CFXX

CONFLUX Token Report – 19th May’23

Conflux (CFX) is a layer-1 blockchain that has been specifically designed to empower decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. Its aim is to surpass existing protocols in terms of scalability, decentralization, and security.

CFX token is ranked #54 with a market capitalization of nearly $862 million. The current market price of the token is $0.3 USDT

On the daily timeframe, the CFX/USDT had been on a steady downtrend since Apr’23. The chart has now broken out of the descending trendline. Further, the RSI is at a healthy level of 50. An immediate support is expected at 0.245 USDT and next resistance is expected at 0.345 USDT.

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MintingM Rating – 3/5


KAVA

KAVA Token Report – 12th May’23

Kava is a Layer-1 blockchain that integrates the efficiency and compatibility of Cosmos with the
development capabilities of Ethereum. The platform was designed with a focus on resource
optimization for protocol expansion, bolstered by its employment of Cosmos EVM technology,
which facilitates optimal scalability, rapidity, safety, and developer assistance.

KAVA token is ranked #83 with a market capitalization of nearly $472 million. The current
market price of the token is $0.915 USDT


On the daily timeframe, the KAVA/USDT trend had been on the decline since May of last year.
The trend is now on the verge of a breakout from the descending trendline. Further, we also can
observe a surge in the buying volumes. An immediate support is expected at 0.83 USDT and
next resistance is expected at 1.057 USDT.

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MintingM Rating – 4/5

INJ

INJECTIVE Token Report – 05th May’23

Injective is a finance-focused blockchain that serves as a foundational layer for advanced DeFi
applications, such as decentralized exchanges for trading spot and derivatives, lending
protocols, prediction markets, and others. What sets Injective apart is its ability to offer robust
financial infrastructure primitives that enable applications to operate more effectively.

INJ token is ranked #72 with a market capitalization of nearly $611 million. The current market
price of the token is $7.62 USDT


The INJ/USDT trend had formed a distinctive double bottom pattern on the weekly time-frame. It
has now broken out of the consolidation phase with a good buildup of volume. An immediate
support is expected at 6.4 USDT and next resistance is expected at 10 USDT.

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MintingM Rating – 4/5



ALHPA

ALHPA Token Report – 28th Apr’23

Alpha Venture DAO is a group of individuals who seek to influence the future of Web3 and collaborate with a network of Web3 industry leaders and the Alpha community. Their goal is to create a vast ecosystem of decentralized applications that can generate value regardless of which chains or sectors ultimately prevail in the Web3 realm.

ALPHA token is ranked #283 with a market capitalization of nearly $122million. The current market price of the token is $0.119 USDT

The ALPHA/USDT has bounced off from the lower trendline and is approaching the breakout levels. We can also observe a volume buildup and expect the trend to continue its positive movement. An immediate support is expected at 0.112 USDT and next resistance is expected at 0.138 USDT.

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MintingM Rating – 3.75/5

ZIL

ZILLIQA Token Report – 21st Apr’23

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and from October 2020, it also allows for staking and yield farming.

ZIL token is ranked #86 with a market capitalization of nearly $518million. The current market price of the token is $0.032 USDT

The ZIL/USDT chart has broken out of the descending trendline with good volume on a daily time frame, immediate support is expected at 0.029 USDT and next resistance is expected at 0.038 USDT.

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MintingM Rating – 3.75/5