasiu on September 28, 2023 at 12:40 pm

    Bitcoin price remains resilient despite the US dollar’s strength A bullish divergence with the RSI supports Bitcoin’s price action The horizontal consolidation might be part of a bullish flag pattern This is the last trading week of Q3 2023, and investors already have plans for the last quarter of the year. Bets are made both The post Bitcoin price sits at inflation point; RSI indicates more upside appeared first on CoinJournal.

  • Cosmos (ATOM/USD) outlook: bearish while below $15
    by Mircea Vasiu on September 28, 2023 at 11:13 am

    Cosmos gave up all of its 2023 gains and some more The $15 level acts as a pivotal one The bias remains bearish while trading below resistance Many cryptocurrency investors were thrilled to see Bitcoin and most cryptocurrencies rallying at the start of 2023. It was supposed to be the start of a new bullish The post Cosmos (ATOM/USD) outlook: bearish while below $15 appeared first on CoinJournal.

  • Hedera (HBAR/USD) technical analysis as it struggles at support
    by Mircea Vasiu on September 28, 2023 at 9:45 am

    Hedera struggles at dynamic support If the US dollar weakens and Hedera fails to follow, it suggests internal problems Bulls may want to see a daily close above $0.07 Bitcoin rallied at the start of 2023 and triggered similar rallies in all corners of the cryptocurrency market. Even less known and popular projects, such as The post Hedera (HBAR/USD) technical analysis as it struggles at support appeared first on CoinJournal.

  • Stellar (XLM/USD) fails at $0.2; attention turns to previous support
    by Mircea Vasiu on September 28, 2023 at 7:49 am

    $0.2 proves to be strong resistance for Stellar The US dollar’s strength is responsible for Stellar’s weakness Support in the triple bottom area might not hold if the market gets there The US dollar surged during the summer, putting pressure on equities and fiat currencies. It also pressured the cryptocurrency market, as a higher dollar The post Stellar (XLM/USD) fails at $0.2; attention turns to previous support appeared first on CoinJournal.

  • Shiba Memu resilient as Nasdaq 100, Russell 2000, bonds plunge
    by Crispus Nyaga on September 28, 2023 at 6:11 am

    American stocks continued their sell-off this week as risks rose. Cryptocurrencies have proven resilient despite the challenging environment. Shiba Memu token sale has accelerated recently.  It has been a sea of red in the financial market this week as the fear and greed index plunged to the lowest level in months and the US dollar The post Shiba Memu resilient as Nasdaq 100, Russell 2000, bonds plunge appeared first on CoinJournal.

  • Riot Platforms stock price analysis: Here comes the death cross
    by Crispus Nyaga on September 27, 2023 at 1:51 pm

    Riot Platforms (NASDAQ: RIOT) stock price continued its sell-off even as Bitcoin and other cryptocurrencies held steady. The shares plunged to a low of $8.90 on Tuesday, the lowest level since April 6th. It has retreated by more than 56% from its highest point this year, meaning it is in a deep bear zone. Bitcoin The post Riot Platforms stock price analysis: Here comes the death cross appeared first on CoinJournal.