Widely followed crypto analyst Michaël van de Poppe says rallies are imminent for Ethereum (ETH) challenger Avalanche (AVAX) and decentralized derivatives exchange protocol Injective (INJ). Van de Poppe tells his 636,000 Twitter followers that AVAX is flashing a bullish reversal signal as its RSI (relative strength indicator) is starting to creep up while the price continues to decline, suggesting that buyers are starting to gather steam. “Bullish divergence, expecting reversal… Source link

There is a growing misconception about the crypto bear market, and how to behave in the turbulent times we are experiencing. Many people believe that the best time to make gains is during the bull run, which is a valid point in itself, but there is a twist. In order to reap hefty benefits during the ‘bull’s hour’, one has to buy the dip, which occurs only during the crypto winter, the one where we reside at the moment. While seeing the red charts could be… Source link

Tomiwabold Olajide Vacuum will ultimately be created for Cardano to thrive in next bull run Cardano-focused Twitter account, Cardano Whale, predicts that Cardano might have its “Ethereum moment” in the next bull run. Explaining what he meant, ADA whale recalls when Cardano became the third largest cryptocurrency by market capitalization in the past year, while Ethereum ranked second. A likely scenario in my mind is that Cardano will have its Ethereum moment next bull run (what it… Source link

Place/Date: – October 23rd, 2022 at 1:09 pm UTC · 4 min read Source: Big Eyes Coin Since the cryptocurrency market sprang into existence in 2009, many have invested and engaged in this emerging market. Now 13 years later, there are over 9,000 different cryptocurrencies with colossal market capitalisations. The crypto market has evolved to include sustainable directives and solutions since its infancy. As well as an ethos that does not privilege profit over the welfare of the wider… Source link

In November 2021, Bitcoin (BTC -0.25%)looked unstoppable as its price approached $70,000 per coin. Since then, the cryptocurrency has lost nearly 70% of its value and it now trades for about $19,000. Was this just a big financial experiment gone bust, or should investors continue to look at Bitcoin as a possible vehicle for building a diversified investment portfolio? It’s certainly possible that the king of cryptos has seen its best days, but there’s also plenty to be optimistic about…. Source link

Place/Date: – October 23rd, 2022 at 12:33 pm UTC · 3 min read Source: Big Eyes Coin The profitability of the cryptocurrency industry has increased dramatically over the past decade. There are now digital crypto assets worth billions of dollars in the cryptocurrency industry. After the explosion of the crypto industry in 2020, dozens of additional crypto tokens have been released. A few of these tokens have made a name for themselves, but the vast majority have failed to live up to their… Source link

Cryptocurrencies have attracted the interest of several investors in recent years and many new investors are now exploring opportunities in the sector. According to CoinMarketCap, there were over 21,000 cryptos in existence at the time of writing and more than 520 crypto exchanges. However, crypto and blockchain technology, both became popular with the introduction of Bitcoin (BTC) in 2009, and the rest is history. Bitcoin (BTC) which is also the biggest crypto by market cap has gained… Source link

Bitcoin (BTC -0.01%) as a payment option could be going mainstream faster than you may think. Speaking at Yahoo Finance’s All Markets Summit, Suresh Kumar, the global chief technology officer of Walmart (WMT 2.02%), discussed some of the ways the giant retailer is planning to make crypto a key part of its future payments strategy, both for physical and virtual goods. As Kumar noted, “Crypto will become an important part of how customers transact.”  Bitcoin, as the most popular crypto for… Source link

Litecoin price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way toward revival and has recovered up to the $52.13 mark during the day as the bullish trend has gained stability. The past week has proved to be highly supportive for the buyers. A constant uptrend has been on the rise, and a similar trend is observed even today. Further recovery is possible if the buyers remain persistent in their efforts Cryptocurrency… Source link

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