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AKASH NETWORK (AKT) – Where will it move Now?

According to coinmarketcap, the total supply of AKT is around 388M AKT and all of them around 29% of the AKT i.e. 113M are in circulation at the moment. It holds the 276th rank according to market cap and has a market dominance of 0.17%.

At the time of writing AKT is being traded at the price of $2.29 with an increase of almost 8.77% in the last 24 hours. The maximum and minimum today are $2.29 and $2.09 respectively. The daily trading volume on the other hand has decreased by almost 22.68%. AKT had created its ATH in April 2021 and reached a price of almost $8.07. The price during the crash dropped down to a price of almost $2.28 in the month of July 2021. The price started to show reversal but like a lot of coins, it wasn’t strong enough. Overall the price is even lower than July 2021. In January, we saw an increase of almost 20%.

Technical Analysis – AKASH NETWORK (AKT)

AKT at one point was continuing the downtrend and was creating lower highs and lower lows. Soon the price started to move upwards. It wasn’t long before the price broke the structure and we were in the uptrend once again. During the drop of the price and the break of structure, AKT left an order block that got mitigated yesterday. Now the price is at a make or breakpoint.

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If the price stabilizes above this level, we can hope for a higher high which would take the price upwards to touch the equilibrium level. We can look for a retest to this order block and when it does we can take an entry into the market.

If the price of AKT doesn’t stabilize itself above this point, it can cause the price to drop down further. Lower time frame confirmations should be taken into account.

Price Prediction – AKASH NETWORK (AKT)

AKT is a good investment and is going to provide great returns. Wallet investor considers AKT to be a good investment as well. According to them, in a year the price is expected to reach a value of $2.75. In five years the price is expected to reach a value of $5.36. Traders on the other hand are very bullish on the price and think that it wouldn’t be long before AKT moves up to create a new ATH.

January 3, 2022
Nervos Network (CKB) – Collection of Protocols

The Nervos CKB (Common Knowledge Base) is a layer 1 blockchain that acts as a safe and decentralized repository for the network’s common knowledge. Common knowledge refers to states that have been validated by global consensus. Crypto-assets are a good example of common knowledge.

The CKB and other Nervos layers 2 protocols work together to support the crypto-economy. The generation layer (or computation layer, since the two terms are interchangeable) performs most transactions and generates new states, whereas the CKB (or layer 1) saves and specifies the state. When participants in Layer 2 believe it is necessary, they send newly formed states to the CKB.

The layered architecture isolates the state from computation, allowing each layer to be more flexible and scalable. CKB is the Nervos network’s lowest layer, with the biggest consensus and the most secure consensus. However, different programs may prefer different consensus scopes, making it inefficient to force all applications to utilize CKB’s consensus. Applications can select the best generation methods depending on their own requirements. Only when these applications need to submit states to CKB for the broader agreement will they be required to make these states common information that has been validated by CKB’s global consensus.

How does it Work?

CKB consensus is an overhauled Nakamoto agreement that utilizes Proof-of-Work to guarantee receptiveness, precision, and elite execution in circulated settings with network postponement and Byzantine node failures. CKB consensus is a Nakamoto consensus variety, which means nodes can openly join and leave the organization. Each node in the network can add to the consensus cycle by one or the other mining (finding the Proof of-Work) new blocks or approving that new blocks are authentic. It utilizes an ASIC-agnostic Proof-of-Work calculation fully intent on disseminating tokens as decently as doable while additionally guaranteeing the organization’s security.

Price Movement

At the time of writing CKB is being traded at the price of $0.02286 with an increase of almost 4.31% in the last 24 hours. It is a really strong token fundamentally. The maximum and minimum today are $0.023 and $0.02191 respectively. The daily trading volume has decreased by almost 1%. It had created its ATH in April 2021 and reached a price of almost $0.044. CKB has a circulating supply of almost 29.2B coins and a total supply of almost 35B. It is listed on coinmarketcap at rank 120th. It can be exchanged on Binance, KuCoin, Huobi.

Price Prediction – Nervos Network (CKB)

According to wallet investor thinks that CKB is a good investment. According to them, in one year, it would be worth around $0.0377. In five years, the price is expected to reach a value of $0.0931.

January 1, 2022
DIVI – Cheaper, easier Network
Cryptocurrencies have the potential to change the way we use money, and within a few years, they will be a part of the daily lives of billions of ordinary people for everyday transactions. The way things are present, this is hard to achieve: slow, expensive fees, difficult to understand, and easy to make a mistake and lose money. With an emphasis on decreasing user error, Divi’s user-friendly Smart Wallet and blockchain make transactions faster, cheaper, easier, and safer to use. The Divi network is powered by MOCCI, our ground-breaking one-click masternode installation. It’s the first to make joining their masternode network and earning cryptocurrency from their home computer or phone simply for anyone with no technical knowledge. The Divi Project distinguishes itself from other cryptocurrencies in various ways:
- Multi-Coin System
- 5-Layered, One-Click Masternode System
- Vaulting
- Lottery Blocks
- Atomic Swaps and Exchange
- Security by Design
- Scalability
- Crypto Banking
- User Friendly Smart Wallet™
- Advanced Governance System
Divi is a decentralized ecosystem that uses a cryptocurrency (DIVI) generated by a Proof of Stake consensus process that uses both simple staking and “Master Nodes” to secure and validate network transactions. Divi’s PoS masternodes may be run on almost any machine and have little to no environmental impact.

Their tokens were ERC20 compliant Ethereum blockchain derivatives during the initial token sale, and they were available on Cryptopia under the ticker DIVX.

Price Movement

Before the crash in April, the coin was being traded at the price of $0.112 It later fell down to the price of $0.026. The price was very fast to move upwards and quickly reached new heights and achieved $0.189 in December. At the time of writing this article Divi (DIVI ) is being traded at a price of $0.08119. The price has almost increased by 5% today. On the monthly time frame, we have seen a decrease of almost 32%.

Price Prediction – Divi (DIVI )

In the long run, DIVI is a highly good opportunity. According to the wallet investor, the price of DIVI is to reach a value of $0.1020 in a year. For a five-year plan, the price will reach a value of $0.194. The way the price of DIVI has grown, the traders are even more bullish on the value. They think that it will reach even more. Other Financial forecast websites see the coin’s potential as moderately positive, with Digital Coin Price valuing it at $0.1347 by 2022.
January 1, 2022
KuCoin Token (KCS) – What can we Expect?

At the time of writing, KCS is being traded at the rate of $21.88 with an increase of almost 4% within the last 24 hours.

The low within this tenure was around $20.85 and the high was approximately $21.91. The coin as being in the watchlist of many traders makes it rank all the way up to number 74th according to the latest data released by coin market cap.

KCS made its all-time high in the month of December 2021 where it reached an enormous amount of $28.776. At the moment it has a daily volume of $14,315,873 with a decrease of about 5.15% within the last 24 hours. The total supply of KCS is now around 170M and the circulating supply is also 80.1M. KCS has a dominance of 0.08%.

The top exchanges for trading it are currently KuCoin, Probit Global, AscendX.

Technical Analysis – KuCoin Token

KCS has its chart just like a lot of similar coins. As BTC hasn’t shown any strength, we can see that the coins which haven’t been pumped have shown similar movements. Most of them have been consolidating for a lot of time. The price had a wick down from where it had grabbed all the liquidity that was present below.

After this move, the price tapped in the daily order block (or we can say that it is retail support). From this point, the price of KCS had a bounce and it rallied upwards.

As a result, we have seen the formation of higher highs and higher lows. But a few days back. Price has created equal highs. As a result, we can expect that liquidity is present above this level. The market can move in such a way that it will grab the liquidity present above and then it can drop down breaking the retail support.+

Price Prediction – KuCoin Token (KCS)

KCS 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 KCS has retraced back and is around the same price it had around the month of November 2021. According to the wallet investor, KCS is a good investment. The price of the coin is to reach a value of $42.55 in a year. In five years, the price is expected to reach around $120.544.

January 1, 2022
Binance Coin (BNB) – What is the Chart Showing Us?

At the time of writing, BNB is being traded at the price of $522.21. The price of the coin has decreased by almost 1% in the past 24 hours. The maximum and minimum of the day are around $527.70 and $508.59. The daily trading volume has on the other hand has also decreased by almost 19% in one day. BNB is listed on coinmarketcap at 3rd spot according to market capital and has a market dominance of 3.87%.

BNB before the crash had achieved its all-time high around the price of $698.21 in March 2021. During the crash, BNB created a bottom and dropped down to $211 in the month of May. Just like many other coins, the coin showed reversal and it was strong enough. BNB eventually went on to create a new neat all-time high around the price of $669 during the month of November.

BNB has a total supply of around 166M tokens and has all of them in circulation i.ie around 166M. BNB can be traded at a lot of different exchanges such as Huobi, Binance, KuCoin, FTX.

Technical Analysis – Binance Coin

BNB has been consolidating for a while. Just like many other coins, BNB has been range bound and we have seen no moves from the coin whatsoever. The price had tapped into the order block two/ three times and we have seen that it has bounced every time. The price is currently above the retail support.

If the BTC drops, we can expect altcoins to drop as well. As a result, we can expect the coin to drop as well. if the retail support breaks, we can expect the price of the coin to fall down even harder and hit the daily order block that is present below. Lowe time frame confirmations should be taken into consideration.

Price Prediction – Binance Coin (BNB)

BNB has been one of the highly bullish coins in the market. According to wallet investor, BNB in one year is expected to reach a value of $993. In five years, it is expected to touch $2770. This shows that even though the coin 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.

January 1, 2022
Ethereum (ETH) – Where to Now?

The native token of Ethereum is ETH. The Queen of the market that sometimes decouples with the BTC.

At the time of writing, ETH is being traded at the rate of $3,784 with an increase of almost 1.01% within the last 24 hours.

The low within this tenure was around $3,687 and the high was approximately $3,807. The coin as being in the watchlist of many traders makes it rank all the way up to number 2nd according to the latest data released by coin market cap. Ethereum is the most widely used blockchain in the market.

ETH during the month of November approached its new All-time High around the price of $4,868. The trading volume today on the other hand has increased by almost 80%.

The top exchanges for trading ETH are currently Kucoin, Binance, FTX.

Technical Analysis – Ethereum (ETH)

The analysis that we did on 30th November 2021 is still in play. You can find the analysis here. We can see that the price of Eth has played out exactly as we have said before. Eth has been following BTC in terms of price movement and it didn’t come as a surprise when the price of Eth dropped.

Now we can see in the chart, that the price of Ethereum (ETH) has been consolidating for a while before dropping down. Now there can be two possibilities from where the price can show a reaction.

One thing to notice is the mitigation area. This is due to the presence of an imbalance in the price. Now the price can drop to this level. But from where?

The price can show a reaction from the imbalance and the order block that it has created four days ago when it dropped down and broke the trend line and the structure as well. The second place is the order block which has been formed a few days before this one. Price can show a reaction from that level as well.

Price Prediction – Ethereum (ETH)

ETH has been one of the fast gainers in the market. According to wallet investor, the price of ETH is to reach a value of $7,179 in a year. For five year plan, wallet investors think that the price is to reach a value of $19,533. This means that ETH is considered a good investment. Ethereum is the rightful second place holder among the top cryptocurrencies in the market.

January 1, 2022
Bitcoin (BTC) – What is the King Up to now?

At the time of writing this article, BTC has a value of $48,046 (1% increase today) with a trading volume of $34,074,109,538 with an increase of about 12% over the past 24 hours. The king is slow to move today and as a result, the other coins have also been slow to move. As long as BTC consolidates, we can see some coins pop one after another but of course, no one goes against it.

BTC is listed on coinmarketcap in 1st place. The rightful place for the king. It has a market dominance of about 40.36%. BTC had created its all-time high around the price of $69k. It later dropped to the price of $42 from where it showed reversal. The highest it went today is around $48,472. It has a circulating supply of about 18.9M. It has a total supply of about 21M.

Technical Analysis

As we showed in the last analysis that you can find here, we said that BTC can range for a while in the range that we have drawn. Fast forward to 30 days later, the analysis is still valid and we have seen BTC consolidate within the range. The price now has done a number of fake-outs that had trapped both the buyers and the sellers in the range.

Different points should be taken into consideration. One is the mitigation area that is also a confluence to the break of structure. We can see that the price has been consolidating for a while. Now we can look for the price to go up and mitigate this level from where we can expect a drop in the price.

Now the price can then drop to the lower level from where we can expect a reaction. lower time frame confirmations should be taken into consideration before taking an entry.

Price Prediction – Bitcoin (BTC)

The coin also seems to have a good future. Walletinvestor expects a value of $83,233 by the end of the year and positive growth throughout the next five years. In 2025, it is expected to be around $211,092. A lot of traders had been bullish regarding the price of bitcoin and expected that it would reach $100k before the end of the year. Yet here we are with the price of BTC trading below $50k. But now it seems that a lot of them were wrong.

January 1, 2022
Syscoin (SYS) – Combining BTC and ETH

Syscoin (SYS) Platform is an all-in-one Layer-1 and Layer-2 blockchain solution that combines industry-proven technology with cutting-edge applications. The project’s purpose is to create a system that will revolutionize blockchain technology by combining the best of Bitcoin and Ethereum. Syscoin transforms Bitcoin’s Proof-of-Work security and decentralization into a workable and scalable solution through Bitcoin merge-mining.

Layer-1 features of Syscoin (SYS) include unique Z-DAG technology for near-instant network transactions, ultra-low transaction costs, taproot, and a token platform, as well as compatibility with Bitcoin’s emerging Layer-2 improvements. Custom notary API, Fungible Tokens, NFTs, and Fractionalized NFTs are currently available on Syscoin’s token platform.

A masternode network on the Syscoin (SYS) Platform provides a scalable service layer as well as increased security via ChainLocks. Building on the Syscoin Platform gives you access to Network Enhanced Smart Contracts (NEVM), which take the best of Ethereum and boosts its processing capacity to allow you to run bigger, more complicated programs with ultra-low fees.

Price Movement – Syscoin

At the time of writing, SYS is being traded at the rate of $0.9429 with an increase of almost 10% within the last 24 hours.

The low within this tenure was around $0.8474 and the high was approximately $1.04. The coin as being in the watchlist of many traders makes it rank all the way up to number 130th according to the latest data released by coin market cap.

SYS made its all-time high in the month of January 2013 where it reached an enormous amount of $230. At the moment it has a daily volume of $69,105825. It has increased about 100% within the last 24 hours. The total supply of SYS is now around 888M and the circulating supply is also 626M. SYS has a dominance of 0.03%.

Price Prediction – Syscoin (SYS)

SYS has been one of the most unsuccessful and powerful coins. The people have gained a lot, but the price has been continuously decreasing since the start of the project. Traders are not bullish on the project. The price of SYS has retraced back and is around the same price it had around the month of March 2020. According to the wallet investor, SYS is a good investment but not a really great one. The price of the coin is to reach a value of $1.035 in a year. In five years, the price is expected to reach around $1.940.

December 31, 2021
Gnosis (GNO) – What is it?

Gnosis (GNO) is a decentralized prediction market founded in 2015 and based on the Ethereum platform. Third-party developers will be able to launch their own services as well.

Individuals will be able to construct prediction markets for events, allowing users to buy shares of projected occurrences, using user forecasts to aggregate information about future events.

Gnosis (GNO) and OWL are the two tokens used by the platform. GNO tokens are ERC-20 tokens that the team sold during its initial coin offering (ICO). Staking it earns you OWL tokens. The amount of OWL received is determined on the length of the lock period and the market’s total supply of OWL tokens.

Martin Köppelmann (CEO), Stefan George (CTO), and Dr. Friederike Ernst lead the team.

Price Movement Gnosis

According to coinmarketcap, the total supply of GNO is around 10M GNO and all of them around 1.86M of the coins are in circulation at the moment. It holds the 93rd rank according to market cap and has a market dominance of 0.05%.

At the time of writing, GNO is being traded at the price of $533.92 with an increase of almost 29% in the last 24 hours. The maximum and minimum today are $562.06 and $431.85 respectively. The daily trading volume has increased by almost 7456%. GNO had created its ATH in November 2021 and reached a price of almost $655. On the weekly time frame, we can see that overall the price of the coin is moving for higher highs. In November and December, we have seen a massive increase in the price of the coin as well as this week.

Price Prediction – GNOSIS (GNO)

It is a good investment and is going to provide good returns. Wallet investor considers GNO to be a really good investment as well. According to them, in a year the price is expected to reach a value of $787.640. This means that according to them, it is a good investment. Traders are also very bullish on the price and think that it wouldn’t be long before GNO moves up to create a new ATH.

December 31, 2021
dApps for Bitcoin – Stacks (STX)

Cryptocurrency has taken the world by storm, and the original cryptocurrency, Bitcoin, has been instrumental in this. Bitcoin is without a doubt the “King” of the market, with a price of $47,723.08 at the time of writing. However, bitcoin is not without flaws. Along with the desire to have their inventiveness recognized by the general public, the majority of other developers have strayed from the Bitcoin path and attempted to carve out their own niche in the market. This is exemplified by Ethereum. Stacks (STX) thinks Bitcoin will lead the future.

Stacks 2.0 (STX), on the other hand, feel that Bitcoin is the cryptocurrency of the future. Bitcoin will gradually be used to build decentralized applications and use cases. This, they say, can be compared to the early Internet boom, when, despite the presence of other competing protocols, TCP/IP emerged as the winner, and everything on the Internet was eventually built on it. The same is true for Bitcoin.

Stacks (STX) is a consensus algorithm developed by Princeton and MIT academics that is distinct from any previous consensus algorithm. It is a consensus mechanism between two blockchains. This is the Proof of Transfer (PoX) protocol, which connects the Bitcoin and Stacks blockchains and enhances Bitcoin’s capabilities. The basic Bitcoin chain elects a new leader, after which new blocks are put on the related Stacks chain.

The Stacks 2.0 (STX) is a layer-1 blockchain that will introduce Bitcoin smart contracts and decentralized apps. It promises two blockchain benefits: first, scalable transactions, and second, general-purpose smart contracts that use the Bitcoin blockchain without modifying it. Stacks miners can use Bitcoin to mine freshly created Stacks. Stacks holders, on the other hand, can lock their STX in consensus to earn Bitcoin.

Price Movement

At the time of writing STX is being traded at the price of $2.15 with a decrease of almost 13% in the last 24 hours. STX is a really strong token fundamentally. The maximum and minimum today are $2.48 and $2.14 respectively. The daily trading volume has decreased by almost 42%. STX had created its ATH in December 2021 and reached a price of almost $3.26. After the reversal, STX has a circulating supply of almost 1.29B coins and a total supply of almost 1.81B. It is listed on coinmarketcap at rank 54th. It can be exchanged on Binance, KuCoin, OKEx.

Price Prediction – Stacks (STX)

According to wallet investor thinks that STX is a good investment. According to them, in one year, STX would be worth around $3.813. In five years, the price is expected to reach a value of $9.156.

December 29, 2021