• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Stellar is recovering, Bitcoin Cash is back below $300.00

by August 6, 2024
written by August 6, 2024

Stellar is recovering, Bitcoin Cash is back below $300.00

A new low for the price of Stellar was formed yesterday at the 0.075736 level. 
The price of Bitcoin Cash fell again after a month below the $300.00 level.

Stellar chart analysis

A new low for the price of Stellar was formed yesterday at the 0.075736 level. With the price falling to this level, a new 12-month low was formed. After that, we were able to stabilize down there and initiate a recovery at the 0.088200 level this morning. There, we got the support of the EMA 50 moving average for further continuation on the bullish side. This led to the formation of a new weekly high at the 0.092000 level.

Investors can feel optimistic about Stellar’s potential recovery to higher levels. The 0.094000 and 0.96000 levels are within reach, with additional resistance at the 200 EMA at 0.094000. A bearish option would require negative consolidation and a pullback below the 0.088000 level, leading to a rise in bearish momentum. However, for now, the focus is on the potential higher targets of 0.084000 and 0.082000 levels.

 

Bitcoin Cash chart analysis

The price of Bitcoin Cash fell again after a month below the $300.00 level. We saw how a new low was formed yesterday at $273.33. After that, the price manages to stop further retreat. With two bullish impulses, we broke away from the support zone and started a recovery. This morning, a new high was formed at $330.00, and we were close to testing the weekly open price. For now, we encounter resistance there and make a pullback to the $315.00 level.

This is where the price of Bitcoin Cash could find new support to continue on the bullish side. Potential higher targets are the $340.00 and $360.00 levels. For a bearish option, we need negative consolidation, a drop below $300.00, and the daily open price. This confirms the return to the bearish page. Potential lower targets are the $280.00 and $260.00 levels.

 

The post Stellar is recovering, Bitcoin Cash is back below $300.00 appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Solana and Cardano: Solana manages to stop the retreat
next post
What is GARM? ‘Collusive’ ad group allegedly targeting conservatives faces grilling from top House committee

related articles

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Oil and natural gas: oil rose to the weekly open price

    July 26, 2024
  • Biden calls Speaker Johnson ‘dead on arrival’ in odd response to criticism of proposed radical SCOTUS changes

    July 30, 2024
  • TCO Meaning: Understanding the Full Cost of Ownership

    August 20, 2024
  • Biden’s past comments about MAGA Republicans come back to haunt him as White House spins ‘garbage’ remarks

    October 31, 2024
  • Some Juul users are receiving thousands of dollars as part of a $300M class action settlement

    October 22, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,735)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Republican Erik Olsen to face off against Democrat in deep blue Wisconsin district

    August 14, 2024
  • Trump Agriculture pick confirmed as president racks up Cabinet wins

    February 13, 2025
  • Energy Sec. Wright outlines Day 1 priorities: Refilling SPR, promoting ‘energy addition, not subtraction’

    February 5, 2025

Recent Posts

  • Retailers shift their thinking on delivery as consumer need for speed raises costs

    July 25, 2024
  • Apecoin and Akita Inu: Akita Inu is increasingly stable

    September 4, 2024
  • The dollar index remains positive at the end of the week

    July 26, 2024

Editor’s Pick

  • Long ACN: strong bullish momentum backed by strategic acquisition and AI-driven revenue growth prospects

    July 23, 2024
  • Oil and natural gas: Oil under pressure at 77.00 level

    July 29, 2024
  • Project 2025 remains nonpartisan, true to 1980s good-gov’t inception despite raucous outcry, key figures say

    September 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock