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The Wuling COVID Testing Cars will be delivered at the end of May

HONG KONG, May 23, 2022 - (ACN Newswire) - On May 13, Guo Yanhong, the supervisor of the Medical Administration and Hospital Authority of the National Health Commission,...

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Highlights March 4: Cryptos in the red, precious metals soar

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The crypto market was in the red over the past 24 hours and the…

The post Highlights March 4: Cryptos in the red, precious metals soar appeared first on Coin Journal.

WAVES Token Price Skyrockets by 100% In A Week On Binance Announcement

WAVES token more than doubled in value this week, after Binance said it would begin accepting the coin as collateral on its loans platform. The token is now trading at a three-month high of $20.5. The token’s trading volumes jumped more than 200% this week, after Binance said it would accept the token. WAVES has

The post WAVES Token Price Skyrockets by 100% In A Week On Binance Announcement appeared first on CoinGape.

Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday

Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on WednesdayFantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session. Biggest Gainers Fantom was one of Wednesday’s biggest bulls, and was up close […]

Highlights March 1: Cryptos stage comeback, defence stocks on the rise

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The crypto market is rallying across the board today. Price growth is provoked by…

The post Highlights March 1: Cryptos stage comeback, defence stocks on the rise appeared first on Coin Journal.

Highlights Feb 25: Cryptos recover, UK100 ends deep in the red

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Despite starting with noticeable declines yesterday, cryptos showed an impressive recovery over the past…

The post Highlights Feb 25: Cryptos recover, UK100 ends deep in the red appeared first on Coin Journal.

Traders Can Bet On These Altcoins at the Dip, These May Rebound With High Magnitude Very Soon!

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The post Traders Can Bet On These Altcoins at the Dip, These May Rebound With High Magnitude Very Soon! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the crypto market is plunging for the ‘Nth’ time since the bull run materialized the highs for many of the altcoins, many cryptos may tend to rebound with huge intensity. Some altcoins tend to flip the bearish divergence quickly and recover more than 50% loss in just a couple of days. And below mentioned …

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Market Update: Top 10 Cryptos All Down In The Red Today

The crypto was red on Wednesday night but took a nosedive on Thursday morning when it became clear that Russia was attacking Ukraine. Yesterday, US stocks went into freefall as tensions in Ukraine continued to escalate. The SPX500 (-2.25%), DJ30 (-1.69%), and NASDAQ100 finished heavily red with investors fleeing safer assets. Tensions have been high lately due to the ongoing crisis between Russia and the West, which poses an increased danger that could affect many different aspects of life around planet Earth such as trade agreements or even violence between its citizens at home base (Ukraine). Related Reading | Bitcoin Investors Haven’t Responded To Russia-Ukraine War With Large Inflows (Yet) The preliminary GDP data for the fourth quarter of 2021 is expected to be released at 13:30 GMT, which could cause volatility in markets. With Russia’s invasion of Ukraine, oil prices have skyrocketed past $97 this morning. Top Cryptocurrencies Performance The crypto market took a nosedive over the past 24 hours, with most coins in the top 20 dropping by 10%. Five out of 10 cryptocurrencies experienced double-digit losses: Cardano more than 15%, Avalanche 14% Ethereum and BNB 12%. The sixth-highest valued coin by market capital, XRP, had fallen 11%. The price of Bitcoin is down today, trading under $35,000 when writing these words. Outside top 10 coins, Dogecoin (down 15%), Polkadot, and Polygon have also lost significant value, with them falling over 14%.  Top Movers Of The Day It’s not just the top 20 cryptocurrencies that are struggling to keep their heads above water. Outside of this select group, 8% or less loss has been sustained by most other tokens on offer today. Chainlink is getting hit even harder – losing 17%. The Graph, Fantom, Elrond, and Gala each lost 18%. Related Reading | Crypto Market Bleeds As Missiles Rain Down On Ukraine The markets took a plunge on news that Putin declared war against Ukraine. VeChain and AAVE lost almost 17%, while Theta Network, Enjin coin, Harmony, Looper, and Curve DAO Token dropped 19%. The group’s biggest loser is Convex Finance, which shed almost a quarter of its value. The other companies have all lost between 19-20%. Mina’s loss was 20%, followed by Kadena at 19% and PancakeSwap with an 18% decrease in performance. Top Trending Market Update Unifty is a new company that provides Contract-as-Service solutions for digital artists and collectible issuers. Their platform enables them to create contracts without coding knowledge, which has increased the value of their token by 82% in just 24 hours. The crypto market is in the doldrums, but ACCEL token has seen an increase of more than 18% over 24 hours. The reason? A Binance listing is scheduled for today. It’s a multi-utility asset that claims to bring several real-world utilities into the cryptocurrency space, and investors are excited about it. Featured image from Pixabay, Chart from TradingView.com

Crypto Markets Erase $200 Billion Hours After Russia-Ukraine Conflict

Crypto markets erase $200 billion only a few hours after the Russia-Ukraine conflict started and a military operation was launched on multiple cities in Ukraine so let’s read more in today’s latest cryptocurrency news. After yesterday’s recovery attempts, Bitcoin crashed again after the conflict escalation between Russia and Ukraine as it dropped to $34,000. Most […]

Market highlights February 24: Five of the top 10 cryptos dropped by double digits

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Crypto assets were trending downward on Wednesday night, but when Russia began attacking Ukraine…

The post Market highlights February 24: Five of the top 10 cryptos dropped by double digits appeared first on Coin Journal.

THETA Technical Analysis: Correction Grows To Challenges $2 Fallout

THETA Technical Analysis

The THETA coin price action continues the correction phase with a breakout of lower lows and multiple support levels. Will this trend break below $2? Under the influence of a highly bearish resistance trendline, the THETA coin price continues to create the lower low formation. The correction rally breaks below the $3 and $2.5 marks resulting in the start of another lower low figure that threatens the breakout of $2. Will the bears breach the $2 mark? Key technical points: THETA coin price fails to surpass the 50-day EMA. The altcoin price breaks below the low of $2.50.  The 24-hour trading volume in the Theta Network token is $343 Million, indicating a 38% rise.  Past Performance of THETA The THETA token price showed a bullish attempt to surpass the 50-day EMA after creating a low on the $2.5 horizontal level. However, the prices failed to sustain above the 50-day EMA as the sellers-driven trendline crushed the bullish rally. The downfall breaks below the low of $2.5 and continues the approach to create another low at $2. Source-Tradingview THETA Technical Analysis  The THETA coin price shows an increase in selling pressure evident by the 40% jump in the trading volume. Hence, the possibility of a $2 breakout is significantly more than the bottom creation at $2. The crucial 50, 100, and 200-day EMAs continue to trend lower in a downtrend with a bearish alignment as the 50-day EMA provide an active barrier. Hence, the EMAs are expected to resist the upcoming bullish attempts.  The RSI Indicator slope continues the fall after a sharp rise within the nearly oversold zone, indicating a bearish continuation. The RSI slope may shortly reach the oversold area below the 30% mark, increasing short-term reversal chances.  The MACD indicator shows the fast line failing to sustain above the zero value while the slow line fails to surpass it. Thus, the lines give a bearish crossover and continue the downtrend below zero.  In a nutshell, the THETA technical analysis proposes the bears will propel the prices to the $2 mark. Upcoming Trend The THETA coin price may shortly reach the $2 mark, but the thesis of a breakdown trend will be confirmed with price action. The RSI indicates the possibility of a reversal, but the 50-day EMA may check the bullish growth. Hence, the upcoming trend seems bearish till the prices reach the $2 mark.  Support Levels: $2 and $1.73 Resistance Levels: $3 and $3.5

The post THETA Technical Analysis: Correction Grows To Challenges $2 Fallout appeared first on Cryptoknowmics-Crypto News and Media Platform.

Following the dips – Top crypto assets to watch in the recent slump

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The crypto market has dipped quite significantly in the last two weeks or so.…

The post Following the dips – Top crypto assets to watch in the recent slump appeared first on Coin Journal.

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