Price Prediction For October 16: LUNC, KLAY, ESN, WAVES and XRP

Some crypto markets appear to have lost steam and, as a result, lost price moments in the crypto world. Sellers have played a significant role in causing a decline in market structure, with more impact to be felt in the coming days.


The XRP appears to be relaxed in consolidation despite sellers’ holding the market at the moment. The Ethereum name service token has lost bullish steam as sellers are holding the price down. The Klay, Waves, and Terra continue to plunge downward in the market.

Terra Luna Classic

The selling pressure is currently felt as we speak. The bears are aiming to cause a plunge downward back to the safest order level, which is at the $0.00019180 key zone. The Parabolic SAR (Stop and Reverse) indicator shows selling strength still at large on the token price

Price Prediction For October 17: Terra, Klay, ESN, WAVES and XRP

Terra Luna Classic (LUNC/USD)

Current Price: $0.0002633
Market Capitalization : $1.8B
Trading Volume : $2.2B
7-day Gain: 17.4%

 

Klaytn (KLAY/USD)

The crypto market has been on a bearish plunge even before the price broke out from the Bollinger Band indicator below the $0.1810 key zone. As the selling moment is still bound to continue, traders should anticipate the price pulling back. The Stochastic Oscillator is already oversold due to the massive plunge downward. A retracement is bound to take place before a further breakdown to the $0.1380 key zone.

Price Prediction For October 17: Terra, Klay, ESN, WAVES and XRP

Klaytn (KLAY/USD)

Current Price: $0.1424
Market Capitalization : $4.3B
Trading Volume : $28M
7-day Gain: -0.13%

Ethereum Name Service (ESN/USD)

The sellers are currently seen holding a bullish charge after breaking through the $20.380 key zone. Below this level, the sellers are attempting to decline in price. The Stochastic Oscillator shows us that buying activity has almost expired at the moment, so a price retracement is essential before buyers can get enough strength to go lower.

Price Prediction For October 17: Terra, Klay, ESN, WAVES and XRP
Ethereum Name Service (ESN/USD)
Current Price: $18.96
Market Capitalization : $1.9B
Trading Volume: $94M
7-day Gain: -2.16%

Waves (WAVES/USD)

The Waves token appeared to have declined by 1.45%, but the bearish impact is now being held back by buyers in the crypto market. The Moving Average cross is still expanding as the bearish market is more likely to continue. After the price pulls back, traders should anticipate a selling tendency in the crypto market.

Price Prediction For October 17: Terra, Klay, ESN, WAVES and XRP
Waves (WAVES/USD)
Current Price: $3.48
Market Capitalization : $382M
Trading Volume: $117M
7-day Gain: -1.78%

XRP (XRP/USD)

The XRPUSD keeps consolidating as sellers continue to hold ground. The buyers are currently trading against the sellers’ moment following their recent drop in price. The RSI (Relative Strength Index) opens room for a buying setup as the signal is close to leaving the selling region. More purchasing power will be seen in the coming days.

Price Prediction For October 16: LUNC, KLAY, ESN, WAVES and XRP
XRP (XRP/USD)
Current Price: $0.4732
Market Capitalization : $47B
Trading Volume : $1.5B
7-day Gain: -0.22%

Key Points to Note about IMPT Token

Following are the key points of the IMPT token:

  • IMPT.io is a blockchain initiative that aims to reduce emissions by incentivizing users to cut back on their carbon footprint via the use of carbon credits and a novel social media platform.
  • Over 10,000 of the most well-known companies in the world have joined forces with the IMPT.io team. As a result, more people will be exposed to the initiative.
  • Phase 1 of the presale is already underway, and investors can get their hands on 600,000,000 IMPT for only $0.018 apiece.
  • Due to the platform’s revolutionary use of blockchain technology, users rest assured that the carbon credits they buy are legitimate.
  • IMPT’s staff is made up of doxxed leaders in each field and has years of combined expertise. This amount of openness is quite encouraging, and it suggests that the initiative has a bright future.

How to Buy IMPT Token – A Beginner’s Guide

 
There is a growing concern over the cryptocurrency industry’s impact on the environment, and as a result, numerous initiatives are taking steps to lessen or eliminate its negative effects. IMPT is one initiative that intends to advance matters further by radically altering the carbon credit trading and utilization processes.

This article explains how to buy IMPT tokens and provides an in-depth Analysis of the project and its potential impact on the future of the cryptocurrency industry. In addition, we highlight the token’s present price and offer insight into its future worth based on the data we have at this time.

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Solana-Based BONK Overtakes Shiba Inu & Dogecoin Volumes

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BONK , a memecoin based on the Solana (SOL) network, has seen a significant price rise since November. The memecoin’s price remained stagnant for most of 2023 but has skyrocketed over the last month. Also Read: Here is How To Be a Millionaire When BONK Hits $0.01 BONK ’s recent rally follows a listing on Coinbase, one of the most significant crypto exchanges. Moreover, the Solana -based token’s trade volume has surpassed rivals such as Dogecoin (DOGE) and Shiba Inu (SHIB) on Coinbase, exceeding the $30 million mark. Will the Solana-based memecoin surge further? Source: NFT Evening Since January, BONK’s price has surged by over 6700%, making it one of the best-performing cryptocurrencies in 2023. The token has outperformed the likes of Solana (SOL), which has surged nearly 1000%, and Bitcoin (BTC), which has risen by about 160% in the same time frame. However, despite the recent price spike, the Solana -based token has faced a massive correction, falling by over 14% in the
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Why Maker (MKR) Can Reach $2,000 as New Year Fever Begins

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Three addresses bought 11,610 MKR tokens in the last seven days. Sellers are exhausted, so MKR bulls may push the token to $2,000. If the cryptocurrency hits $2,000, a 20% correction may happen. Maker (MKR), the governance token of the MakerDAO has been subject to another round of accumulation, Lookonchain revealed. According to the Lookonchain, three new wallets bought 18.6 million worth of MKR in the last seven days. The “smart money handle” also mentioned that the buyer(s) withdrew tokens from Binance and sent them into self-custody. The withdrawal from the exchange suggests the buyers plan to keep MKR in anticipation of a price increase.  More Increase for MKR in 2024 The accumulation happening a day before 2023 ends was a sign that MKR might have bullish tendencies going into 2024. Previously, Coin Edition had mentioned that some wallets bought some tokens including MKR. Since then, the cryptocurrency price has increased by 10.46% while tradi
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Here's How to Be a Millionaire When Stellar XLM Hits $1

Assessing the current market conditions, the pursuit of XLM millionaire status requires a carefully devised strategy and timely execution. In the present market scenario, seizing the opportunity to acquire XLM today is seen as a potential avenue for significant gains. However, a pertinent question arises: what quantity of XLM is necessary to amass a million-dollar fortune? As per the latest market update, XLM is currently valued at $0.1225, with a trading volume of $83 million within the past 24 hours. For those aspiring to achieve a $1 million portfolio with Stellar priced at $1 per coin, the calculation is straightforward: divide the desired target of $1,000,000 by the coin price of $1, resulting in the acquisition of 1,000,000 XLM. Also read: Here’s How to Be a Millionaire When Polygon MATIC Hits $2 How much XLM do you need to become a millionaire if the price hits $1? To determine the current cost of this strategic investment, multiply the quantity of XLM (1,000,000) by
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