In the constantly evolving crypto market, different coins witness a variety of activities around their communities. While technical analysis of Stellar suggests a possible increase in value in the near future and Uniswap sees an optimistic price movement, Pushd enters the crypto space with an innovative platform that revolutionizes the retail sector.
While traditional e-commerce platforms face different challenges, Pushd aims to solve all those challenges, making selling and buying more convenient for users. Meanwhile, Pushd e-commerce aims to disrupt online retail and outshine eBay with support from both Stellar and Uniswap communities.
Technical Analysis For Stellar
After a steady upward trend, Stellar was rejected at approximately $0.1365 versus the US dollar. As a result, Stellar’s price tested the $0.115 region and fell below the $0.12 support level. An upswing could happen if Stellar successfully breaks over the $0.12 resistance zone. Furthermore, once Stellar touches the daily high above the $0.114 resistance level, it is probably going to cross above the 9-day and 21-day moving averages.
Stellar is currently trading at $0.1157, up more than 6% over the previous seven days. But after the most recent recovery, Stellar is probably going to climb closer to the channel’s upper edge to intensify the bullish momentum. However, Stellar may likely touch the resistance levels of $0.150, $0.160, and $0.170 to push the price higher if the bulls in the market start an upward trend.
Analyzing Uniswap’s Direction
If a whale’s recent behaviour is any indication, Uniswap may see a significant upswing in value in the upcoming weeks. For the first time, a whale reportedly removed his Uniswap holdings from Binance, according to Spot On Chain. There were 121,871 tokens in all, worth $954,000. The participant’s withdrawal of Uniswap tokens from the exchange suggested that they have no intention of selling them anytime soon. This was a hint for optimistic price action.
A few weeks prior, Uniswap had a sharp decline following the public disclosure by the U.S. SEC that it may file a lawsuit against Uniswap Labs, the company responsible for the token’s development. Around the token, this news created FUD (Fear, Uncertainty, and Doubt). Aside from that, Uniswap’s cost dropped to $5.86. Nonetheless, the cryptocurrency’s value has grown by 7.37% during the past seven days, with a market value of $8.
Pushd E-Commerce to Disrupt Online Retail
Pushd is poised to revolutionize the online marketplace by addressing the common challenges sellers and buyers face on platforms like eBay and Amazon. Additionally, buyers are subjected to rigorous Know Your Customer (KYC) processes, and sellers may experience delays in receiving funds. PayPal holds payments for up to 90 days post-transaction. Users can buy, sell, and auction goods instantly using crypto without undergoing KYC checks.
Unlike traditional marketplaces, Pushd boasts considerably lower fees, with instant deposits and withdrawals eliminating the need to wait for funds for several days. Presale investors not only benefit from the potential for significant gains but also earn a revenue share of platform fees proportional to their token holdings. Pushd tokens, now in Stage 6 of their presale and priced attractively at $0.144 per token, offer a compelling investment opportunity.
Find out more about the Pushd presale by visiting the website here
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