DAILY CRYPTOCURRENCY NEWS

Good News for XRP

Jed McCaleb, a former co-founder and former technical officer of Ripple, seems to have sold almost all the XRP he owns. The former partner decided to sell his 9 billion XRP after leaving Ripple. Jed McCaleb, who is known to have only a few months left in his hand to sell, made investors very happy that he had only $ 17 XRP in his wallet.

Crypto Asset Assessment from the Reserve Bank of Australia

Previously known as crypto asset friendly with suggestions such as the adoption and advancement of crypto assets, the Governor of the Reserve Bank of Australia Philip Lowe spoke about stablecoins and how DeFi affects global financial systems at the G20 meeting. Lowe emphasized that he supports crypto technology development in the private sector. He also said that with strong regulations to be implemented, the risk of crypto assets can be minimized. The fact that one of the G20 countries shows a crypto-friendly approach is considered as a very positive development for the market.

Ban on Payment with Crypto Assets from Russia 

As it is known, Vladimir Putin recently approved the law banning payments with crypto and digital assets. In Russia, which has voted for the use of crypto assets in recent months in cases such as foreign payments and seems to be crypto-friendly, the dispute between the Central Bank and the Ministry of Economy continues. According to the statement made by crypto experts and blogs in Russia, this law will have almost no effect on the market due to the fact that payments with crypto assets in Russia are quite low.

Positive Crypto Assessment from Hong Kong Central Bank

The big decline in the crypto asset market has brought with it many speculations such as bankruptcies, scams, etc. This has led to an increase in the negative discourse of countries that are not warm to the crypto asset industry. However, HKMA CEO Eddie Yue, known as the Central Bank of Hong Kong, made important and positive statements about crypto assets. He stated that crypto assets will play a very important role in the financial order of the future, but regulation is essential to prevent events such as the Terra incident and that the HKMA is crypto-friendly.

Interesting Claim from Celsius' Lawyers About Users

An important claim has been made by the lawyers of the crypto asset borrowing company Celsius, which announced its bankruptcy. The lawyers stated that the coins in the Earn and Borrow account of the client assets allegedly used by Celsius are available to the company and can be used as he wishes. This issue is widely discussed on Twitter and other social media platforms and it seems that it will continue to be discussed until an official decision is made.

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 375752.27 TRY

With the development in Ethereum, the rise of the market created a tidal but strong pricing in Bitcoin between the level of $ 21,500-22,500. Although the negative closing of the US stock markets yesterday caused a small decline in the evening hours, it tested the $ 23,000 levels during the night hours and then returned to $ 22,000 levels.

Bitcoin is pricing in at $21,870 today, down 2.51% in the morning. When we look at the 4-hour chart, Bitcoin, which has been in the same channel since the beginning of June, managed to break the channel upwards yesterday, but then returned to the channel again. Although it repeatedly tested the upper band of $22,200 throughout the day yesterday, it failed to stay above and returned to the channel.

RESISTANCES 22.757 / 23.511 / 24.536
SUPPORTS 20.978 / 19.953 / 19.199

BITCOIN [BTC] 375752.27 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 25413.18 TRY

Ethereum, which has fallen to $ 1000 levels with a very weak pricing since mid-May, continues to experience positive developments related to the expected merge. With the Gray Glacier upgrade following the successful conclusion of the trials on the testnets for Merge, the merge date was evaluated as positive, even if it was postponed. Last week, the September 19 date was talked about by Ethereum developers, which pushed the price up by 30%. The fact that Ethereum will restrict supply and reduce energy consumption by almost 99% increases the importance of merge. Most investors also think that Ethereum will differ from Bitcoin in price and will be quite valuable. Giving a clear date in such an environment has brought about a significant rise, especially in Ethereum.

Today, ETH, which lost 3.91% of its value in the morning hours, is priced at $ 1519. Ethereum, which has broken up the $1280 resistance channel it is in, continues its upward movement. Although we do not know how much the mergal development will carry the price up, we have said that the primary target will be the resistance of $ 1700 with a 30% increase with the channel breakdown. If the $1700 level breaks upwards, different things can be started to talk.

RESISTANCES 1545 / 1621 / 1735
SUPPORTS 1163 / 1240 / 1354

ETHEREUM [ETH] 25413.18 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 323.54 TRY

AVAX, which has lost 1.59% of its value as of the morning hours, is priced at $ 23.54. AVAX has become one of the most rising coins with the rise in Ethereum. AVAX, which managed to break the very critical $ 22 level upwards after 20, now has a very positive buying power. We can say that the next critical level for AVAX, which managed to climb to $ 25 yesterday, will be $ 25.40.
 

RESISTANCES 25,04 / 26,57 / 28,80
SUPPORTS 17,52 / 19,05 / 21,28

AVALANCHE [AVAX] 323.54 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 9.19 TRY

XRP, which gained 4.78% in the morning hours, is priced at $ 0.3595. Ripple is one of the coins that has broken the channel with the rise in the market. For Ripple, which is currently trying to break the upper band upwards again, if this is broken down and confirmed, the next target will be the $0.3735 level. For Ripple, which has been below this level for about 40 days, the next breakdown may lead the price to go to 0.40 levels. Ripple has surpassed BUSD in terms of market value with its increase in recent days.

RESISTANCES 0,3732 / 0,3853 / 0,4010
SUPPORTS 0,3176 / 0,3297 / 0,3454

RIPPLE [XRP] 9.19 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 1011.04 TRY

LTC is trading at $56.89, up 2.92% as of morning hours. LTC, which is in an upward trend as well as the channel it is in, tests its support to the downside, but it manages to stay at the top and continues its upward movement. We can say that the price target is the $ 61 level and first of all, it is a sales zone that does not seem very big at the $ 59 level.

RESISTANCES 59,42 / 60,90 / 63,27
SUPPORTS 51,72 / 53,20 / 55,57

LITECOIN [LTC] 1011.04 TRY +7.00 +0.03 VOL 21 LTC

LINK is down 1.96% at $6,898 today. LINK was moving 2 different channels. Link, which breaks the channel it is in for 4 hours upwards, continues to rise towards the upper band of the major channel. The channel upper ban of 7.42 was last raised before the big sale on June 12. The reaction of LINK, which has currently made a double peak in the small channel upper band for half an hour, will be quite decisive if it returns to the channel upper band.

RESISTANCES 07,18 / 07,48 / 07,90
SUPPORTS 05,73 / 06,03 / 06,46

BASIC ATTENTION TOKEN [BAT] 5.71 TRY

BAT is trading at $0.4266, up 2.97% as of morning hours. BAT continues to price positively in falling markets. While there is a general decline in the market after the overnight spike, we see that BAT is again decoupled and rose close to 3%. After managing to break the 0.42 level during the overnight hours, BAT moved towards the upper band of 0.4430 again, but could not stay above this level in recent weeks.
 

RESISTANCES 0,4224 / 0,4353 / 0,4553
SUPPORTS 0,3566 / 0,3695 / 0,3895

BASIC ATTENTION TOKEN [BAT] 5.71 TRY +7.00 +0.03 VOL 21 BAT

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