ADA, ETH, MATIC, SOL, UNISWAP || BUY ZONE ||CRYPTO BULLISH NEWS 2021
Channel: Anime Aiden
Date: 2021-05-17

#Bitcoin price extended its decline below the $45,000 support zone against the US Dollar. BTC is declining and it could soon test $42,000 or $40,000 in the near term.
Bitcoin started a major decline from well above $50,000 and it even traded close to $45,000.The price is now trading well below $45,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $45,000 on the hourly chart of the BTC/USD pair (data feed from BuyUcoin). The pair is likely to find bids near the $42,000 zone or $40,000 in the coming sessions.

#Cardano (ADA) is an open-source and non-profit crypto network. The platform is managed by three separate bodies. It is based on the Outboros PoS technology to enable a more secure blockchain network. It allows developers to execute end-to-end tests without using code.

#Uniswap is a rapidly growing crypto exchange protocol that facilitates automated transactions between tokens on the Ethereum blockchain.

#Matic Network is backed by Binance and Coinbase. It has recently rebranded as Polygon, but the trading ticker is still MATIC. Matic Network is a scaling solution that uses an adapted version of Plasma framework with PoS side chains. It enables extremely fast and low-cost transactions. A single Matic side chain can theoretically achieve 216 transactions per block. Polygon’s token MATIC runs on Ethereum. You can use it to pay for services on the Matic Network. It is also the settlement currency between users within the Matic ecosystem.