Loom Network | LOOMThe price of Loom Network is $0.10 today with a 24hour trading volume of 2 million dollar. This represents a 55% price increase in the last 24 hours and a 145% price increase in the past 7 days. With a circulating supply of 830 Million LOOM, Loom Network is valued at a market cap of 90 million dollar.
Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.
The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.
In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.
As such, they can easily integrate their applications with the outside world.The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.
bulls broke 0.069$ wall and here we are
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Cryptopump
THE ETHEREUM BARRIER: WHAT’S REALLY KEEPING IT BELOW $2K?Ethereum struggles to surpass the $2,000 threshold despite numerous attempts.
This resistance mirrors the $425 barrier Ethereum faced in 2018-2019.
A strengthening U.S. dollar has dampened Ethereum’s appeal.
Ethereum‘s ascent to the revered $2,000 mark has been a watchword for many in the financial sector. Yet, every time it seems on the verge of breaking past this psychological threshold, it’s repelled back with unnerving consistency.
If you’re pondering the forces at play that prevent Ethereum from making that crucial leap, you’re not alone. Let’s delve into the core reasons tethering this cryptocurrency giant below its full potential.
A Reflection of the Past: Bearish Cycle Patterns
It’s eerily reminiscent, of how Ethereum grapples with the $2,000 barricade today. Cast your mind back to the 2018-2019 period when the crypto’s upward trajectory halted near the $425 mark. Like a recurring nightmare, Ethereum finds itself in a seemingly parallel situation.
Eying a bullish surge past its 0.236 Fibonacci retracement, Ethereum, in both instances, was met with strong resistance – previously at $425 and now, unsurprisingly, around the $2,000 range. A barrier solidified further by traders’ anticipation and reactions.
Few can underestimate the influence of the world’s reserve currency, the U.S. dollar, on global assets. Ethereum is no exception. With a strengthening U.S. dollar, the appetite for Ethereum has undeniably waned.
The evident negative correlation between major cryptocurrencies and the dollar has long been established. In 2023, this correlation with the dollar index, specifically for Ethereum, has been palpably negative.
Yet, the dollar isn’t the sole heavyweight influencing Ethereum’s price trajectory. Bitcoin, often seen as the crypto market’s guiding star, has overshadowed Ethereum throughout 2023.
With the widespread chatter and excitement surrounding potential spot Bitcoin ETFs, Ethereum has paled in comparison. To paint a picture, the ETH/BTC pair, a commonly referenced metric, has dwindled by 20% this year.
Moreover, if we’re delving into numbers, Ethereum-focused investment funds have seen a net loss of $114 million in capital in 2023. In stark contrast, Bitcoin-centric funds experienced an influx of $168 million during the same timeframe.
Fakebreak in channel (bull trend)You can enter the desired areas with capital management, and when you enter the specific support and resistance according to the ascending channel and the moving average line of 200, the probability of a decline is higher to reach this line.
Tenet Protocol | TENET The price of TENET is $0.25 today with a 24hour trading volume of 10 million dollar. This represents a 14% price increase in the last 24 hours.
TENET is a Layer1 Ecosystem for LSDs, dedicated to unlocking liquidity and safely increasing yields.Tenet partners with Ankr and recently listed on Kucoin, mexc, gate and bybit
TENET’s wallet, Eva, designed to onboard retail investors to TENET DeFi. It will allow users to stake assets, re-stake to TENET, optimize LSDs within our ecosystem, and provide the industry’s first Mobile Wallet AI chat, to help users find DeFi information and interact with pre approved onchain actions.
we managed to invest at 0.17 and taking good profit now
Ethereum -> Is This Still Bullish?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are starting the next major bullish crypto cycle.
With Ethereum once again retesting massive weekly structure which is now acting as strong support I do expect another weekly bullish bounce from here.
Finally you can see that Ethereum is creating bearish market structure on the daily timeframe so it is best to wait for some reversal before a weekly and monthly bounce will be quite likely.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
$GRIMACE: yet to be historical s##tHello, dear community!
$GRIMACE is $80 now. I think I nailed my previous forecasts here . Now its time to set new targets.
I'll be brief and to the point today because everything from the last idea is relevant, only new targets are have to be determined.
Today there was a slight correction accurate to .618 Fibo level. Now the price starts to consolidate between $75-85. If we set Fibo extension, we`ll get targets at $ 114/143/190. About x2.5 short-term potential.
Long-term? The same as in previous idea, $1000 per 1 Grimace.
Good luck 👾
EOS Potential ReversalEOS cryptocurrency is currently displaying signs of a potential reversal. The price action suggests that the downward trend may be coming to an end, and a bullish turnaround could be in the cards.
Based on this analysis, my short-term price target for EOS is the $0.83 resistance level.
Looking forward to read your opinion about it.
Unveiling the Potential of WAVES/USDT in the Crypto Ocean💎 Calling all Paradisers!
💎 Let's take a deep dive into the current scenario of WAVES/USDT and reveal some key insights:
💎 Brace yourselves as WAVES is showcasing immense potential at these levels.
💎 WAVES/USDT has successfully formed a double bottom, indicating a bullish trend.
💎 At present, WAVES is making an attempt to breach its 8-Month long resistance,
💎 It's noteworthy that WAVES/USDT has flawlessly surpassed its 50-Day-SMA and is now aiming to break its 200-Day-SMA in a single stride.
💎 A retest at the 2 level would present an ideal opportunity to go long.
💎 The forthcoming significant levels to watch out for are 2.6-3.2-4, and it could potentially extend further towards the 5 area.
💎 Stay in the lead and ride the waves of success in the crypto world!
ETH bouncing of from the demand zone on daily!Could grab liquidity from this 4h support zone and bounce or bounce straight from this 4h support area and hit the above supply zone
Entry 1730-1700
SL 1687
Target 1855
Access Protocol / ACS The price of Access Protocol is $0.014 today with a 24hour trading volume of 100 million dollars. This represents a 180% price increase in the last 24 hours
Access Protocol offers a new way for digital media publications and content creators to monetize their work. Instead of traditional subscription payments, users stake the ACS token to receive access to premium digital content. Access will conduct a community airdrop to protocol users together with Bybit ex in March too
next targets are 0.017, 0.019 and 0.021$
APT USDT Swing TradeAPT USDT bounce back from support and resistant level broken.
Long APT USDT
Entry : 8.400, 8, 7.8
Target: 8.8, 9.3, 10.90
Stop Loss: 7.6
BNX USDTBNX USDT bounce back from support and ready to go to moon
Long BNX USDT
Entry 0.6060, 0.58
TP: 0.62 0.635, 0.65
Huobi (HT)Huobi Global’s majority shareholder Leon Li has agreed to sell his entire stake in the crypto exchange to Hong Kong-based investment firm About Capital, reportedly spearheaded by Tron founder Justin Sun. Huobi price today is $4.94 with a 24-hour trading volume of $49,600,236. HT price is up 19.6% in the last 24 hours. It has a circulating supply of 130 Million HT coins and a total supply of 500 Million
the next target for HT is 6 - 6.8
ETHREUM BULLISHETH breakout Resistance weekly time frame
Candlestick crosses EMA 5,20,50,200 with uptrend
possible retrace and continue bullish
New Wave coming.
ALL the BEST :-)
#zam is the gem I bought zam in this area and I think it's a gem 💎 because it's market cap 450.000 usdt
It has a good team
Let's go to 100× target
Diamond on the ALT coinsHey everyone, heres my diamond idea for alt coins.
On the 3 day TF. Its hit support at the bottom of the diamond , coming up to next level of resistance, i see the 200 sma sneaking above on the next level up.
This tells me the probability is we see an alt coin pump
Euler (EUL)One of 2022 good projects that did 400% in 3 month is EUL, Euler is a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third party. Euler features a number of innovations not seen before in DeFi, including permissionless lending markets, reactive interest rates, protected collateral, MEV-resistant liquidations, multi-collateral stability pools and so on.
tg 7.9 - 8.5 - 9.3 - 9.7
sl 6 - 5.5
Now the direction and the destination will be later . follow so the chips lay down ... when we reach the goal I will record a video. watch out
SHIBUSDTSHIBAINU is ready to start upward trend very soon.
I predict ~100% pump for SHIB during next days.
Please attention to the chart and comment me.
Thanks everybody.
DOGEUSDTDoge coin is ready to start upward trend very soon.
I predict 150% pump for Dogecoin less than 1 month.
Please attention to the chart and comment me.
Thanks everybody.
Kyber Punk!Wake the f*** up Samurai
We got Kyber in DIP
Salve, whats up fellas?!
Kyber Network is an on-chain liquidity protocol that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DApps, decentralized exchanges (DEXs) and other users easy access to a liquidity pool that provides the best rates.
All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.
Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity.
The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform — and earn staking rewards in Ethereum (ETH). They also determine the rewards that liquidity providers (LPs) receive on the platform.
you better have some in your HODL portfolio
Targets 2.5 - 3 - 3.5 - 4
Ciao
