In the past seven days, fan tokens of the Peruvian national football team (FPFT), Spain’s national team (SNFT), and Brazil’s national team (BFT) have rallied 29%, 17% and 12%, respectively, according to data source CoinGecko. Fan tokens of Turkish and Argentinian teams have risen by 10% and 9%. Source
Ethereum is consolidating gains above the $1,300 zone against the US Dollar. ETH could gain pace if there is a clear move above the $1,370 zone. Ethereum is showing positive signs above the $1,320 and $1,330 levels. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $1,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally if there is a clear move above $1,350 and $1,370. Ethereum Price Remains Supported…
The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators. Polygon wins high-profile clients MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett’s Berkshire Hathaway and Softbank, confirmed that it selected Polygon’s “Supernets technology” for its blockchain and digital token, dubbed Nucoin. “Nubank plans to airdrop the digital token to its customers in the first half of 2023,” the official announcement read, adding: “These tokens…
Ethereum gained pace and broke the $1,320 resistance against the US Dollar. ETH is showing positive signs and might surge above the $1,400 resistance. Ethereum started a steady increase above the $1,320 and $1,330 levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally before bitcoin if it stays above the $1,300 pivot zone. Ethereum Price Gains Strength Ethereum…
Bitcoin price is moving higher above $19,250 against the US Dollar. BTC could eye a crucial upside break above the $19,500 and $19,650 resistance levels. Bitcoin started a fresh increase above the $19,200 and $19,250 levels. The price is trading above $19,200 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $19,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong increase if there is a clear move above the…
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CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area. TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down. The price of CRV respects the downtrend line as the price aims to break out of its downtrend price movement. The crypto market has not had the Uptober that many expected, as the market has continued to range despite showing some great signs of rallying in the early part…
AAVE price started a major increase from the $65 support zone. It is up nearly 20% this week and might extend gains above the $85 resistance. AAVE price gained pace after it surpassed the $75 resistance against the US dollar. The price is trading below $85 and the 100-day simple moving average. There was a break above a major bearish trend line with resistance at $75 on the daily chart of the AAVE/USD pair (data source from Kraken). The pair could continue to rise and might soon test the $100…
Dogecoin price has continued to consolidate. However, the coin showed signs of recovery on its one-day chart. Over the last 24 hours, the coin hasn’t made much progress. In the past week, Dogecoin price just moved up by 0.4%, which indicates that the coin is still in a consolidated price range. The technical outlook for Dogecoin indicated that buyers were not in control of the market at press time. This meant that Dogecoin price was still experiencing bearish pressure. For Dogecoin to be able to regain the bulls back, it…
The CoinDesk Market Index fell by 0.8% over the past 24 hours. Bitcoin (BTC), the largest cryptocurrency by market capitalization, was down 0.8%, changing hands in a range between $19,000 and $19,500. Ether (ETH), the second-largest, followed a similar trajectory, down 0.4% to $1,300 as of press time. Original