The #1 CRYPTO TRADING MAGAZINE 179TH EDITION IS OUT NOW

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CRYPTONAIRE WEEKLY MAGAZINE 179TH EDITION IS OUT NOW



The #1 CRYPTO TRADING MAGAZINE

WEEKLY TOP TRADES, TOP PROJECTS AND MARKET UPDATES
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The crypto markets had a roller coaster ride last week as the price plunged to a low of £33,705.58 on April 25 but came roaring back on April 26 with a near 10% rally. Several factors played their part in dampening the sentiment last week.

During Bitcoin’s rally to the new all-time high of £47,240.05, traders had become complacent and had used excess leverage as seen from the record crypto futures liquidation on April 18. Additionally, the short-term traders who may have purchased in the run-up to the Coinbase Nasdaq listing may have booked profits.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE HOW JUNCA SUPPORTS INTERNATIONAL MONEY TRANSFER FOR OFWS IN THE PHILIPPINES?, A TOP PRIVACY COIN – STEALTH THE FASTEST PRIVATE DIGITAL CURRENCY & HOW IS DEFIBIDS A ROBUST SOLUTION FOR AUCTIONING CRYPTOS AND DEFI?

Bitcoin slipped and closed below the £36,777 support on April 24 but the bears could not extend the decline to £31,005. The price reversed direction from £33,705.58on April 25 and soared back above £36,777 on April 26. After the initial bounce, the bulls are unlikely to have an easy path higher. The bearish crossover on the moving averages and the RSI still in the negative territory suggests the bears have the upper hand.

The relief rally is likely to face stiff resistance at the moving averages. If the price turns down from the 20-day EMA, it will suggest that traders are liquidating their positions at higher levels.

That could pull the price down to the critical support at £36,777. If this support cracks, the risk of a decline to £31,005 increases. The deeper the decline, the longer it will take for the BTC/GBP pair to stage a recovery and challenge the all-time high.

This negative view will invalidate if the pair climbs above the moving averages. Such a move could open the doors for a retest of the £44,238 to £47,240.05 overhead resistance zone.

Lastly please check out the advancements happening in the cryptocurrency world.

Featuring in this weeks Edition:

- Junca Global

- DeFi Bids

- BitcoinVend

- Stealth

- Cberry

- QoinIQ

- Aubit

- Atani


Read More
CRYPTO TRADE OPPORTUNITIES

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Binance To List Microsoft (MSFT), Apple (AAPL), MicroStrategy (MSTR) as Tokenized Stocks

HOW JUNCA SUPPORTS INTERNATIONAL MONEY TRANSFER FOR OFWS IN THE PHILIPPINES?

A TOP PRIVACY COIN – STEALTH THE FASTEST PRIVATE DIGITAL CURRENCY

HOW IS DEFIBIDS A ROBUST SOLUTION FOR AUCTIONING CRYPTOS AND DEFI?

#CryptonaireWeekly #platinumcryptoacademy #Binance #Bitcoin #Ethereum #Ripple #Litecoin #STATERA #CBerry #CBerrytoken #Ecosystem #DeFiSwap #ATANI #DayTrading #BTC #digitalcurrency #AuBit #aubitnetwork #fwt #Freewaytoken #QoinIQ #QoinSuit #digitalcurrencymarket #ATANI #DayTrading #Cryptocurrencyexchanges #digitalexchange

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Cryptonaire Weekly Magazine Edition 179

WEEKLY CRYPTOCURRENCY MARKET ANALYSIS TOP 10 COINS Top 10 Coins by Total Market Capitalisation Top 10 Coins by Percentage Gain (Past 7 Days) Top 10 Coins added to Exchanges with the Highest Market Capitalisation (Past 30 Days) CRYPTO TRADE OPPORTUNITIES PRESS RELEASE CBERRY, CRYPTOS FIRST...

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179th Latest Crypto News Digital Magazine | 27th April 2021 - Platinum Crypto Academy

www.platinumcryptoacademy.com

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