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HedgeUP takes off while Solana (SOL) and Cardano (ADA) miss the boat

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The two crypto projects, Cardano and Solana, have faced several difficulties this year that have negatively impacted their value for various reasons. Investors are becoming more skeptical of both cryptocurrencies and are starting to look for new investment possibilities that can bring the highest investment returns. Therefore, it is important to consider some new crypto projects that can provide many benefits to investors, such as HedgeUP.

Solana and Cardano are getting left behind – time for a new crypto project?

The FTX crypto exchange and trading company Alameda Research, owned by Sam Bankman-Fried, have both been very supportive of the Solana ecosystem and have been influential in the growth of Solana for many years.

However, the current bear market conditions and the FTX-induced cryptocurrency crash have negatively affected Solana’s price. According to FTX’s balance sheet, the cryptocurrency exchange held $982 million in SOL tokens. Thus, it caused a sudden price crash as the price of the token fell significantly by more than 58%.

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Cardano’s native token price has also seen a significant drop of more than 80% since the beginning of the year due to many reasons, including the general downturn in the cryptocurrency market, the negative impact of the recent FTX crash, and the liquidity issues associated with the Digital Currency Group (DCG).

How to protect your portfolio with HedgeUp

Diversification is one of the most effective ways to mitigate risk and hedge a portfolio over the long term. Implementing diversification strategies can help balance risk and reward adequately.

For many savvy investors, hedging is a very important tool for a custom-diversified investment portfolio because it helps reduce risk and protect against large losses by taking an opposite position in related assets.

Holding uncorrelated assets in an investment portfolio helps reduce overall volatility (risk). Alternative assets usually have losses that are smaller in value during a bear market; Thus, a diversified investment portfolio is likely to suffer lower average losses if the market moves against you – which is where HedgeUp comes in.

HedgeUp is a unique project in the field of cryptography. It is an alternative investment cryptocurrency market based on NFT. This crypto project will enable users to partially invest in alternative investment asset classes globally. It will enhance access to alternative investment markets for all types of investors for just $1 in HDUP tokens.

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The HedgeUp platform aims to help all users improve their investment portfolios and bridge the gap between investors and non-traditional investment asset classes. In addition, the platform will provide educational materials to the masses to highlight the way to generate residual income by investing in alternative assets.

The platform will provide access to a range of alternative products such as gold, diamonds, wine, fine art, luxury watches, yachts and aviation. Investing in these assets usually means tying up large amounts of capital, so for most small investors it is basically impossible.

All users on the platform can get a variety of benefits, including exclusive access to NFT stock issuances, online master classes, numerous rewards and staking bonuses, and even a “cart” feature for an average return of 28% to 36%. %.

conclusion

According to Nasdaq, total alternative investment classes are expected to quadruple and reach more than $17 trillion by 2025. Therefore, it is the perfect time to diversify an investment portfolio with alternative assets and take advantage of the huge potential that the HedgeUP platform can do. offered to its users.

For more information on Hedge UP, click on the links below:

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Pre-registration: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community links: https://linktr.ee/hedgeupofficial

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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 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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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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