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Cortex Price Forecast As the CTXC symbol’s eyes break below this major trendline

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CTXC, the native cryptocurrency of the Cortex blockchain that relies on smart contracts focused on artificial intelligence, fell nearly 10% on Friday in very volatile trading. since 8The tenth In December, CTXC was trading in a very volatile fashion, with volumes much higher than usual.

Maybe it’s due to going back to number 8The tenth In December, CTXC saw an important technical breakout from a downtrend that had previously been limiting price action since July. At current levels around $0.165 per coin, CTXC is trading with a gain of over 130% against November lows in the $0.07 region. The breakout saw CTXC rise above all of its major moving averages.

The bark rally is an important bullish breakout. Source: TradingView

Some traders on Twitter attributed the rise in part to the growing global interest in AI technology in the wake of the launch of OpenAI’s chatGPT chatbot, which left the world in shock and awe at the breadth of its skills, knowledge, and capabilities.

Price Prediction – Bullish momentum is fading in the short term

After the bullish breach earlier this month, CTXC formed a flag technical pattern. This pattern has recently broken to the upside, but the uptrends could not continue. CTXC has shifted lower again amid selling pressure across the broader cryptocurrency space as traders get nervous about this week Extremely hawkish Fed policy meeting.

bark
Cortex formed a flag pattern, but its bullish breakout failed to hold. Source: TradingView

If the broader bearish momentum in the cryptocurrency space continues, CTXC is at risk of collapsing below a significant short-term uptrend. This could lead to a quick drop towards support in the $0.1320-$60 area and possibly to the 21 and 200-day moving averages in the $0.12 area.

bark
The crust holds the eye at different levels of support. Source: TradingView

Altcoins offer faster returns

Cryptocurrencies have been trading sideways for a few weeks now, which has prompted some traders to start looking for alternatives with greater potential in the short term. Listed below are some of the market leading pre-sales, allowing investors to enter on the ground floor.

FightOut (FGHT) – Pre-sale release

FightOut, an all-new move-to-earn (M2E) fitness app and gym chain seeking to bring a fitness lifestyle into web3, has opened pre-sales and investors believe the project can transform the existing web3 M2E landscape. Whereas existing M2E apps like StepN only track steps and require expensive non-fungible (NFT) purchases to participate, FightOut takes a more holistic approach to tracking and rewarding its users for their exercise and activity, and requires no expensive purchases to participate.

FightOut’s FGHT tokens are currently selling for 60.06 per 1 USDT, and interested investors are encouraged to move quickly to secure their tokens, as the pre-sale has already raised over $2.08 million in just a few days. FGHT is the token that will power the FightOut crypto ecosystem.

Visit FightOut Now

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Dash 2 Trade (D2T) – pre-sale has entered the final stage

Those interested in investing in a promising crypto trading platform startup should look no further than Dash 2 Trade. A rising social trading and analytics platform hopes to break into the cryptocurrency trading space with a set of unique features.

These include trading signals, social sentiment, on-chain indicators, a pre-sale scoring system, a symbol list alert system and a strategy backtesting tool. The Dash 2 Trade ecosystem will be powered by a D2T token, which users will need to purchase and hold to access the platform’s features.

Dash 2 Trade is currently conducting a heavily discounted token pre-sale and sales recently exceeded $9.9 million. A pre-sale dashboard will be released on Friday, with the development team currently running ahead of schedule. The tokens are currently selling for $0.0533 each and will be listed on several centralized exchanges in about one month.

Visit Dash 2 Trade here

Calvaria (RIAA) – Final Pre-Sale Now

Major blockchain-based games like Axie Infinity have lost much momentum in 2022. As a result, many investors interested in the crypto gaming space are looking for alternative ways. Calvaria, the emerging battle card crypto game, could be a good alternative. Calvaria seeks to promote cryptocurrency adoption by creating a bridge between the real world and cryptocurrency, a fun and accessible cryptocurrency game.

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Investors should consider pre-selling Calvaria’s RIA token. Calvaria has now raised $2.45 million, with a crypto whale taking in $97.5k in a single purchase last week. The pre-sale is in the final phase, with only 21% of the tokens remaining.

Visit Calvary now

FightOut (FGHT) – the latest money-making project

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BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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Dash 2 Tadawul – High Potential Pre-Selling

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  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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