365Coin(365)

Avalanche's AVAX was one of the few crypto assets that dipped in price over the past week as the token will undergo a $365 million unlocking event scheduled this week.

Bitcoin (BTC/USD) pared recent gains early in the Asian session as the pair traded as low as the 42596.36 area, representing a test of a downside price objective associated with recent interday selling pressure around the 43657 and 43207 levels.

Bitcoin (BTC/USD) maintained a positive technical bias early in the Asian session as the pair appreciated from the 36205.89 level and reached the 36578.27 area.

London, United Kingdom, August 7th, 2023, ChainwireChancer, one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone. This coincides with the announcement that their first exchange listing will take place on BitMart – a hugely popular exchange with users in over 180 countries with a trading volume of over $500 million per day.Those interesting in getting involved at the current price can do so at $0.011 before it rises by 9% to $0.012 in Stage 3 of the presale.Chancer’s CEO, Adam Kelbie, commented: “We're thrilled to see our trajectory accelerating with each passing day. The support from our community fuels our enthusiasm to dive deeper into the development of our beta platform. We're actively pursuing various exchange partnerships and keeping a close eye on the performance of similar projects. BitMart is just the initial step on this promising journey for Chancer!”Chancer tokens are available to buy on the official website.Chancer: a disruptive force reshaping the traditional betting industryChancer is gaining an impressive following off the back of a simple but powerful premise, “Your Game, Your Rules, Your Odds.”Their product removes the potential for manipulation by a centralized betting house or bookmaker, and puts the power back into the hands of the bettors.The concept is simple; anyone can set up a bet on anything they want using the Chancer platform, set the odds they want, and other people can choose to bet against them via a live broadcast.From the small-time wagers with friends on who can hit bullseye 3 times in a row, to betting thousands of people worldwide on the Super Bowl outcome with your own odds – as long as there is a way to verify the outcome, then there can be a betting market on Chancer.All bets are made and paid out in CHANCER tokens, which gives the coin utility as it is the lifeblood of the entire platform.Chancer is also CertiK audited, the leading blockchain auditor that has reviewed other leading projects in the space including The Sandbox, Floki, and Blockchain Bets.What’s driving Chancer forwardsChancer offers its users multiple ways to potentially earn, through betting, market-making rewards, staking, and the innovative Share2Earn scheme. With a unique setup where betting engagement directly influences rewards, Chancer has quickly piqued the interest of the social-centric crypto world.Founders, Adam and Paul Kelbie, are active participants in shaping Chancer's lively community. They consistently engage with members on multiple platforms and take part in Chancer's various wagers between each other and directly with community members.With the online gambling industry estimated at $64 billion in 2022, Chancer's potential to cause a significant shift is enticing crypto investors. By delivering on its plan, Chancer could pose a challenge to industry heavyweights such as Playtech and Bet 365.To continue gaining traction and attracting new users, Chancer is currently hosting giveaways, including $100,000 in tokens and a $25,000 Las Vegas trip. As a testament to its fun-loving ethos and commitment to its community, anyone holding CHANCER tokens can participate via Gleam.About ChancerChancer is set to develop the world’s first decentralized social predictive markets platform. This will allow Chancer token holders to create, and participate in their very own predictive markets based on their interests, expertise and social opportunities.The project intends to disrupt the global gambling and betting market by ‘removing the house’ and taking a slice of the market share as it garners attention by challenging the traditional bookmaking and betting business model.For more information: Website | Whitepaper | SocialsContactCEOAdam [email protected]

London, United Kingdom, August 7th, 2023, ChainwireChancer, one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone. This coincides with the announcement that their first exchange listing will take place on BitMart – a hugely popular exchange with users in over 180 countries with a trading volume of over $500 million per day.Those interesting in getting involved at the current price can do so at $0.011 before it rises by 9% to $0.012 in Stage 3 of the presale.Chancer’s CEO, Adam Kelbie, commented: “We're thrilled to see our trajectory accelerating with each passing day. The support from our community fuels our enthusiasm to dive deeper into the development of our beta platform. We're actively pursuing various exchange partnerships and keeping a close eye on the performance of similar projects. BitMart is just the initial step on this promising journey for Chancer!”Chancer tokens are available to buy on the official website.Chancer: a disruptive force reshaping the traditional betting industryChancer is gaining an impressive following off the back of a simple but powerful premise, “Your Game, Your Rules, Your Odds.”Their product removes the potential for manipulation by a centralized betting house or bookmaker, and puts the power back into the hands of the bettors.The concept is simple; anyone can set up a bet on anything they want using the Chancer platform, set the odds they want, and other people can choose to bet against them via a live broadcast.From the small-time wagers with friends on who can hit bullseye 3 times in a row, to betting thousands of people worldwide on the Super Bowl outcome with your own odds – as long as there is a way to verify the outcome, then there can be a betting market on Chancer.All bets are made and paid out in CHANCER tokens, which gives the coin utility as it is the lifeblood of the entire platform.Chancer is also CertiK audited, the leading blockchain auditor that has reviewed other leading projects in the space including The Sandbox, Floki, and Blockchain Bets.What’s driving Chancer forwardsChancer offers its users multiple ways to potentially earn, through betting, market-making rewards, staking, and the innovative Share2Earn scheme. With a unique setup where betting engagement directly influences rewards, Chancer has quickly piqued the interest of the social-centric crypto world.Founders, Adam and Paul Kelbie, are active participants in shaping Chancer's lively community. They consistently engage with members on multiple platforms and take part in Chancer's various wagers between each other and directly with community members.With the online gambling industry estimated at $64 billion in 2022, Chancer's potential to cause a significant shift is enticing crypto investors. By delivering on its plan, Chancer could pose a challenge to industry heavyweights such as Playtech and Bet 365.To continue gaining traction and attracting new users, Chancer is currently hosting giveaways, including $100,000 in tokens and a $25,000 Las Vegas trip. As a testament to its fun-loving ethos and commitment to its community, anyone holding CHANCER tokens can participate via Gleam.About ChancerChancer is set to develop the world’s first decentralized social predictive markets platform. This will allow Chancer token holders to create, and participate in their very own predictive markets based on their interests, expertise and social opportunities.The project intends to disrupt the global gambling and betting market by ‘removing the house’ and taking a slice of the market share as it garners attention by challenging the traditional bookmaking and betting business model.For more information: Website | Whitepaper | SocialsContactCEOAdam [email protected]

Following Ripple's partial victory over the SEC, it was ruled XRP does not constitute a security concerning programmatic sales. What is a realistic price prediction following this decision, and what is it based on? Popular Twitter personality Shannon Thorp was recently asked to give a price prediction for XRP with no time frame or a set idea of circulating supply or the dollar amount it equates to. Thorp has noticed a trend among the XRP followers (the #XRPArmy as they are better known on Twitter) and found the camp to be divided. One side bases their future views and prediction based solely on charts, taking guidance from past price action and trends that Bitcoin – the biggest crypto by market cap, follows to determine short-term price predictions. The other side bases their views on Ripple and XRP's utility. This camp of XRP supporters is of the opinion that partnerships and the replacement of "antiquated systems" will determine XRP's price. People have long asked what will be the price of $XRP, when will this “utility” come? In my opinion, now more than ever I see a divided #XRPArmy! One side looking at only charts, taking cues from the past and trends that follow Bitcoin to draw short term price predictions. Whilst… — Shannon Thorp (@thorpshannon87) July 29, 2023 Thorp believes no side is correct since XRP does not constitute a security. In Ms Thorp's view, it is wrong to continue making price predictions for XRP as a "security." After the XRP ruling, the FedNow announcement and the US Congress passing its proposed crypto regulation bill to Senate, estimates of XRP's future price have come under question. Vahil Capital released a white paper on XRP's price, which indicates XRP's price could reach anywhere between $3,500 and $21,900. Vahil based its predictions on two years of research and six distinct quantitative models. The VC firm's prediction has been met with shock and scepticism, to say the least, and this apprehension is based on chart analysts stating the chart does not allow for such a prediction. Ms Thorp was quick to call out an issue with the charts: She argues that if a range for XRP is set at $1.00 - $5.00, what it ultimately means is that if one company owned all the XRP tokens in circulation, then yes, it would mean that that company in possession of all 100 billion tokens would have a Liquidity Strength of (LS) anywhere between $100B - $500B - bear in mind that is a burn rate for every transaction regardless of the amount. An LS such as this does not factor for economic growth, messaging and settling and does not account for the benefits of using XRP. Thorp explains the situation concerning SWIFT – SWIFT is one of the systems Ripple aims to improve on. As it stands, SWIFT handles 44.8 million messages in a day, does not include settlements, and at this point, is only half of what Ripple can do. Based on a $7 trillion value for SWIFT in a day (not 24/7 or 365). She suggests that if Ripple, in its ten years of innovation and partnerships, has only gained 30% of SWIFTs value, it would put XRP's daily value at $2.1 trillion (about 13.2 million messages). XRP settles in 1 -5 seconds, and the liquidity would be there. However, settlements are fast, but if a user were to send a $750 million transaction with an LS of $1.00, for argument's sake, it equates to 10% of all that bank's XRP. To determine a price prediction, Thorp follows the following logic: Considering all banks globally, all the XRP that has been burnt through other transactions, all the XRP tokens all its holder own, and all the XRP given to other large banks and the XRP tokens awarded to its creators. Then account for the XRP on liquidity hubs and exchanges and present an amount representing a range, using 50B-75B XRP at any one-time support LS. Then spread that across 300 -1000 banks, liquidity providers and governments. The math follows: 75 billion XRP at $1.00 amounts to $75 billion. Take $75B and divide by 1,000 banks equals $75 million XRP/dollars for each bank or liquidity provider. Further, assume big banks hold more XRP than small banks, and small banks would use liquidity providers. Then consider that Ripple has released all the XRP tokens to reach a circulating supply of 75 billion. LS would be $75M per bank, and a top-tier bank such as J.P. Morgan moves more than $8 trillion a day and considers service overlaps with SWIFT and the assumption that Ripple only has 10% of the market ($800 billion). This movement only accounts for cross-border transactions, not CBDCs, derivatives, real estate, NFTs and technical parallels. Vahil Capital's price prediction and logic do not seem so outrageous anymore. Thorp finally comes to her own price prediction. The Twitter personality has placed her prediction anywhere from $100 - $500 in the short term of four to seven months. She argues that it all comes down to LS if XRP is $100 at a supply of only 50 billion, which equates to an LS of $5 trillion and at $500 makes an LS of $25 trillion. The logic is that this gives the market room to grow and breathe and ensures that no one company needs to own billions of XRP tokens for day-to-day operation. XRP Is On the Rise But Has Not Even Reached $1 While the ruling was highly bullish for XRP, and the price soared over 100% following Judge Torres's order, it has not continued its momentum. XRP reached a high of $0.84 on July 19 but currently trades at $0.66. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Following Ripple's partial victory over the SEC, it was ruled XRP does not constitute a security concerning programmatic sales. What is a realistic price prediction following this decision, and what is it based on? Popular Twitter personality Shannon Thorp was recently asked to give a price prediction for XRP with no time frame or a set idea of circulating supply or the dollar amount it equates to. Thorp has noticed a trend among the XRP followers (the #XRPArmy as they are better known on Twitter) and found the camp to be divided. One side bases their future views and prediction based solely on charts, taking guidance from past price action and trends that Bitcoin – the biggest crypto by market cap, follows to determine short-term price predictions. The other side bases their views on Ripple and XRP's utility. This camp of XRP supporters is of the opinion that partnerships and the replacement of "antiquated systems" will determine XRP's price. People have long asked what will be the price of $XRP, when will this “utility” come? In my opinion, now more than ever I see a divided #XRPArmy! One side looking at only charts, taking cues from the past and trends that follow Bitcoin to draw short term price predictions. Whilst… — Shannon Thorp (@thorpshannon87) July 29, 2023 Thorp believes no side is correct since XRP does not constitute a security. In Ms Thorp's view, it is wrong to continue making price predictions for XRP as a "security." After the XRP ruling, the FedNow announcement and the US Congress passing its proposed crypto regulation bill to Senate, estimates of XRP's future price have come under question. Vahil Capital released a white paper on XRP's price, which indicates XRP's price could reach anywhere between $3,500 and $21,900. Vahil based its predictions on two years of research and six distinct quantitative models. The VC firm's prediction has been met with shock and scepticism, to say the least, and this apprehension is based on chart analysts stating the chart does not allow for such a prediction. Ms Thorp was quick to call out an issue with the charts: She argues that if a range for XRP is set at $1.00 - $5.00, what it ultimately means is that if one company owned all the XRP tokens in circulation, then yes, it would mean that that company in possession of all 100 billion tokens would have a Liquidity Strength of (LS) anywhere between $100B - $500B - bear in mind that is a burn rate for every transaction regardless of the amount. An LS such as this does not factor for economic growth, messaging and settling and does not account for the benefits of using XRP. Thorp explains the situation concerning SWIFT – SWIFT is one of the systems Ripple aims to improve on. As it stands, SWIFT handles 44.8 million messages in a day, does not include settlements, and at this point, is only half of what Ripple can do. Based on a $7 trillion value for SWIFT in a day (not 24/7 or 365). She suggests that if Ripple, in its ten years of innovation and partnerships, has only gained 30% of SWIFTs value, it would put XRP's daily value at $2.1 trillion (about 13.2 million messages). XRP settles in 1 -5 seconds, and the liquidity would be there. However, settlements are fast, but if a user were to send a $750 million transaction with an LS of $1.00, for argument's sake, it equates to 10% of all that bank's XRP. To determine a price prediction, Thorp follows the following logic: Considering all banks globally, all the XRP that has been burnt through other transactions, all the XRP tokens all its holder own, and all the XRP given to other large banks and the XRP tokens awarded to its creators. Then account for the XRP on liquidity hubs and exchanges and present an amount representing a range, using 50B-75B XRP at any one-time support LS. Then spread that across 300 -1000 banks, liquidity providers and governments. The math follows: 75 billion XRP at $1.00 amounts to $75 billion. Take $75B and divide by 1,000 banks equals $75 million XRP/dollars for each bank or liquidity provider. Further, assume big banks hold more XRP than small banks, and small banks would use liquidity providers. Then consider that Ripple has released all the XRP tokens to reach a circulating supply of 75 billion. LS would be $75M per bank, and a top-tier bank such as J.P. Morgan moves more than $8 trillion a day and considers service overlaps with SWIFT and the assumption that Ripple only has 10% of the market ($800 billion). This movement only accounts for cross-border transactions, not CBDCs, derivatives, real estate, NFTs and technical parallels. Vahil Capital's price prediction and logic do not seem so outrageous anymore. Thorp finally comes to her own price prediction. The Twitter personality has placed her prediction anywhere from $100 - $500 in the short term of four to seven months. She argues that it all comes down to LS if XRP is $100 at a supply of only 50 billion, which equates to an LS of $5 trillion and at $500 makes an LS of $25 trillion. The logic is that this gives the market room to grow and breathe and ensures that no one company needs to own billions of XRP tokens for day-to-day operation. XRP Is On the Rise But Has Not Even Reached $1 While the ruling was highly bullish for XRP, and the price soared over 100% following Judge Torres's order, it has not continued its momentum. XRP reached a high of $0.84 on July 19 but currently trades at $0.66. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The United States Federal Reserve has officially launched its new instant payment system dubbed FedNow. The launch comes as the Federal Reserve looks to modernize and streamline the United States’ payment system. Research on financial systems has been ongoing since 2021 FedNow enables instant payment between users and banks and boasts of its 24/7/365 operations. Users will have full access to their funds and also do not have to pay anything to join the service. The Federal Reserve expects the service to speed up the flow of money throughout the country. According to the FedNow’s own website, the initial launch will simply focus on “core clearing and settlement capabilities” and additional features will be launched in phases, depending on industry demands and changes in technology. As more banks and credit unions adopt the service, users and businesses can expect more benefits. As of writing, early adopters of the service include big banks like JPMorgan Chase, Wells Fargo, and BNY Mellon. While this development is of course a net positive for everyday users, the launch of FedNow raises a glaring question, especially regarding the United States’ own financial system. There are already existing systems like Venmo, Paypal or even The Clearing House’s Real-Time Payments (RTP) Network that enable instant payments. So the question becomes what is FedNow really for? And what comes next after FedNow? Although the Federal Reserve has said that FedNow will not be used as a springboard to the launch of the United States’ own central bank digital currency (CBDC), this has not stopped the cryptocurrency community from speculating and worrying. If the Federal Reserve, and by extension the United States government, is serious about digital currencies, then it should also relax the current hostile environment to cryptocurrency enablked by none other than the Securities and Exchange Commission (SEC). The SEC, at the helm of Gary Gensler, has been on a warpath against cryptocurrency platforms with its unflinching stance that all crypto assets (save for Bitcoin) are securities. Notably, there is the recent issue of the BRICS (Brazil, Russia, India, China, South Africa) bloc developing its own CBDC patently as a rival to the U.S. dollar. The United States is currently at a crossroads and the next big move after FedNow will be crucial not just to the everyday user but the entire world’s monetary system. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BTC/USD Advances from 30342 Technicals: Sally Ho’s Technical Analysis – 28 June 2023 Bitcoin (BTC/USD) sought to add to recent gains early in the Asian session as the pair reached the 30782.06 area before consolidating some advances, the latest renewal of upside pressure that strengthened around the 29900 area. Bulls continue to eye the 30994.30 area as an upside hurdle that represents the 23.6% retracement of the recent appreciating range from 29539.57 to 31443.67. Buying pressure also recently intensified just above the 30198.14 area and 29863.96 area, retracement levels associated with buying pressure that rallied around the 26165.98 and 24750 areas. The pair’s recent print around the 31443.67 area was a twelve-month high and test of an upside price objective associated with buying pressure that strengthened around the 26637.41 area. Stops were also recently elected above the 30127.80 area during the ongoing appreciation, an upside price objective associated with historical buying pressure that emerged around the 15460 and 19568.52 areas. Stops were also triggered above additional upside price objectives around the 29068, 29159, 29458, 30088, 30200, 30292, and 30477 levels. Additional upside price objectives include the 31737, 32125, and 33569 areas. Stops are cited above additional upside price objectives around the 31674, 32043, 34531, and 34658 areas. Following recent upside price activity, areas of technical support and potential buying pressure include the 30192, 29863, 29423, 28886, 28179, 28096, and 27293 areas. Technicians are closely watching to see how much technical support develops around the 28095.44 area, representing the 23.6% retracement of the historical depreciating range from 69000 to 15460. Traders areobservingthat the50-bar MA (4-hourly)isbullishly indicating above the 100-bar MA (4-hourly)andabove the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly). Price activity is nearest the50-bar MA(4-hourly) at 29365.77 and the50-bar MA(Hourly) at 30400.23. Technical Supportis expected around24440.41/ 23270.10/ 22769.39 withStopsexpected below. Technical Resistanceis expected around31986.16/ 32989.19/ 34658.69 withStopsexpected above. On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bearishly below MACDAverage. On60-minutechart,SlowKis Bearishly below SlowDwhileMACDisBullishly above MACDAverage. Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

At some point in every trader’s journey, the concept of portfolio diversification becomes a mainstay. It’s a mandatory lesson for life if you’re interested in having the best shot at success and having that elusive result only a small portion of traders end up having – more profits than losses. In today’s world of high inflation, increasing interest rates and strained geopolitical tension, opening positions across a variety of different asset classes is more important than ever. The Exness Trade App makes this task seamless and convenient. As a one-stop-shop platform, the app offers the entire A-Z trading journey, from sign-up to withdrawal. More importantly, it offers a diverse range of instruments, including a bountiful selection of cryptocurrency CFDs alongside the more traditional markets. Unlike some other trading apps on the market, Exness Trade provides a comprehensive trading experience for anyone looking to put their eggs in as many baskets as possible. Why having the crypto trading option matters Exness opens the door to the next level of portfolio diversification – the ability to spread your capital across a very wide range of crypto prices against the USD, Gold, the Aussie Dollar, and more. Exness Trade App gives access to all of the broker’s cryptocurrency products through its MT5 trading accounts. That means you can trade the price of 25+ crypto CFDs on offer against the US Dollar – from the biggest market players in Bitcoin, Ripple, and Ethereum to the lesser-known 1inch, Polkadot, and Elon Musk’s favorite Dogecoin. Exness is also one of the very few brokers who offer you the opportunity to trade Bitcoin’s price against metals like Gold and Silver. Beyond having access to such an impressive portfolio of cryptos, trading with Exness Trade App comes with a whole slew of features that can propel your crypto trading to new heights. Features for an immersive crypto trading experience What makes the Exness Trade App really stand out is the way it allows users to monitor and analyze their trading performance, as well as its customization capabilities. Since there is such a large collection of cryptocurrencies on offer, you have options to tailor your app experience so that you keep quick track of the cryptos you care about. For example, in the Performance section, you can analyze your overall trading history for instruments like BTCXAU, BTCUSD, DOTUSD, DOGEUSD, and ETHUSD in terms of profit and loss by looking at different time periods and time categories. Four different time periods – 7, 30, 90, or 365 days – and three different time categories – General period, Time intervals, or Data slices – help you perform a deep dive into your profitable and non-profitable historical crypto orders. Sifting through all the instruments in the app is made much easier by the three different ways you can view them: Favorites – you can tag any crypto instrument you’d like as a favorite, such as BTCXAU, DOTUSD, or DOGEUSD, and it will be grouped here. Popular – a category that is automatically updated based on the overall number of orders from all Exness traders. See how popular crypto trading is with other traders and adjust your strategy accordingly. Top movers – a list that is refreshed every time the app is loaded, featuring 10 instruments with the highest percentage of daily price changes (top five bullish and top five bearish). Keep an eye out for any big movers in the crypto market here. For the ultimate personalized experience, crypto traders can set up personalized push notifications on the Exness Trade App, as well as bid and ask price alerts, for specific cryptocurrency CFD instruments or events. Multiple alerts can be set up for a single instrument, such as BTCUSD or ETHUSD, and the app stores a history of your alerts until you decide to clear it. This way, you’ll never miss a minute of the crypto market action that you care about the most. Beyond these stand-out features, the Exness Trade App also offers more standard, but extremely useful, tools to help you navigate the crypto markets. Things like margin, swap, and spread calculators, economic calendars, trading signals, and the latest news help you hone your trading strategies, while different chart layouts, popular indicators, and the ease of setting up take profit and stop loss orders help to sharpen the technical side of your trades. Trading the more traditional markets for next-level diversification Besides cryptocurrency CFDs, the Exness Trade App also caters to traders interested in more traditional markets, or those looking to diversify their portfolio beyond just crypto assets. Users can access a vast array of CFDs in forex, metals, indices, energies, and stocks. Metals, for example, include a range from the most popular Gold vs. USD (XAUUSDm) with an extended swap-free option, to the rare Palladium (XPDUSDm) that you won’t find with many other brokers. This kind of versatility applies to all the other asset classes, allowing traders to capitalize on a multitude of opportunities across different market sectors and adapt their strategies according to changing market conditions. Exness has built an app that ensures a comprehensive trading experience, whether you’re a seasoned crypto trader, a beginning trader, or anyone in between. To learn more, visit https://www.exness.com/exness-trader-app/ and get all of the app’s specifics in the Apple App Store or Google Play Store. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BTC/USD (Bitcoin/ US dollar) Bitcoin (BTC/USD) renewed recent strength through the early part of today’s Asian session, lifting from the 3937.69 level to the 3982.00 area. The pair had plateaued around the 4015.70 level in Monday’s sessions after testing the 4037.47 area during the weekend’s sessions. Today’s intraday High is just below the 3984.88 level, representing the 61.8% retracement of the recent move from 4188.79 to 3655.00. The level coincides with the 3985.90 level, representing the 61.8% retracement of the recent dive from 4015.70 to 3937.69. Related technical Resistance is expected around the 3997.29/ 3998.82 levels with further Selling pressure anticipated around the 4013.59 level. Technical Support is expected around 3938.66/ 3877.79/ 3763.33/ 3684.13/ 3620.14 with Stops expected below. Technical Resistance is expected around 4062.82/ 4111.39/ 4188.79/ 4239.37 with Stops expected above. Upside price objectives remain around the 4163/ 4358/ 4673 levels. On 240-minute chart, Price activity remains significantly above the 50-bar MA (3902.53). SlowK is Bullishly diverging from SlowD while MACDAverage is Bearishly above MACD. On 60-minute chart, Price activity bounced off the 50-bar MA (3966.25) in moving Higher to the 3984.58 level. SlowD has just Bearishly crossed above SlowK and both are technically overbought. MACD is Bullishly diverging from MACDAverage. ETH/USD (Ethereum/ US dollar) Ethereum (ETH/USD) found some decent Bids early in the Asian session as the pair finally moved above the 137.82 level and 138.49 levels, representing the 38.2% and 50.0% retracement levels of the 141.30 – 135.67 range. Stops were elected above both levels. Price activity remains above the 200-bar MA (135.34) on a 4-hourly chart. Technical Support is expected around the 134.91/ 132.10/ 130.05 levels with Stops expected below. Technical Resistance is expected around the 143.05/ 144.19/ 147.22 levels with Stops expected above. Downside price objectives remain around the 119.57 level. On 240-minute chart, SlowK has Bullishly crossed above SlowD while MACDAverage Bearishly remains above MACD. On 60-minute chart, Price activity is orbiting the 50-bar MA (137.85) and 100-bar MA (137.39) levels. SlowD has Bearishly crossed above SlowD while MACD is Bullishly diverging from MACDAverage. LTC/USD (Litecoin/ US dollar) Litecoin (LTC/USD) was pushed Higher during the Asian session, taking out Stops above the 59.49 level before encountering some intraday Selling pressure around the 59.67 area. The 59.49 level represents the 38.2% retracement of the 62.22 – 57.80 range and technicians are eyeing the 60.01/ 60.53/ 61.18 levels as upside targets. Technical Support is expected around the 57.54/ 54.48/ 48.33 levels with Stops expected below. Technical Resistance is expected around the 66.80/ 72.16/ 75.06 levels with Stops expected above. Upside price objectives remain around the 62 and 74 levels. On 240-minute chart, Price activity is nearest the 50-bar MA (57.30). SlowK is marginally above SlowD while MACDAverage is Bearishly above MACD. On 60-minute chart, Price activity is orbiting the 50-bar MA (59.82) and 100-bar MA (59.27) levels. SlowK and SlowD have converged while MACD is Bullishly diverging from MACDAverage. BCH/USD (Bitcoin Cash/ US dollar) continued to trade very technically with the most recent 240-minute bar’s High (161.36) and Low (158.25) right around the 50% and 23.6% retracements of the recent 166.80 – 155.79 range. Price activity remains far above the 50-bar MA (139.79) on a 4-hourly chart. Technical Support is expected around the 156.96/ 150.87/ 145.95 levels with Stops below. Technical Resistance is expected around the 171.41/ 186.47/ 194.60 levels with Stops above. Downside price objectives remain the 110 and 82 levels. On 240-minute chart, SlowD has Bearishly crossed above SlowK while MACDAverage has Bearishly crossed above MACD. On 60-minute chart, Price activity remains above the 50-bar MA (155.62). SlowD is Bearishly diverging from SlowK while MACDAverage remains Bearishly above MACD.