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Tag: prices

Earnings to bring normality

It’s been a rollercoaster start to the year and as we head into earnings season, it’s hard to say exactly where investors stand. Blocking out the January noise is one thing but it’s made far more complicated by omicron, inflation, and the rapid evolution of monetary policy. Yesterday’s reaction to the inflation data was a […]

Freetrade Provides Direct Access to German Stock Market

United Kingdom-based Freetrade, a commission-free trading platform, announced on Thursday that is now providing direct access to the German stock market, allowing its clients to trade German-listed...

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?

MATIC and ONE Price

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 …

Cardano Jumped 7% After Coinbase Restarted Withdrawals

Cardano jumped 7% after Coinbase restarted withdrawals on Wednesday after many traders faced withdrawal issues a week ago so let’s take a closer look at today’s Cardano ADA news. Cardano’s rally was fueled by traders that regained confidence in the protocol and now the HKMA is taking a more gentle approach to retail crypto. Cardano […]

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

Bitcoin Mining Firm Luxor Launches ASIC Trading DeskOn January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service […]

MetaBirkin bag NFT creator invokes the 1st Amendment

Mason Rothschild, creator of MetaBirkin bag NFTs has invoked the First Amendment as the foundation of his right to create digital works, including NFTs.

Robinhood Listing Rumors Boost Shiba Up By 16%: Analysis

Memecoins are among the highest gainers over the past day and now with the Robinhood listing rumors about SHIB, we can see the coin surging by 16% in the past 24 hours. But are the rumors true? Let’s find out in today’s altcoin latest news. Shiba Inu jumped 16% leading the gains among other cryptocurrencies […]

CELR Technical Analysis: Bullish Frenzy Hints at a Double Bottom Breakout

CELR Technical Analysis

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

The Bitcoin (BTC) price has regained momentum after sellers pushed the largest cryptocurrency below the $40,000 level.

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…

NFT Hoodies? Tezos Inks Deal with Apparel Retailer Gap in Latest Challenge to Ethereum

Tezos' dealmaking is picking up mojo with its latest agreement — helping Gap support NFT hoodies.

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