WLD’s 3-day WLD chart shows that sellers are exhausted and prices are ready for a surge. Past analysis of other indicators points to a rise above $3. WorldCoin (WLD), the native token of the open-source digital identity platform, has shown signs that it is ready to trade at higher prices, crypto analyst Ali Martinez noted in a post on X (formerly Twitter). According to Martinez, the Tom DeMarc (TD) Sequential flashed a buy signal on the 3-day chart of WLD. The TD Sequential is a technical analysis tool that identifies the exact period of trend exhaustion. This is done by…
Author: Crypto Flexs
Read More
WLD’s 3-day WLD chart shows that sellers are exhausted and prices are ready for a surge. Past analysis of other indicators points to a rally of $3 or more. WorldCoin (WLD), the native token of the open-source digital identity platform, has shown signs that it is ready to trade at higher prices, crypto analyst Ali Martinez noted in a post on X (formerly Twitter). According to Martinez, the Tom DeMarc (TD) Sequential flashed a buy signal on WLD’s 3-day chart. TD Sequential is a technical analysis tool that identifies precise periods of trend exhaustion. This is done by looking at…
Bitcoin (BTC) is in the thick of things as it heads into the June close, holding on to the crucial $60,000 support level while posting monthly losses. Unfortunately for investors in the bull market, BTC/USD may be headed for even more rough waters with a series of bearish indicators pointing to increased selling pressure in July.Mt. Gox Unlocks $9 Billion in BitcoinOne of the most significant declines in the cryptocurrency markets in June was related to the long-awaited Mt. Gox redemption. Mt., once the largest Bitcoin exchange. Gox plans to repay creditors 140,000 BTC, worth about $9 billion, starting in…
Identifying fake liquidity in Bitcoin (BTC) and cryptocurrencies is essential for traders who do not want to be surprised by sudden drops in low volume. These make it virtually impossible to implement stop losses and usually lead to unexpected results. By analyzing how market makers are organized, their order book mechanisms, and some practical indicators that can detect artificial volume, traders can spot potential red flags and avoid unwanted results.Market Maker Dynamics and Order Book MechanismsMarket makers play a pivotal role in the cryptocurrency markets by providing liquidity through various buy and sell orders. However, their activities are not always…
The IOTA Foundation unveiled its latest grant, allocating $2.89 million to 26 out of 99 applications, according to the IOTA Foundation blog. This funding round highlights the foundation’s commitment to fostering innovation across a variety of sectors, including: Decentralized Finance (DeFi), NFT Marketplace and SocialFi. Grant recipients and their contributions Among the major winners Iorend Stands out in the lending sector. ioLend is a pioneering DeFi platform focused on optimizing lending and liquidity. Users can maximize their returns through a variety of strategies, featuring yield-generating collateral and advanced risk management methodologies. The platform supports a…
Bitcoin (BTC) fell below $60,000 this week, but the lower levels have attracted buyers who are looking to start a recovery. Bitcoin is stuck in a range between $56,552 and $73,777, indicating a battle between bulls and bears. It is difficult to predict the direction of the breakout with certainty. Therefore, traders can trade within the range or wait for a breakout to occur before making a big bet.Investors are divided on the future price action of Bitcoin. Peter Thiel, former CEO of PayPal, believes that Bitcoin does not have much room to go up. Thiel told CNBC that Bitcoin…
Peter Czaban is more than just a “Web3 Foundation guy.” In fact, he has worked on a number of ambitious projects throughout his career and was instrumental in launching the multichain network now known as Polkadot (DOT). Unfortunately, Peter’s contributions to Polkadot and Ethereum are often overlooked in the cryptocurrency media, as they really gained traction with the founding of the Web3 Foundation. Today we take a closer look at Peter Chavan’s life. We’ll find out how he got into the world of cryptocurrencies and what led him to become a co-developer of a huge company like Polkadot Network. Who…
Bitcoin BTC +1.25% ‘s reputation is almost synonymous with volatility, at least in the mainstream. But the once wild cryptocurrency weekends may be a thing of the past. In 2024, weekend trading volumes fell to the lowest levels in Bitcoin history.A new report from cryptocurrency research firm Kaiko shows that up to 28% of Bitcoin trading volume took place on weekends in 2019, compared to just 16% last year. The report identifies several factors contributing to the decline, including the launch of a spot Bitcoin ETF. Although cryptocurrency markets are available globally at any time, ETF trading only takes place…
Futureverse and Animoca Brands have announced a strategic partnership aimed at advancing the capabilities of Futureverse’s metaverse technology stack and expanding its token ecosystem. According to Animoca Brands, the collaboration will leverage Animoca Brands’ extensive portfolio of blockchain-based products to enhance Futureverse’s offerings and capabilities. Strategic Partnership Details Under the terms of the Memorandum of Understanding (MoU), the partnership involves a $5 million share swap. Animoca Brands will acquire Futureverse shares at a valuation of $754 million for the entire issued share capital of Futureverse. At the same time, Futureverse will acquire the shares of…
An analyst who has been steadily gaining popularity for his sound cryptocurrency market predictions believes that the stage is set for a major rise for altcoins. TechDev, a pseudonymous analyst, told his 461,900 followers on social media platform X that he was looking at a two-week chart of OTHERS, which tracks the market cap of all cryptocurrencies except the top 10 digital assets and stablecoins. According to analysts, OTHERS appears to reflect the setup of 2017, right before the altcoin market witnessed a parabolic surge. “Accumulate –> Markup –> Expand… None of the bearish ideas I’ve seen have been backtested…