Tech Still Bid, Bitcoin Ready - Mine Digital
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Tech Still Bid, Bitcoin Ready

July 12, 2020 • 
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Morning Traders,

With the exception of Bitcoin which continues to stick to its range, digital assets have been relatively strong over the weekend although quieter in the last 24 hours.

An almost 20% higher Chainlink is suggesting some type of news is imminent for the asset and Reserve Rights is at a critical time in a parabolic move.

With significant bids in technology stocks as well the last couple of weeks, it will be an interesting week coming up in digital assets.

Bitcoin

Many traders are still on the sidelines with Bitcoin, which is most of the way through a kind of rounding bottom technically. A move back into its ascending triangle ~ $ 9,700+ would see the asset marked as bullish. The volume in the combined order-book sees the range as $6000 – $12,000 with very little about $12k.

Bitcoin last traded at $ 9,287

24 hr high: $ 9,347

24 hr low: $ 9,153

Bitcoin USD Chart

Ethereum

Ethereum is chomping at the bit to go on its own bull-run, trading underneath its long-term downtrend but showing signs of the potential for strong out-performance if Bitcoin breaks higher.

Eth last traded at $240.52

24 hr high: $ 244.08

24 hr low: $ 236.45

Ethereum USD Chart

Digital Assets

  • Aave: $ 0.225
  • Algorand: $ 0.274
  • Cardano: $ 0.124
  • Chainlink: $ 7.18
  • Compound: $ 175.52
  • Maker: $ 460.88
  • Ren: $ 0.1927
  • Reserve Rights: $ 0.00875
  • Stellar: $ 0.0929
  • Synthetix: $ 2.77
  • Tezos: $ 2.74
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