\n
\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

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\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

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Follow The Distributed

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\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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ADVERTISEMENT
\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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ADVERTISEMENT
\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n
\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Chiliz (CHZ) Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is still unable to show positive signs and continues to face a deep trust crisis. The collapse of the FTX created unprecedented market turmoil that could last for several more months, and there are still fears that the collapse of the FTX could drag some other big exchanges into the mud.<\/p>\n\n\n\n

Chiliz (CHZ) Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to Greg Jensen, investors have yet to price in the coming multiyear recession that could weigh on stocks and cryptocurrencies even more. January 2023 could be a tough month for Chiliz (CHZ), and it is important to note that the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark.<\/p>\n\n\n\n

The cryptocurrency market is still unable to show positive signs and continues to face a deep trust crisis. The collapse of the FTX created unprecedented market turmoil that could last for several more months, and there are still fears that the collapse of the FTX could drag some other big exchanges into the mud.<\/p>\n\n\n\n

Chiliz (CHZ) Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\"During periods of high inflation like what the U.S. economy is experiencing today, recessions tend to last longer unless central banks slash interest rates quickly. You haven't seen the bottom in risky assets, and it's going to be a couple of years down cycle here.\"<\/em><\/p>\n\n\n\n

According to Greg Jensen, investors have yet to price in the coming multiyear recession that could weigh on stocks and cryptocurrencies even more. January 2023 could be a tough month for Chiliz (CHZ), and it is important to note that the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark.<\/p>\n\n\n\n

The cryptocurrency market is still unable to show positive signs and continues to face a deep trust crisis. The collapse of the FTX created unprecedented market turmoil that could last for several more months, and there are still fears that the collapse of the FTX could drag some other big exchanges into the mud.<\/p>\n\n\n\n

Chiliz (CHZ) Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The U.S. Federal Reserve, the European Central Bank, and the Bank of England hiked the benchmark interest rate by 50 basis points last week and signaled that it would keep lifting interest rates in 2023 in order to bring down inflation. Investors continue to worry that higher interest rates will harm the global economy, and the outlook for risk appetite in the near term is not looking good. Bridgewater Associates co-chief investment officer Greg Jensen said<\/a>:<\/p>\n\n\n\n

\"During periods of high inflation like what the U.S. economy is experiencing today, recessions tend to last longer unless central banks slash interest rates quickly. You haven't seen the bottom in risky assets, and it's going to be a couple of years down cycle here.\"<\/em><\/p>\n\n\n\n

According to Greg Jensen, investors have yet to price in the coming multiyear recession that could weigh on stocks and cryptocurrencies even more. January 2023 could be a tough month for Chiliz (CHZ), and it is important to note that the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark.<\/p>\n\n\n\n

The cryptocurrency market is still unable to show positive signs and continues to face a deep trust crisis. The collapse of the FTX created unprecedented market turmoil that could last for several more months, and there are still fears that the collapse of the FTX could drag some other big exchanges into the mud.<\/p>\n\n\n\n

Chiliz (CHZ) Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Chiliz (CHZ), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. The risk of further decline for Chiliz is still not over, especially after hawkish messages from major central banks.<\/p>\n\n\n\n

The U.S. Federal Reserve, the European Central Bank, and the Bank of England hiked the benchmark interest rate by 50 basis points last week and signaled that it would keep lifting interest rates in 2023 in order to bring down inflation. Investors continue to worry that higher interest rates will harm the global economy, and the outlook for risk appetite in the near term is not looking good. Bridgewater Associates co-chief investment officer Greg Jensen said<\/a>:<\/p>\n\n\n\n

\"During periods of high inflation like what the U.S. economy is experiencing today, recessions tend to last longer unless central banks slash interest rates quickly. You haven't seen the bottom in risky assets, and it's going to be a couple of years down cycle here.\"<\/em><\/p>\n\n\n\n

According to Greg Jensen, investors have yet to price in the coming multiyear recession that could weigh on stocks and cryptocurrencies even more. January 2023 could be a tough month for Chiliz (CHZ), and it is important to note that the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark.<\/p>\n\n\n\n

The cryptocurrency market is still unable to show positive signs and continues to face a deep trust crisis. The collapse of the FTX created unprecedented market turmoil that could last for several more months, and there are still fears that the collapse of the FTX could drag some other big exchanges into the mud.<\/p>\n\n\n\n

Chiliz (CHZ) Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened from $0.30 to $0.10 since November 07, 2022, and the current price stands at $0.11. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see CHZ at a lower price level than the current price.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below. According to technical analysis, Chiliz (CHZ) remains in a bear market, but if the price jumps above $0.13, the next target could be resistance that stands at $0.15.<\/p>\n\n\n\n

Summary Of Chiliz Price Prediction<\/h2>\n\n\n\n

The price of Chiliz (CHZ) has weakened more than 60% since November 07, and the risk of further decline is still not over. The current support level stands at $0.10, and a break below this level would indicate that we could see CHZ at $0.09 or even below.<\/p>\n","post_title":"Chiliz (CHZ) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chiliz-chz-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:56:30","post_modified_gmt":"2023-04-10 07:56:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8949","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8838,"post_author":"14","post_date":"2022-12-16 04:35:13","post_date_gmt":"2022-12-15 17:35:13","post_content":"\n

Algorand (ALGO) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for ALGO is still not over, especially after the U.S. Federal Reserve signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Bitcoin Exchange Reserves Hit New Lows<\/a><\/p>\n\n\n\n

The sentiment on the cryptocurrency market has plummeted again, and we could probably see new lows for ALGO in the days ahead. The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, and it is important to note that the federal funds rate is now in a range of 4.25% to 4.5%, which is the highest level since the 2007 year.<\/p>\n\n\n\n

The U.S. economy faces recession risk that could dent corporate earnings, and according to many analysts, stocks and cryptocurrencies would not make any significant jump until the U.S. Federal Reserve shifts its policy from \"hawkish\" and goes back to monetary easing.<\/p>\n\n\n\n

Algorand (ALGO) Technical Analysis<\/h2>\n\n\n\n

Algorand (ALGO) has weakened from $0.44 to $0.20 since November 07, and the current price stands at $0.21. The price continues to move below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Algorand
ALGO\/USD<\/a> Source: TradingView<\/figcaption><\/figure>\n\n\n\n

Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20, and a break below this level would indicate that we could see ALGO at $0.18 or even below. The upside potential remains limited for now; still, if the price of Algorand (ALGO) jumps above $0.30, the next target could be $0.35.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The U.S. Federal Reserve hiked the benchmark interest rate by 50 basis points this Wednesday, while Fed policymakers forecasted that the central bank's rate will reach a range of 5% to 5.25% by the end of 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Algorand (ALGO) might have a hard time holding above the current support level, which stands at $0.20.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise<\/a><\/p>\n","post_title":"Algorand (ALGO) Price Prediction After Fed Hiked Interest Rates, Again","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"algorand-algo-price-prediction-after-fed-hiked-interest-rates-again","to_ping":"","pinged":"","post_modified":"2023-04-10 18:03:02","post_modified_gmt":"2023-04-10 08:03:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8838","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8751,"post_author":"14","post_date":"2022-12-11 05:50:07","post_date_gmt":"2022-12-10 18:50:07","post_content":"\n

The cryptocurrency market is trading sideways after a few days of decline, and traders are waiting to see what will happen at the next Federal Reserve meeting, which is scheduled for December 13. It is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes, but if this happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Dogecoin (DOGE) is showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its recent lows reached on November 21. Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

Technical Analysis of Dogecoin (DOGE)<\/h2>\n\n\n\n

The price of Dogecoin (DOGE) has advanced from $0.07 to $0.11 since November 21, and the current price stands at $0.096. DOGE was in the red during Friday\u2019s session, but this decline comes as traders have seemingly moved to secure gains following a recent surge in price.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

The first resistance level for DOGE stands at $0.11, and if the price advances above this level again, the next target could be $0.12. Traders should also consider that the price of DOGE is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18,000, we may see DOGE at a higher price level than the current price. The current support level is $0.090, and if the price breaks this level, we could see DOGE at $0.085 or even below.<\/p>\n\n\n\n

Technical Analysis of Shiba Inu (SHIB)<\/h2>\n\n\n\n

Shiba Inu (SHIB) has been outperforming DOGE in the last several hours, but despite a slight rise, SHIB has not accumulated enough power for continued growth and the possibility of stabilizing above the $0.000010 level.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

It is also important to note that the trading volume still remains low, which means that traders are not willing to buy at current levels. According to technical analysis, SHIB remains in a bear market, but if the price advances above $0.000010, the next target could be $0.000012. The important support level stands at $0.0000080, and a break below this level would indicate that we could see SHIB at $0.0000070 or even below.<\/p>\n","post_title":"DOGE and SHIB Price Analysis for December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"doge-and-shib-price-analysis-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:10:17","post_modified_gmt":"2023-04-10 08:10:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8751","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n
\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

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\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

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\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"SHIB<\/figure>\n\n\n\n

SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

\"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

AAVE Price Prediction<\/h2>\n\n\n\n

AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

\"AAVE
AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

\"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

\"QNT
QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

Quant Price Prediction For Janurary<\/h2>\n\n\n\n

The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

\"Sandbox<\/figure>\n\n\n\n

The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

\"Basic
Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

Table Of Contents<\/h2>

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • A failure to exceed $0.000015 may force the price to move below the 10 MA and return to the current support at $0.000010.<\/li>\n<\/ul>\n\n\n\n
    \"SHIB<\/figure>\n\n\n\n

    SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

    Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

    The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

    Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

    The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

    This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

    Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

    Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

    Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

    \"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

    AAVE Price Prediction<\/h2>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

    \"AAVE
    AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

    AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

    QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

    On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

    \"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

    Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

    The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

    \"QNT
    QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

    Quant Price Prediction For Janurary<\/h2>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

    This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

    Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

    The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

    Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

    Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

    Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

    \"Basic
    Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

    BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

    Table Of Contents<\/h2>

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • If the price exceeds the current resistance, the next upside target for SHIB will be $0.000020.<\/li>\n\n\n\n
  • A failure to exceed $0.000015 may force the price to move below the 10 MA and return to the current support at $0.000010.<\/li>\n<\/ul>\n\n\n\n
    \"SHIB<\/figure>\n\n\n\n

    SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

    Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

    The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

    Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

    The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

    This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

    Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

    Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

    Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

    \"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

    AAVE Price Prediction<\/h2>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

    \"AAVE
    AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

    AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

    QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

    On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

    \"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

    Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

    The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

    \"QNT
    QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

    Quant Price Prediction For Janurary<\/h2>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

    This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

    Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

    The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

    Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

    Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

    Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

    \"Basic
    Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

    BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

    Table Of Contents<\/h2>

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • The meme-coin has the potential to hit the next resistance at $0.000015 following the current bullish momentum.<\/li>\n\n\n\n
  • If the price exceeds the current resistance, the next upside target for SHIB will be $0.000020.<\/li>\n\n\n\n
  • A failure to exceed $0.000015 may force the price to move below the 10 MA and return to the current support at $0.000010.<\/li>\n<\/ul>\n\n\n\n
    \"SHIB<\/figure>\n\n\n\n

    SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

    Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

    The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

    Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

    The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

    This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

    Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

    Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

    Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

    \"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

    AAVE Price Prediction<\/h2>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

    \"AAVE
    AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

    AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

    QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

    On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

    \"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

    Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

    The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

    \"QNT
    QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

    Quant Price Prediction For Janurary<\/h2>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

    This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

    Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

    The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

    Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

    Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

    Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

    \"Basic
    Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

    BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

    Table Of Contents<\/h2>

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • The price is above 10 MA, indicating a bullish market bias.<\/li>\n\n\n\n
  • The meme-coin has the potential to hit the next resistance at $0.000015 following the current bullish momentum.<\/li>\n\n\n\n
  • If the price exceeds the current resistance, the next upside target for SHIB will be $0.000020.<\/li>\n\n\n\n
  • A failure to exceed $0.000015 may force the price to move below the 10 MA and return to the current support at $0.000010.<\/li>\n<\/ul>\n\n\n\n
    \"SHIB<\/figure>\n\n\n\n

    SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

    Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

    The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

    Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

    The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

    This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

    Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

    Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

    Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

    \"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

    AAVE Price Prediction<\/h2>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

    \"AAVE
    AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

    AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

    QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

    On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

    \"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

    Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

    The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

    \"QNT
    QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

    Quant Price Prediction For Janurary<\/h2>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

    This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

    Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

    The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

    Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

    Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

    Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

    \"Basic
    Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

    BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

    Table Of Contents<\/h2>

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Shiba Inu gained above 30% throughout January 2023.<\/li>\n\n\n\n
  • The price is above 10 MA, indicating a bullish market bias.<\/li>\n\n\n\n
  • The meme-coin has the potential to hit the next resistance at $0.000015 following the current bullish momentum.<\/li>\n\n\n\n
  • If the price exceeds the current resistance, the next upside target for SHIB will be $0.000020.<\/li>\n\n\n\n
  • A failure to exceed $0.000015 may force the price to move below the 10 MA and return to the current support at $0.000010.<\/li>\n<\/ul>\n\n\n\n
    \"SHIB<\/figure>\n\n\n\n

    SHIBUSD may retest the upcoming resistance at $0.000015. Source: The Distributed.<\/p>\n\n\n\n

    Shiba Inu (SHIB) has advanced from $0.0000080 to $0.00001295 since the beginning of January 2023, and the current price stands at $0.00001200. The price stays above the 10-day moving average, indicating that this cryptocurrency could advance even more in the upcoming days.<\/p>\n\n\n\n

    The important resistance level for SHIB stands at $0.000015, and if the price advances above this level, the next target could be resistance at $0.000020.<\/p>\n\n\n\n

    Traders should also consider that the price of SHIB is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $25,000, we would see SHIB at a higher price level than the current price. The strong support level is $0.000010; if the price breaks this level, we could see SHIB at $0.0000090 or even below.<\/p>\n","post_title":"Dogecoin (DOGE) And Shiba Inu (SHIB) Technical Analysis For February 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dogecoin-doge-and-shiba-inu-shib-technical-analysis-for-february-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:38:03","post_modified_gmt":"2023-04-10 07:38:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9670","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9501,"post_author":"14","post_date":"2023-01-21 04:50:54","post_date_gmt":"2023-01-20 17:50:54","post_content":"\n

    The cryptocurrency market is advancing at the beginning of 2023; Bitcoin is trading again above $21,000. This situation also positively influenced the price of AAVE, a governance token for the open-source liquidity protocol, Aave.<\/p>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and it is also important to note that Aave announced its plans to release GHO, a stablecoin<\/a>, in the first quarter of 2023.<\/p>\n\n\n\n

    This is another significant factor that also contributed to AAVE's growth. With the growing demand for stable assets on the cryptocurrency market, anticipation for the launch of GHO is high.<\/p>\n\n\n\n

    Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n\n\n\n

    Major central banks signalled that they would keep lifting interest rates in 2023 to bring down inflation. Investors continue to worry that aggressive monetary policy could cause a multi-year recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro-market shifts. Famous investors Peter Schiff and Jim Cramer have once again called<\/a> on investors to sell their cryptocurrencies.<\/p>\n\n\n\n

    Another negative news for this week came from Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase, who said that Bitcoin is worthless. However, he expressed approval for the blockchain and said<\/a>:<\/p>\n\n\n\n

    \"Blockchain is a technology ledger system that we use to move information. We've used it to do overnight repo, intraday repo, and to move money. So that is a ledger technology that we think will be deployable.<\/em>\"<\/p>\n\n\n\n

    AAVE Price Prediction<\/h2>\n\n\n\n

    AAVE has advanced more than 60% since the beginning of January 2023, and if the bullish trend continues and increases the price above $90, the next target could be resistance at $100.<\/p>\n\n\n\n

    \"AAVE
    AAVE Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    The price of this cryptocurrency is also correlated with Bitcoin, and if the price of Bitcoin jumps above $22000, we could probably see AAVE at a higher price level than the current price. The current support level is $80; if the price breaks this level, we could see AAVE at $75 or even below.<\/p>\n\n\n\n

    AAVE has a current market capitalization of US$1.24B, according to data taken from CoinMarketCap.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market seems to be advancing at the beginning of 2023. Bitcoin is trading again above $21000, which has also positively influenced the price of Aave. Despite this, investors should continue to take a defensive investment approach early in 2023 because the global economy faces a recession risk that could dent financial markets again.<\/p>\n","post_title":"AAVE Price Prediction After The Cryptocurrency Market Rallies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"aave-price-prediction-after-the-cryptocurrency-market-rallies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/stablecoins\/","post_modified":"2023-04-10 17:40:33","post_modified_gmt":"2023-04-10 07:40:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9501","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9207,"post_author":"14","post_date":"2023-01-05 21:20:29","post_date_gmt":"2023-01-05 10:20:29","post_content":"\n

    QNT is the Quant network's native cryptocurrency that powers the ecosystem and is used as the sole payment method for the use of Quant network's products, which aims to bring interoperability to blockchains. Last year brought a myriad of challenges for the cryptocurrency market, and it is important to note that QNT, like most other cryptocurrencies, came under selling pressure after the collapse of FTX<\/a>.<\/p>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and the upcoming weeks could be a tough period for Quant (QNT). Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and investors continue to worry that aggressive monetary policy could cause a multiyear recession.<\/p>\n\n\n\n

    The cryptocurrency market is correlated to equities and vulnerable to macro market shifts, while many analysts said they would not be surprised to see Bitcoin below $15,000 in January 2023. If this really happens, Quant (QNT), together with many other cryptocurrencies, would be at lower price levels.<\/p>\n\n\n\n

    On the other side, a global asset management firm Bernstein reported this week that it continues to support the industry and sees buying opportunities in various cryptocurrencies. Bernstein analysts remain optimistic that many cryptocurrencies could reach new heights, and they said<\/a> in a note to its clients:<\/p>\n\n\n\n

    \"While a bear case for crypto does exist, such as unfavorable macro conditions and regulatory threats, advancements in blockchain technology could potentially overcome these challenges in the future. Ultimately, investors should focus on long-term consumer adoption if they plan to see significant returns over time.\"<\/em><\/p>\n\n\n\n

    Technical Analysis Of Quant (QNT)<\/h2>\n\n\n\n

    The price of Quant (QNT) has weakened from $228.30 to $94.08 since October 17, 2022, and the current price stands at $107.36. The price has formed a bearish rectangle pattern, a continuation pattern that typically resolves after the price breaks out of its range while pursuing the direction of its previous trend.<\/p>\n\n\n\n

    \"QNT
    QNT Technical Analysis on TradingView showing support and resistance indicators.<\/figcaption><\/figure>\n\n\n\n

    QNT might have a hard time holding above the $100 level in the upcoming days, and a break below this level would indicate that we could see this crypto at $90 or even $below. The upside potential remains limited for now; still, if the price of QNT jumps above $130, the next target could be $140.<\/p>\n\n\n\n

    Quant Price Prediction For Janurary<\/h2>\n\n\n\n

    The cryptocurrency market is still not able to show positive signs, and in the days ahead, QNT might have a hard time holding above the current support level, which stands at $100. A short-term QNT price prediction is determined by a break below these levels, which indicates that we could see QNT at $90 or even $80. <\/p>\n\n\n\n

    This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"Quant (QNT) Price Prediction for January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"quant-qnt-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:43:40","post_modified_gmt":"2023-04-10 07:43:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9207","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9104,"post_author":"14","post_date":"2022-12-29 21:16:33","post_date_gmt":"2022-12-29 10:16:33","post_content":"\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Major central banks signaled that they would keep lifting interest rates in 2023 in order to bring down inflation, and it is important to note that the cryptocurrency market is still heavily correlated to equities and vulnerable to macro market shifts.<\/p>\n\n\n\n

    The upcoming year could be a tough period for Sandbox (SAND), and the crypto selloffs could gather speed if Bitcoin cannot hold at the $16,000 mark. The cryptocurrency market also faces a trust crisis as the collapse of FTX<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n

    Many crypto firms have recently declared bankruptcy, such as Celcius<\/a> and BlockFi<\/a>, and as they look to pay back creditors, they may liquidate their crypto assets, which could trigger another sell-offs in the crypto market. At the same time, increasing regulatory pressure caused by these negative events could add further pressure on SAND and many other cryptocurrencies.<\/p>\n\n\n\n

    Technical Analysis Of Sandbox (SAND)<\/h2>\n\n\n\n

    Sandbox (SAND) has weakened more than 50% since the beginning of November 2022, and the risk of further decline still persists. The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin falls below $16,000, we could probably see SAND at a lower price level than the current price.<\/p>\n\n\n\n

    \"Sandbox<\/figure>\n\n\n\n

    The current support level stands at $0.40, and a break below this level would indicate that we could see SAND at $0.35 or even below. SAND continues to move in a strong downtrend; still, if the price jumps above $0.50, the next target could be resistance that stands at $0.60.<\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    The cryptocurrency market continues to be under pressure, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. The risk of further decline for SAND is not over, and in the days ahead, SAND might have a hard time holding above the current support level, which stands at $0.40.<\/p>\n","post_title":"Sandbox (SAND) Price Prediction As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sandbox-sand-price-prediction-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 17:47:53","post_modified_gmt":"2023-04-10 07:47:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9104","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9036,"post_author":"14","post_date":"2022-12-28 00:28:07","post_date_gmt":"2022-12-27 13:28:07","post_content":"\n

    Basic Attention Token (BAT) has weakened more than 40% after FTX filed Chapter 11 for bankruptcy<\/a> and created fears of a domino effect that could drag other crypto exchanges into the mud. The risk of further decline for BAT is still not over, especially after the major central banks reported that they would continue to raise interest rates further.<\/p>\n\n\n\n

    The European Central Bank, the Bank of England, and the U.S. Federal Reserve reported that they have more work to do in order to bring down inflation. Hawkish messages from central banks fueled the worries of market participants who continue to worry that higher interest rates will harm the global economy.<\/p>\n\n\n\n

    Because of this, the outlook for risk appetite in the near term is not looking good, and many analysts expect a global recession that could weigh on stocks and cryptocurrencies even more. Caleb Franzen, the senior market analyst, and strategist at Cubic Analytics, believes<\/a> that the price of Bitcoin is heading down toward $14,000 and might drop even lower. If this really happens, Basic Attention Token (BAT), together with many other cryptocurrencies, would move towards lower price levels.<\/p>\n\n\n\n

    Technical Analysis of Basic Attention Token (BAT)<\/h2>\n\n\n\n

    Basic Attention Token (BAT) has collapsed from $0.34 to $0.17 since November 05, and the current price stands at $0.18. The price continues to move below the 10-day moving average, indicating that  Basic Attention Token (BAT) could fall even more in the upcoming days.<\/p>\n\n\n\n

    \"Basic
    Basic Attention Token Support and Resistance Levels<\/figcaption><\/figure>\n\n\n\n

    BAT might have a hard time holding above the current support level, which stands at $0.15, and a break below this level would indicate that we could see this cryptocurrency at $0.13 or even below. The upside potential remains limited for now; still, if the price of BAT jumps above $0.25, the next target could be resistance that stands at $0.30.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Chiliz (CHZ) Price Prediction For January 2023<\/a><\/p>\n\n\n\n

    Conclusion<\/h2>\n\n\n\n

    Basic Attention Token (BAT) remains in a bear market, and the risk of further decline for this crypto is not over, especially after the major central banks reported that they would raise interest rates further in 2023. This is certainly negative news for riskier assets like stocks and cryptocurrencies, and in the days ahead, Basic Attention Token (BAT) might have a hard time holding above the current support level, which stands at $0.15.<\/p>\n","post_title":"Basic Attention Token (BAT) Price Prediction For January 2023","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"basic-attention-token-bat-price-prediction-for-january-2023","to_ping":"","pinged":"","post_modified":"2023-04-10 17:54:13","post_modified_gmt":"2023-04-10 07:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9036","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8949,"post_author":"14","post_date":"2022-12-23 14:00:16","post_date_gmt":"2022-12-23 03:00:16","post_content":"\n

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