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Nalezeno "Price analysis": 6230

Cardano maintains a positive stance with 52% gains this month!

27.1.2023
Cardano is a blockchain platform for developing decentralized applications and smart contracts. It is based on a proof-of-stake consensus mechanism called Ouroboros, which aims to be more energy efficient than traditional Proof-of-Work mechanisms. Cardano also uses a unique multi-layer...

Polygon (MATIC) crosses $1: what is the next target?

27.1.2023
Polygon is a layer-two scaling solution that runs alongside Ethereum blockchain. Last month Polygon provided a good return to its investors, but overall, MATIC’s price has been under a downtrend.  At the time of writing this analysis, MATIC/USD is trading around $1.1, suggesting a resistance...

Aptos sustains bullish sentiment; Is APT worth the hype?

27.1.2023
Aptos is layer one blockchain technology that relies on the Move programming language, increasing blockchain networks’ scalability, reliability, security, and overall performance.  The mainnet, ‘Aptos Autumn,’ launched in October 2022. The high-level security features and parallel execution...

Polygon (MATIC) falls after a second failed breakout attempt!

25.1.2023
MATIC Network is a Layer 2 scaling solution that uses an adapted version of Plasma with PoS-based sidechains. It aims to provide faster and cheaper transactions for decentralized applications by using its token, the Polygon token (MATIC), as collateral for security. The tokenomics of Polygon...

Ethereum Classic (ETC) begins consolidation after the short uptrend!

25.1.2023
As a decentralized cryptocurrency, Ethereum Classic (ETC) operates on a decentralized blockchain network, and its tokenomics are designed to incentivize users to participate in the network and secure it. ETC is mined through a Proof-of-Work consensus mechanism, where miners compete to solve...

XRP is bullish: Will it finally recover its losses in 2023?

25.1.2023
XRP is an altcoin that did not perform well in the last few years because of its lawsuit against the SEC, but the case will be resolved in the first half of 2023, and crypto enthusiasts are optimistic about Ripple’s journey in the next few years.  At the time of writing this post, XRP was …

Bitcoin (BTC) begins an uptrend from the 200 EMA mark!

24.1.2023
The tokenomics of Bitcoin is designed to control the tokens’ supply, creation, and distribution. The mining process ensures that the number of Bitcoin in circulation is capped at 21 million, making it scarce and valuable. The reward for mining is halved every 210,000 blocks, which is roughly...

Filecoin registers bullishness as 100 EMA turns into support!

24.1.2023
Filecoin is a decentralized storage network that utilizes a crypto-token called FIL. The network allows users to rent out their spare storage space to others while also allowing users to purchase storage space from other users. The network is built on top of the Interplanetary File System (IPFS)...

Ethereum continues the uptrend: Is it an open road for $2K?

23.1.2023
Ethereum is the leading cryptocurrency in the industry, and it became even more popular after the Merge upgrade in 2022. Ethereum is a sustainable and eco-friendly cryptocurrency. That is why many investors are curious about the future potential of ETH. At the time of writing this post, ETH...

Chainlink (LINK) fails to kick off a breakout repeatedly!

20.1.2023
Chainlink (LINK) is a digital asset used to pay for services on the network. This network allows smart contracts on blockchain platforms like Ethereum to access external data and off-chain resources securely. One key feature of Chainlink is its use of a decentralized network of oracles responsible...

XRP faces tough resistance as prices consolidate below $0.40!

20.1.2023
Ripple (XRP) is a digital asset and blockchain platform that is designed for use in the global financial system. The tokenomics of XRP centers around its use as a means of facilitating cross-border payments and providing liquidity for financial institutions. One key feature of XRP is its capability...

Will Solana (SOL) hit the $50 mark in 2023 beginning?

20.1.2023
Solana is a leading cryptocurrency in the industry, and it will regain the pre-FTX level within a few months. At the time of writing this post, SOL was trading around $21.55, forming a short correction on the upper Bollinger Bands that may come to the level of $17. It would be an ideal time...

Cronos registers resistance at 100 EMA: CRO uptrend halts!

18.1.2023
CRO (Cronos Coin) is a cryptocurrency used on the Crypto.com platform. It is an ERC-20 token built on the Ethereum blockchain. CRO is used as an exchange medium on the platform, including a cryptocurrency wallet, debit card, and trading services. CRO is even used as collateral for borrowing other...

Solana (SOL) consolidates as confusion mounts on the price!

18.1.2023
Solana is a high-performance blockchain platform that can handle high transaction throughput. The Brave browser is a web browser that is built on the Chromium open-source project, and it incorporates a built-in ad-blocker, privacy features, and a rewards system for users who view ads. Brave...

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