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Read More »Litecoin (LTC) Price Analysis: Risk of Sharp Losses Below $100
Litecoin failed to clear the $120 resistance and started a fresh decline against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $104 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a close below the $100 level. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price...
Read More »Top 10 NFT Marketplaces You Should Know in 2022
Tokenized assets and rare digital collectibles are raking in billions of dollars across NFT marketplaces, and everyone, including celebrities and top-notch artists, is looking for ways to take part in the craze. There are many platforms built on different blockchains that allow you to buy and sell non-fungible tokens. But before delving into the list of the top 10 best NFT marketplaces, let’s quickly look at the meaning of NFT and why there is a need for many NFT trading...
Read More »Outstanding Cardano-Based Projects in 2022
Developers who specialize in creating projects based on cryptocurrency can now heave a sigh of relief as they have more than Ethereum Blockchain as the foundation for their ideas. The Cardano Blockchain is another alternative where tons of projects have been built since its development. This article provides a list of some of the outstanding projects that are built on the Cardano Blockchain for investors to check out in 2022. Ardana Uniqueness is Ardana’s selling point....
Read More »NFTs Are In for a Massive Crash Like ICOs in 2019: Analyst
Non-fungible token marketplaces have shattered record-breaking trading volumes. But experts believe that the nascent space of NFT may see a crash soon that would mimic the 2019 ICO collapse. NFT Crash, If or When? An NFT crash may happen in the next six months. This was according to Ryan Carson, Chief Operating Officer, PROOF Collective, a podcast that covers the NFT ecosystem in-depth. His tweets regarding the same read, “The quick-flip 10k PFP projects, me-too derivs and...
Read More »Ethereum Price Analysis: ETH Collapses to $2.5K, Where to Next?
Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 The correction appears to have ended, at least in the short term, with the price touching the key support at $2,500. Now there is a worthy attempt to go higher towards the key resistance at $2,800. After closing in red for six consecutive days, ETH may finally have a green one. Chart by TradingViewTechnical Indicators Trading Volume: Today’s volume is rather weak. If the reversal is to be trusted, then...
Read More »A Contrast of the Most Popular Smart Contract Platforms
In 2021, many smart contract platforms competed for users’ attention and attempted to be the next Ethereum killer. The terms DeFi, GameFi, and NFT, have been all over the media lately, and any of these would not be possible without smart contracts. As more smart contract platforms are introduced, it becomes hard for newcomers to choose which is right for them. This article will examine some of the most popular smart contract platforms and share our hands-on experience...
Read More »Ethereum Price Analysis: ETH Dives Below $3K
Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $3,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,480 support zone. Ethereum price is gaining bearish momentum below $3,000 against the US Dollar. ETH/USD remains...
Read More »Ethereum Price Analysis: ETH Tumbles 18% in 4 Days, Will Key Support Level Hold?
The market took a nosedive over the weekend, and now ETH is on a clear path to retest the $2,500 support. According to market data by CoinGecko, ETH has been down 4% over the past day and 18% since Thursday. Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 With a bearish cross on MACD and plunging price, the outlook for ETH is not great. The rejection at the $2,800 resistance has intensified the sell-off. ETH is now heading towards the key support...
Read More »Market Watch: Bitcoin Plummets to a 2-Week Low at $38K
Bitcoin’s troubles only intensified in the past 24 hours as the asset dropped by a few thousand dollars again to a 16-day low of $38,000. The altcoins are deep in the red as well, with Ethereum at $2,600, Cardano well below $1, and AVAX beneath $80. Bitcoin Dumps Again It’s safe to say that bitcoin has seen better days which weren’t all that long ago. Just on Tuesday and Wednesday, the cryptocurrency recovered from its latest dump to $42,000 and jumped to nearly $45,000....
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