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Tag: Crypto

MyNeighbourAlice (ALICE) – On the Verge of a Breakout?

My Neighbor Alice, or MNA, is a new multiplayer building game with a fun player-driven storyline and easy blockchain-powered features that hope to appeal to the general gaming community.

The game is set in Alice’s universe and offers a series of islands where players can purchase and expand plots of land by filling them with their inventions.

Price Movement

ALICE is currently trading at $14.09 at the time of writing. In the last 24 hours, the price of the coin has risen by about 6%. The day’s high and low points are about $14.30 and $13.29. On the other hand, the daily trade volume jumped by about 51.69 percent in a single day. ALICE is ranked 154th in terms of market capital on coinmarketcap, with a market dominance of 0.02 percent.

Before the fall, ALICE had reached an all-time high of roughly $60 in March 2021. During the downturn, ALICE formed a bottom and fell to $3.17 in June. The coin displayed reversal, just like many other coins, but it wasn’t powerful enough. Since then, It has gone on to make new higher highs and lower lows.

It has a total supply of roughly 100M tokens, with around 30M in circulation. ALICE can be purchased on a variety of exchanges, including KuCoin, Binance, and FTX.

Technical Analysis – MyNeighbourAlice (ALICE)

ALICE had a really clean chart. The price was continuously creating higher highs and higher lows. The price went on to create an impulsive high. After that, it failed to create a new high and the structure broke. After that, the price went down and all the gains got removed. It came down to the same level from where it got shot upwards.

After this drop, for the next few days, the price went into consolidation and is currently ranging. Now there is no reason for the price to go down again and we can look for a possible length for the price.

Price Prediction – MyNeighbourAlice (ALICE)

ALICE has been one of the market’s most optimistic cryptocurrencies. ALICE is predicted to reach $19.236 in one year, according to Walletinvestor. It is predicted to reach $46.287 in five years. This suggests that ALICE has a lot of potentials and can generate a lot of money, but experts believe it won’t be long before it achieves new all-time highs and trades above $60.

January 6, 2022
WinkLink (WINk) – Off to Bullish Movement?

The TRON ecosystem’s first project to integrate the real world with the blockchain is WINk. Its goal is to assist in real-life situations. Wink is a renowned gaming platform dedicated to bringing high-quality decentralized applications to the masses. TRONBet was the platform’s name until mid-July when it was renamed Wink and their own native token, WINkLink, was created. TRONBet was the TRC network’s first decentralized application. Developers can use a variety of tools on the platform to create unique dApps in the game business.

Price Movement – Winklink (WIN)

The wink coin has a massive supply of roughly 999 billion tokens. Around 96 percent have been distributed in the market, according to coinmarketcap. As a result of this massive supply, wink has become extremely volatile, with many surprising reactions to various zones.

At the time of writing, the price of WINkLink is about $0.000458, up only one percent in a day and down around 10 percent in the previous seven days. The volume today has increased by almost 14%. The new volume is around $314M.

Overall in the month of December, we have seen a decrease of almost 33%. According to its market cap, the currency is ranked 152. WIN ATH is now around $0.002970.

Technical Analysis – WinkLink (WINk)

Wink has been bearish for a lot of time. The price had been creating lower lows for quite some time and the price had been decreasing. During the drop in the price, WINK created an order block on the daily time frame. This order block hasn’t been mitigated to date. This can drive the price upwards.

Now the price has created a structural low. The price of WINK has slowed down which means that the bears are losing their steam. Now, as a result, we can expect a move from the coin very soon. The target for this move could be the order block that lies above from where the major red candles had been printed.

Price Prediction – WinkLink (WINk)

According to Walletinvestor WinkLink is not a good investment. According to their prediction, the price of Wink is to decrease to almost half of what it is right now. They think that in one year, the price is to reach a value of almost $0.000274 in one year. But traders are quite optimistic about the price movement and think that it would be valued much more in the future.

January 6, 2022
Skale Network (SKL) – Technical Analysis

SKALE is a scaling network for Ethereum that is defined as a flexible network. The decentralized initiative focuses on decreasing latency and ensuring that transactions may be done as effectively as they can be, in addition to increasing transaction capacity. Those that develop on this platform, according to SKALE, may run Solidity smart contracts “thousands of times faster for a fraction of the mainnet cost,” with games and multimedia video sites among the applications that already use its technology.

Price Movement – Skale Network (SKL)

SKL is now trading at $0.2169, up over 5% in the previous 24 hours, at the time of writing this post.

Within this time window, the low was around $0.1988 and the high was around $0.2185. According to the most recent data given by the coin market cap, the coin has risen to 121st place as a result of being on many traders’ watchlists. It is currently one of the top gainers.

SKL approached its new All-Time High around the price of $1.07 during the month of March. It was a quick upward surge, but the price quickly retraced. Today’s trading volume, on the other hand, has risen by over 74.04 percent.

The top exchanges for trading SKL are currently Binance, OKEx, Huobi Global.

Technical Analysis

SKL has a really clean chart. Before the drop in the price of the coin, SKL had been ranging and moving upwards. This kind of movement shows bearish sentiment and calls for a drop in the price which is exactly what happened. After the drop, the price of SKL dropped down and during this bearish move, the price created an order block on the daily time frame which hasn’t been mitigated to date.

Now at the lowest, we have seen a formation of a potential double bottom. This formation is a signal that the price is soon to move upwards. As a result, SKL is bullish. We can expect the price to tap in the daily order block that lies above. From there we can expect a reaction from the price of SKL.

Price Prediction – Skale Network (SKL)

Walletinvestor thinks that Skale is a good investment. But the one-year projection according to the website is very low. In one year, the price is expected to reach a value of $0.2100 which is less than the current value. But the five-year projection puts SKL at a value of $0.225.

January 6, 2022
TERRA (LUNA) – Where will it move Now?

According to coinmarketcap, the total supply of LUNA is around 832M LUNA and less than half of them around 360M of the LUNA are in circulation at the moment. It holds the 9th rank according to market cap and has a market dominance of 1.43%.

At the time of writing LUNA is being traded at the price of $88.14 with a decrease of almost 5.38% in the last 24 hours. The maximum and minimum today are $93.67 and $86.66 respectively. The daily trading volume on the other hand has increased by almost 17%. LUNA had created its ATH in December 2021 and reached a price of almost $103.60. The price during the crash dropped down to a price of almost $3.91 in the month of July 2021. The price started to show reversal but like a lot of coins, and soon it created a new all-time high. Overall the price is making higher highs and higher lows. In January, we saw an increase of almost 3%.

Technical Analysis – TERRA

LUNA had been one of the strong coins, the price of the coin was continuously increasing even when the price of BTC was dropping down. It had decoupled from BTC and continued to rise up. Now it looks like that the coin has run off steam.

Luna has failed to create a new higher high and it looks like it will drop down. We can see that during these impulsive moves upwards, LUNA had left an imbalance in the price. As a result, we can expect a drop in the price of coins.

If we draw a Fibo we can see that the range between $75 and $80 aligns with the golden zone of the Fibo level from the top. This is also the zone where the imbalance is present. This is an additional confluence to the price movement.

Price Prediction – TERRA (LUNA)

LUNA is a good investment and is going to provide great returns. Wallet investor considers LUNA to be a good investment as well. According to them, in a year the price is expected to reach a value of $208.275. In five years the price is expected to reach a value of $679.124. Traders on the other hand are very bullish on the price and think that it wouldn’t be long before LUNA moves up to create a new ATH.

January 5, 2022
Velas (VLX) – What is the Chart Showing Us?

At the time of writing, VLX is being traded at the price of $0.4621. The price of the coin has increased by almost 10% in the past 24 hours. The maximum and minimum of the day are around $0.4919 and $0.4202. The daily trading volume has on the other hand has also increased by almost 103.68% in one day. It is listed on coinmarketcap at 93rd spot according to market capital and has a market dominance of 0.05%.

VLX before the crash had achieved its all-time high around the price of $5 in May 2021. During the crash, VLX created a bottom and dropped down to $0.035 in the month of June. Just like many other coins, the coin showed reversal but it wasn’t strong enough. It eventually went on to create new higher highs and lower lows since then.

VLX has a total supply of around 2.24B tokens and all of them are in the circulation i.ie around 2.24B. It can be traded at a lot of different exchanges such as KuCoin, HitBTC, Gate.io.

Technical Analysis – Velas (VLX)

VLX has a really clean chart. We can see that the price of the coin had been dropping continuously a few days back. It was a constant decrease in the price but eventually, the bears lost momentum. That is when the price of VLX showed reversal. It remained there for two or three days and then shot upwards by printing big green candles.

Now during the drop, VLX had created a daily order block. It had also left an imbalance due to the presence of a wick. The middle point of the wick also coincides with the daily order block. We can expect the price of VLX to drop down after it mitigates that level. A drop till the imbalance zone and the breaker can be expected of the price from where we can look for a possible long.

Price Prediction – Velas (VLX)

VLX has been one of the highly bullish coins in the market. According to wallet investor, VLX in one year is expected to reach a value of $0.730. In five years, it is expected to touch $2.044. This shows that VLX has a huge amount of potential in it and would give an amazing return but traders think that it wouldn’t be long before it reaches a new all-time high and starts trading above $2.

January 5, 2022
What is CELO? Use phone for Transaction

People use a variety of apps to send money to one another, and these apps have simplified their life. Rather than going somewhere physically, even if it’s just to the bank. Money transfer has become as simple as a few mouse clicks thanks to these apps. These programs are centralized by their very nature. Because of their easy and engaging user interface, they are becoming increasingly popular. What if we took this project and put it on the blockchain? (At this point, Celo joins the conversation.)

Celo makes utilizing your phone to transact simply. It uses the same principle of money transfer to bring the benefits of blockchain to everyday people. Increased security, secure transfer, and transactions are all possible as a result of this. It hosts smart contracts and decentralized applications (dApps), which allow users to interact with the decentralized environment. Unlike most wallet addresses, which contain an average of 42 letters that are nearly impossible to remember, Celo uses your phone number as a wallet address, allowing you to use the network without having to look for addresses while on the go.

Celo, the ecosystem’s native token, is used to pay for network transactions, gas fees, and governance votes. CUSDT, CELO’s stablecoin, has a direct effect on its price. The price of the coin swings enough that the stablecoin stays at $1.

Price Movement

At the time of writing this article, CELO has a value of $5.51 (11.13% increase today) with a trading volume of $96,616,448 with an increase of about 98% over the past 24 hours. The price has shown a strong move today. It highest value today is around $5.51 and the lowest value it attained is around $4.85.

CELO is listed on coinmarketcap in 68th place. It has a negligible market dominance of about 0.09%. It had created its all-time high around the price of $10.597 in August 2021. CELO later dropped to the price of $3.786 in September from where it showed reversal. It has a circulating supply of about 387M. CELO has a total supply of about 1B.

Price Prediction – CELO

The coin also seems to have a good future. Walletinvestor expects a value of $7.424 by the end of the year and positive growth throughout the next five years. In 2025, it is expected to be around $17.100. A lot of traders had been bullish regarding the price of Celo and expected that it would reach higher highs before the end of the year. They think that it would surpass the predictions soon without waiting for a five-year time.

January 4, 2022
Internet Computer (ICP) – What is the Chart showing us

The native token of Internet Computer is ICP. Just like many other coins ICP also depends on the movement of BTC.

At the time of writing, ICP is being traded at the rate of $31.70 with an increase of almost 16% within the last 24 hours.

The low within this tenure was around $27.23 and the high was approximately $31.70. The coin as being in the watchlist of many traders makes it rank all the way up to number 30th according to the latest data released by coin market cap. It is one of the top gainers today.

ICP during the month of May approached its new All-time High around the price of $2,831. It was a fast wick upwards but soon, the price retraced back. The trading volume today on the other hand has also increased by almost 132%.

The top exchanges for trading ICP are currently Binance, OKEx, Huobi Global.

Technical Analysis – Internet Computer (ICP)

As shown in our analysis which you can find here, the ICP has shown the same movement as predicted. ICP is up to the level that had been shown. Now overall the price is bullish but we can expect a few setbacks during the tagging of the final target.

The first reason for the price to go up was the presence of imbalance above. Now the price has broken structure and we can see that it has created a higher high. The price of ICP has tagged the imbalance zone and we can expect a reaction from the price at this point. If the price stabilizes itself here we can look for another higher high. If it doesn’t we can expect a drop in the price of ICP. Right now we can expect the creation of a higher low. As the imbalance has also been mitigated and a new zone has also been created.

Price Prediction – Internet Computer

ICP has been one of the slow gainers in the market. According to wallet investor, the price of ICP is to reach a value of $1.736 in a year. For five year plan, wallet investors think that the price is to reach a value of $0.341. This means that the coin is considered a bad investment. Traders on the other hand are quite bullish on the movement and think that soon it would soon be trading above $100.

January 4, 2022
Aave (AAVE) – What can we Expect?

At the time of writing AAVE is being traded at the rate of $264.74 with a decrease of almost 5% within the last 24 hours.

The low within this tenure was around $254.82 and the high was approximately $278.23. The coin as being in the watchlist of many traders makes it rank all the way up to number 49th according to the latest data released by coin market cap.

AAVE made its all-time high in the month of May 2021 where it reached an enormous amount of $668. At the moment it has a daily volume of $505,691,969 with an increase of about 4% within the last 24 hours. The total supply of AAVE is now around 16M and the circulating supply is also 12M. AAVE has a dominance of 0.16%.

The top exchanges for trading it are currently Binance, Huobi Global, KuCoin.

Technical Analysis – Aave

AAVE had been one of the bearish coins in the market. During the drop of BTC, it had been struck hard and had been damaged a lot. We can see that the drop in the price, had created a daily order block that has remained unmitigated to date. The price had dropped down really fast from where it had shown a reversal.

The price had created a cup and eventually rose back up and completed the pattern. At this point, the price of the coin stabilized above the support and flipped the supply and demand zone.

Now the price has been consolidating above the support. It looks like that that the cup and handle formation has been completed. At this point, the price of the coin is bullish and soon we can expect a move upwards which will tag the order block present above.

Price Prediction

AAVE has been one of the most successful and powerful coins. The people have gained a lot, based on this coin. In the long run, traders are highly bullish on the project. The price of AAVE has retraced back and is around the same price it had around the month of July 2021. According to the wallet investor, AAVE is a good investment. The price of the coin is to reach a value of $114.266 in a year. This means that wallet investors don’t think that AAVE is a good investment. But traders surely are bullish on the project.

January 4, 2022
What do you need to know about Kadena (KDA)

The Kadena (KDA) blockchain is a public and private blockchain. That is, it includes characteristics of both public and private blockchains: public blockchain, which fosters growth by not limiting the number of users and is open to all, and private blockchain, which restricts access to the blockchain and requires users to get access to the network before using it. In a hybrid blockchain, even if the blockchain is open to everyone, it still has attributes like integrity, transparency, and security. The Kadena blockchain intends to be both a public and private blockchain.

Along with Pact, the safest smart contract language, Kadena provides the first scalable layer 1 PoW blockchain. After establishing JP Morgan’s first blockchain and serving as the tech lead for the SEC’s first Crypto Committee, @SirLensALot and @wjmartino launched the startup.

Cryptocurrency, although being a revolutionary cry against despotic Big Finance, nevertheless has an energy issue. Bitcoin mining uses a significant amount of fossil fuels. Since then, a slew of new cryptocurrencies has emerged in an attempt to make cryptocurrency mining more feasible and ecologically friendly. The Proof-of-Stake vs. Proof-of-Work debate is centered on this, as well as the issue of scalability. Kadena went with the Proof-of-Work POW method. Although the POW technique has a scalability issue, Kadena looks to have solved the problem. Later this year, testing will be conducted to see whether Kadena’s (KDA) claim of 100,000 TPS is accurate.

Price Movement

At the time of writing, KDA is being traded at the price of $11.59 with a decrease of almost 6% in the last 24 hours. KDA is a really strong token fundamentally. The maximum and minimum today are $12.43 and $11.13 respectively. The daily trading volume has increased by almost 43.60%. KDA had created its ATH in May 2021 and reached a price of almost $88. KDA has a circulating supply of almost 166M coins and a total supply of almost 1B. It is listed on coinmarketcap at rank 71st. It can be exchanged on KuCoin, Gate.io, Hotbit.

Price Prediction – Kadena (KDA)

According to wallet investor thinks that KDA is a good investment. According to them, in one year, KDA would be worth around $33.936. In five years, the price is expected to reach a value of $121.860. Investors are quite bullish on the project and are hoping for the best and that it would reach new heights within no time.

January 4, 2022
What is Sapphire (SAPP) – The Payment Method

Sapphire coins (SAPP coins) are to be utilized as a stable method of payment in the real economy and will be distributed solely to reliable partners who offer value to the project.

The creators of SAPP understand the pains of early tech adopters and the futility of ICOs and IEOs. They always have a clear, defined purpose in mind when dealing with challenges.

The project’s purpose is to create a coin that is simple to use, provides quick money transfers, is widely utilized and desired, and, most all, lives and breathes with its community.

Masternodes:

Supplying a Masternode that works on a proof-of-stake (PoS) basis is a fascinating approach to generate cash by providing technology.

A Masternode, like any other complete node, is first and foremost a network node server. Full nodes are crucial because they process and store transactions in the blockchain.

The operator, on the other hand, has tasks and permissions that a regular full node operator does not. The operator is rewarded handsomely for this. They must deposit a certain amount of coins in order to attain the status of a Masternode. He earns prizes based on the equivalent Coins for this, as well as for completing tasks and providing computing power and storage space (Proof-of-Stake).

To become a Masternode operator, you must first deposit the required amount of coins into the network. The SAPP masternodes are expected to get 95% of the block reward.

According to official data, they are partners with ConGecko, coinlib Trittum, and many more in the world of cryptocurrencies.

Price Movement

At the time of writing SAPP is being traded at the price of $0.4651. The price has increased by almost 6% in the last 24 hours. SAPP is a really strong token fundamentally. The maximum and minimum today are $0.4694 and $0.4389 respectively. The daily trading volume has increased by almost 7.88%. SAPP had created its ATH in September 2021 and reached a price of almost $0.5548. SAPP has a circulating supply of almost 537M coins and a total supply of almost 557M. It is listed on coinmarketcap at rank 280th. It can be exchanged on Finexbox, Crex24, Birake Network.

Price Prediction – Sapphire (SAPP)

According to wallet investor thinks that SAPP is a good investment. According to them, in one year, SAPP would be worth around $0.853. The price is expected to reach a value of $2.432 in five years.

January 4, 2022