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In our weekly chart, we expected an up move and as marked out above the last red resistance area by the white circle the price was sold off and pulled back. When the price come down significantly, the price again came back to the support zone, which another good entry point. If the price goes below $55.18, the price will begin a fast rising up movement.
In the analysis last week, we pointed out that if the price were to go above the resistance zone, it would trend towards the final resistance level. In the subsequent weeks and months, the market has shown a large drawdown and another opportunity to go long has emerged. By today’s market standards, each dip should be considered an opportunity to enter and hold a position for a very long time. If this level of 0.7226 is broken, t
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Roilan Mandar, commonly known as Azraiel, has excited social miners worldwide by taking up the position of the new Marketing Manager at #DAOLabs . For the last two years, Azraiel has been hardworking, teamwork-oriented, and committed to DAO Labs' core mission. If there is an inspiring story about the power of #SocialMining , his is one of them. When Azraiel first began with Call Center as a Social Miner while still holding a corporate 9 to 5 job, he learned quickly that Social Mining could allow
As talked about in our previous review, each reversal pattern is a purchase signal. Although it is going up gradually and persistently, POL is approaching its ATH in a way that can be considered determined. Based on the analysis of the ATH, after the price has been repeated, it will go back to increasing at a higher rate.
The previous week's analysis noted that the price exited a resistance zone and embarked on a nice upward move. Although the price has risen by 25% this week, it has now moved into a minor bear zone. The next critical area is between $7.285 and $7.751 critical. If the price breaks through this zone it will open the path to a brand new ATH. As such, before it sets a new ATH, this adjustment is caused by negative news that keeps the a
As we pointed out in our prior review, there was upward momentum and a reversal zone. This week, the close touched a highly resistive level of $50.77. In general, if AVAX continues to remain bullish and surpass this level, we can also expect sharp upward movement in the immediate term. On the flip side, the pullback zone on the lower side could be approximately $39, and therefore, this is the ideal place to accumulate se
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The hesitance that people experience about Web3 is essentially rooted in the same feeling of losing their money. Explaining how many of such challenges can be turned into a journey of development, Babatunde Ogunoye – the tax official from Ondo State, Nigeria – has proved that creativity and determination are the keys to success. He was initially concerned about the risks of blockchain, but in 2022, due to the #SocialMining project created by #DAOLabs , Babatunde saw a new opportunity. He lost mo
This week was a breakthrough for data centres and their further development, as an advanced underground gigabit fibreoptic was laid down. The new infrastructure is designed to interconnect all major Internet Service Providers in Romania while providing users with dedicated bandwidth and fast internet connection. In this setup, there is a modern Dark Fiber connection that is considered one of its strengths. This technology focuses on the ultra-high capacity data transit
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@AITECH is arousing interest as it rises among the list of the most popular tokens, having increased by 20.61% in one day. This token’s trading volume has also grown to $7.29M, making it quite popular within the cryptocurrency community and on Crypto.com. If the numbers are not impressive enough to convince you, #AITECH ’s trajectory represents the force that diverse communities in the blockchain sub-sector possess. We can identify the essence of #SocialMining in this case, as the main driving f
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#Telegram Stars: Interactive communication in the digital world is evolving as a new tool called Telegram Stars is changing the way users, creators, and developers interact in the world of $TON blockchain. This in-app payment solution makes transactions easier, includes reward programs, and strengthens user interactions, which makes it a transition from traditional applications to decentralized systems. First and foremost, Telegram Stars uses the @Ton Network as the basis for microtransaction
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TON Open League: New Year Edition Drives Community and DeFi Innovation
The $TON Open League is preparing to kick off a Special New Year Edition, which will outline the results of the year in the ecosystem. Season 7 starting from November 27 to December 17 provides new possibilities for users and projects. Users can engage in the New Year Airdrop, a ranking system that considers trading and daily and weekly contributions to liquidity. Simultaneously, the DeFi League offers two team-based competitions: the Total Value Locked (TVL) Squad which showcases the rankings b
This is a true testimony of how #SocialMining can help people like one of the most active members of $KAVA Hub's Social Miner is Jonna Mae Sarabia, a 32-year-old mother from the Philippines, achieve both family and personal fulfilment. Her sister-in-law first introduced her to the concept of working from home while being a mother to her children. She was able to turn her curiosity into a meaningful journey and found out that she wanted to become a video creator. By using Social Mining, Jonna was
The price gained momentum after a rebound from the 0.02765 level, breaking through the 0.03725 resistance point, which then turned into support, and is now trading at higher levels. We observe an approximately 45% increase. From the chart, we can identify that 0.03993 is now the new resistance level. A breakout above this level, followed by a surpassing of 0.04753, will likely accelerate the upward movement.
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News from : AI and blockchain integration is set to revolutionize the world but this is where the true potential of the phenomenon lies in addressing several key issues. Both fields use data as a primary input, but the data can be of poor quality, difficult to access, and at risk of being manipulated due to data isolation. It is beneficial for AI algorithms due to the decentralised and immutable nature of blockchain to improve the quality of the data yet there are challenges in scalability and i
It is evident from the chart that the price is still at a relatively low level. Upon surpassing the red resistance zone at 5.95, the price is expected to accelerate its upward movement. Additions can be made from any level below this red zone.
This analysis does not constitute investment advice. We recommend that you conduct your own research.