Wave Digital Assets Launches Polygon Yield Vehicle with $30M Investment
[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity […]
[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity […]
Calm Before the Storm: DOT Ready to Rally to $9? (Polkadot Price Analysis)
On the daily chart, the cryptocurrency has been range-bound inside a rising wedge pattern. This is a classical bearish reversal or continuation pattern that would be validated if the price breaks it to the downside. Meanwhile, the market has also been hovering around the 200-day moving average, making gradual higher highs and lows.
Therefore there is also a considerable possibility for DOT to break the pattern to the upside and rally toward the $9 resistance level. Yet, everything depends on the direction of the breakout from the pattern.
Looking at the 4-hour chart, the price action inside the rising wedge pattern becomes much more clear. DOT has tested both the higher and the lower boundary of the channel multiple times now. It is currently rebounding from the lower trendline and gaining momentum to move toward the higher one.
If successful, the pattern is likely to get broken this time, and a new bullish wave might begin. However, if somehow the price crashes to the downside, a decline toward the $6 level and lower would be highly probable.
While Polkadot’s price is slowly making higher highs and lows around the $7 level, taking a look at the Binance liquidation heatmap gives us a clue as to why this is the case.
As the chart shows, the price has failed to drop below the $6.8 level. There might be a concrete reason for this behavior. There is a lot of liquidity below the $6.8 level, which could be the stop-loss orders and liquidation prices of many whales. Therefore, they have been defending their positions by pushing the price higher.
The same thing goes for the $8 zone, as there is also a lot of liquidity residing there. Therefore, these are the two primary levels the price is currently trapped between, and a breakout from each one could aggravate the prevailing direction of the market by triggering liquidation cascades.
On the daily chart, the cryptocurrency has been range-bound inside a rising wedge pattern. This is a classical bearish reversal or continuation pattern that would be validated if the price breaks it to the downside. Meanwhile, the market has also been hovering around the 200-day moving average, making gradual higher highs and lows.
Therefore there is also a considerable possibility for DOT to break the pattern to the upside and rally toward the $9 resistance level. Yet, everything depends on the direction of the breakout from the pattern.
Looking at the 4-hour chart, the price action inside the rising wedge pattern becomes much more clear. DOT has tested both the higher and the lower boundary of the channel multiple times now. It is currently rebounding from the lower trendline and gaining momentum to move toward the higher one.
If successful, the pattern is likely to get broken this time, and a new bullish wave might begin. However, if somehow the price crashes to the downside, a decline toward the $6 level and lower would be highly probable.
While Polkadot’s price is slowly making higher highs and lows around the $7 level, taking a look at the Binance liquidation heatmap gives us a clue as to why this is the case.
As the chart shows, the price has failed to drop below the $6.8 level. There might be a concrete reason for this behavior. There is a lot of liquidity below the $6.8 level, which could be the stop-loss orders and liquidation prices of many whales. Therefore, they have been defending their positions by pushing the price higher.
The same thing goes for the $8 zone, as there is also a lot of liquidity residing there. Therefore, these are the two primary levels the price is currently trapped between, and a breakout from each one could aggravate the prevailing direction of the market by triggering liquidation cascades.
Just a week ago, Hedgehog in the Mist flew into the infopole and closed a $600k presale in 602 seconds. it was actively fluffed not only by TON Influencers, but also by web2 media + celebrities of different levels.
Over the past week the project:
Further the project plans to enter Turkey, Brazil and other countries, where it will make collaborations with cult characters of these regions and unite them all. every entry to a new country - an influx of audience to the project.
Watch out for the listing tomorrow. it will go up on ston.fi
The contract will be in the official channel of the project.
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couple: https://app.ston.fi/swap?chartVisible=false&chartInterval=1w&ft=TON&tt=HIF
CA: EQCLWvCj44QYTeLujnCYKH7DoAuk_O7QI-LnAt3X5bOfNFMy
guide: https://tttttt.me/hedgehoginthefogen/60
site: hedgehoginthefog.xyz
the project dropped snipers and showed a good start, keep watching
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Hedgehog in the fog
$HIF on LIVE!
LFG to StonFi - https://app.ston.fi/swap
CA: EQCLWvCj44QYTeLujnCYKH7DoAuk_O7QI-LnAt3X5bOfNFMy
Instructions:
1. The first thing you need is to get TON. You can do that on CEXs (bybit, OKX, Gate.io, MEXC, Wallet in Telegram etc) through swapping…
LFG to StonFi - https://app.ston.fi/swap
CA: EQCLWvCj44QYTeLujnCYKH7DoAuk_O7QI-LnAt3X5bOfNFMy
Instructions:
1. The first thing you need is to get TON. You can do that on CEXs (bybit, OKX, Gate.io, MEXC, Wallet in Telegram etc) through swapping…
Bitcoin Soars Above $70K, Eyes New All-Time High but There’s a Catch (BTC Price Analysis)
Bitcoin’s price seems to be on the verge of creating a new all-time high, as only one significant resistance zone is standing in its way. Technical Analysis By TradingRage The Daily Chart The price has been tested to the higher boundary of the large descending channel and the $69K resistance level in the daily timeframe. […]
Bitcoin’s price seems to be on the verge of creating a new all-time high, as only one significant resistance zone is standing in its way. Technical Analysis By TradingRage The Daily Chart The price has been tested to the higher boundary of the large descending channel and the $69K resistance level in the daily timeframe. […]
LRT Skyrockets 10x in First 24 Hours, Game Launch is a Massive Success
[PRESS RELEASE – Dubai, UAE, June 5th, 2024] LandRocker, the groundbreaking Play-to-Earn (P2E) gaming platform, has made a spectacular entry into the market, achieving remarkable milestones that have positioned it as a leader in the P2E gaming sector. The recent listing of LandRocker’s token (LRT) on MEXC and Uniswap has been met with overwhelming success, […]
[PRESS RELEASE – Dubai, UAE, June 5th, 2024] LandRocker, the groundbreaking Play-to-Earn (P2E) gaming platform, has made a spectacular entry into the market, achieving remarkable milestones that have positioned it as a leader in the P2E gaming sector. The recent listing of LandRocker’s token (LRT) on MEXC and Uniswap has been met with overwhelming success, […]
eTukTuk Launches P2E Game on App Store as Presale Races Toward $3.5M
eTukTuk ($TUK), an AI-enhanced sustainable transport cryptocurrency, is speeding toward the $3.5 million mark at presale, with excitement building on the launch of its new game. It recently unveiled a new Play-to-Earn (P2E) game called Crazy Tuk Tuk Taxi. In this game, users race around the bustling streets of Sri Lanka, picking up and dropping […]
eTukTuk ($TUK), an AI-enhanced sustainable transport cryptocurrency, is speeding toward the $3.5 million mark at presale, with excitement building on the launch of its new game. It recently unveiled a new Play-to-Earn (P2E) game called Crazy Tuk Tuk Taxi. In this game, users race around the bustling streets of Sri Lanka, picking up and dropping […]