Tag: prices
Earnings to bring normality
Freetrade Provides Direct Access to German Stock Market
Revealed: 277-year-old asset class booms thanks to NFTs
Recently, the ultra-rich spent more than $2.6 billion on this 277-year old asset in just 2 weeks.
The post Revealed: 277-year-old asset class booms thanks to NFTs appeared first on CryptoSlate.
MATIC and ONE Struggles at ATH! Are These Blue-Chip Cryptos Really Ready For The Future?
The post MATIC and ONE Struggles at ATH! Are These Blue-Chip Cryptos Really Ready For The Future? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
We often hear traders’ grievances about Ethereum’s huge gas fees and network congestion problems. However, it’s strange that the shortcoming is spreading like a slow poison to the rest of the crypto-verse. Especially after Solana, Matic, and Harmony have been receiving a backlash from frustrated users due to their sluggish network speed. Polygon (MATIC) and …
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CELR Technical Analysis: Bullish Frenzy Hints at a Double Bottom Breakout
CELR coin price action reflects increased chances of a double bottom breakout to drive the price higher above the $0.10 mark. While blockchain can be exciting, however, it leaves a lot to be desired when it comes to the speed of transactions and efficiency. Celer Network is a cleverly designed layer-2 scale solution that allows off-chain transactions processing. The Celer platform provides rapid, easy as well as secure transactions off-chain for smart contracts and payment transactions. Let us move ahead to read about the Celer technical analysis. Past Performance of CELR CELR coin price grew more than 25% from the $0.06 mark, resulting in the double bottom pattern in the daily chart. Moreover, recent bullish candles formation indicates a reversal in the short-term downtrend. The neckline of the pattern is at $0.085, the breakout of which will mark a bullish milestone. CELR/USD Daily Chart CELR Technical Analysis The CELR Network fills a vital space in the cryptocurrency market. Its interoperability and its blockchain-agnostic design are ideal for growing DeFi communities. Users can take advantage of Celer’s features for more ROI-related opportunities, as well as, save on fees and reduce time to complete transactions. The crucial EMAs (50, 100, and 200) showcase a rise in underlying bearishness evident by the death cross in the daily chart. Moreover, the EMAs can show dynamic resistance to the increasing prices. The CELR price action indicates resistance levels at $0.10 and $0.12 above the neckline at $0.80. The support levels are at $0.60 and $0.40 which can halt a downfall if the price fails to give a bullish breakout. The RSI indicator at 51% shows a spike in the slope as it breaks above the center mark and the 14-day SMA. Moreover, the SMA takes a bullish slope and indicates a rise in bullish powers. The MACD indicator shows a reversal in the MACD and signal lines as they overcome the influence of the recent bearish crossover. The lines regain the uptrend momentum and give a bullish crossover. Therefore, the indicator showcases a bullish revolt in action. Upcoming Trend The upcoming trend in the CELR coin price seems to be bullish as the chances of the double bottom breakout increase significantly. The technical indicators and the price action suggest the breakout opportunity. However, safe traders need to be patient and wait for the price action confirmation.
The post CELR Technical Analysis: Bullish Frenzy Hints at a Double Bottom Breakout appeared first on Cryptoknowmics-Crypto News and Media Platform.
Bitcoin Regains Bullish Momentum as Buyers Recoup to Resume Uptrend
Gold Q1 2022 Fundamental Forecast: Gold Fundamental Outlook Proves Mixed
It took US inflation rates surging to their highest level since March 1982 and the emergence of a new strain of COVID-19 for markets to…