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Will MIOTA Record Positive Breakout Despite Consolidation?


IOTA is a distributed ledger, relatable to Ripple, distinguishing itself from a blockchain. The in-house token for this ledger is called MIOTA. The way IOTA presents itself is not in the role of an altcoin but as an extension of the current blockchain technology. It works on the similar ethos...

BNB Inches Closer to Its 100 EMA; Is $331 a Next Target?


BNB token is the key to the entire BNB network that now operates on its self-developed Binance Smart Chain to accommodate faster cryptocurrency transactions and improve the efficiency of its trading platforms. Despite its huge declining market cap, BNB holds the #5 rank with a value surpassing...

Filecoin Lacks Investors’ Trust; Will FIL Price Soar Again?


Filecoin addresses a problem that could emerge in the future since cloud storage is a free service from most online technology companies, be it Adobe, Google, Facebook, Gmail, YouTube, or other tech firms. The storage of data in these firms is centralized, which can be accessed by these firms...

BitTorrent (BTT) Fails Badly to Cross Immediate Resistance!


Unlike the high flowing ERC-20 token that signifies Ethereum’s fungible token creation service, the BitTorrent platform created its cryptocurrency named BTT as a TRC-20 token. BitTorrent Foundation was acquired by the TRON foundation in 2018, after which the BTT was created and launched to...

Ethereum Classic (ETC) Price Rises Remarkably; Is It Any Trap?


Ethereum Classic has turned into a rocket after its sudden spike and strength in holding the resistance zones. The subsequent gains made in July so far were defended in three instances, showcasing a strong belief of buyers in ETC’s price trajectory, changing the expectations from consolidation...

Polkadot Price Follows a Negative Trend: Will DOT Breakout?


Polkadot protocol has developed into an open-source multichain protocol that gets this funky name for securing a few networks of special blockchains or market leaders to facilitate cross-chain trades, asset transfer, and promote interoperability of blockchains with each other. Polkadot is working...

Algorand Lacks Buying Support; Will ALGO Come Out of the Trap?


Algorand blockchain still commands a decent market capitalization of $2,127,730,260, with just 69% of ALGO tokens in circulation. Despite its services surrounding smart contracts and decentralized applications using an iterated version of permissionless Proof of Stake to increase the transaction...

Solana (SOL) Faces Rejection From Its Resistance Again!


Solana blockchain has landed in a narrow consolidation zone with prices failing to breach important resistance levels based on its price action. In the current crypto market, real-life use cases of smart contracts are increasing in DeFi and dApps, with the majority using ETH’s smart contracts....

Bitcoin Cash Fails to Consolidate at 50 EMA; Can BCH Price Recover?


Bitcoin Cash is nothing but an evolved version of Bitcoin with increased transaction speed and relatively lesser transaction costs. A hard fork in Bitcoin led to an enhanced block size enabling BCH to accommodate high transactions with the possibility of micro-fees and privacy. By no means is BCH...

Litecoin Stucks at the Consolidation Zone; Can LTC Recover?


Litecoin currently ranks at the #20 position amongst the cryptocurrency leaders, with a market capitalization of $4,007,975,537 based on its circulation volume of 70,795,593.78 LTC tokens. Still, 16% of LTC tokens remain out of the circulation market. Litecoin was pronounced a brother to Bitcoin...

Stellar (XLM) Shows Reluctance to Scale Towards Its Resistance!


XLM is the native token of Stellar Lumens, an open-source, decentralized payment network that aims to build a fast and efficient payments system that can create dominance in the market. The primary advantage of Stellar is its use of XLM tokens as a transaction fee, which is kept minimum...

Chiliz Continues to Rise; Can CHZ Sustain the Recovery?


The most significant development helping to boost the outlook for digital asset sporting project Chiliz in 2022 is the launch of the Scoville testnet for Chiliz Chain 2.0. Chiliz seeks to combine the advanced Web 3.0 capabilities of high-profile sporting and entertainment firms to create NFT...

Uniswap (UNI) Recovers Significantly in the Last 30 Days!


Uniswap is a decentralized trading platform using Automated Market Making techniques. The understanding of blockchains being a decentralized ecosystem also raises questions about the existence of centralized exchanges for the trade of such tokens. Uniswap is a revolutionary step to curb citations...

Tezos May Show Positive Outlook If It Sustains the Current Trend!


Tezos has been a focused blockchain that is open-sourced and crafted in a method that allows it to evolve with the changing blockchain dynamics without depending on hard forks. Its growth-focused evolution with a higher dependency on Proof of Stake validation techniques will allow Tezos to advance...

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