Crypto currency We left behind an exciting bear for investors and August started with a decline. Although not surprising, investors suffered serious losses in the decline. For now, BTC has returned to the threshold of 115 thousand dollars, and the Altcoins are trying to gather power for a bigger rise this time.
Crypto coins for August
August began full of macroeconomic data. US Tariffs It was commissioned and crypto currency investors saw the first strong shock. Although it is unclear whether this will continue, volatility may be a little more in favor of the bulls until new data arrive. August performance will be shaped as it starts to see the effects of tariffs on inflation.
Increasing expectations of ETF approvals, growing crypto currency treasures, increasing institutional demand, good developments in the regulation point, and more help to balance bad news.
In the coming days, we will see what the US-Russian tension has turned into, and the markets will pricit it.
Solana (left)
Mobility is increasing with the positive start of the US markets to the new August week. Left coin $ 168 is about to get back. The XRP coin is moved to 6 %and tries to earn $ 3.1 support. BTC exceeded 115,200 dollars when the article was prepared. Scott Melker drew attention to the Golden Cross on the Solana (left) graph.
“I don’t like the Golden Cross as a signal… Unless it took place just above the price… And in this case the left reversed 50 and 200 MA as support (confirmed at today’s daily closing).”
If it is successful, the range of $ 188 and $ 203 can be recovered.
CARDANO (ADA) and PUMP COIN
Ali Martinez about 2 hours ago CARDANO $0.737714 (ISLAND) For the TD Sequental, he said that there may be a decrease due to the fact that he gave a sales signal in a 4 -hour graph. However, the rapid changes in the general market sensation can easily disseminate these signals.
PUMP TOKEN For a long time he had been making new bottoms, but Sherpa did not stop looking for an entry opportunity.
“Pump is a coin that you should just wait and do not do much. This is a tradition that requires patience. This is a feature that is in very few crypto currency investors. I will not be surprised if I sell it for something else.”
The estimated of the analyst will end the bottom consolidation with closing over $ 0.0032. If it succeeds PUMP PRICE It can reach the pre -sales price of $ 0.004.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.