Curve, ICON, And Serum Expect Bullish Moves, Crypto Analyst Says
The crypto market has been seeing some necessary corrections lately, but this is not stopping all kinds of bullish predictions from popping up. The latest ones have been revealed by the famous crypto analyst Michaël van...
The crypto market has been seeing some necessary corrections lately, but this is not stopping all kinds of bullish predictions from popping up.
The latest ones have been revealed by the famous crypto analyst Michaël van de Poppe.
Bullish price moves for significant altcoinsThe analyst just said that Curve (CRV), the governance token of the stablecoin decentralized exchange Curve Finance, is currently gearing up for a bullish continuation after it dips to support around $2.40.
“I think that CRV is ready for continuation here as we’re making a bullish S/R [resistance to support] flip here.”
The analyst also addressed SRM, the governance token for Serum, a decentralized exchange and ecosystem.
Van de Poppe said that the asset is trading close to his area of interest against Bitcoin (SRM/BTC) at 0.0001888 BTC or $8.07.
“This one is at a point of interest here, might be a great S/R flip for bullish continuation to be happening.”
The third exciting project that the analyst addressed is ICON.
Van de Poppe also sees gains from ICX, the native asset for ICON, a hybrid blockchain platform that allows enterprise blockchains to interact with public blockchains and vice versa.
He’s been checking out key levels for ICON against Bitcoin (ICX/BTC) where the pair might continue its ascent.
“Slightly messy chart here, but it followed the path. Now at resistance. Looking at 0.0000325 BTC ($1.39) for a potential play, if it gets there. Breaking above 0.000053 BTC ($2.27) = 0.00008 BTC ($3.42) next.”
Bitcoin in the crypto marketRegarding Bitcoin, the king coin suffered various corrections in price. When writing this article, BTC is still trading in the red, and the digital asset is priced at $42,322.51.
During a recent interview, Michael Saylor addressed how Bitcoin can help companies’ balance sheets. Check out his post on social media below.
Every company on Earth is sitting on a balance sheet that is normally cash and credit. Cash and credit are crumbling. I discuss how #Bitcoin solves this problem in my interview with @Alex_fights of @BitcoinMagazine.https://t.co/DqDS7tMkaZ
— Michael Saylor⚡️ (@michael_saylor) September 20, 2021
Stay tuned for more news.
The post Curve, ICON, And Serum Expect Bullish Moves, Crypto Analyst Says first appeared on CryptoGazette - Cryptocurrency News.Original source
Read on CryptoGazetteRelated market context
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...
The 3-Part Impulse That Shows Where The XRP Price Is Headed Next
XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible th...
Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase
A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for...
Ethereum Futures Just Hit A Binance Record: Are Traders Calling The Bottom?
Ethereum derivatives activity is flashing a fresh signal on Binance, where open interest measured in ETH terms has reached a new a...
Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The propo...
Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer
The Fidelity Digital Dollar reportedly deployed liquidity to both Curve Finance and Uniswap in a single Ethereum block Thursday ev...