• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

Which Exchange Token Will Lead the Bull Run?

Crypto News by Crypto News
December 3, 2020
in Uncategorized
0
Which Exchange Token Will Lead the Bull Run?
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Trading cryptocurrencies was not an easy task in their inception years. Thanks to the tremendous advancement in exchanges, trading cryptocurrencies has become an easy task for the retail investor. The daily volume on exchanges is growing and so is the number of exchanges. It will be highly challenging for a single exchange to cater to the needs of all traders. Even with multiple exchanges, many exchanges break down time and again due to the increase in the traffic.

This market is open 24/7, 365 days a year unlike other traditional markets. Exchanges have to be on their toes all the time to cater to the rising needs of the ever growing number of investors in cryptocurrencies. With billions of dollars of cryptocurrencies traded every day, exchanges have to keep on innovating to provide a one-stop-shop for all of the trader’s needs and to ensure that traders do not leave their platform.

Many exchanges have come up with their native tokens to provide incentives and benefits to the traders who use their platforms in terms of discounts in trading fees, staking options, launchpads, launchpools, voting rights, etc.

Related articles

YfDFI Finance: Much Anticipated Farming Platform Released

YfDFI Finance: Much Anticipated Farming Platform Released

January 21, 2021
Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram

Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram

January 21, 2021

Let us review some of these tokens and offer some price predictions for BNB, OKB, KCS, CRO, HT, and LEO.

BNB/USD – Price Prediction

BNB - Binance exchange token

Binance is one of the leading cryptocurrency exchanges, maintaining the number one position in regards to daily volume. The utilities of its exchange token, BNB, are immense.

If BNB can continue holding above $28 zone, we can start seeing a mid-term move towards $32, $35, $38, $43, $49, and $66. Failure to hold the support at $28 could lead to a drop in BNB price towards $26 and $24, which are crucial levels to hold and also good places to buy BNB. Below $24, BNB will lose its majority gains, and we can start looking at a sub $20 target.

OKB/USD – Price Prediction

OKB/USD

The native exchange token for OKEx, OKB, is currently trading just above the support of $5.08. Failure to break this support could lead to a drop in OKB price towards $4.79 and $4.00, which would be a good place to add to longs with targets of $5.50, $6.01, $6.65, and $7.50.

HT/USD – Price Prediction

HT/USD

HT is the native token of Huobi. It is currently trading at a resistance, and we should wait for a drop till $4.05 and a potential move towards $3.65 to add to longs. Targets for the bull run of HT would be $4.09, $4.26, $4.47, $4.73, and $5.00.

KCS/USD – Price Prediction

KCS/USD

KCS has lost most of its gains which it made since August 2020 and is currently approaching a good support zone of $0.82 but is failing to hold it. A move towards $0.75 is possible, which will be a good place to buy KCS, the exchange token for KuCoin. Breaking the support of $0.75 will lead to a further downside in KCS. A bounce from this year-long support could lead to a pull towards $0.82, $0.90, $1.01, $1.10, $1.18, and $1.29.

CRO/USD – Price Prediction

CRO/USD

Crypto.com Coin is currently trading close to a weak support zone of $0.06315. If it can stay above this support, there is quite a good upside to CRO with targets at $0.06936, $0.07725, $0.09734, and upon clearance of this resistance zone of $0.097, we can see a rapid move in CRO price towards $0.1451. However, if the current support breaks, this coin will drop in a free fall.

LEO/USD – Price Prediction

LEO/USD

LEO, the native token of Bitfinex, made history by raising the highest amount in an IEO to an extent of one billion dollars. It lost its support of $1.28 and started dropping below for months. Recently, it established a support at $1.16, started gaining momentum, and flipped the resistance of $1.28 to support. LEO has started showing signs of a good rally. Once LEO flips $1.35 to support, we can see a move towards $1.40, $1.50, $1.71, and $1.90.

Images courtesy of TradingView.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

The post Which Exchange Token Will Lead the Bull Run? appeared first on Altcoin Buzz.

Share76Tweet47

Related Posts

YfDFI Finance: Much Anticipated Farming Platform Released

YfDFI Finance: Much Anticipated Farming Platform Released

by Crypto News
January 21, 2021
0

PRESS RELEASE. As of today, YfDFI Finance is launching not one, not two, not three but four farming pools, locking...

Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram

Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram

by Crypto News
January 21, 2021
0

Bitcoin has fallen below $35,000, and while given the asset’s recent highs sounds like a sizable correction, the price per...

BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading

BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading

by Crypto News
January 21, 2021
0

Blackrock investment management giant has filed documents with the SEC suggesting that the firm is set to dive into the...

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

by Crypto News
January 20, 2021
0

Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged...

Yearn.finance team proposes $225 million YFI token mint

Yearn.finance team proposes $225 million YFI token mint

by Crypto News
January 20, 2021
0

Community members and contributors are moving forward with a plan to build a treasury and better incentivize developers. After a...

Load More
  • Trending
  • Comments
  • Latest
Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

January 4, 2021
SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

December 6, 2020

Services Could Help Investors Rate Crypto Currencies

December 6, 2020

3 Factors That Made Bitcoin Become so Valuable Last Year

December 6, 2020
YfDFI Finance: Much Anticipated Farming Platform Released

YfDFI Finance: Much Anticipated Farming Platform Released

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0
YfDFI Finance: Much Anticipated Farming Platform Released

YfDFI Finance: Much Anticipated Farming Platform Released

January 21, 2021
Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram

Career Trader Subtly Hints Of Bitcoin Parabola Breakdown With Fractal Diagram

January 21, 2021
BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading

BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading

January 21, 2021
UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

January 20, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Abra
  • Altcoin News
  • altcoins
  • Altseason
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • bitcoin network
  • Bitcoin price
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Price Prediction
  • Changpeng Zhao
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinmarketcap
  • cryptocurrency
  • Dash (DASH)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Electric Coin Company
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Futures
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Guide
  • Guides
  • Institutional Investors
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Market
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • Other
  • Pantera Capital
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Wallets and Exchanges
  • XRP
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.