2021 war ein aufregendes Jahr für die deutsche Kryptobranche. Die wichtigsten Entwicklungen des vergangenen Jahres im Jahresrückblick 2021.
You can now buy OOKI, the token of an innovative decentralized protocol: here’s where
Ooki is a decentralized protocol for margin trading, borrowing, lending and staking. It enables developments of dApps for lenders, borrowers, and traders. It has added 29% to its value in the last 24 hours.
This article has everything you need to know about Ooki Protocol, including where to buy the Ooki token.
Top places to buy OOKI now
As OOKI is such a new asset, it’s yet to be listed on major exchanges. You can still purchase OOKI using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy OOKI right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You’ll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and ‚connect‘ your wallet to it.
4. You can now swap your ETH for OOKI
Now that you’re connected, you’ll be able to swap for 100s of coins including OOKI.
What is OOKI?
OOKI is a community-run project, governed by the community vote for all major changes to the protocol. It makes it possible for users to interact with the most flexible decentralized finance protocol on multiple blockchains.
The OOKI token allows the Ooki community to govern the protocol through staking OOKI token and voting in the Ooki DAO. OOKI token holders receive a portion of protocol revenue.
50% of fees generated by the protocol are distributed to OOKI stakers. The remaining 50% of fees are allocated to the insurance fund and Ooki treasury.
Ooki Protocol provides four primary services to it’s users: leveraged margin trading, borrowing, lending, and staking. Trading is at the core of Ooki Protocol. Users can easily open long or short leveraged trading positions at fixed interest borrowing rates.
Ooki protocol also allows users to borrow funds with collateral and lend funds to earn interest. A unique feature of Ooki protocol is the existence of fixed rates of interest on borrowed funds.
Should I buy OOKI today?
Ooki can be a lucrative investment, but take the time to study the market and read analyses of its prospective price trajectory. Take all investment advice with a grain of salt.
OOKI price prediction
Price Prediction is moderately bullish on Ooki. They predict it will trade for at least $0.014 at the end of this year. In 2023, the price of Ooki Protocol is expected to reach a minimum of $0.021 and a maximum of $0.025 with the average price of $0.021 throughout the year.
OOKI on social media
Top 5 noticeable movers:#KNC #ANT #UNFI #OOKI #DIA
🟢 $KNC $1.589 (17.27%)
🟢 $ANT $5.189 (20.53%)
🟢 $UNFI $6.115 (28.98%)
🟢 $OOKI $0.01292 (29.46%)
🟢 $DIA $1.158 (40.70%)Do you #hodl any of these coins?
— Crypto Whispers (@crypto_whispers) January 25, 2022
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Is $1.5 the next low for Fantom (FTM/USD)?
- FTM/USD is down 7.83% in the past 24 hours and 33% in the last seven days
- The crypto token sits at the support of $2.0 in a bearish market
- $1.50 is the next support level if FTM/USD breaks below the consolidation zone
Fantom’s token FTM/USD has been on a strong rally since December 21, when all other cryptocurrencies were experiencing major weaknesses. It rose from a low of around $1.35 on December 21 to a high of $3.37 on January 17.
However, the token faced bearish pressure and has been dropping since then. At the current trading of around $2.0, FTM/USD has dropped by more than 7% in the past 24 hours, extending losses in the week to at least 33%.
FTM/USD technical analysis – $2.0 is the established support
Source – TradingView
Looking at the daily chart above, FTM/USD has retreated to the support of $2.0. It attempted to rebound before retesting the support again in price weakness that has engulfed the entire cryptocurrency industry. The overall weakness has been connected to the upcoming policy tightening by Fed aiming to tame the rising inflation.
Although FTM/USD is rebounding from the support, it still faces bearish pressure, with the 9-day, 14-day, and 20-day providing resistance. A short-term resistance also exists at the $2.39 level and could constrain prices. We need to watch the close of the candlestick on the daily chart to confirm a trend reversal or continuation.
Summary
Based on the technical pointers, FTM/USD presents a buying opportunity if the $2.0 level holds. A price action signal such as the formation of a bullish pin bar at the support could signal a trend reversal and take FTM/USD higher.
Nonetheless, FTM/USD could break below the support if crypto weakness continues. A break below the current level would see the token claim the $1.5 zone, which is the next support.
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Chainlink extend negative price action to the south as price trade below $17.75 resistance
Supply and demand have been termed as the major factor that causes uphill and downhill in the market. However, in a bearish moment such as this period, it’ll be best to have a firsthand approach to the market.
While it’s easier to open a buy or sell order on the flip side, the consequence of inadequate understanding of the market price movement may result in total loss of trading account. And to be able to stay ahead of the market do read below to get a grasp of what Chainlink (LINK) has to offer this week.
LINK/USD technical analysis outlook
Source – TradingView
Across the hourly chart, the price action of Chainlink had broken below the $17.73 resistance after strong bearish market volatility pushed the price of the assets into a negative sell-off mode.
However, at the time of writing this analysis, the value of LINK/USD tends to trade along the July 23rd market initial support region. In essence, if the price should plunge below this level, the entire price movement of LINK/USD will meet near-term support at a $10.59 bearish price target.
Weekly price chart
Source – TradingView
After facing rejection along with $27.31 resistance, the value of LINK/USD tends to plummet aggressively against the US dollar as fundamental economic updates from the US region aim to hasten the action of sellers at driving the price of the asset to the South. However, the overall price action of Chainlink across all time frames remains negative.
Where could be a positive turning point for the asset
While awaiting the market to complete its bearish price movement, we should however be aware that if this negative price action should extend further, the value of LINK/USD may likely find a resting point at $10.59 If at all the volume of the sellers outweigh the buyers‘ momentum.
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Should you buy Shiba Inu as the price get stuck along the support
Weak volatility and average momentum are some of the most influential factors that alter the general market sentiment. And to be able to distinguish between a trending market and a range-bound market, you ought to understand the volatility condition of the market.
In general, strong market volatility aided the price action of the meme coin to plunge against the US dollar. And why you might be wondering about what reward you stand to gain when you buy SHIBA INU. Read below to discover the reason why Shiba Inu should be considered as a good buy asset.
Technical levels to watch before buying Shiba Inu
Source – TradingView
From the 4-hour chart, the price action of the meme coin has been plugging to the South after printing a series of lower highs into support.
In addition, the price of the asset couldn’t stop the sellers from plummeting its value downward after a strong bearish pressure helped to stimulate the price action to the south. At the moment, the long-term bearish price action of the asset would have been considered to have found a resting point at $0.0002048 support. Conversely, this could be the right place to take a long position if at all, the price of the asset should bounce beyond this price target.
However, support and resistance exist at $0.0001972 while resistance resides at $0.00002598. In general, a break above the resistance will serve as the right place to create a buy order as this would confirm the beginning of a bullish market.
Final thoughts
The price action of the asset hasn’t shown a significant sign of going long yet. As it’s currently trading along with the horizontal support. Thus a break below the support will enable the value of the asset to continue its bearish rally further. While on the other hand, if the price should bounce off the support it’ll hit immediate resistance at $0.00002598.
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