Daily digest for NYC Crypto, on May 1, 2023

chefmatthew987 posted: " Sparklo (SPRK) Predicted by Analysts to Rise, Polkadot (DOT) and ...  NewsBTC " NYC Crypto Sparklo (SPRK) Predicted by Analysts to Rise, Polkadot (DOT) and … – NewsBTC chefmatthew987 May 1 Sparklo (SPRK) Predicted by Analysts to Rise, Polkadot (DOT) and ...  NewsBTC Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128127

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chefmatthew987 posted: " Polygon (MATIC), Polkadot (DOT), or Sparklo (SPRK)? Investors are ...  Euro Weekly News " NYC Crypto Polygon (MATIC), Polkadot (DOT), or Sparklo (SPRK)? Investors are … – Euro Weekly News chefmatthew987 May 1 Polygon (MATIC), Polkadot (DOT), or Sparklo (SPRK)? Investors are ...  Euro Weekly News Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128125

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chefmatthew987 posted: " The Wisdom of Time: Long-Term Investment Ideas for Savvy Investors  The Motley Fool " NYC Crypto The Wisdom of Time: Long-Term Investment Ideas for Savvy Investors – The Motley Fool chefmatthew987 May 1 The Wisdom of Time: Long-Term Investment Ideas for Savvy Investors  The Motley Fool Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128123

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chefmatthew987 posted: " ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty. " NYC Crypto First Mover Asia: Bitcoin, Ether Open Asia's Trading Week Flat chefmatthew987 Apr 30 ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty. Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128121

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chefmatthew987 posted: " Brooke Shields Celebrates New York Artists in Polka Dot Dress at Tribeca Ball 2023  WWD " NYC Crypto Brooke Shields Celebrates New York Artists in Polka Dot Dress at Tribeca Ball 2023 – WWD chefmatthew987 Apr 30 Brooke Shields Celebrates New York Artists in Polka Dot Dress at Tribeca Ball 2023  WWD Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128119

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chefmatthew987 posted: " Polkadot (DOT) Price Prediction 2025-2030: How far will Spacewalk take DOT?  AMBCrypto News " NYC Crypto Polkadot (DOT) Price Prediction 2025-2030: How far will Spacewalk take DOT? – AMBCrypto News chefmatthew987 Apr 30 Polkadot (DOT) Price Prediction 2025-2030: How far will Spacewalk take DOT?  AMBCrypto News Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128117

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chefmatthew987 posted: " I asked ChatGPT whether Polkadot could reach $10, its response was…  AMBCrypto News " NYC Crypto I asked ChatGPT whether Polkadot could reach $10, its response was… – AMBCrypto News chefmatthew987 Apr 30 I asked ChatGPT whether Polkadot could reach $10, its response was…  AMBCrypto News Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128115

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chefmatthew987 posted: " Cosmos (ATOM) And Polkadot (DOT) Eclipsed By The Success Of ...  Crypto News Flash " NYC Crypto Cosmos (ATOM) And Polkadot (DOT) Eclipsed By The Success Of … – Crypto News Flash chefmatthew987 Apr 30 Cosmos (ATOM) And Polkadot (DOT) Eclipsed By The Success Of ...  Crypto News Flash Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128113

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chefmatthew987 posted: " Cryptocurrencies Price Prediction: Dogecoin, Polkadot & Altcoins — American Wrap 05 April  FXStreet " NYC Crypto Cryptocurrencies Price Prediction: Dogecoin, Polkadot & Altcoins — American Wrap 05 April – FXStreet chefmatthew987 Apr 30 Cryptocurrencies Price Prediction: Dogecoin, Polkadot & Altcoins — American Wrap 05 April  FXStreet Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128111

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chefmatthew987 posted: " It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor.Bitcoin hashprice has dropped 58% in a yearUnsurprisingly, s" NYC Crypto Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023 chefmatthew987 Apr 30 It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor. Bitcoin hashprice has dropped 58% in a year Unsurprisingly, soaring electricity rates across the U.S. states have contributed to rising Bitcoin mining costs. Notably, between January 2022 and January 2023, the commercial electricity tariff surged at an average of 10.71% per U.S. state, higher than the average consumer price index surge of 6.4%. Average industrial rate rise between January 2022 and 2023. Source: EIA/Hashrate Index/Luxor Coupled with Bitcoin's downward performance in 2022, which saw a maximum drawdown from around $48,000 to below $15,000, it is evident that active miners generated consistent losses due to the increase in operational costs and lower returns. But this changed in Q1 of this year as the miners' hashprice, or the USD price per tera-hash per second per day (TH/s/d), rose 31% thanks to Bitcoin's price recovery toward $30,000. "Bleak as the new year looked at the outset, the lowest day for hashprice on a USD basis in Q1 was January 1," noted researchers at Hashrate Index, adding: "It was only up from there as a 70% rise resuscitated Bitcoin's price over the quarter, and along with it, hashprice." Bitcoin hashprice (in the dollar terms). Source: Hashrate Index/Luxor Which state is cheapest, most expensive to mine Bitcoin in?  New Mexico emerged as the cheapest and, in turn, more profitable state for Bitcoin miners in Q1 at $16,850 to mint one BTC. On the other hand, Hawaii was the most expensive at around $114,590. Regionally, the south and the midwestern US states are the most attractive for miners in terms of electricity. Power cost to produce 1 BTC across U.S. states. Source: EIA/Hashrate Index/Luxor More recently, some U.S. states, including Arkansas, Montana, Missouri, Mississippi, and others, have take concrete steps to protect crypto miners from excessive taxes and regulations. On the other hand, Texas has amended its utilities and tax codes, bolstering restrictions for crypto mining companies. Energy deflation could boost miners' profitability  Furthermore, the researchers anticipate the Bitcoin mining margins to grow further based on the U.S. Energy Information Association's (EIA) expectations of energy price deflation.  Related: Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives For instance, the agency expects the demand for electricity to drop by 1% in Q2, citing additional generation from renewable sources and cheaper natural gas prices. It further anticipates that natural gas prices will remain below $3 in 2023 from 2022's $6.45 average. Forecasts for wholesale electricity prices in the U.S. Source: Hashrate Index/Luxor/EIA Bitcoin mining stocks shine Lower operational costs could help otherwise cash-strapped Bitcoin mining companies survive in 2023. For example, the stock price of Core Scientific, an already bankrupt Bitcoin mining firm, has jumped over 450% YTD. Similarly, the HI Crypto Mining Stock Index has soared by more than 100% this year , showing a return of investor appetite for mining socks. Bitcoin mining stocks performance in 2023. Source: Hashrate Index/Luxor/EIA Hashrate Index researchers noted: "If the bitcoin price was to increase by an additional 40% to reach $42k this year, most mining stocks would rise by more than 50% from today's level, while the four-to-five biggest gainers would soar by more than 150%." This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128109

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chefmatthew987 posted: " Collateral Network (COLT) Presale Attracts Whales From Both ...  Analytics Insight " NYC Crypto Collateral Network (COLT) Presale Attracts Whales From Both … – Analytics Insight chefmatthew987 Apr 30 Collateral Network (COLT) Presale Attracts Whales From Both ...  Analytics Insight Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128107

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chefmatthew987 posted: " Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback?The recover" NYC Crypto Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days chefmatthew987 Apr 30 Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback? The recovery could face headwinds if the United States banking woes escalate further. JPMorgan Asset Management chief investment officer Bob Michele said in an interview with Bloomberg that the turmoil at First Republic Bank is unlikely to be limited to the bank only, and could cause a domino effect. Crypto market data daily view. Source: Coin360 If that happens, then the U.S. equity markets may witness a correction. However, it is difficult to predict how Bitcoin will react to such a crisis because, in the past few days, BTC price rose while legacy banking troubles deepened. But in case of a major upheaval in the U.S. banking sector, it is possible that Bitcoin will also face a correction sooner or later. In the near term, Bitcoin and select altcoins are showing strength. Let's study the charts of five cryptocurrencies that may outperform over the next few days. Bitcoin price analysis After two days of low volatile trading in Bitcoin, the bulls are trying to assert their supremacy on April 30. BTC/USDT daily chart. Source: TradingView The 20-day exponential moving average ($28,783) has started to turn up gradually and the relative strength index (RSI) is in the positive zone, indicating that the path of least resistance is to the upside. If bulls kick Bitcoin's price above $30,000, the BTC/USDT pair may climb to the overhead resistance zone of $31,000 to $32,400. Buyers may face formidable resistance at this zone but if it is crossed, the pair can soar toward $40,000. The 50-day simple moving average ($28,026) is the important support to keep an eye on. If BTC price collapses below this level, the bears will sense an opportunity and try to sink the pair to $25,250. BTC/USDT 4-hour chart. Source: TradingView The bears tried to yank the pair below the 20-EMA but the bulls held their ground. This may have attracted further buying and the bulls will next try to drive the price above $30,000. If they succeed, Bitcoin can rise to $30,500, or even $31,000. Conversely, if the price turns down and breaks below the 20-EMA, it will suggest that bears are selling near overhead resistance levels. The pair may then slip to the 50-SMA. The bulls will try to protect this level but if bears overpower them, the next stop is likely to be $27,000. Buyers are likely to defend the zone between $27,000 and $25,250 with all their might. Solana price analysis The bulls did not allow Solana (SOL) to break back below the downtrend line during the most recent leg of the correction, indicating demand at lower levels. SOL/USDT daily chart. Source: TradingView Buyers will next try to propel the price to the overhead resistance at $27.12. This remains the key resistance to watch for in the near term because if bulls catapult the price above it, the SOL/USDT pair may accelerate toward $39. This bullish view could invalidate in the near term if the price turns down and breaks below the moving averages. The pair could then plummet to the crucial support at $18.70. If the price rebounds off this level, it will signal that the pair may oscillate inside the large range between $18.70 and $27.12 for some time. SOL/USDT 4-hour chart. Source: TradingView The moving averages on the 4-hour chart have started to turn up and the RSI is in the positive territory, indicating that buyers are in control. The bears are trying to stall the recovery at $24 but if bulls overcome this barrier, the pair may pick up momentum and rally toward $25.50. If the bears want to prevent the rally, they will have to quickly tug the price back below the 20-EMA. The 50-SMA will be the support level to watch here if price begins to slide. Cosmos price analysis The long tail on Cosmos' (ATOM) April 26 candlestick shows that the bulls are fiercely defending the support at $10.20. ATOM/USDT daily chart. Source: TradingView Buyers have pushed the price above the moving averages and will try to reach the downtrend line. This is an important level to keep an eye on because a break and close above it will open the doors for a potential rally to $13.50 and then to $15.50. On the other hand, if the ATOM/USDT pair reverses direction from the downtrend line, it will suggest that bears are trying to form a descending triangle pattern. A decline below the moving averages will open the doors for a possible retest of $10.20. ATOM/USDT 4-hour chart. Source: TradingView The 20-EMA on the 4-hour chart has turned up and the RSI is near the overbought zone, indicating that bulls are in control. There is a minor hurdle at $12.13 but that is likely to be crossed. ATOM price may then rise to test the downtrend line. Instead, if the price turns down from $12.13, the bears will again try to sink the pair below the 20-EMA. If they manage to do that, it will suggest that the buyers may be losing their grip. The pair then risks a slide to the 50-SMA. Related: 'Good luck bears' — Bitcoin traders closely watch April close with BTC price at $29K Internet Computer price analysis Internet Computer (ICP) slipped below the 50-day SMA ($5.38) on April 26 but that proved to be a bear trap. The price turned up on April 27 and started a strong recovery. ICP/USDT daily chart. Source: TradingView The 20-day EMA ($5.74) has started to turn up and the RSI has jumped into positive territory, indicating that bulls have a slight edge. If the price does not give up much ground from the current level or rebounds off the 20-day EMA, it will suggest that the bulls are buying the dips. That will enhance the prospects of a rally to the downtrend line where the bears will again mount a strong defense. On the downside, a break below the 50-day SMA will tilt the advantage in favor of the bears. ICP/USDT 4-hour chart. Source: TradingView The 4-hour chart shows that the ICP/USDT pair is in a corrective phase. The first support is at the 20-EMA, which is close to the 38.2% Fibonacci retracement level of $6.14. If the price bounces off this support, the pair may rally to $7.23 and eventually to $7.70. Contrary to this assumption, if the price continues lower and breaks below the 20-EMA, it will suggest that the short-term bulls may be booking profits. That could pull the price to the 50-SMA, which is near the 61.8% retracement level of $5.72. Hedera price analysis The bears repeatedly tried to sink Hedera (HBAR) below $0.06 but the bulls held their ground. The failure to break the support attracted buyers who will try to push the price above the downtrend line. HBAR/USDT daily chart. Source: TradingView The 20-day EMA ($0.06) is flattening out and the RSI has climbed above the midpoint, indicating that the selling pressure is reducing. If buyers thrust the price above the resistance line, the bullish momentum may pick up and the HBAR/USDT pair could rally to the overhead resistance at $0.08. Contrarily, if the price turns down from the current level or the resistance line, it will suggest that the bears remain active at higher levels. That increases the possibility of a break below $0.06. HBAR/USDT 4-hour chart. Source: TradingView The 4-hour chart shows that the bulls flipped the moving averages into support and have launched an up-move that is likely to reach the resistance line. This level is expected to act as a strong resistance but on the way down, if the pair rebounds off the 20-EMA, it will suggest a change in sentiment from selling on rallies to buying on dips. The pair may then break above the resistance line and start its journey to $0.07 and subsequently to $0.08. If the bears want to gain the upper hand, they will have to quickly pull HBAR price below the moving averages. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. 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chefmatthew987 posted: " The place of Polkadot (DOT) in the crypto market will eventually be ...  NewsBTC " NYC Crypto The place of Polkadot (DOT) in the crypto market will eventually be … – NewsBTC chefmatthew987 Apr 30 The place of Polkadot (DOT) in the crypto market will eventually be ...  NewsBTC Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128103

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chefmatthew987 posted: " Bitcoin (BTC) narrowed volatility on April 30 as the weekly and monthly candle closes loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sees BTC price upside capped at $32,500Data from Cointelegraph Markets Pro and TradingView tr" NYC Crypto 'Good luck bears' — Bitcoin traders closely watch April close with BTC price at $29K chefmatthew987 Apr 30 Bitcoin (BTC) narrowed volatility on April 30 as the weekly and monthly candle closes loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sees BTC price upside capped at $32,500 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it loitered just above $29,000 throughout the weekend. After unsettled price action earlier in the week, Bitcoin returned to sideways trading, with markets witnessing an eerie calm despite the potential for volatility thanks to lower weekend liquidity. As such, traders were hopeful that no unwelcome surprises would greet the candle closes. $BTC / $USD - Update Stablecoin Sunday for #Bitcoin today please pic.twitter.com/4qphyAOssT — Crypto Tony (@CryptoTony__) April 30, 2023 "Nothing has changed," popular trader Elizy summarized in part of a recent Twitter analysis of the three-day chart. Elizy eyed a potential upside target of up to $32,500 in the event of a breakout, while the loss of a key trend line below spot price would be cause to "become really bearish." BTC/USD annotated chart. Source: Elizy/Twitter Fellow trader known as J focused on the monthly close, noting that BTC/USD now sat at a historically significant point based on behavior from throughout its current halving cycle. "On the monthly, we can see Bitcoin has rallied into the 2021 lows, which is a major resistance + supply area," he summarized. As part of the longer-term roadmap, the largest cryptocurrency should see "Chop + slightly down during May - Sep/Oct," J added, before performance picks up. BTC/USD annotated chart. Source: J/Twitter "Good luck bears" With little to work with on lower timeframes, others also resorted to examining strength on the weekly chart and higher. Related: Bitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets Among them was analyst Moustache, who noted support holding above key exponential moving averages (EMAs) like that which preceded major upside in previous years. "Imagine being bearish on BTC even though it has been forming support ABOVE the EMA ribbon bands for several weeks. Good luck bears," he commented. BTC/USD annotated chart. Source: Moustache/Twitter Last week, Moustache argued that "smart money" had already built BTC positions and was now waiting for the real upside to kick in. At the current spot price of $29,267, Bitcoin would go some way to cancel out the prior weekly candle losses were it to close without last-minute volatility. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView Magazine: Whatever happened to EOS? Community shoots for unlikely comeback This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128101

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chefmatthew987 posted: " Unprecedented Rally Ahead: Collateral Network (COLT) Poised For ...  Crypto News Flash " NYC Crypto Unprecedented Rally Ahead: Collateral Network (COLT) Poised For … – Crypto News Flash chefmatthew987 Apr 30 Unprecedented Rally Ahead: Collateral Network (COLT) Poised For ...  Crypto News Flash Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128099

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chefmatthew987 posted: " the prices of crypto: Amp, The Graph, Polkadot  The Cryptonomist " NYC Crypto the prices of crypto: Amp, The Graph, Polkadot – The Cryptonomist chefmatthew987 Apr 30 the prices of crypto: Amp, The Graph, Polkadot  The Cryptonomist Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128097

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chefmatthew987 posted: " Solana (SOL) Price Increases By 14%, Polkadot (DOT) and Cardano (ADA) Stabilize, Orbeon Protocol (ORBN)  Bitcoinist " NYC Crypto Solana (SOL) Price Increases By 14%, Polkadot (DOT) and Cardano (ADA) Stabilize, Orbeon Protocol (ORBN) – Bitcoinist chefmatthew987 Apr 30 Solana (SOL) Price Increases By 14%, Polkadot (DOT) and Cardano (ADA) Stabilize, Orbeon Protocol (ORBN)  Bitcoinist Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128095

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chefmatthew987 posted: " Polygon (MATIC) and Polkadot (DOT) Price Prediction, Filecoin (FIL ...  Analytics Insight " NYC Crypto Polygon (MATIC) and Polkadot (DOT) Price Prediction, Filecoin (FIL … – Analytics Insight chefmatthew987 Apr 30 Polygon (MATIC) and Polkadot (DOT) Price Prediction, Filecoin (FIL ...  Analytics Insight Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128093

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chefmatthew987 posted: " 2023 Crypto Investment Opportunities: Tron (TRX), Polkadot (DOT ...  NewsBTC " NYC Crypto 2023 Crypto Investment Opportunities: Tron (TRX), Polkadot (DOT … – NewsBTC chefmatthew987 Apr 30 2023 Crypto Investment Opportunities: Tron (TRX), Polkadot (DOT ...  NewsBTC Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128091

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chefmatthew987 posted: " TMS Network (TMSN) Exceeds Expectations With Success of Its Presale, Conflux (CFX) Gets Massive Growth,  Bitcoinist " NYC Crypto TMS Network (TMSN) Exceeds Expectations With Success of Its Presale, Conflux (CFX) Gets Massive Growth, – Bitcoinist chefmatthew987 Apr 30 TMS Network (TMSN) Exceeds Expectations With Success of Its Presale, Conflux (CFX) Gets Massive Growth,  Bitcoinist Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128089

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chefmatthew987 posted: " DigiToads (TOADS) continues to impress as Polkadot (DOT) and ...  Cyprus Mail " NYC Crypto DigiToads (TOADS) continues to impress as Polkadot (DOT) and … – Cyprus Mail chefmatthew987 Apr 30 DigiToads (TOADS) continues to impress as Polkadot (DOT) and ...  Cyprus Mail Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128087

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chefmatthew987 posted: " Price Predictions: Polkadot (DOT) vs. Cardano (ADA)? DigiToads Set for the Huge Gains after ICO Launch |  Bitcoinist " NYC Crypto Price Predictions: Polkadot (DOT) vs. Cardano (ADA)? DigiToads Set for the Huge Gains after ICO Launch | – Bitcoinist chefmatthew987 Apr 30 Price Predictions: Polkadot (DOT) vs. Cardano (ADA)? DigiToads Set for the Huge Gains after ICO Launch |  Bitcoinist Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128085

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chefmatthew987 posted: " Cosmos Hub, Polkadot [DOT], and its impact on ATOM: Analyzing it all  AMBCrypto News " NYC Crypto Cosmos Hub, Polkadot [DOT], and its impact on ATOM: Analyzing it all – AMBCrypto News chefmatthew987 Apr 30 Cosmos Hub, Polkadot [DOT], and its impact on ATOM: Analyzing it all  AMBCrypto News Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128083

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chefmatthew987 posted: " Advancing The Adoption Of Crypto: The Major Interoperability ...  NewsBTC " NYC Crypto Advancing The Adoption Of Crypto: The Major Interoperability … – NewsBTC chefmatthew987 Apr 30 Advancing The Adoption Of Crypto: The Major Interoperability ...  NewsBTC Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128081

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chefmatthew987 posted: " Chainlink (LINK) and Polkadot (DOT) Pump As The Candles Go ...  Cryptonews " NYC Crypto Chainlink (LINK) and Polkadot (DOT) Pump As The Candles Go … – Cryptonews chefmatthew987 Apr 30 Chainlink (LINK) and Polkadot (DOT) Pump As The Candles Go ...  Cryptonews Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128079

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chefmatthew987 posted: " Price Prediction: Which Crypto Will Bring Better Returns in 2023 ...  NewsBTC " NYC Crypto Price Prediction: Which Crypto Will Bring Better Returns in 2023 … – NewsBTC chefmatthew987 Apr 30 Price Prediction: Which Crypto Will Bring Better Returns in 2023 ...  NewsBTC Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128077

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chefmatthew987 posted: " Over the past few weeks, the price of Cardano has experienced significant volatility. The altcoin initially rose from $0.37 but was later rejected at $0.45. However, over the last 24 hours, there has been a slight increase of 1.3%, while the weekly ch" NYC Crypto Cardano Price Analysis: $0.46 Hinges On Breaching This Level chefmatthew987 Apr 30 Over the past few weeks, the price of Cardano has experienced significant volatility. The altcoin initially rose from $0.37 but was later rejected at $0.45. However, over the last 24 hours, there has been a slight increase of 1.3%, while the weekly chart indicates a 6.2% price increase. The technical analysis of ADA suggests that the bulls are attempting to take control of the price. Demand and accumulation showed signs of recovery. Despite the slow progress in the ADA price, there is a critical resistance level that must be surpassed to trigger a rally. For the bulls to gain further momentum, buying strength must increase significantly in the upcoming trading sessions. Additionally, major altcoins have been stagnant due to Bitcoin's difficulty in reaching $30,000. If BTC reclaims this level, it could propel ADA bulls to drive up the price in the subsequent trading sessions. Furthermore, the market capitalization of ADA has recovered, indicating that buying pressure is returning to the market. Cardano Price Analysis: One-Day Chart Cardano was priced at $0.40 on the one-day chart | Source: ADAUSD on TradingView At the time of writing, ADA was trading at $0.40. The overhead resistance was $0.42. This level has proven to be a significant hurdle for Cardano in the past, and multiple attempts to break through it have been unsuccessful. However, if ADA manages to move above this resistance level, it could trigger a rally and push the price towards $0.46. On the other hand, if the price falls from its current level, the support level stands at $0.39. If ADA fails to remain above this support level, it could lead to a drop in price to $0.36. The amount of ADA traded in the last session turned green, indicating an influx of buyers. Technical Analysis Cardano noted a recovery in buying strength on the one-day chart | Source: ADAUSD on TradingView While there has been a slight uptick in demand for ADA, the buying strength on the daily chart has seen a slight downtick. The Relative Strength Index remains above the half-line, suggesting that buyers still have control of the market. However, Cardano's movement below the 20-Simple Moving Average line indicates that sellers may take over soon as the demand is not adequate. This reading implies that sellers are driving the price momentum in the market. Cardano depicted sell signals on the one-day chart | Source: ADAUSD on TradingView ADA formed sell signals in line with other indicators. The Moving Average Convergence Divergence showed red histograms under the half-line, indicating a signal to sell, based on price momentum and reversals. The Directional Movement Index was negative, indicating negative price momentum, with the -DI line (orange) above the +DI line (blue). The Average Directional Index (Red) was nearing 20, indicating that the current price action lacked strength. Featured Image From UnSplash, Charts From TradingView.com Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128075

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chefmatthew987 posted: " TMS Network (TMSN) Leads Polkadot (DOT) & Cosmos (ATOM) in ...  Cryptopolitan " NYC Crypto TMS Network (TMSN) Leads Polkadot (DOT) & Cosmos (ATOM) in … – Cryptopolitan chefmatthew987 Apr 30 TMS Network (TMSN) Leads Polkadot (DOT) & Cosmos (ATOM) in ...  Cryptopolitan Comment Unsubscribe to no longer receive posts from NYC Crypto. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://nyccrypto.io/?p=128073

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