Day: May 7, 2021

American Cancer Society Accepts Dogecoin Donations

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Key Takeaways The American Cancer Society is now accepting Dogecoin donations alongside 15 previously supported coins. The ACS aims to raise $1 million through its crypto cancer fund. The decision to accept cryptocurrency seems to be the result of outreach from the Dogecoin community. Share this article The American Cancer Society (ACS) is now accepting Dogecoin donations, according to a tweet published by the charity. Donate Dogecoin to ACS “Starting today, you can make donations to the American Cancer Society with Dogecoin,” the ACS wrote on Twitter. “Your cryptocurrency donation…

Mapping Out The Bitcoin Bull Market And More

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Bitcoin price has been hanging around the mid-to-high $50,000 range for weeks now, with neither side – bears or bull – making any headway. The sideways action has resulted in a break in the recent parabola, but the typical downside reaction hasn’t arrived. When comparing past bull market cycles and their pausing points using a “parabolic” indicator, the tool confirms that the recent advance has been broken.  However, it also suggests that the bull market itself might not be over. Bitcoin Parabola Is Broken, According To Indicator Designed For Trends…

Ripple (XRP) Turns Green, Here’s Why The Bulls Could Aim $2

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Ripple started a fresh rally above the $1.50 barrier against the US Dollar. XRP price is likely to surge further if it clears the $1.75 and $1.80 resistance levels. Ripple is gaining bullish momentum above the $1.55 and $1.60 resistance levels against the US dollar. The price is now trading well above $1.50 and the 100 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.58 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely…

Bitcoin Holds Key Support, Here’s What Could Trigger A Sharp Decline

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Bitcoin price failed to clear the $58,500 resistance against the US Dollar. BTC is correcting lower and it could decline heavily if there is a break below $55,500 Bitcoin struggled to clear the $58,500 resistance and started a fresh decline. The price is now trading below the $57,000 level and the 100 hourly simple moving average. There is a key rising channel forming with support near $56,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline heavily if there is a close below…