Saturday, February 4, 2023
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Cardano

One Altcoin Is Now Mirroring Pre-Breakout Patterns of Cardano, Algorand and Bitcoin, Says Crypto Analyst

by Crypto News
December 25, 2021
in Cardano
0
One Altcoin Is Now Mirroring Pre-Breakout Patterns of Cardano, Algorand and Bitcoin, Says Crypto Analyst
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


A well-liked crypto strategist says one decentralized finance altcoin is mimicking the patterns of different crypto belongings proper earlier than they broke out.

The pseudonymous crypto analyst generally known as Pentoshi tells his 429,500 Twitter followers that Curve Dao Token (CRV) seems like a “coiled spring wound tight.”

CRV is the governance token for Curve Finance, a decentralized change for stablecoins that goals at guaranteeing minimal slippage by attracting deep liquidity.

Pentoshi signifies he’s seeing a sample on the Curve/Bitcoin (CRV/BTC) chart the place CRV begins making larger highs and better lows proper because it breaks right into a quantity hole, which is the area between the latest highs and the highs from a very long time in the past.

“Chart. Clear, multi-year stage with HH + HL compression into vol hole”

Image
Supply: Pentosh1/Twitter

The 74th-ranked crypto asset by market cap is buying and selling at $5.09 at time of writing, up 9.43% previously 24 hours. CRV can also be buying and selling at an almost an identical stage to the place it was priced one month in the past.

The analyst then compares CRV’s chart to the form of earlier rallies made by scalable sensible contract platform Algorand (ALGO), proof-of-stake blockchain Cardano (ADA) and main crypto Bitcoin.

ALGO is buying and selling at $1.62, down 1.12% on the day whereas ADA is priced at $1.34, up 2.80% over the past 24 hours. BTC is exchanging palms at $48,606.50, down 1.82% at time of writing.

Test Price Action

Do not Miss a Beat – Subscribe to get crypto e-mail alerts delivered on to your inbox

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Each day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses chances are you’ll incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in internet affiliate marketing.

Featured Picture: Shutterstock/LayerAce.com/Vladimir Sazonov

Related articles

Easy Ways To Recognise A Legit Cardano FIFA Betting Site

Easy Ways To Recognise A Legit Cardano FIFA Betting Site

November 28, 2022
Solana, Cardano, and Oryen are Three Must-Have Cryptos Before the 2023 Bull Run Starts

Solana, Cardano, and Oryen are Three Must-Have Cryptos Before the 2023 Bull Run Starts

November 28, 2022

 





Source link

Share76Tweet47

Related Posts

Easy Ways To Recognise A Legit Cardano FIFA Betting Site

Easy Ways To Recognise A Legit Cardano FIFA Betting Site

by Crypto News
November 28, 2022
0

Qatar will host the 2022 FIFA World Cup starting on November 21, and lots of followers are enthusiastic about...

Solana, Cardano, and Oryen are Three Must-Have Cryptos Before the 2023 Bull Run Starts

Solana, Cardano, and Oryen are Three Must-Have Cryptos Before the 2023 Bull Run Starts

by Crypto News
November 28, 2022
0

Should you carefully comply with the crypto market tendencies, you understand that 2023 might be a bullish yr for...

What’s Next For Cardano Price As It Auctions At $0.31?

What’s Next For Cardano Price As It Auctions At $0.31?

by Crypto News
November 28, 2022
0

The Cardano worth continues to endure a downtrend all through the month of November. Over the past 24 hours,...

Ethereum-Based Altcoin Explodes 750% in Just Two Months, Outrunning Bitcoin and Crypto Markets

Charles Hoskinson Says Failed Cardano Stablecoin Project a Total Loss on Investment, ‘Utterly Distasteful’

by Crypto News
November 28, 2022
0

Ethereum (ETH) co-founder Charles Hoskinson is addressing the difficulty regarding Ardana, a Cardano-based stablecoin undertaking that not too long...

Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million

Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million

by Crypto News
November 27, 2022
0

Tomiwabold Olajide Cardano has now surpassed earlier milestone reached in native tokens minted The Cardano blockchain has reached a...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

October 22, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Bitcoin set for a major move –  Altcoin action incoming FOLLOW OUR LIVE SHOWS

Bitcoin set for a major move – Altcoin action incoming FOLLOW OUR LIVE SHOWS

February 4, 2023
AO VIVO AGORA: Análise Fechamento criptomoedas Bitcoin hoje (BTC), Ethereum hoje (ETH) Cardano (ADA)

AO VIVO AGORA: Análise Fechamento criptomoedas Bitcoin hoje (BTC), Ethereum hoje (ETH) Cardano (ADA)

February 3, 2023
Live Crypto Profit🤑😍 Bitcoin short 🔽 #cryptocurrency #tradingstrategy #crypto #finance

Live Crypto Profit🤑😍 Bitcoin short 🔽 #cryptocurrency #tradingstrategy #crypto #finance

February 3, 2023
CARDANO PRICE DROPS, XRP GLOBAL EXPANSION

CARDANO PRICE DROPS, XRP GLOBAL EXPANSION

February 3, 2023

Recent News

Bitcoin set for a major move –  Altcoin action incoming FOLLOW OUR LIVE SHOWS

Bitcoin set for a major move – Altcoin action incoming FOLLOW OUR LIVE SHOWS

February 4, 2023
AO VIVO AGORA: Análise Fechamento criptomoedas Bitcoin hoje (BTC), Ethereum hoje (ETH) Cardano (ADA)

AO VIVO AGORA: Análise Fechamento criptomoedas Bitcoin hoje (BTC), Ethereum hoje (ETH) Cardano (ADA)

February 3, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News