Solidus Ai Tech has recently announced a new strategical partnership with Galaxy Arena, currently the only VR Earn game aggregator metaverse hub. Galaxy Arena are really making some noise in the Play2Earn and Meta space by bridging the gap between virtual and reality by ‘bringing events, attractions and businesses into the metaverse.’ Galaxy Arena and […]
NEAR price continues to struggle on both low and high timeframe despite showing signs of recovery in recent times. NEAR price trades in a range as the price looks set for a retest of key support areas. The price of NEAR fails to break above resistance despite forming rounded bottom on the daily timeframe. Near Protocol (NEAR) has struggled with the less bullish scenarios as many traders and investors are beginning to get fed up with the price action as the price fails to have a relief bounce against tether (USDT). Near Protocol has shown little or no glimpse of relief bounce as the price aims for a retest of its support region at $3. With the current market looking more promising ahead of more relief bounces from altcoins, there are doubts about Near Protocol as the price isn’t as promising as others. (Data from Binance) Related Reading: Bitcoin Bulls Snap Back With The Bollinger Bands | BTCUSD Analysis October 5, 2022 Near Protocol (NEAR) Price Analysis On The Weekly Chart Most crypto projects have found relief in the new month, with altcoins such as BTC, ETH, and even XRP continuing to show strength after weeks of downtrend movement. The price of NEAR is not looking promising as it continues to move in its downtrend range despite attempting to break $6 and trend above this resistance. Following a rejection from $6, the price retested its $3.5 support area. Since then, the price has struggled to recover and trend above this support level, with many traders and investors concerned about their NEAR positions. The weekly price for NEAR closed bearish ahead of a new week, with the price opening with a range price movement, creating mixed feelings as regards the recovery of NEAR. For NEAR price to resume its bullish trend, the price needs to break and close above $6. Weekly resistance for the price of NEAR – $6. Weekly support for the price of NEAR – $3.5. Price Analysis Of NEAR On The Daily (1D) Chart On the daily timeframe, the crypto market cap price remains bullish, holding support at $850 billion ($850B); this has aided most altcoins, but not NEAR, which remains in a range-bound price movement with little price movement. The current price of NEAR is $3.68, as the price remains below the 8 and 20-day Exponential Moving Averages (EMA), unable to break above this region. The price of $3.75 corresponds to the 8 and 20-day EMA values acting as support. A break above this resistance region could signal a little relief for the NEAR price that has maintained a downtrend for a long. Daily resistance for the price of NEAR – $6. Daily support for the price of NEAR – $3.6. Related Reading: XRP Chills About Support And Aims Higher, Will It Breach $0.5? Featured Image From zipmex, Charts From Tradingview
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The company said that users can now list and buy up to 30 items in a single flow.
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse of the Terra ecosystem and the […]
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The House members claimed the “appropriate place for the discussion” on legislation concerning a digital dollar would be in the U.S. legislative branch.
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The amount of transactions on the LN are difficult to measure because of their inherently peer-to-peer nature. Nodes who are not involved in routing a transaction do not gather any knowledge about the transaction occurring. One option to create an estimate of the total transaction volume is to take known statistics of selected nodes and…
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