Focus

Here’s when you can set up buy trades if you’re an EOS trader

Source Node: https://ambcrypto.com/heres-when-you-can-set-up-buy-trades-if-youre-an-eos-trader/
Time Stamp: August 3, 2021 6:30 AM - Modified On: August 3, 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 The impetus provided by Bitcoin’s resurgence above $40,000 was critical to the altcoin market. With alts relying heavily on the king coin’s movement since the 19 May market decline, BTC’s rally was definitely a sigh of relief. EOS, like most of its competitors, rallied on the back of BTC’s uptick. However, failing to stay above a crucial resistance level led to a slight downtick. At the time of writing,

Cathie Wood’s ARK Invest Snaps Up $45M in Robinhood Stock

Source Node: https://decrypt.co/77232/cathie-woods-ark-invest-snaps-up-45m-robinhood-stock
Time Stamp: July 30, 2021 6:40 AM - Modified On: July 30, 2021 - Published By:
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Republished By Plato

Cathie Wood’s investment firm ARK Invest was quick off the mark to purchase 1,297,615 shares of Robinhood as the company went public on Thursday.With Robinhood's stock closing its inaugural trading session on the Nasdaq at $34.82, this makes the purchase worth more than $45.1 million. According to data disclosed by ARK Invest, this was also the company’s largest purchase of the day across all six actively managed exchange-traded funds (ETFs), with the shares going to the ARK Innovation ETF (ARKK). What is Robinhood? Robinhood is a popular trading app which

Race cars and earn cryptocurrency with Riot Racers

Source Node: https://ambcrypto.com/race-cars-and-earn-cryptocurrency-with-riot-racers/
Time Stamp: July 28, 2021 10:00 AM - Modified On: July 28, 2021 - Published By:
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Republished By Plato

The gaming industry has grown exponentially in the past few years, and the play-to-earn gaming model is leading the way with an innovative approach that puts the gamer in the driver’s seat. Play-to-earn is a relatively newer concept that allows players to own part of the game, earn cryptocurrency-backed tokens by playing, and later trade or exchange earned tokens for fiat on cryptocurrency exchanges. While the play-to-earn gaming industry has seen steady growth recently, many of the games have become too expensive to start playing, with the cost to play

Fundamentally Strongest Crypto Projects in 2020

Source Node: https://beincrypto.com/fundamentally-strongest-crypto-projects-in-2020/
Time Stamp: December 26, 2020 7:03 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

There are numerous new promising cryptocurrency projects coming out every year. Some of them die quickly either because they offer nothing innovative to the cryptocurrency industry or a myriad of other reasons. However, some manage to thrive, lingering around long enough to grow through the ranks and eventually become staples of the industry. In this article, we will take a look at four projects which due to their strong fundamental basis and value added, could eventually become mainstays in the crypto industry. Elrond (EGLD) Elrond is a blockchain that sports

Ethereum Classic (ETC) Struggles to Overcome $7.50 Resistance

Source Node: https://beincrypto.com/ethereum-classic-etc-struggles-to-overcome-7-50-resistance/
Time Stamp: December 21, 2020 5:21 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Ethereum Classic (ETC) is currently making another attempt at breaking out above $7.50, something it has struggled to do since May. The price action and a variety of technical indicators suggest that ETC will be successful in breaking out.   Ethereum Classic Long-Term Support Levels ETC has been following an ascending support line since November 2018 and has validated it four times since. Since April 2020, ETC has also made several breakout attempts above the $7.50 resistance area, which is the 0.382 Fib retracement level of the most recent downward

Bitcoin Consolidates Below $24,000 After Bullish Weekend Rally

Source Node: https://beincrypto.com/bitcoin-consolidates-below-24000-after-bullish-weekend-rally/
Time Stamp: December 21, 2020 3:37 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Bitcoin (BTC) price has reached a bullish weekly close well above the previous long-term resistance area. BTC is currently consolidating just below $24,000 and is expected to break out once more.   Bitcoin Long-Term Movement During the week of Dec 14-21, BTC created a massive bullish candlestick, convincingly breaking through the $19,500 area to reach a high of $24,295. BTC is now in price discovery, having no resistances left to clear above the current price. Technical indicators are still bullish, despite showing that the rally is extremely overbought. BTC

XRP Reverses and Pumps By Nearly 50%

Source Node: https://beincrypto.com/xrp-reverses-and-pumps-by-nearly-50/
Time Stamp: December 18, 2020 10:27 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

While the XRP price has been decreasing since Nov. 24, it reversed its trend on Dec 16, at one point having increased by 50% in less than two days. XRP could correct towards $0.52 and is likely to resume its upward movement afterward. *Note – This article will mostly deal with the short-term movement that has been taking place over the past three days. For a longer-term analysis, please click here. Reversal Leads to Breakout XRP has been falling since Nov. 24, when it reached a high of $0.79. The

Bitcoin Stumbles on Approach to Yet Another All-Time High

Source Node: https://beincrypto.com/bitcoin-stumbles-on-approach-to-yet-another-all-time-high/
Time Stamp: December 15, 2020 4:29 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Bitcoin (BTC) price reached a new all-time high on Dec. 1 but was not able to sustain the increase and has dropped back slightly since. However, the price movement suggests that Bitcoin will soon make yet another attempt at breaking out, though a short-term correction could occur prior.   Bitcoin All-Time High Resistance The weekly chart shows that BTC is trading very close to a long-term resistance area, created by the all-time highs near $19,600. Last week, BTC created a hanging man candlestick, which is commonly considered a bearish

Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

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Time Stamp: December 14, 2020 4:04 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Cardano (ADA) price has been rejected by a long-term resistance level at $0.17. It has not reached a long-term close above this resistance since June 2018. As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March. It moved above the $0.095 resistance area in June, reaching a high of $0.171 before dropping in order to validate the $0.095 area as