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Predict the Magic Price – Is it a Good Buy?

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MAGIC is currently recording gains in the cryptocurrency market. The price has increased by 3.90% in the last 24 hours. Trading volume today increased by 12.88% at $7,366,471.57.

This price increase comes with its possible listing on the Coinbase platform. MAGIC is currently ranked 227 in the cryptocurrency market.

MAGIC is the native token of the Treasure DAO Network. This network focuses on games and NFTs. Magic gains can be attributed to users’ adoption of gaming solutions.

Here’s everything you need to know about the token and its price movement.

What is a MAGIC CODE and how does it work?

MAGIC is the original code that runs Metaverse treasure; Treasure is a decentralized NFT center that supports metaverse projects.

The MAGIC token is the currency of all activities on the Treasure ecosystem. It is the only currency accepted for trade. It also doubles as a backup currency for metaverses connected to the treasure network.

Players earn MAGIC TOKENS by playing games, mining, and on Bridgeworld. MAGIC tokens are for bets in the Atlas Mine and for joining liquidity pools to earn rewards. MAGIC was created by John Patten and Gaarp and launched in September 2021.

The token reached an all-time high of $6.32 on February 19, 2022. The maximum supply is 347,714,007 MAGIC.

Predict MAGIC Token prices

resistance and support

MAGIC | US Dollar Daily Chart | source: TradingView.com

MAGIC is currently rising on the charts today. It has breached the $0.5472 resistance and is likely to continue rising.

The critical support levels $0.3551 and $0.3027 continue to hold. MAGIC’s interest on the Treasure Network will likely continue to drive its price.

The coin is doing well because it is still relatively new to the cryptocurrency market. Expect a positive price trend in the coming months.

Magic symbol price prediction with technical indicators

Predict the Magic Price - Is it a Good Buy?
MAGIC | US Dollar Daily Chart | Source: TradingView.com

MAGIC has bullish momentum present in the market. The coin is trading above the 50 day simple moving average with more green candles forming on the chart.

Note: MAGIC is still relatively new, with limited historical price data.

The RSI reading of 71.67 is in the overbought zone. Traders are taking long positions at the moment.

MACD is diverging above its signal line. This is a buy signal from the indicator.

With the current rally observed in MAGIC’s price, expect the token to maintain its momentum in the coming weeks.

Its usefulness is its strong point and it will maintain the price as the general market recovers. Expect MAGIC to reach $0.9 soon.

Potential assets to watch during the crypto winter

MAGIC is making bold strides in the market. However, there are no guarantees about cryptocurrencies as the market is highly volatile.

Here are some tokens for sale with a high probability that you can take advantage of as an investor.

Dash 2 Trade (D2T)

This platform is currently generating positive feedback in the crypto community. Users can access real-time analytics powered by artificial intelligence.

It is a decentralized trading platform where users can evaluate their trading strategies using backtesting to measure past performance.

with Dash 2 Trading Traders can make automated transactions powered by AI. Also, trading signals are available for buy and sell signals in the market.

Other available features include strategy builders and social trading platforms. It provides traders with much-needed support for quality trades.

With the original token – D2T, users can access the platform and benefit from its innovative features. They may also participate in community events and competitions.

The Phase 3 prequel show is almost complete and has raised over $8.4 million. Once the pre-sale is complete, D2T will be listed on the BitMart and LBank exchanges.

Calvaria (RIA)

Calvaria is a gaming platform that provides users with free access to play games after signing up and earning NFTs as rewards. It does not require any financial or any other resources from the players before they can win money. It’s a welcome shift from the traditional payment method for gaming.

Calvaria It aims to expand the reach of Web3 games by making the platform free to access.

Non-encrypted players can access all features in the game on Calvaria. Competitive players earn rewards such as trading cards or NFTs. Its parent token, RIA, is the ERC-20 token that will drive the Calvaria ecosystem.

RIA also doubles as a platform governance token. Investors are fully committed to the RIA project, with the first phase pre-sale selling out quickly.

The pre-sale is currently in Phase 5 and 72% is sold out. Currently, 30.77 RIA is being sold for 1 USDT. However, there will be a price increase with the next pre-sale.

The Calvaria pre-sale raised about $2.2 million – with total project financing of $3,075,000.

As an added benefit, the platform also offers trading signals to the traders.

RobotEra (TARO)

RobotEra is a free game that enables users to design their planet in the metaverse.

On the platform, each RobotEra player represents NFTs as a robot. The robot can team up with other robots to carry out projects such as rebuilding planets.

Rebuilding planets increases the value of plots of land in the Metaverse. The game is perfect for gamers who enjoy creating and maintaining games.

Also, active and passive earning opportunities are available when users participate in community activities. These activities include mining, settlement, sacred tree planting, concerts, and more.

LBank Labs provides financial backing and support for the program to ensure its success.

The RobotEra The pre-sale started on November 9 and is one of the massive pre-sale events of 2022.

TARO is a multiverse currency that is bought directly with USD or ETH from the wallet.

At present, 1 tarot is equal to 0.020 USD. The first pre-offer ended – followed by a $0.025 price increase. The presale for TARO has so far brought in over $348,000.

IMPT

The IMPT team is creating an efficient world of carbon credits by adding them to the blockchain. The carbon credit system was once obscure – and finding applications only in corporations is outdated.

However, carbon credits – such as NFTs – cannot be traded on the blockchain around the clock.

Lbank and Changelly Pro are two central exchanges that will be listing IMPT The token after the launch of the DEX.

The pre-show for IMPT has raised $14.5 million and is drawing to a close, with less than a week to go. Each stage of the pre-sale saw the token climb to $0.023.

conclusion

MAGIC token has enjoyed positive price movement in recent days. Its application to games and across the metaverse helps it maintain its value.

While the token looks promising, investors can also take advantage of pre-sale tokens such as D2T, RIA, TARO, and IMPT to make a quick profit as the price changes. You have less than a week to go, and now is the time to act.

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Blockchain

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

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.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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

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

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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