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LUNA Surges 20% Amid Rise In Terra Staking And DeFi

LUNA surges 20% amid the rise of staking on Terra and the popularity of DEFI and now the crypto network attracts more DEFI users than ever so let’s read more today in our latest altcoin news today. LUNA surges 20% over the past 24-hours with the crypto network attracting more DEFI users than ever. The […]

QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control

QTUM Technical Analysis

The QTUM price have not played yet a negative role for investors outside the global growth channel. On the weekly timeframe, you can see a significant slowdown in the downward trend for 2 months. Buyers manage to keep the range of $5.5 and this is the main signal for the readiness to form a new growth wave. Starting with the weekly candle of 14 February, buyers have been trying to regain control of the global trend line of the growth channel. On the chart we see that this attempt ended with the closing of the weekly candle below the opening price and with the pin-down. However, such a signal of buyers’ weakness did not provoke sellers to form a new fall wave. Although each subsequent weekly candle closed below the opening price, but at low volumes. Volatility has dropped significantly and during the $5.5 range test, buyers have not experienced significant aggression from sellers. https://www.tradingview.com/x/UY9APeN0/ Therefore, at the moment the continuation of the fall wave is impossible due to insufficient forces of sellers. The main scenario at the moment is the beginning of QTUM price growth with the first target of $8.5. This is where the previous attempt of buyers to launch a medium-term counterattack stopped. The final target at the moment is the $11 mark range. It is from this price point that there is a great risk of starting a new fall wave of QTUM with the main target of $3.6. Technical Analysis Of QTUM On The Daily Timeframe https://www.tradingview.com/x/URvNSJKm/ Analyzing the price movement of QTUM on the daily timeframe, we see that after 24 February, trading volumes fell. We can assume that the set of buyers’ position to form a new growth wave is coming to an end. On the daily chart, we noted the main level, the position and liquidity zone are still gaining ground, where false breakdowns are allowed. Starting from 7 December 2021, sellers have been keeping the initiative in the QTUM market with a red trend line. But, their aggression dropped significantly. On 9 March, buyers began a local growth wave, the main target of which is $7. In this note, it will become clear how much power sellers have left to feed the consolidation in the QTUM market. Thus, while the $5.5 mark is under the control of buyers, we expect the QTUM price to increase in March. The QTUMBTC Price Calls Into Question The Positive In The Market https://www.tradingview.com/x/la9AANAN/ If in the pair to USDT the QTUM price looks encouraging for investors, then in the case of the pair QTUMBTC the opposite is true. Since December 2021, QTUMBTC trading volumes have fallen significantly. Now the QTUMBTC price is falling on a weekly timeframe at such low volumes that it becomes scary for the attractiveness of this cryptocurrency. Thus, the important liquidity volume of 0.00016 is no longer under the control of buyers. One thing is gratifying – that this price fall is very slow and with one weekly candle buyers can completely correct the situation. Therefore, while the price is below the mark of 0.00016 investing in the QTUM cryptocurrency is quite dangerous. And if you have made such a decision – be prepared to buy QTUMBTC at lower liquidity levels to form an attractive average investment price.

The post QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control appeared first on Cryptoknowmics-Crypto News and Media Platform.

U.S. Intensifies Digital Dollar Study As President Biden Set To Sign Crypto Executive Order

The U.S. has been strategically planning its Digital Dollar or central bank digital currency (CBDC) since last year. After the Federal Reserve issued a paper on CBDC in January end, President Joe Biden is expected to sign an executive order this week on crypto regulations and intensify the efforts regarding its digital currency. Under the

The post U.S. Intensifies Digital Dollar Study As President Biden Set To Sign Crypto Executive Order appeared first on CoinGape.

Selling Pressure Mounts for Ethereum! ETH Price Might See More Downside In Coming Days !

ethereum

The post Selling Pressure Mounts for Ethereum! ETH Price Might See More Downside In Coming Days ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Today’s cryptocurrency values were uneven, with Bitcoin remaining below the $39,000 mark. It remained practically unchanged at $38,279, down 0.2 percent. Ethereum has also dropped over 4% to $2,520. Dogecoin, on the other hand, has dropped 2% to $0.11, while Shiba Inu has down more than 2% to $0.000023.  At the time of writing, ETH …

The Declaration Of Monetary Independence Will Be At Bitcoin 2022

Look for the physical form of #DoMI at the Bitcoin Conference happening April sixth through the ninth in Miami Beach!

3 reasons why Bitcoin can rally back to $60K despite erasing last week’s gains

Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000.

What DAOs Can Do: $6.75M in Ethereum for Ukraine

Crypto donations for Ukraine have included funds from DAOs and NFT sales, showing how effectively the Web3 community can mobilize around a cause.

Bitcoin Is Suddenly Spiking as Conflict in Ukraine Rises

Bitcoin has surged. The world’s number one digital currency by market cap is once again trading above the $40,000 mark, meaning the Russian invasion of Ukraine may be having sudden opposite effects. Ukraine Invasion May Have Aided BTC Over the past week, the world watched in horror as Russia invaded its neighbor Ukraine. The price...

The post Bitcoin Is Suddenly Spiking as Conflict in Ukraine Rises appeared first on Live Bitcoin News.

Bitcoin’s Mining Difficulty Corrects for the First Time This Year

Bitcoin’s Mining Difficulty Corrects for the First Time This YearThe mining difficulty of Bitcoin has lowered for the first time this year. The -1.49% adjustment breaks away from Bitcoin’s ...

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Both Sides in Russia-Ukraine War Heavily Using Telegram for Disinformation and Hacktivism

Cyber criminals and hacktivist groups are increasingly using the Telegram messaging app for their activities, as the Russia-Ukraine conflict enters its eighth day. A new analysis by Israeli cybersecurity company Check Point Research has found that "user volume grew a hundred folds daily on Telegram related groups, peaking at 200,000 per group." Prominent among the groups are anti-Russian cyber

WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token

WadzPay Token, an ecosystem with smart contract-based fund disbursement methodology, has gained 36% in…

The post WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token appeared first on Coin Journal.

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