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

Ethereum, Monero, Uniswap Price Analysis: 20 July

by Miki 07/20/2021
by Miki 07/20/2021 0 comment

Ethereum tested a new low this month as it prepared to move past its crucial support level of $1744. This also meant it could see a price reversal after hitting a new low this month.

As Bitcoin tanked by 5.4% over the last 24 hours, the altcoin market struggled to move out of the bearish zone. Monero’s charts flashed shorting opportunities along with further chances of price fluctuations while on the contrary, Uniswap noted some buy signals of its own.

Ethereum [ETH]

Ethereum, Monero and Uniswap Price Analysis: July 20

ETH/USD, TradingView

Ethereum has been on a free-fall lately as it followed Bitcoin’s lead into a steady downtrend. The altcoin can possibly face a reversal given how low the price has fallen, however. In fact, at press time, it had fallen past its support level of $1744.

Chances of a reversal would find concrete footing only with a hike in buying pressure. If the alt’s price does rise from hereon, ETH would encounter resistance at $2035. 

The decline in prices has made it difficult for ETH holders to hold on to the asset. The Relative Strength Index emanated strong sell signals because the coin depicted that it had briefly touched the oversold zone in the early hours of 20 July. At press time, the indicator was flashing a downtick, one implying a small drop in buying pressure again. Ethereum’s market weakness was validated by the Average Directional Index as it hovered right above the 20-mark. 

The Bollinger Bands pointed towards a period of high volatility as the bands opened up, at the time of writing. 

Monero [XMR]

Ethereum, Monero and Uniswap Price Analysis: July 20

XMR/USD, TradingView

For most altcoins, the price movement had broken off the consolidated phase to trade at their lowest this month. At the time of writing, XMR was priced at $181.97, down by 7.8% over the last 24 hours. Monero’s weekly decline of 11.3% pushed its market capitalization by 7.94%. XMR breached its support level of $192 just 24 hours back and was trading in the red at the time of writing. Conversely, the trading volume of XMR increased by 52%. 

The Chaikin Money Flow noted an increase in capital inflows on 20 July, and this could be substantiated with the idea that XMR’s fall in price encouraged buyers into the market or the possibility of a price reversal. The Squeeze Momentum Indicator signified a squeeze release along with a shorting opportunity for traders. 

The Bollinger Bands pictured a divergence at press time, one indicating that the alt’s price could fluctuate over the next few trading sessions. 

Uniswap [UNI]

Ethereum, Monero and Uniswap Price Analysis: July 20

UNI/USD, TradingView

UNI’s price, at the time of writing, was $14.60, a level which also acted as its crucial support level. A slight dip in price would mean that the altcoin would trade below its vital support level. In case of further depreciation, the support level to watch out for would be $13.82. UNI lost 24% of its valuation over the last week and since yesterday, had fallen by 9.7%. 

Bearish pressure in the market was on the rise as the red signal bars on the Awesome Oscillator seemed to gain strength at the time of writing. A bearish crossover was visible on the MACD, a finding underlining the market’s bearishness.

The Chaikin Money Flow indicated that UNI gave off a buy signal. In light of the fall in price, this could be suggestive of an entry point for buyers in the market.

Source link

Views: 0
AnalysisEthereumJulyMoneropriceUniswap
Share
0
FacebookTwitterPinterestEmail
previous post
CEO of the $2.6 Trillion AUM Company UBS, calls crypto an ‘untested asset category’
next post
Doge, XRP, ADA take price hit while Bitcoin technicals show lack of buyer interest

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

  • Bitcoin Holds Support, Indicators Suggest Fresh Increase to $52K

  • Large transfers of Ethereum cause unease as market watchers anticipate selloff

  • Ethereum Breaks Key Hurdle, Why There Could Be a Strong Rally

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)
  • Ripple (149)
  • 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)$30,467.002.81%
  • ethereumEthereum(ETH)$2,080.142.83%
  • tetherTether(USDT)$1.000.12%
  • usd-coinUSD Coin(USDC)$1.000.11%
  • binancecoinBNB(BNB)$303.174.09%
  • rippleXRP(XRP)$0.4309732.26%
  • cardanoCardano(ADA)$0.5810.16%
  • SolanaSolana(SOL)$56.0911.00%
  • Binance USDBinance USD(BUSD)$1.000.05%
  • polkadotPolkadot(DOT)$11.433.49%
  • dogecoinDogecoin(DOGE)$0.0909314.00%
  • AvalancheAvalanche(AVAX)$34.425.80%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$30,479.002.87%
  • Lido Staked EtherLido Staked Ether(STETH)$2,043.023.31%
  • tronTRON(TRX)$0.0707931.01%
  • Shiba InuShiba Inu(SHIB)$0.0000134.35%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • daiDai(DAI)$1.00-0.05%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • CronosCronos(CRO)$0.1949075.43%
  • matic-networkPolygon(MATIC)$0.716.19%
  • litecoinLitecoin(LTC)$68.311.07%
  • NEAR ProtocolNEAR Protocol(NEAR)$7.005.61%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.95-0.02%
  • FTX TokenFTX Token(FTT)$31.862.28%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$204.10-1.88%
  • RareRare(RARE)$0.0461220.00%
  • cosmosCosmos Hub(ATOM)$12.1615.05%