Does anyone know what to do? I sent USDC to the router (BSC network) by mistake. https://bscscan.com/tx/0xae07ba1d5cc59490bf881fa70f3fe20220dd94b204ab9b3b7b7cdcfa79a8a8ae If anyone can help me, I appreciate. Thank you. submitted by /u/deadlikeanangel [link] [comments]
Polkadot has displayed negative sentiments on the chart today. Over the last three months, the coin had continued to hold its prices above the $14.40 price mark. At press time today, DOT was trading extremely close to that level. This comes after Polkadot had registered a price hike to $19 during the third week of last month. The bulls had tried very hard to defend the prices at the $16 price support level. DOT went on a slide and it hasn’t halted since. Prices of the asset tried to trade above the aforementioned support line and tried to push the price north but it seems like aiming for $24 could be far fetched for the coin at the moment. As prices have considerably fallen in the past week, buyers’ interest in the coin has also been waning off and that has added to the bearish thesis of the coin. Polkadot Price Analysis: Four Hour Chart Polkadot has been closing in on the support line of $14 as the coin was priced at $14.64 at the time of writing. The coin had managed to keep prices above the $14 support level for the past three months but at the moment, DOT was about to break through the support line. This has also suggested a fall in buying strength and that has caused prices to travel southwards. The volume of assets exchanged was seen in red and the bar was taller than the previous one which could mean an increase in selling pressure. DOT is trading on a three-month low price level and fall from this level would mean that it would trade near the $13.70 price mark. In case of a price reversal, the immediate resistance for the coin stood at $15.40 and then at $16.68. Related Reading | Polkadot, Vechain Founders Pledge Over $10 Million In Crypto To Ukraine Technical Analysis Price of the coin was seen trading below the 20-SMA as that indicated an increase of sellers in the market. Buyers have lost momentum in the market and sellers were responsible for driving prices ahead. Corresponding to the same reading, the Relative Strength Index continued on a downward slide. Buyers had exited the market as the coin was nearing the oversold territory. A push in the buying strength can help prices rise up above the 20-SMA and 50-SMA as seen in the third week of April. Over the last 24 hours, DOT lost 2% of its market value and in the past week, the coin registered a 16.2% downfall. MACD which is responsible for determining a price trend had portrayed green signal bars on the chart in anticipation that prices might see an upward swing but as the prices dipped, the green signal bars have lost their vigour. This indicated a change in price momentum and that could mean a continued downslide for DOT. Bollinger Bands (Blue) is an indicator that ascertains price volatility had depicted a squeeze which meant that volatility has decreased. This reading could mean a continued bearish price action for the coin over immediate trading sessions. Related Reading | Bitcoin Indicator Hits Historical Low Not Seen Since 2015 Featured image from Unsplash.com, chart from TradingView.com
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Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopted by Berkshire Hathaway CEO Warren Buffett. Elon Musk’s Investment Advice Tesla and Spacex CEO Elon Musk gave some investment advice Sunday, […]
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Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Ethereum remains one of the most successful cryptocurrencies in the market, although its current price does leave a lot to be desired. It has not been spared from the general market downtrend that has rocked the crypto space and has since lost its footing above $3,000, a crucial point for the digital asset. Nevertheless, it seems the future is not at all gloomy for the second-largest cryptocurrency going by reports from a Finder’s panel. Ethereum To Surge 100% A recent Finder’s panel made up of industry experts has released an extremely bullish long-term outlook for the cryptocurrency. The panel which took part in the quarterly survey from Finder consisted of 36 industry experts who shared their forecasts for the digital asset. According to them, Ethereum may very well still be in the early stages of its growth price-wise. The digital asset which is currently trading a little above $2,800 received some of the best feedback and the consensus was that there is much growing to do in 2022 alone. They put forward that ETH will see another 100% growth this year that would see its price hit as high as $5,783 before the year runs out. Related Reading | Brace For Impact: A Dot Com Magnitude Crash To Rock The Crypto Market? “Ethereum will jump from its current price of US$2,810 to US$5,783 by the end of 2022,” the panel said. “The price is expected to continue to rise going forward, hitting $11,764 by 2025 and $23,372 by 2030.” Despite the bullish outlook for the altcoin going from current perspectives, it is more bearish compared to the previous predictions. The panel had previously put Ethereum’s price at $6,500 by the end of the year 2022, but the recent quarterly report has seen them adjust this prediction by about 10%. Nevertheless, it remains a good outlook for the digital asset. Not everyone shared the bullish outlook for ETH though. One expert, John Hawkins, senior lecturer at the University of Canberra, said he sees the digital asset ending the year below $2,000. ETH price trending at $2,800 | Source: ETHUSD on TradingView.com How This Will Happen There are a lot of predictions going around for Ethereum which all hinge on the upcoming upgrades on the network. The move to the consensus layer that will see the network move to the proof of stake mechanism is an upgrade that is anticipated to bolster the value of the token and Finder’s experts seem to think so too. Keegan Francis who is the global cryptocurrency editor at Finder explained that for him, the long-term outlook for the cryptocurrency remains pretty bleak until the upgrades are carried out. With this would come the ability to scale for the network. However, Francis added that people will continue to buy the cryptocurrency due to “hype, promise, and potential.” Related Reading | TA: Ethereum Shows Positive Signs But This Resistance Is The Key The network still remains the leading DeFi platform. But with it losing so much market share to competitors, the cryptocurrency editor does not have a lot of confidence right now. “Ethereum is at a very uncertain place in its journey at the moment,” Francis explained. “It is currently losing DeFi (decentralized finance) market share to its competitors.” Ethereum continues to trade above $2,800 in the early hours of Tuesday. Its price is up 0.15% in the last 24 hours to be trading at $2,843 at the time of this writing. Featured image from CoinQuora, chart from TradingView.com
