The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Binance Coin, IOTA, Fantom Price Analysis: 16 October

by Miki 10/16/2021
by Miki 10/16/2021 0 comment

While Bitcoin has broken above $60,000 for the first time since April, the altcoin industry showed mixed trading sessions. Some coins such as MIOTA and FTM declined slightly, whereas BNB registered a modest increase on its charts.

Binance Coin (BNB)

Source: BNB/USD, TradingView

BNB moved up by 2.71% and was trading at $479, at the time of writing. The immediate resistance stood at $481 while the support was marked at $416. If the price rises from the current level and breaches above $518, it will signal that bulls have overtaken the market.

The Relative Strength Index was near the 60-mark, thus indicating that  buying strength existed in the market. If the RSI further moves up to reach 70-mark, a trend reversal, in that case, can’t be ruled out. MACD with its green signal bars approached a bullish crossover, however, it didn’t appear going towards the middle line. Awesome Oscillator highlighted green signal bars depicting that the current market isn’t really favorable for sellers.

IOTA

Source: IOTA/USD,TradingView

IOTA showed signs of consolidation on its four-hour chart and was trading sideways. It dropped by 2.02% to reach $1.29. Over the last week, the coin oscillated within the range of $1.17 to $1.51. If IOTA manages to break its lateral trading and move on the upside, the first resistance will be at $1.75 and then at $1.96. Trading above these levels could propel the price to reattempt testing the multi-month high of $2.

Technical pointed towards negative price action. RSI stood at a 40-mark indicating that it’s time for sellers to take advantage of the market. MACD showed red signal bars and approached a bearish crossover below the middle line. If it continues to go down, the buyers may face difficult days ahead. Awesome Oscillator verified the same. It flashed red signal bars implying negative price action. A macro view suggested the market for IOTA appeared bearish.

Fantom (FTM)

Source: FTM/USD,TradingView

Fantom was trading at $1.9 down by 3.3%, at press time. FTM’s price has been consolidating within a rather narrow range between $1.9 and $2.4 for quite some time. If the price of Fantom moves below $1.9, it will then march towards its support level at $1.3. As the price tries to gain momentum, the market for FTM appears to be in favor of sellers.

RSI is near a 40-mark eyeing retracement- a sign that selling pressure has been easing over the last few hours. MACD and Awesome Oscillator flashed red signal bars on its histogram, potential sell signal can be noticed here. Further, pointing that bearish movement in price is dominant.

Source link

Views: 8
AnalysisBinanceCoinFantomIOTAOctoberprice
Share
0
FacebookTwitterPinterestEmail
previous post
Over $5 Billion In BTC Paid In Top 10 Ransomware Variants, Says U.S. Treasury
next post
Vitalik Buterin doesn’t regret starting Ethereum as a PoW consensus

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Crypto Exchange FTX Now Allows Users to Mint NFTs

  • Top 5 Cryptocurrency To Buy For Weekend Rally July 2021 Week 4

  • Messari Wins the Heart of Steve Cohen as it Raised $21M From Investors

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Mining (0)
  • Ripple (149)
  • Uncategorized (0)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,749.001.50%
  • ethereumEthereum(ETH)$1,968.25-0.17%
  • tetherTether(USDT)$1.00-0.14%
  • binancecoinBNB(BNB)$331.933.06%
  • usd-coinUSD Coin(USDC)$1.00-0.04%
  • rippleXRP(XRP)$0.399798-1.39%
  • Binance USDBinance USD(BUSD)$1.00-0.12%
  • cardanoCardano(ADA)$0.520.35%
  • SolanaSolana(SOL)$48.94-0.95%
  • polkadotPolkadot(DOT)$10.092.40%
  • dogecoinDogecoin(DOGE)$0.083137-0.45%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,704.001.37%
  • Lido Staked EtherLido Staked Ether(STETH)$1,924.13-0.24%
  • AvalancheAvalanche(AVAX)$28.54-0.64%
  • tronTRON(TRX)$0.080841-0.85%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-0.47%
  • daiDai(DAI)$1.00-0.17%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$69.31-0.75%
  • CronosCronos(CRO)$0.1875960.67%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.880.20%
  • matic-networkPolygon(MATIC)$0.640.82%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.830.42%
  • HederaHedera(HBAR)$0.389473-3.44%
  • FTX TokenFTX Token(FTT)$29.600.02%
  • bitcoin-cashBitcoin Cash(BCH)$192.550.47%
  • RareRare(RARE)$0.0461220.00%
  • moneroMonero(XMR)$200.565.86%