DAILY CRYPTOCURRENCY NEWS

1 in 10 Irish Investors Hold Cryptocurrency

Ireland’s Competition and Consumer Protection Commission’s (CCPC) survey released that Irish investors are attracted to cryptocurrency and digital assets, which bring more profit than traditional investment.

Potential Real Estate Buyers to Pay with Bitcoin in Manhattan

Magnum Real Estate Group accepts Bitcoin (BTC) in selling Manhattan retail properties. According to the statement, the goal is to accept the virtual currency for the sale of three ground-level shops worth about $30 million, while in the future it may be possible to add other properties and locations.

Shark Tank Star Predicts Bitcoin ETFs Will Lead to Trillion Dollar Inflow

Speaking in an interview with CNBC, O’Leary has said the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin ETF could lead to “another trillion dollars” investment in Bitcoin. 

U.S. Officials Investigating for Potential Insider Trading and Market Manipulation at Binance

Bloomberg reported Friday addressing to relevant people U.S. officials stated the investigation whether Binance or its staff profited by taking advantage of its customers.

UK Customers on Paypal Can Now Buy and Sell Crypto

Global payment service PayPal announced that eligible customers in the United Kingdom are now able to buy and sell several different digital currencies.

Canadian Politician Prime Ministerial Candidate Maxime Bernier Supports Bitcoin

Maxime Bernier, founder of the right-wing People's Party (PPC), has said on Twitter to his 156,100 followers that he likes cryptocurrency because he is unhappy with the current central banking system.


California Becomes the Most Cryptocurrency-Ready State in the United States

According to a new industry study by Crypto Head, California has emerged as the most crypto-ready jurisdiction in the United States thanks to the proliferation of cryptocurrency ATMs and the growing interest in digital assets among the state's population.


20% of El Salvador Now Uses Bitcoin

It took 40 years for 30% of El Salvadorians to get a bank account, but just 10 days for about 20% of them to get a bitcoin account through downloading the Chivo wallet.


Paraguayan Presidential Candidate Makes Bitcoin Centerpiece of His Campaign

Paraguyan Congressman Carlitos Rejala has promised to enact a law which makes Bitcoin legal tender in Paraguay, after announcing that he will run for president in 2023.


Ripple Has No Plans to Settle with the SEC
Amid the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple’s legal team reportedly said that they have no plans to settle with the securities watchdog.
 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 359150.19 TRY

Bitcoin lost 3,4% value during morning hours; the current price is $45.595. In general, Bitcoin has a positive flow; however, that U.S. officials started an investigation against Binance about the insider trading and market manipulation, and at the same time Federal Open Market Committee (FOMC) will hold a meeting on 21-22 September; all these facts generate sales pressure on the market.


When we consider the BTC/USDT parity in technical terms, BTC, which closed above $46.648 in the last 5 days equivalent to the Fibo'78,60, could not hold above and during morning hours sharply went down. BTC breaks the prices down where 50 and 200-day moving averages are and gives a selling signal in the daily chart. It is critical that the BTC daily close occurs above $45,860, which coincides with the 200-day moving average. If BTC remains below, it can retreat to $42.000 price level.
 

RESISTANCES 47.746 / 49.692 / 51.002
SUPPORTS 44.490 / 43.180 / 41.234

BITCOIN [BTC] 359150.19 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24608.91 TRY

Ethereum lost 4,52% value during morning hours, and the current price is $3184,16. ETH, which seems strong on the fundamental and on-chain data side, is focused on the news flow coming from the Federal Open Market Committee (FOMC) on 21-22 September, as the market in general. ETH has a positive outlook in the long term.


When we consider the ETH/USDT parity in technical terms, ETH broke the support level at $3531 equivalent to Fibo'78.60 and the 20-day moving average downward, retreated to the 50-day moving average with this break. ETH broke the $3285 level down, which is equivalent to a 50-day moving average this morning and continues to give a selling signal in the daily chart, following the weekend. ETH finds support at $3140,92, equivalent to Fibo'6180. Therefore, a daily close above the 50-day moving average plays a vital role in the persistence of the rising trend.
 

RESISTANCES 3392 / 3574 / 3693
SUPPORTS 2792 / 2973 / 3092

ETHEREUM [ETH] 24608.91 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 318.52 TRY

AVAX lost 5,5% value during morning hours and the current price is $64,04. When we consider the AVAX/USDT parity in technical terms, AVAX has risen in the opposite of the drops on weekend, the new peak for AVAX is $76,27. When we consider the AVAX/USDT parity in the 4-hour chart, the selling signal is on from the MACD and there is also a double bottom pattern. If AVAX breaks the $62.24 level down, which coincides with the Fibo'23.60 zone, it can be retreated to the $57 level at the next support and double bottom.

RESISTANCES 74,42 / 82,04 / 87,80
SUPPORTS 47,66 / 55,28 / 61,04

AVALANCHE [AVAX] 318.52 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.78 TRY

Ripple lost 6,40% value during morning hours; the current price is $0.9833. According to the latest news, amid the ongoing lawsuit with the US Securities and Exchange Commission (SEC), Ripple's legal team reportedly said that they have no plans to settle with the securities watchdog.


When we consider the XRP/USDT parity in technical terms, XRP, which could not hold above the $1,0687 found at the 50-day moving average following the daily close on Friday, has broken the support zone at the $1,045-1,071 levels down. In the daily chart, stochastics continues the selling signal near the over-selling zone. XRP, found support at the $0.9654 level, which coincides with the Fibo'50 zone, may retreat towards its 200-day moving average ($0.9391) if this level breaks down.
 

RESISTANCES 1,0596 / 1,1287 / 1,1732
SUPPORTS 0,8324 / 0,9015 / 0,9460

RIPPLE [XRP] 8.78 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 988.82 TRY

LTC lost 5,90% value during morning hours; the current price is $166,5. When considering the LTC/USDT parity in technical terms, LTC sharply began to retreat below the 50-day moving average following this morning. In our opinion, if LTC holds the $170,9 above, which coincides with the Fibo'61,80 tranche, a rise can be seen. If LTC continues to retreat sharply, it can find support at $155,4.

RESISTANCES 178,59 / 189,13 / 196,70
SUPPORTS 142,37 / 152,91 / 160,48

LITECOIN [LTC] 988.82 TRY +7.00 +0.03 VOL 21 LTC

LINK lost 5,20% value during morning hours, and the current price is $25,81. When we consider the LINK/USDT parity in technical terms, LINK, which broke $29.33 down, which was a significant support level on Friday, closing the day below, also broke $27.16 found at the 50-day moving average this morning. We see that sales are intense throughout the market. We think LINK finds support near the $24,80 level when retreating. For continuation of the upward trend, it is essential to rise above the 50-and 200-day moving averages.

RESISTANCES 28,13 / 30,08 / 31,35
SUPPORTS 21,69 / 23,64 / 24,91

BASIC ATTENTION TOKEN [BAT] 5.61 TRY

BAT lost 5,94% value during morning hours, and the current price is $0,692. When considering the BAT/USDT parity in technical terms, BAT, which could not break its downward trend following September 9, retested its trend and 50-day moving average. We can see BAT retreats sharply after the resistance at those mentioned levels and has lost its support zone at $0,73, which matches Fibo'50 trance. If BAT continues to retreat, $0,665 is the next critical support zone.

RESISTANCES 0,7406 / 0,7815 / 0,8093
SUPPORTS 0,6032 / 0,6441 / 0,6719

BASIC ATTENTION TOKEN [BAT] 5.61 TRY +7.00 +0.03 VOL 21 BAT

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