Ripple is slowly moving into a positive zone above the $0.2480 support zone against the US Dollar. XRP price is likely to accelerate higher as long as it is above the 100 SMA (H4). Ripple is trading in a positive zone above the $0.2480 support against the US dollar. The price is facing hurdles near…
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Some crypto projects fail to lift off. Others generate enormous traction and turn into industry’s rock stars. How do they do it? Leading crypto start-ups don’t get into community-building for the warm, fuzzy feelings. They understand that even though innovative technologies and beautiful designs attract attention – mass adoption requires a vast network of supporters.…
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Today (September 18), one of the world’s most popular digital assets exchanges, KuCoin officially announced its strategic partnership with the internationally well-known digital assets exchange Poloniex. KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS and PoW mining pools, and other industrial exploration. The two parties will…
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As many analysts predicted, Bitcoin was cleanly rejected in the low-$11,000s on Wednesday due to a cluster of resistance in that region. $11,000 is a price point that BTC bounced off multiple times during last month’s consolidation. Critical on-chain data, though, predicts that the leading cryptocurrency is poised to move higher in the medium term.…
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Several signs now suggest that Bitcoin’s recent pump to $11,000 that failed to hold could have been a bearish retest and rejection from support turned resistance. And while a bullish retest taking place at the same time has buyers confident, price action closely resembling last year’s Xi pump could be bad for the cryptocurrency. Bitcoin…
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Uniswap – the decentralized crypto exchange of choice amongst traders and investors – sent shockwaves throughout the market with the launch of their native governance token called UNI. The launch of UNI was unlike any other seen before because everyone who had used the platform to trade – or contributed to its liquidity – prior…
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Chainlink has seen some mixed price action in recent weeks, with the cryptocurrency’s price plunging as low as $10.00 and facing another rejection around $12.00. This price action has primarily favored sellers, as the inability for it to make a sustained push off of its support around $10.00 seems to point to some underlying weakness…
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On Wednesday, Uniswap shocked the world when it suddenly released its own token: UNI. The Ethereum-based decentralized exchange launched the coin with the premise of giving back to their loyal community, who have extensively lauded the product. This meant that every user of the protocol prior to September 1st was entitled to 400 UNI or…
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Last night, Uniswap debuted its Ethereum-based UNI token to the world and began distributing 400 of the suddenly hot tokens to early users of the platform. Substantial interest surrounding the new token has led Ethereum to pump more than 6% in the last 24 hours. But it may not be for the reason you expect.…
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Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000 and $11,000. The resistance found at the upper boundary of this trading range has proven to be quite significant, as it has catalyzed numerous rejections throughout the past few weeks. Analysts are now widely offering mixed outlooks…
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