Fantom has surpassed the likes of Polygon and Avalanche in DEX transactions. The total value locked (TVL) on the Fantom

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Strong fundamentals, an influx of new users and a recently launched $300 million developer incentive are just a few reasons why ONE price is chasing a new all-time high.

During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits […]

The post The Shark Tank Star , Mark Cuban Includes These Altcoins In His Portfolio ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Mark Cuban, the Shark Tank star and millionaire, has revealed his crypto portfolio, which includes various non-fungible tokens (NFTs) and Ethereum-based altcoins (ETH).  The data exchange platform Ocean Protocol (OCEAN), cross-chain smart contract protocol Rarible (RARI), the governance token of the Olympus DAO (gOHM), and music streaming blockchain Audius are among Cuban’s top cryptocurrency holdings, …

The post Top 5 Altcoins Traders Can Bet On This Year! Analyst Charts Next Level appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin attempted to reach $44,000 a few hours ago but was halted. The majority of cryptocurrencies are marginally in the green, with Cardano being the largest gainer among the larger-cap ones, up 8%. According to Real Vision CEO Raoul Pal, five altcoins will perform well this year, with layer-1 altcoins and interoperable blockchains shining brightly. …

Polkastarted integrated Avalanche after the success it had with CELO in a bid to attain its desired global multi-chain status as we can see more today in our latest blockchain news today. As a part of the efforts to achieve its multi-chain goal, Polkastarted integrated Avalanche. The move to integrate it commenced after the success […]

The post Here’s Why SOL, LTC, DOGE & MATIC Price Poised For Major Gains appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The global cryptocurrency market capitalization fell 0.12 percent to $2.06 trillion in the last 24 hours, while trading volume fell 27.12 percent to $61.66 billion on January 16. Guy, the host of the Coin Bureau crypto channel, explains why, despite recent sell-offs, he remains bullish on five key crypto assets. He informs his 1.87 million …

Coin Bureau crypto channel host Guy is revealing why he remains bullish on five major crypto assets despite recent sell-offs. Guy tells his 1.87 million YouTube subscribers that he is unconvinced that the bull market is over and thinks there are “upcoming crypto milestones that could be a catalyst for a massive reversal.” Starting with Solana […]

The post These Upcoming Crypto Milestones Could Trigger a Massive Rally for Solana, Dogecoin and Three Altcoins: Coin Bureau appeared first on The Daily Hodl.

As the overall market recovery is slowly creeping in, altcoins like Chainlink too are looking at some sort of profits. But as enticing profits draw in new investors, certain other factors also hint towards a future where they might not gain returns as high as they might be expecting. Chainlink on thin ice? For any […]

Crypto markets have shaken off last week’s terrible slump. BTC and ETH are up, but altcoins are up more.

On December 27 2021, Metis Andromeda, a Layer 2 network based on a fork of Optimism, clocked a seven-day 142% TVL increase, surpassing $180 million.

MATIC coin price struggles to overcome selling pressure of $2.45 despite constant support from rising EMAs. Will the bears overtake trend control? Polygon utilizes a modified variant of the Plasma framework, which is based around proof-of-stake checkpoints as a part of the Ethereum mainchain. This innovative technology lets each sidechain on Polygon process as high as 65,536 transactions per block. Polygon currently has support for only the Ethereum sidechain. The network plans to expand support for other base chains in response to suggestions from the community and consensus. This will make polygon an interoperable and decentralized layer 2 blockchain platform. Let us move ahead to read about Polygon technical analysis. Past Performance of MATIC The MATIC coin price action reflects a rise of 20% in the last five days after finding demand near the support trendline in action. However, the price struggles to rise above the resistance zone at $2.45 in the daily chart. It is evident by the recent bearish candle and a higher price rejection in the present daily candle. MATIC/USD Daily Chart MATIC Technical Analysis The MATIC coin price action finds support, after a 30% fall, near the high confluence support area near $2, 100-days EMA, and the support trendline. However, the push from the high-demand zone struggles to overcome the selling pressure at $2.45.  Crucial EMAs (50, 100, and 200) rise higher in a bullish alignment helping maintain a bull run in action. It is evident by the constant dynamic support of 50 and 100-day EMAs. The RSI indicator at 65% shows a sideways movement as the slope flattens slightly above the central mark in the daily chart. However, the 14-days SMA falls below the central mark, giving a bearish warning. The MACD indicator shows a spark in the fast line as it rises to give a bullish crossover, but it flattens as it approaches the signal line. Nonetheless, the falling distribution of the bearish histogram reflects a solid bullish revolt. Therefore, the MATIC technical analysis reflects high selling pressure at $2.45, but the gradual growth in the underlying bullishness might soon overcome it.  Upcoming Trend The constant support from the crucial EMAs to the MATIC coin price indicates a solid underlying bullishness. Therefore, the chances of bullish reversal rising above the zone at $2.45 are high. Thus, traders can find an excellent breakout entry opportunity shortly. The price action suggests high supply areas at $2.70 and $3 can post-breakout bull run. And, in case of a bearish trend, the price can find support at $2.15 and the 50-day EMA. At the time of writing, the sentiments chart gives a “BUY” signal for the Polygon token.

The post MATIC Technical Analysis: Selling Pressure At $.245 Triggers Fear of Bearish Downfall, Is It The Time To Sell? appeared first on Cryptoknowmics-Crypto News and Media Platform.