in

Curve, ICON, And Serum Expect Bullish Moves, Crypto Analyst Says | CryptoGazette

Source: Pixabay


The crypto market has been seeing some necessary corrections lately, but this is not stopping all kinds of bullish predictions from popping up.

The latest ones have been revealed by the famous crypto analyst Michaël van de Poppe.

Bullish price moves for significant altcoins

The analyst just said that Curve (CRV), the governance token of the stablecoin decentralized exchange Curve Finance, is currently gearing up for a bullish continuation after it dips to support around $2.40.

“I think that CRV is ready for continuation here as we’re making a bullish S/R [resistance to support] flip here.”

 

The analyst also addressed SRM, the governance token for Serum, a decentralized exchange and ecosystem.

Van de Poppe said that the asset is trading close to his area of interest against Bitcoin (SRM/BTC) at 0.0001888 BTC or $8.07.

“This one is at a point of interest here, might be a great S/R flip for bullish continuation to be happening.”

The third exciting project that the analyst addressed is ICON.

Van de Poppe also sees gains from ICX, the native asset for ICON, a hybrid blockchain platform that allows enterprise blockchains to interact with public blockchains and vice versa.

He’s been checking out key levels for ICON against Bitcoin (ICX/BTC) where the pair might continue its ascent.

“Slightly messy chart here, but it followed the path. Now at resistance. Looking at 0.0000325 BTC ($1.39) for a potential play, if it gets there. Breaking above 0.000053 BTC ($2.27) = 0.00008 BTC ($3.42) next.”

Bitcoin in the crypto market

Regarding Bitcoin, the king coin suffered various corrections in price. When writing this article, BTC is still trading in the red, and the digital asset is priced at $42,322.51.

During a recent interview, Michael Saylor addressed how Bitcoin can help companies’ balance sheets. Check out his post on social media below.

Stay tuned for more news.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What do you think?

Crypto Stake Introduces Blockchain Technology to Betting Industry

Daily Bitcoin News September 17th, 2021