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Showing posts from February, 2023

Polygon Reaches An Oversold Region And Can Hold Above $1.00

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Feb 28, 2023 at 09:34 // Price Author Coin Idol Polygon (MATIC) price is falling as it breaks below the 21-day line SMA. Polygon price long-term forecast: bearish The current uptrend is over as it was rejected at the high of $1.54. Similarly, bearish exhaustion has been reached by selling pressure. The market has dipped into oversold territory on the shorter term horizon. Moreover, the Polygon between the moving average lines has declined. The altcoin may resume its movement between the moving average lines when the selling pressure subsides. If the crypt...

Klaytn Price Rally To $1 Imminent After KLAY Tokenomics Optimization Proposal

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Klaytn price uptrend holds in place despite a generally depressed price action witnessed in the crypto market over the last week. CLAY, the token built around the metaverse, gamefi, and the creator economy, is up 54% in 14 days to trade at $0.30. Klaytn price has a long way to go despite the rally from early January, considering it is exchanging hands 93% below its all-time high of $4.34 on 30 March 2021. Klaytn Foundation Proposes New Tokenomics According to the Klaytn Foundation, the network has approximately 11 billion KLAY in total supply, as of February 2023. Of this, 3.073 billion KLAY are currently in circulation. Following a careful study, the team believes that some changes must be adopted to secure a more sustainable token economy. For that reason, the Klaytn Foundation has recently “proposed the immediate burn and removal of 5.28 billion KLAY that has not been used in the last 3 years and 8 months, out of the initial issuance reserve of approximately 7.48 billion KLA...

Bitcoin Price Prediction for Today, February 26: BTC/USD May Consolidate Above $24,000

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Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $24,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $23,484 Bitcoin market cap – $453.2 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $28,000, $29,000, $30,000 Support Levels: $19,000, $18,000, $17,000 The daily chart reveals that BTC/USD couldn’t break the resistance level of $23,500 with the current consolidation pattern once again as it fails to cross above the 9-day moving average. The Bitcoin (BTC) begins the day off by trending higher toward the north only to roll over and fall lower to trade back inside the channel. Similarly, the first level of support could be lo...

Ethereum Pulls Back And Holds Above $1,500

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Feb 25, 2023 at 08:52 // Price Author Coin Idol Ethereum price (ETH) has fallen into the downtrend zone. Although it has risen above the 50-day line SMA, it is falling below the 21-day line SMA. Long-term analysis of the Ethereum price: bullish In other words, the moving average lines are where Ether is trading. If the largest altcoin is trapped between the moving averages, the decline will stall above $1,500. On the other hand, if the bears break below the moving averages, the decline will end at a low of $1,200. ETHthe /USD suffered a setback today afte...

7 Cryptocurrencies on Listing Charts Soon

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Join Our Telegram channel to stay up to date on breaking news coverage 2022’s bear market was particularly volatile, and its effects on the price charts are still pretty much active. Therefore, that year has seen many investors wanting to become early movers by investing in presale projects. 2023 is no different. Many of the major crypto presales are happening right now, and many of them are close to ending. And once they do, they will end on the listing charts, creating a listing pump for those who moved in early. Here are the cryptocurrencies that are coming on the listing charts soon. Cryptocurrencies Coming to The Listing Charts Soon 2023 has already seen many successful presales, and their listing process is underway. With listing comes a listing pump which will inflate the gains for early movers. Meta Masters Guild The first one on our list is a presale that has just recently ended with flying colors. Meta Masters Guild is the world’s first mobile-focused g...

Shiba Inu: Investment of $3,400 Turns Into $1.55 Billion in 14 Months

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In 1983, the British rock band Eurythmics wrote, “Sweet dreams are made of this, everybody’s looking for something” . The track ‘sweet dreams’ talks about ‘human wants’, and how the majority of people will not get the things that they truly desire. Ultimately, the song has an uplifting message encouraging listeners to “hold your head up” and “keep moving on” until the goal is reached. One such Shiba Inu investor turned the tide and went on to the other side saying ‘ yes, sweet dreams are indeed made of these ‘. A Shiba Inu investor earned billions after entering into SHIB early and made generational wealth in just 14 months. Also Read: Exclusive: ‘I’ll Cry When Shiba Inu Reaches $0.01′ Shiba Inu: Investor Makes $1.55 Billion From A $3,400 Investment Source: Unsplash A Shiba Inu investor purchased $3,400 worth of SHIB tokens during its inception in August 2020. SHIB was trading at a modest pr...

This New Crypto is Making Real Estate Investment Accessible to Everyone With $100 NFTs – Here’s How it Works

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Join Our Telegram channel to stay up to date on breaking news coverage The real estate market is booming, but individual investors can’t still get on it thanks to the rising real estate costs. Blockchain technology has come up with the solution for this problem with fractional ownership – and Metropoly is the first one to do it with style. Metropoly introduces an NFT-based marketplace that offers an entirely new way for people to invest in the real estate market. It is raising the standards for an average real estate investor. Metropoly Makes Real Estate Investments Accessible to Everyone The shortage of housing options and increase in housing prices has become a head-scratching matter for most common folks, as the median house price-to-income ratio has become one of the highest across the world, especially in the United States. Rising inflation doesn’t help make real estate investments more affordable, risking the security of having a home for many people. ...

Mr․ Satoshi Is The New Premium Bitcoin Apparel Store You Do Not Want to Miss

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A new player has entered the Bitcoin apparel market and is quickly making a name for themselves. Founded by Bailey Jakob , an Australian-born entrepreneur and Bitcoin enthusiast, Mr. Satoshi has quickly become the go-to brand for high quality and professionally designed Bitcoin clothing. Mr. Satoshi is a new U.S. based premium Bitcoin apparel store that is making waves throughout the Bitcoin community with their high quality & luxuriously designed Bitcoin apparel. Mr. Satoshi launched on January 4th and in their first month, saw more than 20,000 individual visitors to their store, and a surge in social media followers. Bailey explained his motivation behind creating the Bitcoin clothing line was from his growing frustration with the lack of quality Bitcoin apparel, with designs that look good and do not scream “Crypto”. “In October 2022, I was searching online for a Bitcoin-based t-shirt for myself. After an hour scrolling through a dozen online Bitcoin stores, I gave up. Eithe...

Biggest Crypto Gainers Today February 21 – CFX, NEO, FGHT, CCHG, TARO

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Join Our Telegram channel to stay up to date on breaking news coverage The current market is volatile, which makes it challenging to fish through the sea of crypto information available online to find that one token which may suit your requirements. Thus, we have scanned through and prepared a list of today ’ s top crypto gainers. Read on to find out more about them. Conflux Network (CFX) Conflux, or CFX, is emerging to be a top-performing cryptocurrency this year. Conflux is China ’ s only public blockchain which is set to bridge the gap between blockchain technology of the East and West. It is also known as the Shanghai Tree-Graph Blockchain Research Institute and was initiated by Dr. Long Fan. According to its official website, Conflux is an intellectual property that creatively develops the structure of the Tree Graph. It is set to improve on the drawbacks of the transactional system of the existing blockchain technology. Conflux can achieve a high ‘ tran...