This Week’s Cryptocurrency Trade is ANKR which has a market cap of $345 million and is ranked number 97 on Coinmarketcap.

Ankr is a decentralized blockchain and is helping to drive the growth of the crypto economy through a number of multi-chain tools for Web3 users.

Through its comprehensive Ankr Build platform, this project provides blockchain developers with solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes used to access blockchain data and execute code, and tools like Ankr Scan to view on-chain information about blockchains.

Recently, ANKR broke up with strength, accompanied by hefty volume. That’s a strong sign, and with it, the stock price has also convincingly climbed above 8, 21, 35 and 55.

However, the high of $0.20 reached late last year is still miles away. Nevertheless, in my opinion there is enough strength in the market to lift the price to my first price target of $0.10. The second target is $0.20 with a stop-loss below $0.025.

PS) For our crypto portfolios, we have now included this coin in our portfolio.

The Cryptocurrency Trade of this Week is Mina Protocol (MINA)
which has a market cap of $388 million and is ranked number 81 on Coinmarketcap.

Mina Protocol is a so-called “succinct blockchain” built to curtail computational requirements to make DApps work more efficiently.

[Lees meer…] overCrypto Trade of the Week: Mina Protocol (MINA) with target $1.50

The Crypto Trade of the Week is BakeryToken with tickersymbol BAKE and which is ranked on coinmarketcap at number #126 and which has a marketcap of approximately $404 million. 

At the current level of approximately $2.4 we see a nice buying opportunity and with 100% upside potential. Full disclosure: For our Crypto Trading Portfolios, we recently bought this coin.

[Lees meer…] overCrypto Trade of the Week: BAKE with 100% profit potential