Crypto Signals
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Cryptosignals.org Daily Crypto Overview

Bitcoin:        $51,481.78  (⬇️ -0.10%)
Ethereum:      $3,099.79(⬆️  2.79%)

Bitcoin Fear and Greed Index: 72 Greed πŸ™‚
Major bias for Bitcoin in the past 7 days: 🐻 Bearish

Trending Coins (Top gainers & losers)

ALICE:        9.92% ⬆️
COMP:        9.02% ⬆️
ALGO:       -3.29% ⬇️
CRV:          -2.04% ⬇️

Today's highlights

Crypto exchange user goes AWOL after being sent $650K by mistake: Report - Cointelegraph

OANDA Opens FCA-Registered Crypto Trading Platform in the UK
Coindesk
Is it Still Profitable to Farm Solana Airdrops?

In the early days of the protocol, users received generous airdrops valued at over $15K for depositing just 1 SOL on Jito for a short period.

However, the landscape has shifted significantly since then.
Solana's Total Value Locked (TVL) has quadrupled, attracting a surge of users, including bots, who are engaging with the network and its ecosystem.

Given these changes, is it still a viable strategy to invest time and capital in farming Solana airdrops?

You can read more here: https://cryptosignals.org/blockchain-2/is-it-still-profitable-to-farm-solana-airdrops/
The Graph (GRT/USD) Bull Run Seems to Be Nearing its Peak

The Graph market initiated a bullish trend on February 6, following a period of stagnation where bullish and bearish forces were evenly matched. Subsequently, the bull market gained momentum consistently. Initially appearing one-sided, the bullish trend soon witnessed increased volatility as bullish momentum intensified, prompting a response from bearish forces. Although recent days have seen notable bearish activity, it has largely proved unsustainable, with bullish sentiment prevailing and rejecting the bearish pressure. However, current market conditions suggest that the overall trend may be approaching its peak.

During the bullish phase, the Bollinger Bands began to diverge, indicating an increase in volatility attributed to growing liquidity in the market. This heightened volatility is reflected in the Relative Strength Index (RSI), which has entered the overbought zone due to the significant bullish sentiment. The Graph market has remained in the overbought zone for an extended period, further emphasizing the strength of the bullish momentum.

You can read more here: https://cryptosignals.org/blockchain/the-graph-grt-usd-bull-run-seems-to-be-nearing-its-peak/
Cartesi (CTSI/USD): Bullish Momentum Diminishes as Price Nears April 19, 2023 Resistance Level

The Cartesi market has sustained continuous bullish momentum, experiencing significant gains since its decisive breakout from the ranging trend on January 21. Although the bull market encountered some bearish activities along the way, the prevailing bullish sentiment has persistently pulled the market upward. However, as the market nears the critical resistance level of $0.35 on April 19, 2023, the strength of the bullish momentum is diminishing, raising the possibility of a correction.

The emergence of an inverted hammer at the peak of the trend suggests a potential reversal towards a bearish trajectory. Earlier today, the Cartesi market experienced a significant surge upward, yet the trading volume, indicated by a short-height histogram, hinted at the lack of sustainability in this bullish move. This crypto signal suggests that the initial bullish momentum observed earlier today was unsustainable, as proven by subsequent developments. There is a possibility that the price may reverse at a lower peak compared to previous peaks in 2023.

You can read more here: https://cryptosignals.org/cryptocurrency/cartesi-ctsi-usd-bullish-momentum-diminishes-as-price-nears-april-19-2023-resistance-level
Polygon (MATIC/USD) Price Is Reversing, Trying to Regain a Base

The crypto signal momentum that is featured in the Polygon market versus the worth of the US Dollar appears to rise back quickly against the resistance spot of $1.10, as the situation has been to be reversing some points that have been obtained close to it from the underneath, trying to grain a base.

As of the time of this analysis, the rate of dropping forces has been gradually acquiring a decrease that is appealing to attaining a shorting entry.

You can read more here:
https://cryptosignals.org/crypto/polygon-matic-usd-price-is-reversing-trying-to-regain-a-base/
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Crypto Signals
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The Graph (GRT),

Cartesi (CTSI),

Polygon (MATIC),

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Cryptosignals.org Daily Crypto Overview

Bitcoin:        $56,472.87 (⬆️ 9.69%)
Ethereum:      $3,242.59(⬆️  2.79%)

Bitcoin Fear and Greed Index: 79 Extreme Greed πŸ™‚
Major bias for Bitcoin in the past 7 days: πŸ‚ Bullish

Trending Coins (Top gainers & losers)

THETA:     24.25% ⬆️
BCH:            4.41% ⬆️
APE:          -2.32% ⬇️
GRT:          -2.47% ⬇️

Today's highlights

β€˜New nine’ Spot Bitcoin ETF volumes reach new daily high as BTC nears $55K - Cointelegraph

Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth
Coindesk