STOCKS TELEGRAPH

Tag: walletinvestor

  • Convex Finance (CVX) – What is the Chart Showing Us?

    The price of CVX is about $20.80 at the CVX of writing, up 11 percent in a single day and the rest of the market is also in green. It is currently one of the top gainers. Today, the volume has climbed by over 136 percent. The overall new volume is estimated to be roughly $104 million.

    During this CVX, the low point was around $18.61 and the high point was around $30.10. According to the most recent data released by the coin market cap, the currency has risen to number 78th, indicating that it is on many traders’ watchlists.

    CVX reached a near-all-time high in December, hovering around $63. The CVX coin has a very small supply of roughly 100M coins. Around all percent have been distributed in the market, according to coinmarketcap. As a result of this small supply, CVX has become gained a huge price with just a small market cap as compared to other coins.

    Technical Analysis –  Convex Finance

    Moving down to the technical portion and starting from the Weekly Time Frame, for the past 6 weeks CVX has been printing bearish candles which have made a significant decrease in the value of the price. After this coin was launched on Binance, it went all the way up to $63.11, and afterward, it dropped hard till $16.21. Now as the price has an impulse down, on Lower Time Frame a correction of this wave can be expected.

    Nothing more on the Weekly Time Frame, so moving down to the Daily Time Frame, it can be seen that price has been creating Lower Lows and Lower Highs, but price recently unfolded a Pole Flag pattern and followed it very closely. Moreover adding to it, the price also completed an ABCD pattern which is a harmonic pattern. So seeing these two unfold, some counter-trend longs can be taken.

    CVX - 4H

    Jumping down to the 4 Hour Time Frame, It can be clearly seen that the price did a structure shift and flipped the last standing Supply Zone so now the Demand Zone is in control. The bullish momentum that emerged was extremely strong which left a lot of Imbalance within it. Now price is reaching the last Demand from where buys can be taken till $24.81

    Price Prediction – Convex Finance (CVX)

    CVX has been one of the market’s most optimistic coins. Despite the fact that the price of CVX has risen dramatically in just a few days. CVX is expected to reach a value of $63.017 in a year, according to the wallet investor. When compared to the current price of the coin, this is an increase. In five years, the price is expected to reach more than $239.705. However, traders are enthusiastic about the price movement and believe it will be worth much more in the future.

  • Curve Dao (CRV) – Will the Structure Stay Intact?

    At the time of writing, the price of CRV is about $2.71, up 8.68 percent in a single day, and the rest of the market is also up. It is now one of the leading gainers. Today, the volume has increased by more than 24%. The total additional volume is expected to be over $410 million.

    The low point of this CRV was approximately $2.47, while the peak point was around $2.74. According to the most current coin market cap statistics, the currency has surged to number 70, showing that it is on the radar of many traders.

    In August 2020, CRV achieved a near-all-time high, hovering around $23. The CRV coin has a total quantity of around 3.3 billion coins. According to coinmarketcap, around 14% has been dispersed in the market. As a result of the limited supply, CRV has risen in value despite having a lower market size in comparison to other coins.

    Technical Analysis –  Curve Dao(CRV)

    Starting the technical analysis of CRV from the Weekly Time Frame. Observing the Structures first, it can be seen that the macrostructure is to the upside and this bearish move is merely a Correction of that bullish Impulse. Plotting the Fibonacci from the last Low to the last high, the price seems to be in the Golden Ratio and within the Wick which contains Order Block on the Lower Time frame.

    CRV - 4H

    Nothing clear on The Daily, so on 4 Hour Time Frame, the price has clearly shifted structures to the topside, flipping the last Supply Zone. The Wyckoff Schematics as well seems completed, so on the Pullback longs can be taken all the way up to $2.9. Although it’s necessary to check out for confirmations on lower Time Frame

    Price Prediction – Curve Dao

    CRV has been one of the most bullish currencies in the market. Despite the fact that the price of the CRV has climbed drastically in a matter of days. According to wallet investor, CRV is anticipated to reach a value of $4.368 in a year. This is a rise when compared to the current price of the coin. The price is predicted to exceed $12.5954 in five years. Traders, on the other hand, are excited about the price fluctuation and feel it will be worth much more in the future.

  • Avalanche (AVAX) – What does the Chart Show?

    Avalanche (AVAX) – What does the Chart Show?

    AVAX currently at the time of writing is being traded at the price of almost $80.26. In the past 24 hours, the price has increased by almost 9.77%. It is listed in the 10th spot on coinmarketcap according to market capitalization. The daily volume on the other hand has decreased by almost 7% in the last day. It has a market dominance of about 1.13%.

    Technical Analysis – Avalanche (AVAX)

    Moving to the technical analysis of AVAX, and starting from the Weekly Time Frame.

    Other than the recent candles anatomy, the other macrostructure is not very important at the moment, but still, the price has shifted structures in a sense that it failed to create another Higher High after it made a Higher Low and it broke that Higher Low and this seems to be a corrective wave of that huge impulse. The previous week, the candle closed as a DOJI which took out and stop hunting the previous weeks. Price this week is trying to mitigate the equilibrium of the previous week’s wick.

    Moving to the Daily Time Frame, the price seems to have shifted structures very clearly, it’s a complex pullback towards optimal trade entry-level.

    Moving to the 4 Hour Time Frame, the momentum is strong and has done some inducements which would induce early sellers which probably will be taken out. Price may push upside further, and mitigate the Order Block which is in confluence with FIBO golden ratio.

    Talking about the invalidation, if the price violates that OB which is the POI then this scenario will get invalidated, while talking about the target the level of $75.03 can act as a great one.

    Price Prediction – Avalanche

    AVAX has been one of the most bullish coins in the market among the high market cap coins. This can be seen as the all-time high of the coin lies around the price of almost $147. According to wallet investor, the price of AVAX is expected to reach a value of almost $184.199. In five years the price is expected to grow and reach a value of almost $594. This shows that the price can do multiple times from where it is right now.

  • Liverpeer (LPT) – What is the Chart Showing Us?

    Liverpeer (LPT) – What is the Chart Showing Us?

    At the time of writing, LPT is trading at $33.49, representing a 2.15 percent drop in the previous 24 hours.

    During this time period, the low was about $32.66 and the high was around $35.97. According to the most recent coin market cap statistics, the coin ranks as high as 102nd due to its market cap. It’s on the watchlist of many traders.

    LPT achieved an all-time high of $101 in November 2021, marking its all-time high. It currently has a daily volume of $72,138,270, a rise of almost 39 percent in the previous 24 hours. The overall supply of LPT is about 22.89 million, with a circulating supply of 21.16 million. LPT has a 0.04 percent market share.

    OKX, Binance, and Mandala Exchange are the leading exchanges for trading it right now.

    Technical Analysis – Liverpeer (LPT)

    Moving to the technical side, and starting from the Weekly Time Frame, the price is very much still in a downtrend as its breaks structures to the downside. Now talking about the macro structure price is still bullish as price has just one macro structure so it doesn’t provide much data, so avoiding that and just checking the microstructure, the price is still in a downtrend. Now recently as a downtrend is formed by consecutive Lower Highs and Lower Lows, the price can be considered in making a Lower High. Right now only 2 options are available which are for the price to make a Lower Low or break structure to the upside, but as it’s ideal to go with the trend, so the possibility of price making a Lower Low is far more preferred. Recently price is within a weekly Order Block as well.

    LPT - 1D

    Moving down to the Daily Time Frame, the price is within a golden ratio of Fibo, and that is in confluence with an Order Block, so it’s very likely that price may fall. Moreover, the price is shown some great rejection from the zone so, by candlesticks understanding, this is very much a reversal confluence.

    If the $39.48 level gets broken which is the last High, this whole scenario would get invalidated, while talking about the target, the level of $25.14 can be served as the TP1 while for TP2, the TP can stay open, as we never know where the next Lower Low may end.

    Price Prediction – Liverpeer (LPT)

    LPT has been one of the most strong and profitable currencies. People have benefited much as a result of this currency. Traders are quite positive about the project in the long run. LPT is an excellent investment, according to the wallet investor. In a year, the coin’s price is expected to reach $61.004. The price is predicted to rise roughly $178.624 in five years.

  • Nuls (NULS) gains 40% – Here is Why

    Fantom Live is the world’s first Web 3.0 livestream, using Metaverse and Launchpad Protocol. Fantomlive owns Web 3.0 technology, which enables users to create: Launchpad, Claim Airdrop, Token, Lock Token- LP Token, can mine Token by See To Earn, Proof Of See (S2E, POS) mechanism by watching LiveStream and experiencing LiveStream – Metaverse, in which you can set foot on the planets and universes that you desire. We will do it as long as you like it. Fantomlive aspires to be the industry leader in Social-Fi, a future trend in the crypto market. They just announced that FantomLiveS is now available on the platform. To gain FTL, users must stake at least 100 NULS.

    About NULS

    NULS is a microservices-driven blockchain project that mines by staking using the Proof of Credit (PoC) consensus mechanism (dPoS plus credit rating). The modular architecture incorporates NULSTAR, a microservices-based platform that, according to the company, enables enterprise-grade blockchain solutions for smart contracts, private chains, public chains, dApps, and NRC-20 tokenization. The 1.0 mainnet went live in July of 2018. NULS’s principal product is Chain Factory, a chain-building tool that enables enterprises to use the NULS Module Repository’s plug-and-play selection of modules, including cross-chain consensus for asset value circulation inside the ecosystem.

    Price Movement 

    At the time of writing, NULS is trading at $0.5918, representing an almost 34% rise in the previous 24 hours.

    During this time period, the low was around $0.4412 and the high was around $0.6396. According to the most recent coin market cap statistics, the currency ranks 535th due to the fact that it is on the watchlist of many traders.

    The coin set an all-time high in the month of July 2018 when it reached $2.999. It now has a daily volume of $210,559,021 with an increase of around 1190 percent in the previous 24 hours. The entire supply of NULS is presently about 210 million, with 99 million in circulation. NULS has a marginal market share.

    Binance, Huobi Global, and CoinTiger are the leading exchanges for trading it right now.

    Price Prediction – Nuls (NULS)

    According to the wallet investor, NULS is a good investment. The price of the coin is to reach a value of $0.677 in a year. In five years, the price is expected to reach around $1.713.

  • KAVA Coin – Showing Signs of Reversal?

    According to the market cap, the entire quantity of KAVA is approximately 154 million, with more than half of it, or 146 million, now in circulation. The coin is placed in 114th position according to its market capital on websites. It has a dominance of about 0.03 percent in the crypto market.

    KAVA is presently selling at $4.61 per coin.  In a single day, we have seen an increase of about 6% in the movement. The high and low for today are $4.69 and $4.04, respectively. Around 116% increase has been sen in the daily trading volume as well. KAVA reached an all-time high of about $9.21 in August 2021. During the crash in the market, the price dropped to almost t $2.10. The price did show a reversal but it was very weak in strength and we saw big red candles retracing back. In general, the price is making lower highs and lower lows. The price of KAVA increased by over 17.01 percent in January.

    Technical Analysis – KAVA

    The coin had been showing a downtrend for quite some time. The price had been creating lower highs and lower lows. It ultimately dropped down to the lowest possible point and left an order block in the creation. Now, this order block remained unmitigated for a number of weeks. After the price showed a shift in the structure, it was quick to come back up.

    kavausdt

    Now on the daily time frame, the order block has been mitigated and there is no reason for the price to go down again. As a result, the price action of KAVA is very bullish and soon we can expect it to get out of the order block from where we can look for a possible long depending on the lower time frame confirmations that we find.

    Price Prediction

    KAVA is a wonderful investment that will bring excellent profits. KAVA is also seen as a solid investment by Wallet Investor. However, they predict that in a year’s time, the price will rise to $6.954. The price is predicted to reach $17.067 in five years. In the time frame of just one year, it can be seen that the price doesn’t increase that much. But In five years we can see visible gains in the price. For the long term, this project is a really good one. But traders on the other hand ae quite optimistic about the movement and they think that it wouldn’t be long before KAVA is being traded above its all-time high.

  • Chrono Tech (TIME) Creates new ATH

    The price of TIME is about $484.61 at the time of writing, up 55 percent in a single day and while the rest of the market is floundering. It is currently one of the top gainers. Today, the volume has climbed by over 223 percent. The overall new volume is estimated to be roughly $16 million.

    During this time, the low point was around $311.79 and the high point was around $550.73. According to the most recent data released by the coin market cap, the currency has risen to number 150th, indicating that it is on many traders’ watchlists.

    TIME reached a near-all-time high in January, hovering around $575. The TIME coin has a very small supply of roughly 710k coins. Around all percent have been distributed in the market, according to coinmarketcap. As a result of this small supply, the coin has become gained a huge price with just a small market cap as compared to other coins.

    Technical Analysis –  Chrono.Tech (TIME)

    Talking about the technical Point of view of Time Token, there isn’t much to say from daily or even 4H time frame, as the price is just continuously going upside without doing any correction. This kind of move mostly results in a parabolic move to unfold, But moving down to the 30 m Time frame, It shows that quite a momentum was shown from the bear’s side which pushed the price down and which broke the structure to the downside.

    timeusdt

    Now going with the institutional order flow, it’s preferable to go with the sellers but not from here. there is a breaker block within the premium array from where a good reaction can be anticipated from where the lows can be targeted as that is a recent low and liquidity is present in there.

    Price Prediction – Chrono.Tech (TIME)

    TIME has been one of the market’s most optimistic coins. Despite the fact that the price of the coin has risen dramatically in just a few days. TIME is expected to reach a value of $470 in a year, according to wallet investor. When compared to the current price of the coin, this is an increase. In five years, the price is expected to reach more than $1183. However, traders are enthusiastic about the price movement and believe it will be worth much more in the future.

  • Utrust (UTK) – Where to headed now?

    Utrust (UTK) was created to address the issues that have limited the use of cryptocurrency as a payment method, primarily the underdeveloped transactional security of payment systems and the relatively expensive fees.

    The platform’s major purpose is to create a system that allows merchants to access a broad audience of crypto holders by enabling fast and smooth crypto transactions at lower fees.

    Price Movement – UTRUST (UTK)

    UTK is now trading at $0.4313, up over 17.37% in the previous 24 hours, during the writing of this article.

    Within this time frame, the lowest value was near $0.3431 and the highest was around $0.4545. According to the coin market cap that provided the recent data, the coin is at 197th place and is on many traders’ watchlists. It is currently one of the top gainers among the top 200 coins.

    UTK approached its new All-Time High around the price of $1.06 during the month of May 2021. It was a quick upward surge, but the price has slowly retraced back to a lower level. Today’s trading volume, on the other hand, has risen by over 361 percent.

    The top exchanges for trading UTK are currently Binance, Huobi, Kucoin.

    Technical Analysis – UTRUST (UTK)

    Taking about the UTKtechnical, starting from the daily time frame, the price is more likely in a consolidation phase and is doing extreme huge rejections to either side, after an interval of time. Right now the majority of the wicks are to the upside, which on a lower time are respecting a descending trend line. Now as being liquidity above the trendline, it’s quite possible for price to stop hunting that and then continue down as it’s doing.

    utkusdt

    Moving down to the 4H Time Frame, the price recently reacted to an Order block and had rallied up. Now, this has made a double top inducing seller, so it’s likely for the price to stop hunting the stop losses present above them. An ideal entry would be a little below as marked, as the price is somewhat in a premium array and it’s not preferable to buy from the position where it is right now.

    Price Prediction – UTRUST  (UTK)

    Walletinvestor thinks that UTK is a good investment. According to them, the one-year projection puts the coin at two times the current price. In one year, the price is expected to reach a value of $0.6074. But the five-year projection puts UTK at a value of $1.607.

  • Keep3rV1 (KP3R) – On to New Heights?

    KP3R is ranked 180th in terms of market capital on coinmarketcap, with a market dominance of 0.01 percent. KP3R is currently being traded at $1,175 at the time of writing. In the last 24 hours, the price of the coin has risen by about 11%. The day’s high and low points are about $1,213 and $953.30. On the other hand, the daily trade volume jumped by about 187.17 percent in a single day.

    Even on the red day, the coin has shown strong momentum and has increased a lot becoming one of the top gainers today. The fall, KP3R had reached an all-time high of roughly $2065 in November 2021. During the drop, KP3R formed a bottom and fell to $547 in June. The coin displayed reversal, just like many other coins, and soon it was trading above the lowest low that it had formed. This month we have seen an increase of about 38%.

    KP3R has a total supply of roughly 201k tokens, with around all of them in circulation. KP3Rcan be purchased on a variety of exchanges, including OKEx, Binance, and CoinTiger.

    Technical Analysis – Keep3rV1 (KP3R)

    KP3R has a highly bullish chart in the creation. The price had been increasing continuously. On the 4H time frame we can see that the price had formed a double top and the pattern has now been completed. 4H time frame has been chosen to show a clearer chart as the daily wasn’t showing much.

    kp3r - 1D

    We can see that during the increase in the price, KP3R had created an order block that hadn’t been mitigated for a long time. The neck came down from where it bounced back but ultimately, the price came down and touched the order block. Now there is no visible reason for the price to drop down again. This means that overall, the price action is bullish and we can expect it to break the next resistance.

    Price Prediction – Keep3rV1 (KP3R)

    KP3Rhas been one of the market’s most optimistic cryptocurrencies. Even on red days, the price has increased a lot. KP3R is predicted to reach $2544 in one year, according to Walletinvestor. It is predicted to reach $8481 in five years. This suggests that KP3R has a lot of potentials and can generate a lot of money, Traders believe it won’t be long before it achieves new all-time highs and trades above its old-time high.

  • BOBA NETWORK (BOBA) – Where will it move Now?

    The total supply of BOBA is roughly 500 million, with less than half of it, or 158 million, now in circulation as according to the coin market cap. It is ranked 235th in terms of market capitalization, with a market share of near-zero

    BOBA is currently trading at $2.86  per coin, the price has nearly increased by 8% in a single day. Today’s high and low are $2.89 and $2.55, respectively. On the other hand, the daily trade volume has climbed by over 4%. BOBA hit its all-time high in November 2021, with a price of around $6.90. During the downturn, the price plummeted to roughly $2.54 in the month of December 2021. The price began to reverse, but, like many other coins, the reversal has been quite weak. The price is making lower highs and lower lows in general. In January, we observed an almost 1.98% decrease in the price of BOBA

    Technical Analysis – BOBA NETWORK (BOBA)

    Gaps can be the reason for the price to move in a certain direction. We can see that BOBA has a gap in the price that lies above the current value. This can drive the price upwards. This gap to date hasn’t been filled.

    When the price fell down from this level, it tried to rise up again but it was in vain as it fell down again. The price fell down and created a double bottom.

    BOBA - 1D

    Now both of these are confluences which can drive the price upwards. From here a possible long can be taken depending on the lower time frame confirmations. If we find the price to be bullish we can take an entry in the price with the final target as the gap that resides above.

    Price Prediction – BOBA NETWORK (BOBA)

    BOBA is a good investment and is going to provide great returns. Wallet investor considers BOBA to be a good investment as well. But according to them, in a year the price is expected to reach a value of $0.35. In five years the price is expected to reach a value of $2.880. In one year, the price is expected to decrease but the long-term hold is quite profitable according to them. Just like them, traders are also quite bullish on the price movement and think that it would hold much more value in the near future.