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13 10, 2024

Dogecoin Price to $1, XRP Price to $5, and RCO Finance to $3 from $0.03

By |2024-10-13T02:20:30+03:00October 13, 2024|Crypto News, News|0 Comments

The crypto 2025 forecasts are here; most have a similar list. Experts see the Dogecoin price at $1, the XRP price at $5, and RCO Finance at $3. 

So, when looking at Dogecoin (DOGE), XRP, and RCO Finance (RCOF), which one will bring in the most gains with these predictions? Let’s find out.

Dogecoin Price to $1: What Kind of ROI Can Current Investors Expect?

Experts’ predictions on the Dogecoin price are here, and they’ve put DOGE at $1. The $1 level has been a major goal for DOGE holders for a long time, and finally, experts say that DOGE can reach this price in 2025. 

Right now, the Dogecoin price is around the $0.1067 level, marking an 11.85% increase from 30 days ago. This is a great sign for DOGE and DOGE holders, and experts say that if they’re patient, 2025 will be even better. 

A $1 Dogecoin price in 2025 will allow current DOGE investors to realize gains of over 800% or 8x, meaning that Dogecoin is a sound long-term hold. 

Some major drivers that will help DOGE holders see the $1 Dogecoin price level include community engagement and large companies’ acceptance of DOGE as a payment method. 

Tesla, Twitch, and GameStop have already incorporated DOGE as a payment method, and experts say that many others will follow suit. 

XRP Price to $5: Will Holders Finally See an Extended Rally?

The recent XRP price movements have been very disappointing for XRP holders, to say the least. In the past 30 days, the XRP price has only moved by 0.81% on the upside, which is extremely low compared to other altcoins. 

However, experts say that 2025 is the year when the XRP price finally goes on an extended run. They say the last few years were needed for this crypto to balance out and go through a needed accumulation period.

Also, the last few years have been riddled with legal battles for Ripple, which has, of course, affected the XRP price. Namely, people were scared to invest in this crypto token due to the lawsuits, but as Ripple keeps winning, experts say that more and more investors see this crypto as a long-term hold. 

Also, analysts say that if the current SEC appeal leads to a similar situation for the XRP price in December 2020, this crypto could go on an extended run again and reach $5. Furthermore, the XRP price could reach $5 if BTC reaches $80,000-$100,000 in 2025.

At the moment, the XRP price is $0.5298, and its trading volume is decreasing. When the XRP price hits $5, current investors will see gains of over 800%, similar to Dogecoin holders.

100x ROI and Profitable Investment Strategies: RCO Finance Offers Both

According to experts, while Dogecoin and XRP offer 8x gains for 2025, RCO Finance provides the highest ROI, with 100x gains in store. The reason why RCOF is the most lucrative crypto of the three is because it is still in its early stages, and it brings never-before-seen utility.

RCO Finance is an advanced financial platform that provides traders with access to sophisticated investment strategies. With RCO Finance’s AI Robo Advisor, beginners can develop a profitable and sound investment strategy based on their market preferences, financial goals, and risk aversion. 

In addition, seasoned traders can improve their strategy and perfect it, allowing them to make much larger and more consistent profits than they have before. 

Also, the strategy you’ll get from RCO Finance will be updated whenever there are new trends, market movements, and changes in user behavior. This allows you to be the first to spot and take advantage of all new developments and fluctuations in the market. This is possible thanks to the advanced Machine Learning models that the Robo Advisor uses.

With these models, the Advisor digests real-time financial data from global sources like Bloomberg and Reuters and immediately implements it in your strategy. So, if there’s any volatility, changes, or movements, you can profit from them immediately.

RCOF: 100x Your Investment by 2025

RCOF is the only option of three that will boost your investment by 100x by next year. Experts say that RCOF will go to $3 by next year, a 100x increase from the current price of $0.03.

As of Stage 2 of the RCOF presale, over $2.8 million have been raised, and SolidProof, a leading security firm, has already audited RCO Finance. Also, Stage is halfway done, showing how fast RCOF tokens sell!

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community



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13 10, 2024

Lemme Sleep Took Over My TikTok, So I Had to Try This Supplement Myself

By |2024-10-13T00:52:45+03:00October 13, 2024|Dietary Supplements News, News|0 Comments


Getting a good night’s sleep is important, but not everyone is lucky enough to fall asleep instantly and wake up right on time. Long-term sleep deprivation isn’t just frustrating — it can have severe health implications, such as high blood pressure, diabetes, obesity and depression. 

Like others, I struggle with getting enough rest and am always looking for ways to improve my sleep quality. I came across a few TikTok videos about the Lemme Sleep brand and the effectiveness of its sleep gummies but remained skeptical. I’ve tried countless sleep hacks, remedies and supplements over the years — would this one be any different? I decided to jump on the bandwagon and give it a shot.

What is Lemme?

Lemme (or Lemme Live) is a vitamin brand created by American media personality Kourtney Kardashian Barker. It has a variety of wellness supplements for sleep and de-stressing, boosting energy, digestive health, vaginal probiotics, fat-burning gummies and more. Kourtney explains on Lemme’s website that her mission was to develop vitamins and supplements with clinically-backed ingredients that are also tasty.

I have to hand it to them — Lemme’s marketing is superior. Its email campaigns and social media posts are aesthetically pleasing, striking a balance of simple and informative. It stays on top of trends and strategically offers attractive solutions to common health issues or insecurities many people face: Do you desire radiant hair and skin? Try the Lemme Glow gummies. Are you struggling to lose weight? Consider the Lemme Burn and Lemme Curb duo to combat fat and manage unwanted cravings. Do you want to be more productive throughout your busy day? Try the Lemme Matcha gummies for sustained energy and focus. The list goes on.

Lemme offers a variety of health supplements, not just sleep aids.

Lemme

Initial thoughts on Lemme

The sleep gummies were sold out when I initially tried purchasing them, so I signed up for the company’s emails. I was notified that they were back in stock a few days later and immediately ordered a bottle. Since signing up for the email and text campaigns just a couple of months ago, I’ve noticed Lemme Sleep gummies have gone out of stock multiple times — a sign they remain trendy.  

Right away, I was impressed by the container. I am a sucker for good packaging, and Lemme nailed it. The bottle is fun, and the materials feel high-quality. It is made of 100% post-consumer recycled plastic. The mailers and shipping boxes are also recyclable and biodegradable, which I appreciate (and expect, quite frankly).

screenshot-2024-05-01-at-2-12-21pm.png screenshot-2024-05-01-at-2-12-21pm.png

The Lemme Sleep gummies are packaged in fun, recycled plastic bottles.

Aly Lopez/CNET

Olly vs. Lemme

My Lemme Sleep gummies arrived just as I ran out of the Olly Sleep gummies I had been taking for the past month. Olly is a comparable brand that offers a variety of vitamins and supplements. With Olly Sleep, I noticed that while they would make me almost immediately sleepy, they were not always enough for me to get solid, deep sleep and stay asleep throughout the night — my two main issues. However, they were consistent and certainly never made my sleep any worse. 

To compare the ingredients:

  • Olly Sleep has melatonin, L-theanine and botanicals
  • Lemme Sleep has melatonin, L-theanine, magnesium and botanicals
  • Olly has 3 mg of melatonin, whereas Lemme Sleep has 5 mg
  • Olly has 100 mg of L-theanine, and Lemme Sleep has 50 mg

I had just finished a bottle of Olly Sleep when my Lemme Sleep gummies arrived.

Aly Lopez/CNET

Given that a serving of the Olly Sleep gummies has less melatonin but more L-theanine than Lemme Sleep, I wasn’t sure how the two would compare.

To me, the berry flavor of Lemme Sleep tasted better than Olly Sleep’s blackberry flavor, but I wouldn’t want to eat either of them like candy. The Lemme gummies dissolved much faster than Olly’s, which are, well, gummier.

A bottle of Lemme Sleep has 60 gummies (30 servings) and costs $30. A bottle of Olly Sleep has 50 gummies (25 servings) and is priced at only $14 — less than half the price. $30 for a bottle of dietary sleep supplements like this is one of the higher price tags I’ve seen.

My first night taking Lemme Sleep

While preparing for bed, I took the recommended dosage of two gummies. Less than 30 minutes later, I felt myself drift off to sleep. I remember feeling incredibly relaxed, as if peacefully floating on a cloud. According to my sleep tracker, I slept for 10 hours and 4 minutes — a new high score. I’m not sure that I’ve ever slept that long. 

As shown in my sleep data below, I woke up a few times throughout the night but fell back asleep quickly each time. I didn’t remember having bizarre dreams, which is unusual for me. I did wake up feeling rather groggy and probably would have slept even longer if my dog hadn’t woken me up asking to go outside. 

In those 10 hours, I spent less than 1 hour in deep sleep (53 minutes) and most of the time in core/light sleep (7 hours). The recommended amount of deep sleep for adults is around 1.5 to 2 hours, or 20% to 25% of the total time asleep. Ideally, I would have spent 2 to 2.5 hours in deep sleep, which may explain why I woke up still tired — that, or I “overslept” for the first time in years. My sleep latency, or the time it takes to fall asleep, was also very short.

After taking two Lemme Sleep gummies, I slept for a shocking 10 hours. 

Aly Lopez/CNET

Overall, I was impressed by my experience on the first night of taking Lemme Sleep. My average sleep time is usually around 6.5 to 7 hours, so this was a surprisingly drastic difference.

Is it OK to take sleep supplements every night?

Throughout my years of testing and researching various sleep aids, I’ve grown hesitant to relying heavily on supplements with melatonin. Dr. Navya Mysore, primary care physician and media health expert, confirmed these hesitations. “Sleep supplements are OK from time to time. Generally, I don’t recommend them for everyday long-term use. Up to two months is OK while you are trying to figure out the source of the sleep issue, but long-term use of melatonin may affect how you naturally produce melatonin.” 

To avoid overdoing it and to test the actual effectiveness of Lemme Sleep, I varied the number of gummies I took each night. The instructions on Lemme’s website also say that you can start with a one-gummy dose if you’re looking for lighter sleep or want to see the effect before taking a two-gummy dose. Throughout the 24 days of my experiment, there were eight nights when I took two gummies, eight nights when I took one gummy and eight nights when I took none. 

My second night taking Lemme Sleep

Having slept for a deliciously long time after the first night of taking Lemme Sleep, I was looking forward to it the next night. I only took one gummy and was surprised by the results. Like the first night, I fell asleep quickly. But unlike the first night, I slept for a measly 5 hours and 15 minutes, and spent over 2 hours awake throughout the night. 

Of course, other factors could influence sleep quality, such as bedroom environment, stress levels, extraneous noises, exercise, etc. On this particular night, nothing out of the ordinary would have been to blame though. For hours, I was awake, frustrated and confused about why I couldn’t sleep when the previous night had been such a success. It was like taking one gummy had the opposite effect. 

I slept half as long the second night as I did the first night after taking Lemme Sleep.

Aly Lopez/CNET

Trial and error: Testing various amounts

About a week later, I had another 10-hour night after taking two Lemme Sleep gummies. Like that first night, I didn’t get as much deep sleep as I would have liked (less than 1 hour). I spent nearly an hour awake, which is more than preferred. Regardless, I woke up feeling refreshed and rejuvenated — not as groggy as I had the first time. 

img-5493-1.jpg img-5493-1.jpg

The second (and final) night of getting 10 hours of sleep during the testing period.

Aly Lopez/CNET

My sleep data results

On average, I slept the most (around 8 hours per night) after taking two Lemme Sleep gummies. Compare that to a lower average of 7 hours, 22 minutes after taking one Lemme Sleep gummy, and the lowest of 6 hours, 38 minutes on nights when I took zero gummies.

Number of gummies taken vs. average hours slept

I slept the most after taking two Lemme Sleep gummies, around 8 hours.

Though I slept the most after taking two Lemme Sleep gummies, it was not consistent, and it wasn’t necessarily better sleep, as shown below. Toward the end of the trial, taking one gummy resulted in the most consistent sleep and the least amount of time awake. I was impressed by the low awake times I experienced after taking only one gummy. For four nights, I was awake for 6 minutes or less, which is a significant improvement. 

Nightly hours slept vs. number of gummies taken

I consistently got the least amount of sleep on the nights when I took no gummies.  

Regarding my sleep cycle, the most significant difference is that I spent more time in light/core sleep after taking two gummies. Interestingly, my deep sleep remained roughly the same (about an hour) regardless of how many gummies I took. I spent about as much time awake on nights when I had no gummies and nights when I took two. On the nights I took only one gummy, I spent the least time awake.

Average time spent in each sleep phase

I spent the least time awake on nights when I took only one gummy.

Lemme break down the ingredients

In one serving (or two gummies), Lemme Sleep has:

  • 5 mg of melatonin
  • 20 mg of magnesium
  • 50 mg of L-theanine 
  • 25 mg of a botanical blend (chamomile, lavender and elderberry)

screenshot-2024-05-01-at-11-08-23am.png screenshot-2024-05-01-at-11-08-23am.png

Lemme Sleep has melatonin, magnesium, L-theanine and a proprietary herbal blend. 

Aly Lopez/CNET

I consulted with Dr. Navya Mysore about these ingredients. “The melatonin dose is a good average amount — usually what I recommend to my patients to try. Magnesium citrate is very low and not what I would suggest for sleep. I like magnesium bisglycinate; about 400 mg before bed is a good dose. They are still trying to figure out the dosage for L-theanine and what would help with sleep, but 50 mg seems on the lower end.”

In regard to the botanical blend within the Lemme Sleep gummies, Mysore explains, “There is little evidence that the other ingredients [in the botanical blend] support sleep. In general, I’m not a fan when they try to mix many things into one supplement. It’s often better to take the individual supplement where you can have a higher dose of the supplement itself.” I encountered this opinion in other online reviews of Lemme Sleep. 

It’s also important to note the disclaimer on Lemme’s website, which reads, “These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease.”

What people are saying about Lemme

Lemme’s vitamins and supplements are also available on Amazon, with mixed customer reviews. The Lemme Sleep gummies currently have a 3.8/5-star rating out of 1,400 reviews — 17% of which are one-star. Most users who left negative reviews said that while the gummies are undeniably tasty, they didn’t seem to improve their sleep quality. Some reviewers claimed they slept worse or were awake longer than usual throughout the night after taking them. 

58% of customers have left glowing five-star reviews on Amazon. Many said taking Lemme Sleep fixed their out-of-whack sleep schedules by helping them fall asleep faster and stay asleep longer. The contrasting reviews, similar to my own experience, remain somewhat divided — after all, sleep patterns, behaviors and reactions to supplements are extremely personal and different for everyone. 

The reviews on Lemme’s website are much more positive: currently, 83% of the reviews are five stars, and many users claim they’re the best sleep supplements they’ve ever taken. 

Final thoughts on the Lemme Sleep gummies

I did not expect the inconsistencies in my sleep when taking the Lemme Sleep gummies. Sometimes, I would wake up feeling groggy; other times, I would be wide awake and ready to start the day. Sometimes, I would sleep for 10 hours, sometimes 5. Overall, it improved my sleep latency (the time it takes to fall asleep) and helped me get more sleep, on average, though not necessarily better sleep.

Toward the end of the experiment, I found that taking one gummy was most effective in keeping me asleep throughout the night. Moving forward, I’ll likely take the Lemme Sleep gummies on nights when I’m feeling especially sleep-deprived and have the time to potentially sleep for 10 hours. 

Be sure to consult your doctor before trying Lemme Sleep or other dietary supplements. Generally, it’s best not to rely on a nightly sleep supplement and to work on naturally enhancing your body’s ability to produce melatonin. For additional ways to improve your sleep habits, Mysore recommends getting enough exercise, stopping caffeine intake by noon and limiting the number of caffeinated drinks you have daily (no more than two to three), having a consistent sleep/wake schedule, keeping the bedroom cool and turning off screens at least 1 hour before bed.

You should try the Lemme Sleep gummies if:

  • You regularly struggle to fall asleep and stay asleep
  • You want a sleep supplement with melatonin
  • You’re searching for a temporary solution for getting into a regular sleep pattern

You should skip the Lemme Sleep gummies if: 

  • You don’t want a sleep supplement with multiple ingredients
  • You’re looking for a consistent, long-term solution for insomnia
  • You’re looking for a budget sleep supplement





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13 10, 2024

Will SOL Price Reach New Highs?

By |2024-10-13T00:20:07+03:00October 13, 2024|Crypto News, News|0 Comments

Solana, a key player in the blockchain world, is experiencing a rise in user activity. Recent data shows a sharp increase in daily active addresses and new sign-ups, which could lead to a price jump for Solana. But what does this mean for Solana’s price in USD, and will it continue to rise?

We’ll explain what’s happening with the Solana token, and how the network’s growth might affect its value. Is this the right time to watch Solana closely?

Increased Network Activity Boosts Solana’s Value

Since October 5, the number of unique addresses on Solana’s network rose by 12%. This is a shift from the previous drop in activity, showing that more people are using the Solana coin. More users mean more transactions, which boosts Solana’s revenue and value.

Solana’s price in USD now reflects this trend. It’s priced at $141.06, up by 1% from the previous week. This rise is a strong signal for crypto Solana, showing that the blockchain is getting traction, similar to the recent XRP action. A larger user base often means higher network liquidity and transaction volume, which benefits the Solana course.

Solana Price Prediction: Will It Reach New Highs?

The rise in user numbers has led to an 8% increase in Solana’s revenue in the past week. This growth supports the Solana price prediction of a possible 33% increase, with the value potentially reaching $188.52 if the trend continues.

Analysis shows that Solana’s current activity is similar to previous periods when the Solana price surged after a spike in network usage. The Solana USD value could rise further if these patterns hold. Past examples indicate that a boost in user numbers often leads to a significant rise in value.

What’s Next for Solana?

If user activity stays strong, the Solana prediction is positive. The token might rise beyond its recent levels. However, if the growth stops, the Solana price could drop below the $133.58 support level, with a risk of falling to $110.

What is Solana’s future course in this situation? Experts say that growth in user numbers and updates are key. With planned developments on the way, there is hope that the Solana token will remain a top asset, increasing interest in the Solana to USD rate as well as all the relevant news.

Minotaurus ($MTAUR): Fresh Pick for Holders Watching SOL’s Rise

With Solana’s network activity soaring, the future looks bright, and the community is buzzing with excitement about the SOL rally. While waiting for that breakout, why not check out what else has people talking? On social media, Solana fans are already diving into presales like Minotaurus ($MTAUR). Could it add value to your SOL portfolio? Read below.

Minotaurus ($MTAUR) stands out from other projects with real in-game utility and long-term sustainability. Casual gaming is booming, and Minotaurus taps right into that market. Already surpassing the $100K mark in its presale, you can still get tokens at $0.00005964 — a 70% cut compared to the listing price. 

What’s more, the team behind Minotaurus recently announced a $100,000 giveaway. It’s exclusive to presale buyers, with a top prize of $50,000 and 100 total winners! Add in referral bonuses for sharing the project and vesting bonuses for holding tokens, and it’s clear that the focus is on the community. 

All in all, as many reviewers have already noted, Minotaurus offers more than just hype. Supporters encourage people to act fast, so give it a shot and get in now before it’s too late!

Conclusion

The boost in Solana’s network activity and revenue shows positive signs for the Solana coin. If this trend keeps going, the Solana price could see a 33% increase. However, if the momentum drops, SOL might struggle to stay at its current price.

And if you’re looking to potentially supercharge your SOL holdings, consider adding $MTAUR to the mix. With its exciting presale and community-driven perks, Minotaurus ($MTAUR) might just be the perfect complement to your crypto portfolio.



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12 10, 2024

DOGE Price Prediction for October 12

By |2024-10-12T20:17:28+03:00October 12, 2024|Crypto News, News|0 Comments

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bulls have turned out to be more powerful than bears on Saturday, according to CoinStats.

Article image
Top coins by CoinStats

DOGE/USD

The rate of DOGE has gone up by 2.51% over the past 24 hours.

Article image
Image by TradingView

On the hourly chart, the price of DOGE is on the way to test the local resistance of $0.1121. If the bar reaches it or even closes above, the growth is likely to continue to the $0.1150 range shortly.

Article image
Image by TradingView

On the daily time frame, the picture is similar. If a test of the $0.1129 level happens and the candle closes with no long wick, the energy might be enough for a move to the $0.12 zone next week.

Article image
Image by TradingView

A less clear situation is on the weekly chart. The rate of DOGE is far from the key levels, which is also confirmed by the low volume. In this case, ongoing sideways trading in the area of $0.1050-$0.1150 is the more likely scenario.

DOGE is trading at $0.1118 at press time.

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12 10, 2024

DOGE to Moon? What to Expect From Dogecoin Price This Week

By |2024-10-12T18:15:24+03:00October 12, 2024|Crypto News, News|0 Comments

What is happening

Dogecoin, the first ever meme coin, has shown strange behavior prior to the highly anticipated Uptober bull run that has not arrived yet. For once, the DOGE price has been steadily growing all throughout the September with some minor corrections.

Source: CoinMarketCap

The massive breakout that started in late September has led to a 25% surge, while the rough drop in the beginning has sent the meme coin back to $11 levels. As of now, DOGE is traded at $0.111, with some clear signs of uptrend on the horizon.

Related

Dogecoin (DOGE) Facing New Stress Test, Will It Pass?

Needless to say, Dogecoin holders are poised for a big Uptober bull run.

Uptober yet to start

According to crypto analyst Ali Martinez, Dogecoin (DOGE) may be poised for a repeat of its historical bullish pattern. Martinez highlighted that DOGE is currently breaking out of a multi-year descending triangle, a pattern that has led to significant price rallies in the past.

Martinez shared a chart showing that since 2015, DOGE has followed a similar trajectory: First, it surges by 200%, then undergoes a 60% retracement.

After this correction, a larger bull run typically follows. If history repeats, Dogecoin could be on the verge of another significant rally.

Related

Dogecoin (DOGE) 70% Surge Incoming? Important On-Chain Data

The absence of selling pressure resistance points to a potential rally for DOGE toward the $0.17 price level, where more resistance to the asset’s decline and possible consolidation await.

Notably, the surge in Dogecoin market volume signals increased interest and liquidity. These two factors stabilize the market and could prevent a sell-off from DOGE holders, especially whales.

Dogecoin price history suggests the beginning of trend reversal around Oct. 16-19.

Article image
Source: IntoTheBlock

If Uptober arrives this year, the massive price rebound will follow, far exceeding last month’s high of $13.

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12 10, 2024

Eight Theses Shared by DeFi Enthusiast

By |2024-10-12T15:45:50+03:00October 12, 2024|News, NFT News|0 Comments


Seasoned pseudonymous DeFi commentator who goes by @FigoETH on X shares his reasons to be bullish on Ethereum (ETH) in the long run. He indicates eight theses to debunk the anti-ETH FUD triggered by the upcoming launch of Uniswap’s own blockchain.

Innovations, retail, big tech, dApps: Analyst on catalysts for ETH

The cryptocurrency audience should “stop whining” and acknowledge that Ethereum (ETH) as technology and ecosystem only becomes greater over time. DeFi enthusiast @FigoETH explains which developments make him feel optimistic about the potential of the second cryptocurrency.

First, it’s the number of innovations for Ethereum (ETH) tech introduced by the rise of Eigenlayer’s (EIGEN) restaking infrastructure: data availability layers, on-chain oracles, trustless bridges and so on. The next generation of L2 solutions will push throughput of Ethereum (ETH) over 100,000 transactions per second and accomplish seamless interoperability with competing ecosystems outside EVM.

Then, the involvement of top-tier asset managers (Blackrock) and Web2 tech heavyweights (Sony, Samsung) in using Ethereum (ETH) solutions only surges over time.

On the other hand, Coinbase keeps bringing retail customers to Ethereum (ETH), especially when on-chain transaction fees are low.

So do the mainstream dApps like Polymarket or Farcaster that have finally found a product-market fit and address “real-world” needs of internet users.

Related

As covered by U.Today previously, as Uniswap (UNI) made headlines by launching its own blockchain on Optimism’s OP Stack, some speakers turned bearish on ETH as an asset.

Ethereum (ETH) still years ahead in L2s race

The opportunity to collect fees in UNI (and, therefore, in any other token for future protocols of this type) is a signal of the coming irrelevance of Ether as the main gas currency for DeFi.

Also, Ether critics are stressing that with lowered transactional activity, it fails to protect its deflationary status amid plunging burn rates. As such, it cannot rely on the “Ultra Sound Money” narrative any longer.

However, @FigoETH concludes that Ethereum (ETH) is still years ahead of competition even on the L2s battlefield. As such, all fundamentals still look bullish in Q4, 2024.

Ethereum (ETH) is changing hands at $2,444 with 1.3% overnight gains.





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12 10, 2024

4 supplements that may help your lower cortisol levels

By |2024-10-12T14:47:44+03:00October 12, 2024|Dietary Supplements News, News|0 Comments


Cortisol—it’s an often-vilified stress hormone that’s been implicated for its role in excess belly fat and risk for a number of chronic diseases. 

It’s a hormone your body releases in order to help you fight back or flee the scene in the face of a threat. But when your life is so high-stress that you’ve got cortisol coursing through your veins at all times, it can lead to high blood sugar, high blood pressure, excess weight and diabetes—all of which raise your risk for a slew of long-term health conditions. 

So it’s no wonder you might want a pill that could lower cortisol. 

Here’s what’s known about dietary supplements that may affect how your body handles stress and, as a result, lower your cortisol.

Magnesium

A 2020 review in the journal Nutrients supports the theory of a magnesium-stress vicious cycle. Turns out, many common signs of stress are also symptoms of low magnesium, such as fatigue, trouble sleeping, upset stomach, nervousness, irritability and headache. Research shows that stress may deplete the body of this essential nutrient and that low magnesium may make the body more sensitive to stress. Boosting magnesium with a supplement, some studies show, can relieve symptoms of stress, such as irritability, fatigue and poor sleep, and decrease cortisol levels. 

If those symptoms sound like just another Tuesday to you, it may come as no surprise that “A lot of people in the U.S. are a little low on magnesium,” says Cydney McQueen, PharmD, a clinical professor at the University of Missouri-Kansas City School of Pharmacy and an expert on dietary supplements. 

If you want to try a supplement for its possible effects on your body’s stress and cortisol levels, McQueen says magnesium would be a good one to start with. Over-the-counter magnesium supplements at the recommended dose are known to be safe and could bring other benefits, too. Magnesium through food or supplements may help prevent diabetes, migraine headaches, and osteoporosis, and it could help lower blood pressure, too. 

“Adding a reasonable dose through a supplement could have beneficial effects and we know it’s safe at those doses.” 

Omega-3 polyunsaturated fatty acid

The healthy fat found in seafood and soybeans, among many other sources, may play a role in biological markers of stress, including cortisol. 

A 2018 study of 2,724 middle-aged adults in the journal Psychoneuroendocrinology found that those with high cortisol levels had low blood levels of omega-3. Some research finds that when people with this biological sign of stress take omega-3 supplements, cortisol levels and other stress indicators improve. 

Omega-3 is another one that McQueen highlights as a well known supplement that’s generally safe and may have other benefits. 

“These supplements can be anti-inflammatory, and that can treat some of the negative effects of elevated cortisol,” she says. “They may benefit blood flow and your lipid profile, too,” she says. 

But before you try these supplements, the National Institutes of Health (NIH) advise that there’s conflicting evidence as to whether boosting omega-3 could also boost risk for prostate cancer. People who take medications that affect blood clotting or who have fish or shellfish allergies should talk to their doctor before taking this supplement. 

Vitamin C

A 2017 research analysis, published in JBI Database of Systematic Reviews and Implementation Reports, concluded that high-dose sustained release vitamin C helped blunt blood pressure spikes and anxiety in response to stress in women. That doesn’t mean it wouldn’t have the same effect on men. The study simply didn’t include men. 

Vitamin C is a known antioxidant, so it may bring other health benefits. But, be careful, there are real risks to getting too much vitamin C, especially in certain groups, such as postmenopausal women with diabetes and people at risk for kidney stones. The upper limit for all adults is 2,000 mg/day. 

Ashwagandha

This green shrub found in India, Africa and the Middle East has been used as a medicine for thousands of years. Ashwagandha is known as an adaptogen—a plant or mushroom that helps the body respond to stress, anxiety or fatigue. 

Some clinical trials show that the evergreen may help ease stress and insomnia. 

“If you’ve got a supplement that’s helping you sleep a little better at night, that’s a way of dealing with stress, so naturally your cortisol will go down,” McQueen says. 

There’s less evidence, according to the NIH, to support a role for ashwagandha in anxiety. 

Keep in mind, most formal scientific research into medicinal plants tends to run up against the same problem—very small sample sizes. Research into this particular plant is no different. That said, “it’s looking promising for helping people with anxiety and stress. As part of that, you’d decrease cortisol,” McQueen says. 

As far as safety goes, research hasn’t tracked people taking ashwagandha for more than three months. There could be as-yet-unknown long term effects. You shouldn’t take it if you’re pregnant, breastfeeding, going to have surgery, or have autoimmune or thyroid disorders. It also interacts with a number of medications. If you take prescriptions, clear this supplement with your doctor or pharmacist first. 

The bottom line

These supplements may help move the needle on your cortisol levels. But remember, McQueen emphasizes, “Cortisol is a symptom, not the disease.” 

What’s causing your high cortisol levels is stress. 

“Anything you can do to lower stress—yoga, meditation, better sleep, a healthier diet—will bring cortisol down, too.”

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12 10, 2024

Polygon (MATIC) Price Prediction 2024, 2025, 2026, 2027

By |2024-10-12T14:13:06+03:00October 12, 2024|Crypto News, News|0 Comments

Some analysts say that Polygon may hit $5.34 by 2030. Decided Polygon is a good addition to your portfolio? You can buy MATIC on Binance, Coinbase and Kraken.

JOIN THE MOON OR BUST EMAIL LIST

Polygon (MATIC) Price Prediction 2024, 2025, 2026, 2027

matic

Polygon

$0.376031*

*prices delayed up to 10 minutes

+1.00%

24H

Buy Polygon

The cryptocurrency market is a roller coaster — thrilling highs followed by heart-pounding dips. But amid the volatility, some cryptocurrencies like Polygon (MATIC) have carved a niche, with a significant user base and a thriving ecosystem. As we move through 2024, a burning question grips investors: will MATIC continue its ascent or face a bumpy road ahead?

This comprehensive guide delves into the future of Polygon, providing insightful MATIC price predictions for 2024, 2025, and beyond. We’ll analyze market trends, technological advancements, and expert opinions to depict MATIC’s potential trajectory.

So, buckle up whether you’re a seasoned crypto holder or a curious newcomer! This exploration will equip you with the knowledge to make informed decisions about your own Polygon investments.

Polygon (MATIC) Price Prediction Table

To provide a clearer understanding of the potential future performance of Polygon, we have compiled a MATIC price prediction table based on current market trends and expert analyses. This table highlights projected price points for MATIC over the next few years, giving investors a comprehensive overview of its expected trajectory.

Year Average Price* Percent Increase
2024 $0.410 -%
2025 $0.507 23.66%
2026 $0.734 44.77%
2027 $1.08 47.14%
2028 $1.53 41.67%
2029 $2.19 43.14%
2030 $3.16 44.29%
2031 $4.54 43.67%
2032 $6.46 42.29%
2033 $9.06 40.25%
2040 $102.82 1034.88%
2050 $237.35 130.84%

***Note that these are forecasts sourced from Changelly and average prices are subject to changes.

What Is Polygon (MATIC)?

Polygon is a blockchain network built on top of the Ethereum blockchain. Polygon functions as a sidechain to the Ethereum blockchain. This sidechain architecture offers a layer 2 scaling solution that directly tackles the challenges of scalability faced by the Ethereum network. As a connected sidechain, Polygon interacts with the Ethereum mainnet through a two-way peg, facilitating seamless interoperability between the two systems. Sidechains like Polygon alleviate network congestion and gas fees by processing transactions of the main Ethereum chain, ultimately enabling faster and more cost-effective transactions for users.

To enhance Ethereum’s scalability, Polygon, along with other projects, leverages two distinct layer 2 scaling solutions: Optimistic rollups and ZK rollups. Optimistic rollups operate under the assumption that transactions are valid unless proven fraudulent, utilizing optimistic execution to streamline computational costs. 

Conversely, ZK rollups employ zero-knowledge proofs to consolidate multiple transactions into a single, verifiable proof. This approach not only boosts scalability and privacy but also upholds the security of the Ethereum network. These layer 2 solutions play a critical role in optimizing Ethereum’s transaction throughput and minimizing fees, paving the way for a more efficient and user-friendly experience within the realm of decentralized applications (dApps).

MATIC is the native cryptocurrency of the Polygon network. Think of MATIC as the toll you pay to use the faster lane on the highway (Polygon network). Users pay transaction fees and participate in network governance by using MATIC tokens.

Essentially, Polygon (MATIC) provides a smoother and more affordable way to interact with the Ethereum blockchain, making it an attractive option for developers and users. This growing user base and functionality contribute to the potential value of MATIC as a crypto asset.

Will Polygon Go Past All-Time Highs? 

The all-time high for Polygon (MATIC) was $2.92, achieved on Dec. 27, 2021. Experts suggest that MATIC may surpass this previous all-time high by around 2030, but several hurdles could impact this growth trajectory.

Firstly, Polygon faces stronger competition from newer layer 2 solutions like Optimism (OP) and Arbitrum (ARB). These competitors are currently trading around $1.65 and $0.552, respectively, with significant potential for growth in the upcoming bull run. The strong market sentiment, positive technical analysis, and recent price gains position Optimism and Arbitrum as formidable contenders, potentially overshadowing Polygon’s market share.

Moreover, issues such as transaction execution failures, reported on platforms like Reddit’s r/ledgerwallet and the Polygon Community Forum, could undermine investor confidence. Additionally, broader market dynamics, including regulatory challenges and fluctuations in investor sentiment, might hinder MATIC’s ability to reclaim its previous highs.

Despite these challenges, Polygon’s layer 2 solutions, along with its dominance in decentralized finance (DeFi) and non-fungible tokens (NFTs), provide a solid foundation for future growth. The recent launch of Polygon AggLayer, a protocol connecting Layer 2 chains within the Polygon network, could serve as a significant catalyst. This interoperability protocol, first used by Astar zkEVM on Feb. 23, 2024, enhances liquidity and chain interaction, potentially boosting MATIC prices.

Finally, while Polygon has solid fundamentals and innovative advancements like the AggLayer, reaching its all-time high again will require overcoming substantial competition and market challenges.

Polygon Price History and Market Position

As of Oct. 1, 2024, the live price of Polygon (MATIC) stands at $0.3757 per token, with a market capitalization of $1.07 billion and a 24-hour trading volume of around $37 million. This positions Polygon as a significant entity in the cryptocurrency market, attracting considerable attention and trading activity. Polygon (MATIC) reached its all-time high of $2.92 on Dec. 27, 2021. This peak reflects substantial growth and heightened market interest in the platform’s capabilities. 

Currently, the price is significantly lower at $0.3757, indicating potential room for growth. The lowest recorded price for MATIC was approximately $0.003012 on May 10, 2019. Compared to this all-time low, the current price is about 12,373% higher, showcasing the significant appreciation in value over the years. 

Despite the recent fluctuations, Polygon has shown resilience and a promising potential for future growth. Its focus on enhancing scalability and reducing transaction costs on the Ethereum network positions it well to capitalize on the increasing demand for efficient layer 2 solutions. ADA, SOL, ARB, OP, AVAX, and NEAR are the projects on MATIC’s list of major competitors.

This strategic focus is crucial as the Ethereum network faces congestion and high transaction fees. In terms of competition, Polygon faces significant challenges from other layer 2 solutions such as Optimism and Arbitrum. These platforms also aim to improve Ethereum’s scalability and transaction throughput, positioning themselves as key competitors.

Coincu’s Bullish Long-Term Price Prediction for Polygon

One reputed source, Coincu, predicts that Polygon’s price may reach an average of $4.19 by 2025, rising to $12.63 by the end of 2030. Additionally, the same source projects that by 2040, Polygon could reach $21.53, representing a significant increase compared to its current value.

However, these prices may only be achievable if Polygon (MATIC) becomes the dominant scaling solution or liquidity layer for Ethereum, which is not the case now.

Godex.io’s Bearish Long-Term Price Prediction for Polygon

Most reputable sources suggest that the price of Polygon (MATIC) may rise in the upcoming years. However, Godex.io has predicted a bearish outlook for MATIC in the long term, though it does not provide specific details from an analyst. There are several possible reasons for this bearish sentiment among some analysts. 

One major factor is the intense competition Polygon faces from other Layer 2 scaling solutions, particularly Optimistic Rollups and ZK proofs projects like Optimism, Arbitrum, and Loopring. If Polygon fails to outperform these competitors, it could struggle to maintain its value and market position in the future. This competitive pressure makes it crucial for Polygon to continue innovating and improving its offerings to stay ahead in the rapidly evolving blockchain space.

2024 Polygon (MATIC) Price Prediction

Godex.io’s most optimistic forecasts suggest MATIC could hit $2.202 in 2024. AMBCrypto takes a more conservative stance, forecasting Polygon’s price for October 2024 to range between $0.41 and $0.47, with an average of approximately $0.44. For December 2024, they predict a slight increase, seeing the token to trade for an average price of $0.45, ranging from $0.42 to $0.48.

Binance’s price prediction tool allows users to input their own MATIC price forecasts for 2024 and beyond, although it doesn’t offer specific analyst predictions.

It’s essential to recognize that these predictions come with inherent uncertainties. Cryptocurrency markets are volatile and unpredictable; past performance doesn’t guarantee future outcomes. Investors should conduct thorough research and exercise caution when making investment decisions.

2025 Polygon (MATIC) Price Prediction

AMBCrypto’s analysis forecasts Polygon’s price fluctuates between $0.43 and $0.64, with an average of around $0.53 in 2025. CoinCodex sees a more positive sentiment for Polygon, predicting MATIC to reach a maximum of $3.00. On the other hand, Godex.io adopts a more conservative stance, projecting a subdued outlook for Polygon in 2025. 

Predicting cryptocurrency prices, including Polygon (MATIC), remains complex due to market volatility. While insights from analysts and tools offer valuable perspectives, they should be treated as speculative rather than definitive. Investors are encouraged to conduct comprehensive research, consider various information sources, and carefully weigh their investment strategies against their risk appetite.

2030 Polygon (MATIC) Price Prediction

AMBCrypto’s analysis presents an optimistic forecast, suggesting that Polygon (MATIC) could reach an average trading price of approximately $1.27 by 2030. Achieving this milestone would require Polygon’s market cap to soar to around $750 billion, a target that currently seems unrealistic. In contrast, Godex.io and CoinCodex offer a more cautious outlook, predicting a bearish long-term future for Polygon in 2030.

Given these differing perspectives, investors are advised to conduct thorough research, consider a variety of information sources, and carefully assess their investment strategies in line with their risk tolerance.

Where to Buy Polygon (MATIC)

Want to buy Polygon (MATIC)? Here’s your launchpad! Binance, Coinbase, Uniswap, Huobi Global, Changelly, Securities.io, Paybis, Kraken, and WazirX offer secure ways to grab MATIC using credit cards, debit cards, or even Bitcoin. These crypto exchanges cater to different needs with user-friendly interfaces and smooth transactions. Choose your platform and start your Polygon journey today!

How Long Will It Take for Polygon to Reach ATHs?

Our expert panel forecasts that MATIC may surpass its ATH in around 2030, but the exact timing remains uncertain. However, insights gleaned from various analyses shed light on Polygon’s potential price trajectory. AMBCrypto’s analysis suggests that by 2030, Polygon could achieve an average trading price of around $1.27, indicating significant appreciation over time. This projection implies that Polygon may require several years to surpass its previous ATH.

Similarly, Coinpedia projection indicates that by 2030, Polygon could range from $1.45 to as high as $3.37, with an expected average price of $2.41. This suggests a multi-year timeline for Polygon to reach new ATHs. Additionally, the search results highlight Polygon’s appeal to Web 3 developers, suggesting sustained demand for the platform.

While Polygon’s potential for reaching new ATHs is promising, the exact timeline remains uncertain. Factors such as adoption rate, developer interest, and overall market conditions will influence Polygon’s price trajectory in the coming years. Investors should exercise patience, diligence, and prudence when navigating the cryptocurrency market.

Where to Store Polygon (MATIC) Safely

To securely store your Polygon (MATIC) tokens, exploring safe storage options like hardware and software wallets is essential. These cryptocurrency wallets offer varying levels of security and convenience tailored to your MATIC storage needs.

  • Best hardware wallet: Hardware wallets are physical devices designed to store your private keys offline and protect against online threats such as hacking and malware. Leading hardware wallet choices for MATIC storage include Ledger and Trezor. They boast robust security features like secure element-based private key storage, PIN protection, and backup and recovery options. Hardware wallet safeguards your assets from cyber risks and unauthorized access.

  • Best software wallet: Software wallets, also known as hot wallets, store cryptocurrencies on internet-connected devices. They offer convenience for frequent transactions and easy access to your MATIC tokens. Examples of software wallets suitable for MATIC storage include MetaMask, Trust Wallet, and MyEtherWallet. While software wallets are user-friendly for daily use, they are more susceptible to online threats than hardware wallets. To mitigate risks, adhering to security best practices like enabling two-factor authentication and maintaining device security when using software wallets for MATIC storage is crucial.

Current Crypto Prices

An influential factor impacting the crypto market dynamics is the ongoing macroeconomic environment. Consumer sentiment, inflation expectations, and geopolitical tensions substantially sway cryptocurrency performance. Investors closely monitor these factors to assess their potential implications for the crypto market.

Bitcoin (BTC) is a focal point for many investors amidst this volatility. Despite experiencing minor dips below critical support levels, BTC has demonstrated resilience, trading in the $60,000-$70,000 range for the past 30 days (at the time of writing). Discussion around the recent Bitcoin halving event, which reduced the block reward for miners, has also captured market attention. While past halving events haven’t consistently led to immediate price surges, investors are vigilant for any potential long-term impacts on Bitcoin’s price trajectory.

Ethereum (ETH) and various altcoins have displayed notable price movements, further contributing to the market’s dynamism. 

Is Polygon a Good Investment?

Thanks to its innovative solutions and expanding ecosystem, Polygon (MATIC) has captured considerable attention and investment interest. The cryptocurrency prioritizes scalability, developer adoption, and a thriving decentralized application (dApp) ecosystem. With backing from prominent venture capitalists and a dedication to Web3 advancement, Polygon exhibits strong potential for long-term growth and adoption. On the other hand, Polygon faces competition from Layer 2 solutions like Arbitrum and Optimism. While Polygon offers flexibility, Arbitrum and Optimism use zk-proofs, potentially offering better security. 

Frequently Asked Questions

A

CoinCodex predicts the MATIC coin to trade between $0.395315 and $3.00 in 2025. According to Changelly, MATIC may be worth around $0.6805.

A

At the time of writing, MATIC is trading at around $0.3757, with a market cap of $1.07 billion. For MATIC to reach $50, its market cap would need to increase by around 11,800 (around $496 billion), which is unrealistic in the short to medium term.

A

According to AMBCrypto, MATIC could go as high as $1.52 in 2030. Changelly sees a more bullish scenario for MATIC, predicting the coin to a hit a maximum price of $5.34.

A

For MATIC to reach $1000, its market capitalization would need to be over $9.9 trillion. This is an astronomical figure that exceeds the current market cap of Bitcoin and is unrealistic for a layer 2 scaling solution like Polygon.

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12 10, 2024

Good idea to consult a pharmacist before taking food supplements | News

By |2024-10-12T08:42:33+03:00October 12, 2024|Dietary Supplements News, News|0 Comments


Although various dietary supplements can be purchased even in grocery stores, pharmacists do not consider this a wise choice, as what works for one person may not work for another. Therefore, they recommend ignoring advertisements and consulting with experts instead.

The availability of dietary supplements has increased, with people able to buy them in grocery stores or even over the phone. Kristiina Sepp, a lecturer in pharmacy at the University of Tartu, does not consider this a good practice. “If a person is vulnerable, has a serious diagnosis, or in the case of the elderly, someone calls and promises that they’ll be moving around with ease by the next day, people tend to cling to these promises. When someone comes to the pharmacy with an advertisement for a supplement, we explain that it may not actually be helpful. This is part of our professional ethics,” she said on Vikerraadio’s program “Huvitaja.”

As autumn begins, discussions often arise about strengthening the immune system to stay healthy through the winter. Malle Kuum, a pharmacology researcher at the University of Tartu, noted that the immune system is capable of managing on its own. However, a person’s diet has a clear impact on their overall resilience.

Sepp pointed out that people often fail to accurately assess how diverse their diets actually are. “When asked in the pharmacy whether they eat a varied diet, people often respond affirmatively. However, it turns out that they may be eating multiple packs of cookies or an entire loaf of bread each day. That is not a balanced diet. My recommendation for preparing for the autumn season is to build a strong foundation in the summer by consuming a lot of superfoods, such as various berries,” she explained.

Sepp also observed a concerning trend in recent years: in addition to consuming monotonous diets, people – especially younger individuals and preschool children– tend to over-process their food. This includes preferring white flour over whole grain flour and overcooking or frying food. Many vitamins break down during the cooking process, meaning people do not get as much nutritional benefit from their food.

According to Kristiina Sepp, it’s important to remember that not everything you need can be obtained solely by eating fresh food. “You won’t get enough fiber just by eating a lot of raw carrots,” she explained.

Malle Kuum pointed out that vitamin C is a great example of a heat-sensitive vitamin. “When we eat apples or blackcurrants, we get vitamin C from them, but if we cook them into jam, the vitamin C is gone. So, it’s important to eat as much fresh or steamed food as possible,” Kuum said.

In Estonia, it’s recommended to take additional vitamin D during the winter months. Kuum mentioned that many people’s bodies can cope with slightly reduced levels of vitamin D, which may not meet Central European standards. “If we think about our grandparents, they managed without vitamin D supplements. They may have spent more time in the sun during the summer than people do now, but in reality, taking vitamin D supplements has only been a trend for the last 10-20 years. Before that, people managed just fine without it,” she explained.

Kristiina Sepp, however, holds a different view. She pointed out that more and more studies focusing on the role of vitamin D are being published in scientific literature. Still, she recommended that individuals should have their vitamin D levels tested and then decide how much to take based on the results. According to her, approximately nine out of ten people have vitamin D levels below the recommended norm.

Regarding general recommendations, Malle Kuum suggested that adults could take between 400 and 1,000 international units (IU) of vitamin D daily. “If you look at dietary supplement advertisements, they usually offer no less than 2,000 IU of vitamin D, and doses of 2,000 to 4,000 IU are typically prescribed for clinical reasons. We have patients for whom this is justified, but it’s not correct to start taking 4,000 IU year-round just because you saw an ad. That’s not right,” Kuum said.

“Vitamin D is a very useful vitamin. But if you take 4,000 IU year-round without clinical indication, the main effect will be on your wallet. Even at such a high dose, it’s not toxic to the body. The body essentially pushes it aside, in one end and out the other,” she added.

To stay healthy during the autumn and winter months, Kuum recommended resting, eating a balanced diet and staying active. If interested, one could also take additional vitamin C and vitamin D. “Since Estonia is in a region where we don’t get much selenium from food or water, it might be worth taking selenium and zinc supplements as well. It’s important to take things calmly and, if in doubt, consult a pharmacist. Don’t start browsing advertisements, as they might not provide reliable information,” she emphasized.

Kristiina Sepp added that there is no one-size-fits-all solution. “If your neighbor is taking something that works well for her, that doesn’t mean it will work for someone else. Or if someone has leftover supplements and another person decides to use their half-finished package, that’s not ideal. Every individual is different, and lifestyles vary,” she said.

Sepp also encouraged people to consult with a pharmacist, who is the most accessible healthcare professional. “If you have questions, write them down before going to the pharmacy and then ask the pharmacist,” she suggested.

—

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12 10, 2024

Bounces from weekly lows as ‘hammer’ hints reversal

By |2024-10-12T08:08:30+03:00October 12, 2024|Forex News, News|0 Comments

  • GBP/USD edges up after bottoming out at 1.3010, with a ‘hammer’ pattern signaling potential for further upside.
  • Clearing the October 10 high of 1.3093 and the 50-DMA at 1.3099 would open the door for buyers, with resistance at 1.3113 and 1.3134.
  • A failure to break 1.3100 could see sellers push the pair back toward the week’s low of 1.3010.

The Pound Sterling recovers some ground against the greenback as a ‘hammer’ emerges on the daily chart and rises above 1.3050, registering gains of over 0.15%. Goodish economic data in the UK sponsored the GBP/USD’s recovery as the economy grew around estimates. Nevertheless, a slightly hot Producer Price Index (PPI) report in the US capped the GBP’s gains.

GBP/USD Price Forecast: Technical outlook

The GBP/USD seems to have bottomed out after retreating from yearly highs of 1.3434 to a daily low of 1.3010 on October 10. A ‘hammer’ formation preceded by a downtrend hints that a reversal is possible.

Nevertheless, the pair should clear the October 10 high of 1.3093, immediately followed by the 50-day moving average (DMA) at 1.3099, so buyers could remain hopeful of higher exchange rates.

In that outcome, the GBP/USD next resistance would be the 1.3100 figure, followed by the October 8 high at 1.3113. On further strength, the next supply zone will be the October 7 weekly high of 1.3134.

Conversely, if GBP/USD fails to clear 1.3100, sellers could step in and push prices below the psychological 1.3050 level, driving the exchange rate toward the week’s lows at 1.3010.

From a momentum standpoint, the GBP/USD is barely biased, but the Relative Strength Index (RSI) has increased upwards during the last couple of days, opening the door for a leg-up.

GBP/USD Price Action – Daily Chart

British Pound PRICE Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Japanese Yen.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.14% -0.14% 0.45% 0.12% -0.13% -0.11% 0.12%
EUR 0.14%   -0.05% 0.54% 0.21% -0.00% -0.03% 0.20%
GBP 0.14% 0.05%   0.59% 0.26% 0.06% 0.02% 0.27%
JPY -0.45% -0.54% -0.59%   -0.33% -0.55% -0.57% -0.40%
CAD -0.12% -0.21% -0.26% 0.33%   -0.23% -0.24% 0.00%
AUD 0.13% 0.00% -0.06% 0.55% 0.23%   -0.04% 0.19%
NZD 0.11% 0.03% -0.02% 0.57% 0.24% 0.04%   0.25%
CHF -0.12% -0.20% -0.27% 0.40% -0.01% -0.19% -0.25%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

 

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