Breaking through prior support, turns resistance. We are still in a bullish channel. To validate the short trade, BINANCE:TRBUSD must close below $127 on a significant time frame in order to confirm the downward trend. Until then we are awaiting confirmation, but pressure to the downside seems imminent. More explanation on this trade later.
Insights on the Oracle Arena: A Comparative Analysis of First-Party vs. Third-Party Oracles In the rapidly evolving world of decentralized finance, a silent but significant battle has been unfolding, reminiscent of the historic cold war but within the digital realm of cryptocurrency. This confrontation pits the innovative First Party Oracle, API3, traded as ...
Thoughts: I'm keeping this very brief... The current state of BINANCE:API3USD is very bullish. Aside from the hyped news around this asset (Launching Oracle Extractable Value OEV), this underdog BINANCE:LINKUSD killer is a disrupter to all Oracles in the Cryptoverse. Folks, I believe we have been witnessing a cold war of the decentralized data oracles for...