Author: dfmines

Hey guys, I bridged from ETH (Layer 1) to Arbitrium (Layer 2) yesterday and I'm still in disbelief on how fast it is. The transactions are processed in under 2 seconds and the fees are 10x lower. To bridge from ETH to Arbitrium: https://bridge.arbitrum.io/ What can you do on Arbitrium? https://portal.arbitrum.one/ There are going to…
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Ethereum is struggling to climb above $3,500 against the US Dollar. ETH price is moving lower and it could decline further below the $3,200 support zone Ethereum failed to clear the $3,450 level and started a fresh decline. The price is now trading well below $3,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline if there is a clear break below the $3,200 support zone. Ethereum Price is Struggling Below $3,400 Ethereum attempted a recovery wave above the $3,400 level. However, ETH struggled to clear the $3,450 resistance and it even failed to stay above the 100 hourly simple moving average. A high was formed near $3,450 and the price started a fresh decline, similar to bitcoin. There was a break below the $3,350 and $3,320 support levels. Ether traded below the 50% Fib retracement level of the upward move from the $3,148 swing low to $3,450 high. It is now trading well below $3,400 and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD. Besides, it is now trading well below $3,400 and the 100 hourly simple moving average. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $3,320 level. The first major resistance is near the $3,380 level. A proper move above the $3,380 level and $3,400 could increase the chances of a steady increase. The next major resistance sits near $3,500. More Losses in ETH? If ethereum fails to continue higher above the $3,350 and $3,400 resistance levels, it could start another downward move. An immediate support on the downside is near the $3,220 level. The 76.4% Fib retracement level of the upward move from the $3,148 swing low to $3,450 high is also near $3,220. A downside break below the $3,220 and $3,200 support levels might push the price further lower. The next major support is now forming near the $3,150 zone, below which ether price might revisit $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $3,200 Major Resistance Level – $3,380

Yup you heard that right. I have been working as an Admin Assistant in a company for 5 years and I earned and saved more money than my full time job. But of course this didn’t happen in just one day. Investments need to grow whether it be stocks or in crypto. Until I started…
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From all of my research, I have noted some common themes to getting rich in crypto. I've narrowed my analysis down to 5 simple points. If you follow this is strategy, you will see a return of more than 1000% in 5 years. 1: DYOR. Find a few coins with good projects that you beleive…
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ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round oversubscribed 400% As a reflection of the huge demand […]

Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season.

Now I don’t want to be that guy who is talking bearish because crypto going up only benefits me substantially, but it has come to my attention that every single time there is a rise at all everyone starts becoming overly bullish. This rally we just briefly had is typical after a blow off top…
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More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than 90% in 24 hours.