Category Archives: Altcoin
Altcoin Psycho, a famous name in the crypto space, is trending on twitter – News Live
His trading expertise over the crypto space has earned him a commendable position in the industry today.
Crypto-mania is gaining popularity across the globe, with many investors stepping into this zone as its potential has been realized on a global scale. This ever-rising trend has introduced many industry experts who have mastered the art of crypto trading and are spreading their knowledge or the benefit of those who want to take up this opportunity. Altcoin Psycho is one such expert who has grasped the art of crypto trading and is today known to use the most profitable strategies backed by automated technology to trade in cryptocurrencies.
Altcoin Psycho has been around the scene since 2013, doing extremely well on popular social media platform Twitter. He says that he has always been passionate about digital currencies ever since it debuted and has been a keen observer of this space, having gained enough knowledge about crypto trading with time. He occupies the position of an advisor at Sino Global Capital, which is a network that helps portfolio companies to enter one of the most distinctive but essential markets in the blockchain sphere in Asia.
The popular trader began his rise to popularity after correctly predicting the exact bottom of the previous bear market in 2019:
Furthermore, he is the mind behind the creation of PsychoBot, which is a fully automated price action trend bot. The bot made big splashes in the automated trading scene after claiming the #1 spot on the trading bot PnLleaderboard, making it the most profitable bot in the scene. The bot works on a breakout strategy and uses high time frames like the 1D and 3D for trend confirmation.
The bot is no longer for sale as he switches focuses from retail algorithms to institutional algorithms. The crypto analyst has more than 16,000 subscribers on YouTube, and he is also trending on Twitter with over 420K follower
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Altcoin Psycho, a famous name in the crypto space, is trending on twitter - News Live
The Altcoin Special: Make Millions Investing in Altcoins this March – EconoTimes
Litecoin (LTC), Chainlink (LINK), and Seesaw Protocol (SSW)
Fact Altcoins have and still keep creating millionaires globally.
Fact - the market is unpredictable; yet, mining and investing in Litecoin (LTC), Chainlink (LINK), and Seesaw Protocol (SSW), whether as a single miner or as part of a mining pool, may be a very rewarding endeavour.
Fact Investing this March, while the cryptocurrency market is heading to its biggest boom yet (predicted to reach $3 trillion in value) could lead to big profits.
Fact Anyone with a smart device (iPhone or Android) and an internet connection can join the metaverse and start earning from today.
SSW ad
Seesaw Protocol (SSW) News
Smart, rapid, next-generation, and low-cost, Seesaw Protocol (SSW) is becoming more popular every day.
The numbers speak for themselves;
SSW started at $0.005. The present price is $0.140. The expected price is $0.50 (obtainable by April). Since January the rapid expansion and growth have led the democratic network to increase by more than 2,000 percent. With a projected growth still to be reached of +7300%.
Seesaw Protocol is in the second pre-sale round, with plenty of profit still to be gained. SSW presents its members and holders with additional perks and profit opportunities through clever incentive and referral programs (of fee sharing and passive gains).
Other altcoins (like Filecoin) have shown that presales can be highly profitable enterprises to enter as the price is lower, however, the benefits are bigger before a token's launch on the markets.
SSW has all the necessary figures to make you rich, with analysts predicting a 7000 percent growth in the following month and with a +141% growth in only one month, +6 in seven days, Seesaw Protocol should definitely hold a place in your crypto-wallet.
Litecoin (LTC) News
The "Lite version of Bitcoin."
Litecoin (LTC) is a cryptocurrency built upon the Bitcoin (BTC) blockchain (the most prominent name in crypto). It was launched in September 2011 by entrepreneur Charlie Lee, who is widely regarded as one of the most outstanding figures in the cryptocurrency sector. Since then, it has seen an increase in both usage and merchant acceptance, and it has continuously ranked amongst the 10 leading altcoins in terms of market value (7,696,698,346 USD).
Litecoin (LTC) is a virtual currency that uses blockchain technology to enable fast, reliable, and low-cost payments to be made between users.
In the present market, LTC is selling at 110 USD and is up +4.89% in 7 days of trade.
Chainlink (LINK) News
As a way to connect different blockchains for smart contracts, Chainlink was created in 2017. To securely connect blockchains to external market data, events, and payment mechanisms, Chainlink has built a decentralised database network called the Oracle Network (ON). This means that complicated smart contracts will become the main type of digital agreement.
In order to run the Chainlink Network, people share information, data and run nodes, construct smart contracts, and check for security vulnerabilities.
In a recent report, Bank of America said Chainlink could speed up the use of next-generation blockchains in finance, insurance, supply chain, gaming, and gambling.
Presently traded at $14.91 per LTC, up 11% for the week.
Enter Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
This article does not necessarily reflect the opinions of the editors or management of EconoTimes
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The Altcoin Special: Make Millions Investing in Altcoins this March - EconoTimes
Is the altcoin market more powerful than Bitcoin (BTC)? – FXStreet
Bulls mayhave seized the initiative today as almost all coins are trading in the green zone.
Top coins by CoinMarketCap
Bitcoin (BTC) has shownsignificant growth over the last 24 hours, rising by almost 5%.
BTC/USD chart by TradingView
However, the main crypto remains trading in the range, gathering energy for afurther move. Today's rise has been supported byhigh volumes, which means that buyers are ready to hold the rate above the vital $40,000. If they can do that, there is a chance to see the growth to the resistance level at $45,400. But it maytake a few weeks for this scenario to come true.
Bitcoin is trading at $40,528 at press time.
Ethereum (ETH) has even outperformed Bitcoin (BTC), rocketing by 5.58% since yesterday.
ETH/USD chart by TradingView
Despite the sharp growth, Ethereum (ETH) has not accumulated enough energy for agrowth or decline. From another point of view, the buying volume is going up, which implies aslight advantageof bulls over bears. If buyers can hold the rate of ETH above the zone of the most liquidity at $2,650, there is a possibility to see arise to the $3,000 mark.
Ethereum is trading at $2,684 at press time.
Cardano (ADA) is not an exception tothe rule, rising by 2.46%.
ADA/USD chart by Trading View
Analyzing the daily time frame, the price is located closer to the support level than to the resistance, which means that bears remain more powerful than bulls in the mid-term. From another point of view, the buying trading volume has increased, confirmingbulls' power.
If the rate can hold above $0.80, one can expectslow growth to the zone around $0.90 until the end of the week.
ADA is trading at $0.821 at press time.
Binance Coin (BNB) has gained morethan Cardano (ADA) as the growth of the native exchange coin has made up 3.11%.
BNB/USD chart by TradingView
Binance Coin (BNB) has bounced off the zone of the most liquidity at $370 that serves the support. Even thoughthe price is located in awide range, bulls are showing their power. If the daily candle closes in the area of $380 with no long wicks, buyers have the chanceto come back to the rate of$400 shortly.
BNB is trading at $378.7 at press time.
Avalanche (AVAX) has risen by 4.14% over the past 24 hours.
AVAX/USD chart by TradingView
Avalanche (AVAX) could not show the same performance as BNB as it is far away from its resistance level. Buyers are trying to hold the rate above the $70 mark;however, the trading volume is going down. If the bears keep their pressure, one can see the price of the altcoin around the support at $64 shortly.
AVAX is trading at $70.83 at press time.
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Is the altcoin market more powerful than Bitcoin (BTC)? - FXStreet
New Ethereum-Based Altcoin Shatters $700,000,000 Market Cap As Coinbase and Binance Announce Surprise Support – The Daily Hodl
A brand new crypto asset created by the founders of the popular Bored Ape Yacht Club (BAYC) is leaping out of the starting gate with serious momentum.
Top crypto exchanges Coinbase and Binance have both added ApeCoin (APE) to their roster of digital assets despite the altcoin being less than a day old.
The project announces in a tweet,
Introducing ApeCoin (APE), a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of Web3.
BAYC was founded by Yuga Labs and is known throughout the blockchain world for its signature ape-themed non-fungible token (NFT) artwork.
The Ethereum-based APE governance token will help facilitate the workings of ApeCoins community-run decentralized autonomous organization (DAO).
Coinbase says in a tweet that APE will be accompanied by the Experimental label, which the company applies to assets that are either new to our platform or have relatively low trading volume compared to our broader crypto marketplace.
Coinbase users can send and receive APE across the entire platform, but trading is currently limited to Coinbase Pro in the Tether (USDT) trading pair.
In the Binance listing announcement, the exchange says APE will be available to trade in the Bitcoin (BTC), Binance USD (BUSD) and USDT pairs.
ApeCoin debuted today priced at $7.40, then quickly jumped by 20% to $8.94 before correcting to its current valuation of $7.95.
Featured Image: Shutterstock/Vink Fan/Fotomay
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New Ethereum-Based Altcoin Shatters $700,000,000 Market Cap As Coinbase and Binance Announce Surprise Support - The Daily Hodl
Ethereum and This Top-25 Altcoin Are Flashing Bullish Signals, According to Crypto Analytics Firm Santiment – The Daily Hodl
A leading analytics firm says the utility of Ethereum (ETH) hasnt dipped despite its price plummet over the past few months.
Santiment notes in a new tweet that ETHs number of daily active addresses (DAA) has remained steady over the past four months despite losing approximately 35% in price over the same period.
According to the crypto analytics firm, the disparity between Ethereums DAA and price has created a bullish divergence for the leading smart contract platform.
Ethereum is trading at $2,769.18 at time of writing, up nearly 5% in the past 24 hours.
Ethereum isnt the only crypto asset flashing potentially bullish metrics. Santiment says that the decentralized oracle network Chainlink (LINK) is in an interesting token circulation pattern.
As the analytics firm explains in a recent Santiment Insights blogpost,
There were a few times when circulation increased, then dumped, and then price surged. There is a chance we are now in a similar pattern.
Santiment also notes that since January, the majority of LINK tokens have been moved at a loss, a potential bottom indicator.
LINK is trading at $14.73 at time of writing. The 24th-ranked crypto asset by market cap is up more than 6% in the past 24 hours.
Featured Image: Shutterstock/local_doctor/Natalia Siiatovskaia
Top Analyst Predicts Whats Ahead for Dogecoin (DOGE), Solana (SOL) and One Additional Altcoin – The Daily Hodl
A popular crypto trader and analyst is revealing his outlook on leading memecoin Dogecoin (DOGE), smart contract platform Solana (SOL), and another large-cap altcoin.
The pseudonymous analyst known as Altcoin Sherpa tells his 170,000 followers that hes got his eye on Dogecoin, and waiting for more downside before thinking about pulling the trigger on DOGE.
DOGE: Probably a good buy at .05 to be honest
If the analysts expectations come to be, DOGE will collapse another 54% before finding support and potentially igniting another bull run.
When it comes to Solana, Altcoin Sherpa says that hes still undecided on SOL. According to him, one last shakeout to the downside is a likely scenario, but the $80 range could act as a solid accumulation range.
SOL: Undecided if I think this is the bottom or not, short term bottom looks possible but Im still waiting for 1 potential last shakeout. I think its an ok idea to start scaling in around 80ish a little bit personally but there is no change in market structure yet.
The analyst also has his radar locked on FTT, the utility token on crypto exchange FTX. While FTT has mostly traded sideways for some time now, Altcoin Sherpa says he may reluctantly flip bullish on the altcoin given that he thinks the token is in an accumulation zone.
FTT: Hows your stablecoin feel?
Jokes aside, this 1 has held up way better than many other altcoins. I still dont like buying this thing but I have to admit its looking like accumulation.
As for Bitcoin, the analyst says hes waiting for BTC to break $34,000 to confirm a downtrend, or $46,000 to confirm a new bull run as the flagship crypto asset continues to trade in a compressed pattern.
BTC: Im not doing anything until 34k or 46k gets broken. Huge compression here, big move is incoming IMO. Wouldnt be surprised to see a scam pump up. Lower highs and higher lows currently.
Featured Image: Shutterstock/3000ad/MrArtHit
MATIC: Is it enough that its 6-month low is behind it? – AMBCrypto News
After hitting a new all-time high earlier this year, MATIC fell by 52.74% on 14 March. The alts recovery since then was supposed to be not only essential, but also sustainable. While MATICs latest uptick has been essential, questions still need to be raised about its sustainability.
Trading at $1.52, the altcoin is up from its local bottom of $1.36 A level last visited by MATIC in October 2021, six months ago. A lot of its bullishness came from the broader markets recovery, with the latter pushing the prices upwards in a stable fashion.
A similar influence is also visible on the price indicators, with the Relative Strength Index (RSI) visiting the bullish region after a month. Furthermore, the MACD has also been picturing a hike in bullishness after last weeks bullish crossover.
Now, while an uptrend is yet to emerge in earnest, it might be visible on the charts tomorrow, provided MATIC can close another green candle by then. In fact, the Parabolic SARs markers are already close to flipping their positions.
Besides, with just a 12% rally, MATIC already has the support of its investors in the Decentralized Finance (DeFi) market.
The total value locked (TVL) on the chain has risen by $400 million in the last four days, with the Curve Protocol alone bringing in about $100 million.
Polygons DeFi capabilities keep bringing more and more developers to the chain. With over 209 protocols already deployed, Polygon is the third biggest DeFi chain in terms of dApps, behind only Binance Smart Chain (340) and Ethereum (570).
The growth of dApps is likely to continue in the future, especially after TimeSwap launched its mainnet on Polygon.
Even so, Polygon and MATIC need to see more confidence from its supporters on a social level since their faith has been waning of late. In fact, this can also be backed by the altcoins dip into the negative sentiment zone.
How the altcoin manages to change these metrics might dictate whether any uptrend MATIC sees will be sustainable on the charts.
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MATIC: Is it enough that its 6-month low is behind it? - AMBCrypto News
Cardano, its whales, and what they can do to push it to $1 – AMBCrypto News
After its month-long movement under the line, Cardano is now getting back up closer towards the $1-mark. Having depreciated significantly over the last few months, ADA was trading at $0.905 at press time. Even so, optimism remains high, especially since the altcoin recovered by 12.87% over the last 4 days.
In addition to the rally, price indicators have also been flashing bullish signals. In fact, the Relative Strength Index is at its highest since January, with the MACD noting bullishness too.
Alas, for every optimistic signal, there are always others that negate the chances of a good thing happening.
During its previous rally of 28 February, when ADA was up by 12.5%, the uptrend didnt last for even a day. As soon as it was exhausted, the alts price started falling on the charts. Ergo, there are legitimate concerns that the same could happen this time too.
However, the one unique and unseen aspect of this rally is investors behavior. Fuelled by the hope of recovery, ADA holders have been very active with transaction volumes today touching $55.43 billion. At the same time, 95% of this has been movement initiated by whales Altogether accounting for $55.12 billion.
This suggests that the 3.47 million ADA holders who account for 82% of all the addresses holding between 0 1k ADA cumulatively control just 0.93% of all supply.
On the contrary, the whales who make up for 4.8% (214,000) of all addresses are responsible for the movement of almost 85% of the supply.
Put simply, this is not an investor-motivated rally. It is a rally triggered by whales, something that makes hitting $1 equally possible and uncertain.
Now, while the overall network performance is indicative of the former, the 400% rise in volatility over the last 24 hours suggests the latter.
However, one thing is for certain When ADA does make it above $1, it will face trouble at its actual resistance of $1.02. That level hasnt been tested for over a month now. In fact, it acted as a strong support level earlier in January.
So, if Cardano can close above it, then maybe well see more from retail investors than whales.
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Cardano, its whales, and what they can do to push it to $1 - AMBCrypto News
Crypto Traders Are Bullish on Bitcoin, XRP and Binance Coin But Bearish on One Large-Cap Altcoin: Santi… – The Daily Hodl
A crypto analytics firm says traders have become optimistic on Bitcoin and a pair of large-cap altcoins.
Santiment is detailing a breakdown of traders sentiment on specific large-cap crypto assets.
The companys analysis shows that starting on approximately March 10th, traders began to see upside potential for BTC, as well as the payments asset XRP and Binance Coin (BNB), which is the native token of the crypto exchange Binance and the core crypto asset of Binance Smart Chain.
In addition, the company calls out Polkadot (DOT) as a crypto asset with specifically negative sentiment among traders.
A comparison of cryptos top assets by market cap reveals Bitcoin, XRP and Binance Coin are showing signs of traders expecting price rises.
Meanwhile, Polkadot is one of the few top caps where trader sentiment is more negative than usual.
Looking back, Santiment says two Ethereum (ETH) rivals have taken volume away from Bitcoin (BTC) in the last 12 months.
The firm says that the Ethereum competitors Terra (LUNA) and Solana (SOL) have exponentially grown in volume as both crypto assets registered all-time highs over the past year.
The past year has seen major changes in trading interest. Its been well documented that LUNA and SOL have emerged into the top 10 market cap assets with very high volume. But this has come at the expense of BTC and ETH seeing their volume drop off.
Although Bitcoin has seen its volume decline in the past months, Santiment says that traders still The optimism among Bitcoin traders comes as fellow intelligence firm Glassnode reports a rise in the amount of BTC thats being transferred to owners who tend to hold their coins for the long haul.
Illiquid BTC supply represents coins held in wallets with little to no history of spending. It is now 3.2x larger than liquid and highly liquid supply combined.
According to Glassnode, the illiquid supply shock ratio (ISSR) is a metric that attempts to predict the probability of supply shock forming, where fewer coins are available to meet current demand trends.
When large amounts of coins move out of liquid circulation, the ISSR trends higher indicating the possibility of BTC price rally if supply dwindles.
Featured Image: Shutterstock/tykcartoon/Tun_Thanakorn
Solana price could plummet as selling pressure on the altcoin increases – FXStreet
Solana price could suffer a drop with the mounting selling pressure on the altcoin. Analysts believe Solana remains at risk of collapse, it could plunge in the current cycle.
Solana price has posted losses over the past seven days as traders across exchanges increased the selling pressure on the altcoin. This has fueled a bearish narrative among traders, Solana price could therefore plummet.
Analysts have evaluated the Solana price trend and identified bearish momentum. Bears continue to dominate the Solana market across exchanges. The Ethereum-killers price has plunged to $81 zone.
The market capitalization of Solana plummeted consistently since the drop in the altcoins price. FXStreet analysts believe that Solana price could dip lower if it remains in the descending triangle. Solana price remains at risk of collapse, and the downside could be violent. Analysts believe $50 could be the bottom for Solana in the current cycle.
Solana price could head to the 100% Fibonacci extension where the upper range of the high volume node, a consequently high arm node, at $35. Therefore, analysts argue that Solana has a downside risk. The altcoin needs to get back above the 50% retracement in Solana price, to recover from the recent drop.
Solana price needs to get back inside the cloud to mitigate the risk of collapse. As long as Solana price remains outside the cloud, it could plummet further. Solana price has dropped consistently over the past few weeks. Once the price rises to the middle of the flag, Solana could recover from its downtrend.
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Solana price could plummet as selling pressure on the altcoin increases - FXStreet