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Finally, Robinhood has entered the software wallet sector. Wallet users can now view their owned NFTs and coins. Robinhood Wallet was created to compete with MetaMask. Robinhood has recently entered the software wallet market. The crypto business released the Robinhood Wallet, accompanied by smartphone software that allows users to exchange and send cryptocurrency. Furthermore, users may now view their own NFTs and crypto. Currently, over 1 million waitlisted consumers have access via an access code. Last year, the stock and cryptocurrency trading company Robinhood collaborated with Polygon to build the wallet, a self-custody, Web3 wallet. The trading platform only released a test version of its Web3 wallet for iOS. In May 2022, it was made available to the first 10,000 users who signed up for the waitlist. The wallet was first housed on the Polygon blockchain, allowing users to trade and switch cryptocurrencies while incurring no basic network fees. Johann Kerbrat, a chief technological officer of the Robinhood Crypto & Trading Platform, made the announcement public. Johann also revealed that Robinhood Wallet simplifies the complexity of Defi and web3 to make cryptocurrency more accessible to everyone. Polygon, as the preferred blockchain network for Robinhood, provides speed, scalability, scalability, cheap network costs, and a wealthy developer environment. Robinhood's partnership with Polygon began in August 2022, when the platform launched functionality for MATIC withdrawals and deposits on the proof-of-stake (PoS) chain. The whole story of the Robinhood wallet release might be confusing because of the changes that took place in the last couple of months. Previously, the crypto platform introduced a new transfer feature on its original trading app as a “Crypto Wallet” product. The feature was launched in beta in January 2022, and it allowed Robinhood users to transfer crypto to and from the platform. Technically, it wasn’t a crypto wallet as it’s almost the same as how users can transfer crypto to and from Kraken, Coinbase, Binance, or any other crypto trading platform. The wallet that is now officially rolled out today is considered more like Phantom, MetaMask, or the Coinbase Wallet. The Robinhood wallet released now is a completely different product which is purposely housed in a separate standalone app to allow users to have maximum control over their crypto. The new app provides access to more advanced features, like NFT marketplaces and connecting to decentralized apps.
NASDAQ:HOODLong
by DEinvestment
✳️ Waves Hits Its Lowest Price Since December 2019...Once we hit bottom, the only place left to go is up... And Waves hit its lowest level in three years and the bounce that is taking place is super strong. In late December 2022 Waves went as low as 0.00007650, a level that was last seen December 2019. We are looking at Waves vs Bitcoin (WAVESBTC). Of course, this is good news... The lower it goes and the faster it drops the stronger the rebound. We can see 47% happen in the short-term. 173% and 295% can be done, it is possible, in the mid-term. Long-term, we have over 400% potential when we consider the March 2022 high. Since we have a higher low, we can expect to also see in the future a higher high. If I were to do the maths, the total potential would be a thousand percent or more... I will leave that for later this year or maybe in 2024 when the bull-market is in full force. Namaste.
WLong
by AlanSantana
✳️ Kava Rebound Points To Easy 40%, Up To 100% PossibleWe found this one thanks to TradingView community on the front page... Very smart individuals we have in this community... They know exactly what to look for... Thank you! Kava vs Bitcoin (KAVABTC) went oversold on the RSI for the second time in less than two months. At the same time this is happening a bullish divergence shows up, increase in trading volume, a negative 9 on the TD Sequential followed by a bullish jump. This bullish jump is forming a candlestick pattern called the morning star... All these combined is a strong reversal signal. Daily candle closure green/above EMA10 is needed for good/strong confirmation. This bounce can lead to easily to 40% but there can also be more. Namaste.
KLong
by AlanSantana
✴️ Cardano Bullish Hammer, Bullish Divergence & MoreWe have a two hammers here... The "normal" hammer and the inverted hammer. 21-Dec. we have the inverted hammer. This is the candle with the long upper wick/shadow and a small body at the bottom. 22-Dec. we have the classic/normal hammer. That's the long lower wick/shadow followed by a small body. The wick/shadow must be at least twice as big as the real body of the candle for the hammer signal to be valid. Also, the hammer must come at the bottom of a trend, new low or support to be valid as a reversal signal. All these requirements are met here on the ADAUSDT - Cardano vs Tether - chart. We also have a multiple months long bullish divergence with the RSI: These are good/strong signals but they can be invalidated. We also have a falling wedge pattern... We have good potential for seeing this thing turn. The bullish wave timeframe, we gave this one out on the Ethereum Classic article, can happen between January and March 2023. Thank you for reading and remember to boost! 🚀🤗😄👍 Namaste.
Long
by AlanSantana
3
EOS Final Resistance LevelEOS vs Tether USD (EOSUSDT) produced a weak breakout above EMA10. This is positive news. This is supported by a bullish RSI at a new low. When you have a strong RSI at low levels normally signals that something positive is about to, or can, happen. But there is one "final resistance" to meet on the way up. The 1.0631 is an important level. Above it we can see additional growth. Just a few more days to have a clear picture all across. We will know if the market will turn green or if we will continue to see blood. Hopefully it turns green, we need a change of mood. It has been hard for so many of us. Namaste.
Long
by AlanSantana
3
Ripple: Fighter 🥊🥊Makes me that much stronger Makes me work a little bit harder It makes me that much wiser So thanks for making me a fighter Made me learn a little bit faster Made my skin a little bit thicker Makes me that much smarter So thanks for making me a fighter Although we are quite sure that she is not, Christina Aguilera could very well be speaking from Ripple’s point of view in her song Fighter. The altcoin has been battling its way upwards and has nearly managed to reach the upper yellow zone between $0.5691 and $0.6329. Now, it should rebuild and then continue to climb into this area, where it should then finish wave (3) in yellow. After a countermovement into the lower yellow zone between $0.5250 and $0.4756 to complete wave (4) in yellow, Ripple should resume the overarching ascent.
KRAKEN:XRPUSD
by MarketIntel
1
let's have an #update on #bitcoin alright guys despite how mutch bearish I am on the high time frames I have to say that #bitcoin had reacted perfectly to the point that I marked on the previous chart if you take a look at my profile, here's a new chart I'm sharing with you I already marked the possibility on the chart for you, this arow can be followed if #bitcoin just crosses 33/800, otherwise any price rising means #sell #position plz as always double manage your risk on #positions and #capital #stay #safe
BITSTAMP:BTCUSDLong
by rfmarandi
KAVA/USD Daily Cautiously BullishKAVA/USD Daily cautiously bullish. *Since 05/12/22 KAVA/USD has gone up 116% so a little bit of resistance here at the top of the descending channel is to be expected.* Recommended ratio: 65% KAVA, 35% cash. Price is currently testing $2.72 resistance and is on the verge of testing the upper trendline of the descending channel from August 2021 at ~$2.95 as resistance. Volume remains very high after printing a record high on 05/12/22 and has been fairly balanced between buyers and sellers over the past week. Parabolic SAR flips bearish at $1.50, this margin is mildly bearish. RSI is currently trending up slightly at 45 after finally breaking out above 38.31 resistance (It had been testing it since 05/15/22); the next resistance is the uptrend line from December 2021 at ~53 (which could potentially coincide with 56.84 resistance). Stochastic currently remains bullish at 99 after going nearly straight up from max bottom on 05/12/22; it's on the verge of testing max top where it can coast in the "autobahn zone" for a while. MACD crossed over bullish in yesterday's session and is currently testing -0.44 resistance; if it can break above it then the next resistance would be at -0.18. ADX is currently trending down at 28 as Price continues to go up, this is mildly bearish; if ADX can bounce here as Price continues to rise then it would help confirm that this is a reversal and not a retracement. If Price is able to break out above the upper trendline of the descending channel from August 2021 (~$2.95) then the next likely target would be a test of $3.31 resistance. However, if Price is rejected here (at either $2.72 resistance or the upper trendline of the descending channel), it will likely test the $2 level as support and may fall as low as the lower trendline of the descending channel at ~$1. Mental Stop Loss: (one close below) $2.19.
KRAKEN:KAVAUSD
by dailytaguy