Polygon soars 70% following development updates, Disney accelerator
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Users in this sub and other crypto subs have this mentality that crypto is the best and only opportunity they have to get ahead financially. This is ridiculous, getting a good job would be far more beneficial, especially if you have a shitty job and can't afford to buy much crypto in the first place.…
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In posting NFT artwork on social media, a new owner could be breaking intellectual property laws. A “wave of litigation has already begun.”
As everyone is well aware eth has gone from roughly $1000 to just under $1500 within the span of 2 days regarding eth 2.0 merge announcement. That has brought some hype back into the crypto market since this bear market we have been in since November. I don’t want to be the bearer of bad…
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Hey guys, I'm pretty scared of signing malicious smart contracts etc because I've heard a lot of scary stories. By now I only use a hot metamask wallet to interact with defi, and my question is if I could connect my ledger to metamask and choose a new account where I don't have any funds…
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During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5, 2021, by approximately […]
After shutting down my miners i’ll have to turn on my house baseboard heaters this fall/winter. Ugh. All that wasted electricity required just to make some heat. At least with pow mining I get some coins out of this same process. I should submit an EIP to make ETH run on POS in summer and…
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Despite the recent sluggishness of XRP, the token is performing significantly better compared to other coins. The bulls successfully defended the $0.3 support and tried to reverse the trend by breaching above the crucial resistance. As the price has not fallen following a false breakout, this indicates that the bulls may be stronger than the bears. Thus, the volume has increased, which is a positive indicator. As of this writing, XRP is trading at $0.364, up 12% in the last seven days, data by Coingecko show, Monday. Suggested Reading | CEL Token Seen Making A Recovery Despite Celsius Going Bankrupt Image – The Coin Republic XRP Straight Green Candles Ripple has registered three consecutive green daily candles, and purchasers were able to increase the price by 15 percent till Friday evening. The primary concern, though, is whether this rally is sufficient enough to halt the intermediate-term bearish trend. On a daily scale, buyers drove the price towards the short-term horizontal resistance at $0.4, attempting for a third time to breach the key breakthrough. The 14-day RSI indicator entered positive territory and surged past the baseline at this time. This means that the bulls are now more dominant than they were previously. Ripple has not been able to achieve a higher daily high for a quite a long time. Since May this year, sellers have kept the bulls from surpassing the previous peak (in yellow). Imge – TradingView.com In order to begin a trend reversal, XRP must first establish a higher high above $0.4. In this instance, bearish momentum could eventually begin to diminish. The bulls should then barrel past the horizontal barrier between $0.50 and $0.55 (in blue) before retesting the falling trendline (in red). Overcoming the red static barrier that has been shading the price for a considerable amount of time might be a very bullish indicator for the token. Global Crypto Market Cap Up 1.35% According to data from CoinMarketCap at the time of writing, the worldwide market capitalization of cryptocurrencies increased by 1.35 percent during the previous 24 hours, reaching approximately $980 billion. XRP total market cap at $17.6 billion on the daily chart | Source: TradingView.com The 24-hour volume of the worldwide cryptocurrency market declined 1.7% to $61 billion, while the 24-hour volume of DeFi was $5.55 billion, representing 9.0% of the global crypto market. The volume of all stablecoins was $55.63 billion, or 90.72 percent of the 24-hour volume of the whole crypto market. Currently, XRP is seeing resistance at the 50-day moving average. If there is a breakthrough, it will mark the first time since March 9 this year. Prior to a potential reversal, however, the price must first consolidate above the key resistance between $0.48 and $0.52. Suggested Reading | ApeCoin Performance Lags Behind Other Altcoins – Here’s What Happened To APE Featured image from The Merkle News, chart from TradingView.com