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Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n
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\n
- Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
  - Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
    
    Previous 1 2
    
    Most Read
    
    Altcoins
    
    Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
    
    December 8, 2022 - Updated on April 10, 2023
    
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    \n
    Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
    - Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      \n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      Follow The Distributed
      
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      \n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      \n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      November 24, 2024
      
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      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      Follow The Distributed
      
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      \n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
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      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      \n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
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      Follow The Distributed
      
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      \n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
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      ADVERTISEMENT
      
      \n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      November 24, 2024
      
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      \n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
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      August 15, 2024
      
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      \n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
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      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      August 15, 2024
      
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      \n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
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      August 15, 2024
      
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      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      November 24, 2024
      
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      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      November 24, 2024
      
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      August 15, 2024
      
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      By subscribing, you agree with our privacy and terms.
      
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      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      November 24, 2024
      
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      August 15, 2024
      
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      Follow The Distributed
      
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      \n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      November 24, 2024
      
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      August 15, 2024
      
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      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      November 24, 2024
      
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      \n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      \n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      November 24, 2024
      
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      November 24, 2024
      
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      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
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      \n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
      Subscribe To Our Newsletter
      
      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
      Twitter Instagram Youtube LinkedIn Facebook RSS
      
      ADVERTISEMENT
      
      \n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      November 24, 2024
      
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      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
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      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
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      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      By subscribing, you agree with our privacy and terms.
      
      Type your email here
      
      Follow The Distributed
      
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      ADVERTISEMENT
      
      \n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      \n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
      Artificial Intelligence
      
      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
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      \n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      \n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      November 24, 2024
      
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      August 15, 2024
      
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      ADVERTISEMENT
      
      \n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      November 24, 2024
      
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      \n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      November 24, 2024
      
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      \n
      The price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\n
      The price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\n
      The price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
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      \n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
      Artificial Intelligence
      
      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
      Banking
      
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      \n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      \n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      December 19, 2024
      
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      \n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
      Most Read
      
      Altcoins
      
      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
      December 8, 2022 - Updated on April 10, 2023
      
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      Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents
      
      December 19, 2024
      
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      Indian Central Bank’s Cloud Computing Venture Aims To Democratize Financial Technology
      
      November 24, 2024
      
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      Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry
      
      November 24, 2024
      
      Artificial Intelligence
      
      Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations
      
      August 15, 2024
      
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      \n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
      Previous 1 2
      
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      Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise
      
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      \n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The price of Binance Coin (BNB) has weakened from $397.58 to $240.77 since November 08, and the current price stands at $283.27. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Binance Coin (BNB) Technical Analysis<\/h2>\n\n\n\n
      The price of Binance Coin (BNB) has weakened from $397.58 to $240.77 since November 08, and the current price stands at $283.27. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good. At the same time, the cryptocurrency market faces a deep trust crisis as the collapse of the FTX created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Binance Coin (BNB) Technical Analysis<\/h2>\n\n\n\n
      The price of Binance Coin (BNB) has weakened from $397.58 to $240.77 since November 08, and the current price stands at $283.27. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      The next Federal Reserve meeting is scheduled for December 13, and it is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes. Expectations are that Fed policymakers will probably raise interest rates by 50 basis points, but the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation.<\/p>\n\n\n\n
      The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good. At the same time, the cryptocurrency market faces a deep trust crisis as the collapse of the FTX created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Binance Coin (BNB) Technical Analysis<\/h2>\n\n\n\n
      The price of Binance Coin (BNB) has weakened from $397.58 to $240.77 since November 08, and the current price stands at $283.27. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      \"Expectations are beginning to unravel a little bit as the market realizes that the Fed may have to maintain rates at a higher level for longer than it had hoped, and this is placing a more downward pressure on the markets.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and it is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes. Expectations are that Fed policymakers will probably raise interest rates by 50 basis points, but the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation.<\/p>\n\n\n\n
      The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good. At the same time, the cryptocurrency market faces a deep trust crisis as the collapse of the FTX created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Binance Coin (BNB) Technical Analysis<\/h2>\n\n\n\n
      The price of Binance Coin (BNB) has weakened from $397.58 to $240.77 since November 08, and the current price stands at $283.27. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      \n
      Binance Coin<\/a> (BNB) has weakened more than 25% after the FTX cryptocurrency exchange filed Chapter 11 for bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for BNB is still not over, especially after the latest news that the U.S. central bank might stick to a longer rate-hike cycle. Jason Pride, chief investment officer for private wealth at Glenmede in Philadelphia, said:<\/p>\n\n\n\n
      \"Expectations are beginning to unravel a little bit as the market realizes that the Fed may have to maintain rates at a higher level for longer than it had hoped, and this is placing a more downward pressure on the markets.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and it is still not sure if the Federal Reserve will take a less aggressive stance in its interest rate hikes. Expectations are that Fed policymakers will probably raise interest rates by 50 basis points, but the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation.<\/p>\n\n\n\n
      The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good. At the same time, the cryptocurrency market faces a deep trust crisis as the collapse of the FTX created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Binance Coin (BNB) Technical Analysis<\/h2>\n\n\n\n
      The price of Binance Coin (BNB) has weakened from $397.58 to $240.77 since November 08, and the current price stands at $283.27. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"BNBUSD$
      BNBUSD<\/a> Support & Resistance Levels. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below. The upside potential remains limited for now; still, if the price of Binance Coin (BNB) jumps above $300, the next target could be $330.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Chainlink (LINK) Price Prediction For December<\/a><\/p>\n\n\n\n
      Concluding Facts On Binance Coin (BNB)<\/h2>\n\n\n\n
      According to analysts, the U.S. central bank might stick to a longer rate-hike cycle which could push the U.S. economy into recession. Binance Coin (BNB) might have a hard time holding above the current support level, which stands at $250, and a break below this level would indicate that we could see BNB at $240 or even below.<\/p>\n\n\n\n
      See Related:<\/em><\/strong> Binance Coin (BNB) Definition<\/a><\/p>\n","post_title":"Binance Coin (BNB) Technical Analysis As Recession Worries Continue To Rise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-coin-bnb-technical-analysis-as-recession-worries-continue-to-rise","to_ping":"","pinged":"","post_modified":"2023-04-10 18:11:45","post_modified_gmt":"2023-04-10 08:11:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8691","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8656,"post_author":"14","post_date":"2022-12-05 18:18:19","post_date_gmt":"2022-12-05 07:18:19","post_content":"\n
      The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n
      Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n
      It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n
      Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n
      Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n
      The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n
      $\"Hedera$
      Source: The Distributed<\/figcaption><\/figure>\n\n\n\n
      According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8614,"post_author":"14","post_date":"2022-12-01 20:11:53","post_date_gmt":"2022-12-01 09:11:53","post_content":"\n
      The crypto market saw higher prices after Federal Reserve Chair Jerome Powell said this Wednesday that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December. Immediately after Powell's comments, Bitcoin (BTC) advanced above $17,000 while the price of Cosmos (ATOM) jumped to $10.63. Federal Reserve Chair Jerome Powell added<\/a>:<\/p>\n\n\n\n
      \"The time for moderating the pace of rate increases may come as soon as the December meeting even as inflation continues to be far too high.\"<\/em><\/p>\n\n\n\n
      The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision. The federal funds rate is now in a range of 3.75% to 4% (the highest level since January 2008), and Fed policymakers will probably raise rates by 50 basis points when they meet in December instead of 75 basis points, which was also a possibility.<\/p>\n\n\n\n
      Despite this, market participants should keep in mind that the main question still remains how much time Fed will need to hold policy at a restrictive level in order to control inflation. The U.S. economy faces recession risk that could dent corporate earnings, and because of this, the outlook for risk appetite in the near term is not looking good.<\/p>\n\n\n\n
      The cryptocurrency market also faces a trust crisis as the collapse of the FTX cryptocurrency exchange<\/a> created unprecedented market turmoil that could last for several more months.<\/p>\n\n\n\n
      Cosmos (ATOM) Technical Analysis<\/h2>\n\n\n\n
      The price of Cosmos (ATOM) has weakened from $15.81 to $8.71 since November 05, and the current price stands at $10.47. Cosmos (ATOM) is showing bullish momentum this trading week, and if the price advances above $11, the next target could be resistance at $12.<\/p>\n\n\n\n
      $\"Cosmos\/US$ <\/figure>\n\n\n\n
      The price of this cryptocurrency is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we could probably see ATOM at a higher price level than the current price. The current support level is $9, and if the price breaks this level, we could see ATOM at $8 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Cosmos (ATOM). Investors' confidence is rising after Federal Reserve Chair Jerome Powell said that the U.S. central bank might scale back the pace of its interest rate hikes as soon as December.<\/p>\n","post_title":"Cosmos (ATOM) Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Cosmos Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cosmos-atom-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-cosmos-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:13:05","post_modified_gmt":"2023-04-10 08:13:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8614","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8576,"post_author":"14","post_date":"2022-11-27 03:17:14","post_date_gmt":"2022-11-26 16:17:14","post_content":"\n
      Elrond (EGLD), like most other cryptocurrencies, came under selling pressure after the collapse of the FTX cryptocurrency exchange<\/a>. Investors still remain concerned that the FTX crisis could cause a domino effect and drag other exchanges into the mud, which would severely destabilize the entire crypto industry.<\/p>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, but market participants should keep in mind that the price direction of LINK<\/a> in the short term, together with other cryptocurrencies, will also depend on how the Federal Reserve's interest-rate policy plays out.<\/p>\n\n\n\n
      It is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes, but if this happens, we could see Elrond (EGLD) at higher price levels. Popular Wall Street strategist Thomas Lee, a co-founder of Fundstrat Global Advisors, believes<\/a> that the cryptocurrency market would strengthen again despite a poor performance in the last several months, adding that;<\/p>\n\n\n\n
      \"It has been a horrific year for the cryptocurrency market, but it is not that different from 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something around $1,200, that was the time when some of the best projects were created.\"<\/em><\/p>\n\n\n\n
      Elrond (EGLD) Technical Analysis<\/h2>\n\n\n\nThe price of Elrond (EGLD) has weakened from $214.87 to $38 since March 28, 2022, and the current price stands at<\/a> $43.5. 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
      $\"Elrond$ <\/figure>\n\n\n\n
      According to technical analysis, Elrond (EGLD) remains in a bear market, but if the price advances above $50, the next target could be $60. The current support level stands at $40, and a break below this level would indicate that we could see EGLD at $35 or even below.<\/p>\n\n\n\n
      Summary On The Elrond Price Prediction<\/h2>\n\n\n\n
      Elrond (EGLD) has weakened more than 70% since March 28, 2022, and according to technical analysis, this cryptocurrency remains in a bear market. Although the cryptocurrency market now faces a trust crisis, the price of Elrond (EGLD) could advance in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n","post_title":"EGLD Price Prediction for December - Elrond Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"egld-price-prediction-for-december-elrond-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:24","post_modified_gmt":"2023-04-10 08:14:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8576","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8523,"post_author":"14","post_date":"2022-11-25 19:39:40","post_date_gmt":"2022-11-25 08:39:40","post_content":"\n
      The crypto market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX cryptocurrency exchange<\/a> could extend the crypto bear market by several more months.<\/p>\n\n\n\n
      One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the United States Federal Reserve could roll out smaller-sized interest rate hikes at its next meetings. Fed Vice Chair Lael Brainard said<\/a> this Monday:<\/p>\n\n\n\n
      \"I think it will probably be appropriate soon to move to a slower pace of increases, but I think what's really important to emphasize is... we have additional work to do.\"<\/em><\/p>\n\n\n\n
      Uniswap (UNI) is also showing some bullish momentum in the short term, and the price of this cryptocurrency could advance even more in December if the Federal Reserve hints at slowing the pace of rate increases.<\/p>\n\n\n\n
      Galaxy Digital Holdings CEO Mike Novogratz also said<\/a> that although the cryptocurrency market now faces a trust crisis, he continues to support the industry and sees buying opportunities in various cryptocurrencies.<\/p>\n\n\n\n
      See Related: <\/em><\/strong>Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report<\/a><\/p>\n\n\n\n
      Uniswap (UNI) Technical Analysis<\/h2>\n\n\n\n
      The technical analysis of Uniswap (UNI) shows its price has weakened from $7.76 to $4.70 since November 07, and the current price stands at $5.37. Uniswap (UNI) is showing bullish momentum this trading week, and if the price advances above $6, the next target could be resistance at $7.<\/p>\n\n\n\n
      $\"Uniswap$ <\/figure>\n\n\n\n
      Traders should also consider that the price of Uniswap (UNI) is usually correlated with Bitcoin, and if the price of Bitcoin jumps above $18000, we would probably see UNI at a higher price level than the current price. The current support level is $5, and if the price breaks this level, we could see UNI at $4.5 or even below.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      The crypto market saw modestly higher prices this trading week, which also supports the price of Uniswap (UNI). One of the reasons behind this rise is the fact that investors are buying cryptocurrencies at their current lows as a long-term investment, but investors' confidence is also rising due to their belief that the US central bank may slow the pace of rate hikes.<\/p>\n","post_title":"$UNI Price Prediction After Signs That Fed May Slow Pace of Rate Hikes - Uniswap Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"uni-price-prediction-after-signs-that-fed-may-slow-pace-of-rate-hikes-uniswap-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:14:38","post_modified_gmt":"2023-04-10 08:14:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8523","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8474,"post_author":"14","post_date":"2022-11-20 14:42:05","post_date_gmt":"2022-11-20 03:42:05","post_content":"\n
      Chainlink (LINK), like most other cryptocurrencies, came under selling pressure after the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> and ended up with a huge liquidity gap of over $8 billion. The risk of further decline for LINK is probably not over, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023.<\/p>\n\n\n\n
      There is also other negative news currently connected with the cryptocurrency market that continues to make investors nervous. Genesis Global Capital, the crypto lending arm of Genesis Trading, had paused withdrawals over liquidity problems, while some analysts expect the FTX crisis to cause a domino effect and drag other exchanges into the mud.<\/p>\n\n\n\n
      Dogecoin\u2019s Shibetoshi Nakamoto said that a potential crash of the crypto exchange Binance could severely destabilize the entire industry, but immediately after his comment, Binance confirmed that its balance sheet remains stable. The largest cryptocurrency platform Binance reported:<\/p>\n\n\n\n
      \"To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund to help projects which are otherwise strong.\u201c<\/em><\/p>\n\n\n\n
      While FTX\u2019s bankruptcy proceedings will be closely watched, the price direction of LINK, together with other cryptocurrencies, also depends on how the Federal Reserve\u2019s interest-rate policy plays out. The softening inflation in the United States is undoubtedly positive news for cryptocurrencies, but it is still not sure if the Federal Reserve would take a less aggressive stance in its interest rate hikes. If this happens, we could see some recovery in the cryptocurrency market, but St. Louis Fed President James Bullard said on Friday that the Fed has more work to do which fueled the worries of market participants.<\/p>\n\n\n\n
      Technical Analysis Of Chainlink (LINK)<\/h2>\n\n\n\n
      The price of Chainlink (LINK) has weakened from $9.50 to $5.68 since November 08, and the current price stands at $6.15. The price has also moved below the 10-day moving average, indicating that this cryptocurrency could fall even more in the upcoming days.<\/p>\n\n\n\n
      $\"Technical$ <\/figure>\n\n\n\n
      Chainlink (LINK) might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below. Traders should also keep in mind that LINK is correlated with the price of Bitcoin, and when the price of Bitcoin drops, that usually has a negative influence on the price of LINK alongside a majority of altcoins.<\/p>\n\n\n\n
      The upside potential remains limited for now; still, if the price of LINK jumps above $8, the next target could be resistance standing at $9.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Many cryptocurrencies, including Chainlink, remain under pressure, and according to a recent research report by Coinbase Global, the collapse of FTX could extend the crypto bear market by several more months or perhaps through the end of 2023. Chainlink might have a hard time holding above the current support level, which stands at $5.50, and a break below this level would indicate that we could see LINK at $5 or even below.<\/p>\n","post_title":"Chainlink (LINK) Price Prediction For December","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"chainlink-link-price-prediction-for-december","to_ping":"","pinged":"","post_modified":"2023-04-10 18:36:49","post_modified_gmt":"2023-04-10 08:36:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8332,"post_author":"14","post_date":"2022-11-14 00:49:04","post_date_gmt":"2022-11-13 13:49:04","post_content":"\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange and its founder Sam Bankman-Fried bankrupt and ended up with a huge liquidity gap of over $8 billion that Bankman-Fried tried to raise from investors. FTX cryptocurrency exchange filed for Chapter 11 bankruptcy<\/a> this Friday, while Sam Bankman-Fried has stepped down from his role as CEO.<\/p>\n\n\n\n
      It is also important to mention that FTX, on its official Telegram channel, reported that the exchange had been hacked<\/a> and more than $600 million worth of cryptocurrencies mysteriously disappeared from the wallets of the bankrupt exchange FTX. FTX General Counsel Ryne Miller said:<\/p>\n\n\n\n
      \u201cFTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on the FTX site as it might download Trojans.\u201d<\/p>\n\n\n\n
      Ethereum (ETH) erased almost all of its Thursday gains minutes after the bankruptcy announcement, and the risk of further declines is probably not over. Mike McGlone, a senior macro analyst at Bloomberg, also said that he believes that the repercussions of the cataclysmic FTX downfall will likely send Ethereum price to new lows.<\/p>\n\n\n\n
      Technical Analysis Of Ethereum<\/h2>\n\n\n\n
      The price of Ethereum has weakened from $1,608.50 to 1,071.50 in less than three days, and the current price stands at $1,240.50. The price has formed a symmetrical triangle 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
      $\"\"$ <\/figure>\n\n\n\n
      Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800. The upside potential remains limited for now; still, if the price of Ethereum jumps above $1,400, the next target could be $1,500.<\/p>\n\n\n\n
      Conclusion<\/h2>\n\n\n\n
      Ethereum (ETH) has weakened more than 20% in a week in which FTX cryptocurrency exchange filed Chapter 11 for bankruptcy, and the risk of further declines is probably not over. Ethereum might have a hard time holding above the $1,000 level in the upcoming weeks, and a break below this level would indicate that we could see ETH at $900 or even $800.<\/p>\n","post_title":"Ethereum (ETH) Price Prediction After FTX Filed Chapter 11 for Bankruptcy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-price-prediction-after-ftx-filed-chapter-11-for-bankruptcy","to_ping":"","pinged":"","post_modified":"2023-04-10 18:39:34","post_modified_gmt":"2023-04-10 08:39:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8332","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8218,"post_author":"8","post_date":"2022-11-09 22:49:49","post_date_gmt":"2022-11-09 11:49:49","post_content":"\n
      Shawn Du'Mmett<\/a>, a senior crypto analyst and financial journalist, indicated Polygon<\/strong> might hit up to $1.91 within 2023 if the price sustains above $1 by the end of 2022.<\/p>\n\n\n\n
      \n
      Shawn recently posted a technical update<\/a> on CryptoPolitan, explaining the possible long-term targets for Polygon (MATIC\/USD) price. Recently, Polygon's native token MATIC experienced an enormous 20% price increase overnight, crossing the $1 landmark for the first time since early August. \u201cIn last month\u2019s Polygon price prediction, we had said as much, MATIC\u2019s bull run is long overdue,\u201d<\/em> he stated.
      <\/li>\n\n\n\n
      Customers can now deposit bitcoin into their Polygon or Solana wallets after converting their fiat money to it. The native currencies of Polygon and Solana, MATIC and SOL, are now listed on Coinbase. \u201cWith this Polygon price prediction, there\u2019s a high chance you might become interested in the coin as an addition to your portfolio,\u201d<\/em> Shawn added.
      <\/li>\n\n\n\n
      The token has also surpassed its 50-day exponential moving average. Polygon's participation in Disney's accelerator program to create augmented reality, non-fungible token <\/a>(NFT), and artificial intelligence experiences may have piqued MATIC's interest.
      <\/li>\n\n\n\n
      Previously, Polygon's support for carbon neutrality may have attracted customers who care about the environment, increasing demand and driving up the price of MATIC by 30%. Market experts have previously predicted the resistance at $0.73, which is already broken following the current bullish rally.
      <\/li>\n\n\n\n
      According to Shawn's Polygon price forecast, MATIC is anticipated to hit the major resistance at $1.91 in 2023. The coin is predicted to have an average price of $1.80 and a low of $1.70 in the same year.<\/li>\n<\/ul>\n\n\n\n
      See Related:<\/em><\/strong> Ankr Partners with Polygon to Enhance the Web3 Building Experience for Supernet Developers<\/a><\/p>\n\n\n\n
      $\"MATIC$
      Shawn Du'Mmett believes the demand for Polygon will be much higher than its supplies in 2023, which may rock the MATIC\/USD price in the long term. Source: CryptoPolitan\/CoinWatch<\/figcaption><\/figure>\n","post_title":"Polygon Price Prediction: MATIC\/USD Tests Critical Resistance At $1, What\u2019s Next? Explore The Potential Targets With Crypto Analyst Shawn Du'Mmett","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polygon-price-prediction-matic-usd-tests-critical-resistance-at-1-whats-next-explore-the-potential-targets-with-crypto-analyst-shawn-dummett","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/nfts\/","post_modified":"2023-04-10 18:45:37","post_modified_gmt":"2023-04-10 08:45:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8218","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5267,"post_author":"1","post_date":"2022-05-28 01:20:51","post_date_gmt":"2022-05-27 15:20:51","post_content":"\n
      Author of \"Rich Dad, Poor Dad\" Robert Kiyosaki remains bullish on Bitcoin, although he believes the price may bottom out at a mere $9K.<\/p>\n\n\n\n
      On May 13th, Kiyosaki tweeted<\/a> how profit is made when you buy and not when you sell, classic advice. With this statement he added that he will be buying in at the bottom, predicting $17K or even $11K.<\/li><\/ul>\n\n\n\n
      5 days later on the 18th, Kiyosaki added<\/a> that he believes the \"Fed and Treasury are corrupt organizations\" therefore he remains a bull on Bitcoin and cryptocurrencies, saying that they would \"self-destruct before they regain honesty, integrity, and moral compass.\"<\/li><\/ul>\n\n\n\n
      Despite being bullish, in March he tweeted<\/a> \"BYE-BYE BITCOIN\" and predicted that the Fed was coming after crypto and that they would all get \"seized & folded into government crypto.\"<\/li><\/ul>\n\n\n\n
      \nhttps:\/\/twitter.com\/theRealKiyosaki\/status\/1527086282479788032\n<\/div><\/figure>\n\n\n\n
      Has Bitcoin Neared \"The Bottom\"?<\/h2>\n\n\n\n
      Since Kiyosaki's tweet, Bitcoin has held its price relatively steadily, with a difference in the price of <1%. To reach Kiyosaki's bottom it will need to decrease and lose at least 68% of the current price, dropping from a current market cap of $548.4B to a market cap of $171.4B.<\/li><\/ul>\n\n\n\n
      Timing the market is a dangerous game with too many variables in play, and although Bitcoin hasn't reached Kiyosaki's bottom, yet, and it is unlikely that it will, in these times anything is possible.<\/li><\/ul>\n\n\n\n
      
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      Polygon Price Prediction: MATIC/USD Tests Critical Resistance At $1, What’s Next? Explore The Potential Targets With Crypto Analyst Shawn Du’Mmett
      
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