Lorenzo Stroe
- Co-Founder, NOVA Miningverse
Crypto trader since 2012 www.gate.io/signup/UwBBUF9c?ref_type=102
Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Lorenzo Stroe
Dogecoin Price Prediction: DOGE is ready for new al-time highs after crucial rebound - FXStreet
Lorenzo Stroe Independent Analyst It seems that Elon Musk might actually end up endorsing Dogecoin as the concentration of whales isn't as bad as previously believed. The biggest whale is Robinhood which purchased Dogecoin to offer trading to its users in 2018. In his last tweet, Elon Musk stated that he will fully support Dogecoin if the concentration of whales diminishes.
Dogecoin price could rise to new all-time highs as Elon Musk offers money to help the digital asset - FXStreet
Lorenzo Stroe Independent Analyst Yet again, Elon Musk has tweeted about Dogecoin in what seems to be quite positive for the community. Musk stated that he wants major Dogecoin holders to sell most of their coins in order for Dogecoin to get his full support. If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo. Elon Musk even said he would pay money for them to void their accounts.
Dogecoin Price Forecast: DOGE defends critical support and heads towards $0.060 - FXStreet
Lorenzo Stroe FXStreet Dogecoin has been extremely volatile in the past week due to endorsements from Elon Musk and a massive pump orchestrated by the subreddit WallStreetBets which managed to successfully push the price of Gamestop stock, triggering a massive short squeeze. On the 1-hour chart, Dogecoin has formed a parallel channel and bulls just defended the lower support trendline established at $0.044. DOGE aims for a nice rebound towards the upper boundary of the pattern at $0.0537.
Bitcoin Price Prediction: BTC poised for new all-time highs as technicals reveal 17% breakout in sight
Bitcoin price is bounded inside an ascending triangle pattern on the 4-hour chart. The digital asset will climb to new all-time highs if it can conquer key resistance level. Most indicators show that bulls have the upper hand. Bitcoin price had a major recovery move from a local bottom of $43,000 established on February 28. The flagship cryptocurrency is now on its way to new all-time highs as long as it can climb above a key resistance level.
Cardano Price Prediction: ADA is at risk of a massive correction down to $0.43
Cardano price has hit a new 2021-high at $0.529 but several indicators show it’s poised for a correction. The number of old-time ADA holders has dropped significantly over the past year. A crucial indicator has flashed several sell signals for Cardano. Cardano had another major breakout on February 5 jumping by 21% within 12 hours and reaching a new 2021-high at $0.529. However, several metrics show that ADA is now poised for a significant correction.
Is Polkadot Price Extremely Overvalued or Ethereum Undervalued? - CryptoTicker
One of the fastest rising cryptocurrencies in the market, perhaps the fastest, has been Polkadot which reached a $15 billion market capitalization already, placing above XRP at number 4. Polkadot has been heavily marketed as the Ethereum Killer so it’s only fair to compare it to ETH. Currently, Ethereum trades at $1,233 at a market capitalization of over $140 billion while Polkadot price is around $16.6 with $15 billion in mcap.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ETH outperforming BTC could signal start of alt season - CryptoTicker
Ethereum price has been outperforming Bitcoin again while the flagship cryptocurrency has seen a pullback, ETH managed to stay above $1,200. XRP price continues trading sideways below $0.30 and will most likely remain flat until the SEC makes a final decision. The total market capitalization of the crypto industry has stayed between $1.1 trillion and $950 billion, indicating that a potential breakout could happen soon.
Yearn.Finance Price Prediction: YFI touches $40,000 and aims for more - CryptoTicker
Yearn.Finance is back in the game after a massive 40% breakout in just one day on January 7 and a lot of continuation in the next three days touching $39,939 on Binance and $40,000 on several exchanges. YFI price is currently changing hands at $31,500 after a consolidation period of a few days. The digital asset has been extremely volatile in the past week while bulls are trying to keep its total market capitalization above $1 billion.
Bitcoin price hits new all-time high at $38,500 as the industry reaches $1 trillion market cap
Bitcoin price has hit a new all-time high at $38,500 across all exchanges. The entire cryptocurrency market capitalization has reached $1 trillion for the first time in history. Bitcoin price continues posting new highs almost every single day in what seems to be an unstoppable rally. We have seen practically no correction moves since December 2020 as resistance to the upside is extremely weak. Where is Bitcoin price headed to next?
Key Indicators For The 2021 Alt Season Start
Ethereum price was close to hitting $1,000 today, which is definitely the first indicator that the alt season might be coming soon. However, we need more than just one random pump on Ethereum, investors want to see a sustained move and Ethereum outperforming Bitcoin first. The alt season is characterized by altcoins exploding in price. The last alt season that started around November 2017 was massive.
Stellar price falls below crucial support level as regulatory concerns increase
Stellar price lost a critical support level and aims for $0.11. Max Keiser, Bitcoin pioneer, stated that SEC will probably target other coins like Stellar or Cardano. Bitcoin analyst, Max Keiser has recently stated in an interview that the SEC will most likely not stop with Ripple and will target other ‘garbage coins’ including Stellar or Cardano. Keiser asserted that the SEC works as ‘Bitcoin’s drone’ targeting other coins.
These Coins made people rich in 2020 - CryptoTicker
Bitcoin hitting $28,500 for the first time and a market capitalization of $530 billion makes 2020 the craziest year for cryptocurrencies. Although most altcoins haven’t established new all-time highs, the entire industry certainly looks poised for a massive rally within the upcoming 12 months. Many investments have been extremely profitable in 2020 for investors, mostly the sale of tokens. We are going to take a look at some of the best and most profitable coins in 2020.
Ethereum price screams sell as bears target $440 in the long-term
Ethereum price is trading sideways waiting for a clear breakout or breakdown. Several indicators suggest that the digital asset could be on the verge of a massive correction. After its most recent high at $635.7, Ethereum has been under consolidation trading between that level and $560. As the range gets tighter it seems that bears are anticipating a massive sell-off towards $440.
Yearn.Finance Price Prediction: YFI is on the verge of a 20% breakout - CryptoTicker
Yearn.Finance price is currently at $28,520 bounded inside a symmetrical triangle pattern formed on the 1-hour chart. The digital asset is still in a retracement period since its high on December 2 at $31,780. Both bulls and bears see different indicators to support their cause. Let’s dive into the most important technical and on-chain metrics. Yearn.Finance Price Analysis: Technical Indicators The most critical pattern is the symmetrical triangle formed on the 1-hour chart.
Polkadot Price Forecast: DOT to drop to $4.5 as support weakens
Polkadot price seems to be facing some short-term selling pressure. Bulls need to defend a critical support level to prevent DOT from falling further. Polkadot has rebounded strongly from its low at $4.43 established on November 26 and managed to reach $5.53, aiming to set a new 2020-high. Unfortunately, an important indicator suggests DOT is poised for a pullback in the short-term.
Learn the Basics of Trading Crypto
Are you excited about the current Bitcoin rally? Do you want to make the most out of it, receive trading tips, daily technical analyses on cryptocurrencies, and join the discussion with our experts?
Tezos to add anonymity features, XTZ price aims to hit $2.8 in the short-term
Tezos price is currently trying to recover from a major dip to $2.078 on November 26. The developers have announced a new upgrade to implement the shielding of transactions. While Tezos price slowly recovers from the last market crash, its developers have announced a new upgrade named Edo, which intends to add shielding on transactions and a ticket system for smart contracts to issue tokens.
Yearn.Finance Price Prediction: YFI may take a hit before a massive rally to $35,000
Yearn.Finance price seems to be forming a head-and-shoulders pattern on the 4-hour chart. Several indicators suggest the digital asset might be poised for a pullback in the short-term. YFI has managed to see a 47% bounce in the past four days after hitting a low of $18,228 on November 26. Bulls are looking to establish a higher high on the daily chart and break $29,890. However, some indicators suggest the digital asset might need to retrace first.
Ripple Price Prediction: XRP sits on the verge of an explosive breakout
Ripple price is trading right under a critical resistance area. Several indicators show XRP could be aiming for a massive breakout towards $1. XRP traded as high as $0.78 on November 24 before a brief period of a correction down to $0.456. Ripple price is trading at $0.655 at the time of writing, notably recovering from the dip and aiming to set higher highs.
Ripple Price Prediction: XRP ready to make a comeback as bulls target $0.7
Ripple price is bounded inside an ascending triangle on the 30-minute chart. Several on-chain and technical indicators have turned bullish in favor of the digital asset. XRP, like the rest of the market, had a significant crash from its peak of $0.78 down to $0.456. The digital asset is currently trying to bounce back up, trading around $0.537, awaiting a clear breakout or breakdown from an ascending triangle on the 30-minute chart.
Prominent analyst shorts XRP amid growing euphoria among investors
XRP price is currently trading above $0.50 for the first time since June 2019. A popular crypto analyst has publicly stated that he is looking to short XRP in the short-term. XRP was one of the few cryptocurrencies not going up despite the bullishness of the market. However, in the past four days, XRP price has exploded by 87%, reaching a high of $0.5544. Big Chonis, a crypto mentor and trader, has just stated that there is a lot of euphoria around XRP, and a short looks good now.
Ethereum Price Breaks $600 As Eth2 Deposit Contract is Almost Full - CryptoTicker
Ethereum has broken $600 for the first time in two years peaking at $607 on Coinbase. The digital asset has been in a colossal rally for the past week, finally catching up to Bitcoin which was dominating the market in the past month. The Eth2 update is set to launch on December 1, however, it will only happen if the deposit contract receives 524,288 ETH in total. Initially, it started slowly with only 108,000 ETH deposited on November 20 since November 4.
Bitcoin Price Nears $18,000 As Market Cap Hits All-Time High
Advertisement     Bitcoin has just hit a market capitalization of $327.3 billion for the first time ever. The last all-time high was $324 billion back in December 2017 when Bitcoin was close to $20,000. The increase in market cap is mostly due to the growth of the circulating supply of Bitcoin. However, it’s important to note that the current circulating supply of 18.5 million BTC is not exactly real. It is estimated that close to 4 million Bitcoins are lost forever and cannot be recovered.
XRP price hits $0.30 but could be facing a retrace before climbing higher
XRP price finally climbed above $0.30 for the first time since September. The TD Sequential has presented a sell signal on the 4-hour chart. It seems that XRP is finally catching up to the crypto market after a notable rise to $0.30 for the first time in two months. Unfortunately, several indicators have turned bearish for XPR, showing a potential short-term pullback is lurking around.
Bitcoin price of $300,000 is a realistic target based on several on-chain metrics
Bitcoin price could reach $318,000, according to a senior executive at US-based financial giant Citibank. Several on-chain metrics seem to support this bullish scenario in the long-term. A new report from Citibank’s Managing Director, Tom Fitzpatrick, states that Bitcoin could reach $318,000 and that this cryptocurrency is the digital gold of the 21st century. Tom thinks BTC could touch that price by December 2021.
Ripple Price Prediction: XRP is on the cusp of a massive price movement
Ripple price is bounded inside an ascending triangle pattern formed on the daily chart. Several indicators show the price is ready for a breakout in the short-term. XRP price is currently at $0.253, right below a critical barrier at $0.26, which has been tested several times throughout the past two months. A breakout above this point can easily drive XRP price towards $0.30.
MakerDAO Price Prediction: MKR aims at a potential price target of $700
MKR is trading inside an ascending triangle pattern. Several on-chain metrics have turned bullish in favor of MKR, which is eying up $700. MKR has been trading inside an ascending triangle for around 20 days, currently at $589, with a precise resistance level located at $604. The price got rejected several times from this upper boundary, but the support trendline below was held.
Ripple Price Prediction: XRP faces almost no opposition until $0.30
XRP is currently trading at $0.251 after a notable rebound from the low at $0.219. The digital asset seems to be recovering and faces very little resistance to the upside. XRP had a strong start in 2020, climbing from $0.188 in January to a high of $0.33 only one month and a half later. Unfortunately, the crash of March was devastating for the digital asset, which hasn’t recovered fully just yet.
Uniswap Price Prediction: UNI needs to crack $3.1 for a massive price explosion
Uniswap is trading at $3.06 inside a descending parallel channel. Bulls are ready for a breakout above a critical resistance level at $3.1. Uniswap has been in a downtrend for several weeks now while bulls attempt to see any kind of rebound. The digital asset seems to be facing a crucial resistance point. Let’s take a look at several indicators and patterns to determine the direction of the price.
Breaking: China prohibits units and individuals from creating and selling cryptocurrencies
The People's Bank of China published a new draft law that seems to prohibit units or individuals from issuing digital tokens. This could be the first time the word cryptocurrency has appeared in any of China's formal laws. The new draft of legal comments clearly states that no individual or unit can produce or sell tokens to replace CNY in circulation in the market.
Ripple Price Prediction: XRP cracks a critical resistance level and targets $0.30
XRP is currently trading at $0.263 after breaking a critical resistance level. The breakout from the ascending triangle represents a strong bullish indicator. XRP has been fighting with an ascending triangle pattern for around one month and seems to have finally cracked the upper boundary. If the digital asset can close above this critical resistance point, bulls will be in full control.
Bitcoin Price Prediction: Bitcoin facing potential pullback before a final push to $20,000
BTC is trading at $12,947 after a colossal rally towards $13,250. It seems that nothing is stopping Bitcoin; however, some indicators have flipped bearish. Bitcoin is back above 60% market dominance and climbed above $13,000 for the first time since June 2019. In the past week alone, BTC's total market capitalization has increased by over $31 billion.
Stellar Price Prediction: XLM may face a pullback despite ongoing bullish breakout
XLM is currently trading at $0.086 after a 7% price surge in the past 24 hours. The digital asset is facing a healthy resistance level to the upside. Stellar was trading as high as $0.80, with a $14 billion market capitalization at its peak. The digital asset has been trading inside a massive downtrend since January 2018, still trying to recover, exchanging hands at $0.085 per coin.
Breaking: PayPal enables buying and selling of cryptocurrencies in 2021
The rumors about PayPal offering cryptocurrencies to its users have finally been confirmed. The official announcement states that PayPal will allow customers to use cryptocurrencies to shop at the 26 million merchants on its network. PayPal will offer the ability to shop using cryptocurrencies like BTC, ETH, BCH, and LTC starting in early 2021 in more than 26 million merchants around the world. Customers will also be able to purchase cryptocurrencies directly through PayPal.
Stellar Lumens Price Prediction: XLM jumps 9% as the network’s utility skyrockets
XLM is currently trading at $0.086 after a massive price spike towards $0.09. The main reason behind the recent move seems to be the participation in the IMF meeting from the CEO of Stellar. The International Monetary Fund conducts annual meetings to discuss several pressing issues. This year, Denelle Dixon, CEO of Stellar, was invited to speak at the ‘Cross-Border Payments - The Private Sector Steps Up’.
Top 3 Cryptocurrencies With 100x Potential
Today we take a look at 3 cryptocurrencies that have the potential to increase their value by 100x within the next few years. We are going to look at on-chain metrics as well as technical indicators to find out which digital assets can explode in the next few years. The main factor that all 3 coins share is a working product and several use-cases. This is the most crucial fundamental indicator for the growth of a cryptocurrency project. 1.
Can Ethereum Price Reach 10K Thanks to ETH 2.0?
Let’s first look at the history of Ethereum. According to Coinmarketcap, the average highest price ever reached by ETH was $4,800 on November 10, 2021. Can we still have an Ethereum 10K price in 2022? If each ETH coin was worth $10,000 right now, the market capitalization would be around $1.13 trillion, which might sound ridiculous considering Bitcoin’s highest market cap was around $330 billion.
EOS Price Drops 3% Below Crucial Levels
EOS is currently trading at $2.53 after a significant slip today from a high of $2.61 to $2.49. Trading volume is increasing in the past 24 hours, indicating the bearish move is strong. Year-to-date, the digital asset is down around 47%. EOS has been underperforming for the past year, losing $2.6 billion in market capitalization. In comparison to major coins like BTC or ETH, which managed to recover greatly from the crash on March 12, EOS continues trading sideways showing no signs of a reversal.
Monero’s “Lemon Duck” virus is spreading through Windows computers like COVID-19
A botnet called Lemon Duck is spreading faster than ever, although it has been active since the end of December 2018. According to the research, it is one of the more complex mining botnets using Monero. The botnet known as Lemon Duck has been infecting thousands of computers around the world since at least December 2018. It seems that recently the identification of the botnet has become far more difficult. It spreads through Windows 10 computers and is disguised as fake Covid-19 emails.
Ripple Price Analysis: XRP Breakout Hints At More Upside Action
XRP has performed poorly since the start of 2018. At its peak, the digital asset had around 17.6% market dominance, however, it has slowly started declining, currently only at 3.2%. On the daily chart, the price of XRP formed a descending parallel channel that finally saw a notable 6.5% breakout on October 4. The bullish breakout played perfectly, closing above the upper boundary and then re-testing it as support in the next few days while holding the 100-SMA.
Tezos Price Prediction: XTZ uptrend could be stopped by this resistance wall
XTZ is currently trading at $2.37 after a notable 22% bounce in the past week. The digital asset seems to be facing a strong resistance wall towards $3. Tezos had a market capitalization of only $900 million at the beginning of 2020. Months later, in August, the digital asset managed to reach $3.1 billion, and even after the recent pullback, it still has $1.78 billion, almost twice as big as it was at the start of 2020.
Cardano Price Prediction: ADA eying up $0.13 with only one hurdle ahead
ADA is currently trading at $0.11, and numerous indicators show that bulls have a lot of strength. There is only one major resistance barrier stopping ADA from climbing to $0.13. Cardano is the 9th largest cryptocurrency by market capitalization, with $3.4 billion. Over the past week, this number grew by around $600 million. Similarly, the 24 hours average trading volume also exploded in the past several days, currently at $869 million.
Spain Plans To Combat Cryptocurrency Tax Fraud With New Law
The Minister of Finance, Maria Jesus Montero announced the approval of the draft law on Preventive Measures to fight tax fraud. One of the new rules is the limitation of cash payments down to 1,000 euros from 2,500. This will only be applied to certain activities between professionals and companies and will not affect small households. More specifically, the draft also tackles cryptocurrencies with a new tax obligation for citizens to report their cryptocurrency holdings.
Uniswap Price Prediction: UNI eying up a significant price move, shows indicators
UNI is currently trading at $3.49 after recovering from its low of $2.47. The digital asset seems to be hitting a critical resistance level. The release of UNI was one of the most successful ones, rapidly climbing towards a $700 million market capitalization and getting listed on all major exchanges like Binance, and others. The initial bull rally didn’t last long and after peaking at $8, UNI is now only trading at $3.29.
LINK Price Jumps to $11.5 After Strong Rebound
Chainlink is currently trading at $11.6 after a robust rebound from a low at $7.28. The digital asset had an amazing 2020, climbing to an all-time high of $20 on August 16. LINK price suffered a 64% correction months later, something quite expected considering the magnitude of the bull rally.
BNB Price Explodes 9% Towards $31
BNB is currently trading at $31 after a massive price move today from a clear breakout of an important daily chart pattern. The digital asset is on the verge of surpassing the market capitalization of BCH at $4.492 billion and only needs $10 million more to position itself as the 5th largest cryptocurrency behind XRP, USDT, ETH, and BTC. The daily chart presented a symmetrical triangle formed on September 30.
YFI Price Poised For A Steeper Correction After Bearish Breakout
YFI price had one of the best crypto runs in history. The new and innovative DeFi project was listed on some of the best exchanges including Binance after a massive rally from low prices of down to $50 to an amazing peak at $40,000. YFI managed to reach a $1.2 billion market capitalization in just one month and a half of trading. The low circulating supply of only 29,968 is one of the most attractive features of the digital asset.
Waves Price Aiming For a Re-test of a Crucial Pattern
After a massive 860% rally during 2020, Waves has been one of the best-performing assets in the market for a reason. The digital asset is currently trading at $2.34 after a significant correction which should be considered somewhat healthy considering the magnitude of the bull rally. On the daily chart, the price of Waves has formed a wedge, but its converging trendlines are still far from touching.
XRP Price Could Slide Lower In The Short-Term
XRP is trading at $0.241 after a notable rebound from a low of $0.22 on September 24. The digital asset has been clearly weaker than the rest of the market throughout 2020 and part of 2019. Bulls have been trying to break the recent downtrend for quite some time but the price has been rejected from several critical resistance levels.
Ethereum Price Formed A Potential Double Bottom While ETH 2.0 Gets Closer
Etheruem has been trading inside a downtrend since September 1 after peaking at $488 on Binance. The digital asset is still down 27% since the high, however, several metrics and indicators are turning in favor of ETH. The most recent development in the upcoming ETH 2.0 launch is Spadina. The testnet is the last before the official launch and will allow stakers to practice joining the network.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Lorenzo
Contact Lorenzo, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack