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May 17, 2021 19:21 GMTCrypto News XLM price hugging the secondary trend line of the ascending channel. Second bearish reversal above channel reinforcements bearish tilt. Bearish momentum divergence persists on multiple time frames, increasing downward pressure. XLM price action since the bearish shooting star candle pattern on May 10 has been a mix of indecision and failed attempts to ascend the channel’s upper trend line. As long as Stellar does not close above the shooting star high on a daily basis, the bearish outlook takes precedent, targeting a 40% decline. XLM price stalemate disguises a gradual deterioration in Stellar Stellar rallied strongly in the early part of 2021. Still, XLM price has only managed to print marginal new highs in April and again in May, delivering a disappointing 30% return for Stellar from the February high to the May high. ....
Chainlink price bounces despite crypto bloodbath forexcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexcrunch.com Daily Mail and Mail on Sunday newspapers.
May 14, 2021 20:31 GMTCrypto News Bitcoin price reaches a stalemate between buyers and sellers. Ethereum price regains bullish posture and $4,000 with a 10% gain. Ripple price staggered, attempts to bounce from important tactical price level. Bitcoin price may have survived the first test at the head-and-shoulders neckline, but the resulting doji candle speaks to indecision. Ethereum price once again shakes off the broader weakness in the cryptocurrency market, eager to continue the seven-week rally. Ripple price strikes support at the 50-day simple moving average (SMA). Cryptocurrency investors beware, the IRS is coming for you Currently, brokerage firms must report stock sales and related information to the Internal Revenue Service (IRS) to evaluate tax compliance. Still, there is no similar comparable reporting process for cryptocurrency exchanges. The lack of reporting makes crypto investing more attractive to criminals and for tax evasion. ....
May 14, 2021 21:41 GMTCrypto News XLM price stakes support at the critical 61.8% Fibonacci retracement level. Shooting star candlestick pattern keeps bears in control. Bearish momentum divergence on multiple time frames adds to downward pressure. XLM price realized a bearish shooting star candle pattern on May 10 after testing the channel’s upper trend line. As long as Stellar remains below the candle’s high, the outlook is pointed bearish, targeting a 40% decline. XLM price reveals few places to hide Stellar rallied strongly into February, but XLM price has only managed to print marginal new highs in April and again in May, delivering a disappointing 30% return from the February high to the May high. ....
May 4, 2021 22:56 GMTCrypto News Ethereum Classic price has printed an all-time this week. ETC rally strength only exceeded by the rally into the end of May 2017. Grayscale has gone all-in on the altcoin with a stake of over 160,000 ETC. Ethereum Classic price is up 39% this week at the time of writing and is inching towards the 161.8% Fibonacci extension of the 2018 bear market. Due to the extended condition, price progress will be limited in the short term with a high probability consolidation. Ethereum Classic price substantially less expensive than Ether Ethereum and Ethereum Classic should not be confused. They separated from each other in 2016 after a contentious hard fork on the ETH blockchain generated a disagreement over reverting the blockchain to reverse a hacking. ETC is the section of the chain that did not revert. ....