Algorand (ALGO) is a promising project known for its efficient management of scalability, security, and decentralization. The long-term success of ALGO depends on broader adoption and leveraging its distinct features in the competitive blockchain market. Currently, ALGOUSD is holding a Weak Support at the $0.119 support level, presenting a potential for...
Recognizing a pattern in each valley of support/higher low here, there is a V-shaped incline trend upward in the form of a higher low. The time between each pump, after each V-shape retest of support, it has proven, in the first 2 V-shape moves to take exactly 1 month to test and fall back down for a higher low. After "1" it took about 11 to 12 days until its...
I have marked down the price ranges and their corrections, here is my analysis: Upward from here, to around 85k and have a correction down to 48k (or around 50k). It will then move up to 100k, have a correction down to 67k Building back up past the 100k mark, it will reach around 150k then have a minor correction down to 120k. Finding the bottom,...
First of all we stay macro bullish and believe in the blockchain technology that is the underlying technology of crypto currencies. Therefore we have a bullish bias but still try to give you an objective overview. Bitcoin tests the 40k region support indicated by the dark green line. We are currently in a downtrend and lost the crucial 46k support where also the...
Since the Buy signal from the ema and sma cross signalled on the 1st August, Avalanche (Avax) has been on a impulsive parabolic run, gaining over 400% in just over 24 days. Currently Avax is 10% from the ATH price @ $59.74, the price next target from here is at the 127.20% fibonacci level @ $73.49, 34% from the current price level. Please see previous analysis...
Kava approaching Buy Zone 1 again, some sweet gains to be made back to ATH levels. Re-entering in this Buy Zone. Update from 19/03/21 Excellent buy opportunity for a 30% Gain back to ATH price @ $7.42, our current price target is at the 127.20% Fibonacci level @ $8.67 (53% Gain). The price of KAVA broke down past the 13 EMA to test the 50 SMA , this downward...
Consensys is one of the main blockchain innovation firms, it is a New York-based firm established in 2014 by Joseph Lubin. Kavita Gupta leader of the ConsenSys joined the organization, ConsenSys Venture in 2017 as it was propelled in San Francisco, administrating the financial limit of $50 million subsidized by the Co-author of the Ethereum and ConsenSys, Joseph...