Market review, September 14, 2020

2020-14-09 11:38:14

Brian Armstrong, the head of Coinbase, criticized Apple for refusing to place decentralized applications in the App Store. According to him, all attempts to solve the problem with the company management and through official channels failed.

According to Armstrong, Apple prohibits adding applications to the App Store with the function of earning cryptocurrencies and providing a list of DeFi applications. It directly affected the educational service Coinbase Earn, where users receive small amounts for performing tasks.

Earlier Coinbase said it could remove a DApp-browser from a mobile wallet to comply with App Store policy. At that time, Armstrong assumed that Apple excludes the use of decentralized applications from its store.

Let us recall that in September, CEO Coinbase confirmed plans to launch the Coinbase Launch IEO platform. According to Armstrong, it will help unlock the potential of the cryptocurrency economy.

Technical analysis of Bitcoin (BTC):

Over the past weekend, the price of bitcoin rose to the resistance level of $10,600. Then it dropped to the support level of $10,200. Now, the price of bitcoin is $10,460. In the future, we predict a decline. The nearest resistance levels are $10,500, $11,000, $11,300, $11,400, $11,500, $11,650, $11,850, $12,000, $12,230, $13,000, $13,500. The nearest support levels are $10,340, $10,250, $10,200, $10,000, $9,850, $9,600, $9,400, $9,300, $9,200, $9,000, $8,600.

 Technical analysis of Ethereum (ETH):

Over the past weekend, the price of ethereum rose slightly to the resistance level of $390. Then it dropped to the support level of $360. Now, the price of ethereum is $367. In the future, we predict a decline. The nearest resistance levels are $380, $385, $390, $400, $410, $415, $420, $430, $440, $443, $470, $475, $500, $530. The nearest support levels are $365, $355, $350, $330, $325, $310, $300, $290, $277, $270, $260, $257, $250.

Technical analysis of Ripple (XRP):

Over the past weekend, the price of ripple rose to the resistance level of $0.25300. Then it dropped to the support level of $0.2370. Now, the price of ripple is $0.2440. In the future, we predict a decline. The nearest resistance levels are $0, 2480, $0.25, $0.2580, $0.26, $0.27, $0.28, $0.29, $0.2960, $0.30, $0.3080, $0.31, $0.32, $0.3250, $0.3450. The nearest support levels are $0.2440, $0.2350, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020, $0.20.

Posted: 14.09.2020 | Korolowa Helena
Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.
Something went wrong
Message: