Skip to main content

CHAINLINK, LUNA AND UNISWAP - ALTCOIN CHART ANALYSIS

 


Due to your numerous requests, we're looking at three Altcoins again today. The choice fell on Chainlink, Luna and Uniswap. Have we broken the downtrend here as well, like with Bitcoin? What happens now?

Chainlink (LINK) has left the downtrend for some time and has only moved sideways until yesterday. We have now seen a small push upwards and are now at around USD 21.70.

Most recently, we were directly rejected at the 200-SMA (last 200-average candle / purple) and 200-EMA on the 4H chart. These two indicators are initially a strong resistance for Chainlink and must be broken.

Below us are the 4H-EMA ribbons as support, which have not yet been tested. The trading volume has also decreased somewhat in the last few hours. Here it is now important to break through the resistance and then to rise to the next resistance at around 25.00 USD.

Luna has not known how to stop for days. We jump from one all-time high to the next. All resistance is broken through without any ifs or buts. The funding (fees on the stock exchanges) is also negative.

We are currently at around USD 97.00, after having broken the psychologically important mark of USD 100.00 yesterday. It is important that we are still in an uptrend (blue line).

In addition, we have the 4H-EMA ribbons as support, which on the one hand offer additional support and on the other hand are also often used for a bounce. So far, Luna has only tested these briefly and then climbed to new heights. As long as the Uptrend and EMA Ribbons hold, Luna could continue to rise despite bearish signs in the RSI.

Uniswap still has some problems leaving the downtrend. We already had an upward breakout yesterday, but are now consolidating our downtrend and are unable to leave it upwards on an impulsive basis.

Right now we're at around $ 17.58. Here we see roughly the same as with Chainlink. The 200-SMA and the 200-EMA on the 4H chart stand in our way as strong resistance and must be broken.

The trading volume is clearly declining and could indicate a bigger move in the next few hours. So we should definitely keep an eye on these altcoins. The next major resistance at Uniswap would be around $ 21.70. In between, the course has some breathing space.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

From offchain to offchain: Statechains meets Lightning

  Without a doubt, the most significant off-chain Bitcoin solution is the Lightning network. But in its wake, the statechain has emerged as an intriguing replacement. There is currently a proposal to link the two offchain networks. From an ocean, for example, you can see sunbeams glistening in the water, waves rippling, and possibly a jellyfish drifting toward the light. But you only see a small portion of it. The distance from the sea's surface to its bottom is hundreds of meters. It has dozens of different fish species swimming in it, crabs and starfish crawling on the bottom, shells clinging to rocks, and sea plants climbing up. A completely new world starts where your gaze diverges. You can picture a blockchain like Bitcoin, just like the sea. What you see on the outside is only a small portion of what is actually there; the set of UTXOs (coins) and transaction history that full nodes store are just the beginning of a much larger world. It's the plan, at least. With Bitcoin
Post a Comment
Read more

MSP Recovery and Tokenology aim to optimize healthcare with the help of Polygon

  MSP Recovery LLC, a Miami, US-based healthcare provider with an estimated enterprise value of $32.6 billion, is partnering with Web3 company Tokenology to jointly launch a new blockchain platform called Lifechain. Lifechain wants to leverage the verifiable and transparent nature of blockchain technology to aggregate medical care claims, medical expense reports and patient data and streamline their processing. For this purpose, MSP Recovery launched its own LifeWallet in January, which already has 1 million users. In addition to the wallet and blockchain platform, an associated crypto token called LifeCoin is also used. The press release explains that the primary purpose of the system is to enable secondary healthcare providers to more effectively bill health insurance companies for their costs. “The number of medical claims tokenized going forward will surpass $50 million per day by 2024. For this we need scalability, security and sustainability, which we have only found with Polygon
Post a Comment
Read more

Phishing attack on popular crypto sites tries to empty wallets

  Several major crypto sites such as Etherscan, CoinGecko, DeFi Pulse, and others report malicious pop-ups scammers use to try to trick users into connecting their MetaMask wallets. The phishing attack came from a domain displaying the Bored Ape Yacht Club (BAYC) logo. "We are investigating the root cause of this attack to fix the threat as soon as possible," CoinGecko founder Bobby Ong tweeted. The phishing attack appears to have been triggered by a malicious ad script from Coinzilla, a crypto ad network, according to CoinGecko. Etherscan also advises its users not to confirm any transactions that may appear on the website. The attackers attempted to use the hype around the “bored monkeys” non-fungible tokens (NFT) to gain access to the cryptocurrencies of unsuspecting website visitors. Although the websites affected by the scam attempt have reacted in the last few hours and deactivated the advertising pop-up, it is still recommended not to connect your MetaMask wallet to ne
Post a Comment
Read more