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Tag: Optimism

NEAR Prices Drop 6% after a Double Top, NEARUSDT Finding Support at $9.5

NEAR Technical Analysis

The Near Protocol price is bearish at spot rates, inching lower inside a descending triangle. Currently, NEARUSDT is below a double top at $12. Past Performance Near Protocol traders may be hopeful, expecting NEAR prices to rip higher and clear immediate resistance levels. However, from the daily chart, sellers are in control. The coin is down six percent in the last trading day and at breakeven versus the USDT on the previous trading week. There could be elements of strength. However, NEARUSDT prices are still capped inside a descending wedge. NEAR Technical Analysis The failure of NEAR bulls to close above the resistance trend line and the descending wedge at $12 is a pointer to weakness. The path of least resistance is southwards in the near term. Notice that prices are also recoiling from the double top marking March 2022 highs even though NEARUSDT prices are still within the March 1 and 9 bull bars. A close above $12 confirms buying pressure, setting the base for another leg up towards $14 and $20 as prices bottom up. On the flip side, more profound losses below $9.5 and the support trend line could trigger a selloff, pushing NEAR towards December 2021 lows of $6.6. What to Expect of NEAR? Despite the optimism, bulls are struggling against a wave of selling pressure. The short-term trajectory of NEAR depends on the reaction at $12 and the descending triangle.

The post NEAR Prices Drop 6% after a Double Top, NEARUSDT Finding Support at $9.5 appeared first on Cryptoknowmics-Crypto News and Media Platform.

Ripple Vs SEC : Huge Win For Ripple, But Will The SEC Comeback Stronger? 

SEC-vs-Ripple

The post Ripple Vs SEC : Huge Win For Ripple, But Will The SEC Comeback Stronger?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The crypto town has awaken to a bright sunny morning, as the industry’s biggest lawsuit comes across a major win. Ripple in its legal brawl is seeing its efforts bearing fruits, following its hardships. Whilst the defendants move to strike an impermissible rebuttal report. The court denies the SEC’s motion to strike Ripple’s fair notice …

Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion

Chainalysis Launches Screening Tools Designed to Prevent Sanctions EvasionBlockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in […]

Commodities and Cryptos: Oil remains volatile, Gold tumbles, Bitcoin below $40k

Oil Crude prices tentatively turned negative after Russian President Putin saw “certain positive shifts” in talks with Ukraine. Oil will remain a volatile trade as the headlines regarding the war in Ukraine and Iran nuclear talks will keep traders on edge.  Optimism for a Russia-Ukraine ceasefire is driving crude prices lower but that might not […]

Bitcoin Stabilizes around $39,000, BTC Dominance Reaches 41%

With extreme volatility, liquidations, and regulation optimism, the crypto market saw nearly everything in the last few days. Bitcoin also witnessed a sharp increase in volatility during the recent...

Massive Amount Of ‘Sleeping’ Bitcoin Moved After More Than 11 Years In Hibernation

massive-amount-of-‘sleeping’-bitcoin-moved-after-more-than-11-years-in-hibernation

A large sum of money from a “Sleeping” Bitcoin was transferred after being dormant for more than a decade. Since the crisis between Russia and Ukraine and heightened pessimism about the future of the global economy, cryptocurrency values have been volatile. On Thursday, bitcoin’s price surged to a high of $42,592, after a two-day low…

The post Massive Amount Of ‘Sleeping’ Bitcoin Moved After More Than 11 Years In Hibernation appeared first on Bitcoin News Miner.

Cause for optimism?

European equity markets are making decent gains on the final day of the week, buoyed by a suggestion that there has been progress in talks between Ukraine and Russia. We were already seeing stock markets making cautious gains in morning trade but they were given a boost by comments from Vladimir Putin. While I would […]

LINK Price Inching Towards A Meteoric 70% Shoot! Are Whales Accumulating Chainlink Ahead Of A Euphoric Run?

chainlink

The post LINK Price Inching Towards A Meteoric 70% Shoot! Are Whales Accumulating Chainlink Ahead Of A Euphoric Run? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The fast track world of cryptocurrencies gets to boast a number of digital assets from its directory. Irrespective of the trends in the market being bullish or bearish. Which has been one of the major strengths of the industry. This time around it is Chainlink, which is taking strides to the limelight of the business. …

Stripe, FTX Partner For Bitcoin Business Payments

Stripe launched business infrastructure to support cryptocurrencies allowing businesses to transact and scale with Bitcoin.

Oil gains ground, gold hovers at 2K

Oil cautiously higher after mixed messages from UAE Oil prices are rising again, up around 4% on the day at one point, as talks between Ukraine and Russia give little cause for optimism. The risk of further disruption remains high, especially with more sanctions to come that will make life harder for Russia and companies […]

XRP To Top-5 Inevitable! Are These Indicators A Sign Of An Incoming 20% Rally?

ripplr xrp

The post XRP To Top-5 Inevitable! Are These Indicators A Sign Of An Incoming 20% Rally? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

  The world of cryptocurrencies continues to witness discussions revolving around the executive order from the White House, and its implications. Successively, the XRP army pins optimistic hopes around the implications of the executive order. As a number of governments’ interests remain the protocol’s imperative strengths. Whilst the community rejoices its growing strengths, investors and merchants …

MATIC Price To Remain Under $2 This Q1! Will This Be The Catalyst For a Bullish Rebound?

maticjump

The post MATIC Price To Remain Under $2 This Q1! Will This Be The Catalyst For a Bullish Rebound? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

 The crypto-verse has been longing for a catapulting flight to the stratosphere. They yearn for what has been escalating since the roll-out of the executive order. Which has been fueling optimism in the crypto fraternity. Wherefore, crypto investors and merchants are keen on investments in potential digital assets. Consequently, prominent layer-2 protocol Polygon is under …

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