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Polkadot Revisits Previous Low at $20, Faces Rejection at $26

Polkadot (DOT) has fallen to $22 low from the previous high of $29. Since the crypto began falling, DOT price was making a series of lower highs and lower lows.

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Jun 19, 2021 at 08:45 // News

The current downtrend is likely to extend to the low at $20

Polkadot (DOT) has fallen to $22 low from the previous high of $29. Since the crypto began falling, DOT price was making a series of lower highs and lower lows.

When the price fell and made a lower low at $20, the crypto rebounded above the current support and rallied to the previous lower highs. The rally was stalled at the lower high of $26. 

The selling pressure resumes as bulls fail to break the $26 high. The current downtrend is likely to extend to the low at $20. Since June 8, the DOT price has been retesting the support at $20. Nevertheless, the crypto’s price has broken below the moving averages signaling the resumption of a downtrend.

Polkadot indicator analysis  

The market is at level 44 of the Relative Strength Index period 14. The crypto is in the bearish trend zone and below the centerline 50. DOT price has fallen below the 20% range of the daily stochastic. It indicates that the price has fallen to the oversold region. It means that selling pressure has reached bearish exhaustion. The 21-day and the 50-day SMA are sloping southward indicating the downtrend.  

DOT+-+COINIDO_3BL.png

Technical indicators:  

Major Resistance Levels – $48 and $52

Major Support Levels – $22 and $18

What is the next direction for Polkadot? 

Polkadot is in a downward move. DOT has fallen to the oversold region of the market. On June 4 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that DOT will fall to level 1.618 Fibonacci extensions or level $20.91. From the price action, DOT price tested the Fibonacci level has been retested as price resumes upward

DOT+-+COINIDOL+2+CHART.png

Disclaimer. This analysis and forecast are the author’s personal opinions, are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol. Readers should do their research before investing funds.

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Source: https://coinidol.com/polkadot-rejection-26/

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Ripple Price Analysis: XRP Surges 10% Daily but Faces Critical Support Against Bitcoin

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[PR – 26th July 2021, Ho Chi Minh City, Vietnam]

Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard, to bring to life a new series of NFTs called XR-NFTs “eXtended Reality Non-Fungible Tokens”.

What Are XR-NFTs?

XR-NFTs are the most eclectic form of using 3D scanning telemetry, augmented reality, virtual reality, sound, and digital smell technology intertwined with the creativity of Jerome Peschard’s digital pop art. The NFT creations use blockchain technology to offer their user a one-of-a-kind sensorial digital asset experience.

Rush of Mars

To honor this new dawn of space travel, where the likes of Sir Richard Branson, Jeff Bezos, and Elon Musk are disrupting space travel and making it a reality for all humankind to one day travel to space, Jerome Peschard has created a limited-edition series of 50 XR-NFTs and 1 Digital-Physical Asset Based XR-NFT allegory entitled “Rush of Mars“.

The “Rush of Mars” allegory will feature a 150X150cm physical original artwork from pop artist Jerome Peschard. Jerome’s canvas of choice are rusty steel sheets from building construction sites pieced together to form the masterpiece. The creation has a neon greenish light on the words “Rush of Mars” the neon light will slowly flash 2-3 times, before an electric spark ignites the electrode gas in the neon, to light up the letters. Additionally, viewers will experience a humming sound that atoms make when getting electrically charged inside the vacuum tube.

NFC Tag

From the greenish futuristic hue, with elements of 1950s fast-food signage, to a countdown of a rocket ship, electric futuristic vehicle, 60s style female model and flying saucers, including many hidden elements, gives us a true sense of the allegory of “Rush to Mars”.This physical masterpiece asset will have an NFC-Tag that can be scanned by any smartphone to open the XR-NFT, it will show multiple 3D elements, and sounds to bring this masterpiece to life in a digital and blockchain world.

The purpose of the NFC-Tag is to give not only the owner a unique sensorial experience and transfer the asset but to also give anyone that experience when admiring this masterpiece in any museum, gallery, or private showing. The limited-edition series of 50 XR-NFTs, will each have one unique element chosen by Jerome and minted on the blockchain.

Own an XR-NFT

With this unique XR-NFT series, Santo Blockchain has made it possible for art aficionados around the world to purchase artworks from renowned artists like Jerome Peschard. Interested parties can sign up for the presale waiting list through Santo Blockchain.

The limited edition of 50 XR-NFTs are set to be minted in mid-August and will be available to buy with ETH. Anyone interested in the unique creations can stay up to date about the minting details, and future airdrops via the Santo Blockchain social media channels.

The hope is that one day, in the not-so-distant future; not only will humans travel to space, but also take these digital assets along, empowering us to enjoy and to barter in these new frontiers.

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Source: https://coingenius.news/ripple-price-analysis-xrp-surges-10-daily-but-faces-critical-support-against-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-price-analysis-xrp-surges-10-daily-but-faces-critical-support-against-bitcoin

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Tether Executives Allegedly Under DOJ Investigation for Suspected Bank Fraud

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[PR – 26th July 2021, Ho Chi Minh City, Vietnam]

Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard, to bring to life a new series of NFTs called XR-NFTs “eXtended Reality Non-Fungible Tokens”.

What Are XR-NFTs?

XR-NFTs are the most eclectic form of using 3D scanning telemetry, augmented reality, virtual reality, sound, and digital smell technology intertwined with the creativity of Jerome Peschard’s digital pop art. The NFT creations use blockchain technology to offer their user a one-of-a-kind sensorial digital asset experience.

Rush of Mars

To honor this new dawn of space travel, where the likes of Sir Richard Branson, Jeff Bezos, and Elon Musk are disrupting space travel and making it a reality for all humankind to one day travel to space, Jerome Peschard has created a limited-edition series of 50 XR-NFTs and 1 Digital-Physical Asset Based XR-NFT allegory entitled “Rush of Mars“.

The “Rush of Mars” allegory will feature a 150X150cm physical original artwork from pop artist Jerome Peschard. Jerome’s canvas of choice are rusty steel sheets from building construction sites pieced together to form the masterpiece. The creation has a neon greenish light on the words “Rush of Mars” the neon light will slowly flash 2-3 times, before an electric spark ignites the electrode gas in the neon, to light up the letters. Additionally, viewers will experience a humming sound that atoms make when getting electrically charged inside the vacuum tube.

NFC Tag

From the greenish futuristic hue, with elements of 1950s fast-food signage, to a countdown of a rocket ship, electric futuristic vehicle, 60s style female model and flying saucers, including many hidden elements, gives us a true sense of the allegory of “Rush to Mars”.This physical masterpiece asset will have an NFC-Tag that can be scanned by any smartphone to open the XR-NFT, it will show multiple 3D elements, and sounds to bring this masterpiece to life in a digital and blockchain world.

The purpose of the NFC-Tag is to give not only the owner a unique sensorial experience and transfer the asset but to also give anyone that experience when admiring this masterpiece in any museum, gallery, or private showing. The limited-edition series of 50 XR-NFTs, will each have one unique element chosen by Jerome and minted on the blockchain.

Own an XR-NFT

With this unique XR-NFT series, Santo Blockchain has made it possible for art aficionados around the world to purchase artworks from renowned artists like Jerome Peschard. Interested parties can sign up for the presale waiting list through Santo Blockchain.

The limited edition of 50 XR-NFTs are set to be minted in mid-August and will be available to buy with ETH. Anyone interested in the unique creations can stay up to date about the minting details, and future airdrops via the Santo Blockchain social media channels.

The hope is that one day, in the not-so-distant future; not only will humans travel to space, but also take these digital assets along, empowering us to enjoy and to barter in these new frontiers.

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Source: https://coingenius.news/tether-executives-allegedly-under-doj-investigation-for-suspected-bank-fraud-5/?utm_source=rss&utm_medium=rss&utm_campaign=tether-executives-allegedly-under-doj-investigation-for-suspected-bank-fraud-5

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Santo Blockchain and French Artist Jerome Peschard Release Cutting Edge XR-NFT Series

Published

on

[PR – 26th July 2021, Ho Chi Minh City, Vietnam]

Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard, to bring to life a new series of NFTs called XR-NFTs “eXtended Reality Non-Fungible Tokens”.

What Are XR-NFTs?

XR-NFTs are the most eclectic form of using 3D scanning telemetry, augmented reality, virtual reality, sound, and digital smell technology intertwined with the creativity of Jerome Peschard’s digital pop art. The NFT creations use blockchain technology to offer their user a one-of-a-kind sensorial digital asset experience.

Rush of Mars

To honor this new dawn of space travel, where the likes of Sir Richard Branson, Jeff Bezos, and Elon Musk are disrupting space travel and making it a reality for all humankind to one day travel to space, Jerome Peschard has created a limited-edition series of 50 XR-NFTs and 1 Digital-Physical Asset Based XR-NFT allegory entitled “Rush of Mars“.

The “Rush of Mars” allegory will feature a 150X150cm physical original artwork from pop artist Jerome Peschard. Jerome’s canvas of choice are rusty steel sheets from building construction sites pieced together to form the masterpiece. The creation has a neon greenish light on the words “Rush of Mars” the neon light will slowly flash 2-3 times, before an electric spark ignites the electrode gas in the neon, to light up the letters. Additionally, viewers will experience a humming sound that atoms make when getting electrically charged inside the vacuum tube.

NFC Tag

From the greenish futuristic hue, with elements of 1950s fast-food signage, to a countdown of a rocket ship, electric futuristic vehicle, 60s style female model and flying saucers, including many hidden elements, gives us a true sense of the allegory of “Rush to Mars”.This physical masterpiece asset will have an NFC-Tag that can be scanned by any smartphone to open the XR-NFT, it will show multiple 3D elements, and sounds to bring this masterpiece to life in a digital and blockchain world.

The purpose of the NFC-Tag is to give not only the owner a unique sensorial experience and transfer the asset but to also give anyone that experience when admiring this masterpiece in any museum, gallery, or private showing. The limited-edition series of 50 XR-NFTs, will each have one unique element chosen by Jerome and minted on the blockchain.

Own an XR-NFT

With this unique XR-NFT series, Santo Blockchain has made it possible for art aficionados around the world to purchase artworks from renowned artists like Jerome Peschard. Interested parties can sign up for the presale waiting list through Santo Blockchain.

The limited edition of 50 XR-NFTs are set to be minted in mid-August and will be available to buy with ETH. Anyone interested in the unique creations can stay up to date about the minting details, and future airdrops via the Santo Blockchain social media channels.

The hope is that one day, in the not-so-distant future; not only will humans travel to space, but also take these digital assets along, empowering us to enjoy and to barter in these new frontiers.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

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Source: https://coingenius.news/santo-blockchain-and-french-artist-jerome-peschard-release-cutting-edge-xr-nft-series-10/?utm_source=rss&utm_medium=rss&utm_campaign=santo-blockchain-and-french-artist-jerome-peschard-release-cutting-edge-xr-nft-series-10

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Blockchain

Whales Offload Significant Ethereum Holdings from Crypto Exchanges

Santiment, crypto analyzing platform has released a report that says the whales have discharged a significant amount of Ethereum from crypto exchanges

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Santiment, a crypto analyzing platform, has recently released a report that says the whales have offloaded a significant amount of Ethereum from crypto exchanges. The report further notes that the $21.3 million shares of the ten largest non-exchange whales have reached a new five-year high this week. 

Santiment Reports Says Whales Withdrew a Record Amount of Ethereum From Crypto Exchanges

The report particularly says that the ten largest over-the-counter Ethereum addresses now control the biggest volume of Ethereum in the last five years. 

As per the researchers, whales hold around 20% of the total supply of Ethereum, as 21.3 million coins were under the control of the whales by the end of last week.

However, on the other hand, the volume of Ethereum placed by whales in exchange wallets on their side has fallen to its lowest level since the year 2015 (4.66 million Ethereum).

Witnessing the outflow trend of ETH outflow which was high for several weeks recently, it should be noted that this has led to a surge in the price of the altcoin.

When the exchange rate of Ethereum reached the mark of $2,360 during the Asian trading, it marked the highest value since July 7. 

ETH Price Hits 3-Week High as Crypto Markets Bounces Back

As all the coins in the market are following the lead of Bitcoin and are surging in their prices, it is inevitable for Ethereum to stand out of the line. 

In accordance with the data released by market data aggregators and exchanges, ETH touched $2,392 on Monday, marking an 8.2% increase over the last 24 hours and around 22% gain over the past 7 days.

Ethereum is considered a potential candidate that has the capability of replacing Bitcoin as per the institutions such as Goldman Sachs.

In terms of the technological advancements, Ethereum is in line for the London upgrade that is about to go live on August 4 and consists of five EIPs, or Ethereum Improvement Proposals.

READ  ADA Partners with Simplex, Enables Purchase via Credit Cards and Apple Pay 

#Crypto-exchanges #Ethereum #Ethereum Holdings #Whales

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Source: https://www.cryptoknowmics.com/news/whales-offload-significant-ethereum-holdings-from-crypto-exchanges

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