Bitcoin is in the bottom channel after a strong fall two weeks ago! Making zigzag movements from the resistance level to the support level, it goes down lower and lower. And it is very likely that there will be a breakdown of the lower level, after which it will look for a horizontal support level. And it will start to make a reversal in the growth of prices.
Cryptocurrency Litecoin has performed very well this year, like many other cryptocurrencies! In my opinion, the potential of this coin is quite large. After the double bottom, which we see on the chart, Litecoin sank further. Together with Bitcoin and other cryptocurrencies. Litecoin is now at a strong price support level. From which, most likely, it will begin to...
(Review) ChainLink is a blockchain network of oracles. The project team has dozens of employees. The top management includes: co-founder of the ChainLink project Sergey Nazarov, head and technical director Steve Ellis, director of payment operations Brendan Magauran, software engineer Dmitry Rosh and head of the payment operations department Mark Obland. The...
The SP 500 has shown a very strong bullish trend after the market crash at the beginning of the pandemic. The growth rate of the index was almost 120 percent! Which is quite a lot with its pricing policy. The index is now forming a double top at a fairly high resistance level. Based on which we will most likely see at least a deep correction. The market is heavily...
(Review) Biconomy is an infrastructure that allows transactions between chains, which is necessary for the transition of the entire Internet to Web 3.0, accessible to every user. The API Plug & Play Biconomy solution makes it possible to interconnect decentralized applications, regardless of their placement on blockchains. But the usual implementation of this idea...
Tesla shares, having reached their historical maximum price, made a correction of about 25 percent. Such an indicator of the growth of the share price on the American market is not shown by more than one company. How Elon Musk's company does it. This man is considered the genius of the technological world of our time. The company is constantly developing and...
The ever-expanding ecosystem of Cosmos is positioned as the internet of blockchains. The blockchains launched on the Cosmos Network can interact with each other through the basic Cosmos Hub blockchain using the Inter-Blockchain Communication protocol (IBC). The main feature of the Cosmos Hub blockchain is cross-chain solutions that allow any blockchains that will...
TRON is a blockchain-based decentralized entertainment content platform using the TRX token (Tronix). TRON also offers tools that allow developers to build and run their own dApps (decentralized applications). The platform was launched by Chinese entrepreneur Justin Sun in 2017. You can buy TRX cryptocurrency on most major exchanges. The payment network of this...
In my opinion, CRO cryptocurrency has huge potential! This Etherium-based coin supports the Crypto.com exchange payment system, which is currently actively developing and is very popular. We have seen examples of high growth of cryptocurrencies, which are the main coin of the exchange. I think that CRO will not keep itself waiting long and in the near future we...
The Decentraland project has been a huge success in recent years! The swiftness of its development is impressive! Over the past months, the MANA cryptocurrency has shown very high volatility! This is a good sign of the prosperity of the project! Moreover, we have already seen two waves of good growth. And this gives hope for the future prospects of this...
Bitcoin, after falling at the beginning of the month, rebounded and strengthened below the resistance level, which lies at the price of $ 53,000. The likelihood that it will go back to the $ 40,000 mark is very high! The volume of investments in this cryptocurrency is declining and the news background carries a lot of negative news. There is another wave of fear...
The Solana project has shown high volatility this year! And attracted huge amounts of investment. Today, this cryptocurrency is ranked 5th in the cryptocurrency rating. A number of interesting projects are planned in the interior of Solana for 2022! Which will give even more prospects for the growth of this cryptocurrency. Investors' interest in this...
The Numerai project is a platform based on advanced technologies! Including artificial intelligence that can predict the trend of the market movement. Such projects will give, in my opinion, great prospects for the growth of their cryptocurrency! The capitalization of this cryptocurrency is not so great today, but the prospects are not very weak. This project...
The fall of Bitcoin pulled a large number of cryptocurrencies down with it! And in this you need to look for positive moments. Because this drop provides an opportunity for an even more favorable purchase price! Although we previously looked for an entry point at a higher price, this does not mean that the price will not return there. Because the cryptocurrency...
Bitcoin has shown a very good decline dynamics! Which is to be expected. Because the information background after China's announcement was rather negative and created a panic in the crypto market. And the overbought of this asset made it clear that in the near future we will see at least a correction. What I wrote about in my previous charts! I expected to drop to...
The Filecoin cryptocurrency has pretty good prospects according to many analysts! I also adhere to this position. This coin is a payment unit for decentralized data storage. So the project can earn a very serious reputation. We live in the world of digital technologies, and as practice shows, projects related to the IT sector very often have quite serious success....
At the moment, I am interested in the UNISWAP cryptocurrency. This is a serious coin that I think has pretty good growth potential! This service needs to be remembered that this protocol is tied to the ETHEREUM service, which showed x10 this year! Therefore, the probability of a price jump in this cryptocurrency is very high. Also, this service was called by the...
The US dollar has strengthened quite well in recent days! The fall in gold prices was the main reason for this. But this was to be expected! And most likely the dollar will not stop there. Oil, which is one of the main sources of income for the Russian economy, also made a strong correction and creaked at a strong level. But a new wave of Coronovirus and a series...