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Predict Voyager Token prices as VGX rises in this update

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VGXThe token value of the now-defunct cryptocurrency trading platform, Voyager Digital, rose 23% on Monday following news that Voyager had accepted a $1.022 billion bid for its assets and bankrupted from Binance.US. VGX/USD was the latest change of hands just above $0.36, up from under $0.29 at the start of the session, although it is down nearly 12% from the previous session’s highs of $0.4150.

Despite the recent rally in price, VGX has not been able to hold above any of its major moving averages. Moreover, the cryptocurrency remains within its trading ranges for the past month and a half. In the long run, VGX/USD appears to be forming a scientific structure. An upward or downward breakout may be in sight. The break-up would mean an upward move back to the early September highs in the $1.20 region. A downside breakout could mean a drop to yearly lows in the $0.14 region.

VGX has formed a pennant in the past few months, which could indicate an upcoming major breakthrough. Source: TradingView

VGX screws in this ad

Voyager Digital announced on Monday that US subsidiary Binance Corp. will buy its remaining assets for $1.022 billion. The troubled crypto lending platform, which froze customer withdrawals months ago, said the purchase represented a fair market valuation of Voyager’s assets, which are currently worth $1.002 billion at current prices.

Voyager is now seeking approval for the deal in bankruptcy court at a hearing on May 5The tenth In January 2023. According to sources familiar with the deal as initially reported ForbesFunds may not be transferred from Voyager to Binance.US until March.

Voyager that went I went bankrupt earlier this year Following the sudden collapse of the decentralized finance (DeFi) ecosystem Terra and hedge fund Three Arrows Capital (3AC) earlier this year, It previously agreed to sell its assets to FTX. FTX’s sudden internal collapse and bankruptcy early last month killed that deal.

Binance said on Monday that the transaction will pave the way for the rapid release of funds for Voyager clients. Binance.US CEO Brian Schroeder said that this reflects the company’s belief that customers should come first. If the transaction is approved by the bankruptcy court, the Voyager client’s assets will be available on the Binance exchange.

But does VGX have a future?

Some cryptocurrency analysts have warned that the buy falls short of saving on cryptocurrency trading platform Voyager Digital. Instead, the purchase represents only Binance.US purchasing the balances of Voyager accounts. According to a Twitter user, the Voyager staff, its platform, and the VGX token will all be gone soon.

If that’s the case, investors may be wondering why VGX has any value at all. Just as the stock price goes to zero when it goes bankrupt, so might VGX also go to zero.

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 such as STEPN only track steps and require expensive non-fungible token (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 $2.15 million in just a few days. FGHT is the token that will power the FightOut crypto ecosystem.

Visit FightOut Now

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 and 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 $10.18 million. A pre-sale dashboard will launch soon, 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.

Investors should consider pre-selling Calvaria’s RIA token. Calvaria has now raised $2.49 million, with a crypto whale taking in $97.5k in a single purchase earlier this month. The pre-sale is in the final phase, with only 20% of the tokens remaining.

Visit Calvary now

FightOut (FGHT) – the latest money-making project

symbolic fight
  • The early stage pre-sale is now live
  • Earn free crypto and learn about your fitness goals
  • KYC verified by CoinSniper
  • LBank Labs project
  • Partnership with Transac Block Media
  • Staking bonuses and rewards

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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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Blockchain

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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