5617

UMA Token Report – 19th Jan’24

UMA Token

UMA represents a decentralized financial contracts platform designed to facilitate Universal Market Access. Its primary objective is to create infrastructure for “priceless” financial contracts within the realm of decentralized finance (DeFi)

UMA is ranked #161 with a market capitalization of nearly $298 million. The current market price of the token is 3.88 USDT

On the daily time-frame, the UMA/USDT trend had been on an uptrend since October, last year. The trend has currently broken out of a flat consolidation with significant volume support and price momentum. The next resistance is expected at 4.23 USDT and the next support is expected at 2.97 USDT.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

MintingM Rating – 4.2/5

download

Ethereum Token Report – 12th Jan’24

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts

ETH is ranked #2 with a market capitalization of nearly $312 billion. The current market price of the token is 2591 USDT

On the daily time-frame, the ETH/USDT trend had been traversing within an ascending channel pattern. The trend has currently broken out of this consolidation with significant volume support and price momentum. The next resistance is expected at 2950 USDT and the next support is expected at 2380 USDT.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

MintingM Rating – 4/5

logo

OPTIMISM (OP) Token Report – 5th Jan’24

Optimism (OP) operates as a second-layer blockchain built atop Ethereum. Leveraging the security of the Ethereum mainnet, Optimism enhances the scalability of the Ethereum ecosystem through the implementation of optimistic rollups. 

OP is ranked #29 with a market capitalization of nearly $3.1 billion. The current market price of the token is $3.4USDT

The OP/USDT trend had broken out of the flat consolidation on the daily timeframe. The trend is now retesting its breakout levels with good trading volumes. The next resistance is expected at 4.18 USDT and the next support is expected at 3.12 USDT.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

MintingM Rating – 3.5/5

logo

HEREDA Token Report – 22nd Dec’23

Hedera (HBAR) stands out as the foremost, eco-friendly, enterprise-level public network designed for the decentralized economy, enabling both individuals and businesses to develop robust decentralized applications (DApps).

HBAR is ranked #72 with a market capitalization of nearly $134 million. The current market price of the token is $0.091 USDT.

The HBAR/USDT price has been on an uptrend since mid of October 2023, doubling in value since then. On the daily time-frame, the trend is on the verge of a breakout from the flat consolidation level with volume support and price momentum. The next resistance is expected at 0.111 USDT and the next support is expected at 0.087 USDT.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

MintingM Rating – 3.85/5

logo

MINA Token Report – 29th Dec’23

The Mina Protocol is a streamlined “succinct blockchain” designed to reduce computational demands, enabling more efficient operation of decentralised applications (DApps). Recognized as the world’s lightest blockchain, Mina maintains a constant size even as usage expands, distinguishing it for its efficiency.

MINA is ranked #59 with a market capitalisation of nearly $1.39 billion. The current market price of the token is $1.35 USDT.

The MINA/USDT price has been on an uptrend since mid of October 2023. On the daily time-frame, the trend had broken out of the Flat consolidation and is now retesting the breakout levels with volume support and price momentum. The next resistance is expected at 1.53 USDT and the next support is expected at 1.2 USDT.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

MintingM Rating – 3.75/5