Friday 19 August 2022
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Sean Patterson

TA- Ethereum Price struggles To Breakout – Eyes $2,000

The price of Ethereum (ETH) has struggled to break out of a range against Tether (USDT) after being rejected from key resistance. Ethereum price has seen a relief bounce, with Bitcoin (BTC) rallying after closing the weekly candle with bullish sentiment from a daily low of $23,000 to a region of $24,100 in the early hours. (Data feeds from Binance) Related Reading: TA: Bitcoin Price Could Rally If There Is A Close Above This Key Resistance Price Analysis Of ETH On The Weekly Chart Ethereum’s price saw a weekly close of around $1,720, with a new candle opening bullish ahead of the week. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! The price has built more momentum as it faces resistance at $2,400. If the price of ETH on the weekly chart continues with this bullish structure, it could quickly hit the $2,000 mark ahead of its merge. Weekly resistance for ETH price – $2,400. BitStarz Player Lands $2,459,124 Record Win!..

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Why Oracles Will Drive the Next Stage of Evolution in the DeFi Market

In a world of “interests,” it is vital that no one has a monopoly on truth. Decentralized protocols have grown in popularity as viable alternatives to traditional centralized systems. People are recognizing the flaws of centralized authority and adopting open, decentralized, and trustless systems. However, for decentralized protocols to truly be open and transparent, there’s a need for an infrastructure that would help access offline real-time information in a trustless manner. There is no doubt that we live in a world where anyone can simply share false information and declare it to be true. Oracles appear to be the solution to the emerging decentralized web’s “infrastructure” dilemma. Oracles are essential blockchain infrastructure that facilitates communication between the offline and on-chain protocols. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Oracles are essential for most decentralized protocols, particularl..

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Meme Coin Price Predictions – Tamadoge to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu

In the past, meme coin prices have provided staggering returns throughout 2020 and 2021. However, after the cryptocurrency price crashes in 2022, users are looking for which meme coin to buy next. This guide looks at Tamadoge – one of the best upcoming cryptos and the best new crypto to buy in 2022. We will also discuss the meme coin price predictions and how to buy Tamadoge in 2022. 5 Key Reasons why Tamadoge is set to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu in 2022 Which meme coin will explode next? While tokens like Floki Inu and SafeMoon Inu have performed well in the past, we recommend Tamadoge as one of the popular meme coins that will explode. Let’s take a look at why this token can be a good investment: 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! 1. Deflationary Asset One of the best features of Tamadoge is that it aims to be a deflationary asset. Firstly, TAMA is the native cryptocurrency & utility..

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Dogecoin Unseated From No. 10 Spot In Rankings – Can DOGE Stay Relevant?

Dogecoin (DOGE) has been recently pushed aside by Polkadot (DOT) from the top cryptocurrencies list as it is now the 11th biggest crypto in terms of market cap. DOGE’s market value is currently at $9.28 billion after it sadly had to let go of its position which is now held by Polkadot with a market value of $9.62 billion. According to CoinMarketCap, the DOGE price is 1.09% down or at 0.06899 as of this writing. DOGE price remained the same despite the positive sentiment in the crypto space spiked by the support of Elon Musk, among other things. Michi Lumin, Developer of Dogecoin, has recently announced the release of a C library of DOGE building blocks coined as Libdogecoin. This library allows Dogecoin to integrate into different platforms. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Related Reading: TRON (TRX) TVL Accelerates To Nearly $2 Billion Last Month Elon Musk Says DOGE Has Real Value In one of his appearanc..

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TRON (TRX) TVL Accelerates To Nearly $2 Billion Last Month

TRON (TRX) continues to gain traction despite the current erratic market movement. TRX has recently seen TVL growth by $6 billion in July which is by far due to a revival of investor interest specifically in DeFi. TRON has been the most-supported DeFi smart contracts seen in the past two years. In fact, blockchain has accelerated by 49% in terms of TVL as observed in July. In fact, July growth was exponential as TRON’s TVL was seen to surge from $3.95 billion on July 1 to $5.91 billion at the end of July. TRON was establish in 2017 by Founder Justin Sun. TRX is seen to be a highly-acclaimed project that is profound in terms of scalability. This protocol is ambitious and designed in creating a specialized infrastructure for a completely decentralized type of internet. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Related Reading: Optimism Price Bloats 25% – OP Seen Ballooning In Coming Days TRON: More TVL Than Polygon,..

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Solana Price Caught In Consolidation, Unable To Break Past The $40 Level

Solana price has been trading laterally as the altcoin has not been able to move past the $40 price mark. The altcoin has experienced a blow recently as thousands of wallets were drained of their assets owing to an exploit. The latest exploit had allowed hackers to drain the funds using private keys. After the attack on the network, Solana’s value swiftly dropped to $38. Solana price has now been stuck at the $40 level. The current support level for the coin stood at $40 and failing to stay on the aforementioned price mark, SOL could fall to $36. Bitcoin too has been consolidating at the $23,000 level after the king coin fell minorly on its chart over the past two days. Altcoins also have been affected in a similar manner. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! In case of Solana, the buying strength of the coin fell owing to the recent fiasco. Fortunately, only a certain number of wallets were affected and Solan..

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TA: Bitcoin Price Could Rally If There Is A Close Above This Key Resistance

Bitcoin price remained supported above the $22,650 level against the US Dollar. BTC could rally if there is a clear move above the $23,500 resistance zone. Bitcoin is trading in a range above the $22,500 level the $23,500 level. The price is now trading above the $23,000 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $23,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $23,500 resistance to start a steady increase in the near term. Bitcoin Price Faces Key Barrier Bitcoin price remained above a major support zone near the $22,400 and $22,500 levels. The price started a decent increase above the $22,800 and $22,950 levels. The upward move was such that the price climbed above the $23,000 level and the 100 hourly simple moving average. The price surpassed the 50% Fib retracement level of the downward move from the $23,477 swing high to $22,755 low. 5 BTC + 300 Free Spins f..

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Cardano Price Moves Above $0.50, Is The Price Ready For Breakout?

Cardano price is currently trading slightly above $0.50, price of the asset has been consolidating over the past few days. ADA has been struggling below the immediate resistance level. The coin has attempted to flash a break-out couple of times but it was met with the bears each time. Since Cardano price is trading sideways, chance of a breakout cannot be ruled out immediately. Technical outlook for ADA has also started to turn positive as the buying strength started to recover on the chart. Over the last 24 hours, Cardano price noted a small depreciation. In the past week, ADA lost 2% of its market value. Currently the support levels are between $0.50 and $0.45 respectively. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! The price had continued to form higher highs and higher lows till the coin started retracing over the last two days. It could be possible for the altcoin to resume its previous price momentum if the te..

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Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin

It is no secret that many cryptos have been experiencing a price plunge. As of June 18, the price of the world’s largest digital currency, Bitcoin, fell to about $17,622. This data was taken from Binance. Since then, there have been several conversations as to whether or not that price will be the lowest for the asset. A digital currency analyst from CryptoQuant has revealed the possible price of Bitcoin in the nearest future. CryptoQuant is a recognized digital currency resource platform. According to the analyst, the $17,622 price mark may not be the lowest Bitcoin will see. However, this assumption is not very solid given the level it is at the moment. Crypto Winter Overview Many traders and investors are still doubting if there will be a positive change soon. Several pieces of information state the possibility that Bitcoin will still hit a price mark lower than $20K. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Re..

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Despite Bear Market Uniswap Gains Significant Traction, What’s The Reality?

The past few weeks have brought a positive twist in the flow of events within the cryptocurrency market, especially for Uniswap. Lots of the crypto assets are gaining more value in their prices. This overturns after the severe crypto winter that puts lots of protocol at the edge. Most witnessed drastic price drops up to 50% since January 2022. The last chaos in the crypto space was better imagined than described. Additionally, the collapse of the algorithmic Terra stablecoin and its native token, LUNA, spiked the downward trend. Several investors lost millions of dollars, creating tension in the entire crypto industry. Some crypto service companies were thrown off balance as they struggled to be their ship afloat. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Related Reading: This On-Chain Indicator Suggests Bitcoin Still Only 1/3rd Into Bear Market However, a few of them still went bankrupt with most of their deposito..

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