CHICO CrypTo's XOR PolKaDot Eco. GEMMy Fellow T.V. Comrades,
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ANALYSIS:
XOR had a great surge after bouncing off the lower ascending trend on 11/12. Had a pump of nearly 140%, which means a healthy pullback is a looming. We are seeing this narrative play out currently, as XOR noses dived into 0.205ETH for support. Therefore, XOR is in search to find some footing for support. So, the 0.17ETH and the 0.15ETH levels are looking very intriguing as possible buying opportunities. As Atls may be entering their bullish cycle, XOR could be a nice stash if it dips to those lower support levels. Either way, bagging some DoT Eco. coins have seemed to play out very well so far. Just saying.
As Chico said "I got 99 problems and baggin shIt coins aint one!"
Polkadotecosystem
Polkadot on his way backit's always very difficult to analyse new coins because more we can back in the past, more it's easy to find supports and resistances.
Dot is still performing a good come back as you can see by his multiple bounces on a forming uptrend Line. Like always the King is controling those coins by his dominance so you always have to check BTC before entering a trade and exit fast if a dip happens.
Simple Targets :
- TP1 4.80$ (38.2% retrace)
- TP2 5.50$ (61.8% retrace) - Strongest Resistance
Stop Loss : 3.90$
Happy Tr4Ding !
Polkadot 7500%!!Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol!
So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT balance will be 100x higher and the price per DOT will be 100x lower. So the price also falled from X100.
Polkadot is an ecosystem enabling cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. so it means it will interconnect all the Blockchains.... BTC is the King of Cryptocurrency and ETH the King of Smart Contracts... Polkadot could be 'the King' of the DEFI projects.
Polkadot got listed on many AAA Exchanges in no time. Due to the specific nature of Polkadot, the estimation can be significantly excessive & unrealistic.
Teams building on Polkadot :
ChainLink - developing an oracle
Laminar - open finance platform
ChainX - developing a Bitcoin and Ethereum bridge
Digix - gold on the blockchain
Dock.io 204 - verifiable credentials
Centrifuge - operating system for financial supply chain
Ocean Protocol - ecosystem for sharing data
Energy Web Foundation - building an energy network
iExec - decentralized cloud computing
Edgeware - building a WASM-based smart contract platform
ZeroChain - zK-SNARKs chain built on Substrate
Acala Network - stable coin platform built using Substrate
Robonomics - cyber-physical systems integration
pLibra - a privacy preserving implementation of Libra
MXC - IoT protocol
Darwinia - multi-chain gaming
Katal - financial contracts
Joystream - A user governed video platform
Ladder Network - decentralized exchange for cross-chain assets
Akropolis - decentralized pension and DeFi blockchain
Asure Network - social security network
KILT Protocol - credentials for Web 3.0
PACTCare - Metadata Blockchain based on Substrate called Starlog
0x protocol - decentralized exchange
Blink Network - lightning fast payments
LayerX - zk-SNARKs chain
Plasm - Plasm is a Substrate Runtime Module Library allows developers to add Plasma functions to their Substrate chain
Speckle OS - universal identity and account parachain
Totem - real time accounting for Substrate
that said you have to invest wisely and make your own research. i do not provide personal investment advice on Polkadot.
Happy Tr4Ding !