Analysis Knowledge

Top Prices Today – ADA, DOT, SOL Drop Up To 3%

The overall cryptocurrency market cap surged by more than 1% to touch $2.85 trillion. Meanwhile, the global crypto volume lost nearly 29% to stand at $125 billion.

Top digital assets moved in the green today following the brief profit-taking in the past session. Investors turn to riskier assets during the weekend. Keep in mind that the crypto market usually records better performance during the weekend.

Seven of the top ten assets traded higher during early sessions on Friday. Only Solana, Cardano, and Polkadot traded lower during the same time. The overall cryptocurrency market cap gained over 1%, reaching $2.85 trillion. On the other side, the market volume tanked nearly 29% to hover at $125.7 billion.

CoinDCX Research team commented on the market price actions, saying this week’s lows and highs prompted BTC’s volatility questions and bubble bursting threats re-emerged. That threatened the increasing digital coin’s industry credibility. However, it added that international powerhouses such as the US embrace crypto, the digital asset economy might strengthen the asset’s credibility.

Top exchanges have registered a 200% to 500% increase in day traders. They are individuals making money by taking positions in different cryptocurrency assets. For instance, around 105 million Indians hold digital coins, and the crypto exchanges report over 1 million day traders.

On Tuesday, the US leading crypto exchange Coinbase reported an almost 30% decline in Q3 trading volumes. That was due to declining crypto prices and lower volatility by most crypto assets.

Tech View

Litecoin, also known as BTC lite, is a crypto coin designed to provide immediate P2P value exchange at economical rates. LTC is among the oldest assets in the crypto space that boasts a large active online community. The crypto follows the tokenomics model by allowing limited LTC mint. The circulating supply at the moment is nearly 82% of the overall token supply. With the increased inflation and the sentiment in the cryptocurrency space, LTC surged towards the $300 mark.

As Ripple plans to support LTC, BTC, and ETH through the financing hub launch, Litecoin enjoys the top space in the market. For now, the alt ranks 14 by market cap. Litecoin began its upside journey in October and surged more than 100% to explore $302. That was after September’s correction.

Litecoin has massive support near $247, and holding beyond the mark will confirm more upsurges. Meanwhile, breaking under the level will lead to plummets towards the next support at $224. LTC has to close beyond $300 for further rallies.

LTC Major Levels

Support – $247 and $225

Resistance – $280 and $300

OrbitGTM Bewertung – Warum ist die Wahl dieses Brokers gut für Ihre Online Trading Reise?

OrbitGTM Bewertung

OrbitGTM logoUm mit digitalen Vermögenswerten zu handeln, benötigen Sie eine Handelsplattform, die von einem Broker angeboten wird. Mit einem geeigneten Broker wie OrbitGTM können Sie mit Leichtigkeit handeln und Ihre Gewinne optimieren. OrbitGTM stellt Ihnen nicht nur eine Handelsplattform zur Verfügung, sondern unterstützt Sie auch dabei, die besten Investitionsentscheidungen zu treffen. Es gibt jedoch einige Vor- und Nachteile des Online-Handels. Als Trader können Sie viel Geld verdienen oder viel Geld verlieren. Suchen Sie nach Brokern, die Ihnen helfen, die Handelsrisiken zu verringern, während Sie nach Gewinnen streben.

Die Auswahl eines Brokers ist ein wichtiger Schritt für Ihr Online-Trading-Geschäft. Bei so vielen Möglichkeiten sollten Sie den besten Online-Broker wählen, um den Markt besser zu verstehen. Bevor Sie sich bei einem Broker anmelden, sollten Sie so viele Bewertungen wie möglich lesen. Sind Sie auf der Suche nach einem vertrauenswürdigen Broker, bei dem Sie völlig frei in Kryptowährungen investieren können? Werfen Sie einen Blick auf OrbitGTM. Sie werden viele Handelsmöglichkeiten und Vermögenswerte mit dieser Firma haben, die Ihre Handelsreise begünstigen werden. Lesen Sie diese OrbitGTM Bewertung, um mehr über sein Angebot zu erfahren.

Handelsaktiva

OrbitGTM ist die Lösung, die Sie brauchen, wenn Sie ein Brokerage-Unternehmen mit einer Vielzahl von Optionen für seine Kunden suchen. Das Unternehmen konzentriert sich auf Dienstleistungen im Zusammenhang mit Kryptowährungen. Wenn Sie diesen Broker nutzen, haben Sie Zugang zu einer breiten Palette von handelbaren Vermögenswerten. Sie werden in der Lage sein, sich mit Leichtigkeit im Kapitalsektor zurechtzufinden. Sie werden auch Ihre Investitionen diversifizieren, um Handelsrisiken zu reduzieren. Dieser Broker verfügt über seriöse Anlagen mit einer großen Chance, Ihnen Geld zu bringen. Wenn Sie mit völliger Freiheit handeln wollen, wird dieser Broker Sie in keiner Weise einschränken.

Sie können Bitcoin, Monero, NEO, XRP und andere Kryptowährungen mit OrbitGTM handeln. Bevor ein Vermögenswert in den Index aufgenommen wird, führt das OrbitGTM-Team umfangreiche Untersuchungen durch. Infolgedessen kann das Krypto-Unternehmen die besten Angebote aus seriösen Quellen liefern. Wenn Sie mit dem Broker arbeiten, können Sie jeden verfügbaren Vermögenswert ohne Bedenken kaufen oder verkaufen. Sie können neben Kryptowährungen auch Devisenpaare, Rohstoffe, Aktien und Wertpapiere tauschen. Sie haben die Möglichkeit, mit einem einzelnen Vermögenswert oder mit mehreren Vermögenswerten zu handeln.

Handelsplattform

Welche Vorteile haben Sie von der Handelsplattform Ihres Brokers? Zweifellos ist dies ein wichtiger Aspekt, auf den Sie achten sollten, bevor Sie Ihr Geld einer Kryptofirma anvertrauen. Beim Handel mit digitalen Vermögenswerten wird die Handelsplattform, die Sie verwenden, Ihre Erfahrungen beeinflussen. Kunden können aus einer Vielzahl von Handelsplattformen wählen, die von Online-Brokern angeboten werden. Verwenden Sie die Handelsplattform von OrbitGTM, wenn Sie Ihre Gewinne optimieren wollen. Es gibt eine Vielzahl von Tools und Funktionen, die Ihnen helfen, Ihre Krypto-Aktivitäten zu steigern. Möchten Sie die Einsätze in Ihrem Handelsspiel erhöhen? Dann ist OrbitGTM auf Ihrer Seite.

Für seine Kryptowährungsfanatiker schafft OrbitGTM eine ausgezeichnete Handelsplattform. Mit dieser traderfreundlichen Plattform erhalten Sie eine Menge Vorteile. Sie müssen keine zusätzliche Software installieren, um Ihre Handelsaktivitäten auszuführen. Sie können Ihren Webbrowser verwenden, um jede Krypto-Funktion auszuführen. Die größte Besonderheit ist, dass Sie keine Kompatibilitätsprobleme haben werden. Sie können Ihr Handy, Ihren Computer oder Ihren Laptop benutzen, um Ihr Handelskonto zu eröffnen.

Sicherheit

OrbitGTM scheint das Bedürfnis nach Sicherheit bei der Durchführung von Online-Transaktionen zu erkennen. Denken Sie daran, dass dieses Geschäft mit opportunistischen geplagt ist So sollten Sie nur mit autorisierten Broker handeln. Dieser Broker verfügt über mehrere Sicherheitsmechanismen, um Ihren Schutz zu gewährleisten. Der Broker befolgt zum Beispiel die AML- und KYC-Vorschriften. Das bedeutet, dass dieser Broker seine Kunden gut kennt und auch mit den Behörden zusammenarbeitet, um Geldwäsche zu verhindern. Auf diese Weise wird sichergestellt, dass das Unternehmen jede Art von illegalen Aktivitäten vermeidet. Dieser fortschrittliche Broker wird Ihre sensiblen Informationen und Ihr Geld schützen.

Schlussfolgerung

Um beim Handel mit digitalen Vermögenswerten erfolgreich zu sein, müssen Sie ein Brokerunternehmen mit innovativen Tools und Vermögenswerten auswählen. Möchten Sie mit einem Krypto-Broker arbeiten, der sich um seine Kunden kümmert? Werfen Sie einen Blick auf die Website von OrbitGTM, um zu sehen, was ein seriöser Broker haben sollte.

Aave Reveals V3 Upgrade, Introducing Layer2 Network Support and Cross-chain Feature

Briefly –

  • Aave announced its next upgrade recently, V3, introducing different vital features.
  • The lending platform will accept a cross-chain functionality, allowing users to move tokens between Aave networks.
  • Aave V3 will decrease transaction times fees while upgrading reliability and user experience.

Aave, a DeFi lending protocol, has declared its next upgrade, V3, which will incorporate improvements in the token listing, user experience, and risk management. The blockchain targets to introduce new functionality and Layer-0 decentralized finance protocol.

Aave to Introduce Layer-0 Protocol

Aave announced the V3 update recently, targeting new functionality on the network. The upgrade will allow DeFi protocol to improve user experience, security, decentralization, and capital efficiency.

It will also decentralize new assets listing. With that, Aave governance can allow entities to list digital coins via on-chain votes. V3 will make it more efficient as the current listing procedure is extensive, requiring proposals.

Also Read: Ladson Capital Broker Review

Administrators and governance members will enable supply caps and borrowing caps to reduce related risks. Moreover, the platform will introduce an Isolation mode for further risk management.

The anticipated update will incorporate some other vital functionalities. They include Ethereum-based Layer2 networks support. That would reduce the fees and time to complete transactions because users can escape congestions in the Ethereum network, improving reliability and user experience.

Also, V3 will introduce another cross-chain functionality, allowing users to move crypto between the Aave ecosystem on various networks, including Ethereum, Fantom, Polygon, and Solana. Meanwhile, Aave confirms V3 as a gateway to next-gen Layer-0 decentralized finance protocol.

Aave Price Ready to Surge

According to the daily price chart, Aave has been trading in a continuous pattern. That comes as the alternative coin encounter multiple obstacles in an attempt to rally. Meanwhile, Aave nears a symmetrical triangle apex, and a break past $364 can trigger upward price actions for the crypto.

The 100- and 200-SMA, coinciding with the prevailing cart pattern’s upper border at $346, remain stiff hurdles, preventing Aave’s higher movements. Rising bast this obstacle can translate to a massive upswing.

Also Read: Impressive Area Broker Review

However, if consolidations proceeds, Aave will secure massive support around 21-day Simple Moving Average at $318, then 50-day SMA, corresponding with the triangle’s bottom border at $306. Increased selling momentum can have Aave dropping to 23.6% FIB retracement at $286.

Perché Polygon, Curve DAO Token e Harmony sono saliti alle stelle questa settimana?

Che cosa è successo?

Il mercato generale delle criptovalute ha visto un forte slancio verso l’alto durante il mese di ottobre. Molti altcoin legati a Ethereum hanno fatto guadagni particolarmente impressionanti nel corso della scorsa settimana in concomitanza con lo slancio per la blockchain e i suoi token.

FXORO Opinioni – Tutto quello che devi sapere sul broker

Polygon, Curve DAO Token e Harmony sono stati tra i token che hanno visto i migliori guadagni durante nel corso di questo periodo. Alle 6 del mattino di sabato, le rispettive criptovalute erano in aumento di circa il 26%, 45% e 22,5% negli ultimi sette giorni di trading, secondo i dati di S&P Global Market Intelligence. Il token Ether di Ethereum è aumentato di circa l’8% in quel periodo.

Cosa significa questo?

L’utilizzo della blockchain Ethereum ha raggiunto un livello record la scorsa settimana, e l’aumento dell’impegno con la rete e  l’impennata dei prezzi per il token Ether sembrano aver incrementato i guadagni per Polygon, Curve DAO Token e Harmony. Oltre all’aumento del prezzo guidato da Ethereum, l’aumento del token Polygon può essere in parte dovuto all’investimento del team di sviluppo in Colexion – il più grande mercato asiatico per i token non fungibili.

Il token Curve DAO è una criptovaluta che supporta la blockchain Curve, una rete sulla blockchain di Ethereum progettata per il trading di stablecoin e per le puntate. Mentre Ethereum gode di una crescente popolarità e il valore del suo token Ether è salito a un livello record, il token Curve DAO sta beneficiando di questo slancio.

Anche il token di Harmony ha beneficiato dell’aumento di Ethereum. Harmony è una blockchain per distribuire e scalare applicazioni su Ethereum e altre reti.

Cosa verrà dopo

La crescente domanda di Ethereum sta facendo girare molte teste nello spazio delle criptovalute. Se la rete continua a vedere una rapida adozione, c’è una buona probabilità che Polygon, Curve DAO Token, Harmony e altre blockchain e criptovalute legate a Ethereum vedranno le loro valutazioni salire ben oltre i livelli attuali. Tuttavia, gli investitori dovrebbero anche tenere a mente che un peggioramento delle prospettive per Ethereum o un calo significativo del prezzo di Ether potrebbero causare un sell-off ancora più grande in altri token di criptovalute.

Dlaczego akcje Bakkt podlegały silnym wahaniom we wtorek

Co się stało?

We wtorek akcje Bakkt Holdings notowane były z dużą zmiennością. Początkowo wzrosły o 22,9%, a następnie spadły aż o 28,8%. Sesja zakończyła się spadkiem o 22,3%, ale nadal jest to poziom znacznie powyżej poziomu, na którym zakończyła poprzedni tydzień handlowy.

Smart Trade Group Przegląd:
Czy Smart Trade Group jest dobrą Platformą Wymiany i Handlu Kryptowalutami?

Dostawca kryptowalutowych instrumentów pochodnych przyciągnął uwagę traderów po ogłoszeniu w poniedziałek rano, że nawiązał współpracę z Mastercard, aby pomóc sprzedawcom, bankom i firmom z branży technologii finansowych w USA oferować rozwiązania i usługi kryptowalutowe.

Co dalej?

Usługi, do których partnerzy Mastercard będą mogli uzyskać dostęp dzięki integracji z Bakkt “obejmują możliwość kupowania, sprzedawania i przechowywania aktywów cyfrowych przez konsumentów za pośrednictwem portfeli depozytowych zasilanych przez platformę Bakkt, a także usprawnione wydawanie markowych kryptowalutowych kart debetowych i kredytowych”. Mastercard powiedział również, że włączy kryptowaluty do swojej oferty programów lojalnościowych.

Bakkt ogłosił w poniedziałek po południu, że nowe partnerstwo z firmą Fiserve, zajmującą się technologiami płatniczymi i finansowymi, zaoferuje rozszerzone możliwości transferu środków do i z portfeli mobilnych, czyniąc kryptowaluty wygodniejszymi w użyciu.

Co to oznacza?

Dzikie wahania cen Bakkt we wtorek sugerują, że inwestorzy mają trudności z podjęciem decyzji, czy te transakcje i związany z nimi szum zostały już w pełni uwzględnione w wycenie akcji technologicznych. Co więcej, duża część zmienności może być po prostu spowodowana działaniami day traderów. Wahania były tak duże, że w pewnym momencie sesji obrót akcjami został chwilowo wstrzymany.

Burzliwa faza prawdopodobnie jeszcze się nie skończyła – akcjonariusze Bakkt powinni być przygotowani na większą zmienność w najbliższych dniach.

Avalanche, Solana Price Analysis – 22 October

  • Solana appears to reward its loyal customers as it crosses above $200 in a mission to explore the record peaks of $215.
  • Avalanche stays on the path to $80 with the momentum gained after the alt broke past a critical descending trend-line.

Solana (SOL) maintained its upside trend yesterday even when BTC and ETH slowed down and retraced. The ‘smart’ contracts competitor crypto trades past $200 almost one day after reclaiming the critical $180 level.

The crypto space witnessed impressive price movements during the past sessions. Bitcoin managed to rally beyond its record high to trade above $67,000. On the other side, Ethereum neared its highs, located around $4,400. For now, BTC trades around $63,000 as bulls remain optimistic, taking the crypto to $70,000 before we end the week.

Also, ETH corrected to secure its support level at $4,000. Most analysts trust that these retracements will attract sidelined investors to subsequent rallies. Ethereum enthusiasts see the leading altcoin hitting $5,000 in the upcoming days.

Solana

While publishing this article, SOL hovers around $202 as bulls target the record high at $215 (Coinbase data). Meanwhile, the altcoin requires massive support to capitalize on bulls’ strength for higher price exploration rather than battling with bears.

The Moving Average Convergence Divergence and the Relative Strength Index indicate a positive short-term outlook. As the former moves beyond the midline, it encourages bulls to storm the market and magnify their stakes. Also, the RSI moving towards the overbought territory shows buyers’ favoritism. The situation has higher chances to remain unchanged in the short term.

Avalanche

AVAX is on the path to challenge record peaks after the alt rebounded from the crucial support near $50, also the demand area. For now, bulls control the momentum as AVAX surged past the descending trend-line.

AVAX-USD Daily Price Chart

The 50-day Simple Moving Average also seems to follow the uptrend, offering support whenever necessary. Avalanche has its value at $64 as it targets $70 in the coming sessions. If the alternative coin receives broad market support, it might hit $80 in the coming days.

Stay around for the latest cryptocurrency market updates.

Is It Late To Invest In Solana ($SOL)? – 22 October

  • Solana had its price increasing by 7% over the past 24 hours, while its trading volume surged 15%.
  • The altcoin project has attracted market players because of its recent Hackathon.
  • These elements mean that SOL might rise higher. Time to buy?

Solana (SOL/USD appears to lead the public blockchain network with time. It is a decentralized and open-source cryptocurrency project that utilizes the Proof-of-Stake mechanism.

Solana’s Increased Interest Catalyze the Alt’s Growth

MonkeyBall, a Solana-backed game, raised almost $3 million in its funding round on 21 October. Moreover, Solana held IGNITION, its Hackathon, between 18 October and 22 October 2021. This Hackathon had more than 5,875 participants and over $5,120,000 in prizes. Also, it is the highest Hackathon move by Solana, supporting more than 500 projects. Such developments contributed to the increased interest in the Solana blockchain.

Moreover, Solana declared collaborating with Wormhole to announce UST’s introduction to Solana decentralized finance on 20 October. Keep in mind that Wormhole is a cross-chain interoperability ecosystem connecting top blockchain platforms.

On that day, OKEx declared USDT and USDC’s deposit and withdrawal functionality via the Solana platform. That reflects the growth that the Solana network has seen, translating to $SOL value rising.

Should You Purchase $SOL?

Solana (SOL) traded at $207.05 on 22 October.

We may have to analyze SOL’s performance to ATH and September price movements for where the coin will head in the coming sessions. Solana hit its record high on 9 September, exploring price zones at $213.5.

For now, Solana appears near to its ATH. The altcoin needs a 5% ascend or $11.35 increment to rise above its historic highs. Meanwhile, Solana plummeted towards $122.54 on 22 September, hitting its monthly low. From 7 September to 22 September, $SOL declined by 42% or $90. However, the alt surged by 64% or 79.58 from 22 September to 22 October.

For now, SOL appears to have the momentum needed to touch $210 before October ends, thus not late to purchase the coin. However, beware of the crypto volatility. If you want to buy $SOL, you only need secure and easy-to-use platforms. Capital.com and eToro are among the trading offering trusted services to Solana enthusiasts.

Can The Improved NFT Buzz Trigger SOL’s Price Moves?

As the dominant cryptocurrency, Bitcoin, steadies beyond $60,000, the alternative coin’s market witnesses dull actions. While publishing this article, besides BTC, only Polkadot recorded double-digit surges. Though Solana appeared to climb up the ladder, hinting at possible upsurges, it looked stuck with massive resistance. However, Solana has surprised market players with explosive upticks over the past sessions, and such scenarios might happen again.

SOL to Surge amid NFT Buzz

The SOL platform enjoys a buzz on public networks as Solana NFTs appear to gain the required traction. Also, the SOL narrative received a further boost from the recent announcement by FTX US declared supporting the SOL NFT market.

Solana witnessed surged anticipations as the altcoin gained nearly 10% over the past few days. Meanwhile, sources showed how the Solana ecosystem attracts institutions despite the recent price consolidation. SOL recorded 2nd most institution weekly inflows during October’s second week. It followed Bitcoin while outperforming the DeFi leader, Ethereum.

On the other hand, analysts anticipated that Chainlink’s recent declaration to collaborate with Solana in Q4 would trigger both tokens. However, LINK and SOL failed to record massive gains after the announcement.

Solana (SOL) at Crossroads

Solana’s platform outage on 14 September is among the reason behind SOL’s plummet and consolidation. However, Solana has dealt with such experiences before, suffering a downtime 20202 December.

Though Solana managed to rise after the outage, it encountered a significant resistance around the $164 level. Macroaxis data showed that SOL is almost 2.1 times more unpredictable compared to Wrapped BTC.

As Solana oscillated under the resistance of $164, it indicated breakout signs. That translated to an idyllic market entry-level. The $160 level may serve as an ideal entry-level for traders if the token gains upside momentum to stay beyond the resistance for some days.

Although SOL’s long time frame depicted gains recently, perpetual markets and futures do not reflect massive crowd anticipation as Open Interest stays less or more constant. Nevertheless, futures volumes recorded a nearly 50% rise on 15 October.

For now, SOL’s price appears exhausted as the altcoin’s social sentiment remain low. However, Bitcoins rally amid NTF rumors can mean Solana preparing a rally silently. However, Solana should maintain its price actions beyond the critical $160 level to support upside moves.

VeChain, Ethereum Classic, XRP Price Analysis – October 15

Though Ethereum and Bitcoin displayed bullish progress in the past 24 hours, some alternative tokens disassociated their movements. Alts such as ETC, VET, and XRP recorded sideways actions and printed mixed gestures on their respective indicators.

XRP

While writing this article, XRP dropped 1.46% over the past 24 hours to stand near $1.12. XRP maintained consolidation actions inside a constricted range from $1 to $1.2 for some time. The alt has the immediate support at $1 as its resistance can emerge around the $1.2 area. Technical indicators depicted bearish signs.

The Relative Strength Index steadily moves lower, mimicking the altcoin’s price reactions. It stays beyond the midline but far from the 70-level. For that reason, market players can hardly notice trend reversal signs. On the other hand, the Moving Average Convergence Divergence displayed red histograms and might record a bearish cross soon. Also, the Awesome Oscillator highlighted a red gesture, suggesting that the market somewhat favors sellers.

Ethereum Classic

Ethereum Classic (ETC) traded at $54.01 and sustained a 1.63% decrease while writing this content. The alt’s price appears to consolidate around the range at $51 – $54. ETC has an overhead resistance at $59.86 as the support zone hovers around $49.69technical indicators suggested selling momentum dominating the market.

The RSI stayed around the 50-level, showing higher chances of dropping to the oversold region, hinting at sellers’ presence. Also, the MACD retained bearish gestures with red sign bars, suggesting that sellers might claim their place in the coming sessions. Moreover, the Awesome Oscillator depicted red lines, confirming a possible downswing.

VeChain

VET experienced a 4.78% plunge in the last 24 hours. However, the alt trades at a 2.3% high in the past week. While publishing these updates, it traded at $0.115. It has its immediate resistance at $0.123 as its support is around the $0.100 mark. Technical indicators did not highlight clear directional bias.

The RSI maintained beyond the mid-line and indicated bulls’ control. However, the Awesome Oscillator and the MACD appear to favor selling activities. The latter seemed close to a bearish cross while the former targeted a drop under the mid-line.