The Ethereum price is seen climbing higher and settling above the main $460 barrier against the US Dollar. Recap table for crypto trend and momentum values for all the cryptocurrencies we cover. We divide crypto according to trend and momentum indicators, and evaluate them according to the technical setting for 1-day candles. Trend indicators we consider for cryptocurrencies are: Vortex, MAs Crossing, ADX, MACD, Hilbert TT, SAR, T3, APO, BOP. Momentum indicators we consider for cryptocurrencies are: Aaron Oscillator, Stochastic, Stochastic RSI, Williams %R, CMO, RSI, CCI. WAVES, LTC, LINK, TOMO, IOTX After nearly four days of anxiously awaiting the presidential election results, a wave of excitement and relief washed over the country when it was called that… Cryptocurrencies latest news and history organized by date that contains 1000000+ news archives. Click here to read what world was saying about cryptocurrencies.
ETH Price Prediction – November 7
The Ethereum price is seen climbing higher and settling above the main $460 barrier against the US Dollar.
Resistance levels: $500, $510, $520
Support levels: $420, $410, $400
ETH/USD had a significant boost yesterday and this allowed the coin to exceed the $450 level, this momentum extending considerably as crypto continues to climb higher today. The current performance of the coin indicates the addition of an upward movement since some weeks ago. It’s just a matter of time for this coin to reach a $500 level in the nearest term.
In the last few days, Ethereum has moved from $383 to $468 and towards the upper boundary of the channel at the time of writing. The on-going trend may move a little bit higher before the week runs out, and the coin may likely reach the nearest resistance at $480, but if the bulls put more effort, it could hit additional resistance levels at $500, $510, and $520 respectively.
In other words, a bearish drop may roll the market back below the initial support level of $435. Meanwhile, any further bearish movement may likely hit the critical supports at $420, $410, and $400. As the trading volume increases, the technical indicator RSI (14) is seen moving into the overbought region and this could still supply more bullish signals into the market.
When compares with Bitcoin, Ethereum is trading above the 9-day and 21-day moving averages. The price is changing hands at 2993 SAT as the technical indicator RSI (14) stays above the 45-level. However, the buyers are just coming into focus and any further bullish movement may continue to push the market price above the moving averages and towards the upper boundary of the channel.
Positively, the resistance levels to be reached are 3200 SAT and 3400 SAT. Conversely, a lower sustainable move may likely cancel the bullish pattern if the price drops below the 9-day MA and it could attract new sellers to the market with the next focus on supports at 2700 SAT and 2500 SAT.
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Trend and momentum November 7th top cryptos
In this post, we give a picture of the crypto trend and momentum setting for the cryptocurrencies that we usually cover in our Weekly Reports.
First, we provide a recap table for crypto trend and momentum values for all the cryptocurrencies we cover. We divide crypto according to trend and momentum indicators, and evaluate them according to the technical setting for 1-day candles. Trend indicators we consider for cryptocurrencies are: Vortex, MAs Crossing, ADX, MACD, Hilbert TT, SAR, T3, APO, BOP. Momentum indicators we consider for cryptocurrencies are: Aaron Oscillator, Stochastic, Stochastic RSI, Williams %R, CMO, RSI, CCI.
The following table depicts the general situation according to crypto trend and momentum indicators. Triangles’ dimension and color vary accordingly to the strength of the indication and its direction. We provide the 5 best and 5 worst coins for the 1-day candles setting, for a total of 10 coins.
In the following sections, we provide details about all the trend and momentum indicators for the five best and worst coins, then we plot them.
Below the indications of Vortex, MAs Crossing, ADX, MACD, Hilbert TT, SAR, T3, APO, BOP for top, and worst cryptocurrencies.
Here are the indications of Aaron Oscillator, Stochastic, Stochastic RSI, Williams %R, CMO, RSI, CCI for top and worst cryptocurrencies.
The tables above show the recap for crypto trend and momentum indicators according to 1 day candles. In the following section, we provide the graphs for each coin.
We found the best crypto trend and momentum setting in Iotex (IOTX), Chainlink (LINK), Waves (WAVES), Litecoin (LTC), Tomochain (TOMO). The graphs are below.
We found the worst crypto trend and momentum setting in Pundi X (NPXS), HyperCash (HC), Chiliz (CHZ), BitTorrent (BTT), Nano (NANO) whose graphs are below.
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The views expressed in this report reflect the analysts’ personal views about the cryptocurrencies subject of the report. These views may change without notice and are subject to market conditions. The report is prepared for information purposes only and by no means constitutes a solicitation to investment or disinvestment. All the data are taken from Binance on the 7th November 2020. USD and USDT are used interchangeably for illustration purposes. All the presented valuations, indicators, and analyses are subject to errors. The report is for personal use only and should not be republished or redistributed
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Madame Vice President-Elect, Kamala Harris, Makes History
After nearly four days of anxiously awaiting the presidential election results, a wave of excitement and relief washed over the country when it was called that President-Elect Joe Biden and Madame Vice President-Elect Kamala Harris defeated Trump. Saturday night following the results, Harris paid tribute to the women, particularly Black women, who crawled so she could run in her first speech addressing the nation.
In a country where white males have held the highest political seats for more than two centuries, Harris breaks multiple barriers for women everywhere. For black Americans everywhere, for biracial Americans everywhere, for children of immigrants everywhere, as the first black woman Vice President. The former California Senator represents America’s multiculturalism that has historically been absent from our governing administration.
“Tonight, I reflect on their struggle, their determination, and the strength of their vision to see what can be unburdened by what has been,” Harris said. She went on to say, “Joe had the audacity to break one of the most substantial barriers that exist in our country, and select a woman and his vice president.” As a nod to Obama’s speech in 2004 at the democratic national convention where he encouraged the nation to “in the face of difficulty; hope in the face of uncertainty, the audacity of hope.”
In a statement congratulating President-Elect Joe Biden and Vice-President Elect Kamala Harris, 44th president Barack Obama enforced how important it is for the American citizens to remain engaged. “It will be up to not just Joe and Kamala, but each of us, to do our part — to reach out beyond our comfort zone, to listen to others, to lower the temperature and find some common ground from which to move forward, all of us remembering that we are one nation, under God.”
We want to take this time to congratulate Madame Vice President-Elect Kamala Harris and thank all of you. For being engaged and staying engaged. For registering to vote and doing the due diligence to ensure that your vote counts. I leave you with these last words from Harris. “While I may be the first woman in this office, I will not be the last,”
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