Crypto Price Analysis August 11: LDO, CEL, FLOW, BTG, NEXO
As many of the altcoins entered correction today, the likes of Lido DAO and Celsius kept the crypto market from falling after yesterday's rise.
Keep up with what's happening in the crypto world in real-time.
As many of the altcoins entered correction today, the likes of Lido DAO and Celsius kept the crypto market from falling after yesterday's rise.
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
Kenneth Leon, Director of Equity Research at CFRA, joins Worldwide Exchange to discuss Disney's Q3 earnings.
With prices down significantly since the start of the year, there's no better time to stock up on the top 5 new cryptos to invest in. In order to make the selection process easier, we'll be taking a look at the top 5 new cryptos to invest in and providing an overview on how to buy our top pick.
Bulls may continue pushing up the price FLOWUSD Price Analysis – August 11 When the bulls increase their momentum, the price will penetrate the resistance
Flow pumps 50% in seven days to trade at $2.93; however, the coin failed to extend its previous day's bullish rally.
In yesterday's trading session, Flow price closed the markets down 1.4 percent. This is despite going down by 7 percent during the session.
Inflows into digital asset investment products totaled $3 million last week, bringing the sixth consecutive week of inflows to a total of $529 million, CoinShares found in a newly published report. Last week's inflow represented a 96% decline from the $81 million recorded in inflows the previous week.
The Flow price prediction shows that FLOW may cross above the 9-day moving average to hit the $3.0 resistance level.
Altcoins such as Flow and ROSE were among the best performers of the day, with the latter rising by 23%, helping the market cap cross $1.1 trillion.
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs.
In the wake of Meta's announcement, FLOW's price action has brought its 30-day rise to nearly 83%
Cryptocurrency markets are in a bullish mood on Monday, with these three altcoins leading a broad market rally.
Flow (CRYPTO: FLOW) was the best performing crypto token over the last week, rallying 47% over the last seven days. The news was largely driven by an announcement regarding the blockchain's partnership with Meta Platforms' (NASDAQ: META) Instagram to bring NFTs to the social media platform.
Bitcoin price is facing a strong resistance near the USD 23,500 level. It is currently (03:51 UTC) trading near USD 23,300 and is up over 1% in a day and is unchanged in a week.
With varying fundamentals driving their inherent growth, Flow (FLOW), Quant (QNT), and Decred (DCR) are the three altcoins expected to become the next wave of bullish momentum in the crypto ecosystem.
Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668.
Flow has been reaping the benefits of its recent announcements. The same can perhaps be attributed to Meta's collaboration with Flow blockchain.
The crypto market is trying to stay stable for the past few days. However, some cryptocurrencies showed great performance.
It is a bullish first week of August for several cryptos, including FLOW and OP. Network news updates and US economic indicator will remain focal points.
Flow is a project designed to support mainstream adoption of blockchain technology and is the only blockchain that builds usability improvements into the protocol layer.
The cryptocurrencies started the year 2022 on a bearish pull, especially in the month of May with the Terra (LUNA) collapse. However, the crypto space started to recover from the month of July. Among all the currencies that are seeing the bull run, FLOW price is gaining immense traction with its price rally.
Flow Blockchain jumps 100% in price and everyone who has been looking at the charts is probably wondering why. After increasing by more than 100% in a single day, the digital asset has emerged from the shadows and is now on the radar of cryptocurrency investors.
FLOW rockets 42% extending its previous session gains and drew some additional bids around the $2.82 level.