Analysis Crypto News Ethereum

Ethereum falls by over 30% in less than a week – What next?

ethereum-falls-by-over-30%-in-less-than-a-week-–-what-next?

Like most major coins in the market, Ethereum has seen a massive sell-off over the last week or so. The coin is down about 30%, and as sentiment in the market takes a risk-averse approach, this decline is far from over. So, where does ETH go from here? More analysis later in the post but… More

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Bitcoin Crypto News

Bitcoin Stable Near $30,000 But The Bearish Leg Is Far From Over

Bitcoin has been getting stable at its crucial support level of $30,000. For over a week now, Bitcoin has been trading near its immediate support level. Over the last week, the coin lost close to 6% of its value and in the last 24 hours, BTC fell by 3%. The past week has been extremely choppy for Bitcoin and also for the altcoin due to continued market weakness. The coin had plunged to a low of $25,000, BTC had last traded about that price level in December 2020. Bitcoin has recovered by $5000, however, a chance of a further downslide cannot be ruled out.  The technical of the coin pointed towards continued selling pressure in the market. Bitcoin Price Analysis: One Day Chart Bitcoin was priced at $29,100 at the time of writing after the coin was rejected from the $31,000 price level. Immediate resistance for the coin stood at $25,000. A fall beneath the same will send the coin straight to $19,000. On the flip side, if the bulls send a temporary relief then the coin will target moving above the $30,000 price level and trade close to the $31,000 resistance mark. The volume of Bitcoin traded was seen in the red which indicated bearishness on the one day chart. Technical Analysis Bitcoin might have been able to show signs of stability on the chart but further signs show that the coin can soon plummet again. King coin was trading underneath the 20-SMA line which meant that sellers were dominating the price momentum in the market. Support from the buyers can push the coin above the immediate resistance of $30,000. The support from buyers seems like an unlikely situation considering how the coin has formed a bearish flag (yellow). A bearish flag indicates further push from the bears and this could cause the coin to trade below the $20,000 support mark. The coin hadn’t touched the $20,000 price level in over a year now. The Relative Strength Index was below the half-line which indicated that sellers are still in charge as shown by the SMA lines. Related Reading | Bitcoin Bearish Signal: Whales Ramp Up Dumping Bitcoin’s bearish flag reflected how the coin continued to fall on the chart after the pattern was formed. The bulls have tired out from the constant battle with sellers. In accordance with the same reading, Awesome Oscillator flashed bearishness. The indicator dictates the price momentum of the market and red histograms underneath the half-line meant a sell signal for the coin. If sellers continue to act on it, $20,000 can soon be on the charts. Chaikin Money Flow is responsible for depicting capital inflows and outflows. The indicator was below the half line because capital outflows were still dominant at press time. Related Reading | TA: Bitcoin Eyes Fresh Increase But This Level Is The Key

Analysis Crypto News Ethereum

Ethereum (ETH) could reclaim $2500 as momentum indicators remain positive

ethereum-(eth)-could-reclaim-$2500-as-momentum-indicators-remain-positive

Ethereum (ETH) has been recovering over the last few days after tanking to its lowest level in months. The coin is however poised for a bigger bounce based on momentum indicators. But it still faces major upward resistance and downside risk. Here are some important facts: ETH reclaimed $2000 after facing a major sell-off this… More

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Crypto News

Allocation of IDO Drunk Robots Is Only $5000: How to Get More with Unique Passes?

Get ready to be part of the neo-punk city of Los Machines and crush your enemies with your steel fists in the NFT-game “Drunk Robots” on April 7th on Liquidifty, GameFi, and TrustPad. IDO “Drunk Robots” will launch in a few days at three platforms at once. It won’t be long before you enter the futuristic neo-punk world of Los Machines, a futuristic city overrun by drunken robots looking to hoard metal. This is fun, high-octane brawler should shake up the Play-to-Earn market, and now you have a chance to get some $METAL tokens and throw your hat into the ring along with amazing and famous project investors such as Animoca Brands, Merit Circle, Gate.io, Zb.com and founder 1Inch! Now let’s find out the terms of participating in IDO of “Drunk Robots” on GameFi, TrustPad and Liquidifty platforms: On the GameFi: Minimum Investment in Launchpad tokens to get an access to IDO Lottery: $889 Minimum Investment in Launchpad tokens to get an access for Guaranteed allocation: $133,350 Total number of METAL allocated: 15,000,000 KYC: Required How to participate On the TrustPad: Minimum Investment in Launchpad tokens to get an access to Lottery: $1590 Minimum Investment in Launchpad tokens to get an access for Guaranteed allocation: $7950 Total number of METAL allocated: 5,000,000 KYC: No How to participate On the Liquidifty: Minimum Investment in Launchpad tokens to get an access to IDO: $600 Minimum Investment in Launchpad tokens to get a guaranteed allocation: $2000 Total number of METAL allocated: 5,000,000 KYC: No How to participate To compare the potential of “Drunk Robots”, let’s look at the initial price of tokens and further growth in the capitalization of other projects. For example, the Bombcrypto project token was originally $0.60, but eventually grew 60!!! times and reached a market capitalization of $11,730,000! Or another example of Mobox, which started out at $29 but ended up growing by 2900! Now the capitalization of the Mobox token has reached $566,950,000. And there is every chance that IDO “Drunk Robots” will be just as successful. Other examples of the space growth of projects similar to Drunk Robots can be seen in the table. The maximum allocation that you can get on platforms is not big enough for that incredible project. “Drunk Robots” have already partnered with Animoca, and this is a clear signal that the project can raise at least 30x! Before that, NFT-collection of “Rebel Bots” also partnered with Animoca and after the announcement, their token rose from $0.2 to $2! “Drunk Robots” has even more potential for growth through collaborations with Animoca, Polygon ZB.com and Binance Smart Chain. And the Liquidifty platform offers some kind of a “life hack” for users on how to participate in the IDO “Drunk Robots” with a larger amount and to get cosmic profit later. On the Liquidifty platform, you have the opportunity to buy one of the three passes to receive an allocation: Gas, Liquid and Solid passes. This feature is available only for platform users and it gets the pass to all IDOs on Liquidifty. Given the current number of users and passes, each Solid Pass holder participating in IDO will guarantee to receive a $5,000 allocation! This is a hundred times more than on other platforms and without additional requirements, such as contests or lotteries. It’s a great opportunity to increase allocation and get additional perks like valuable NFTs and access to all Liquidifty IDOs. The “Drunk Robots” IDO is just a few days away, so don’t waste your time and buy Liquidifty passes to be able to get more allocation on the launching IDO. In addition, Liquidifty conducts new events, drops, and contests related to the passes. Last week they did a raffle for solid pass holders with a transparent system from the beginning of the draw to the selection of the winner and the transfer of the prize amount. And the winner got $2000 in my eyes! They make a lot of events and announce them on their telegram channel. Public round allocation: 25,000,000 $METAL IDO and Listing price: $0.01 FDV on Listing: $27.5M TGE MarketCap with liquidity provided: 18,750.000 $METAL/$187,500 TGE MarketCap without liquidity: 5,000,000 $METAL/ $50,000 Vesting schedule for public round: 10% TGE, 15% monthly