Key Support levels: $3,000, $2,750 Key Resistance levels: $3,600, $4,000 ETH has been in a flat trend around the $3,300 level for some time now, unable to rally or go much lower. A strange equilibrium between market forces has kept the cryptocurrency at this level for the past week. The support at $3,000 has not been retested, nor was the resistance at $3,600 put under any pressure. The result is a sideways price action that shows indecision. Chart by TradingViewTechnical...
Read More »Ripple Price Analysis: XRP Stuck in Consolidation, Big Move Coming Soon?
Key Support levels: $0.70 Key Resistance level: $0.85 The momentum was simply not there over the weekend to push the price higher and this led to today’s decline towards the key support at $0.70. The resistance at $0.85 is still far away and XRP appears unable to muster sufficient strength to go higher at this time. Chart by TradingViewTechnical Indicators Trading Volume: The low volume has sucked out the momentum from XRP which appears to suffer a pullback at the time of...
Read More »Singapore Urges Local Crypto Companies to Refrain From Promoting Digital Assets: Report
The city-state’s central bank – the Monetary Authority of Singapore (MAS) – reportedly issued guidelines that limit crypto trading service providers from promoting such assets. The financial institution believes dealing with digital assets is highly risky and unsuitable for every investor. In addition, Australia’s top financial watchdog – the Australian Securities and Investments Commission (ASIC) – advised locals to restrain from investing retirement savings into bitcoin and...
Read More »LBank Weekly Listing Report, 17th January 2022
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 17th Jan. For a more complete list please follow our twitter...
Read More »Silvano Announces Token Sale on P2PB2B For its Innovative Beef Management System
Silviano, a Brazilian cattle producer’s online management system, announced its token sale would go live on the P2PB2B exchange. The token sale will be live until Feb 15, following the token sale, the P2PB2B exchange will list the token. Silvano can greatly enhance beef production thanks to its cutting-edge technologies. It also aids in the monitoring of the cattle’s weight. Cattle farmers can apply it at any point in their animals’ lives. Silvano’s product line is aimed...
Read More »Win up to 3,000 USDT at LBank Exchange’s 100% Winning Lottery Event!
Isn’t it always nice to know that you are guaranteed to win? It’s not a dream as long as you participate in the latest lottery event hosted by LBank Exchange! With a 100% chance of winning, you may even end up bringing yourself great luck with the jackpot worth of 3,000 USDT as well as other exciting prizes! This lottery event will start from Jan. 14th, 2022 and end on Feb. 2nd, 2022 (UTC+8). You will receive the lottery code by simply completing designated tasks. Prizes...
Read More »Stellar Lumen (XLM) Price Remains at Risk of More Downsides
Stellar lumen price declined below the $0.2750 support zone against the US Dollar. XLM price is now trading below $0.2650 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2620 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2650. Stellar lumen price is trading in a bearish zone below $0.2800 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bears In Control Below $0.80
Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.7800 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.7600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it stays below the $0.8000 resistance. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar, like...
Read More »NFTs and Blockchain-Based Games on the Rise Despite the Recent Crypto Decline (Report)
The non-fungible token universe and blockchain-based games seem to have their own macro events that affect their growth. A set of reports by the analysis company DappRadar revealed that the number of NFT trades continues to increase gradually despite the adverse price movements in the digital asset industry. Additionally, the interest in blockchain-based games is also on the rise. NFTs and Blockchain Games Becoming More Popular Most cryptocurrencies have lost some price...
Read More »Decentraland Reveals Details on its Australia Open Coverage
Following its entrance into the metaverse, the Australian Open (AO) has announced that its virtual tennis tournament, dubbed AO Decentraland, will be launching next week. AO to Host Tennis Tournament in Metaverse As earlier reported, the Australian Open (AO), one of the world’s biggest tennis tournaments, partnered with leading virtual reality platform Decentraland to extend this year’s championship to the metaverse. According to an email shared with CryptoPotato today, AO...
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