Tag: Altcoin Watch

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Trader Joe (JOE) makes a 110% V-shaped recovery after Rocket Joe launch

JOE price made an impressive comeback after the rollout of the Rocket Joe liquidity launch program lured new projects and token listings to the DeFi platform. The market appears to be finding its feet and as the smoke clears, its easier to see which projects are fundamentally flawed and which are returning to their previous…
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RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility

Focusing on utility and continuing to build during a strong bear trend appears to have helped Render Token, NFTX and Yield Guild Games bounce back from the recent correction. Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said…
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Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher

MANA price booked a 75% bounce off its swing low as interest in the Metaverse is rekindled. The influence of blockchain technology on the ongoing digital revolution cannot be overstated as the rise of the Metaverse and the integration of virtual reality is transforming the way humans interact on a global scale.  One project that…
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3 reasons why QuickSwap (QUICK) price spiked by 50%

QUICK price gained 50% shortly after a partnership with CelsiusX proves that the platform is serious about bridging the gap between DeFi and CeFi. Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency ecosystem, but the general public is still hesitant to…
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REN price at risk of 50% drop after a bearish trading pattern shows up

Nonetheless, the long-term technical setup and strengthening protocol metrics indicate bullish continuation. The prospects of Ren (REN) continuing its ongoing rebound to fresh highs appear slim as a classic bearish reversal pattern begins to emerge. Dubbed head and shoulders, the setup appears when the price forms three peaks, with the middle peak (called the head)…
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Yearn.finance risks pullback after YFI price gains 100% in less than 3 weeks

The recent bout of buying in the Yearn.finance market accompanies meager volumes, suggesting there are not enough buyers backing YFI’s price rally. Yearn.finance (YFI) looks poised for a price correction after rising five days in a row to approach $42,000. Notably, an absence of enough buying volume coupled with overbought risks is behind the bearish…
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YFI price gains 46% in just four days after Yearn Finance’s $7.5M buyback

Its “decentralized” Treasury has more than $45 million and would pursue similar YFI buybacks in the future. Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100. YFI/USD daily price chart featuring its four-day…
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YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K

Yearn.finance, Hxro and Arweave managed to post positive gains even as BTC and ETH price saw sharp pullbacks. Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a…
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ECOMI, Aragon and Ramp breakout after Bitcoin price pushes above $49K

OMI, ANT and RAMP booked 20% gains after Bitcoin and the wider crypto sector reacted positively to today’s Federal Reserve announcements. Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank’s plan to hike interest rates in 2022 and slow down the bond purchasing program that…
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FLUX, SFP and Badger DAO surge even as Bitcoin price falls to $47K

BTC price continues to soften, but new exchange listings and protocol upgrades provided a much-needed boost for FLUX, SFP and BADGER. The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure…
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