Generative Data Intelligence

Tag: strength

Short-Term Supply Dwindles

Bitcoin accumulation trends have softened in the short term, despite extremely constructive long-term demand trends. The potential energy for a capitulation event is in place, but is yet to manifest as it has in previous market cycles.

Theta Fuel Price Prediction 2022 – Will TFUEL Hit $0.5 Soon?

Theta Fuel Price Prediction — Will TFUEL Hit $0.5 Soon?

Bullish TFUEL price prediction is $0.164 to $0.4724. TFUEL price might also reach $0.5 soon. TFUEL bearish market price prediction

The post has appeared first on thenewscrypto.com

Binance Coin Price Prediction 2022-2026-Will BNB Price Hit $600 by the end of 2022?

Binance

Binance Coin (BNB) is the native token of the Binance blockchain. The Binance blockchain allows developers and project owners to create decentralized applications (dApps) on it. Most of the dApps that are developed in the Binance blockchain are hosted as BEP20 tokens which are in their thousands. Presently, transactions in the tokens are carried out by using ether in buying the fees in the form of BNB which is one of the cheapest in the industry. Also, recent projects are hosted on Binance Smart Chain (BSC). What is Binance Coin (BNB)? Binance Coin is a cryptocurrency that was founded by Binance exchange CEO Changpeng Zhao in 2017. BNB was formerly hosted on the Ethereum blockchain during its launch before the migration to Binance Smart Chain in September 2020 after the launch. It raised $15 million through its public sale of 100 million BNB out of its total supply of 200 million at an initial coin offering price of $0.15. BNB investors used Bitcoin and Ethereum to purchase the token during the launch. Binance Coin (BNB) has been community-driven following the ease to build and launch tokens on Binance Smart Chain. This has enabled it to attain an all-time high price of $690.93 on May 10th, 2021 during the bullish run of some of the top 50 cryptocurrencies. The early investors who purchased BNB during its ICO are presently having a return on investment worth over $3800 per $1. Let’s see the Binance Coin price analysis for the coming years. Price Analysis of Binance Coin Flashback: Fundamental Analysis of Binance Coin Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Binance crypto and exchange community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that Binance Smart Chain and Binance Coin would now be called “Build and Build” which denotes a better symbol for BNB and will help users who wish to create tokens that they are committed to the success of the blockchain irrespective of stiff competition they face from other competitors in the industry. When more projects are launched on the Binance blockchain, the price of BNB will continue to rise as a result of more demand to carry out transactions in the platform with it. Also, there was a release that the Binance Accelerated Burn Program has enabled it to keep burning a certain quantity of BNB every quarter depending on the total blocks produced and the gas fees released, which will be replaced with the BNB auto-burn mechanism. This will ensure a hitch-free process that can be independently verified until 50% (100 BNB) of its total supply had been burned. Now, we shall use charts to discuss the price analysis of Binance Coin (Build and Build). https://www.tradingview.com/x/kQDJkz6f/ From the link above, the relative strength index (RSI) value of Binance Coin is 48.03 which means that the present trend is weak or neutral since it lies between 30 and 50. More buyer pressure might increase the price since it is currently bullish. https://www.tradingview.com/x/MdpAiudS/ The link above represents a 1day chart of BNB/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the middle part of the curve though bullish, the price of BNB might consolidate further before taking a direction depending on the activities of buyers or sellers. https://www.tradingview.com/x/64YrwekL/ BNB might witness a period of downtrend soon since the yellow curve in the EMA Ribbon link above is above the recently formed candlesticks. Binance Coin Price Prediction 2022 By the end of the first quarter of 2022, the price of BNB might reach $390. However, it will be within the range of $340 and $410 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, BNB prices will be within $395 to $500 and $410 to $600 respectively. Binance Coin Price Prediction 2023 The price of BNB might reach $700 by the end of the first quarter and $800 by the end of the second quarter. In the third and fourth quarters of 2023, Binance Coin prices drop to $600 and then rise to $900 respectively. Binance Coin Price Prediction 2024 The price of BNB might reach $1000 by the end of the first quarter and $1200 by the end of the second quarter. In the third and fourth quarters of 2024, BNB prices might be $1600 and $1900 respectively. Binance Coin Price Prediction 2025 The price of Binance Coin might reach $1800 by the end of the first quarter and $2000 by the end of the second quarter. In the third and fourth quarters of 2025, BNB prices … Continued

The post Binance Coin Price Prediction 2022-2026-Will BNB Price Hit $600 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Will the Upcoming Week Turn the Tables for Bitcoin? This Could be the Target for BTC Price!

Bitcoin

The post Will the Upcoming Week Turn the Tables for Bitcoin? This Could be the Target for BTC Price! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the Quarter-end is approaching very close, huge volatility may be expected to record either a bearish or bullish close. The star crypto, Bitcoin has diminished price variations to a large extent from the past couple of days. Moreover, the asset is unable to clear the mandatory levels along with $39,500, despite multiple attempts. Therefore, …

Litecoin Price Prediction: LTC/USD Range-bounds; Price Trades Around $105

Litecoin Price Prediction – March 13 The Litecoin price prediction reveals that LTC could not climb above the $110 level as the coin prepares for [...]

Bitcoin Price Prediction: BTC/USD May Not Go Beyond $40,000 Level

Bitcoin Price Prediction – March 12 The Bitcoin price prediction is hovering below the moving averages as of late, with the daily low being located [...]

How Bitcoin Mining Strengthens Electricity Grids

Bitcoin enables mining utilities to engage in agreements that are mutually beneficial to miners and the electricity grid.

Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend

bitcoin,-ethereum-technical-analysis:-eth-remains-close-to-support-of-$2,550-to-start-the-weekend

Ethereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. Following strong gains on Tuesday, BTC and ETH have both mainly traded sideways, as price uncertainty grips markets. Bitcoin Bitcoin is down just over 1% as of writing, as the world’s largest cryptocurrency continued to trade…

The post Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend appeared first on Bitcoin News Miner.

Bitcoin, Tectonic Shifts In The Financial System And Oil

Discussing the latest macroeconomic developments as they relate to Bitcoin, including oil prices and market misconceptions.

The Crypto Space, Power Imbalance, and Uncertainties with DAOs

DAOs, Decentralized autonomous organizations, have gained immense popularity as associations that are presumably more democratic and equitable (1).  For those unversed, a DAO is a business structure akin to a corporation or an LLC made up of a token or a custom cryptocurrency and online community space on platforms like Discord.  Its members hold internal discussions and […]

Bitcoin Price Prediction: BTC/USD Slides Below $39,000 Support

Bitcoin Price Prediction – March 11 The Bitcoin price prediction is back under $39,000 after losing an important trend line that has supported the cryptocurrency’s [...]

Bitcoin(BTC), Ethereum(ETH) & Cardano(ADA) Price To Hit This Level During the Weekends? 

btcethada

The post Bitcoin(BTC), Ethereum(ETH) & Cardano(ADA) Price To Hit This Level During the Weekends?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin(BTC) Price Analysis Yet another attempt of Bitcoin to breach through the $40K levels appears to have gone in vain but not completely vanished. BTC price is currently swinging within a very narrow range very close to $40,000. The asset is sustaining strong close to $40,000 since the beginning of the present-day trade. And hence …

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