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Solana price analysis: SOL price moves down to $21.37 as an inventive trading platform rises on the horizon

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Solana’s price has fallen to $21.37, as per the latest price analysis. The market has seen slight volatility, but the trend remains bearish. The bears are pushing the price downwards, and the resistance is at $22.22 while the support level is at $21.07. The one-day and four-hour price charts continue the bearish trend, with indicators suggesting further downside potential. The MACD and RSI indicators are currently in the bearish zone, and both EMA’s are sloping downwards, indicating a path of least resistance towards the downside.

Meanwhile new hybrid trading exchange Tradecurve.io has burst onto the scene and is already being tipped for 80x price growth. 

Solana Bears Dominate: SOL Downfall to $21.37 in 1-Day Chart Analysis

According to the latest price analysis, Solana (SOL) continues to experience a bearish trend on the 1-day price chart. The bears have regained their momentum and are driving the price down consistently. The market experience slight volatility in the last 24 hours, but the overall trend seems bearish. The current price is at $21.37, which is a significant decline from its recent highs.

SOL/USD 24-hour price chart. Source: TradingView

Solana’s price levels have declined and met the $21.07 support level, while resistance remains at $22.22. Bears are determined to maintain their bearish slide, pushing the price further below its current value, resulting in a 4.08 percent decrease in the last 24 hours.

The exponential moving averages all show a bearish trend, with the 50-day EMA ($22.25) closest to the candlesticks, and the 200-day EMA ($25.00) further away, indicating that the market is likely to continue its downward trend.

The MACD indicator confirms the bears’ control of the market momentum, being in the bearish zone with the signal line above the candlesticks. The RSI indicator indicates no oversold or overbought conditions at this time. In summary, Solana’s 1-day price analysis indicates a bearish trend, and bears are expected to dominate the market in the near future. 

An inventive trading platform rises on the horizon

While Solana (SOL) experiences a bearish trend, an innovative trading platform has been making waves in the crypto space. Tradecurve ($TCRV) is a new trading hybrid exchange that will allow users to trade cryptocurrencies, stocks, forex, and commodities from one account. With high leverage starting from 500:1 and algorithmic trading, Tradecurve offers unique and exclusive features, including VIP account services, deposit bonuses, and negative balance protection.

Tradecurve allows users to deposit crypto and use it as collateral to trade derivatives without the need to complete strenuous KYC requirements. This hybrid exchange enables users to trade global asset classes while protecting their privacy through DeFi capabilities.

TCRV is the native token of the platform, and is available to purchase via the presale at a current price of $0.01. With so many analysts bullish about this project the price of the token is expected to grow upwards of 2000% over the next few months.

As the crypto market continues to fluctuate, innovative platforms like Tradecurve (TCRV) may provide a much-needed solution for savvy traders looking to diversify their portfolios and trade with ease.

Buy presale: https://app.tradecurve.io/sign-up

Website: https://tradecurve.io/

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official

Sparklo (SPRK) Gains Huge Momentum With Stage Two Presale After IOTA (MIOTA) Reaches New Milestone

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The blockchain space is growing exponentially and there are currently over 24,000 cryptocurrencies for investors and traders to pick from. As a direct result of this, the decision can be difficult to make when it comes to choosing the right cryptocurrency to diversify with. While some might go towards a more safe route and invest in IOTA (MIOTA) or other well-established projects, as evident by its recent decrease, this cannot always guarantee significant returns in value.

Many of the savviest investors out there know that the most significant gains in the Web3 space are often made through projects in their presale stages and Sparklo is one such project. Today, we will jump into everything it has to offer.

Sparklo (SPRK) to change the way investors get into silver, gold and platinum bars

Sparklo is one of the latest and most innovative blockchain-based platforms that is being developed with the objective of making it as simple as possible for people to begin making investments in precious metals online. Through the usage of Sparklo, anyone will be able to purchase fractions of an NFT, which is directly backed by the underlying physical asset, which can be a gold bar, silver bar, or platinum bar.

Moreover, Sparklo has also been audited by the InterFi Network and is fully secure, the team completed a KYC verification process and they will also lock the liquidity for a total of 100 years in order to maintain as much security as possible. The SPRK token is based on the Ethereum blockchain and follows the ERC-20 token standard.

During its stage two presale period, as of May 15, 2023, the SPRK token trades at a value of just $0.022. Today, there is a 75% bonus on any purchases made of the altcoin for investors, so if an investor buys 10,000 SPRK, they would receive 17,500 as 7,500 would come as a bonus. Analysts have also predicted that the value of the SPRK token will increase by 1,500% by the end of the year and this makes it one of the most significant projects to invest in throughout 2023.

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IOTA (MIOTA) reaches new Shimmer EVM milestone but dips in value

On May 15, 2023,  the IOTA (MIOTA) team shared updates surrounding the nearing end of the Treasures of Shimmer event and showcased that some of the most significant milestones that the Shimmer EVM reached were 10 million in total transactions, an average block time of 1.2 seconds and over 6,000 created smart contracts.

Moreover, the IOTA (MIOTA) team also showcased an entire playlist published on YouTube surrounding all of the information developers need.

As for the value of the IOTA (MIOTA) cryptocurrency, on May 15, 2023, IOTA (MIOTA) traded at $0.179496. In the last 30 days, IOTA (MIOTA) saw a significant decrease in its value by 20.3%, which worried investors.

Find out more about the presale:

  • Buy Presale: https://invest.sparklo.finance
  • Website: https://sparklo.finance
  • Twitter: https://twitter.com/sparklo_finance
  • Telegram: https://t.me/sparklofinance

Litecoin (LTC) Ordinals Hype Spikes, Binance Coin (BNB) Bear Undeterred, TMS Network (TMSN) Gains Massive Investors

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One of the hallmarks of the crypto industry is the large number of digital assets which afford investors the opportunity to constantly seek out projects with great opportunity as they diversify their portfolios.

TMS Network (TMSN) is a new project making waves in the Litecoin (LTC) and Binance Coin (BNB) ecosystem, drawing the attention of investors to its innovative platform that promises to change the landscape of crypto trading.

Litecoin (LTC)

Litecoin (LTC), the second-oldest crypto created to be a better version of Bitcoin, continues to do all it can to keep up with the number one crypto. Following the popularity of ordinals on Bitcoin, Litecoin (LTC) last week launched the LTC-20 token standard. Similar to BRC-20, the new token standard now allows the deployment of ordinals (a form of non-fungible tokens) on the Litecoin network.

The launch has been met with significant interest from Litecoin (LTC) users. On-chain data shows that Litecoin (LTC) has processed 585,000 transactions – an increase of over 500% from last week. It is also the highest number of transactions ever recorded on the Litecoin (LTC) network since its launch in 2011.

However, despite the spike in network activity, the price of Litecoin (LTC) has not enjoyed the same bullish sentiment. Over the last 24 hours, the price of Litecoin (LTC) has fallen by 2.7% and as much as 10% over the last week. At the time of this writing, Litecoin (LTC) trades at $79.33.

Binance Coin (BNB)

Binance Coin (BNB), the native token of the Binance exchange, has been in a bearish cycle in the cryptocurrency market recently. Despite initial bullish attempts to drive the Binance Coin’s (BNB) price higher in the $320-$325 range, the bears took control and caused a significant downturn.

Currently, Binance Coin (BNB) is seeking support around the $300 level amidst the prevailing volatility in the market. As one of the leading cryptocurrencies in terms of market capitalization, Binance Coin (BNB) has enjoyed popularity among traders and investors.

However, the recent price movements have raised concerns about the future outlook of Binance Coin (BNB). To regain bullish momentum, Binance Coin (BNB) would need a substantial increase in trading volume. At present, the price of Binance Coin (BNB) stands at $306.50, losing 1.57% of its value in the last 24 hours.

TMS Network (TMSN)

Traditional trading platforms have long been plagued with asset limitations, high trading fees, and price manipulation, among other problems. Recognizing these challenges, the TMS Network (TMSN) has built a pioneer all-inclusive trading platform that will revolutionize the traditional trading industry.

Not stopping at that, the TMS Network (TMSN) will allow cryptocurrency traders to use their digital assets to trade forex, stocks, and other derivatives. The platform is quickly garnering a lot of interest from traders and investors alike, with whales from the Litecoin (LTC) and Binance Coin (BNB) ecosystems buying into the project.

Built on the Ethereum network, users of the TMS Network (TMS) will enjoy a seamless and enjoyable trading experience along with instantaneous transaction processing and no FIAT payment. The native TMS Network (TMSN) will allow holders to also earn commissions from their trades – the more you trade, the more commissions you earn.

The TMS Network (TMSN) token is currently in presale, and you can buy into the project for as low as $0.088 per token and get a whopping 50% bonus on purchases. Buy now before the token’s price skyrockets. Find out more about the TMS Network (TMSN) presale:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/tmsnetwork_io

Stage Three Uwerx (WERX) Presale A Success As Space ID (ID) And SingularityNET (AGIX) Gains Attraction

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Being privy to special events like launches and Initial Coin Offerings (ICOs) helps investors beef up their portfolios with great projects like Uwerx.

As Uwerx hits another milestone, many analysts are optimistic about its ability to surpass expectations and gain the status of already established and successful projects.

This article will highlight analysts’ confidence in Uwerx and why you should consider participating in the presale of this fantastic project.

Start Your AI Journey with SingularityNet (AGIX)

SingularityNet (AGIX) is a decentralized AI platform on the Cardano (ADA) and Ethereum (ETH) blockchains. It is the world’s first AI platform that lets developers create, share, and even monetize AI services and products on a large scale.

The network has done quite well, as it trades at $0.21. It has a global market cap of over $320.90M and a total circulating supply of 1.21 billion AGIX tokens.

SingularityNet’s (AGIX) ecosystem comprises 13 protocols that service all its components, including its custom coding language, Me TTa. The network plans to release the alpha version of its coding language by the end of 2023.

Even though analysts predict that AGIX tokens will be one of the most bullish tokens on the market, SingularityNet (AGIX) may still have a long way to go. The network hopes that Microsoft’s deal with ChatGPT will cement the future of AI and possibly increase its market value.

Strengthening DeFi Networks Through Space ID (ID)

In the past 12 days, Space ID (ID) has experienced a sharp decrease in user activity, with a 42.89% drop in wallet activities and transactions. Its current price has decreased below its 20 to 50-day moving averages. This performance could suggest a bearish trend in the coming months.

Space ID (ID) is a decentralized platform that aims to create a network of trading and management for Web3 domains. The developers behind Space ID (ID) designed it to improve stability and user ability within decentralized economies and applications.

Through its commitment to establishing Web3 applications across DeFi, Space ID (ID) aims to eliminate different products from multiple domains, help users understand and manage Web3 domains, and serve as a medium between decentralized structures and the digital world.

ID’s market value is $0.531, with a market cap of $160 million. Analysts say prices might reach $0.57 in the next 15 days. Despite its rocky New Year’s start, Space ID (ID) might experience massive profits by Q4 2023.

Uwerx (WERX): Integrating Blockchain Into Freelancing

The freelance industry estimates that over 76% of businesses are more likely to hire independent contractors over full-time employees. This stat indicates a positive trend in freelancing and might be a good sign for the yet-to-launch project, Uwerx. Uwerx has quickly become popular among cryptocurrency investors and will likely stay that way.

It aims to become the world’s first blockchain-based freelance platform to prioritize its users and services over profits. Uwerx has launched many successful campaigns and policies over the past few weeks.

With these campaigns, the platform hopes to pique people’s interest in the freelance market and eventually add more users to its fast-growing network. With stage four in progress, Uwerx aims to perform better than the previous three stages.

Initially set at 60,000,000 tokens, stage four token allocations have increased to 77,500,000, and a new stage five will feature 72,500,000 tokens.

The total presale token is 427,500,000, and with stages one, two, and three performing brilliantly quickly, Uwerx has beaten analysts’ expectations. The launch price has been revised from $0.09 – $0.11 to $0.095 – $0.115 to match the project’s success.

Uwerx’s presale allocation will increase by 12% to accommodate its growing demand as its founding members give up more of their shares to the project. All these changes are supported by the audit stamps from SolidProof and InterFi.

The Uwerx team have been working on its mega project, the Alpha version of the platform for a while now, and is glad to announce that it will be available by next week. The Alpha version will operate a transparent and easy-to-use interface.

Uwerx will likely rise to $1.76 by the end of Q4 2023 and $2.01 by Q2 2024. Investors’ security is guaranteed as the team will lock their developer liquidity for 25 years. These developers will also renounce their claim to the project’s smart contract once it lists on exchanges.

Before you go ahead with your next significant investment, you should consider Uwerx. While the successes of projects like Space ID (ID) and SingularityNet (AGIX) speak for themselves, they might need more time to keep up with the constant changes in the market. Uwerx is offering better, and you can become a part of its offering by following the links below.

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network

Sparklo (SPRK) Securing A Better Investment Plan Than Monero (XMR) and Stellar (XLM)

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In recent years, the use of cryptocurrencies as a form of substitute investing has grown significantly. The well-known cryptocurrencies are Bitcoin and Ethereum, but newcomers like Sparklo are increasingly making headlines in the market. The aspects of Sparklo will be examined in this article to show how they contribute to its status as a cutting-edge method of precious metal blockchain investment. 

Sparklo (SPRK) making precious metals available for investors

Sparklo, which was intended to allow low-income individuals to trade in precious metals like gold, silver and platinum, has made quite a stir in the cryptocurrency industry. The one-of-a-kind platform will allow traders and investors to invest and trade in NFTs backed by actual premium properties on a fractional basis.

The NFTs, backed by Silver, Gold and Platinum, are therefore fractionally minted by inventors; for individuals who purchase the entire NFT, the underlying asset can be sent to any given address. Additionally, the site will work with jewelry retailers to offer new products exclusively to investors at a discount.

During the presale of the Sparklo cryptocurrency, the SPRK token trades at a value of just $0.022 with an additional 30% bonus for early investors. Moreover, the platform has been audited by the InterFi Network and the team completed their KYC verification process. Liquidity will be locked for a total of 100 years and analysts predict an increase in its value by 1,500%. Click the link below to be an early investor.

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Monero (XMR) at critical resistance as selling pressure intensifies

Digital currency Monero (XMR) is decentralized. Users can exchange Monero for products, services and other cryptocurrencies safely and affordably. When demand exceeds supply, the price of Monero (XMR) increases and when supply does so, the price declines. Additionally, Monero offers users the confidentiality and anonymity of their transactions. The secret nature of every transaction makes Monero (XMR) undetectable. Three important technologies—stealth addresses, ring signatures and RingCT—mask every transaction’s sender, receiver and amount.

Monero (XMR) has developed a reputation as a preferred cryptocurrency on the darknet due to its superior privacy and anonymity features to most cryptocurrencies, including Bitcoin (BTC). The price of Monero (XMR)is moving close to resistance. With a region of $152.57 as support and $155.57 as resistance. This puts Monero (XMR) in a position where it may face future selling pressures since it may be overextended. In the past week, Monero (XMR) cost has increased by 2.22%. Monero has fallen by 70.09% from its previous record high of $517.62.

Is Stellar (XLM) going up or its a bull trap?

The Stellar (XLM) payment network is powered by Stellar’s cryptocurrency, the Stellar Lumen (XLM). By enabling near-instantaneous and safe transactions between banks, payment systems and private users, Stellar (XLM), a cross-border transfer and payment system that links financial entities, seeks to integrate the global financial infrastructure. Stellar (XLM) seeks to connect money in the same way that the Internet-connected links systems worldwide to enable the free, worldwide exchange of knowledge.

Stellar (XLM) is not organized as a business or bank to achieve this aim while remaining impartial. In its place, a nonprofit organization, the Stellar Development Foundation, supports a distributed, open network. Recent market analysis shows that Stellar (XLM) has been less volatile than cryptocurrency. XLM has decreased 1.35% on Wednesday, reaching a current price of $0.0898. With a $33,355,369 trading volume over the past 24 hours. Stellar (XLM) maximum supply is capped at 50,001,806,812 XLM.

 

Find out more about the presale:

  • Buy Presale: https://invest.sparklo.finance
  • Website: https://sparklo.finance
  • Twitter: https://twitter.com/sparklo_finance
  • Telegram: https://t.me/sparklofinance