Bitcoin In The Waiting Room – Low Volume, Neutral RSI, And A Dash Of Indecision
Bitcoin appears to be taking a breather, hovering just below key short-term moving averages and offering little in the way of strong directional cues. With price action caught in a narrow range and momentum indicators stuck in neutral, the market seems to be in observation mode. Volume has thinned out, signaling a lack of conviction […]
Related News
With the integration of DASH, Living Room of Satoshi now enables Australian users to pay their bills with the 7th largest cryptocurrency. Bitcoin is not the only cryptocurrency of importance anymore. The altcoin revolution that followed Bitcoin, thanks to the open source nature of Bitcoin code is slowly catching up with mainstream economy. Proving it is the recent development involving DASH — the 7th largest cryptocurrency in terms of market capitalization. According to reports, DASH can now be used by Australian residents to directly pay their utility bills. The latest option is made....
The 2015 Australian Startup of the Year Living Room of Satoshi is having another great year of “unprecedented growth”. Now the bill payment platform has announced Dash integration allowing users to pay rent, utilities, credit cards, and tax bills with the cryptocurrency. Living Room of Satoshi Integrates Dash. Brisbane-based Living Room of Satoshi is an....
Raoul Pal says two of crypto’s most-watched legacy altcoins—XRP and Dogecoin—are coiling for their next act. In a new X thread framed as “the Crypto Waiting Room,” the Real Vision and GMI co-founder argues that a broad swath of the market is consolidating before another leg higher, with capital already “full ported” into Ethereum and rotation risk building for assets lower down the stack. XRP And Dogecoin Are In The ‘Waiting Room’ “Let’s talk about the Crypto Waiting Room… many key parts of the crypto ecosystem are in the waiting room ready to launch,” Pal wrote, opening a....
Litecoin continues its tortures around $3.50, and can’t decide which direction to move in next. LTC:BTC tested the level of 0.008 and now tries to jump from this level. While Bitcoin decreases, Litecoin is counterbalancing at around $3.50. A one days growth of the DASH price by 20% came as a surprise, especially after yesterday's growth of more than for 12%. Having jumped from 0.0067 to 0.0087, DASH remains in first place when measured by trading volume, having left ETH far behind. It means that DASH has excellent prospects in the coming year. As a result, the chart of DASH for December....
Dash is slipping again after briefly maintaining a thin trading range. The cryptocurrency has already retested the previous low of 0.0135BTC and looks all set to challenge the April-low of 0.0131BTC. The market has shown no interest in Dash and consequently, the upward momentum has faded leading to a drop in cryptocurrency value. Each Dash is now worth 0.01365BTC, which is 2.5% down from yesterday's level of 0.014BTC. Technical analysis implemented on the 360-minute DRK/BTC price chart brings forth some very interesting trading information. Chart Structure - In a major dent to the bullish....