STOCKS TELEGRAPH

Tag: walletinvestor

  • 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.

    VLX - 1D

    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.

  • 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.

  • 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.

    ICP - 1D

    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.

  • 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.

    AAVE - 1D

    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.

  • 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.

  • What is Sapphire (SAPP) – The Payment Method

    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.

  • Link (LN) – What is It?

    LINE quickly became a global leader in the IT industry after launching its messenger in 2011. With over 185 million users, the LINE software is now one of the most popular messengers in the world. LINE has evolved into more than just a chat software, becoming a “smart portal” that provides a variety of services to its users, linking them to the information, services, and brands they need at any time and from anywhere. And LINE keeps growing, now taking its expertise as a smart portal to the realm of FinTech, releasing creative new services that could help the banking, securities, and payment/settlement sectors develop. There is where LN comes into play

    In a nutshell, Link (LN) is creating a service-oriented blockchain environment around LINK, where anyone may utilize LINE’s services in a token economy that will expand alongside our users.

    The LINE Blockchain project was created with the goal of creating a blockchain platform and token economy that ordinary people all around the world would enjoy and utilize in their daily lives. But, in order to get widespread acceptability, they had to address the three main challenges: investor-centered ecosystems, uneven token economies, and UX flaws.

    Price Movement – Link 

    At the time of writing this article, LN has a value of $181.35 (8.6% increase today) with a trading volume of $3,397,636 with an increase of about 19% over the past 24 hours. The price has shown a strong move today. LN’s highest value today is around $184.03 and the lowest value it attained is around $165.66.

    LN is listed on coinmarketcap in 215th place. It has negligible market dominance. LN had created its all-time high around the price of $326 in April 2021. It later dropped to the price of $71 in July from where it showed reversal. It has a circulating supply of about 5.9M. LN has a total supply of about 6.4M.

    Price Prediction – Link (LN)

    The coin also seems to have a good future. Walletinvestor expects a value of $299.342 by the end of the year and positive growth throughout the next five years. In 2025, it is expected to be around $817.5985. A lot of traders had been bullish regarding the price of Link. They expect 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.

  • COTI – What can we Expect?

    At the time of writing, COTI is being traded at the rate of $0.3921 with an increase of almost 4% within the last 24 hours.

    The low within this tenure was around $0.3774 and the high was approximately $0.393. The coin as being in the watchlist of many traders makes it rank all the way up to number 170th according to the latest data released by coin market cap.

    COTI made its all-time high in the month of June 2019 where it reached an enormous amount of $1.13. At the moment it has a daily volume of $33,815,047 with an increase of about 18.70% within the last 24 hours. The total supply of COTI is now around 2B and the circulating supply is also 800.1M. COTI has a dominance of 0.02%.

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

    Technical Analysis – COTI

    COTI has one of the most beautiful charts that I have analyzed today. We can see that there are a lot of confluences that say that the price would go upwards. The first thing to notice is the daily order block that lies above the current price. This has remained unmitigated to date and can drive the price upwards to fill the gap.

    COTI -1D

    The second thing to notice on the chart is the trend line that the price of COTI had been following. The price had a rejection from this level before but ultimately the price had broken out of this trend line. After breaking out we find our third confluence which is the retest of the level. The price has retested the trend line and successfully held it. Not only that it had broken out of this range as well. All of these confluences show that the price of COTI is very bullish and we can soon expect the price to tap in the daily order block.

    Price Prediction

    COTI 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 the coin has retraced back and is around the same price it had around the month of September 2021. According to the wallet investor, COTI is a good investment. The price of the coin is to reach a value of $0.720 in a year. In five years, the price is expected to reach around $2.043.

  • Hathor (HTR) –  Onto a New High?

    At the time of writing, HTR is being traded at the price of $2.0. The price of the coin has increased by almost 11% in the past 24 hours. The maximum and minimum of the day are around $2 and $1.69. The daily trading volume has on the other hand has also increased by almost 73% in one day. HTR is listed on coinmarketcap at 243rd spot according to market capital and has negligible market dominance.

    HTR before the crash had achieved its all-time high around the price of $1.88 in May 2021. During the crash, HTR created a bottom and dropped down to $0.23 in the month of May. Just like many other coins, the coin showed reversal and it was strong enough. HTR eventually went on to create a new all-time high around the price of $2.49 during the month of November.

    HTR has a total supply of around 900M tokens and has less than half of them in the circulation i.ie around 224M. It can be traded at a lot of different exchanges such as CoinMetro, Gtae.io, KuCoin, CoinEx.

    Technical Analysis – Hathor (HTR)

    We did an analysis of HTR a few weeks ago, which you can find here. You can see that the analysis has played out beautifully. Now what to expect further?

    We can see that the price of HTR is at a very crucial part. The price of the coin has shown a reversal in the structure and is now going to tap into a very important level. This would decide if the price would move further up or not.

    HTR - 1D

    We can see that a few weeks ago, the price had done a fake-out (red part in the chart) from where it had grabbed all the liquidity. Now the price is moving to that level again. If that level holds, we can expect a higher high otherwise it would result in a drop in the price.

    Price Prediction – Hathor

    It has been one of the highly bullish coins in the market. According to wallet investor, HTR in one year is expected to reach a value of $2.745. In five years, it is expected to touch $6.580. This shows that even though HTR 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 $10.

  • Medibloc (MED) – Will it Reach $0.10?

    The native token of Medibloc is MED. Just like many other coins MED also depends on the movement of BTC.

    At the time of writing MED is being traded at the rate of $0.05777 with an increase of almost 5.24% within the last 24 hours.

    The low within this tenure was around $0.0548 and the high was approximately $0.05924. The coin as being in the watchlist of many traders makes it rank all the way up to number 176th according to the latest data released by coin market cap. It is one of the top gainers today.

    MED during the month of July approached its new All-time High around the price of 0.0987. The trading volume today on the other hand has also increased by almost 164%.

    The top exchanges for trading MED are currently Upbit, Bittrex, Gate.io.

    Technical Analysis –  Medibloc (MED)

    On the monthly time frame, we can see that there hasn’t been any movement from the coin and the price is still in consolidation for the past few months. Moving to the lower time frame, we have seen a similar movement from the MED and the price has been ranging in two levels.

    MED - 1D

    As shown in the chart (BLUE AREA), the price is ranging between two extremes. SO we would look into this level alone to find a possible pattern. We can see that during the drop, the price of MED had created a daily order block. Moreover, we can see that there is no reason for the price to dropdown.

    We can expect the price to tap in the daily order block present above as it has remained unmitigated to date. At that point, we can expect a reaction from the price. If the price fails to hold (which is likely) we can see a drop in the price of MED.

    Price Prediction – Medibloc (MED)

    MED has been one of the fast gainers in the market. According to wallet investor, the price of MED is to reach a value of $0.117 in a year. For five year plan, wallet investors think that the price is to reach a value of $0.341. This means that MED is considered a good investment. Traders are quite bullish on the movement and think that soon it would break its old all-time high and create a new one.