ETH/USD is following with the rest of the crypto market. Smart contracts have also become a hot topic. With that being said the current price of ETH/USD is very reasonable at the moment and also shows a lot of support. We have retraced 50% since the end of 2019 price level so consolidation has been happening. We also currently sit on 2 solid uptrend lines as...
I'm looking for at least a test of the blue box. If we close in or above the green box I'm looking for more upside. If we close in or below the red box, than we could see possibly some lower targets.
yesterday KNC/BTC made an insane run up to 0,00010000 is consolidating since then. I am expecting a break out of the Symmetrical Triangle to the upside within the next 12h. watch my older posts of my KNC/BTC predictions! leave a like ? * no financial advice
Ethereum looks to be retesting a key level at around $230, coincidently this is the neckline of a macro inverse head and shoulders. BTC pair also looking particularly strong and dominance looks like it will continue to be strong as the altcoin markets slowly wakes up. Fundamentally, Ethereum is transitioning to a Proof of Stake (PoS) protocol over the course of...
Feb 10 9 PM - $997 million Feb 12 9 PM - $1.19 billion Stats from defipulse At the point the rate eth is locked in defi exceeds the rate that new eth is mined, eth will experience asymptotic growth. I am HEAVILY long eth at this point because both the fundamentals and the long term elliot counts are overwhelmingly favoring the bulls. The extended 5th wave it is...
According to defipulse there is now a record $1B worth of eth locked in defi. This is basically the original primary use case for eth that led it to huge valuations, that it could be the backbone for real world finance and insurance applications. This is what will bring eth out of the perception that it's only good for little web games like crypto kitties and...
I already made a projection after bitcoin fell from 10.000 to 6.900 this is no coming back DeFi is being insanely pushed into existence. Crypto News: Bakkt Loyalty / Consumers Wallet (Trillion Dollar potential expansion - CME/ICE) Defi ( 1B USD worth of ETH Locked) + POS rollout 2020-2021\ Futures Contracts Rollout Traditional News Corona Virus Outbreak...
Basic look at the Cryptocurrency total market capitalisation excluding Bitcoin. My points are on the chart along side 3 predictions for the year ahead. This chart also contains a comparison against the Cryptocurrency total market capitalisation including Bitcoin.
Hope it doesnt take any longer than this
Looking towards defi projects I stumbled upon Tierion and Ren. Tierion is still pumping and in sat value is to risky for me to get in since its over 300% this year alone. Now Ren is up 100% already this year, yet with the high VPVR around this 510 sat value and only having a 30mil mc, seems like a great deal after seeing a pullback from 1394 sats would just be...
Hi everyone, Chainlink is a decentralized oracle that can provide external data to smart contracts. Everyone know their implication in the Ethereum DEFI, Chanlink will play a major role. LINK is ready to go up in the B wave, now supported by weekly EMA 21. My suggestion will be to exit at 2.95$ before we hit the next retracement wave. WE already made a complete 5...
While the altcoins market will continue to flush out the nuisance caused by the ETH based ICOs from 2017, however the alt king sneakingly seems to setup for it next bull run in long term. With the actual use case projects under DeFi infrastructure keep being build around ETH, one could argue that even the BTC maximalists can never with a stern voice disregard...
Ethereum is a money or is just about to become a money. BTC is a money, but Ethereum will go far beyond… ICO was a driver for ETH’s rise back in 2017, DeFi is a driver for ETH’s in coming bullrun. Don’t know how many of you guys are aware of what is DeFi is, how many of you have ever tried/tested/used those apps. It is MUST HAVE! To be short: most of the...
ETH has been in a downtrend against BTC for two years. This year, while ETHUSD has seen some significant gains, ETHBTC has been constrained in a range that keeps getting more narrow. The recent Bitcoin push has caused many alts to capitulation against BTC, and it might be time for a little relief. The bad: BitMEX funding has been rewarding shorts for as...