Etherparty Price(FUEL)

The global cryptocurrency market cap now stands at $1.15T, down by -0.99% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $23,771 and $24,930 over the past 24 hours. As of 09:00 AM (UTC) today, BTC is trading at $23,933, down by -2.45%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include ANKR, API3, and TFUEL, up by 38%, 19%, and 13%, respectively.Top stories of the day:Weekly Market Highlights (Aug 12, 2022)MakerDAO Co-Founder Proposes Removing $3.5 Billion USDC Reserves for ETHAave GHO Stablecoin Proposal Has Merit But Also Carries RisksDeFi Data: Total Value Locked Is Up by 5.60% in 24HBlackRock, The World's Largest Asset Manager, Has Launched A Spot Bitcoin Private TrustBlackRock, the world's largest asset manager, announced on Thursday in a blog post that it had launched a spot bitcoin private trust for clients.Peter Schiff’s Bank Set To Be Liquidated; Will He Finally Turn To Bitcoin (BTC)?Market movers:LUNA: $2.0095 (-1.68%)ETH: $1888.02 (-0.19%)BNB: $324 (-2.03%)XRP: $0.3768 (-1.13%)ADA: $0.5336 (-0.93%)SOL: $43.19 (-2.62%)DOT: $9.26 (-1.91%)DOGE: $0.07115 (-0.60%)AVAX: $28.81 (-2.96%)MATIC: $0.9264 (-1.36%)Top gainers on Binance:ANKR/BUSD (+38%)API3/BUSD (+19%)TFUEL/BUSD (+13%)

Theta Fuel (TFUEL) has been gradually moving upwards since June 12, finally accelerating its rate of increase and breaking out on July 16.TFUEL has been falling since reaching a high of $0.68 in June 2021. At the beginning of Dec, the price broke down from the $0.23 horizontal area, which had acted as support thrice prior (green icons). Afterward, the price validated the area as resistance three more times until April. So, at the time, the area had intermittently acted as support and resistance for 343 days. Therefore, until the price manages to reclaim it, the long-term trend cannot be considered bullish. While the weekly RSI has begun to move upwards, it has not generated any sort of bullish divergence and is still below 50. As a result, the long-term trend is considered bearish.TFUEL/USDT Chart By TradingView Short-term reclaimCryptocurrency trader @Pure8Nature tweeted a chart of TFUEL, stating that the price could soon increase well above $5.Source: Twitter Despite the bearishness from the weekly time frame, the daily chart provides a more bullish outlook. There are two reasons for this: The price has broken out from a descending resistance line.The price has reclaimed the $0.056 horizontal support area.Moreover, unlike the weekly one, the daily RSI has already broken out above 50 (green icon). So, while a re-test of the $0.056 area remains a possibility, the continuation of the upward movement seems to be the most likely scenario. In this case, the closest resistance area would be at $11.TFUEL/USDT Chart By TradingView TFUEL/BTCThe TFUEL/BTC chart is not as bullish as its USD counterpart. While the price has been increasing since June, it seems to be trading inside an ascending wedge. Such wedges usually contain corrective patterns.Additionally, the resistance line of the wedge has rejected the price thrice (red icons), creating long upper wicks each time. Such wicks are considered signs of selling pressure. Finally, the price is following a longer-term descending resistance line, which also coincides with the wedge. So, until it manages to break out, the trend cannot be considered bullish.TFUEL/BTC Chart By TradingView For Be[in]Crypto’s latest Bitcoin (BTC) analysis, click hereThe post Theta Fuel (TFUEL) Breaks out From Diagonal and Horizontal Resistance Level appeared first on BeInCrypto.

The global cryptocurrency market cap now stands at $1.01T, up by 4.05% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $20,745 and $22,524 over the past 24 hours. As of 09:00 AM (UTC) today, BTC is trading at $22,282, up by 3.83%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include BOND, OP, and TFUEL, up by 44%, 22%, and 22%, respectively.Top stories of the day:BTC Pushes $22K, ETH Above $1.4K, Over $160 Million Shorts LiquidatedEthereum Revisited a Key Psychological Level; ETH Prices Up 20% in a WeekWeekly NFT News Wrap - Jul 18, 2022NFT Champagne With Artwork by Mig Sells for a Record $2.5 MillionTest Your Crypto Knowledge with Crypto WODL, Share $10,000 in BUSD rewardsFear & Greed Index in Extreme Fear for 72 Days – Longest in HistoryDecentralized Credit Counter Cred Protocol Releases Automated Scoring ResultsFlowcarbon Suspends Token Rollout, Cites Market InstabilityPoW and PoS Are Crypto Versions of Fossil Fuel Cars and Electric Vehicles: ECB ReportMarket movers:LUNA: $1.8958 (+3.15%)ETH: $1476.6 (+8.00%)BNB: $260.4 (+3.09%)XRP: $0.3637 (+2.74%)ADA: $0.4734 (+3.41%)SOL: $42.07 (+4.78%)DOGE: $0.06618 (+2.38%)DOT: $7.53 (+4.73%)MATIC: $0.8904 (+15.88%)AVAX: $23.69 (+9.22%)Top gainers on Binance:BOND/BUSD (+44%)OP/BUSD (+22%)TFUEL/BUSD (+22%)