Charts

Litecoin’s comeback is possible provided this happens

Source Node: https://ambcrypto.com/litecoins-comeback-is-possible-provided-this-happens/
Time Stamp: September 27, 2021 7:30 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

Litecoin’s price has seen its own share of ups and downs this month. However, of late, the downs have been more prominent than the ups on the charts. Inevitably, the alt’s market cap shrank. As a result LTC has slipped on CoinMarketCap’s rankings chart as well. The alt that was once a part of the top 10, occupied the 16th position at the time of writing. Barring one instance since 7 May, LTC was evidently trading below $200. In fact, its press time state was even worse with the alt

Cardano, Synthetix, VeChain Price Analysis: 07 September

Source Node: https://ambcrypto.com/cardano-synthetix-vechain-price-analysis-07-september/
Time Stamp: September 7, 2021 9:00 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

Quite a few altcoins in the market experienced bearish momentum. The likes of Cardano, Synthetix and VeChain noted a decline on their respective charts. Cardano fell by 2.5% and was expecting to rest near its support zone of $2.49. Synthetix traded right above its support level of $12.49 and threatened to fall below it over immediate trading sessions. VeChain too, experienced loss while consolidating and was moving south towards its one-week price low of $0.124 Cardano (ADA) ADA/USD, TradingView ADA noted downward movement as it registered a 2.5% decline over

Tezos, Binance Coin, Cosmos Price Analysis: 02 September

Source Node: https://ambcrypto.com/tezos-binance-coin-cosmos-price-analysis-02-september/
Time Stamp: September 2, 2021 9:00 AM - Modified On: September 2, 2021 - Published By:
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As Bitcoin and Ethereum secured fresh gains, the altcoin industry mimicked their price actions. Tezos, in the midst of developmental news about Golden Goals introducing NFTs on the altcoin, pictured gains while eyeing its immediate resistance level of $6.05. Binance Coin surged by 5.2% as it steered clear of the crucial support level of $460.42. Finally, Cosmos rallied by 7.3% as it prepared to retest its all-time high.  Tezos [XTZ] XTZ/USD, TradingView XTZ rose up on its charts after Bitcoin pushed against $50k. Over the last 24 hours, XTZ registered

Why this billionaire investor’s crypto-investment advice has no basis

Source Node: https://ambcrypto.com/why-this-billionaire-investors-crypto-investment-advice-has-no-basis/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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Republished By Plato

The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on

Making DeFi mainstream: An interview with FEG token Marketing Manager Chris

Source Node: https://ambcrypto.com/making-defi-mainstream-an-interview-with-fegex-marketing-manager-chris/
Time Stamp: August 30, 2021 12:30 AM - Modified On: August 30, 2021 - Published By:
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Republished By Plato

Although the DeFi space is growing significantly, it still lacks mass adoption. Another issue faced is by novice users in the space who can fall prey to scams and rug pulls easily. FEG Token is built to provide a decentralized transaction network that operates on Ethereum and Binance Smart Chain blockchains. The multi-chain exchange, FEGex, offers decentralization and is driven by its community. In conversation with Chris, the Marketing Manager for FEG Token, we talk about the DeFi space, FEGex’s solution, FEG Token, and much more. 1. According to you,

Cardano: The ERC-20 Converter will go live on the testnet by…

Source Node: https://ambcrypto.com/cardano-the-erc-20-converter-will-go-live-on-the-testnet-by/
Time Stamp: August 27, 2021 8:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Cardano’s ADA has been trending upwards since the 20 July bottom, with the alt setting higher highs on the charts. According to most, the primary driver behind the same has been a host of significant updates within the ecosystem. The IOHK team shared more updates with the community during the most recent Cardano 360 event. In the video, Cardano’s executives announced that it would launch an ERC-20 converter to bring Ethereum assets to Cardano’s testnet. According to IOHK Project Manager Francisco Landino, the new tool is coming on the testnet

Mapping out how Cardano’s next attempt to breach $3 might go

Source Node: https://ambcrypto.com/mapping-out-how-cardanos-next-attempt-to-breach-3-might-go/
Time Stamp: August 27, 2021 4:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has seen a healthy correction after a near 200% surge from its July lows. On the dip, ADA’s May ATH of $2.64 marked an ideal entry point for bullish traders and the charts recorded northbound momentum once again. On the downside, it was doubtful whether ADA would be able to sustain another bull run without a stronger correction. The RSI was close to the overbought zone and the

Dexalot Ready for Mainnet After Successful Testnet Launch

Source Node: https://beincrypto.com/dexalot-ready-for-mainnet/
Time Stamp: August 27, 2021 1:00 PM - Modified On: August 27, 2021 - Published By:
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What is Dexalot? Dexalot is the first decentralized exchange with a central limit order book on the Avalanche blockchain platform. Sponsored Sponsored The Avalanche community has started testing the application in early August and it will be available on mainnet in the third quarter of 2021. With functionality and interface features that rival centralized exchanges, it is fast and easy to use. Sponsored Sponsored Dexalot runs on an on-chain central limit order book reaping the inherent benefits of blockchain technology’s non-custodial, decentralized, and permissionless nature. Key characteristics of Dexalot Central

Bitcoin (BTC) Rebounds, Aims to Reclaim $51,000

Source Node: https://beincrypto.com/bitcoin-btc-rebounds-aims-to-reclaim-51000/
Time Stamp: August 20, 2021 7:56 AM - Modified On: August 20, 2021 - Published By:
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Bitcoin (BTC) continues its uptrend and reclaimed its 200-day moving average (MA) yesterday. If the trend continues, it could lead to the long-term resistance area at $51,000.Sponsored Sponsored Looking further out, a Wyckoff distribution pattern is possible, which would take BTC to the support area at $37,300. Bitcoin rebounds After printing a gravestone doji candlestick on Aug 18, BTC rose almost 5% to close at $46,765. On Aug 20, BTC continued on its upward trajectory and is attempting to break through the previous peak at $48,150 from Aug 14. Yesterday’s

What’s the best-case scenario for Ethereum

Source Node: https://ambcrypto.com/whats-the-best-case-scenario-for-ethereum/
Time Stamp: August 16, 2021 10:01 AM - Modified On: August 16, 2021 - Published By:
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Ethereum has held a valuation above $3000 since August 7th. It is a strong indication of a bullish market and over the long-term, it should unfold as a turning point. Yet, every cycle needs its period of correction and right now, major assets are indicative of such a change. However, we want to analyze Ethereum irrespective of its performance over the past 2-weeks. The market looks overheated but we would be looking at current signs that are signalling a push-down and not the price position itself. $3300-$3400 range of history

Here’s everything you need to know about Bitcoin’s ‘biggest’ buy signal

Source Node: https://ambcrypto.com/heres-everything-you-need-to-know-about-bitcoins-biggest-buy-signal/
Time Stamp: August 8, 2021 11:00 AM - Modified On: August 8, 2021 - Published By:
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To a fair extent, Bitcoin’s price managed to take people from the crypto community by surprise. The market’s largest coin was trading at $43.3k at press time. Before analyzing whether or not Bitcoin would be able to continue its uptrend, let’s deep-dive and decipher the signals exhibited by key indicators. Hash rate trend Until recently, Bitcoin’s hash rate was hovering around its November 2019 lows (86.2 million TH/s). However, this started improving since July. Interestingly, over the past ten days, this metric’s reading has risen from 98 million TH/s to

MoonBoys Finance to Aurum: What does this change entail for AUR holders?

Source Node: https://ambcrypto.com/moonboys-finance-to-aurum-what-does-this-change-entail-for-aur-holders/
Time Stamp: August 5, 2021 5:15 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Last year’s DeFi boom gave rise to a spectrum of emerging trends in the crypto space. Among the most prominent ones is the deflationary token trend that comes with an opportunity for exponential rewards for its investors. Capitalizing on this trend emerged another prominent project called MoonBoys Finance. For all of you crypto nerds out there, MoonBoys Finance ($MBS) must be quite a familiar name. The project reached a market cap of over $80M at peak and garnered a record-breaking 11200+ holders in the first seven days.  While all these