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Ethereum Classic – This may be the answer to the question ‘To HODL or sell’

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum Classic (ETC) continued its retracement until its 11-month support around the $24-zone. Since then, the bulls have initiated a steady recovery on the charts. Now, with the 20 EMA and the Point of Control (POC, red) posing as impediments for the bulls, ETC seemed to be looking ahead to a squeeze phase before making a trend-committing move. The $26-support is...

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MANA Price Prediction: Symmetrical Triangle Pattern Breakdown Threatens 15% Fall; Should You Sell Now?

A bearish breakdown from the ascending trendline indicates the continuation pattern has resulted in favor of MANA sellers. In addition, the retest phase validated the prior support trendline has flipped to resistance. Can traders sustain the bearish momentum to reach the January bottom support($2)? 

Key points:

The MANA chart shows a post-retest bearish trend continuation  The MANA buyers trying to reclaim the 200-day MA  The 24-hour trading volume in the Decentraland token is $408 Million, indicating a 34.5% gain.  Source-Tradingview On March 6th, the Decentraland(MANA)...

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Is Spring here? What weighted sentiments say about Bitcoin, BNB, XRP, Polkadot

As winter moves into spring, will the longer days and blooming flowers perhaps wield a positive influence on investor sentiment? Here’s what the data had to say.

If winter comes, can spring be far behind?

Early on 13 March, Santiment released data to show what investor moods were saying about price expectations. Weighted sentiment for Bitcoin [BTC], BNB, and XRP were all positive, but still lower than 0.1. Even so, Santiment theorized that this was a signal that traders had bullish...

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Will Immutable X’s 58% rally save its new found investors from losses

In a surprising turn of events, Immutable X was seen charting gains in an unfavorable market. The ecosystem developments coming from the Layer-2 scalability protocol for NFTs on Ethereum certainly have had a hand in its growth.

Immutable X over the week

On 7 March, the L2 protocol announced their $200 million Series C Funding which placed the overall valuation of Immutable X at $2.5 billion. Since then, its token IMX has made its investors considerably happier. IMX’s arrival came at a...

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These are the areas that will present heavy selling pressure for Chainlink

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Chainlink bulls were hopeful in early February that $15.3 was defended and a longer-term rally might have been initiated. However, their hopes were dashed when the $18 resistance zone simply did not budge. The wider market sentiment has also not been particularly bullish. Quite the opposite, it has been fearful on the longer timeframes. Like many other altcoins, Chainlink was...

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Cardano Price Prediction: Falling Wedge Breakout Could Lead ADA Price To $1?

The Cardano (ADA) price is trapped within a falling wedge pattern for almost two months. The coin price is close to the pattern’s apex and is poised to give a breakout. The winning party of this tug-of-war will lead the next rally in ADA price.

Key points: 

The daily-RSI chart shows a bullish divergence ADA price approaching the wedge pattern’s apex The intraday trading volume in the ADA coin is $613.70 Million, indicating a 31.6% loss Source- Tradingview On March 1st, the Cardano(ADA) price retested the...

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Risk-averse investors should do this before taking positions in MATIC

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The longer-term outlook for Polygon on the charts was not positive. This was something that was common across the altcoin market- only a handful of coins have a bullish outlook on longer timeframes. Away from the charts as well, Polygon has seen trouble in recent hours. The previous day brought with it news that a bug had caused the Polygon...

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DOT Price Prediction: Face Upside Risk Of 22% From Current Levels; Is Time To Buy?

DOT price edges higher with significant gains on Saturday. The price opened higher and recovered quickly to test the session’s high at $18.69. However, trading volume is supportive of the current price action with more than 10% gains. DOT price extends the previous session gains on Saturday. More gains if gives closes above 50-day EMA at $19.42. The price might shoot toward the ultimate target of $22.0. As of press time, DOT/USD is trading at $18.58, with 4.85% for the day.

DOT continues to...

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EU To Vote Over Crypto POW-Ban On Monday

The Bill allowing European Parliament to ban cryptocurrencies using the proof-of-work (PoW) mining, including Bitcoin (BTC) has made its way back into the draft. As per latest reports, the EU parliament will vote over it on Monday. Earlier, the bill was removed from the Markets in Crypto Assets (MiCA) proposal facing backlash from the crypto community.

EU will vote on 2 POW-Ban bills

Patrick Hansen, Head of Strategy and Growth at Unstoppable Finance, dropped some important updates regarding the addition of...

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The much anticipated Ethereum merge with the Beacon chain might occur in…

One of the world’s biggest blockchains Ethereum is testing a new way to approve transactions. It will be merging the existing Ethereum mainnet with the Beacon chain of the Ethereum 2.0 system. It is scheduled for launch in the second quarter of 2022. However, an exact date has not been disclosed.

Logical month for the merge

It is anticipated that post some re-shuffling, ‘Eth2’ or now called ‘consensus layer’ might finally have a fixed date for the launch. One Reddit member (u/superphiz)...

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