Crypto news

XRP/USD – XRP Pushes Back Above $1. Key Support Levels: $1.00, $0.9, $0.875.Key Resistance Levels: $1.10, $1.25, $1.30. Last week, XRP was trading inside a range between $1.00 and support at $0.875 (.618 Fib). It rebounded from the support on Wednesday, which allowed it to surge back above $1.00 on Friday. Unfortunately, the cryptocurrency could not pass resistance at $1.10 (50-day MA) over the weekend and has since dropped to $1.05, where it currently trades. A break above...

BENQI, an algorithmic liquidity market protocol on the Avalanche blockchain network, has announced Monday the launch of a $4 million second phase of its ongoing Avalanche Rush incentive program.  According to a press release shared with CryptoPotato, the second phase of the initiative will last for 45 days. $180M Incentive Program on Avalanche The Avalanche Rush is a $180 million liquidity mining incentive program that seeks to onboard some of the best DeFi protocols to the...

[PRESS RELEASE – Lisbon, Portugal, 4th October 2021] Today, Polkastarter announced the successful upgrade to their IDO platform, Polkastarter V2, nearly one year after starting the project. After a year of incredible growth, the development team released a number of major updates to the platform that will improve the customer experience, streamline UI, and offer new opportunities for users to engage more deeply with the platform. Among the new features, Polkastarter V2 has...

Axie Infinity brings forward a universe that’s expired by Pokémon where players can earn tokens through contributions to the ecosystem and skilled gameplay. Users are able to collect, battle, raise, and build the kingdoms their virtual pets deserve. The biggest difference between traditional games and Axie is that the blockchain-based economic design is used to reward Axie’s players for their contributions to the ecosystem. This is a relatively new model of gaming that has...

ETH/USD – Ether Breaks 50-day MA Key Support Levels: $3300, $3150, $3000.Key Resistance Levels: $3600, $3790, $4000.x Etheruem found support at $2770 (.786 Fib & 100-day MA) on Wednesday and has been increasing ever since. On Thursday, ETH managed to break a descending trend line as it passed the 20-day MA to reach the 50-day MA. Over the weekend, ETH continued above the 50-day MA as it broke resistance at $3350 reach as high as $3485. It has since rolled over and is now...

September was a volatile month full of liquidation events, FUD, global risk-off, uncertainty over monetary policy, and a rising dollar. Yet, Bitcoin managed to hold the larger technical structure at $40k while maintaining the bullish trend in on-chain metrics. BTC has shown tremendous strength in the past week by closing back above the rising trend line at $44k, reclaiming $45.2k, the critical 200-day moving average, and printing a bullish engulfing candle. Bitcoin also...

Octaplex Joins Coinpresso for Specialist Marketing Services Today, it’s been announced that the Octaplex Network – has signed as a marketing partner to Coinpresso. In doing so, Octaplex has engaged specialist marketing support from a crypto marketing agency in order to substantiate a long term future for the project, vs ‘pump and dump’ hype-scheme marketing seen throughout the scene today. As per the Coinpresso website, they claim status as the “Number One Crypto...

New York, New York / September 30, 2021 / Pocket Doge ($PDOGE), a project developed on the Binance Smartchain (BSC), has announced the launch of its first Play to Earn (P2E) blockchain game, allowing users to earn rewards; purchase of non-fungible tokens (NFTs) to use within the game will be available shortly.  Danger on BSC is the first in a series of planned P2E games, expanding the Pocket Pets ecosystem detailed in the company’s whitepaper.  A decentralized...

Stellar lumen price started a steady increase above $0.2800 against the US Dollar. XLM price is now trading above $0.2800 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2980 on the 4-hours chart (data feed via Kraken). The pair could correct lower, but dips are likely to remain supported near $0.2800. Stellar lumen price is trading well above $0.2800 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a steady increase above the $0.9500 resistance against the US dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $0.9350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could correct lower, but dips might remain attractive near $1.00 and $0.9800. Ripple price is showing positive signs above $0.9800 against the...