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Market Analysis

CHAINLINK PRICE ANALYSIS & PREDICTION (November 21) – Link Faces Minor Resistance After A Solid Rebound, Can It Breakthrough?

Chainlink recently lost steam last week after reaching its highest price level in twenty months. However, it found support this week and bounced back strong to where it is facing minor resistance. Can it break higher? Following last month’s surge from a tight range, Link sustained momentum until it reached a monthly high of $16.6 last week. It pulled back from that high and found a solid ground level at $13 this week. The asset regained strength and increased to where it is facing a minor resistance level at $15. A successful push through this resistance could bring a full recovery back to the price before printing a new yearly high. On the other hand, a strong rejection at this minor resistance could trigger another pullback with a lower low and lower high formation. If such a scenario occurs, we […]

Michael Fasogbon November 21, 2023

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Synthetix (SNX) Surges To A 15-Month High With Anticipation Of SNX Perps V3 Launch On Coinbase Layer 2 Network BASE

Synthetix (SNX) has reached a peak not found in 15 months, hitting $3.64, reminiscent of its August 2022 levels. Throughout the course of recent hours, SNX has shown strong development, increasing by more than 18%, and a considerably more noteworthy flood of 80% in the past month. As of now, SNX gladly stands firm on the 53rd footing among cryptocurrencies, with a market cap of $1.05 billion and a trading price of $3.59. The trading volume for SNX throughout the course of recent hours has encountered a remarkable 121% increase, reaching a substantial total of $167.22 million. The main thrust behind this notable uptick is by all accounts the revelation of Synthetix Network's plans to launch "Perps V3." The platform as of late shared the exciting news: https://twitter.com/synthetix_io/status/1726268079657664768?t=zzoJbEefu_NlbREya2IYDg&s=19 Perps V3 comes as a continuation of the successful V2, which revolutionized […]

Will Izuchukwu November 20, 2023

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News

$RNDR Token Hits Over 35% Increase Following Binance Japan Listing

Render Network's utility coin, $RNDR, has recorded a notable increase in all the cryptocurrency market, witnessing an impressive surge of over 35% inside the last 24 hours. Also, presently holding the 51st spot in market capitalization, $RNDR is currently trading at $3.12 price range. Notably, the major cause of this noteworthy price surge can be followed back to the new announcement of $RNDR's listing on Binance Japan exchange. The listing is set to happen on November 27th. Of course, this particular move, alongside the inclusion of 12 other tokens, has generated enough vibe into $RNDR's market action.  Other 12 More Tokens Listed On Binance Japan Exchange https://twitter.com/_BinanceJapan/status/1724670644913311872?t=mVU6wuleOVNh8Z9WnSs5Jg&s=19 Also, among the significant tokens listed by Binance Japan are Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), Immutable X (IMX). Furthermore, including Arbitrum (ARB), The Graph (GRT), Decentraland (MANA), EOS (EOS), and others. […]

Will Izuchukwu November 16, 2023

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Featured

DWF Labs and Kava Chain Produce Vital Partnership to Lift DeFi Ecosystem

DWF Labs, a central part in cryptocurrency trading and a global asset market producer, has formally gone into an essential partnership with Kava Chain, a secure layer-1 blockchain. Notably, this coalition is ready to altogether improve Kava's decentralized finance (DeFi) ecosystem. Also, especially its decentralized exchanges (DEXs), by utilizing the extensive capacities and ability of DWF Labs. https://twitter.com/DWFLabs/status/1724714292627558441?t=mkcpX6UZAH1-cxmpwu3Edw&s=19 Of course, Kava Chain stands out as a secure layer-1 blockchain that joins the speed and interoperability of Cosmos. That's with the robust developer capacities of Ethereum, making a scalable network. Outstandingly, Kava Chain fills in as the center for Native USDt for Cosmos, adding a critical layer of stability and utility to its ecosystem. On the other hand, DWF Labs, prestigious as one of the world's biggest cryptocurrency trading firms, works as a multi-stage Web3 investment firm. Also, as a global […]

Will Izuchukwu November 15, 2023

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Featured

Filecoin Surges 15% Ahead Of Filecoin Day Followed By The Labweek Excitement

In the number one spot is Filecoin's eagerly awaited Labweek celebration in Istanbul, Turkey, the cryptocurrency has encountered a prominent 15% price spike, right now trading at $5.5. The surge in value is attributed to the developing anticipation encompassing Filecoin Day, a significant occasion planned for November 14, 2023, during the Labweek festivities. https://twitter.com/Filecoin/status/1723667890988101851?t=c-3MMtPiwXkrkhUH8kY2ig&s=19 Labweek, Protocol Labs' annual decentralized global conference, fills in as a platform for celebrating pivotal advancements in computing. Lasting a week, the occasion is ready to grandstand Filecoin's next forward leaps, driving the protocol into another phase of evolution. The agenda will host conversations for innovations, for example, Zk proofs, decentralized storage, artificial intelligence (AI), and blockchain. The Filecoin group's obligation to disclose state of the art advances adds to the cryptocurrency's new price momentum. Investors are anxious to find out about the advancements that will […]

Will Izuchukwu November 13, 2023

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Featured

Solana Surges Past $50, Setting Off A Milestone Following A Year Full Of Bearish Sentiment And Dormancy 

In a huge forward leap, Solana has penetrated through the $50 resistance level without precedent for more than a year. This advancement lines up with the more extensive bullish trend found in driving cryptocurrencies, with Ethereum breaking through the $2,000 price mark and Bitcoin testing the $38,000 threshold. Although Bitcoin is currently trading at $37k levels.  Massive Price Action And ROI As of the most recent information, Solana is presently exchanging at around the $51.2 price level, mirroring a noteworthy surge of more than 11% within the last 24 hours. This resurgence positions Solana in a positive light, displaying its versatility and potential to flourish in the ongoing bullish market. This is a remarkable milestone as this implies a monstrous 260% ROI this year alone for $SOL. https://twitter.com/mycoinecho/status/1723009503975645401?t=laL9SBtmTIimHwA-A1Tnqw&s=19 Back To Fight For The Top Spot Of Smart Contract's Platform The significant […]

Will Izuchukwu November 10, 2023

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News

MATIC’s Soars 3-Months High Coupled With 42.88 million Coin Accumulation From Top Wallets

Polygon (MATIC), currently standing firm on the 13th position in market capitalization, is encountering a substantial surge in value. This surge comes in the wake of Polygon Labs unveiling another token, "POL," which is poised to assume a pivotal part in the Layer-2 blockchain system. MATIC's value has reached a three-month high at $0.807, reflecting a remarkable 54% increase in market capitalization within a mere three weeks, presently exceeding $7 billion. Notable $MATIC Accumulation by Large Wallets https://twitter.com/santimentfeed/status/1722486477433774460?t=GX8M0GQ5SAUFjWtndPcPEQ&s=19 During the past two weeks, wallets holding 100,000 to 10 million MATIC tokens have essentially added to this vertical trajectory. Accumulating a substantial 42.88 million coins since October 24, these large holders play had a critical impact in driving the increased demand for MATIC. The Introduction of POL Token Polygon Labs' introduction of the POL token denotes an essential move in the […]

Will Izuchukwu November 9, 2023

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Featured

Hashflow’s Token Unlock: How It Affects the Cross-Chain Trading Platform

This week points to a critical improvement in the realm of decentralized finance (DeFi) as Hashflow's native token, $HFT, plans to unlock a significant number of tokens. Roughly 74% of circulating supply comparable to around 160 million $HFT, is set to open up.  The circulation plan distributes 22% for the center group, 22% for ecosystem improvement, and an eminent 28% for early financial investors, including unmistakable names like Jump, Wintermute, GSR, LedgerPrime, QCP, Dragonfly, and that's just the beginning. The Hashflow Ecosystem Hashflow, a decentralized exchange (DEX), is recognized by its activity across different blockchain platforms, including Ethereum, Avalanche, Arbitrum, Polygon, and BNB Chain. Its essential mission is to resolve major questions in the DeFi space, like slippage. To handle these difficulties, Hashflow presents the solicitation for RFQ model, giving a clever way to deal with decentralized trading. Current Status […]

Will Izuchukwu November 7, 2023

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News

This User Lost Heavily Following Erratic Crypto Market Decision

In the cryptocurrency space, good fortune can be erratic. A recent event of a person who acquired 20,789 USDC and dabbled in the erratic cryptocurrency market serves as a sobering reminder of the dangers and uncertainties inherent in this field. This narrative, which highlights the perils of security breaches and the constantly changing world of digital assets, is a rollercoaster ride of good fortune and bad luck. The First Expectations For A Profitable Investment With a stablecoin linked to the US dollar, 20,789 USDC, the address got off to a promising start. They may have been drawn to the $Milk token by the promise of profits in the cryptocurrency market, so they invested $1,000 USDC in it. Unfavorable Market Events' First Blow Unfortunately, the bright beginning abruptly turned sour. The victim's wallet contained 19,789 USDC that the anonymous #Unibot #Exploiter […]

Will Izuchukwu October 31, 2023

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Market Analysis

CHAINLINK PRICE ANALYSIS & PREDICTION (October 28) – Links Advances Surges As It Breaks Significantly Out Of Range, Possible Retest In Play

Chainlink’s price appeared to have entered an overbought zone following a 50% rally in a week. It rejected $12 this week and remained calm ever since. Buying may be suspended if the price further retraces in the next few days. Link’s price dropped to as low as $4.76 while trading in a long tight range of $5.5 and $9.5 for 15 months. But it later re-established support at $5.7 and posted an impressive gain following a sudden recovery that hit the entire crypto space. However, it managed to get out of the hook after trading inside that mentioned range for months. Meanwhile, this upsurge was triggered after taking off from the low of $7.2 in the past week to the high of $11.8 this Wednesday – marking its highest level since May 2022. It encountered resistance there and dropped briefly. […]

Michael Fasogbon October 28, 2023

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