Market Capitalization: $400,759,945
Range: 86
RSR is the native token of the Reserve Protocol. It was launched in 2019 with the long-term goal of having a stable, decentralized and universal currency that is also resistant to inflation without being directly related to fiduciary currencies. This can be done by generating a pool of tokenized assets, which back the coin.
Reserve Protocol representatives have announced that they will begin the protocol launch in October, with the mainnet launch estimated for the 10th of this month. Through your DApp, you can create the RTokens. In technical terms, $RSR has broken a resistance on September 23 and since then the coin has not stopped growing in value. The next major resistance would be at the price of $0.012.
Theta Network (THETA)
Price: $1.07
Market Capitalization $1,065,844,430
Range: 46
THETA is a network developed and created for video streaming launched in 2019. The main function of its native token is governance. It has another reward token called TFUEL which is aimed at streamers who are part of the project. The goal is to decentralize streaming by generating an efficient and cost-effective synergy for both content creators and customers.
It is estimated that the Theta Mainnet 4.0 will be launched within the first week of October. This would be the last step prior to the official launch scheduled for December 1.
In technical terms, $THETA has been trading above $1.10 USD since May of this year. But on September 20 a support has been broken. The next movements that occur with this token will define the new trend that it can adopt.
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Litecoin (LTC)
Price: $53.00
Market Capitalization: $3,780,246,653
Rank: 21
LItecoin (LTC) is one of the cryptocurrencies with the longest history, it was launched on October 7, 2011. Its creation was based on the Bitcoin protocol. However, it differs in its “hashing” algorithm (it is the creation of a sequence of characters (hash) used in a mathematical function; said sequence is characterized by being extremely secure), transaction times and total emission. Various improvements have been released over the years, the most recent being the so-called MimbleWinble testnet, released in 2020. This improvement was aimed at strengthening confidentiality and security for users. On October 22 and 23, the Annual Litecoin Summit will take place in Las Vegas.
Finally, in technical terms, between July 29 and September 13, $LTC maintained a figure known as a triple top below the value of $64, thus marking a horizontal resistance. And, on September 19, LTC hit support at $52 and bounced back. Today it trades within the range of $52 and $64.
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Crypto & Financial Analyst at N&W Professional Traders
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
