AirAsia India has received the nod for operating its first international flight very soon. This comes after eight years of the airline being in the Indian market. Earlier this month, the low-cost carrier got permission to operate an international flight. […]

Globally the fintech scene was seeing record funding rounds in 2021, India being a global fintech powerhouse similarly experienced a stellar year of growth and funding. Startups in the space

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The Govt. of India has officially banned 54 new mobile apps and Garena Free Fire is one of them.

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An Indian radar satellite and two rideshare payloads rode a Polar Satellite Launch Vehicle into orbit Sunday, returning India's space program to flight after the failure of a different type of rocket last August.

India's Polar Satellite Launch Vehicle lifted off at 7:29 p.m. EST Sunday (0029 GMT Monday) with an Indian radar remote sensing satellite and two rideshare payloads. This was the first flight of an Indian PSLV in nearly a year.

The comment period ended February 4, 2021 on the DOJ/USPTO/NIST Draft Policy Statement on Licensing Negotiations and Remedies for Standards-Essential Patents Subject to Voluntary F/RAND Commitments (the “2021 Draft”), to which I […]

British fintech giant Revolut announced on Friday that its subsidiary arm in India has acquired Arvog Forex, a local money transfers firm, to jump-start its product strategy in the nation.

It’s been a big week for Fubo Sportsbook. The sports betting operation of sports-centric streaming service fuboTV announced deals granting them access to licenses in four states. On Thursday, Fubo Gaming said it reached a new deal with Caesars Entertainment that gives the sportsbook rights in Louisiana, Mississippi, Missouri. It’s the second agreement between the […]

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The ENJ coin price breaks below the $2 mark indicating a potential bearish reversal with increased trend momentum. Will the downfall reach $1.5? Enjin is a program that lets developers to manage and create virtual goods and services on Ethereum blockchain. In pursuit of this, it has released software development kits that allow users to create digital assets using Ethereum and incorporate these into games and apps. ENJ allows developers to create objects for games via the Enjin platform. Let us move ahead to read about Enjin technical analysis. Past Performance of ENJ ENJ token price fails to overcome the selling pressure of the 200-day EMA at $2.15, resulting in a downfall of more than 15% in the past 48 hours. Moreover, the death cross increases the selling pressure. Therefore, the free fall may soon test the horizontal level at $1.5. ENJ/USD Daily Chart ENJ Technical Analysis The ENJ coin price shows an increased selling pressure as the price breaks below the $2 mark. Hence, with the sellers gaining trend control, traders can find selling opportunities shortly. The Vortex indicator shows a potential trend reversal with the free fall in the ENJ coin prices as the VI lines approach each other to give a bearish crossover. Hence, the indicator indicates a downfall to the $1.5 mark. The RSI indicator shows a rise in the underlying selling pressure as the price falls 10% in the past 24 hours. Moreover, the slope crosses below the 14-day SMA and the 50% mark indicating a bearish continuation.  The Exponential Moving Average shows a death cross in the daily chart idnicating a rise in bearish powers. Moreover, the falling 100-day EMA may shortly give a crossover with the 200-day average.  In short, the increasing selling pressure overtakes the trend control and indicates high likelihood of bearish continuation in ENJ coin price. Upcoming Trend The ENJ coin price breaks below the $2 mark as the sellers regain momentum with the recent death cross. Therefore, the upcoming trend seems to be incredibly bearish.  Traders can find selling opportunities at current prices with a target of $1.50 and a stop loss above the $2 mark.

The post ENJ Technical Analysis: Death Cross Brings Bearish Reversal appeared first on Cryptoknowmics-Crypto News and Media Platform.

The GALA coin price shows a rising trend momentum as the downfall continues to challenge the $0.30 mark. Will the price succumb under $0.30? GALA is an Ethereum-based currency that powers Gala Games. It is a platform that is designed to revolutionize the industry of gaming by giving players control of their games. The goal of the project is to change the way players invest hundreds of pounds for in-game assets, as well as countless hours playing the game that could be removed from them at the touch of an icon. The project aims to bring back creativity to gameplay by giving gamers the ability to control the game’s assets and games by using blockchain technology. Let us move ahead to read about Gala Games technical analysis. Past Performance of GALA GALA token price fails to rise above the resistance zone at $0.40 resulting in a downfall of more than 20% in the past 72 hours. The retracement creates triple black crow formation in the daily chart. Hence, the rising trend momentum in the downfall creates the triple black crow pattern suggesting a bearish continuation. GALA/USD Daily Chart GALA Technical Analysis The GALA coin price shows an increased selling pressure as the retest of trendline breakout gains momentum. Therefore, traders can find the price falling under the trendline, generating a selling opportunity. The MACD indicator shows a falling distribution of the bullish histogram projecting a possible end of the bullish cycle. Moreover, the falling slope of the MACD line might shortly give a bearish crossover in the daily chart. The RSI Power indicator shows a sudden surge in the bearish power as the slope falls below to the 50% mark. Moreover, the slope can shortly give a bearish crossover with the 14-day SMA.  The Super Trend Indicator shows the price fall sustains above the slope projecting an uptrend in action. However, the fall within the trendline can catalyse the downfall below the $0.24 mark.  In short, the rising trend momentum favors the underlying bearishness in the GALA coin price. Upcoming Trend The GALA coin price shows increased selling pressure and lowers the possibility of post-retest reversal. Therefore, traders can find selling opportunities below the $0.27 mark with a target at $0.20. However, traders need to wait for the price action confirmation to avoid a bullish reversal. 

The post GALA Technical Analysis: Sellers Swiftly Overtake Trend Control  appeared first on Cryptoknowmics-Crypto News and Media Platform.

The AXS coin price faces the threat of bearish invasion as the selling pressure grows with the rejection near the 50-day EMA. Will the downfall reach $50? AXS is the Ethereum token, which is the basis for Axie Infinity, a blockchain-based game that lets players fight with each other, collect coins, and build the digital world of their pets. The token holders can earn rewards for depositing their tokens while playing the game as well as participating in key decisions regarding governance. Let us move ahead to read about Axie Infinity technical analysis. Past Performance of AXS AXS token price shows a downfall of almost 20% in the past four days from the 50-day EMA resulting in the falling channel retest. Moreover, the recent fall of 6.72% in the past 24 hours reflects the rise in the trend momentum. However, the confluence of a horizontal level at $60 and the falling channel indicates a possible post-retest reversal. AXS/USD Daily Chart AXS Technical Analysis The AXS coin price shows lower price rejection near the upmost trendline of the falling channel and the $60 mark. Therefore, despite the rising trend momentum in the downfall, traders can shortly find a buying opportunity.   The MACD indicator shows a failure of the fast line to surpass the zero line resulting in a sideways movement. Hence, the chances of a bearish crossover are increasing as the gap within the fast and slow line decreases. The Bull and Bear Power indicator shows a rise in the bearish powers as the slope crosses below the zero line after the rejection near 23%. Therefore, the indicator reflects the increased selling pressure.  The crucial Exponential moving averages are trending lower to achieve the bearish alignment as the falling 100-day EMA may shortly cross below the 200-day EMA. Moreover, the 50-day EMA provides dynamic resistance to keep the bullish growth in check. In short, the technical indicators showcase a rise in the underlying bearishness promoting the fallout below $60 possibility. Therefore, AXS traders can find a selling opportunity shortly. Upcoming Trend The AXS coin price struggles to avoid bearish invasion as the selling pressure increases with the recent downfall. Therefore, the reversal possibility with the successful retest of the falling channel breakout decreases.  Therefore, buyers need to wait till the breakout of $70 before siding with the bulls. The uptrend can reach the $90 mark with a successful retest. However, the fallout will result in a selling opportunity with a target at $50.

The post AXS Technical Analysis: Increased Bearishness Intensifies Retest Phase appeared first on Cryptoknowmics-Crypto News and Media Platform.

The SAND coin price retraces to the support trendline as it retests the bullish breakout of $4. Will the retest bring bullish reversal? SAND is an ERC-20 token that powers these ecosystem’s exchanges and interactions. For instance, you pay SAND tokens in order to participate in games, buy equipment, or to customize your avatar. In the future, SAND will also serve as a governance token that allows its owners to participate in influence on the changes to the ecosystem once The Sandbox DAO is created. SAND is also a way to purchase ASSETS as well as LANDS, digital pieces of real estate that are represented by ERC-721 tokens that are NFTs. The players can make use of their LANDS, which is a digital plot of 96×96 meters to host the games as well as ASSETS. Let us move ahead to read about SandBox technical analysis. Past Performance of SAND SAND token price shows a growth of 40% within a fortnight, resulting in an expanding channel in the daily chart. The price action shows a reversal near the support trendline and marks a retest of the cup and handle breakout at $4. Moreover, the price action shows lower price rejection near the 100-day EMA which showcases the possibility of a bullish reversal.  SAND/USD Daily Chart SAND Technical Analysis The SAND coin price showing a reversal from $5 accounts for a 15% downfall and an increase in trend momentum. Hence, the chances of a bullish reversal are decreasing. Therefore, traders need to wait for the price action confirmation before taking a bullish stand. The RSI indicator shows a drastic fall in the slope resulting in a merge with the 14-day SMA near the 50% line. Therefore, the indicator reflects increased selling pressure that struggles to continue. The Vortex indicator shows an increased possibility of a trend reversal as the VI lines approach each other. However, the line is yet to give a bearish crossover.  The crucial Exponential moving averages show the price stuck within the 50 and 100-day averages. Moreover, the possibility of a bearish crossover of the mentioned EMAs increases as the downfall gains momentum. In short, the increased bearish trend momentum is evident by the technical indicators but the sellers are getting exhausted. Therefore, the possibility of a reversal in the SAND token is still considerable. Upcoming Trend The SAND coin price finds increased volatility as it trades near the crucial horizontal level at $4. Moreover, the post-retest retracement possibility stands despite the recent downfall.  Hence, traders can find selling opportunities with the breakout of the support trendline with a target near $3.5 and $3.15. On the higher side, the bullish reversal can find opposition near $4.5 and $4.75.

The post SAND Technical Analysis: Crossroads at $4 Increases Volatility appeared first on Cryptoknowmics-Crypto News and Media Platform.