⁠CoinMarketCap Roast Day: Second Place Is Still Great, CZ!

CoinMarketCap invited us to “roast them” for their seventh birthday celebration… so we found a few numbers that might make new owner CZ feel the burn.

​​If you haven't had the time to read our new digest yet, it's time to do it! A review of the main news, events and stats of the past month!

Bitcoin halving, Chinese CBDC, Binance buys CoinMarketCap and more — Start your day with Hodler’s Monthly and say farewell to April. 📈

​​Think a close below those green zone, will be VERY bad for the markets. So still a lot of room, but in case we see a big dump today, BIG chance correction up is over for the stock market

​​Elon Musk tweeted:

"I am selling almost all physical possessions. Will own no house."
"Tesla stock price is too high imo."

And many other weird tweets. It looks like his twitter account has been hacked.

​​BAND is so bullish. Bounced from our risk entry zone and went up by 28% (by the moment of post). It means that all safe targets hit and its close to first hodl target 🤑

Hope you follow our advises and make money 👍

Last post: Risky bullish entry possible from ~11600

🛒 Buy zones 11137 / 10580 / 9689
🎯 Safe targets 12028 - 12585 - 13475
✊ HODL targets 14923 - 16300 - 17900

​​BTC hit this long term Resistance line which is in confluence with the top of the upward channel

💡Looking for a local top to be put today or tomorrow (we might have already got it at 9.4k)

​​There is a CME gap at $112k that no one is talking about.

​​Ethereum's Vitalik, Binance's CZ Respond To Elon Musk’s Controversial "Tesla Stock Bit High" Tweet

​​#MATIC will Be Talking About Their Upcoming MainNet & Staking in The AMA

Keep an Eye on MATIC

​​Is Verge (XVG) Marching Towards a Bullish Weekend?

While the pandemic is still not stopping its rise of the death toll in many major economies, a few countries are slowly lifting the lockdown. Because of this or just because the market is desperately waiting for a bullish cycle, the coins are seeing an escalation in their prices these days.

As April came to an end, Bitcoin’s price jumped from $7900 to $9301, noting a weekly high price mark. This also happens to be a one-month high price level for the coin. Once again, the leading coin has increased investor’s hopes; let’s see where it takes the whole market this time. Following BTC’s lead, XRP too has managed to trade above $0.21; the altcoin went above $0.23 just yesterday, hitting a monthly high price level.

Verge Price Analysis
In order to maintain its pace, XVG coin has attempted to target the $0.0034 price level though it faced rejection at $0.00335. The coin had risen from $0.0028, with an increase of 17.75%. Before that, Verge kept spending the week on a bit lazy note around $0.0029.

However, after the price rise, the following price corrections have decreased the intensity of bulls. The pullback has cost it a loss of 12.53%, which is why it came down to the price range of $0.0029 today morning. The XVG coin is holding a stable RSI while the MACD chart has just formed a bearish crossover.

Showing a bit of contradiction to its first chart, Verge holds a bullish technical indicator in this one. The moving averages are in the positive zone as the 50-day SMA line is above the 200-day SMA line. Here, the XVG coin has just traced a dip below its 61.80% Fib level, and now, the coin is trying to drift the trend above the 50% Fib level. Moreover, the Bollinger bands are slowly coming back to stability after it saw quite a bit of volatility on the positive side.

​​Well so far the fractal has been in play, not identical, but the steps seem to be the same this time. Assuming it's real, think a max of around 9250 (could be it has been reached already). So if it gets above like 9300ish, think maybe it's off the table.

So this would suggest another retest of 8600/8800. If it follows the same pattern, it should make a drop where it should trigger like a bearish signal, to of course lure in shorts again, because that is what is needed to get this market upwards.

Do not stare/follow this fractal blindly!

​​$ETC
Hit 1D R level and now consolidating.
$6.966 Daily Support + 4H Support looks strong to Long ETC.
If it holds - $8.8 on the table.
Clear invalidation if drops and closes below $6.437.
Keep it simple.
Watch for PA on LTF (1H-15m) at the support.📈

​​Ethereum/USDT chart update 📈

Ethereum same as Bitcoin has grown up to 217 resistance left after the March dump. It was the last one standing before broken on March 8th. Second leg followed on March 12th was from ~200 SR, which now act as support.

Will it breakout or not? Hard to say. It was growing for a long time and volume is actually falling, so I wouldn't advise to go long from here. But if it will close day candle above 215, there will be a chance for some hype growth.

​​According to a new study by CoinMarketCap, the number of female and youth users has increased significantly compared to the previous quarter.

A drastic drop in user traffic from China was also noted.

⁠Bitcoin Price Retraces to $8.5K Going Into Last Week Before Halving

Bitcoin price is consolidating below the recent $9.5K high, but which way will it go with less than eight days before the BTC halving?

​​ETH Bull Trap or Bull Breakout for BITMEX:ETHUSD by botje11
In my previous analysis i showed to wedges for ETH, as you can see on the left now as well. What i said in my previous analysis:📈

​​Bitcoin April 2018 Fractal, Great Road Map so Far for COINBASE:BTCUSD by botje11
I have been posting this fractal the past week since the rally, and so far it has been playing out almost the same. The details are not exact,

​​$ETC
Trade invalidated, but the idea still valid.
Price hit next support zone and bounced. Reclaim $7.08 as support will send ETC to Swing High and to higher targets we mentioned.

​​Ethereum Price Analysis: As ETH/USD Bullish Interest Returns, $220 Achievable In the Short Term?
Ethereum price launches a fresh a breakout to $220 after reclaiming support above $200. ETH/USD bulls mist target to break

​​#ERD Big News 🚀