Crypto.com Coin From June 1 until today its value has increased by 40% against BTC
Today 12:04 UTC on the 4-hour chart the price is re-encountering resistance that it hasn't seen since 2019, the important resistance level is located at 0.00001278 sat, in the last hours of yesterday the price received a slight rejection by that resistance, However today the bulls dominate.
In addition, the moving average TEMA 20 has just crossed above DEMA 60, this is undoubtedly a positive sign since it indicates bullish continuity.
If the tenth Cryptocurrency by Market Capitalization acts as follows, if the bears fail to stop the bullish momentum the CRO price could reach 0.00001315 sat and even well above as the next major resistance is located at 0.00001447 sat
But if the bears manage to lean on this resistance and exceed the purchase orders, the price could go down to 0.00001237 sat maximum until the next support that is at 0.00001200 sat, which would be just a pullback to continue the bullish momentum.
In addition to that, the CRYPTO.COM Chain (CRO) token is now the second cryptocurrency to receive an emoji hashtag on Twitter. This comes after a similar move for Bitcoin (BTC) in February.
Add to this what Crypto.com CEO Kris Marszalek said, declining to answer detailed questions about the hashtag. His response was that "we have a team that works relentlessly and creatively to drive engagement on Twitter," noting that the response to the new hashtag was "beyond our expectations."
EOS/BTC
On May 13 EOS / BTC had a minimum historic since that day a support has been formed at the level of 0.000269 sat. Throughout May and June the price has tried to make a bearish break for 5 times, it seems that the bulls did not yield so easily. We must bear in mind that an EMAS crossing was formed on May 30 but it is insufficient for a change in trend. The bears will now try to sink the ninth highest ranked cryptocurrency on CoinMarketCap below the critical support at 0.000269 sat A breakdown of this support will be a negative sign and could lead to a new downtrend.
Conversely, if the EOS / BTC pair rises from current levels and exceeds moving averages, it could hit 0.000290 sat. This level has been acting as a strong resistance for the past few weeks. If the pair again rejects this resistance, it will likely take a few more days of limited range action.
On the other hand, if the bulls can push the price above 0.000290 sat, a rally to 0.000320 sat is possible
EOS / ETH
EOS has been limited between 0.0109930 eth - 0.0111411 eth for the past few days. Since June 12, the bulls intervened to prevent the value of EOS from decreasing to bring the altcoin down to 0.0111411 eth, the bulls have been able to push the price above the 20-period moving averages above the 20-issue TOPIC. DEMA 60 is likely to move towards the 0.0117633 eth. At the time of writing this June 21 EOS price is 0.0109930 eth
The bears are likely to aggressively defend the resistance of the 0.0117633 eth. If the price fails to drop below this support level, it is likely that the ninth-ranked cryptocurrency on CoinMarketCap will extend its stay within this range.
If the EOS / ETH pair falls below the moving averages, the bears will try to sink it below the critical support of 0.0109171 eth. If they succeed, the downtrend is likely to continue.
BCH / USD (BITCOINCASH)
The bcash price has been fluctuating between the resistance level of $ 277 and the important support level of $ 232. However in recent days bcash has been closer to the Support level than the Resistance level. The price is below the moving averages, something very important to keep in mind is that our moving average (DEMA 60) crossed above the 20-day THEME. The bulls will not give up that easy and will prevent the bears from breaking the $ 232 support, if the bullish momentum dominates we will most likely see BCASH at the price of $ 277 in the coming days.
Conversely if the bearish momentum dominates and manages to penetrate the $ 232 support level, the price could drop as high as $ 200
If the cryptocurrency ranked fifth on CoinMarketCap rejects the moving averages, it is likely to drop to $ 218. If such support breaks, the decline may extend to the critical support of $ 200, a break below this level could start a new downtrend.
BCH/ETH (BITCOIN CASH)
At the time of writing this, the value of BCASH against ETHEREUM is 1.020000 eth, the price has recovered after the price fell to 0.878021 eth on May 21 levels that we did not see since January AND February 2019. However bearish momentum dominates and BCH / ETH value continues to decline.
The price is among the moving averages but the 60-day DEMA continues to dominate above THEME 20.
If the bulls manage to dominate the price is likely to rise to the resistance of 1.225644 eth
If the bears continue their dominance the price is more likely to drop to 0.864500 eth
In a recent interview with Timothy Maxwell Keizer (Max Keizer) he recently said that basic consumer protection is appropriate in the case of Bitcoin Cash fraud. Can you give more details about this?
Max Keizer - None of the hard forks and none of the altcoins will attract enough energy to survive. BTC is an all-game winner and Bitcoin is not just hungry for altcoins energy, but also for fiat money and the energy of its sponsoring nation-states.
Bitcoin is an indestructible Godzilla with an insatiable appetite for the energy that is transforming the world and everything that lives. Regulators must warn people about failed projects like BCH, but the most likely scenario is that both BCH and regulators will go bust due to Bitcoin evisceration.
TRX / BTC (TRON)
The TRX price has found a break at the support level of 0.00000167 sat, as of this writing the TRON value is 0.00000171 sat.
* The main trend is bearish
* Secondary trend is bullish (reversal of bearish trend)
* The price is in a kind of laterality between the two moving averages
* On May 31, THEME 20 crossed above DEMA 60 but it was not enough since today, June 21, the moving averages seem to meet again.
* MACD indicates bearish continuity
If the bulls manage to overcome the resistance of 0.00000173 sat it is likely that the price will reach 0.00000180 sat and continue until 0.00000187 sat
If the bears continue to dominate, it is very likely that the price will break the support, lowering the price to 0.00000167 sat, continuing the downward trend.
recent news:
TRON's Doubtful Past "Is Tron a Scam?".
The latest Flipside Crypto report begins by repeating the story of Tron's committed origins, from the allegedly plagiarized white paper to the promise of the $ 20 million gift that was never kept. However, the report comes to an unexpected conclusion:
"It turns out that looking at the active supply of TRX in the last 30 days reveals a very healthy and active ecosystem."
Summarizing their findings, the researchers claim that Tron is "more real" than 90% of the blockchain projects they have examined:
"But what if that's just the intellectual snobbery in space that focuses too much on Twitter trolls, and not enough on TRON's successful business model? The facts are there to show that TRON is a business. real. Probably more real than even 90% of the blockchains we've seen. "
The positive conclusion of the report is unlikely to convince all non-believers, but perhaps this is a case where unanimous consensus is not necessary.
A healthy flow
The report notes that users are staking, both whales and regular users are using decentralized apps, TRX is traded on decentralized exchanges, and both node operators and voters are rewarded. Finally, perhaps, the most important conclusion is that the TRX supply is not concentrated between some large wallets, but is evenly distributed.
The China Industrial Information and Development Center, or CCID, released on June 18 its eighteenth CCID Global Public Chains Technology Assessment Index. This index ranked 37 globally known cryptocurrencies using technical specifications.
According to the list published by local media Chainnews, Bitcoin (BTC) was placed in the twelfth position with 106.2 points.
The criteria used to perform the evaluation of cryptocurrencies include: Basic technology, applicability, characteristics, performance, security, creativity and decentralization.
At the top of the list is EOS, which continues to lead the ranking with 156.1 points, followed by TRON with 138.43 points and Ethereum (ETH) with 136.4 points.
Tron leads the ranking despite his tense relationship with the Chinese authorities.
A report released by blockchain investment firm and IA Outlier Ventures, has found a decline in developer activity by an average of close to 20% in 12 leading blockchain and crypto projects.
In the Outlier Ventures Blockchain Development Report for the second quarter of 2020, the company notes that development halved for the major Bitcoin Cash (BCH), Eos (EOS), and Tron (TRX) markets. Despite the retraction in construction, the firm notes that there are some signs of strong development activity around various crypto projects.
Major crypto projects show declines in development
Eos had the fastest drop in development, with the launch of the project's mainnet in June, precipitating an 86% drop in construction underway.
Bitcoin Cash posted the second-biggest decline in activity, with a 63% drop in development. Outlier Ventures attributes much of the fall to the Bitcoin SV (BSV) fork that took place in November 2018.
Tron also showed a sharp decline in development, with a 53% drop in activity.
The report also measured the number of weekly commits and code updates for the top 30 open source protocols by market cap.
Weekly code updates for Eos, Tron, and MakerDAO (MKR) featured huge update declines of 94%, 96%, and 98% respectively, with VeChain (VET), Stellar, BSV, Neo (NEO), Crypto.com (CRO ), Cosmos, IOTA (MIOTA) and Polkadot also registering decreases in general.
However, over 50% of the projects reviewed experienced a significant increase in code updates, including Ethereum Classic (ETC), Chainlink (LINK), and Bitcoin.
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