filecoin

Filecoin Token Report – 23rd Feb’24

FILECOIN Token

Filecoin operates on an open protocol supported by a blockchain, which registers the agreements established by network participants. Transactions within this blockchain utilize FIL, its native currency. The protocol integrates both proof-of-replication and proof-of-spacetime mechanisms.

FIL is ranked #23 with a market capitalization of over $4.11 billion. The current market price of the token is 8.1 USDT

On the daily time-frame, the FIL/USDT trend has broken out of the descending trendline with considerable volume support. This is a multi-week breakout, indicating that the trend would continue on an upward trajectory. The next resistance is expected at 9.1 USDT and the next support is expected at 7.7 USDT.

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MintingM Rating – 4/5

render-token

Render Token Report – 16th Feb’24

RENDER Token

RenderToken (RNDR) is a decentralized GPU rendering network that operates atop the Ethereum blockchain, with the goal of linking artists and studios seeking GPU computational resources to mining partners who are open to leasing their GPU capacities.

RNDR is ranked #45 with a market capitalization of over $2.1 billion. The current market price of the token is 5.66 USDT

On the daily time-frame, the RNDR/USDT trend has broken out of flat consolidation with good volume support. The trend is expected to maintain its upward trajectory in the coming days. The next resistance is expected at 6.18 USDT and the next support is expected at 5.28 USDT.

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MintingM Rating – 3.83/5

Coti

COTI Token Report – 9th Feb’24

COTI Token

COTI stands out as among the pioneering blockchain protocols globally, specifically tailored for decentralized payments, catering to the needs of merchants, governments, payment decentralized applications (DApps), and stablecoin issuers.

COTI is ranked #278 with a market capitalization of nearly $160 million. The current market price of the token is 0.084 USDT

On the daily time-frame, the COTI/USDT trend has broken out of a descending trendline with tremendous volume support. The trend is expected to maintain its upward trajectory in the coming days. The next resistance is expected at 0.105 USDT and the next support is expected at 0.073 USDT.

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MintingM Rating – 4/5

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Chainlink Token Report – 2nd Feb ’24

CHAINLINK Token

Chainlink is a blockchain abstraction layer, facilitating seamless connectivity for smart contracts across various platforms. By employing a decentralized oracle network, Chainlink ensures secure interactions between blockchains and external data feeds, events, and payment systems

LINK is ranked #12 with a market capitalization of nearly $10.2 billion. The current market price of the token is 17.92 USDT

On the daily time-frame, the LINK/USDT trend has broken out of a horizontal channel pattern with good buying volumes and price momentum. The trend is expected to maintain its upward trajectory in the coming weeks. The next resistance is expected at 19.54 USDT and the next support is expected at 17.21 USDT.

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MintingM Rating – 3.5/5

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Synapse Token Report – 26th Jan’24

SYNAPSE Token

Synapse (SYN) is an interoperability protocol specifically crafted for the secure and reliable exchange of diverse data between blockchains. Users of Synapse have the capability to seamlessly transfer and exchange their assets across a wide array of chains, including layer-1, layer-2, and sidechain ecosystems.

SYN is ranked #319 with a market capitalization of over $113 million. The current market price of the token is 0.81 USDT

On the daily time-frame, the SYN/USDT trend had recently broken out of a flat consolidation. The trend is now re-testing the breakout levels with significant volume support and is expected to maintain an uptrend in the coming weeks. The next resistance is expected at 1.03 USDT and the next support is expected at 0.76 USDT.

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MintingM Rating – 3.85/5