Nem/USD Trading forecasts and signals

Bitcoin (BTC) reached the resistance area of 40,550, but could not break through.Ethereum (ETH) broke through the descending resistance line after creating a double bottom model .XRP (XRP) and ICON (ICX)also created double-bottom models, but were unable to start moving up.Monero (XMR) broke through the descending resistance line after deflecting below the horizontal support area of $192.Kava.io (KAVA) is trying to break through the resistance area of $5.17NEM (XEM) created a higher minimum and regained the horizontal support area of 0.135.BTCOn July 26, BTC rose significantly, reaching a high of $40,581 near the highs of the range.However, higher prices could not be supported, and BTC formed a long upper wick (red icon) and declined.It is currently trading around $37,400.Technical indicators on the daily timeframe are gradually becoming bullish. The RSI is above 50, the stochastic oscillator has made a bullish intersection, and the MACD is growing and has almost moved into positive territory.ETHOn June 26 and July 20, ETH reached a double bottom inside the horizontal support area of $1,760. This bullish pattern was also combined with bullish divergences on the MACD, RSI and stochastic oscillator indicators.After that, ETH managed to grow and break through the descending resistance line. He is currently trying to test the line as a support.If successful, the next nearest resistance area will be found around $2,850.XRPSimilar to ETH, XRP also created a double bottom model on June 22 and July 20. In addition to this, this pattern was combined with bullish divergences in the MACD, RSI and stochastic oscillators.However, XRP has not yet made a significant upward movement, although it has broken through the descending resistance line.The nearest resistance area is at $0.80. This is the resistance level of the Fibonacci retracement of 0.382.XMRXMR has been declining under the descending resistance line since May 18. Throughout the entire downward movement, it repeatedly bounced off the horizontal support area of $192.This seems to have created a descending triangle, which is usually considered a bearish pattern.However, after a deviation below the horizontal support, XMR managed to break through.It has been rejected by the $225 horizontal resistance area and is currently trying to find support. The next resistance level is at $285.KAVAKAVA has been moving up since May 17 and has so far reached two higher lows. On July 23, it broke through the descending resistance line, which had been maintained since the April highs.It is currently trying to overcome the $5.17 resistance. This is both the horizontal resistance area and the resistance level of the 0.5 Fibonacci correction.If it succeeds, it will probably rise to the next resistance at $6.95.ICXThe ICX has been following the descending resistance line since May 20. On June 22 and July 20, it reached lows around $0.63, creating a double-bottom model.Although it has been growing since then, the ICX has not yet broken through the aforementioned descending resistance line.This will most likely lead the ICX to the resistance area at $1.05. This is both the resistance level of the Fibonacci correction 0.5, and the horizontal resistance area.NEMNEM has been moving up since June 22. On July 14 and 20, it created higher lows, thereby confirming the ascending support line.However, he created a short-term double-top model, which is combined with bearish divergences on the RSI and MACD. Therefore, another re-test of the ascending support line may occur.The next resistance target is at the level of ...

Regulated Crypto Exchange of Tokenized Assets and Cryptocurrencies Currency.com expanded the list of tokens for trading. The listing of the crypto platform included 17 tokens of popular DeFi and ICO projects, as well as two stablecoins. Crypto exchange clients currency.com the following tokens are now available for purchase:Stablecoins USDC-USD CoinThe DAI stablecoin is a token of the MakerDAO decentralized autonomous organization.SUSHI-token of the decentralized crypto exchange SushiSwap OMG-token of the OMG Network financial service.BAT-token of the Brave decentralized browser.ZRX is a token of the 0x decentralized exchange service.KNC is a token of the Kyber Network decentralized service.MATIC is a token of the Matic Network platform.WBTC-tokenized bitcoin.AAVE is a token of the Aave decentralized lending protocol.Augur is a token of the Augur decentralized prediction protocol.SNX is a token of the decentralized protocol for creating and exchanging synthetic assets of Synthetix.YFI-token of the decentralized farming service Yearn. Finance.UMA is a token of a decentralized protocol for creating synthetic assets based on the Ethereum UMA blockchain.REN is a token of the Republic Protocol decentralized Dark Pool protocol.OCEAN is a token of the decentralized Ocean Protocol data protocol.BAND-token of the decentralized oracle service Band Protocol.BNT is a token of the Bancor decentralized network for converting ERC-20 tokens.ANT-token is an operating system for Aragon business management.Tokens are available for purchase in the "Bidding" mode with tokens USD.cx and USDT.  Tokens USDC, OMG, BAT, ZRX, and MATIC are available for trading with c tokens USD.cx and USDT.Tokens DAI, SUSHI, KNC, WBTC, Augur are available for trading with the USDT.Tokens AAVE, SNX, YFI, UMA, REN, OCEAN, BAND, BNT, ANT. About Currency.com On the crypto exchange Currency.com more than 2000 tokenized assets are available for trading, including tokenized ones: stocks, ETFs, stock indexes, currencies, bonds, commodities, as well as top cryptocurrencies. You can buy, store and sell tokenized assets and cryptocurrencies, as well as use the “Leverage Trading” mode, which, depending on the type of asset, varies from 2x to 100x. You can add tokens to your account (account) on the crypto exchange with the help of Belarusian and Russian rubles, euros, dollars and cryptocurrencies.Crypto Exchange Activity Currency.com It is regulated by the Decree of the President of the Republic of Belarus No. 8 "On the Development of the Digital Economy", the legislation of the Republic of Belarus and the acts of the Supervisory Board of the Hi-Tech Park of the Republic of Belarus.. Currency Com Limited has a DLT license from the financial regulator of Gibraltar, and is also registered with FinCEN (USA) and FINTRAC ...

Intertrust conducted a survey of 100 large hedge funds. Its results showed that almost all funds plan to significantly increase their investments in cryptocurrencies within 5 years. Their share in the investment portfolios of hedge funds can reach an average of 7.2%. This means that the total amount of investments in cryptocurrencies can reach $312 billion. At the same time, every sixth respondent said that the share of cryptocurrencies in the portfolio of his fund will exceed 10%. A representative of Intertrust said that, as it turned out, the funds that took part in the survey are well aware of both the risks associated with the cryptocurrency market and its great opportunities in the long term. The greatest interest in cryptocurrencies is shown by hedge funds from the United States. At the same time, European funds were more cautious about the prospects for this investment direction. Experts believe that the plans of hedge funds to invest in Bitcoin will not allow the exchange rate of this cryptocurrency to fall below the level of ...

The US Federal Reserve is once again drawing attention to the risk that cryptocurrencies pose to financial stability. This was stated by its chairman Jerome Powell, pointing to the need to strengthen the regulation of cryptocurrencies. As reported by Reuters, this opinion was joined by the US Treasury Department, pointing out that the concern is the lack of regulation of the digital currency sector, and this can be used by rich people to avoid paying taxes. The Ministry considers it necessary to ensure that the authorities receive information about large transfers of crypto assets. The Reuters report notes that following the information from the Chinese authorities about the introduction of new restrictions in the cryptocurrency sector, a sharp drop in bitcoin followed. The first cryptocurrency lost 30% of its value on May 19. Speaking about the achievements in the field of financial technologies and their potential benefits, Powell also drew attention to the potential risks that cryptocurrencies, stablecoins and other innovations can carry for users and the financial ...

Bloomberg news agency has learned that the United States has begun checking the largest cryptocurrency exchange Binance. It is carried out jointly by two regulators: the Ministry of Justice and the tax Administration of the country. Currently, the exchange has not yet received any specific charges and claims. Nevertheless, the very fact of the beginning of the verification had a negative impact on the mood of participants in the cryptocurrency market. After the corresponding message appeared, the Binance Coin token fell in price by almost 9%. A representative of Binance told the press that the exchange always cooperates with all regulatory organizations and takes issues related to compliance with legal requirements seriously. In March of this year, the work of the exchange was checked by another regulator – the CFTC (Commission for Futures Trading). Then she was interested in the issue related to the admission of residents of the United States to trade cryptocurrency derivatives in the absence of the necessary license for ...