Technical Analysis: DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Hi...
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement. Biggest gainers The token sandbox (SAND) was one of Thursday’s biggest gainers, climbing by as much as 8 %, as prices rose following news of a partnership with WMG. It was announced that the partnership was made with the hopes of creating a concert venue/theme park within the metaverse. SAND/USD hit an....
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Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process.
Cosmos (ATOM)
Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, despite falling by double digits to start the weekend.
Today’s fall in ATOM/USD comes as prices failed to maintain a one-month high during yesterday’s session, as its resistance level held firm.
Following a failed breakout of this ceiling, which was at....
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day.
Cosmos
One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. ATOM/USD climbed to an intraday high of $36.23, which is around $10 from its all-time high (ATH), which it hit on January 7th.
Monday’s move came as prices rebounded from the recent support level of $31.00, after briefly falling to a secondary....
The subsidiary of Animoca Brands and the global music company open their doors to a new arena for musical entertainment in the metaverse. The Sandbox announced Thursday a partnership with Warner Music Group, or WMG, to create a musical theme park and concert venue within the gaming metaverse. The Warner Music Group LAND in The Sandbox will host concerts and live experiences featuring artists and talent represented by WMG.This initiative marked Warner Music’s first entry into the nonfungible token (NFT) metaverse realm. According to a statement shared with Cointelegraph, its goal is to....
SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation. Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals.SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on Friday. In contrast, Bitcoin (BTC), dropped 1.41% within the same timeframe.SAND/USD daily price chart. Source: TradingViewSAND....
Cosmos (ATOM) and harmony (ONE) were some of today’s big gainers, as the global crypto market cap was up 1.23% to start the weekend. Terra (LUNA) was also higher, extending its recent gains to a sixth consecutive trading session.
Cosmos (ATOM)
Cosmos (ATOM) is currently trading over 13% higher in today’s session, climbing to its highest level since February 17.
Saturday’s rally in ATOM/USD saw prices briefly breakout of the $29.10 resistance level, hitting an intraday high of $29.36 in the process.
This surge comes as the 14-day RSI....