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Daily reviews and thoughts on the market of Crypto 14 September 2021


BTC fake News about the acceptance #LTC by Walmart supermarket as a means of payment, bitcoin is also starting to grow, the assets managed to approach the level of correction of 0.5 Fibonacci ($47.063). After the release of the official denial of cooperation, cryptocurrency rolling back along with the #LTC, tool tested the support level at $ 43.500, from which the assets of a rebound. In general, touch a new local minimum is enabled the buyer, and at the time of writing the review, bitcoin is trying to close above the simple moving average of 20 as 4H, fix at the top which will be the first signal for growth. In this case, we can expect the movement to the level of resistance around $46.200, followed by recurrent attacks of Fibonacci pull level ($47.063). When the price declined below the price level of $45,190, bitcoin is waiting for a second decline to the support level at $43.500.

ETH Asset is consolidating above the support level around $ 3200, the immediate resistance is significant about $3525. Ether has increased the value in the pair for #BTC by 1.05% over the last 24 hours.

Cost of Litecoin (#LTC) at this time increased by 38% against the dollar after the release of the fake press appeared on the network about the possibility of paying with the addition of the activities of the cryptocurrency's biggest supermarket in the American supermarket. Then, the information was denied, which led to a 27 percent drop in the rate of exchange of the price of the local maximum.

Media release posted on the site GlobalNewswire and does not contain any statement from the U.S. securities and Exchange Commission, which are to be expected, because the Walmart traded openly. The News section of the Official website of Walmart never publish this press release. In addition, the company's use of resources, business wire, not Globalnewire, to distribute the release of her. However, some of the news agency published an article based on a press release is false, which increases the hype around the #LTC.

Once again, allow to observe the power of the media to affect the price of the asset. Not clear who and how to publish the press release, and it can be a planned action for the purpose of short-term speculation on the #LTC. I believe that this incident is a reminder that You should always carefully check the source of the headlines, especially if You will be using the information received in the trade. 

The integration of e-Money (NGM) with a system of parallel algorithms (#ALGORITHAND) caused a 25% increase with price # NGM (against the dollar).

The announcement of the addition of Wallet SafeMoon of the project SafeMoon (#SAFEMOON) to the Google Play increases the cost of #SAFEMOON by 18% (up to Dollars).

U.S. stock indexes S & P 500, and the Dow Jones open trading higher on Monday, recovering from its worst weekly loss in a few months, while the market's attention is focused on the possibility of changes in tax and monetary policy. At the same time, the decline in the technology sector led the decline in the NASDAQ Composite index, as investors began to prefer a company that is more likely to benefit from the economic recovery this year. As a result, the U.S. stock market stop mutual trade on Monday, as the strengthening of the oil, gas, financial sector, and the sector are negative and the dynamics on health care, utilities, and industrial sectors. When closing the New York stock exchange, the Dow Jones rose up 0.76%, the S & P 500 index up 0.23%, The NASDAQ fell by 0.07%.

The Total market capitalization of cryptocurrency increased to 2.8% in the last day, the dominance of bitcoin decreased by 0.6%. According to Glassnode, the balance of # BTC on the account exchange cryptocurrency continued to decline over the past week, which increases the possibility of the growth of the local advanced on the market in the near future.

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