Tag: Optimism
NEAR Prices Drop 6% after a Double Top, NEARUSDT Finding Support at $9.5
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.
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Ripple Vs SEC : Huge Win For Ripple, But Will The SEC Comeback Stronger? 
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
Commodities and Cryptos: Oil remains volatile, Gold tumbles, Bitcoin below $40k
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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…
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Cause for optimism?
LINK Price Inching Towards A Meteoric 70% Shoot! Are Whales Accumulating Chainlink Ahead Of A Euphoric Run?
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
Oil gains ground, gold hovers at 2K
XRP To Top-5 Inevitable! Are These Indicators A Sign Of An Incoming 20% Rally?
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?
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 …