weekly

XRP Searches for Support After Rejection from Resistance

XRP (XRP) has been increasing since bouncing at the $0.62 long-term horizontal support area at the end of July.Sponsored Sponsored It was rejected by a descending resistance line on Aug 29 and is now attempting to find short-term support. XRP bounces at long-term support XRP has been moving upwards since bouncing at the $0.62 horizontal support area at the end of July. So far, it has managed to reach a high of $1.35 on Aug 15. The token has been moving downward since. Sponsored Sponsored Technical indicators are providing a mostly

Miami Startup BloomsyBox.com Ranks No. 704 on the Prestigious 2021 Inc. 5000 List

BloomsyBox “We are literally in the business of growing things from the ground up through seasonal flowers,” said BloomsyBox.com Founder, Juan Palacio MIAMI (PRWEB) August 28, 2021 Inc. magazine today revealed that Miami-based floral subscription brand, BloomsyBox.com, is no. 704 on the Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the first appearance on the Inc. 5000 for vertically integrated BloomsyBox.com and Founder Juan Palacio--an immigrant from Colombia--which experienced 698% growth in revenue over the last three years. Additionally, BloomsyBox.com came in at

Study Finds NFT Industry Shows Some Undesirable Signs

A new report finds activity in the NFT community is organic, though there are undesirable signs among investors. Sponsored Sponsored Recently, Nansen, a blockchain analytic platform released a report with new findings on the emerging non-fungible token space. According to the reports there is a large amount of healthy, “organic” growth in the NFT industry.  However, despite the good signs of progress, there were also some undesirable findings. According to the report, the NFT space “remains spotted by certain profit-seeking practices.” This determination comes from transaction patterns. Token founders might be

Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats

Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains.Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green.Time for another 5.5X BTC price surge?There is no shortage of bullish BTC price indicators this month, with everything from exchange balances to network fundamentals infirmly optimistic mode.MACD, which produced a rare crossover earlier in August, nonetheless adds the potential for upcoming gains to be an order of magnitude

Bitcoin (BTC) Rebounds, Aims to Reclaim $51,000

Bitcoin (BTC) continues its uptrend and reclaimed its 200-day moving average (MA) yesterday. If the trend continues, it could lead to the long-term resistance area at $51,000.Sponsored Sponsored Looking further out, a Wyckoff distribution pattern is possible, which would take BTC to the support area at $37,300. Bitcoin rebounds After printing a gravestone doji candlestick on Aug 18, BTC rose almost 5% to close at $46,765. On Aug 20, BTC continued on its upward trajectory and is attempting to break through the previous peak at $48,150 from Aug 14. Yesterday’s

What you need to know about Bitcoin’s revival rally

Even though an all-over bullish rally is still evident on the king coin’s one-day price chart, Bitcoin faced a major consolidation at the $47,250 level. The same raised concerns among investors about its rally. What Next At this point though, the good news is that Bitcoin is still rallying. But for BTC’s price to continue on this bullish path, it is imperative to assess circulating supply metrics to understand the future flow of the market.  Bitcoin has managed to climb above the $47K level after a short trip to the

Chainlink (LINK) Continues Rally After Reclaiming Long-Term Support

In the previous weeks, Chainlink (LINK) reversed its downtrend and reclaimed the long-term support area near $24.10. If the altcoin maintains its strong momentum, it could see a strong upward move in the second half of August.Sponsored Sponsored LINK long-term movement Chainlink recorded the all-time high at $53 on May 10, 2021. Almost on the same day, a deeper correction in the crypto market began. LINK in a two-week period lost 72% of its value, measured to a low of $15 on May 23. It later tested this support area

What are the odds of Dogecoin rallying to $1

Dogecoin’s price has significantly rallied by 21.21% over the past day. In fact, its weekly gains stood slightly lower (20.42%) than the daily gains at the time of writing. Amidst the recent price pump, the ‘DOGE to $1’ debate has resurfaced and the loyal community seems to be pretty excited at the moment. Are market participants buying? The buy-sell actions usually give an insight into whether or not a particular price trend can continue down the same path. Interestingly at the time of writing, the cumulative sell orders, by and large,

What Changed in Crypto Markets While You Were Sleeping — Aug 3

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.Sponsored Sponsored Bitcoin update On Aug 1, BTC reached a high of $41,599. This seemed to cause a breakout above the $40,550 resistance area, which had been in place since May 20.  However, the price has been decreasing since and has fallen all the way to $37,966. This rendered the previous breakout a deviation, with the $40,550 area now expected to act as resistance again.Sponsored Sponsored BTC has nearly reached

EOS Price Prediction 2021, 2025, 2030

What is EOS? EOS is one of the best-known cryptocurrencies today that allows building decentralized apps (DApps) in a simple and scalable way. EOS cryptocurrency was developed by a company called Block.one. Founded by software programmer Daniel Larimer and entrepreneur Brendan Blumer, who still hold the roles of CTO and CEO, the company began to work on the project in 2017. In June of 2018, the EOS officially went live after a year-long Initial Coin Offering (ICO). The ICO raised more than $4 billion, despite the prohibition to participate from