Lunar crush8/16/2023 ![]() ![]() There’s a lot being built out at the moment with specific updates coming out soon. What other utilities will require a connected wallet? Staking #Lunr in LunrFi requires a connected ZilPay wallet. Hold 2,000 Lunr in any connected wallet to unlock real-time insights and rewards. Swap cryptocurrencies across ten blockchains in your self-custodied wallet. LunarCrush allows for portfolio tracking across all connected wallets and tracks holdings across multiple blockchains in real time. What current utilities require you to be connected to LunarCrush? This change drastically streamlines the user experience of those utilities. LunarCrush will be building additional applications that all require a wallet connection in the coming months. In fact, LunarCrush even deletes any email of anyone that hasn’t logged into their account after 12 months. The change is also all about you, the user, owning your data, not LunarCrush. Again, this may happen as soon as later today.Īs part of an effort to fully embrace web3, there’s no more core utilities on that require an email login, yet all utilities now require a connected wallet. Web3 wallet connection is already completely built and ready to go.and it is awesome! Once Apple approves the new build in the App Store, it’ll be pushed live. They cannot log in with an email address, nor is there much of a reason to. Īll new users who sign up on will only be able to sign up for LunarCrush using a web3 wallet. You can even connect multiple wallets to your account and log in with any of them into the same account! Connect your wallets to. It's suggested to connect at least one web3 wallet to your account as soon as possible. You will be able to log in using email for a few weeks as the system transition fully to #web3 wallet connections. ![]() Short-term, log in the way you have been. I already have an account with an email sign in. No more email logins soon! Some details on the change… LunarCrush is retiring email logins and moving to web3 wallet connections as soon as later today. While bullish expectations were high, a rally is not necessarily guaranteed hence traders should still exercise caution in case of extended downside. It bounced by as much as 26% the last time it dipped into oversold territory. Judging by these findings, we can conclude that there was a prominent probability of a sizable bullish bounce. Its social dominance also registered its highest weekly peak in the last 24 hours, confirming that it was indeed receiving a lot of attention. A look at OP’s on-chain volume revealed that it has been growing towards the end of May, with its weekly peak in the last 24 hours. A bearish sign called a death cross forms when the 50-day MA crosses the 200-day MA from above. While the current expectations were bullish, traders should also note that OP’s 50-day moving average was approaching its 200-day moving average. In other words, the token was in a position that many would consider a potential buy zone. Its press time RSI position also underscored a bit of price-to-RSI divergence. ![]() This was possibly one of the reasons why the token was attracting visibility and attention. OP, at the time of writing, was oversold on both the Relative Strength Index (RSI) and Money Flow Index (MFI). The token maintained a bearish bias for the last four months during which it pushed into the oversold zone just once before in May. Source: Santimentīut why are these observations important especially since we are in a new month? Well, that largely has to do with its current price position. OP’s weighted sentiment registered a healthy bounce back after bottoming out between 27 and 28 May. It also reflected the improving investor sentiment as seen in the weighted sentiment metric. The LunarCrush observation may also indicate that investors were becoming more interested in OP. While this may not mean much in the grand scheme of things, it underscores the growing interest in the token. LunarCrush selected OP as the coin of the day in the last 24 hours. OP, at press time, was flashing bullish signs but will the bulls pull off a significant win? Let’s first look at the latest regarding the token. Is your portfolio green? Check out the Optimism Profit Calculator After that, it has mostly been bearish but what goes down will eventually go up. ![]() OP, the native token for Ethereum’s layer 2 network Optimism had a great start in January and at the start of February. OP curbs its downside after a resurgence of volume and is possibly headed for a pivot. While this may not mean much in the grand scheme of things, it did show that traders were interested in the token. OP was selected as the coin of the day on LunarCrush in the last 24 hours. A win for OP, but here’s why traders should remain cautious ![]()
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