RavenDex unveils proposed DEX for the Cardano ecosystemRavenDex, a Cardano primarily based decentralized change (DEX) that when launched, will permit blockchain members and buyers to offer liquidity on any native Cardano (ADA) token and set up a market pair for others to switch the native tokens even as utilizing the security and occasional expenses of the Cardano blockchain.Ravendex is one of the first decentralized exchanges being constructed for the Cardano blockchain and they have released their front-cease demo on Monday which, while finished, will have a operating answer for the Cardano multiple transactions assignment.This comes days after their oversubscribed private sale round for early adopters that noticed them getting the software token RAVE at the cheapest rate.Ravendex targets to grow to be the leading DEX solution for the cardano surroundings and can be powered by RAVE, that can handiest be attained for now thru contributing to the Ravendex atmosphere as an early investor.Ravendex aims to get on board partners and buff up it’s improvement group with Plutus Pioneer alumni builders.
DEX
CAKE BULL RUNhi , our general opinion for cake is long in the longterm (when alt season begin),as you know in fib retracement between 0,786 and 0,618 zone is golden packet it means we should test it one day and our weakly strong support is 30$ and also 0,618 retracement is 30$ so our first target for cake is 30$ , second target is 44$ because its ATH . and as you see in the chart , cake make a descending chart pattern ( descending chart pattern in old market is a bearish but in new market like cryptocurrency is a bullish chart pattern) and it broke the pattern and our target based by pattern is 54,92$
$KMD/USDT 1D (Binance Spot) Descending trendline break & retestkomodoplatform.com is up-trending for a few months now and is very likely to continue bullish!
Komodo features AtomicDEX, a non-custodial wallet and atomic swap DEX rolled into one application.
Risk/Reward= 1:1.75 | 1:3.67 | 1:7.38
Expected Profit= +35.83% | +75.02% | +151.01%
Possible Loss= -20.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price:
1.1026
Entry Zone:
1.0960 - 0.9860
Take-Profit Targets:
1) 1.4140
2) 1.8220
3) 2.6130
Stop Targets:
1) 0.8280
MFI/WETH good place to buy and hold for possible 10xI've been dca'ing into MFI/WETH since 2m mrkt cap and I think this one does at least a 10x from here, maybe more once eth and avax runs up and profit taking trickles down into these low cap gems. Against usd, ATH was $3.93 back in April, down 81%. Easy 10x IMO/E. 100x isn't out of the question either.
MFI allows staking with very high APR (25% so far) on Marginswap, and the platform itself has a pretty good functioning protocol that I have used with no issues. Bond lending, staking and borrowing and trading on margin. I've played with both erc20 and avax on here.
marginswap.finance 0xaa4e3edb11afa93c41db59842b29de64b72e355b
XSN: Lightning DEX run by masternodes, 793x to match UNIFrom Stakenet:
"XSN is the first blockchain with Masternodes to ever be Lightning Network ready. This means XSN has instant, virtually feeless, and unlimited transactions per second, making it more valuable than most other cryptocurrencies whose only use-case is speed or scalability. It is also the first, next to Bitcoin and Litecoin, to ever perform Lightning Swaps. "
So, how is this any different from other DEX's/coins using the same buzzwords?
> Masternodes that actually provide value by running the DEX (and more)
> Lightning swaps: once your channel is open, high-frequency trading with fees a fraction of what other DEX's/CEX's charge
> Connext integration enables BTC/ETH crosschain swaps without wrapping/rollups
> Accessing DEX/trading done through XSN's multicurrency light wallet, or on the web-based DEX (Your keys, your coins)
MASTERNODE INCOME: Hosting the DEX
Owning a masternode will make users effectively partial owners of a cutting edge business. In addition to block rewards, MN's will receive orderbook hosting rewards for processing the DEX's transactions.
> Current XSN price: $0.16
> Current Masternode cost: $2,400
When XSN reaches #2 DEX SUSHISWAP's marketcap ($2.07b as of 10/7/21) each XSN Masternode will:
> Be worth $255,765
> Produce $7,500 monthly ($2,500 block / $5,000 orderbook hosting)
> Assuming $250m 24hr DEX volume
When XSN reaches #1 DEX UNI's marketcap ($13.6b as of 10/2/21) each XSN Masternode will:
> Be worth $1,665,000
> Produce $25,500 monthly ($16,000 block / $9,500 orderbook hosting)
> Assuming $890m 24hr DEX volume
XSN is delivering fully decentralized P2P Layer 2 trades. Masternode owners are the exchange owners.
QUICK/USDT Downtrend breakout. Massive undervalued coin. EOY?In case you miss a chart you can suggest it in the comments. Maybe we will cover it next time.
Intro:
- Quickswap is a permissionless decentralized exchange based on ETH, powered by the Polygon Network's Layer 2 scalability infrastructure.
- Quickswap runs on top of Polygon and therefore has low gas fees.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. Currently we hover above 400$.
- Volume starts to increase with some huge spikes in between. This is a signal that we probably have bottomed.
- RSI analysis confirms the breakout passing the 43 yellow line.
- Support lines are at 330$ and 150$.
- Resistance lines are at 775$, and 1100$.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. After the peak around 800$ we got hammered down to 330$ and expect to recover within this month.
- Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market.
- Polygon did not move during the last 3 months despite bullish news. Imagine Opensea runs on Polygon and people finally start appreciating Opensea and low gas fees.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- End of the year prediction: We will see a 4000$+ QUICK before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
ADAUSDT 1DHi everyone
ADA Technical Analysis
ADA has formed a descending angle pattern
This pattern suggests that ADA before reaching
Your next ascending targets,
There is currently room for reduction to lower levels
The first line of defense for ADA is 2.19
If the price of ADA loses this level of support
It could fall as low as $ 1.87
If ADA buyers return to the market
ADA first hurdle is the $ 2.36 level
The next resistance is at $ 2.41
What do you think of ADA move, regardless of the BTC move?
Thanks
RUNE look great? RUNE is a cross chain DEX....
Let's look for the price
- Trying to stand above Fib 0.618 again
- It will going fast and higher if the daily candle stand above 0.16
- Daily/ Weekly MACD also bullish.
My buy point: 9.8
SL: 9.2 - 9.4
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
BTS/USDT Bitshares is one of the best cryptocurrencies. He's preparing for a big rise. I think old coins that haven't moved will show a big increase in this bull. Bitshares is one of them. It has a hardworking and innovative team. I think it will make investors smile with good news in the near future. The chart is not my own work and investment advice. With love. ST
Kyber NetworkMy first check about project is simple : if i see they are listed on Coinbase + Kraken, it could means they have a good potential, for me if a project is listed only on Binance, is not enough, that said it does not mean the project is bad or will fail, but more premiums exchanges list it = more credibility. Kyber is listed everywhere.
What Is Kyber Network (KNC)?
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best rates.
What Makes Kyber Network Unique?
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange.
--------------------------------------------------------------------------
Trading Parts :
--------------------------------------------------------------------------
- Buy now a bit
- Rebuy more if back to 2$ ish
- Full Buy at 1.20$
- TP1 : 3.8$ (Security TP old ATH)
- TP2 : 5.5$ ( 161.8% Fibo )
- TP3 : 8$$ ( 261.8% Fibo)
--------------------------------------------------------------------------
Manage wisely your invests, Dyor projects & always have an eye on TheKing moves.
Happy Tr4Ding !
Uniswap Will Grow: Support & Resistance Everybody's favorite Unicorn in Cryptocurrency. Like most of the other alt-coins we've been hitting major resistance levels before the next major step-up. We formed a short term horizontal channel so we're moving sideways a bit. We'll see how long this holds. Once we break this resistance level of $31.30 we will be grinding towards re-testing all time highs in the weeks or months to come. If we don't hold our support we will most likely being going back down to the $20 levels.
There's a lot to be excited about in the next upcoming months for cryptocurrency. We're about to bullishly divergence on the weekly MACD which indicates some more positive momentum will be coming underway. Coins such as Uniswap will perform very well this cycle. It is still king of the Decentralized Exchanges and just recently become the first DEX to provide $1 Billion in fees for liquidity providers. Also I believe the effects of EIP-1559 Ethereum burning will have positive price impacts on Uniswap as time goes on. Uniswap is already a heavily adopted and functioning cryptocurrency with an actual operating product. The adoption and use case can only grow from here. Stay stacking!
Much peace, love, health, and wealth!
BTS/USDT short term analysisBTS/USDT short term analysis
It is a short term analysis. It will come to the $0.50 level as a priority. Of course, our first priority is $0.10. After a minor correction from the $0.50 level, the first target is $1. It will probably go further. Bitshares is a promising cryptocurrency.
o3.LONG.o3 swap is the first cross chain DEX. Currently, it has access to Heco, ETH, BSC, Neo, and will expand to Polkadot, Polygon, Solana, and other ecosystems in the future. Hidden gem IMO.NFA.DYOR.
XMR/BTC Atomic Swaps a major bullish technical developmentXMR can now be traded directly to Bitcoin without an intermediary exchange on their native Blockchains using a technology called an Atomic Swap. This differs greatly from other so called swap platforms that only allow internal trading between ERC20 tokens, the major difference being that the XMR/BTC swaps are trading actual coins with their own blockchains not wrapped coins or some other semantics. This has a few major implications for the future price of XMR we will explore in this analysis.
1. XMR/BTC Swaps are being added to both XMR Wallets such as Monerujo as well as popular Bitcoin wallets such as Samurai wallet. Greatly expanding the exposure of Monero to many BTC users who will be learning about its competitive features for the first time so we should expect some uptake of Monero from simple exposure as well as the low cost and ease diversifying some BTC to XMR. Many users find getting Monero more difficult than other tokens because exchanges like Coinbase do not list it even though they would like to have exposure.
2. This technology increases the regulatory resilience of privacy tokens because now anyone with XMR can get BTC and vice versa easily so banning privacy coins has no effect unless you ban all coins which can be traded for privacy coins through atomic swaps. Regulators have to balance the need to trace all transactions with protecting users against having their information exposed to bad actors and front runners. Monero has the ability to be semi transparent so users can pay taxes audit balances without giving everyone access to the sensitive user information. Monero will provide users the important protections they deserve and push regulators to take a balanced measured approach.
3. Monero fees are significantly lower than Bitcoins fees which means in any situation where both BTC and XMR are accepted users would be inclined to use the XMR to save the large fee. XMR is the only POW coins with such low fees and no ico, dev tax, pre mine, masternode, presale where in Monero everyone mines equally ( a key to bitcoins success and the thermodynamic underpinnings of the economic system ) which will in turn incentivize users to pay with Monero not Bitcoin.
4. It is cheaper for users to HODL Monero and convert it to Bitcoin where necessary than to HODL Bitcoin and convert it to Monero when necessary. Imagine Bob wants to buy steam cards and the site accepts both BTC and Monero. Bob realizes that when he pays with BTC his transaction fee is almost $20 and that when he pays with XMR his transaction fee is more like $0.2 but another site that Bob uses frequently accepts just Bitcoin. Bob realizes that if he keeps his money in Bitcoin it will cost him a high transaction fee every time he wants to convert it to Monero so he would never save anything by using Monero to buy his Steam cards because hed have to create Bitcoin transactions which defeats the point because now your paying $20 to convert the BTC into XMR and again to send the XMR to the merchant. By contrast if he keeps his money in Monero he will save where Monero is accepted and it will cost him just $0.2 to convert his Monero into Bitcoin when he needs or wants to.
5. Tari is a platform for issuing tokens ( like erc20) as an XMR sidechain. The atomic swaps will allow for easy conversion between Monero, Tari based tokens and Bitcoin without an intermediary. Most token platforms will be inclined to convert their platform over to Tari from ETH or Binance because its far more decentralized, easy to convert to both BTC and Monero, the tokens can be private or transparent and the transaction fees are much lower than ETH gas.
This also applies to Monero based alt coins such as WoWnero which can adopt the swap technology as well. ( If you use alts look for ones with no dev tax, presale, ico, POS, premine but rather a coin which everyone even the creators mine equally )
Are we ready for an upswing?1INCH has been on a skid since its last ATH on the 8th of May. But where it has stopped moving down has been at the exact save level that it has repeatedly tested since the end of April. Therefore, this looks like a good entry point.
If we take a look at the 1 hour chart we can see that the RSI has swung back in a positive direction. The MACD crossing the signal line would be more bullish confirmation.
If 1INCH is turning around it should easily be able to make back its previous losses and go up 30%, back to its .618 level.
I'm hesitant to think that 1INCH will make a new ATH here just because all of the negative BTC press from yesterday. Should that continue, we might have a few more red days in the market.
However, 1INCH is a solid project with good fundamentals that, I believe, is undervalued. This would be a good price to get in if you're looking for a good good DEX
Please like, comment, and follow for more!
Trade at your own risk.