Author: Granit.M

DOT Key Highlights as It Faces Rejection at $22 Polkadot faces stiff resistance at $22 DOT price targets the $26 high The bullish momentum subsides as the market reaches an overbought region Polkadot ( DOT) Current Statistics as It Faces Rejection at $22 The current price: $22.05Market Capitalization: $24,141,182,112Trading Volume: $1,483,963,502Major supply zones: $48, $52, $56Major demand zones: $32,, $28, $24 Polkadot (DOT) Long-Term Analysis: Bullish Polkadot’s (DOT) uptrend is stalled at the recent high as it faces rejection at $22. For the past three days, buyers have been struggling to break above the recent high. On August 11, the…

Ripple recovered from its previous failure to violate the $0.76 barrier. The coin surged to the $1.06 key level but is now severely overbought. The $1.31 key level awaits the break out of the market. XRP/USD is severely overbought at the $1.06400 key level. The coin has successfully executed a rally up to this point. The rally began as far back as the 21st of July 2021, after a previous unsuccessful bullish operation a month earlier. Ripple recovered from its previous failure to retest the $0.76300 barrier. The resistance was unyielding, but the persistence of the crypto eventually gave it…

Ethereum has been stuck in a range since it hit $3,200. The coin is likely to first retest the $2,880 support level before going higher. ETH/USD could make a bullish run for the $3,270 and $3,580 resistance levels thereafter. ETH/USD approaches the support level it recently created, in what looks to be a typical break and retest market model formation. This potential retest is looking to bounce off the $2,880 support level. The support level was formed in a bullish run that was renewed off the $2,450 support level on the 3rd of August. Price broke through the resistance zone…

Bulls’ momentum increases in Polygon market A bullish breakout at $1.23 price level MATIC/USD is pulling back at $1.48 The support level of $0.89 can be reached provided $1.23 level does not hold, further bearish extension can reduce price to $0.31 level. Resistance levels above current price can be found at $1.48, $1.87 and $2.21. Polygon Key Levels: Resistance levels: $1.48, $1.87, $2.21 Support levels: $1.23, $0.89, $0.31 MATIC/USD Long-term Trend: Bullish MATIC/USD was on the ranging movement within the resistance level of $1.23 and support level of $0.89 last week. A strong daily bullish candle emerged on 11 August…

Cardano was persistent at the second time of testing to break through $1.5. The coin is now trying to employ the same tactics to make it past $1.8. ADAUSD is now retracing to shoot up to $2 with an all-time high of $2.47 in sight. It is a make or break for ADAUSD at the $1.80 resistance level. Since going under $1.5 on the 17th of June 2021, ADA has had to stay for 54 days in confinement as the coin did not fall below $1 either. Price first tested the resistance level on the 4th of July, but it…

BTC/USD market attempts reverting valuation between $45000 and $47500 zones. It appears necessary that the crypto market undergoes reversion movement for a while. It appears necessary that the crypto market undergoes reversion movement for a while. BTC/USD market attempts reverting valuation between higher trading zones of $45000 and $47500. The crypto economy records a percentage reduction rate of about 2.43 to trade at $46082 as of writing. It appears necessary that the crypto market undergoes the reversion movement in price in the well-defined bullish channels drawn in the wake to re-locate support. In the worst scenario, support could be around…

EOS Key Highlights EOS fluctuates between $4.60 and $5.09 as it consolidates above $4.6 EOS price pauses as buyers and sellers reach a period of indecision EOS reaches overbought region as sellers emerge EOS Current Statistics As It Consolidates Above $4.6 The current price: $4.76Market Capitalization:$4,887,036,545Trading Volume: $1,962,292,577Major supply zones: $4.4, $4.6, $4.8Major demand zones: $3.6, $3.4, $3.2 EOS Price Long-Term Prediction: Bullish EOS has been in a smooth uptrend since July 20 as it consolidates above $4.6. For the past 48 hours, the uptrend is facing rejection on the upside. Yesterday, the bulls pushed the altcoin to the high…

2020 and the first half of 2021 brought about more informed investors equipped with significant knowledge on crypto procedures, operations, and assets. KPMG in their study “Pulse of Fintech H1 2021” revealed that the ever-growing interest from investors has sparked the doubling of crypto and blockchain investments. Contributors to the growth were also Bitso, Paxos, and BlockFi that raised $100 million in funding rounds. The report has dissected developments in the crypto industry for the first 6 months of 2021. From January to June of 2021, a total of $98 billion were finalized from investment deals amounting to 2,456. Crypto…

Bitcoin’s recovery began from the $30,000 price mark and has since raced into $46,000. The king coin could retrace to $44,000 before moving further upward. As BTCUSD progresses steadily, we could see a breakthrough of $46,800. BTC/USD bullish recovery move progresses steadily. The rise of Bitcoin from the great dump that occurred during April and May began from the $30000 price mark and has since raced into $46,000, making significant gains. The King coin’s bullish progress is steady and looks to cover more ground before continuing upwards. Key Levels Resistance Levels: $41,000, $46,800, $52,000 Support Levels: $30,000, $37,500, $42,500 BTC/USD…

Roughly 600 million users will benefit from the Stellar blockchain remittance corridor linking Thailand to 27 countries in Europe. The corridor provides an excellent opportunity to integrate crypto into conventional finance. The $17 billion remittance corridor has been facilitated by the partnership among 2 local financial institutions: Tempo Payments and Bitazza, and Velo Labs. The three companies will each rely on its network for faster and less costly money transfers. Thailand will have a connection to 27 countries in Europe through utilizing the blockchain financial protocol of Velo Labs as well as Bitazza and Tempo Payments facilitating the offshore remittance…