On January 10, Ethereum (ETH) plunged to a low of $2,930 as bulls bought the dips. The upward movement was stopped at the high of $3,400. The price level of $3,400 was the previous support from October 11.

Key Takeaways Trading bots have extracted hundreds of Ethereum from the WTF/WETH liquidity pool on Uniswap. The fees.wtf team did not supply enough liquidity to...

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Process simplified-Create NFT for your digital assets In early 2018, CryptoKitties, an innovation-driven product, became one of the first NFT projects to grab the attention of the crypto community. This original game was developed using a non-fungible token. Any NFT is a non-interchangeable unit of data. The new game became very popular in a short […]

The post What is NFT and How is Such Technology Used? appeared first on PrimaFelicitas.

Read Time: 4 minutes Crypto hacks continue in 2022 as hackers attack vulnerabilities within different networks, adding to millions of stolen assets. The Algorand community began the year on a sour note following an attack on their decentralized exchange that led to the loss of about $3 million worth of assets. According to reports, on January 1, 2022, unauthorized …

Lessons From The Attack On Tinyman, Largest DEX On Algorand Read More »

The post Lessons From The Attack On Tinyman, Largest DEX On Algorand appeared first on Blog.quillhash.

DOT coin price action shows a rise in the underlying bearishness within the inverted flag pattern teasing a fallout shortly. Polkadot is a base for a decentralized internet that is managed by its users and helps to make it easier to create new institutions, applications, and services. The Polkadot protocol allows for the connection of the private and public blockchains, without permission oracles, networks, and the latest technological advancements, making it possible for these distinct blockchains to securely exchange information and data through their Polkadot Relay Chain. Let us move ahead to read about the Polkadot technical analysis. Past Performance of DOT DOT coin price shows a consolidation phase in action from last month between $32 and $24 in the daily chart. The consolidation range comes after a 50% fall from the horizontal level at $54. Therefore, the price action forms an inverted head and shoulder pattern in the daily chart. DOT/USD Daily Chart DOT Technical Analysis The DOT coin price resonates close to the support level of the flag pattern and indicates a bullish reversal. However, the higher price rejection within the range shows lower high formation. The crucial EMAs (50, 100, and 200) maintain a falling trend with the 50-day EMA providing dynamic resistance resulting in the higher price rejection. Therefore, the higher price rejection with falling 100-day EMA increases the chances of a bearish crossover with the 200-day EMA. The RSI indicator at 47% shows the slope struggling to rise above the 50% mark in the daily chart. However, the falling prices fail to influence the RSI slope as it shows lesser correction in comparison. Therefore, the slope presents a divergence. The MACD indicator shows the MACD and signal lines give a bullish crossover with a sudden reversal and neutralizing the previous bearish crossover. Therefore, the indicator gives a weak buy signal for the coin. In short, the technical analysis showcases the indicators giving weak buy signals, while the DOT coin price action hints at a bearish fallout. Upcoming Trend The breakout of the inverted flag pattern will increase the overall trend momentum in the DOT coin. Moreover, the breakout seems imminent with the higher price rejection. The price action suggests support levels at $18 and $10 can halt the bearish trend upon the breakout of $24. However, an unlikely bullish breakout will face opposition near $38 and $45. In conclusion, the consolidation phase shows a slight rise in the underlying bearishness and hints at a possible fallout. However, traders should wait for the price action confirmation before taking a short-side trade.

The post DOT Technical Analysis: Bearishness Within Inverted Flag Pattern : Is It The Best Time To Sell? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Over the years, the Democratic People’s Republic of Korea (DPRK)  has topped the chart in the list of cyberattacks. However, the most unique aspect of North Korean hacking is its focus on targeting financial institutions. Even hackers prefer ETH North Korean crypto hackers had a ‘ banner year‘ in 2021 according to new data from […]

After surging 26% since January 10th, the meme coin Shiba Inu (SHIB) price trades near the crucial level. A break above  January’s high of $0.000033 could set the next upside at the level of $0.000035. Shiba Inu continues to capitalize on the previous session’s gains. Dog-based meme token Shiba Inu surges 17% from the previous

The post Is Shiba Inu (SHIB) Price On Way To Breach January Highs, A Breakout Above $0.000033 Is On Cards appeared first on CoinGape.

If you’re a huge fan of cryptocurrencies, how come you haven’t tried betting with Bitcoin yet? Perhaps you have but just aren’t sure of the steps you need to take to get started? Whatever the reason, we’re here to help you get on the path to spinning the reels of top slots and playing a...

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Flockimooni price has been surging Tuesday as the FlokiMooni Ecosystem readies to launch its…

The post Flockimooni price up 11% amid its upcoming NFT collection appeared first on Coin Journal.

Binance Coin was on its way to recovery from the drop in prices earlier this month. The longer-term trend was bearish, but over the past couple of days, the buyers have been in a position of strength. The $510 was a key level on the charts, with the $500 area offering strong support over the […]

AXIA has introduced its AXC coin staking program. Staking platform protects users from market volatility and inflation. AXC users can ...

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