Market-leading NFT marketplace OpenSea has now seen more than one million users make a transaction on its platform as the space continues its recent revival. Data from Dune.

Okuthunyelwe Ethereum (ETH) and Altcoins Ready to Explode! Bears to lay low Soon? ivele kuqala Coinpedia - Fintech & Cryptocurreny News Media| Umhlahlandlela we-Crypto

The crypto market has been in the red since the new year began, with the first week bringing down the most valuable coins by double digits as fear, uncertainty, and doubt (FUD) gripped the global economy amid concerns about inflation, liquidity, and the US Federal Reserve’s next move. After weeks of continuous sell-offs, a well-known …

DOT coin price action shows a rise in the underlying bearishness within the inverted flag pattern teasing a fallout shortly. Polkadot is a base for a decentralized internet that is managed by its users and helps to make it easier to create new institutions, applications, and services. The Polkadot protocol allows for the connection of the private and public blockchains, without permission oracles, networks, and the latest technological advancements, making it possible for these distinct blockchains to securely exchange information and data through their Polkadot Relay Chain. Let us move ahead to read about the Polkadot technical analysis. Past Performance of DOT DOT coin price shows a consolidation phase in action from last month between $32 and $24 in the daily chart. The consolidation range comes after a 50% fall from the horizontal level at $54. Therefore, the price action forms an inverted head and shoulder pattern in the daily chart. DOT/USD Daily Chart DOT Technical Analysis The DOT coin price resonates close to the support level of the flag pattern and indicates a bullish reversal. However, the higher price rejection within the range shows lower high formation. The crucial EMAs (50, 100, and 200) maintain a falling trend with the 50-day EMA providing dynamic resistance resulting in the higher price rejection. Therefore, the higher price rejection with falling 100-day EMA increases the chances of a bearish crossover with the 200-day EMA. The RSI indicator at 47% shows the slope struggling to rise above the 50% mark in the daily chart. However, the falling prices fail to influence the RSI slope as it shows lesser correction in comparison. Therefore, the slope presents a divergence. The MACD indicator shows the MACD and signal lines give a bullish crossover with a sudden reversal and neutralizing the previous bearish crossover. Therefore, the indicator gives a weak buy signal for the coin. In short, the technical analysis showcases the indicators giving weak buy signals, while the DOT coin price action hints at a bearish fallout. Upcoming Trend The breakout of the inverted flag pattern will increase the overall trend momentum in the DOT coin. Moreover, the breakout seems imminent with the higher price rejection. The price action suggests support levels at $18 and $10 can halt the bearish trend upon the breakout of $24. However, an unlikely bullish breakout will face opposition near $38 and $45. In conclusion, the consolidation phase shows a slight rise in the underlying bearishness and hints at a possible fallout. However, traders should wait for the price action confirmation before taking a short-side trade.

Okuthunyelwe DOT Technical Analysis: Bearishness Within Inverted Flag Pattern : Is It The Best Time To Sell? ivele kuqala I-Cryptoknowmics-Crypto News and Media Platform.

Dubai, UAE, Jan 14, 2022 - (ACN Newswire) - Nexum Foundation has successfully launched its utility token I-NEXM o the Decoin exchange on January 5, 2022. On the first day of trading, the token price reached USD 0.132, representing a 116% increase. This launch makes Nexum the first blockchain-based platform in maritime financing to publicly trade its cryptocurrency.

Nexum is a blockchain-based fintech platform built to provide funding securely and efficiently to traders in the shipping and oil industry. Nexum Coin (NEXM) is the platform's dedicated ERC20 utility token, which traders and other maritime ecosystem participants must use to receive funding in order to obtain access to services offered by the platform.

I-NEXM ithokheni ingaphansi kwe-Nexum Foundation Ltd. e-Singapore. Isisekelo sihlose ukukhuthaza izinguquko ohlelweni lokwabiwa kwezimali embonini yezasolwandle. I-Nexum iletha izinto obala, ukusebenza kahle, nokuziphendulela embonini ebophezelekile ezinkokhelweni eziwela imingcele kanye nemisebenzi yemali.

I-Nexum igqugquzela ukwamukelwa kobuchwepheshe be-blockchain kanye nezinkokhelo ze-crypto yi-maritime ecosystem. Ukuthumela imboni ehlukene futhi e-opaque eziboleka ngokwemvelo ezinhlelweni ze-crypto. Imvelo yayo ye-multijurisdictional kanye ne-multicurrency ihlinzeka ngendawo evundile yokusetshenziswa kwamathokheni okuzokwenza izinkokhelo eziwela imingcele kanye nezimali ezithunyelwayo zisheshe futhi zisebenze kahle.

Nexum's vision is to form the backbone of tokenization in shipping transactions. By utilizing blockchain technology and big data clusters, Nexum will drive performance and credit-risk-related assessments on a per vessel/ship-manager basis. Nexum uses a data-driven approach which analyzes and predicts trade flows and world economic activity on a macro level.

Isisekelo sihlela ukufaka kuhlu i-NEXM kukho konke ukuhwebelana okukhulu kusemester yokuqala ka-2022. U-80% wemali etholwayo uqondiswe ekuxhasweni ngezimali okusekelwe impahla embonini engu-250Bn enamathokheni angu-5Bn kuphela.

Umphakathi we-Nexum ungowomhlaba wonke futhi ukhula ngokushesha. Kusukela e-UAE kuya e-USA, Europe, Australia, nase-China, sikhula sinamandla futhi siphazamisa kakhulu njengoba ithokheni ifinyelela ekuhwebeni okukhulu kakhulu ezinyangeni ezizayo.

Joyina i-NEXM kulolu hambo lokukhula, ukusungula izinto ezintsha, kanye nokusebenza kahle kwezobuchwepheshe.

Izixhumanisi Zokuxhumana:
Twitter: https://mobile.twitter.com/coinnexum
Isiteshi se-telegraph: https://t.me/nexum_official
Iqembu leTelegram: https://t.me/CoinNexum

Media Contact
Nexum Foundation : NEXM
Kristiana Ndreka, Chief Investor Relations Officer
E-mail: [i-imeyili ivikelwe]
Iwebhusayithi: https://www.nexum.ai

SOURCE: Nexum

Imininingwane 2022 ACN Newswire. Wonke Amalungelo Agodliwe. www.acnnewswire.com

FTM coin price action hints at an inverted head and shoulder breakout and $3.16 level, which will help in the creation of a new all-time high. Fantom is a directed acyclic network (DAG) smart contract software platform that provides decentralized finance (DeFi) services for developers through its own custom consensus algorithm. Along with its own currency FTM, Fantom aims to address the issues associated with smart-contract platforms, including the speed of transactions. Developers claim they have reduced it to less than two seconds. Let us move ahead to read about Fantom technical analysis. Past Performance of FTM FTM coin price shows a rise of more than two-fold within a month, with the demand found near $1.25. Moreover, the price has grown 40% in the past four days after the recent dip to the 50-day EMA. Moreover, the price breaks above the $3 psychological mark, indicating growth in overall bullish sentiment for the coin.  FTM/USD Daily Chart FTM Technical Analysis The FTM coin price jump results in the breakout of an inverted head and shoulder pattern in the daily chart. Therefore, a breakout of $3.16 can drive the rally higher to create new all-time high levels. The crucial EMAs (50, 100, and 200) maintain a bullish alignment with the 50-day EMA providing dynamic support to the short-correction phases. Moreover, the lower price rejection in the recent daily candles insinuates a bull run above $3.16. The RSI indicator at 64% flattens after the crossover, with the 14-day SMA slightly below the overbought zone. Moreover, the SMA resembles a similar action, but the lines remain in the nearly overbought zone. The MACD indicator shows the MACD and signal lines reverses after the bearish crossover and gives a bullish crossover in the daily chart.  Therefore, the long-tail formations reflect solid lower price rejection in the FTM coin prices and increase the chances of a rally above $3.16.  Upcoming Trend The breakout of the inverted head and shoulder will increase the overall bullish activity in the FTM coin. Therefore, the breakout of $3.16 seems imminent and will drive the prices higher to $3.5. The price action suggests resistance levels at $3.5 and $3.75 that can oppose the uptrend if the prices break the barrier at $3.16. The high demand levels are at $2.6 and $2.2, which can support the falling prices if it fails to rise above $3.16. In conclusion, the current rally seems to be solid and can overcome the high selling pressure areas. Therefore, traders can hold or even increase their position size.

Okuthunyelwe FTM Technical Analysis: Bullish Pattern Teases a Rally to Create New All-Time High: Is It Too Risky To Join The Rally? ivele kuqala I-Cryptoknowmics-Crypto News and Media Platform.

. Five years ago, if you had suggested there would be over 4,000 new CFDs based on footballers from the major European leagues, most people would have just laughed.

ACA is excited to announce the launch of its advanced social trading platform HedgeBoard, complementing its existing social mining rewards club protocol.  Both developments can prove beneficial to the ACA Token and its traders. ACA Launches HedgeBoard The next generation social trading platform, Hedgeboard is now part of the ACA Eco-System. As a Trading Performance […]

The crypto market was mostly lower over the past 24 hours. Major investment bank JPMorgan Chase reports its…

Okuthunyelwe Market highlights January 14: Bitcoin takes a step back, big banks kick off earnings season ivele kuqala Imali Yezinhlamvu.

In an exclusive interview with Finance Magnates, Achraf Drid, Managing Director of XTB MENA, recently discussed the global growth in trading volumes across the FX and CFD market.

“We remain the only bank with real links to crypto exchanges and open to retail accounts and traders,” Arvie de Vera of UnionBank said in a phone interview.

Okuthunyelwe [Interview] UnionBank Assures It’s Still the Most Crypto-Friendly Bank in the Philippines Amid Reports of Account Closures on Social Media ivele kuqala I-BitPinas.

ONE coin price action breaks above the rounding bottom pattern with a 35% jump in last week and draws extreme buying pressure. Harmony is an open-source blockchain platform that was designed to ease the creation, as well as, use of decentralized apps (DApps). The network is designed to improve the way that decentralized applications operate by making use of random state sharding. This lets you create blocks in a matter of just a few seconds. According to the website of the project, Harmony is expected to launch cross-shard contracts as well as cross-chain technology before the year 2021’s end. Let us move ahead to read about the Harmony technical analysis. Past Performance of ONE ONE coin price shows a growth of more than 35% in the past four days from the curve of the rounding bottom pattern. The rally creates multiple bullish engulfing candlesticks in the daily chart. Thus, the rally brings the long-awaited rounding bottom pattern breakout mentioned in our previous article. ONE/USD Daily Chart ONE Technical Analysis The ONE coin price action rises above the resistance zone at $0.34 with a boom in buying pressure. The depth of the rounding bottom patterns hints at a possible 100% gain in the coin price. The crucial EMAs (50, 100, and 200) maintain a rising trend in the daily chart. These EMAs can act as dynamic support levels and help maintain the uptrend during each bear attack. The RSI indicator at 69% spikes higher to the overbought zone from the central line in the daily chart. Additionally, the 14-day SMA continues to rise higher, proposing a long-coming rally. The MACD indicator shows the MACD and signal lines rising higher after avoiding a bearish crossover in the daily chart. Moreover, the bullish histograms regain their strength, indicating a post-breakout bull run. Therefore, the ONE price action and the technical indicators showcase a high possibility of a breakout-backed bullish rally. That is why even safe traders can find high risk to reward position entries at current prices. Upcoming Trend The increasing buying pressure and the breakout of the rounding bottom pattern strengthen the underlying bullish momentum in the ONE coin. Therefore, Harmony is one of the few layer-1 altcoins showing a bullish upcoming trend despite the dark clouds over the crypto-verse. The price action indicates resistance levels at $0.45 and $0.53 after the primary resistance at $0.40. The support levels are at $0.34 and $0.30, which can halt the reversal from the trendline. In conclusion, the bullish breakout brings an excellent buying opportunity at current prices. And, a bull run above $0.55 is possible if the buying pressure sustains. Hence, traders can enjoy this bullish rally with little to no risk of a bearish downfall except for a retest. Technical Analysis for ONEUSDT by TradingView

Okuthunyelwe ONE Technical Analysis: Rounding Bottom Breakout Unleashes the Long-Awaited Rally: Is This the Best Time to Buy? ivele kuqala I-Cryptoknowmics-Crypto News and Media Platform.

Okuthunyelwe Right Time To Buy More Bitcoin ? Here’s What On Chain Data Say ! ivele kuqala Coinpedia - Fintech & Cryptocurreny News Media| Umhlahlandlela we-Crypto

The cryptocurrency market is now in an upward trend. BTC is expected to reach $46K, while ETH is hovering at $3.2K. Most altcoins are losing money in lockstep with the market. Altcoins, on the other hand, are defying the trend and printing substantial gains. BTC is currently trading at $44k, up 7.8% from its lowest …