Germany might store vaccination data on IOTA (MIOTA) blockchain

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Nearly a year ago, back when the world first started becoming aware of coronavirus, many started thinking about how to use emerging technologies to track it, and possibly contain it. Tracking it via blockchain proved to be the most promising solution due to its immutability and ability to store large quantities of data.

Now, the German district of Altötting has the same idea when it comes to vaccination.

Germany turns to blockchain for digital vaccination certificates

According to recent information, the district allowed people who have been vaccinated against COVID-19 to verify their identity digitally via a solution of a Cologne-based company, UBIRCH.

The newly-developed system can work on a number of blockchains, allowing people to verify that they were vaccinated against coronavirus on the go. It is expected that the move will help contagion control, which is more important than ever, as the virus still continues to spread.

According to UBIRCH, the digital certificates will be issued only after the second part of the Pfizer’s vaccine has been administered. After that, the certificate will be safely stored within blockchain technology, and users will have to use their unique private key to access the certificate.

Right now, those who opted to vaccinate against COVID-19 only receive a printed code, which can later be read out via mobile. However, the plan is to save this kind of proof of vaccination into the mobile directly, going forward. That way, the proof of vaccination will be a lot more convenient and much safer.

The virus needs to be contained

As mentioned, the UBIRCH solution is compatible with various blockchains, including IOTA. However, it was not specified which chain they plan to use.

UBIRCH CTO, Matthias Jugel, did admit that the company originally attempted to use Ethereum and Bitcoin, but their high transaction fees and scalability issues eventually caused the firm to drop this idea.

IOTA (MIOTA) network would likely be a lot more suitable, as it is capable of handling data much better than the two top projects.

Using this type of technology for proof of vaccination can be extremely helpful, especially as health authorities claim that the virus continues to mutate. Containing it now is more important than ever, and once again, blockchain seems to be the right solution.

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Crypto.com (CRO) price falls to test support

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Crypto.com launches its exchange, celebrates by rewarding the community

Crypto.com (CRO) price has fallen about 20% in the past few days to revisit January lows.

Fundamental analysis: New offer available

Crypto.com has launched a new incentive program that offers users 0% card fees on all crypto purchases conducted within 30 days of registering.

The discount applies to all digital currencies available on the exchange, which users will be able to purchase with a credit or debit card. More than 80 cryptocurrencies are listed on the exchange, including the biggest ones like Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI) and more.

Crypto.com’s new offer is a rare find as most cryptocurrency exchanges charge fees for credit and debit card purchases. As many leading crypto and DeFi assets are seeking new highs, new traders are now able to enter the market without paying additional fees.

All users who have passed the exchange’s KYC process from January 6 onwards are eligible for the program. After 30 days, Crypto.com will start charging regular card fees once again, which can range between 1.49% to 3.99%, depending on the country.

In addition, users will also be able to invite friends to the program using Crypto.com’s BG25 Referral Program, which refers to a payout system for users who refer to friends. Upon completing the sign-up steps using a referral link received from a friend, the exchange will award both users with $25 in CRO, its native token. These funds can be used when the user orders Crypto.com’s Visa Card.

Technical analysis: Downside risk exists

CRO/USD price is trading over 11% lower this week after failing to sustain gains above the $0.09 mark. Instead, the sellers regained short-term control of the price action to push it lower towards channel support at $0.065.

CRO/USD daily chart (TradingView)

The buyers are now facing resistance in the context of the 100-DMA at $0.074. A break of this line would open the door for a move back above the $0.09 mark. On the other hand, break of the channel’s support opens the door to $0.05.

Summary

Crypto.com has introduced a new incentive program that allows new users to make fee-free crypto purchases using a credit or debit card within 30 days of signing up.

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“We’ve Let the Worst Happen”: Reflecting on 400,000 Dead

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ProPublica is a nonprofit newsroom that investigates abuses of power. This piece was originally published in The Weekly Dispatch, a newsletter that spotlights wrongdoing around the country. Sign up for it here.

In May of last year, ProPublica health care reporter Caroline Chen reflected on the first 100,000 lives lost to COVID-19 and posed an important question: “How do we stop the next 100,000?” Eight months later, with 300,000 additional American lives lost and the chaotic distribution of the vaccine underway, Chen shares her thoughts on where we are and what happens next.

In your 100,000 lives lost piece, you wrote about questions we needed to ask at that moment: “How do we prevent the next 100,000 deaths from happening? How do we better protect our most vulnerable in the coming months? Even while we mourn, how can we take action, so we do not repeat this horror all over again?” It’s been almost eight months since then. What are the biggest questions we need to be asking now?

I’m afraid that we did end up repeating this horror all over again — and again — and again. There’s no way of dancing around this: We’ve failed to protect our most vulnerable. We’ve let the virus spread out of control across America. We’ve let the worst happen.

So here’s the question on my mind now: How are we going to end the pandemic? We have a vaccine in hand, and I’m so grateful for it. It is, truly, a game changer. But there are different ways that this story can go from this moment in January. We can end the pandemic as quickly as possible, with rapid distribution and uptake of the vaccine, with everyone doing their best to maintain best practices (social distancing, etc.) while they wait their turn, prioritizing those who need the vaccine most, doing whatever we can to alleviate the pressure on exhausted health care workers and public health officials.

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Or we can drag it out, with a chaotic and sputtering vaccine rollout, exacerbating inequities in society by letting those who have connections, or money, or power get the vaccine first, and continue to ignore what science tells us, so we have so many more COVID-19 cases that we give the virus evermore chances to mutate away from our currently effective vaccine. We are the authors of the final chapters of this story. How are we going to determine its ending?

In November, parishioners of a church in Minneapolis, Minnesota, light candles in remembrance of members who have died of COVID-19.
Renee Jones Schneider/Star Tribune via Getty Images

You also wrote about choices our nation’s leaders have had to make. What choices are the most pressing right now for the Biden administration?

Biden’s administration does not have the luxury of doing one thing at a time. I’ve watched America lurch from one pandemic theme du jour to another. For a while contact tracing was really hot. Then we all got into antibody testing. Now the hype is about vaccines. This virus is incredibly wily, it’s spreading out of control and front-line workers are exhausted. The administration really needs to be able to work on multiple fronts, bringing in funding, staffing and supplies to sustain public health officials who are trying to do testing while conducting contact tracing interviews while also setting up vaccine clinics.

We can’t rush to vaccinate then drop the testing ball. We still do not have a clear strategy for testing asymptomatic people. I’d love to see a nationwide sharing of sequencing data so we can track and evaluate variants more robustly. Every single health care staff — and hey, what about meatpacking workers and other front-line laborers — should have access to N95s. It’s insane to me that I am still told by some nurses that they have to reuse their masks for two weeks. Last but not least: Clear, consistent and transparent communication from the White House, the Department of Health and Human Services, the Centers for Disease Control and Prevention, the Food and Drug Administration and all branches of government would be desperately welcome.

We’re hearing a lot about mutations and new variants of the virus that spread more quickly. Should we be changing our behavior?

Viruses are constantly mutating; it’s just what viruses do. A lot of these mutations aren’t actually meaningful, and it’s only when they have some sort of functional difference that we consider them a new variant, like the B.1.1.7 variant (also known as the U.K. variant). When a new variant is detected, the question is always, what’s the significance? In the case of the B.1.1.7 variant, it’s pretty clear now that it’s more transmissible, but there isn’t enough data so far to say whether it causes more severe disease.

Still, a more transmissible variant will result in the virus spreading faster, meaning more cases, more overloaded hospitals, diminished therapeutic resources and thus probably a worse outcome if you do get sick — not because you got more severely ill in the first place, but because you didn’t get as good care as you would have otherwise if hospitals weren’t stretched so thin. So far, some B.1.1.7 cases have been found in the U.S., but it doesn’t appear to be dominant. And we need to make sure that doesn’t happen. Epidemiology Professor Andrew Lover at the University of Massachusetts Amherst told me he thinks we’re in a critical period right now — with hospitals still recovering from post-holiday surges, vaccine protection yet to kick in and pandemic fatigue at an all time high. “The vaccine is on the horizon, but it’s really challenging to message that it won’t have a major impact for months,” he said.

Epidemiologist Marc Lipsitch at the Harvard T.H. Chan School of Public Health has argued that contact tracers should prioritize any case that involves a B.1.1.7 variant, because those cases will spread faster. To be able to do that, testing resources — specifically the type of tests that can identify B.1.1.7 — need to be ramped up and widely distributed. As for individuals, however, there’s nothing you need to change about your behavior if you’re worried about variants. You already know what to do, you just have to fight the fatigue and do it. Wash your hands. Wear a mask. Social distance. Seek the outdoors. Get your vaccine when it’s your turn. Do whatever you can to not be a case.

Of all of the great reporting you and other science reporters have done on the pandemic, most people experience only a swath of what the big picture of the pandemic is — the bigger picture that you as a reporter have. You’ve reported on some of these smaller swaths, individual stories and experiences, but also the larger systemic failures. What do we lose sight of with the big picture, and what do we lose sight of with the small picture?

Sometimes when I’m looking at the charts, I have to remind myself what the numbers mean. It’s become so easy after months and months of this to become numb. For example, even though the case count is finally starting to go down in Los Angeles County, and that is good news, it’s not just a trend line. Those are people. And even if I can be happy on one level that the tide seems to be turning in LA County, I should also keep in mind that that’s still 7,900 individuals who were diagnosed with COVID-19 yesterday, and close to 200 people who died. Each person — as my May essay said — was somebody’s everything. I have to remember that, so I don’t ever treat the numbers like just numbers in my reporting.

Maricela Arreguin Mejia and her brother Nestor Arreguin mourn the death of their father Gilberto Arreguin Camacho on Dec. 31, 2020 in Whittier, California. Camacho died from COVID-19.
Patrick T. Fallon/AFP via Getty Images

On the flip side, when I’m listening to people’s stories, I always keep in mind that one person’s experience may not speak for the whole. There are a lot of vaccine snafus happening across the country right now. Some of them are dysfunctions unique to that particular vaccine site, and as a national reporter, they’re not my story to tell. So I talk to a lot of people and gather as many stories as I can. And when I start to hear the same themes repeat over and over, that’s when I start to think, Hmmm, there’s something going on here. It’s not a good sign when clinics across the country are all canceling appointments on the same day. That’s when I swing into action to try and find out the Why. That’s a ProPublica story.

You wrote eight months ago: “I refuse to succumb to fatalism, to just accepting the ever higher death toll as inevitable. I want us to make it harder for this virus to take each precious life from us. And I believe we can.” What were you feeling then that fueled you to write about refusing to succumb to fatalism, and what are you feeling now?

What was I feeling? Oh, boy. I was leaking tears and writing at the same time because our brilliant visuals editor Andrea Wise was sending me her selections for that essay and I was looking at the images just thinking how awful it was for people to have to be going through this: not just to be sick and die, but in so many cases to have to die alone — or to have a loved one in the hospital and not be able to be by their side. There’s one image in there of a funeral home in New Jersey with the spaced out chairs that seemed so bleak to me. Even after your loved one’s death, you couldn’t lean close to a friend or relative for comfort.

I didn’t want people to just roll over and accept that more people would die. It angered me that some people were ignoring the guidance of public health officials and what science told us could help reduce cases. I wanted people to realize that there’s accountability at all levels: from federal policies all the way down to your own actions, every day.

And now? I’m tired. I miss my family so much (they’re mostly overseas). But I still haven’t given up. I remind myself that I can’t solve the world’s problems, but I can do my little bit as a health reporter and hope it helps, somehow. And now there’s a new administration. I don’t think it’ll be perfect by any means, but I am hopeful to see that President Biden
takes the pandemic seriously and I look forward to seeing what actions his administration takes in the coming weeks.

We know the vaccine distribution isn’t going well. But what reasons do we have to be hopeful?

Well for starters, we have a vaccine that works! Two, in fact, and potentially another on the way (Johnson & Johnson’s). As a former biotech reporter, I know that drug development is a slog, so the fact that we have two very efficacious vaccines that made it to market in under a year is truly amazing.

A healthcare worker and patient at a free COVID-19 test center in Los Angeles.
Ringo Chiu/AFP via Getty Images

But of course, shots in the vial are pointless if they don’t get to people’s arms. So where am I seeing hope? So far, production appears to be going OK. There obviously isn’t as much available vaccine as the demand, but there haven’t been any major manufacturing snafus, so I expect Pfizer and Moderna to continue to ramp up as planned.

I am also hoping that as more vaccines become available, this should (fingers crossed) coincide with federal, state and local entities sorting out the logistical issues that have plagued the rollout so far. Ideally, things will go more smoothly when the bulk of the supply becomes available. I’ll stay optimistic, while looking out for everything that may be going wrong, of course. That’s my job.


Polkadot(DOT) Price Establishing a key Weekly Range, Will DOT Price Swing High Past ATH?

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DOT price is  important weekly close coming up that will determine the momentum of the prevailing bullish trend. Price action is to close in resemblance to a bullish hammer which will indicate strong momentum to the upside.

  • Price Action Equilibrium Bull Break
  • Weekly S/R Established and respected
  • Strong Bullish Volatility Expansion

DOT Price Analysis: Weekly Chart

DOT Price Action Analysis
Chart by Tradingview

Observing the chart we can see price action forming equilibrium where supply and demand balances before an impulsive break. Evidently being the case this break was a bullish one that followed suite after a Doji Candle Close. The expansion was backed with increasing volume as reflected in the volume profile; this indicated a true break in nature. Follow through was evident that led to an initial bullish volatility expansion.

A Weekly S/R was established successfully as price action held a base for two consecutive candle closes, this base associated around the $9.50 region.

Holding this level was crucial for a bullish bias as volume indicated strength with follow-though being imminent, again evidently being the case. The providential fact that this level got respected was a tail sign of further upside.

A strong bullish volatility expansion followed suit as price action continued to rise with increasing volume. DOT price managed to put in a swing high at $19.40, marking the all-time high and the current objective for a continuation. A well-established weekly range has now come to fruition, with a weekly close in the coming days, will determine the likely-hood of taking out swing high. As of current there has been a strong buy back in price action resembling a bullish hammer. How this next weekly candle closes will determine the momentum of the prevailing bullish weekly volatility expansion.

Hope this article helps when making discretionary decisions.

The post Polkadot(DOT) Price Establishing a key Weekly Range, Will DOT Price Swing High Past ATH? appeared first on Coingape.

Crypto Companies Eye Public Debut As IPO Frenzy Heats Up

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Ripple XRP Brad Garlinghouse IPOCrypto companies seem to be eager to make their public debut this year as the crypto market crossed the trillion-dollar market cap this bull run. Coinbase was among the first crypto companies to announce their decision to go public with an IPO in the first quarter of 2021. Bakkt became the second prominent crypto firm to announce that it would go public by merging with a SPAC company followed by eToro.

A total of 8 crypto companies till now have announced their plans to get listed on publically traded exchange this year and many might follow a similar suit. The IPO market has proven to be a great game-changer for many startups and firms over the last decade as their valuation has more than doubled soon after listing the most recent example being Airbnb IPO.

The funding rate has also seen a significant rise over the years as the amount of capital raised has increased, suggesting the rising investor interest in these public offerings.

How Crypto Companies Would Fair in Traditional Market?

The IPO market is currently a hot cake as stocks surged nearly 70% since the last fall in March, thus the time could play in crypto companies’ favor. Coinbase was valued at $8 billion in 2018 and currently holds nearly $90 billion in assets on its platform with a 45 million user base, thus making it one of the most prominent IPOs in the crypto world.

The growing interest of institutions and wall street can also drive the crypto IPO frenzy further as more crypto companies decided to cash on the bulls Sentiment. Nice Carter, co-founder of Coin Metrics said that the world is looking at the crypto industry now as the traditional financial system shows signs of crumbling and he belive the world would bet their money on the fastest growing industry. He said,

“It’s a pure-play bet on the fastest growing industry in the world, crypto, and we’re in the loosest money regime in history,”

Matt Maley, chief market strategist at Miller Tabak + Co believes the crypto IPO frenzy could also be signaling that the top companies in the space are trying to cash on the recent attention around bitcoin and crypto assets in general. He explained

“When a bunch of companies in the same sector goes public at the same time, it tells you that the people who run those companies realize that their valuations are very high. The smart guys are taking advantage of this parabolic move right now.”

The post Crypto Companies Eye Public Debut As IPO Frenzy Heats Up appeared first on Coingape.

Bitcoin Mining Difficulty Rises to ATH amid Market Wide Shortage of Mining Chips

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Bitcoin mining difficulty has peaked to a new all-time-high almost for the first time in three months when the bitcoin bull run started towards the end of October 2020. The low bitcoin mining difficulty throughout the bull run suggests that there was less pressure on miners as the rising price compensated for them.

Another factor attributed to the low mining difficulty in the recent past is being owed to a mining chip shortage in the market. China accounts for more than 60% of the bitcoin mining and as per reports, there is a significant shortage of new mining chips due to the pandemic. This has also led to a rise in the prices of bitcoin mining rigs in the second-hand market.

Lei Tong, managing director of financial services at Babel Finance, which lends to miners, explained the current crisis and said,

“almost all major miners are scouring the market for rigs, and they are willing to pay high prices for second-hand machines.”

“Purchase volumes from North America have been huge, squeezing supply in China.”

As Mining Difficulty Peaks Would Bitcoin Price Follow?

Bitcoin mining difficulty is a prime indicator of competition among miners to mine the next block, in the wake of the third block reward halving many miners were worried that they might have to give up mining as the price of BTC was hovering around $13k making it difficult to generate profit. However, as the price shot up mining difficulty eased, and mining through old rigs also became profitable thus cooling off the competition.

Bitcoin over the past three weeks has seen a break in its three-month-long bullish momentum with a couple of price corrections over 10%, taking its price below $30,000 for a short period. The top cryptocurrency is currently trying to regain the $32,000 price level. With the mining difficulty reaching new ATH, bitcoin price which has not seen much price action over the past couple of weeks might be gearing up for another price rally.

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Is Peter Schiff Secretly Accumulating Bitcoin? Schiff Gold Website Accepting BTC Payment

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Peter Schiff, the well-known gold proponent who is often in the headlines for his Bitcoin rants has found himself in a tricky situation when Peter McCormack pointed out that his website Schiff Gold allows people to purchase gold using bitcoin and a few other altcoins.

Schiff who is often seen criticizing bitcoin and claims of it being a form of money or store of value most of the time is an avid gold bug who believes the only reason behind bitcoin’s growth is the hype created by its proponent. However, the recent discovery about his website accepting bitcoin for sure dent his claims about the top cryptocurrency.

Source: Schiffgold

Bitcoin has managed to more than double its 2017 all-time-high of $20,000 which also forced saw many institutions to finally jump on the bandwagon as the scarcity factor kicks in. Schiff on the other hand has maintained his passive stance on BTC throughout even when a few institutions have cut their exposure in gold to invest in Bitcoin.

Gold Falls Behind Bitcoin as Choice of Hedging Asset

At the start of the outbreak of the coronavirus pandemic, gold performed outperformed bitcoin in the first quarter of 2020 registering it’s all-time-high, however second quarter onwards gold started to lose its luster in the eyes of institutions as its price continued to tumble despite institutions looking for a hedging asset as the world economy started to crumble.

Bitcoin emerged as the growing choice for many institutions and the likes of MicroStrategy even converted nearly 1.5 billion dollars of their treasury into bitcoin which has already turned into $2.3 billion in valuation.

Peter Schiff might continue to deny Bitcoin’s growing influence as a store of value, but his son, funnily enough, disagrees with him and is a big-time Bitcoin proponent who also forced Schiff to invest in the top cryptocurrency back in the day.  Many also speculate that the gold proponent might just be playing all along and might hold a significant portfolio in Bitcoin himself.

The post Is Peter Schiff Secretly Accumulating Bitcoin? Schiff Gold Website Accepting BTC Payment appeared first on Coingape.

Will ETH Price Triumph Or Reject at All time High, Price Action in In-decision on Weekly

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ETH Price action is likely to range between these two regions, breaking either will likely follow suit with a strong volatility move.

  • Initial Price Action Double Top Rejection
  • Key Weekly S/R Support Respected
  • RSI Swing High Exceeded

ETH Price Analysis: ETH Weekly Chart

ETH Weekly
Chart by Tradingview

Preluding to the technical chart, ETHUSDT managed to flip lower weekly S/R by confirming an S/R Flip retest before a strong bullish volatility expansion. This initiated to a strong move that ended up testing the all-time high region. A rejection is evident as a volume climax node indicated a temporary top; this established a local double top rejection.

A bearish expansion followed suit that retested weekly S/R as support, being a critical level, it was respected on multiple attempts.

This signified buyers holding lower support areas whilst sellers rejecting price at resistance leading to price action indecision. As of current price action is resting under key weekly resistance, breaching this will show strength towards a bullish case.

The current volume profile has declining volume after a climax at the key all-time high region. This is indicative of an influx coming to fruition before another expansion.

Hope this article helps when making discretionary decisions.

The post Will ETH Price Triumph Or Reject at All time High, Price Action in In-decision on Weekly appeared first on Coingape.

Chainlink (LINK) Flips Litecoin (LTC) As 7th Largest Crypto With New ATH and Network Growth

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It’s been a great start of 2021 for the overall cryptocurrency market and particularly for oracle service provider Chainlink (LINK). While the overall crypto market remains calm, the LINK cryptocurrency has shot 15% today hitting a new all-time high of $24.34.

Interestingly, with a $9.5 billion market cap, the LINK cryptocurrency has become the seventh most-value cryptocurrency flipping Litecoin (LTC). Also, the year-to-date gains for LINK stand at more than 100%. Moreover, the LINK price rally is not just a wave but rather backed with strong fundamentals and on-chain metrics.

The Chainlink network has registered record growth with daily active addresses seeing a rapid increase. As per on-chain data provider Santiment, “5,301 new addresses created is 143% higher than its 2,189 three months ago”. Interestingly, the active addresses had nearly touch 10k five days back.

Courtesy: Santiment

Also, as per last week’s “Holders distribution data,” the mid-tier addresses for Chainlink have been rapidly increasing in number. Independent crypto researcher Crypto Oracle notes that nearly 90% of blockchain applications require oracle to create value. Thus, the researcher cites major growth for Chainlink going ahead.

Chainlink Attracts Institutional Players

The Chainlink network and its LINK cryptocurrency seem to be attracting institutional interest. As CoinGape reported earlier today, Grayscale looking to add the LINK Trust to its basket of crypto products.

Already big tech giants like Google have started using Chainlink oracles to move the off-chain data to different blockchain networks. Also as the DeFi market continues to expand rapidly, Chainlink is seeing heavy demand among different decentralized applications. The recent blogpost mentions:

“As the market-leading decentralized oracle solution, Chainlink is meeting this growing demand by continually expanding the types of data available to smart contracts across all the leading blockchains, including market data, gaming data, insurance data, proof of reserves, and a wide range of additional datasets and computations”.

Chainlink applications and usage are like to grow further in the future looking at the current market developments. We expect the LINK cryptocurrency to gain more strength in the coming times. To understand any immediate price movements, take a look at our recent LINK technical analysis.

The post Chainlink (LINK) Flips Litecoin (LTC) As 7th Largest Crypto With New ATH and Network Growth appeared first on Coingape.

Monero, Waves, Tron price analysis roundup

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Monero, Waves, Tron price analysis roundup

The cryptocurrency continues to lose its value this week, the price of Bitcoin went below $30000 this Friday, and the risk of further declines is not over yet. Monero, Waves, and Tron’s price is also under pressure, but these three cryptocurrencies still remain in a bull market.

If the price of Bitcoin falls again below the $30000 support level, it would be a firm “sell” signal, and this would add further pressure to the whole cryptocurrency market. The positive news is that Joe Biden’s Treasury Secretary Janet Yellen said this week that she considers the benefits of cryptocurrencies and other digital assets.

Janet Yellen said that we should use the potential of cryptocurrencies to improve the financial system’s efficiency.

“I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities. If confirmed, I intend to work closely with the Federal Reserve Board and the other federal banking and securities regulators on how to implement an effective regulatory framework for these and other fintech innovations,” said Mrs. Janet Yellen, President Joe Biden’s secretary treasury nominee.

Monero (XMR) is trading again above the $130 support level

Monero has been moving in an uptrend since the middle of March, and for now, there is no signal of the trend reversal.

Data source: tradingview.com

On this chart, I marked significant resistance and support levels. The critical support levels are $130 and $110; $150 and $170 represent the resistance levels.

If the price jumps above $150, it would be a signal to buy Monero (XMR), and we have the open way to $160 or even $170. On the other side, if the price falls below $110, it would be a firm “sell” signal and probably a trend reversal sign.

Waves (WAVES) remains in a bull market

Waves (WAVES) price has advanced from $3.17 above $9 since the beginning of November, and the current price stands around $6.6. The critical support levels are $6 and $5, $7 and $8 represent the resistance levels.

Data source: tradingview.com

There are some obvious risks when it comes to buying Waves (Waves) this January, but if the price jumps above $7, it will probably reach again $8 resistance level.

Tron (TRX) remains in a buy zone

Data source: tradingview.com

According to the rules of technical analysis, the main trend of this cryptocurrency remains bullish. The important resistance levels are $0.035 and $0.040; $0.025 and $0.020 represent the important support levels.

If the price jumps above $0.035, it would be a signal to buy Tron (TRX), but if the price falls below $0.025, it would be a strong “sell” signal.

Summary

The cryptocurrency continues to lose its value this week, but the price of Monero, Waves, and Tron still remains in the bull market. If the price of Bitcoin falls again below the $30000 support level, it would be a firm “sell” signal, and this would add further pressure to the whole cryptocurrency market.

The post Monero, Waves, Tron price analysis roundup appeared first on Invezz.