Tag: trading volume

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A large portion of the circulating Cardano supply is held by whales, and there was some evidence from an NVT spike that suggested that the token could be undervalued. ADA’s trading volume has also been […]

A quant has explained how the Bitcoin funding rate (72 hour) may be able to correctly signal tops and bottoms in the price of the crypto. Bitcoin Funding Rate May Be Able To Indicate Tops And Bottoms In The Market As explained by an analyst in a CryptoQuant post, the 72-hour version of the funding…

The post Quant Explains How Bitcoin Funding Rate Predicted The Latest Top appeared first on Bitcoin News Miner.

The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According […]

AAVE V3 was unveiled to the public last week, expanding AAVE’s scope. Polygon released an integrated version of the MATIC

The post has appeared first on thenewscrypto.com

Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in

The post has appeared first on thenewscrypto.com

Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in

The post has appeared first on thenewscrypto.com

Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in

The post has appeared first on thenewscrypto.com

Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in

The post has appeared first on thenewscrypto.com

UNI coin price breaks above the long-coming downtrend and the $10 mark with a 30% rally. Will the uptrend sustain to reach the $15 mark? Key technical points: UNI coin price breaks above the long-coming resistance trendline. In addition, the price surpasses the 50-day EMA. Finally, the 24-hour trading volume of Uniswap is $245 Million, marking a 25% fall.  Past Performance of UNI UNI coin price shows a double bottom breakout-led bullish reversal from the $8 support level resulting in a price jump of 30%. The rally breaks above the long-coming resistance trendline marking a bullish milestone after a fatal downtrend. Moreover, it surpasses the 50-day EMA, which has provided a constant dynamic barrier.  Source-Tradingview UNI Technical Analysis  UNI coin price shows a retest phase of the trendline and the $10 breakout with a dragonfly candle of 1.92% retracement. Hence, a post-retest reversal rally may start shortly that may surpass the 100-day EMA. Uniswap token rally challenges the bearish aligned EMAs and outperforms the 50-day EMA while ready to approach the 100-day EMA. However, a potential rise to the 200-day EMA is possible with the $12.5 breakout. RSI Indicator: The RSI slope starts a remarkable journey with the bullish divergence generated at the $8 bottom. The rally approaches the overbought boundary and reflects a boom in buying pressure. MACD Indicator: The MACD and signal lines continue the bullish uptrend by undermining two bearish crossovers. Hence, the positive histograms continue to grow despite a few bearish dips. In brief terms, the UNI technical analysis shows a potential trend reversal possibility. Upcoming Trend  UNI coin price gains bullish attention with the long-coming resistance and the $10 breakout that may result in a bullish rally. Post-retest, the rally aims at $12.50. A firmer bullish grip could drive the prices higher to the 200-day EMA closer to $16. Hence, the rally shows a 20-45% price jump potential.  However, price succumbing under the 50-day EMA will rectify the rally and result in a downtrend to the $8 mark. Support Levels: $10 and $8 Resistance Levels: $12 and $16

The post UNI Technical Analysis: Trendline Breakout Eyes 20% Jump appeared first on Cryptoknowmics-Crypto News and Media Platform.

UNI coin price breaks above the long-coming downtrend and the $10 mark with a 30% rally. Will the uptrend sustain to reach the $15 mark? Key technical points: UNI coin price breaks above the long-coming resistance trendline. In addition, the price surpasses the 50-day EMA. Finally, the 24-hour trading volume of Uniswap is $245 Million, marking a 25% fall.  Past Performance of UNI UNI coin price shows a double bottom breakout-led bullish reversal from the $8 support level resulting in a price jump of 30%. The rally breaks above the long-coming resistance trendline marking a bullish milestone after a fatal downtrend. Moreover, it surpasses the 50-day EMA, which has provided a constant dynamic barrier.  Source-Tradingview UNI Technical Analysis  UNI coin price shows a retest phase of the trendline and the $10 breakout with a dragonfly candle of 1.92% retracement. Hence, a post-retest reversal rally may start shortly that may surpass the 100-day EMA. Uniswap token rally challenges the bearish aligned EMAs and outperforms the 50-day EMA while ready to approach the 100-day EMA. However, a potential rise to the 200-day EMA is possible with the $12.5 breakout. RSI Indicator: The RSI slope starts a remarkable journey with the bullish divergence generated at the $8 bottom. The rally approaches the overbought boundary and reflects a boom in buying pressure. MACD Indicator: The MACD and signal lines continue the bullish uptrend by undermining two bearish crossovers. Hence, the positive histograms continue to grow despite a few bearish dips. In brief terms, the UNI technical analysis shows a potential trend reversal possibility. Upcoming Trend  UNI coin price gains bullish attention with the long-coming resistance and the $10 breakout that may result in a bullish rally. Post-retest, the rally aims at $12.50. A firmer bullish grip could drive the prices higher to the 200-day EMA closer to $16. Hence, the rally shows a 20-45% price jump potential.  However, price succumbing under the 50-day EMA will rectify the rally and result in a downtrend to the $8 mark. Support Levels: $10 and $8 Resistance Levels: $12 and $16

The post UNI Technical Analysis: Trendline Breakout Eyes 20% Jump appeared first on Cryptoknowmics-Crypto News and Media Platform.

Ravendex, a non-custodial decentralized exchange built on the Cardano network has announced listing on popular cryptocurrency exchange Bitrue, just a few days after the platform revealed its NFT staking release. This marks the third listing the emerging DEX has experienced since its launch. Ravendex had earlier seen listings on the world’s leading price-tracking website for […]

Web 3.0 focuses on decentralization and cryptocurrencies are decentralized by definition. This is why cryptocurrencies are inextricably linked to Web 3.0, and experts anticipate that [...]