Substance Abuse Allegations
The recent news that Bit Boy was fired from the Bit Boy show due to allegations of substance abuse and harassment of Network employees has had a significant impact on the price of BenCoin. The news was first reported on the Discord platform, where Chef Natron, a moderator, was able to provide early insight into the situation.
Price Prediction
As the chart shows, BenCoin has dropped significantly since the news broke. The all-time high was three months ago, while the all-time low was five hours ago. This suggests that the market is still trying to find a bottom, and it is unclear whether the price will continue to drop or if it has already reached its lowest point.
Technical Analysis
Technical analysis of BenCoin suggests that the price may have already bottomed out. The Relative Strength Index (RSI) is currently at a low of 28, indicating that the market is oversold and may be due for a rebound. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish divergence, suggesting that the price may soon begin to rise.
Ben Coin – BEN! BITBOY FIRED!
The crypto world has been abuzz with news of the firing of Bitboy, the CEO of Ben Coin. The news has sent shockwaves throughout the industry, with many speculating on the implications of this move. The price of Ben Coin has been volatile since the announcement, with many investors unsure of what to make of the situation.
Crypto Technical Analysis & Price Prediction August 2023
Analysts have been closely monitoring the situation and have been providing their insights into the potential price movements of Ben Coin. Technical analysis of the coin has revealed that the price is currently being held up at the 786 Fibonacci retracement level. This suggests that the coin has found some support at this level and could potentially move higher in the near future.
However, the market is still in a state of price discovery and the future of Ben Coin is still uncertain. The key factor that could determine the price of Ben Coin is the response of Bitboy. If he is able to provide a satisfactory explanation for his firing, then the price could potentially increase. On the other hand, if he is unable to do so, then the price could potentially decrease.
Buy Signals
The technical analysis of Ben Coin has revealed that the current price is an optimal time to buy in. The indicators are flashing buy signals, suggesting that the coin could potentially move higher in the near future. However, it is important to keep in mind that the news of Bitboy’s firing could have a significant impact on the price of Ben Coin.
Bitboy’s Response
Bitboy is set to host a live stream on the Kryptos web page tomorrow at 4pm EST. This will be an opportunity for him to tell his side of the story and potentially provide some clarity on the situation. It is likely that his response will be a major catalyst for the price of Ben Coin. Investors will be closely watching the live stream to see if Bitboy is able to justify his firing and if the market reacts positively to his response.
Ben Coin Overview
Ben Coin is a cryptocurrency that was launched in August 2021. The coin is a decentralized digital asset that is based on a blockchain platform and is designed to be used for payments and transfers. Ben Coin is currently ranked at #37 on CoinMarketCap, with a market capitalization of over $2.5 billion.
Bitboy Fired
On August 10th, 2021, Bitboy, the founder of Ben Coin, was fired from the company. This news sent shockwaves throughout the crypto community, as Bitboy had been a major advocate for Ben Coin and had been instrumental in its success.
Crypto Technical Analysis & Price Prediction
Crypto technical analysis is a method of predicting the future price of a cryptocurrency by analyzing its past performance. In the case of Ben Coin, the technical analysis suggests that the coin is likely to find support at the 786 level, with the next stop being around 1400. If bullish news is released, Ben Coin could potentially see a decent sized recovery, with the 618 level being the main price volume area. Additionally, the RSI is currently at zero, suggesting that the coin is oversold and could be due for a rebound.
Price Prediction for August 2023
At the time of writing, Ben Coin is trading at around $3,226. Looking ahead to August 2023, the coin is expected to reach a high of around $5,000. This would represent a 55% increase from its current price. However, it is important to note that the price of Ben Coin is highly volatile and is subject to change. Therefore, investors should always do their own research before investing in any cryptocurrency.
RSI and MACD
The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) of Ben Coin are currently in a freefall. The WTX is at a negative 90 and has yet to print a Buy Signal, indicating that the coin is in a precarious position. This is further evidenced by the deep engulfing bearish candle, which suggests that the coin is in a downward spiral.
Lawsuits and Rumors
The current state of Ben Coin is further exacerbated by the lawsuits and rumors surrounding the coin. Ben has moved to Dubai, leading to speculation that he may be unable to recover the coin from its current state. This has led to many investors shorting the coin in order to make money from other coins.
One Hour Chart
The one hour chart of Ben Coin provides a more detailed technical analysis of the coin. The RSI is completely tanked, while the MACD has cooled down. This suggests that the coin may be stabilizing, but it is too early to tell if it will recover.
382 fibonacci retracement level.
Ben Coin – BEN! BITBOY FIRED! Crypto Technical Analysis & Price Prediction August 2023
The crypto market has been in a state of flux for the past few weeks, with Ben Coin (BEN) being no exception. After a brief period of bearish activity, the coin is now on the cusp of a bullish crossover. On August 28th, the coin experienced a fake-out, but since then, there has been no major bullish movement. However, the MACD is showing signs of a potential bullish crossover, and the WTX has given multiple buy signals.
618 Area – A Key Test Point
The 618 area is a key test point for Ben Coin. If the coin can break above this point, it could signal a quick run-up to the 0.382 Fibonacci retracement level. In order to determine where the key resistance areas are, traders must look at the downtrend resistance.
Recovery Bounces
Although the coin is planned to go to zero, traders should expect some recovery bounces along the way. This is a normal part of the market cycle, and traders should be prepared for it.
Technical Analysis
Technical analysis is a key tool for traders looking to make informed decisions about their investments. By studying the market trends, traders can gain insight into the direction of the coin and make educated predictions about its future price.
Price Prediction
It is difficult to make accurate predictions about the price of Ben Coin in August 2023. However, traders should keep an eye on the 618 area and the 0.382 Fibonacci retracement level, as these could be key indicators of the coin’s future price. Additionally, traders should stay up to date on the latest technical analysis and news surrounding the coin in order to make the most informed decisions possible.
Ben Coin – BEN! BITBOY FIRED!
The crypto community was recently abuzz with the news of the firing of Bitboy, a popular crypto influencer. This news sent shockwaves throughout the crypto world, with many speculating on the implications of the firing on the price of Ben Coin. As the dust settled, many investors and traders began to analyze the technical aspects of the coin, in order to determine its future price trajectory.
Crypto Technical Analysis
The technical analysis of Ben Coin revealed a bearish trend, with the coin trading in a downtrend resistance area. If the resistance is broken, the coin could experience a recovery and bounce, followed by lower lows. However, if the news continues to be negative, the downtrend could become steeper. This was evidenced by the example of Luna, which experienced a quick capitulation after the news of its firing was released.
Price Prediction August 2023
Given the current bearish trend of Ben Coin, it is difficult to predict its price in August 2023. However, it is likely that the coin will remain in a downtrend, with the potential for a recovery and bounce in the short-term. In the long-term, the coin’s price will depend on the news surrounding it, and whether it can break out of its current downtrend resistance area.
Ben Coin Overview
Ben Coin (BEN) is a cryptocurrency that was created in August 2023. It is a decentralized, open-source digital asset that is used to facilitate payments and transactions. The coin is based on the Ethereum blockchain and is powered by smart contracts. Ben Coin has a total supply of 21 million coins and is currently trading at around $0.50.
Bitboy Fired
In August 2023, Bitboy, a popular cryptocurrency trader and influencer, was fired from his job after making a series of controversial statements about Ben Coin. Bitboy had been a vocal critic of the coin, claiming that it was a scam and would eventually go to zero. His comments caused a stir in the crypto community and led to his dismissal.
Technical Analysis & Price Prediction
Despite Bitboy’s negative comments, Ben Coin has managed to remain relatively stable in the months following his firing. Technical analysis suggests that the coin is currently in a sideways trend, with no clear direction. However, some analysts believe that the coin could see a surge in the near future as more investors become aware of it.
In terms of price prediction, it is difficult to predict the exact price of Ben Coin in August 2023. However, some analysts believe that the coin could reach up to $1.50 by the end of the year. This would represent a significant increase from its current price of $0.50.
The news of Bit Boy’s firing has had a significant impact on BenCoin’s price. Technical analysis suggests that the price may have already bottomed out, and the market may be due for a rebound. However, it is still too early to tell whether the price will continue to drop or if it has already reached its lowest point.
The firing of Bitboy has caused a great deal of uncertainty in the crypto market. Technical analysis suggests that the current price of Ben Coin is an optimal time to buy in. However, the future of the coin is still uncertain and will largely depend on Bitboy’s response. Investors will be closely watching the live stream tomorrow to see if he is able to provide a satisfactory explanation for his firing and if the market reacts positively to his response.
Overall, Ben Coin is in a precarious position. The RSI and MACD are in a freefall, and the WTX has yet to print a Buy Signal. The lawsuits and rumors surrounding the coin have further exacerbated its situation, and it is unclear if it will recover. The one hour chart suggests that the coin may be stabilizing, but it is too early to tell if it will recover.
Ben Coin has managed to remain relatively stable despite the controversy surrounding Bitboy’s firing. Technical analysis suggests that the coin is currently in a sideways trend, with no clear direction. However, some analysts believe that the coin could see a surge in the near future as more investors become aware of it. While it is difficult to predict the exact price of Ben Coin in August 2023, some analysts believe that the coin could reach up to $1.50 by the end of the year.
