XRP Jumps as Bullish ‘Golden Cross’ Pattern Appears in Price Chart
XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal.
The token’s price was around 48 cents at press time, up 9% on a 24-hour basis, based on CoinDesk 20 data. Other prominent cryptocurrencies such as bitcoin, ether, chainlink and litecoin were nursing moderate losses.
XRP’s 50-week moving average crossed above the 100-week moving average (MA) earlier this month, confirming a pattern known in price charts as a “golden crossover” – a long-term bullish indicator.
Traders and chart-reading analysts often see the golden cross as a sign of a definitive uptrend. As such, the latest cross may attract stronger buying pressure from trend-following traders, leading to continued price gains.
XRP’s weekly chart shows major resistance at 80 cents. The area has capped gains multiple times since September 2018.
Origin Dollar compensation plan marks progressing maturation of DeFi space
Traders and developers are trending towards greater DeFi depositor protections in unison NEWS On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack. While the attack is just another…12/14/2020
NFT+GameFi+Metaverse, the first space-based SLG chain game
Once young, we also looked up at the stars, in the face of the vastness of the Milky Way, into meditation and fantasy. And we are looking forward to travel and experience ourselves one day in the future. With the advent of the metaverse, this idea may become a reality. Recently, Crypto Fans Meeting, a one-stop digital collectibles trading platform, announced the launch of its first metavesa game to run on blockchain: “Murphy”. Murphy built a vast virtual space world on BSC. Murphy aims to combine blockchain, NFT, metacosm…10/21/2021
Moonjob The Global Distributed Job Recruitment Platform for Web3.0 Jobs
According to “The Mobile Internet Industry Data Research Report for 2022 Q2″, the number of APP installations per capita among mobile netizens around the world increased slightly , the daily usage time of APPs per capita remained stable, and mobile users have developed stable Internet behavior habits. With the further maturity of the global division of labor assistance, the corresponding global distributed assistance office recruitment and job search will also become a trend. Compared with the natural barriers existing in the traditional centralized office work method, whether it is an interview…11/09/2022
Staking of Ethereum 2.0 Available to Alt 5 Pro Users
Advertisment Beacon Chain’s Ethereum 2.0, a long-planned upgrade to the Ethereum network finally launched to improve the network’s scalability, security, and sustainability. The following Eth2 upgrades will be achieved by different teams in different phases: You want the latest news about Crypto? Sign up to our weekly Newsletter! Email In phase 0, The Beacon chain line on December 01, 2020, at noonIn phase 1, shard chains will be implementedIn phase 1.5, Ethereum 1 refers to the Ethereum Mainnet that you transact on today will be merged with the Beacon…12/24/2020
Next Big Wave – Ventures DAO
Next “Big Wave” – Ventures DAO Traditional venture capital market is monopolized by big institutions. Retail investors rarely have access to all the important information. Ventures DAO provides retail investors an equal opportunity to participate in potential projects. The nature of a Ventures DAO bootstraps a loyal community as DAO members are incentivized to support portfolio projects. Top-down decision making approach is used by traditional venture capital, where decision-making process occurs at the highest level and is then communicated to the rest of the team. DAO on the other hand…06/27/2022
OEC (OKEXChain)’s first NFT asset aggregation platform Dematrix will be launched on the mainnet soon
The official opening of the third phase of OKEXChain has opened a new era of DeFi ecology, which is good news for everyone in the blockchain world. OKExChain is the world’s first transaction chain-a blockchain technology infrastructure built for transactions. Through the development of “blockchain middleware” and operational support for transaction scenarios, it reduces the development costs of application developers and improves users’ Trading experience. As an open public chain ecology, anyone can campaign to become an OKExChain super node, or they can issue their own digital assets, create their…Uncategorized 08/04/2021
More great news! DogeQueen is listed on CMC and available now on Binance!
The brightness gem of a metaverse in 2022 —DogeQueen, is now listed on one of the largest crypto data aggregators of international standards, CoinMarketCap. Not only that! DogeQueen can also now be found on Binance, which has the most extensive exchange globally regarding the daily trading volume of cryptocurrencies. Furthermore, DogeQueen is now listed on the Top Data Platform in the China Market, Feixiaohao! The investors can now view the price of DogeQueen on more platforms like Dextools, LiveCoinWatch and more! As an entirely community-driven platform that empowers everyone to…02/18/2022
A new type of online job opportunity has spread through the whole Kenya under the COVID-19 lockdown. Join to increase your revenue streams!
Life has been being consistently limited from the global Covid-19 lockdown, while social isolation has also brought thrives on the short-form social video platforms, such as TikTok and Instagram. And in this situation, influencer marketing incorporating social media is a new phenomenon within the industry. For example, some non-celebrity social media influencers can pull in millions of dollars each year from brand partnerships and sponsorships. No wonder that, it illustrates perfectly how big a fan community of a Social Media Influencer and how successful Social Media Influencer can nowadays become….02/28/2021
On the financial track, how doesGBi innovate
On the evening of December 30,Feifei, head of The Chinese community ofGlobe Financial Bi (hereinafter referred to as GBi), shared the themeof “On the financial track, how does GBi innovate” onAnypay, the marketing planning service incubated by The Blockchainproject in China, and comprehensively introduced the ecology,application and vision of the GBi project. GBi,the full name of Globe Financial, Bi, is a strategic investment bythe Singapore Financial ecological foundation platform for the globalone-stop Financial ecology, aims to block chain technology,artificial intelligence, such as large data of blessings, makeeveryone can participate in,…12/30/2020
Cross-chain interoperability can not be realistic?
Vitalik Buterin is skeptical about the cross-chain ecosystem On January 8th, Ethereum co-founder and core developer Vitalik Buterin tweeted a link in a Reddit post in which he discussed his belief in a multi-chain future, but he The cross-chain ecosystem is skeptical that as the number of cryptocurrencies held in cross-chain bridges increases, so does the incentive to hack attack on them, and their would be more serious consequences. If you move 100 ETH to a cross-chain bridge on Solana network to get 100 Solana-WETH, no one will attack Ethereum…01/16/2022