$RNG Buy above $55$RNG Buy above $55
TGT - 1 $59
TGT- 2 $ 63
TGT -3 $ 68
SL $ 47
Always keep strict stop loss
RNG
$RNG ~ Beautiful...As shown in previous update, correction continues and expect lower prices as shown. Possible opportunity soon but not yet. Will be interesting soon and will continue to track closely.
Bullish sentiment for 2022 on High Performance Blockchain (HPB)High Performance Blockchain (HPB) could finally be in a position to realize the potential that many industry experts predicted for the chain back in 2018. The HPB chain is a layer 1, main-net Ethereum EVM-compatible chain, but it's unique feature is that it combines dedicated, custom-developed blockchain hardware, with the Ethereum Virtual Machine (EVM) software.
The custom hardware, known as the " Blockchain Offload Engine " (BOE) accelerator card, is in some ways similar to a computer graphics card, only the BOE card was developed from the ground-up by HPB CEO Xiaoming Wang , to specifically run the HPB blockchain network. It is currently the only blockchain the world to fuse hardware and software in this way.
The BOE card is what allows HPB to run at 5000tps (transactions per second) when compared to the Ethereum Network which runs at 15tps.
In addition, the associated "Gas" fees with the HPB chain are around $0.0001 per transaction, compared to Ethereum's $50 per transaction at certain times of the year.
HPB is faster, cheaper and more eco-friendly than Ethereum, utilizing a Proof of Performance (PoP) consensus mechanism, but the real jewel in the crown is the "Hardware Random Number Generator" , referred to as HRNG.
The reason people in the industry are becoming so bullish on HPB right now is because many industry experts predict that " GameFi " will be the next big thing in blockchain. Gaming, with connections to blockchain, is estimated to be worth $55 Billion USD in 2022 according to Crypto.com - One of the elements critical to the success of GameFi, is the ability to harness PROVABLE random numbers , which are used to allow games to be completely non-deterministic and unbiased.
Up until now, blockchains have typically used "pseudo" random number generators (PRNG) which are flawed. They used a seed value to generate random numbers, and these random numbers are based on mathematical calculations and algorithms. The issue with this type of mechanism, is that if someone knows what the seed algorithm is, then they can ultimately deduce the "random" number derived from it. Quite simply, users could not trust a platform where the random numbers are not truly random.
There is room for misuse with this type of pseudo random number generator, and it is part of the reason why games, casinos and lotteries have struggled to make an impact thus far in the blockchain industry.
HPB aims to solve this issue with HRNG which is known as a "True" random number generator (TRNG) as instead of deriving random numbers from a software-calculated seed value, it derives its seed value from the BOE accelerator card hardware. TRNG's can only be certified as provably fair if the seed value comes from naturally-occurring phenomena. High Performance Blockchain use their BOE card to monitor tiny micro-voltage fluctuations (down to 0.0001 volt) on the ever-changing power-draw of the BOE card, and then use an analog-to-digital hardware chip to convert those values into a 256-bit hexadecimal string. This constantly-changing string is then used as the seed value to generate truly provable random numbers.
Better still, the random numbers can be generated for free by software developers wishing to develop DApps on the HPB chain. Unlike competitor oracle solutions such as Chainlink (LINK) VRF, which can cost up to 0.2 LINK tokens per random number called (approximately $5 in early 2022), the HPB HRNG supplies the provable random numbers at every 6-second block for free.
This could revolutionize the blockchain industry, and DApp developers will be looking to take advantage of HPB random numbers as the GameFi sector matures.
In addition, HPB are now making strides to provide the necessary developer tool-sets that DApp developers come to expect, and they are also developing a decentralized Random Load-Balanced (RLB) crypto bridge to connect to other EVM chains including Polygon, Binance Smart chain, Avalanche, Fantom, Tron and others.
To put some perspective into upside potential of the HPB project, the current MCAP of High Performance Blockchain is £3 Million USD - It is a layer 1 main-net blockchain and the only chain in the world to fuse hardware (BOE card) with software. This is in comparison to a layer 2 sidechain such as Polygon which cannot generate TRNG random numbers on chain, and has a current MCAP of £11 Billion USD - So in effect, HPB would need to 4000x in value to reach parity with a chain that many blockchain technical experts believe to be an inferior chain to HPB.
HPB is also running a hackathon competition on DevPost in May, inviting developers from all around the world to come and try out the chain. The HPB Global Telegram community have never been this bullish.
Ringcentral (NYSE: $RNG) Looking Cheap @ Current Price Levels!🔔RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes our RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business. The company was incorporated in 1999 and is headquartered in Belmont, California.
RingCentral Weekly DirectionI see more downside. It's possible for RingCentral to get nuked to solid support line as well If they miss ER for ex.
RNG Possible tradeHello there,
Hello there,
Sorry for the long disappear, I'm back and I'll update all our trades as soon as possible.
This is an Opportunity for RNG with targets and SL in the chart.
Enjoy.
EYES ON RNGHello there,
ENG on a very strong daily support, if RNG can hold the RED line, we may see +20% in the upcoming days.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
Darwinia Network RingAgain a strong Potential defi and very interesting cross-chain project linked to Polkadot:
here the description :
RING is the native token of Darwinia Network. It's used to pay for the GAS fee of the on-chain transactions and cross-chain services. RING can be staked for staking rewards and obtaining voting power to participate in the governance.
Darwinia Network is a decentralized heterogeneous cross-chain bridge protocol built on Substrate, serves as critical infrastructure for interoperability across the blockchain networks. Darwinia Network focuses on decentralized cross-chain token swap, exchange, and market and enables single-chain application upgrade to cross-chain version, including Defi, Game, DEX, NFT market, and more. Its vision is to build the future Internet of Tokens.
So to be clear and fast , Darwinia will connect all Blockchains, Kton is a reward for stacking RING, Kton + Darwinia Stacking = more power in your stack = more rewards.
Don't forget to DYOR before buying !
Trading it :
- Buy Zone 1 : 0.074 ish
- Buy Zone 2 : 0.064 ish
- Tp1 = before 0.15$ for safety
- Tp2 = 0.175$
invest wisely + don't go all in.
Happy Tr4Ding !
Put this back on watch Follow me for clean charts and trade ideas this is a runner and we will be watching for this to take off if we can get the break. you will need at least a 15 min close above the top of the wedge
How to trade this and my trade idea around this will be covered in tonight's free trade idea webinar hit the link to sign up us02web.zoom.us
$VLDR $HYLN in Sync Trend Reversal$VLDR (green line) is pretty much the same chart structure as $HYLN. Every dip post trend reversal will be a great buying opportunity (green zone).
$HYLN Just Broke a 3 Months ResistanceFrom this point forward, even a consolidation phase (green box) above the previous trendline would confirm trend reversal into 2021.
HYLN back to ATH ? HYLN found the bottom around $18 made a push and hit resistance at $24.90. I can see a pull back down to my .618 at $20.72 and a bounce to retest that resistance. Break and hold above 25.30 it will push to 27. 3-5 years we could see this stock go to new highs This company has the ability to revolutionize the trucking industry!!!
RNG Long - COVID-19 pandemic BenefactorNYSE:RNG
Hello everyone. Here is my first publish. My analysis points to RNG continuing to be driven up when the market re-opens on Monday. The MACD trend is bullish and the STOCH trend signals a position of strength. I expect this stock to drive up to 233+ over the next two weeks. Recent launch of new products, Zoom security issues, and an AT&T collaboration all reinforce my confidence in this company's ability to continue to grow throughout the pandemic.
I have long positions of $232.50.
Be Effective and Happy Trading,
Darell
