‘Astonishing’—An Investment Giant Just Advised Countries And Central Banks To Buy Bitcoin While The Price Is Low Forbes
source https://www.forbes.com/sites/billybambrough/2022/01/15/astonishing-an-investment-giant-just-advised-countries-and-central-banks-to-buy-bitcoin-while-the-price-is-low/
source https://www.smartmoneymanagement.space/2022/01/astonishingan-investment-giant-just.html
Saturday, January 22, 2022
NFT market booms while crypto market remains sluggish. Here's why - MarketWatch
XRPUSD Update
XRPUSD Update
XRP / US Dollar (calculated by TradingView) BINANCE:XRPUSD
The entire crypto market is taking a beating, led by Bitcoin ... Volatility and bloodbath are back, and in these times (which I'm sure is scary for some) it is best to zoom out to higher timeframes...
Looking at the weekly chart:
1. We've witnessed a low-volume sell-off - could point to capitulation from weak long hands, and that would largely support the Fear & Greed Index being in extreme fear over the past few weeks.
2. XRP is retesting the 100-day Moving Average, as it did back in November (and was rejected). Hopefully, this holds as key support once again.
3. Stoch RSI is deeply oversold, reversal may not be too far off.
My take (And don't take this as investment advice - please do your own research):
- Long term uptrend should remain intact - we just need a high volume pullback, to stabilise price and resume the accumulation phase
- While I look at this as a great buying opportunity, until we start seeing seller exhaustion I'll be sitting back and waiting for the right time to buy more. Don't want to be catching a falling knife
- Remaining calm is critical in these phases, and remember the drop has nothing to do with XRP fundamentals. These remain strong.
Stay safe trading!
from TradingView Ideas https://ift.tt/3IrCIg9
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source https://www.smartmoneymanagement.info/2022/01/xrpusd-update.html
Friday, January 21, 2022
Total Market Cap could fall to lower channel line
Total Market Cap could fall to lower channel line
Crypto Total Market Cap, $ (CALCULATED BY TRADINGVIEW) CRYPTOCAP:TOTAL
Price could fall to the lower dashed red channel line and possibly reverse and continue in the up channel .
If it fails to hold, price could fall down to last low pivot point .
from TradingView Ideas https://ift.tt/3fG4M37
via gqrds
source https://www.smartmoneymanagement.info/2022/01/total-market-cap-could-fall-to-lower.html
El Salvador Plans to Offer Crypto-Based Loans for SMEs - CoinDesk
Regulator expects China's forex market to be stable, balanced in 2022 - CGTN
Regulator expects China's forex market to be stable, balanced in 2022 CGTN
source https://news.cgtn.com/news/2022-01-21/Regulator-expects-China-s-forex-market-to-be-stable-balanced-in-2022-1705R5E13GM/index.html
source https://www.smartmoneymanagement.info/2022/01/regulator-expects-chinas-forex-market.html
source https://news.cgtn.com/news/2022-01-21/Regulator-expects-China-s-forex-market-to-be-stable-balanced-in-2022-1705R5E13GM/index.html
source https://www.smartmoneymanagement.info/2022/01/regulator-expects-chinas-forex-market.html
Thursday, January 20, 2022
Crypto Bros Spent $3 Million On What They Thought Was the Rights to 'Dune' - Esquire
Crypto Espresso: Your quick shot of the latest crypto moves and news - Stockhead
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