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Tezos (XTZ) Breakout Seems Imminent If It Crosses $1.97


Tezos as a blockchain was ideated to overcome the lack of governance process in Bitcoin’s ecosystem. The idea was to create a blockchain capable of accepting changes and improvements without undertaking the hard fork’s complicated path. With moto being secure, upgradeable, and built to last....

Litecoin Reflects Retracement; Will LTC Record a Breakout Soon?


Litecoin is a faster, more efficient, and lower gas fees costing blockchain that empowers users with seamless peer-to-peer transactions. The only reason LTC has failed to repeat the success of Bitcoin is its four times larger token volume. While the early launch of bitcoin allowed the token value...

Cardano Fails to Make a Breakout; Will ADA Sustain Consolidation?


Cardano blockchain remains under consolidation despite outperforming its competitors. Buyers losing strength near $0.55 creates a scenario for dumping ADA tokens and making a quick buck. Even the moving averages have failed to incite buyers into testing the resistance. Since launching the smart...

Loopring (LRC) Closes Towards a Breakout From the 100 EMA Curve!


Loopring is a rather lesser-known blockchain that bridges the gap between the idea of working on a decentralized exchange. LRC is a utility-based token that addresses the shortcomings in the centralized exchange. Centralized exchanges settle the trades on internal records leaving it open...

Avalanche Creates a Negative Trendline; Will AVAX Breakout?


When it comes to potential replacements for Ethereum, in case the network supposedly goes dark, the names would include Avalanche. Its strong growth, higher transaction speeds, and lesser gas fees make it unique among the smart contract and dApps supporting blockchain. Having created different...

Cardano (ADA) Awaits Strong Breakout to Move in a Positive Direction!


Cardano is currently ranked 8th amongst the leading cryptocurrency market capitalizations. With its huge valuation being limited, ADA requires a huge buying trend to reach its previous all-time highs witnessed in August 2021. Cardano blockchain showcases immense possibilities in replacing exchange...

VeChain (VET) Needs a Significant Breakout to Breach the $0.0288 Mark!


The core application of the VeChain token and its parent blockchain, VeChain Thor, has been towards the supply chain industry. This industry hasn’t witnessed any substantial transformation over the years, and VeChain has partnered with leading product development companies to ease their supply...

Will MIOTA Record Positive Breakout Despite Consolidation?


IOTA is a distributed ledger, relatable to Ripple, distinguishing itself from a blockchain. The in-house token for this ledger is called MIOTA. The way IOTA presents itself is not in the role of an altcoin but as an extension of the current blockchain technology. It works on the similar ethos...

Polkadot Price Follows a Negative Trend: Will DOT Breakout?


Polkadot protocol has developed into an open-source multichain protocol that gets this funky name for securing a few networks of special blockchains or market leaders to facilitate cross-chain trades, asset transfer, and promote interoperability of blockchains with each other. Polkadot is working...

Bitcoin Attempts Positive Breakout Above $22k; BTC’s Good Times Await!


Bitcoin, the market leader, directs the entire crypto market sentiment simply out of its sheer dominance. BTC is moving with a tremendous buying-focused scenario capable of putting it beyond the grasp of immediate resistances. There has been a huge spike in the last five days, which could turn...

Polygon Heads Towards a Breakout; Are Good Times Waiting for MATIC?


Polygon blockchain was originally developed as the layer-2 scaling solution for the Ethereum chain and is backed by Binance and Coinbase. Later renamed the Polygon network, its most prominent tool is the Polygon SDK which supports multiple different formats of applications. The attempts to simplify...

Decentraland Falls Back to the Pre-Breakout Level of Oct 2021!


The depreciating value of the MANA token has been a matter of concern for investors who thought metaverse would be taking over the world. Decentraland had jumped close to 15 times from its initial launched value, like other cryptocurrencies being a new thing, investors were expecting the 100x...

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