CyberConnect integrates with Plant Crossing, a fantasy metaverse for augmented reality mobile devices that uses a casual Pokémon GO gameplay. ccProfiles are now becoming a representation of the identity of users in the Plant Crossing ecosystem. The following CyberConnect features will be integrated in the future:  

- Publishing rare NFTs via ccProfile;

- Using the EssenceNFT CyberConnect protocol to represent in-game SBT/Badge;

- Users will be able to follow other players and visit their NFT exhibition using Connection - Follow.

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You can check the awards on the FanClub page in the Rewards section, and the seventh draw is already taking place.

📆 You can exchange points for tickets until 00:00 (UTC) on April 27, and the results will be published at 12:00 (UTC) on April 27.



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CyberConnect integrates with the Atem content creation protocol which uses ccProfile and EssenceNFTs content to create profiles and save content, and can also mint ccProfile on the AtemReview content sharing platform. All content created on AtemReview can also be distributed to applications integrated with the CyberConnect protocol.

In addition, an airdrop has been prepared for ccProfile owners.

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CyberConnect has published a list of Link3 Mystery Box winners, you can pick up your prizes tomorrow from 12:00 (UTC).

Link: https://docs.google.com/spreadsheets/d/1m9mGUuprZVp1UC-fFGTe54uOb59gnPbnp7fWYyKHav8/edit?usp=sharing

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CryptosHeadlines.com - The Leading Crypto Research Network

Bitcoin (BTC) and major cryptocurrencies like Ethereum (ETH) and Binance Coin (BNB) have faced price stagnation, with Bitcoin dropping below $26,000 and concerns rising about a potential retest at $24,000.

Over the past few weeks, the overall cryptocurrency market has experienced a decline in prices. Many traders and investors remain uncertain about Bitcoin’s future, as indicators measuring uncertainty, fear, and greed suggest a lack of consensus on bullish prospects.

Despite the significant price drop in the market, some top cryptocurrencies have defied the odds. CYBER, for instance, has surged by over 600% in just a few weeks, while others like TRB, ID, and NRM have shown similar strength, signaling positivity as a new week approaches.

Data from Coin360.com reveals that the cryptocurrency market is currently characterized by bearish trends, with only a select few top 5 cryptocurrencies (CYBER, SHIB, XRP, ADA, TRB) significantly outperforming Bitcoin and others.

Bitcoin Price Struggles and Bearish Trends

Bitcoin’s Attempted Rally: Bitcoin’s price surged to $28,200 as bulls tried to push it above the $28,500 resistance level. However, bears quickly pushed it below $27,400, suggesting the rally might not be genuine.

Bearish Dominance: Bears continued to exert control, driving the price below $26,500. Now, it appears the price may retest key levels at $24,000 or $23,700, which are areas where bulls might consider buying more Bitcoin.

Bearish Signals: Bitcoin currently trades below both the 50-day and 200-day Exponential Moving Averages (EMA), signaling a bearish sentiment. The $24,000 range is seen as an important level for bulls as it has shown strong demand in the past.

MACD and RSI Indicators: The Moving Average Convergence Divergence (MACD) on the daily timeframe indicates a bearish trend. However, the Relative Strength Index (RSI) suggests an oversold condition, raising the possibility of a potential trend reversal in the near future.

Ethereum Faces Bearish Pressure as Key Levels Break

Ethereum’s Price Struggles: Ethereum (ETH) has faced challenges in its price movement, with bears rejecting it around the $1,750 region. Currently, Ethereum trades below both its 50-day and 200-day Exponential Moving Averages (EMA), signaling a bearish sentiment for ETH bulls.

Bearish Scenarios for ETH: If Ethereum’s price falls below $1,600, it could open the door for bears to push it down to $1,500 or even $1,450. These levels appear to have more support against selling pressure.

Weekly Top 5 Cryptocurrencies

Amid the overall market slowdown, let’s explore the top 5 weekly cryptocurrencies (CYBER, SHIB, XRP, ADA, TRB) that have been outperforming Bitcoin and identify potential buying opportunities.

1. CYBER Price Analysis: A Top 5 Cryptocurrency to Watch

Impressive Gains: CYBER, a social network token, has become a major point of interest for traders and investors. In less than a week, the CYBER/USDT pair saw an astounding rally of over 600%, generating substantial profits for its holders. It has emerged as the top-performing cryptocurrency of the week.

Strong Support: After being listed on prominent exchanges, CYBER/USDT established a solid base support at $3.8. Breaking above its 50-day Exponential Moving Average (EMA) signaled bullish momentum, propelling the price to reach $16 before encountering slight resistance.

Growing Popularity: Onchain data reflects a significant surge in trading volume for CYBER, attracting traders and investors eager to participate in this emerging trend. CYBER is drawing comparisons to social tokens like Friend.tech and X (formerly Twitter).

Critical Support Level: To sustain its bullish trajectory, CYBER needs to maintain support above $7.1. This level aligns with a crucial support and demand zone, representing a 50% Fibonacci Retracement value (50% FIB Value). A breach of this level could signal bearish control, with potential buy orders likely at around $4.5.

Future Outlook: With CYBER gaining traction as a cryptocurrency sensation, it might revisit the $10.5-$11.7 price range. MACD and RSI indicators for CYBER/USDT suggest further bullish price action in the upcoming weeks, even amidst uncertainties surrounding Bitcoin.

Key Support Zone for CYBER/USDT: $7.1

Key Resistance Zone for CYBER/USDT: $16.8

MACD Trend: Bullish.

2. Shiba Inu (SHIB) Daily Price Analysis

Resilient SHIB: Shiba Inu (SHIB) has maintained its strength following a bearish downturn, starting from a high of $0.00001100, after a successful breakout from a bullish triangle.

Current Position: SHIB/USDT is trading just below its 50-day Exponential Moving Average (EMA) but remains above the 50% Fibonacci Retracement value (50% FIB value). This suggests that there’s still a chance for bulls to shift SHIB’s current trend into a bullish one.

Indicators: Despite bearish signals from the MACD and RSI daily trends, SHIB/USDT is trading above 32.8% of its FIB value, which corresponds to a support level at $0.00000730. This presents a potential entry point for long positions and for investors looking to buy into SHIB.

Bullish Potential: A potential bullish trend could emerge if SHIB/USDT rallies above $0.0000850, placing it above its 50-day EMA. Such a move might signify a resurgence of the SHIB community, potentially driving the price higher to a range between $0.00001100 and $0.00001200.

Key Support Zone for SHIB/USDT: $0.00000750

Key Resistance Zone for SHIB/USDT: $0.0000850

MACD Trend: Bearish

3. XRP Price Analysis: Top 5 Crypto to Watch

Mixed Signals: Despite increased on-chain activity and growing engagement in the XRP ecosystem, the path to $1 for XRP/USDT remains uncertain. In July 2023, XRP reached a high of $0.94 following news of its legal victory.

Post-Lawsuit Struggles: However, XRP faced rejection from a high of $0.93, and its legal win had limited impact on its price. The cryptocurrency has been range-bound for weeks, unable to break through the $0.55 resistance due to persistent bearish pressure.

Downtrend Potential: The daily price chart suggests that XRP/USDT might continue its downtrend towards the $0.45 region, which has historically served as a significant demand zone for traders and investors looking to accumulate more XRP.

Bearish Indicators: XRP/USDT currently trades below the 50-day moving average and the 23.6% Fibonacci retracement value (23.6% FIB Value), with the price experiencing nearly a 100% retracement from its initial surge to $0.94.

MACD and RSI Signals: Both the MACD and RSI indicators for XRP point to a bearish outlook, indicating that bears are in control and suggesting the possibility of further price declines in the days or weeks ahead.

Key Support Zone for XRP/USDT: $0.45

Key Resistance Zone for XRP/USDT: $0.55

MACD Trend: Bearish.

4. Tellor (TRB) Daily Price Analysis

Consistent Gains: Tellor (TRB) remains a strong performer with ongoing bullish price action as it heads into a new week. Although it hasn’t achieved a profit percentage of 100%, TRB/USDT continues to display positive price movement, setting its sights on $20.

Recent Struggles: In recent weeks, TRB/USDT encountered challenges in regaining bullish momentum, with bears pushing its price down to around $9. However, it rebounded strongly from this support level, surging to a high of $18.

Support and Resistance: TRB/USDT successfully reclaimed the 50-day Exponential Moving Average (EMA), which now acts as a supportive factor for its price. The next target is the $20 mark, but the price initially faced resistance around the 78.6% Fibonacci retracement value (78.6% FIB value).

Positive Signals: TRB/USDT currently trades above both the 50% Fibonacci retracement value (50% FIB value) and the 50-day EMA, signaling the potential for a more bullish price trend.

MACD and RSI Indicators: The MACD and RSI indicators for TRB suggest a bullish trend, indicating that bulls may seek additional opportunities to drive prices higher.

Key Support Zone for TRB/USDT: $13.6

Key Resistance Zone for TRB/USDT: $20

MACD Trend: Bullish

5. Cardano (ADA) Price Analysis: A Top 5 Crypto to Watch

ADA: The Bitcoin and Ethereum Competitor: Cardano (ADA) has been hailed as a potential rival to Bitcoin and Ethereum, thanks to its unique design and use case. However, ADA/USDT has struggled to live up to the high expectations.

Bearish Struggles: Despite reaching a peak of $0.45, ADA/USDT has faced significant pressure from bears. The price of ADA has plummeted from its yearly high of $0.45 to a yearly low of $0.255.

Current Situation: ADA/USDT is currently trading within a demand zone, where traders and investors are eyeing opportunities to accumulate ADA in the hopes of a swift price increase. A bullish rally from this zone could lead ADA to retest $0.28, which acts as resistance and aligns with the 50-day Exponential Moving Average (EMA).

Critical Support: To prevent further downward pressure from bears, ADA’s price must hold within this demand zone. If the bulls can maintain this level, there’s potential for a minor price rebound.

Key Support Zone for ADA/USDT: $0.280

Key Resistance Zone for ADA/USDT: $0.255

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Blockchain #Bitcoin #CryptoNews #cryptomarket #CyberConnect

CyberConnect V3 is a set of multi-scale protocol updates to provide users with a web2-like social networking experience.

In the coming weeks, CyberConnect will officially launch an updated social network for several L1 and L2 blockchains as part of a campaign with Link3 called CyberVoyage, which aims to integrate with various web3 ecosystems. More details will be available next week.