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Looks Look Like to Grow up Looks Coin (LOOKS) - Fundamentals, News & Disclaimer Fundamentals: LooksRare (LOOKS): Decentralized NFT marketplace built on Ethereum. Launched: January 2022 Token Utility: LOOKS token is used for: Governance (voting on platform proposals) Marketplace fees discounts Staking rewards (earn LOOKS and other tokens) Current Price: ~$0.12 (as of March 27, 2024) Market Cap: ~$124 Million (as of March 27, 2024) Recent News: LOOKS price has been up this week. Increased trading volume on LooksRare marketplace (over 150% in 24 hours). Disclaimer: I am not a financial advisor. This information is for educational purposes only and should not be considered financial advice. Cryptocurrency is a volatile investment. Do your own research before investing in LOOKS or any other cryptocurrency.
Long
by MoonTradingForecast
Token Rally Mode: Your Chance to Buy and Prosper! Token Coin (Possible Interpretations): There are two main interpretations of "Token Coin": Physical Token Coin (Numismatics): In the world of coin collecting (numismatics), token coins are physical objects resembling coins but not considered official currency. They were often used for specific purposes like trade or transportation tickets. Fundamentals: Not applicable to physical tokens. Recent News: Not applicable to physical tokens, news would likely be related to specific historical tokens or collections. Disclaimer: When dealing with physical token coins, be cautious of forgeries and ensure authenticity before buying. Cryptocurrency Token kanousei): In the cryptocurrency world, "token" is a broad term. It could refer to a specific token named "Token Coin" (less likely) or more likely, a general term for any crypto asset other than Bitcoin or Ethereum. Fundamentals: Crypto tokens can represent various things like access to a service, a vote in a decentralized project, or a store of value. Their value depends on the specific project and market forces. Recent News: The crypto market is constantly evolving. To stay updated, you can refer to reliable cryptocurrency news websites or resources like CoinMarketCap (coinmarketcap.com). Disclaimer: Investing in cryptocurrency involves significant risks. Do your own research before investing.
Long
by MoonTradingForecast
What whales are thinking on $ETH! If we consider the given options for Ethereum entry prices and their average of $1689.7, here is a comparison: 1793.0: This price is higher than the average. If you enter at this price, you are buying Ethereum at a premium compared to the average price. 1724.6: This price is also higher than the average, but not as much as the previous option. Entering at this price would mean buying Ethereum at a slightly higher than average price. 1658.7: This price is lower than the average. If you enter at this price, you would be buying Ethereum at a discount compared to the average price. 1595.3: This price is the lowest among the given options and significantly lower than the average. Entering at this price would mean buying Ethereum at a substantial discount compared to the average price. Based on this comparison, if you believe that the price of Ethereum will increase in the future, entering at a lower price such as 1595.3 could potentially offer a better opportunity for a higher return on investment.
COINBASE:ETHUSDLong
by ETH-WHALE_ID3313
axsusdtperpthe live Axie Infinity price today is $11.77 USD with a 24-hour trading volume of $49,23,49,645 USD. We update our AXS to USD price in real-time. Axie Infinity is down 3.70% in the last 24 hours. The current CoinMarketCap ranking is #44, with a live market cap of $1,17,78,12,355 USD. It has a circulating supply of 10,01,07,074 AXS coins and a max. supply of 27,00,00,000 AXS coins. If you would like to know where to buy Axie Infinity at the current rate, the top cryptocurrency exchanges for trading in Axie Infinity stock are currently Binance, BingX, BTCEX, Deepcoin, and Bybit. You can find others listed on our crypto What Is Axie Infinity (AXS)? Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. To learn more about this project, check out our deep dive of Axie Infinity. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies. These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique. Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace. The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent. Who Are the Founders of Axie Infinity? Axie Infinity was created in 2018 by Sky Mavis — a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen. Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BS in computer software engineering, and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity. Former competitive gamer Aleksander Larsen is also credited as a co-founder and COO of the platform. Larsen has been working in blockchain gaming since 2017. He previously worked as the executive security officer for the Norwegian Government Security Organization and still sits as Secretary of the Board of Directors at the Blockchain Game Alliance. In total, the Axie Infinity team consists of 25 full-time employees — many of whom have experience with game development. What Makes Axie Infinity Unique? Each Axie possesses six out of the hundreds of different potential body parts — each of which has its own battle move. This produces essentially endless variety among Axies, with most Axies having relatively weak statistics, while those with the strongest combination of body parts can have incredible stats. Unlike some other blockchain-based battling and breeding games, each Axie can only be bred a total of seven times to help control the population of Axies. Axie Infinity has its own mating hub to help players find a suitable match to breed their Axie with to stand the best chance at producing a rare or powerful offspring. It costs 0.005 ETH in addition to Small Love Potion (SLP) tokens to breed Axies. AXS token holders will soon be able to stake their tokens to receive regular rewards. But unlike some other stakeable assets, AXS holders will also need to vote and play to claim their rewards. Axie Infinity Gameplay Axie Infinity invites users to earn tokens through all sorts of aspects of gameplay. It also allows players to breed, grow and trade ecosystem game characters aka non-fungible tokens (NFTs) – Axie creatures. Those virtual pets have their own class, particular characteristics and a set of attributes. Axies are collectible and can also be sold on the in-game marketplace called P2P Axie. Axies are made up of a set of stats as class and body parts, indicating their features and rarity level. Distinctive ability cards that are directly related to a configuration of characteristics are the center of the gameplay. Each Axie is a unique NFT owned and controlled by its user. Play-to-Earn Model Axie Infinity is one of the pioneers of the Play-to-Earn (P2E) concept, where gamers earn crypto and NFTs through gaming activity. As part of the online game, users participate in turn-based battles, but the main difference is that gamers have control over their characters, land plots, resources and other in-game items of the universe. Thus, Axie Infinity is an open digital universe, where the economy is controlled by its players. Ownership of in-game assets and unique digital items is verified via NFTs. The tokens act as a receipt proving the right to property. Hence, users can both sell their Axies to other players and store them securely in crypto wallets like Trust Wallet, Binance Chain Wallet, or Ronin Wallet. The last one was specially designed for Axie Infinity. How Does Axie Infinity Work? The gameplay of Axie Infinity is focused on fighting & breeding Axies. It consists of the following steps: buying Axies, participating in battles with other players, breeding Axies, and selling them on the marketplace. Players need to have an Axie to join the battle and select Adventure Mode (PvE) or Arena Mode (PvP). Axies can be bred, but each Axie cannot be bred more than 7 times. Lunacia is the homeland of digital creatures. It is divided into tokenized parts where players can search for resources and upgrade their plots. On the marketplace, players can trade their Axies and land plots. A key feature of Axie Infinity is community engagement, where each member contributes, participates in governance, and generates content. The developers have also introduced a number of mechanics that distinguish Axie Infinity from its analogs. For instance, built-in population control. Furthermore, a wide range of Axies due to various combinations of attributes builds additional demand among gamers and collectors of rare NFTs. To solve the scalability problem, Axie Infinity created its sidechain on Ethereum called Ronin Network. It ensures instant transactions not involving the Ethereum blockchain. Users can safely store AXS and collectible NFTs in Ethereum and Ronin wallets, and send tokens from Ethereum wallet to Ronin wallet via Ronin Bridge. Related Pages: Check out Ethereum (ETH) — the blockchain that hosts the Axie Infinity game. Check out Small Love Potion (SLP) — the token needed to breed Axies. Read about non-fungible tokens (NFTs) with CoinMarketCap Alexandria. Want to keep track of Axie Infinity prices live? Download the CoinMarketCap mobile app! Discover the latest crypto insights, news and trading analysis with CoinMarketCap Alexandria. How Many Axie Infinity (AXS) Coins Are There in Circulation? he native ecosystem token, Axie Infinity Shard (AXS), was launched in November 2020. AXS is the central mechanism for running the Axie Infinity game. Players can buy, trade and earn tokens simply by playing it. In addition, the best players of the season receive rewards in AXS. Moreover, AXS serves as a governance token that allows holders to vote on gameplay changes and influence the evolution of the platform. Axie Infinity (AXS) tokens have a total supply of 270 million tokens. Out of this, around 53.5 million tokens were in circulation as of mid-November 2020. In total, 11% of the total supply was allocated to participants in the Binance Launchpad IEO sale (each Axie Infinity token price was $0.10) and 4% was sold in a private sale. In addition to this, 29% is allocated for staking rewards, 20% to the play-to-earn pool, 21% to the team, 7% to advisors and 8% to the ecosystem fund. Based on the current release schedule, as indicated by Binance Research, 100% of AXS tokens will be circulating by early 2026. How Is the Axie Infinity Network Secured? The Axie Infinity (AXS) token is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism. In early 2021, Axie Infinity plans to migrate its NFT tokens, including Axies, Land and other in-game item tokens from the Loom Network to a custom-built sidechain on Ethereum known as Ronin. Ronin is an application-specific sidechain built just for Axie Infinity. It is being developed by Sky Mavis — the development firm behind the Axie Infinity game, and is designed to support almost instant transaction confirmations, reduced gas fees and be capable of helping Axie Infinity scale. Where Can You Buy Axie Infinity (AXS)? As of October 2021, Axie Infinity (AXS) is available to trade on numerous exchange platforms, including top exchanges like: Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io and Kraken. The link between Axie Infinity Smooth Love Potion has lead to numerous trading pairs being offered, including SLP to ETH and SLP to BNB. However there is substantial interest in the Philippines for the SLP to PHP price, in Australia for the SLP to AUD and Europe for the SLP to EUR prices. It is listed with numerous Axie Infinity price pairs, including popular ones like: AXS/USDT, AXS/BTC, AXS/BUSD and AXS/BNB. As the game has risen in popularity, interest in the AXS to PHP, AXS to AUD and AXS to EUR.
Long
by Aravindha_n
What 1-hour chart says? Fundamental Development:- Ethereum was trading at $1,103.78 on the Investing.com Index on Wednesday, down 10.10% on the day. It was the largest one-day percentage loss since June 13.The move downwards pushed Ethereum's market cap down to $137.03B, or 15.20% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B. Ethereum had traded in a range of $1,103.65 to $1,226.97 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a drop in value, as it lost 36.9%. The volume of Ethereum traded in the twenty-four hours to time of writing was $26.36B or 27.37% of the total volume of all cryptocurrencies. It has traded in a range of $1,078.1089 to $1,832.7004 in the past 7 days .At its current price, Ethereum is still down 77.31% from its all-time high of $4,864.06 set on November 10, 2021.Elsewhere in cryptocurrency trading .Bitcoin was last at $20,902.9 on the Investing.com Index, down 8.11% on the day. Tether was trading at $0.9996 on the Investing.com Index, a loss of 0.01%. Bitcoin's market cap was last at $403.05B or 44.70% of the total cryptocurrency market cap, while Tether's market cap totaled $70.77B or 7.85% of the total cryptocurrency market value. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $20,600-$23,500 ranges.BTC is made low 20,800 and now consolidating within a range. Yesterday it made high near $23,320 and then it continue to Decline. Bitcoin is struggling to gain momentum above $23,300. Alternative Scenario: If Bitcoin fails to clear the $23,400 resistance zone, it could start another decline. An immediate support on the downside is near the $20,700 level.
BINANCE:BTCUSD
by eva236220
BTCUSD Bybit Chart Analysis May 27 Hello. “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 27. Bitcoin 30 minute chart. The details are summarized at the bottom of the analysis on the 26th. Check the main section with a black finger. Nasdaq is on a vertical rised. It is important to see whether the rebound or not in the resistance level is important. In each of the sections indicated above and below, Long -> short -> long -> short -> long finish From the bottom to the purple finger It was very disappointing that I couldn't touch it with a difference of about 200 dollars. Only the touched section is exactly round-trip That's around $1700 in revenue. In the case of Bitcoin, unlike Nasdaq, First, there was a vertical decline. The decline was stronger than expected. I don't think the intention was to rob it in both directions. Eventually, it succeeded in a V-shaped rebound, It has now reached the center line of the 4-hour chart. Because the turnover rate is faster than the Nasdaq A strong adjustment is in progress. I feel like my head hurts today Let's take a closer look at the whole thing. Nasdaq 4 hour chart. Today's approximate Top and Bottom prices are displayed. around the green support line Rebound seems to be important. It has been substituted for Bitcoin. Bitcoin 4 hour chart Today's approximate Top and Bottom prices have been left. centered on the green support line, The direction seems to be determined. When the Nasdaq plummets, Bitcoin The bottom section of the red support line It's a major rebound. I made today's trading strategy. Bitcoin 30 minute chart. This is a one-way long position strategy. Depending on the Nasdaq's up/down movements, the divergence points. *Today, the green support line is sideways within the red resistance line. * When the blue wave is pushed from the support line to the bottom, This is a major rebound. The Nasdaq is moving sideways, so keep an eye on the movement. * When the red arrow moves Short -> Long -> Short Switching Strategy Starting with the first long, 1) $29492 short position switching / Stop loss when the purple resistance line is broken 2) $28901.5 long position switching section / Stop loss when deviating from the green support line 3) 30162.5 USD long position target and short position switching section / Stop loss when breaking through the sky blue resistance line Short if the top price is reached within a short period of time, after tomorrow in the case of upward trend Adjustments may be weak. I forgot and forgot the gap section at 6 o'clock, it would be better if you mark each one Touch up today and within the green support line It must be supported, and a strong rebound can be linked to altcoins, especially Ethereum. Today is a long position strategy, Following the Nasdaq move Check whether the red top / sky blue bottom I think you should focus on the long position. Don't forget to stop loss in principle until today. Fighting. Have a nice weekend thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
How long will the joke prolong? - Dogecoin's potentialDo you believe that we have a chance to go to the moon? Well, we might! It is all thanks to the proponents of Dogecoin or DOGE. It is a Cryptocurrency that began as a random joke but is one of the top coins today. We are going to the moon. And that sums up pretty much everything you need to know about Dogecoin. In a way, this statement can be correct. There is nothing much to think about Dogecoin. People who are fans of the coin just buy and hold it; basically, they do not sell it off until there is a considerable change. Until they become rich, that is. However, the question remains. Is it that simple? Read on to find out more. Dogecoin’s history You may never believe it, but it is the truth. This Cryptocurrency was started as a joke. However, Bitcoin, also known as the original Cryptocurrency, was a technical innovation and super-impressive. The whole concept of exchanging digital money at a small fee without the necessity of permission from anyone was mind-boggling on its own. It is essential to remember that Bitcoin was also open source. Hence, anyone to copy it and create the coins, and many did it too. You could see different clones like Litecoin and Peercoin popping up everywhere. And in the same trend, we have Dogecoin joining the honors. Billy Markus and Jackson Palmer, two software engineers, created Dogecoin in December 2013. It is similar to Bitcoin but mostly closer to Litecoin, which is just another copy of the former. The coin features the symbol of the Shiba Inu dog and acts as a synonym for dog and moon-related metaphors in every silly manner. Popularity Dogecoin enjoyed a punctual following right from day 1. It was usually the ones who loved to make fun of Bitcoins and liked the concept of crypto coins. Then you could see people who loved dogs showing interest in the same. Dogecoin attracted anyone who wanted to participate without the seriousness of the cryptocurrency. No analyst understands the pattern. The Co-founder Palmer also took his hands away in 2018. He concluded that the skyrocketing price of Dogecoin simply indicated that the market was overheated. Palmer said, "I think it says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn’t released a software update in over two years has a $1B+ market cap," in January 2018. Technically, the market crashed just a few days after that. However, Dogecoin is still standing to this day. It is primarily because; the currency does not require any exceptional or active management. Additionally, Dogecoin is becoming more significant than it originally was due to the remarkable recovery of crypto space in 2020. Dogecoin’s technicality Do you think Dogecoin is technically sound? Not in the true sense. In a sense, it is alright because this coin is just a copy of Litecoin that is technically appropriate. Dogecoin is an online network safe and cryptographic that allows users to send a DOGE to another user in a permissionless manner. It works okay, but it is not as safe and decentralized as Bitcoin. Right from the start, Dogecoin was not a very clever move. Of course, there are many differences, and it enjoys a shorter block time compared to Litecoin. However, the supply is not limited like Bitcoin’s. We have close to 129 billion DOGE, and a lot more are minted. The most significant difference is that Bitcoin and Litecoin are managed better with regularly updating to handle bugs and limitations. Occasionally, Dogecoin gets updated, but there are times when it takes years for a new version. This coin is nothing but Bitcoin’s silly cousin who doesn’t take anything seriously. It doesn’t worry about the future at all. The coin just counts clouds when you are busy cleaning the house. Dogecoin doesn’t care nor worry. Elon Musk’s muse Elon Musk has a reputation for liking silly random stuff, and since Dogecoin is pretty silly. And hence, please do connect the dots. The Tesla and SpaceX CEO showcases his admiration for Dogecoin on various platforms, especially Twitter. His tweets pushed the Dogecoin’s value to greater heights, and on one particular occasion, the price raised more than 100 percent just after his post. Elon Musk explained why he likes this coin in a Clubhouse Interview. He said, “Arguably the most entertaining outcome, the most ironic outcome would be that Dogecoin becomes the currency of Earth of the future.” In actual business, Musk is a much greater fan of Bitcoin. Quite recently, Tesla even bought close to $1.5 billion worth of the currency. While Twitter and memes are on one side, reality and the balance sheet of Tesla are pretty something else, at least for now. It is essential to note that Elon Musk is not the only big-shot advertising Doge. We have other biggies like Rapper Snoop Dog, and Kiss singer Gene Simmons is also on board. So should you invest in Dogecoin? Dogecoin isn’t very available like Bitcoin on crypto markets and exchanges. Coinbase and Gemini do not even have an option for purchasing Doge. However, other major exchanges like Binance offer their support for Dogecoin purchases. It is similar to owning any other Cryptocurrency when you buy a DogeCoin on exchange. You can do two things: either you can keep the coins on the exchange or put them into your wallet software. Dogecoin.com is an official wallet from the project’s website. Do you think Dogecoin will hit $1? It can be very tempting to invest in the currency as the price is soaring. But it is wise to stop for a moment before taking the plunge. Although Dogecoin has a big fanbase and the support of the world’s wealthiest people, it is essential to remember that the project isn’t exciting technically. It does not come close to other top cryptocurrencies like Bitcoin and Ethereum. It is a company’s stock that produces almost nothing and holds some sofas in an empty office. However, it has a super cool logo with a dog face, and people are attracted to it for some reason. Therefore, the stock price can go up, yes, but it can also go very down, even to zero. At one point, the price of the DOGE is at $0.26, but around a year ago, it was just $0.002, with a 13,000 percentage of the price increase. Approximately 129 billion coins are circulating with a market value of close to 34.5 billion dollars. The influencers will say that the deal will go up to $1 at some point. And then, the market cap will increase to $126 billion. Anything is possible, but how far can the joke travel? Final thoughts It all simply comes down to this. In case you are a professional or a seasoned trader, then you know what you are doing. So it might be a good chance to trade with DOGE. However, if you are not, then it is a risk, and you are simply gambling. It is not advisable to gamble with any money that you cannot afford to lose.
by vajaravi
Predicting The Crash Of Bitcoin & Major Altcoins +Previous ChartOn 17-November, we predicted that Bitcoin and all the major Altcoins would crash while the smaller Altcoins would grow, specially the Altcoins vs Bitcoin pairs. Hit LIKE to see below the previous charts: I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon! Ethereum Prepares For Correction (30% Drop Possible) Solana Prepares For Correction (~25% To Start) Cardano Prepares For Correction (20% to 38%) Binance Coin Prepares For Correction (25% Drop Ahead) Dogecoin Shows Room To Move Lower (30% Drop Or More) Algorand vs Tether (Some Bearish Signals) Ethereum vs Bitcoin Full Chart Analysis Today, we keep the same view. Do you agreen? Leave a comment with your questions. Thank you for your support. Namaste.
BITSTAMP:BTCUSD
by AlanSantana
These coins should be bought in the dip!If you're looking for the coins to invest in during the current dip, you've come to the right place. Bitcoin is falling and all the altcoins are taking a dip for it too. All the altcoins are down by 10% or more. I have shortlisted few coins in which you should invest and hodl till the end of the year. The first one is $LUNA. LUNA has grown 2000% by the beginning of the year. It is a staking token which fuels the Terra network. The market cap is around $6 Billion. Total Twitter followers are around 209k. The second coin is $DOT. Polkadot is a blockchain protocol that enables different blockchains to run independently within one network, protected by a shared security system. Founded by Gavin Wood, co-founder and former CTO of Ethereum. The network is fully decentralized by the end of June 2020. Current market cap is around $41 Billion. Twitter followers are around 888k. The third coin is $KSM. Kusama is an experimental version of its more well-known “cousin” Polkadot created to test and perfect the scalability and interoperability functionalities before deploying them on the Polkadot network. Kusama, with its low barriers to entry, caters to early stage projects with innovative and experimental ideas. The market cap is around $3 Billion. These are the 3 coins you should look into
Long
by theTAguy
A clear breakout at the Level of Control for ETHUSDThere is a clear point of control with ETHUSD in my analysis and I know that this is a crucial level for all the coming days ahead. Mostly this level has been tested as support many times so breaking it would result in a downfall to the 1000's range for Ethereum. But, it's mostly. There is always a 30% risk factor in this analysis. So make sure that the SL is at 25% of the price action. If as predicted the price moves higher we can expect to make a good return in this. Thanks for the support TV.
by LigerCrypto
Eth volatilityThe Ethereum (ETH) price in USD kept growing in value over the course of April 2021, at one point reaching over 2,500 U.S. dollars. Much like Bitcoin (BTC), the price of ETH went up in 2021 but for different reasons altogether: Ethereum, for instance, hit the news when a digital art piece was sold as the world’s most expensive NFT for over 38,000 ETH – or 69.3 million U.S. dollars. Unlike Bitcoin – of which the price growth was fueled by the IPO of the U.S.’ biggest crypto trader Coinbase – the rally on Ethereum came from technological developments that caused much excitement among traders. First, the so-called “Berlin update” rolled out on the Ethereum network in April 2021, an update meant to pave the way for reduced ETH gas prices – or reduced transaction fees. Second, the arrival of Uniswap V3 in May 2021 – a smart contract protocol - is expected to further optimize Ethereum trading.
by billyrusso999
ETH-USDOnly 2 days are left for Ethereum's Hard Fork, this upgrade will be very critical for the Ethereum based dApps. Ethereum London Hard Fork popularly known as EIP-1559 Upgrade is scheduled to go live on August 6th. The upgrade is expected to reduce the gas fees being charged on transactions by implementing a base fee pricing mechanism that would dynamically change with respect to the congestion in the blocks of the Ethereum blockchain. On the Daily TF, ETH was trading in a Bullish Descending Triangle pattern and on 29th July, it gave a strong breakout from its resistance after forming a Double bottom kind of formation. Currently, it is sustaining above all its major and minor DEMA's. Also, the short term trend is turning bullish as its 50 and 100-DEMA is giving a bullish crossover. Daily RSI is not indicating overbought conditions yet which suggest that the current rally can continue in the coming days also. On-Chain data is also showing a positive structure, as per the Santiment(On-chain data insights provider), unique active addresses on the Ethereum network has surpassed BTC address activity. Key levels to watch out for: The nearest support is present at $2400 followed by $2250 as its 50 and 100-DEMA is also present at this level. If it closes below this level, selling pressure is most likely to continue till the level of $2K The immediate resistance is present at $2650, if it decisively breaks this level, the next major resistance is $2850 followed by $3100.
BITSTAMP:ETHUSDLong
by TradeDog-Research
Huge opportunity on Ethereum.Reasons why I'm bullish: - All of the daily Moving Averages are pointing up, meaning that the prince is tending to go up. - ETH went up for 13 consecutive days, we need a pullback to keep going up. - The daily RSI showed that ETH was overbought for the first time after 13 days (Good sign for a pullback). - We have a nice and clean Double Bottom on the daily chart . - The (0.382) Fibonacci Retracement is extremely close to our zone of action in our double bottom and the (0.5) Fibonacci is right on a previous support area . MY BUY ZONE is between: $2198 - $2400 MY TARGETS are: 1- $2900 (~29%) 2- $3160 (~40%) 3- $3440 (~53%) MY Stop Loss is: $1800 (-20%) Always do your own research before getting in a trade, you always need to know the WHY and WHEN to entry and exit all your trades. Disclaimer: This is not financial advise, this post is for educational purposes only.
Long
by ClubCryptoTraders
ICO MERCHANT TOKEN (BEST ICO 2021)HIPS Merchant Protocol ( HMP ), Hips Merchant Protocol Gateway (HMP-gateway) and Merchant Token ( MTO ) is a solution that introduces consumer protection concepts from the traditional card payment industry to any blockchain with support for smart contracts such as Ethereum , Cardano (ADA) or Solana. "We believe that the consumer-oriented features of the MTO are the missing piece for crypto payments to have market penetration and mass adoption among mainstream consumers," says John Cavebring, CEO of Hips. Merchant Token ( MTO ) is the native protocol token of the Hips Merchant Protocol ( HMP ), currently issued on Ethereum following the ERC-20 standard. HMP will hold the ERC20 tokens on the Ethereum blockchain as a start, but the protocol will work similarly on other supported blockchains like Cardano, among others. “HIPS Merchant Blockchain is the native blockchain for HMP and Merchant Coin (MEO), which is the native block currency in Hips Merchant Blockchain, and is optimized for real-time business transactions created for Payment Service Providers (PSP) and EFTPOS devices, ”added Cavebring. A widely adopted and fully on-chain Merchant Payment Protocol would need to have comparable transaction performance, such as US exchanges, such as the NYSE, of an underlying blockchain in order to scale. “The near real-time transaction speeds of the HIPS Merchant Blockchain are a huge improvement to the current blockchain response. Hips Merchant Protocol is not only designed for Ethereum , but also on Solana, an incredibly fast public blockchain that can support more than 50,000 transactions per second, has lock times of 400 milliseconds, and a transaction cost of approximately $ 0.00001 ”, Cavebring points out. With near-real-time transaction speeds, plus the Hips Merchant Blockchain is designed for business transactions regardless of whether they are mobile, in-store, or e-commerce, and utilizes the payment card industry exchange concept, HIPS provides a solution for crypto payments to be obtained worldwide. global consumer adoption.
Long
by UnknownUnicorn13086959