Following severe selling pressure at the start of 2022, TLOS has risen almost 230 percent from its lowest price this year. When crypto-assets hit all-time highs, they typically experience a pullback, and TLOS is no exception. Bullish Scenario: It will be a bullish indication if TLOS is able to break over the $0.76 resistance level after a retest of the $0.58...
Bullish Scenario: BTC needs to break the bearish downtrend line followed by breaking past the $42,286 resistance level for a short-term bullish bias. If $42,286 resistance level flips to support and the resistance level at $44,245 breaks then we could start seeing a move towards $47,050 and above. Bearish Scenario: BTC price is fighting to break through the...
Bullish Scenario: On a higher time frame, such as the daily(D), XCAD has broken the bearish downtrend line. It is now trading above the $3.6 support zone. If it remains above this zone and the $5.0 resistance level is broken, we could witness a move towards $5.6, $6.4, and much higher. Bearish Scenario: We’re witnessing some early indicators of bullish momentum,...
Bullish Scenario: ANKR could retrace back to $0.06 support levels. If ANKR manages to break over the resistance level at $0.10 after retracements, it will be bullish. With sufficient purchasing activity, breaking above the $0.12 price barrier will lead to a move towards $0.14 and higher. Bearish Scenario: We don’t have a strong positive bias for the long-term...
On Thursday, the price of TRX skyrocketed when Justin Sun announced plans for a new stablecoin. TRX hit a high of $0.074, the highest since April 4th. However, following Jerome Powell’s hawkish remarks, these gains were short-lived. Bullish Scenario: TRX may retrace back to $0.06 support levels. If TRX manages to break over the resistance level at $0.074 after...
After Ox joined with Coinbase, the world's second-largest cryptocurrency company, the price of ZRX skyrocketed. Coinbase's non-fungible token (NFT) marketplace now includes Ox as its blockchain supplier. As a result, its coin price is rising as investors believe that this is a validation of the network. Bullish Scenario: Before the Coinbase alliance, the ZRX...
Moonbeam is a Polkadot parachain that aims to improve multichain compatibility with Ethereum and other networks. Moonbeam is a smart contract parachain whose objective is to make Ethereum developer tools more accessible to individuals. Moonbeams has permitted balance transfers and the Ethereum Virtual Machine ( EVM ) on its network, which is one of its...
The Secret Network distinguishes itself by emphasizing data privacy and end-to-end encryption, which Ethereum and other blockchains do not provide. Secret node operators, in contrast to other public blockchains, use specialized hardware to run code in secure enclaves known as Trusted Execution Environments (TEEs). Let us review the SCRT price: Bullish Scenario:...
Bullish Scenario: NEAR broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone of $14. If it stays above this zone and the resistance level at $17.95 is broken then we could start seeing a move towards $20.60, $23.80 and above. Bearish Scenario: NEAR has been in an uptrend channel since the last few weeks but...
For the First Time in 12.4 Years, Bitcoin Addresses Holding 100 BTC Have Been Activated. Bitcoin whales have recently become more active, purchasing more of the digital commodity in anticipation of a price increase. As a result, static addresses are once again being used. Bullish Scenario: BTC was around $48,000 resistance level and couldn’t break through, thus...
Bullish Scenario: If SOL manages to break above the resistance level at $148.20 after a retest to 116.83 and $104.26 support levels then it would be a bullish sign. There will be a higher chance that we might test the next resistance level at $168 and $188. Breaking above $188 price level with significant buying volume will lead to a good chance of crossing above...
Bullish Scenario: ADA is trading above the $1.05 support level. If the current support level is held in the coming days and the $1.16 resistance level is broken, we could see a move towards $1.42, $1.58 and above. Bearish Scenario: Since a few weeks, ADA has been in a uptrend channel on a lower time like 4hour,(4H),daily,etc but we can’t ignore the bearish...
Kava is based on Cosmos and ensures network integrity through a Tendermint-based proof-of-stake (POS) consensus mechanism. It confirms transactions through a network of validator nodes. The system is governed by KAVA holders, who vote on smart contract and operational parameter suggestions. Kava holders can run a staking node to directly obtain KAVA rewards via...
Polygon (MATIC) is a scaling solution for Ethereum, hence its price is significantly influenced by what is going on there. In the coming weeks, Ethereum 2.0 should be released there. This could result in enormous price increases for Ethereum and Polygon in the coming months. There are, nevertheless, a number of unsolved questions. Another scaling solution may...
Utrust (UTK) coins were created to address some of the issues that have contributed to cryptocurrencies' limited acceptability as a payment method, such as transactional security and expensive fees. As a result, the platform's main purpose is to create a system that allows consumers to conduct low-cost crypto transactions with quick confirmation times and no...