Rocket Pool / RPL analysis The price of RPL is $52 today with a 24hour trading volume of 80 million dollars. This represents a 6% price increase in the last 24 hours and a 100% price increase in the past 30 days and well yes 555000% since 4 years ago! Just think about it for a moment...thanks to eth Shanghai upgrade
Rocket Pool is a decentralized Ethereum staking pool offering up to 4% APR for ETH2 staking. Users can join the Rocket Pool with its decentralized node operator network or run their own nodes with only 16 ETH. In the latter case, they can earn a commission from staking ETH and earn additional RPL rewards from providing RPL collateral, amounting to up to 6.36% APR for ETH and the additional RPL rewards. Rocket Pool provides liquid staking, meaning users benefit from an increasing exchange rate instead of rebasing their staked collateral, which would be a taxable event. Furthermore, Rocket Pool offers smart nodes: a custom node software allowing anyone to run a node on its network. With losses from bad nodes socialized across the network, users minimize their risk of facing penalties. This is supported by the pool’s open-source and audited smart contracts, which guarantee fully non-custodial staking and a maximum degree of decentralization.
now lets look at the chart
Rpl pumped almost 70% since binance listing and the price moves in a rising channel and even broke that at 49 which make it even more bullish,next targets are 53,55, 57 and 59 don't forget stop-loss too
Armstrong has heard rumors that the U.S. Securities and Exchange Commission is planning to entirely ban crypto staking for retail investors. what do you think?
Consulting
Render Token / RNDRThe price of RNDR is $1.83 today with a 24hour trading volume of 180 million dollars. This represents a 4% price increase in the last 24 hours and a 333% price increase in the past 30 days!
Render token is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Backed by parent company OTOY, the RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board boasts industry leaders such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions) and Brendan Eich (Founder and CEO, Brave Software and BAT)
bulls broke 0.8, 1.2 and 1.6 resistance and ready to claim 2$. I got into rndr wen it has 220 million market-cap and here we are at half a billion dollar mc. as you see market is in correction phase which is normal and healthy so don't panic if you see couple of red candles after 300% pump
Large Public Consulting Firms - 12 Month Relative PerformanceHere is a quick look at how well the stock of select large public consulting companies has done in the last 12 months compared to each other.
In short, all firms have seen significant appreciation in stock price since last June. Larger firms like IBM and Accenture have posted respectable returns; however, they were dwarfed by the massive gains of Indian Pure Plays like Infosys and Wipro, high-growth firms like EPAM, and other smaller providers like CapGemini.
You have done well if you hold shares in these companies or get paid in stock of these companies as an employee. Future growth prospects remain strong in professional services. However, several headwinds exist, like the massive labor shortages in the consulting market and the impact of economic factors like inflation.
Nevertheless, the continued move to the cloud, accelerated digital transformation, cybersecurity threats, upcoming 5G/edge computing opportunities will only accelerate the consulting business globally.
Consolidation pattern on ACN ?I noticed this consolidation pattern on ACN.
First, I would like to state that I am extremely bullish as an investor on the company. However, this looks like a promising short term trading pattern.
The rough average of these consolidations since 2010 is 15%. A great return. Even the last two corrections (9.5% and 8.5%) were good.
For me there' are too much current uncertainty to neither go long or short but a bullish run up could constitute a short opportunity.
What is your point of view ?
DAX forecast for next days (slightly uptrend)The DAX index seems to encounter a resistance that is a weekly SSB.
In high timeframes (Weekly and daily), in the next hours, days, if the LS gets over its actual candle (the top of it being tested by LS) then that would confirm an uptrend direction for the next hours or days.
A potential resistance would then be 10369.
I would suggest to invest (buy) at the next opening of the market and to put a take profit at :
- secure : 10347 (10 pips)
- mid-secure : 10357 (20 pips)
- unsecure : 10369 (32 pips)