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Topics - Rockalo

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Cardano Forum / Cardano in a Strong Sideways Move as Bulls and Bears Remain Indifferent

« on: October 27, 2021, 01:52:58 PM »

The price of Cardano (ADA) has continued its sideways movement as the cryptocurrency maintains its price levels of $2.13 and $2.14. It is unlikely that Cardano will develop a trend as long as the small body candlesticks dominate the price action.

According to the description of the Small Body Candlesticks, buyers and sellers are in a phase of indecision. They are undecided about the direction of the market. As long as the doji candlesticks dominate the price action, the price level is likely to remain the same. The price movement of the cryptocurrency is insignificant as the altcoin has no trend. Nevertheless, the price level of ADA/USD has been stable since September 20. More information please click here

Binance / Largest AI-Created NFT Collection of Global Leaders’ Portraits Launched on Binan

« on: October 27, 2021, 01:50:45 PM »

The Presidents,” the world’s first NFT collection to feature 20,000 portraits of 50 global leaders, recently debuted on the Binance Smart Chain (BSC).

Created by artists using AI algorithms, the collection combines GameFi, Art+Tech, and other innovative trends at the intersection of traditional and digital art. The NFTs are available for minting at presidents-nft.com.

The collection is rendered in a unique style that synthesizes classical and cutting-edge aesthetics. Colorful avatars include presidents of various countries renowned for their geopolitical impact, as well as crypto pioneers, such as the leaders of Binance, Ethereum, and TRON. Each NFT features its own distinctive design. One avatar can be minted for 0.3 Binance Coin (BNB) using the Metamask wallet. More information please click here

Litecoin News & Updates / Litecoin Pushes on the Upside, Unable to Sustain Above $210

« on: October 27, 2021, 01:49:05 PM »

Today, Litecoin (LTC) is pushing higher and retesting the $210 resistance level. On October 21, buyers tried to reach the previous high of $230 but were beaten back.

The cryptocurrency fell and found support above $190. In the past week, the LTC price has been fluctuating above the current support for a possible upside move. If buyers manage to keep the LTC price above the $210 resistance, the market will rise to the previous high of $230. However, the upside correction above the moving averages will continue if the resistance is not broken. More information please click here

Ripple News & Updates / Ripple Trades Marginally, Faces Strong Rejection at $1.20 Resistance

« on: October 27, 2021, 01:47:29 PM »

The price of Ripple (XRP) has been consolidating below the $1.20 resistance level. Today, XRP is trading at $1.12 as of press time.

Over the past five days, price action has been stagnant due to the emergence of small body candlesticks called doji and spinning tops. These candlesticks indicate that buyers and sellers are undecided about the direction of the market. Neither buyers nor sellers are driving prices up or down. However, buyers have an advantage over sellers as Ripple is trading in the bullish trend zone. If buyers break through resistance at $1.20, Ripple's price action will accelerate. XRP/USD will regain the previous high of $1.41. More information please click here

Bitcoin News & Updates / Bitcoin Origins History: How Did It Start?

« on: October 27, 2021, 01:43:52 PM »

Bitcoin became a part of modern life, having penetrated many spheres of human activity. But despite the world is familiar with the technology itself and its mechanisms of operations, it is also worth knowing how it all started. In fact, the idea of decentralized money appeared long before 2009.

Most Bitcoin users know how it works, its value, the tech behind it, its pros and cons, and the risks associated with it. Nonetheless, they also need to understand where Bitcoin came from (its real origin), how, when and who developed this groundbreaking idea. This will further help the cryptocurrency community to determine where Bitcoin and the blockchain industry is heading. More information please click here

Bitcoin News & Updates / Bitcoin Resumes a New Uptrend, Targets the $67,000 Resistance

« on: October 27, 2021, 01:41:38 PM »

Bitcoin (BTC) has rebounded after a recent slump. Today, Bitcoin faces another rejection at the $62,300 resistance zone.

The cryptocurrency seems to be falling after hitting the resistance zone. However, for BTC/USD to resume its upward momentum, buyers are expected to push BTC above the $64,000 high.

This will catapult the BTC price to a retest of the high at $67,000. If the bulls overcome the current major resistance, the bitcoin price will rally to a level between $70,000 and $80,000. For the bears to continue their downtrend, the current support at $60,000 must be broken. Bitcoin will then fall further to the low of $58,500. However, if buyers successfully defend the psychological price level of $60,000, the support will hold. This will give BTC prices a new uptrend. More information please click here

Appreciate your opinion. Now Btc price $58k+

Chainlink Forum / Chainlink Revisits Its Peak Price, Battles Next Resistance at $31

« on: October 27, 2021, 01:38:44 PM »

Chainlink's (LINK) price is moving positively after rising above its moving averages. The cryptocurrency is likely to retest resistance at $31. Beyond that, the bullish momentum is likely to extend to the previous high of $35.

However, this is unlikely if the resistance at $31 remains unbroken. It is worth noting that the bulls have yet to break through $31 resistance since September 5. Therefore, the current bullish momentum will face tough resistance at the next resistance level. In the last price action, the price of LINK was rejected as the altcoin fell to a low of $21 as the bulls bought the dips. Meanwhile, the cryptocurrency is trading at $30.20 as we write this article. More information please click here

Ethereum News & Updates / Ethereum Consolidates Below $4,200 Resistance Zone, Uptrend Likely

« on: October 27, 2021, 01:35:29 PM »

Since October 21, the price of Ethereum (ETH) has been fluctuating below the $4,200 resistance level, and today the largest altcoin is trading at $4,152 as of press time. The price of Ether has stabilised below the recent high.

Every time the cryptocurrency reaches the resistance zone, it is rejected. Essentially, the market is fluctuating between $3,950 and $4,200. On the upside, a breakout above the $4,200 resistance will drive the cryptocurrency above the $4,800 high. However, Ether will face rejection at the high of $4,300. Nonetheless, the current range-bound move will continue if the resistance is not broken. More information please click here

Ethereum News & Updates / Ethereum Regains Bullish Momentum, Battles the $4,400 Resistance Level

« on: October 27, 2021, 01:32:47 PM »

Today, Ethereum (ETH) has risen back above $4,000 support today as the altcoin resumed its upward trajectory. The cryptocurrency has risen as high as $4,162, but faces a little resistance at the recent level. On October 21, Ether had encountered major resistance at the $4400 resistance zone.

The market fell to a low of $4,042.50 as bulls bought the dips. If the bulls break through the $4,400 resistance, Ethereum will see an accelerated price action. The market will rally to the high at $4,800. However, if the buyers fail to break the high at $4,400, ETH /USD will fall and resume the upward correction in the uptrend zone. That is, the altcoin will fluctuate between the prices of $4,000 and $4,400. More information please click here

Ripple News & Updates / Ripple Holds above $1.07 Support As Bulls and Bears Decide the Next Move

« on: October 27, 2021, 01:30:46 PM »

Ripple (XRP) has been fluctuating above the $1.07 support level for over a week now. It is also above the 50-day moving average line. Today, XRP is trading at $1.10 and continues its uptrend.

Over the past week, price action has been choppy as the cryptocurrency has fluctuated between $1.07 and $1.20. XRP/USD is capable of further upside movement as it fluctuates above the moving averages. More information please click here

Binance Coin (BNB) / Binance Coin Struggles Below $520 High, Can Bulls Sustain the Recent Rally?

« on: October 27, 2021, 01:29:02 PM »

Binance Coin (BNB) price has broken through $480 resistance and reached a high of $520. Today, the cryptocurrency is on the retreat after rejecting the $520 resistance zone. Buyers are expected to break the current resistance, which will push the altcoin to the high of $640.

On the other hand, if the buyers fail to break through the resistance, BNB will fall to a low of $370. Nonetheless, the current resistance at $520 is the historical price level from September 7. In previous price moves, buyers were unable to break through resistance, causing the cryptocurrency to fall to a low of $330. Today, Binance Coin is moving below the recent high. Can the bulls break through the current resistance? More information please click here

NFTs & Collectibles / Erotic NFT Art and Artificial Intelligence

« on: October 27, 2021, 01:24:14 PM »

In the world of blockchain, a project has emerged that can confidently be called revolutionary. This project will completely change the way people think and interact with erotic art.

The name of this project is Aiko. It is the world's first blockchain project to transform erotic NFT art into an immersive and personalized AI experience. The Aiko team will officially launch the "I'M AIKO" collection on October 25th. The collection will allow users to create their own virtual companion with artificial intelligence, which will be able to adapt to their needs, habits and any desires. More information please click here

Bitcoin News & Updates / Bitcoin Bulls Are Unrelenting After Rejection from $67,000 Resistance

« on: October 27, 2021, 01:21:36 PM »

Bitcoin (BTC) price has risen to a high at $67,000 after bouncing back above support at $64,000. Today, the BTC price has fallen back to the $64,000 support as the market resumed consolidation above it.

Yesterday's rise to a high at $67,000 resembles a vertical rally that is not supported by strong fundamentals. Bitcoin has fallen back to support at $64,000, suggesting that bullish gains have been wiped out after rejecting the recent high. More information please click here

Crypto currency Mining / Kazakhstan Might Face Energy Crisis Because of Cryptocurrency Mining

« on: October 27, 2021, 01:19:56 PM »

Due to the growing volume of cryptocurrency mining, Kazakhstan could suffer from energy shortages for its citizens. To counter this, the country's energy ministry has set consumption limits for miners.

According to LS local news outlet, a single mining farm consumes about 3.6 million kWt per month, which is equivalent to the power consumption of 24 thousand homes. The problem is that the country does not have that much capacity, so power outages and shortages can occur. To offset the consumption of cryptocurrency mining, Kazakhstan would need to build power plants with a capacity of at least 1,000 KWt. More information please click here

Bitcoin Cash Forum / Bitcoin Cash Hovers above $600 Support, an Upward Move Is Likely

« on: October 27, 2021, 01:17:48 PM »

Bitcoin Cash (BCH) is trading above the 50-day moving average line as buyers push the cryptocurrency above $600 support. The upside move was short-lived as the altcoin met rejection at the $648 high.

A Gravestone Doji appeared on October 16, indicating that buyers were overwhelmed by sellers. BCH have fallen as the price hovers above the moving averages. However, the upside could resume if the current support holds. The market will rise again to the high of $700. However, if the bears manage to break below the moving averages, the market will fall to a low of $550. More information please click here