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Akropolis (AKRO), the provider of decentralized finance products, has been officially listed on DeFianceSwap, marking significant progress in the DeFi space.
DefianceApp, through its official handle on CoinMarketCap, shared this exciting news, providing AKRO members with a dedicated community page to participate in and conduct their transactions.
DeFi yield on autopilot – access Yearn vaults or Liquity troves and stability pools, and more 🤓P.S. Have a suggestion for integration? Reply in the comments! pic.twitter.com/A1Bor58WBM
— Akropolis (@akropolisio) August 22, 2023
The asset’s price experienced a surge following the announcement, causing the price to rise further as investors’ confidence grew.
The project unquestionably achieved significant recognition in the DeFi sector due to its contributions, including the integration of OpenGSN, Nexus Mutual/Opyn, and the launch of the POC-Polkadai bridge this August.
However, at $0.02, AKRO encountered a resistance level that empowered bears to drive down market prices, wiping out almost all August investors’ profits and intensifying losses for the bulls.
As of 12:05 a.m. EST, AKRO is trading at $0.012, marking a 3.0% decline in the last 24 hours. Moreover, its performance over the past week has decreased by 24%.
AKRO Price Indicators Signal Bullish Momentum
AKRO’s price has endured an extended period of consolidation, characterized by a persistent battle between bullish and bearish pressures.
Notably, the bulls orchestrated a significant advance, propelling the price from $0.004 upward until it encountered formidable resistance at $0.012.
This resistance level effectively put a brake on the bullish momentum, prompting the bulls to take a step back. At the same time, the bears exerted downward pressure on the price, eventually settling at its present support level of $0.011.
Should this support level demonstrate resilience, it may catalyze the bulls to propel AKRO’s price upward.
The relative strength index (RSI) also supports a bullish outlook. It is currently trading at 45, below the neutral position of 50.
This suggests that there’s potential for the bulls to regroup and push the price upward.
Furthermore, aligning the 50-day and 200-day simple moving averages (SMAs) reinforces this bullish trend.
These indicators crossed paths at $0.006, signaling a shift toward a buying trend. The 50-day moving average is a crucial support level for AKRO’s price, adding momentum to the bullish side.
Additionally, both moving averages are trading below the price, indicating intense buying pressure on AKRO.
According to the analysis, a bullish bias is evident in sentiment for AKRO’s price, hinting at the potential for a strong rebound from the support level. Key levels to monitor are $0.016 and $0.02.
However, if the price breaks below this support level, it may indicate a further downturn, potentially prompting the bulls to seek support around the $0.008 mark, which roughly aligns with the 200-day moving average.
BTCBSC is rapidly approaching half its intended soft cap of $3.96 million, with a presale price and a staking-for-earnings approach luring investors.
BTCBSC Hits $1.25 Million, Presale Selling Out Fast
Bitcoin BSC (BTCBSC) presale has already raised over $1 million. Investors have high expectations of substantial returns from its unique staking mechanism.
The project has made an impressive start by securing $1.25 million from its targeted $3.96 Million soft cap.
This strong support for the Bitcoin BSC presale underscores the growing interest within the cryptocurrency community for innovative staking solutions and their enthusiasm for potentially lucrative investment opportunities.
🎉 Monumental Milestone Alert 📣#BitcoinBSC has reached $1M raised!
Huge thanks to the amazing #CryptoCommunity for all the support!
Join the #Presale now and don’t miss out on the opportunity to earn passive income through staking your $BSCBSC!💸https://t.co/oM0YP8IlbV pic.twitter.com/tgTInGJtTW
— Bitcoinbsc (@Bitcoinbsctoken) September 11, 2023
Bitcoin BSC is a recently launched project that reimagines Bitcoin within the Binance BNB Smart Chain ecosystem. It operates as a BEP-20 token, seamlessly integrating with various crypto wallets, DApps, DeFi protocols, and more.
— Bitcoinbsc (@Bitcoinbsctoken) September 10, 2023
The yield for $BTCBSC, operating on the BNB Smart Chain, spans 120 years in alignment with Bitcoin block confirmations.
With most tokens locked in staking contracts, newcomers may need to pay significantly higher prices after the token’s launch, potentially resulting in up to 20x returns for early adopters.
Consequently, investors stand to benefit from both $BTCBSC rewards and the increasing value of the $BTCBSC token.
You can purchase Bitcoin BSC by linking your web3 wallet on the token website and swapping BNB, ETH, or USDT, with a minimum investment of $10.
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