Tag: Momentum

Like in any profession, traders also use tools. This simplifies their trading process and provides objective information which traders could use to support their trading analysis. These tools are what we call technical indicators. Technical indicators are a big part of trading for most technical traders. It allows us to read the market, identify trends […]

La entrada Pivot Point Break and Test Forex Trading Strategy se publicó primero en ForexMT4Indicators.com.

Enjin Coin price has seen three green days with a nice run-up. This move comes after ENJ bulls breached a declining trend line that subdued it since 25 November. The recent uptick in bullish momentum suggests that ENJ is leading the Metaverse coins like MANA or SAND. Metrics forecast more gains  Enjin Coin price crashed […]

Cardano’s ADA has been on a roll in recent weeks. ADA has actually outperformed other major cryptocurrencies as it remains on a solid uptrend.

The post Polygon(MATIC) Price is about to Explode Massively that Could Upfit the Price Beyond $2.5 Soon! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto space has made a large move since the beginning of the present day’s trade as the Bitcoin price showcase huge bullish momentum. And hence the top altcoins are also heading strongly towards their respective resistance. Therefore, Polygon price is also displaying a huge bullish tendency.  The price flipped from the lower support just …

The company’s Nikeland metaverse proves a hit among Roblox players. Since the launch of Nikeland, a virtual world built by Nike inside the hit video game Roblox, the company has been visited by almost 7 million people from 224 countries. Here they could browse a digital store filled with Nike products and hang out with […]

The post Nike’s “Just Do It” Attitude Pays Off In The Metaverse appeared first on VRScout.

The companies aim to bring an electric vehicle aircraft to market

Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result. Bitcoin On Thursday, BTC rose to its highest level since March 3, as prices of the world’s largest cryptocurrency gained for…

The post Bitcoin, Ethereum Technical Analysis: ETH Recaptures Fresh 1-Month High appeared first on Bitcoin News Miner.

Input Output CEO Charles Hoskinson admits he wrongly predicted there would be thousands of assets and dApps on Cardano.

The post Cardano (ADA) breaks 7 month downtrend, as founder rues the slow pace of dApp rollouts appeared first on CryptoSlate.

Federal Reserve Chairman Jerome Powell emphasized on Wednesday that technology transformation is here to stay in the financial sector and that new regulations will be required. Powell revealed some insight into how the United States would govern the market during a presentation at the Bank of International Settlements Innovation Summit on central bank digital currencies. The digital age was not taken into consideration when establishing our current regulatory structures, the Fed official said. “There will be revisions to current laws and regulations, as well as the creation of wholly new rules and structure, if central banks, stablecoins, and digital currencies are to be implemented,” he said during a roundtable discussion on CBDCs at the BISI Summit. Is There A Threat? Powell noted that emerging forms of digital money, like cryptocurrencies and stablecoins, pose threats to the US financial system and will necessitate the adoption of additional consumer protection measures. Powell reaffirmed his position that cryptocurrency should adhere to the “same activity, same regulation” premise. He proposed regulating stablecoin issuers, such as banks, in October 2021. “Stablecoins function similarly to money market funds. They’re similar to bank deposits… and it is reasonable for them to be controlled similarly, same activity, same regulation,” he concluded. Powell Says DeFi Can Improve Finance Sector Despite this, the Fed chairman acknowledged that distributed technology and DeFi have the potential to improve the payment system’s efficiency and foster a more competitive financial sector. This is an impressive recognition from the director of one of the country’s premier financial institutions. Other agencies and their personnel have embraced crypto and blockchain technology as well, albeit they all appear to advocate for some level of regulation. Crypto total market cap at $1.94 trillion on the daily chart | Source: TradingView.com Suggested Reading | Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says Stablecoins are a type of cryptocurrency that are typically backed by the dollar or a commodity such as precious metal. CBDCs are digital representations of dollars or other fiat currencies that governments issue. The Fed is exdigital currencies but has not yet decided whether to issue them. In January, it published a study on stablecoins. Biden’s Executive Order US President Joe Biden signed an executive order earlier this month directing the Treasury Department and other federal agencies to conduct a study on the impact of cryptocurrency on economic stability and national security. Biden’s directive comes as many Democratic legislators, notably Massachusetts’ Elizabeth Warren, have expressed worry that cryptocurrency could be used to circumvent US sanctions against Russia. As part of the executive mandate, the Treasury is leading a report on a CBDC in consultation with the Departments of Justice, Commerce, and State, as well as the Office of Management and Budget, Homeland Security, and the Director of National Intelligence, to determine whether the US should pursue a digital dollar. Suggested Reading | Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? Featured image from CryptoSlate, chart from TradingView.com

Oil prices soar overnight Russian President Putin shocked the energy markets on Wednesday when he directed that payments for Russian natural gas by “unfriendly nations” must be paid for in roubles. The announcement and the full closure of the Caspian Pipeline Consortium’s (CPC) pipeline by Russia sent European natural gas prices 30% higher, and also aggressively […]

The post Cardano(ADA) Price Above $1, Is it an Indication of a Recovery or Yet Another Fake-out? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cardano price is attempting to break the huge descending trend and is on the verge to form a strong bullish green candle ever since it reached the highs in September 2021. Interestingly the buying volume has increased drastically which is attempting the price to get settled above the immediate resistance levels. However, no uptrend can …

The latest bitcoin upwards price momentum seems to be coming from western buyers, but persistent Asian-hours selling pressure is tempering bullishness.