And, with DOT trading at a 66% discount to its all-time high, this digital asset may be poised for a bull run in 2022. Seesaw Protocol’s team is committed to building the best crypto community possible, and one way they are doing so is by adding a fee to each transaction. Each purchase of SSW is subject to a 3% fee, and each sale is subject to a 5% fee. This is advantageous for holders, as the fees are redistributed among existing holders of SSW, meaning the longer you hold the more tokens you’ll have. This may also help stabilise the cryptocurrency by encouraging people to buy and hold rather than sell, thereby reducing volatility. As the name suggests, a moving average provides the average closing price for SSW over a selected time frame, which is divided into a number of periods of the same length.

The continual rise in its price illustrates the ease people now have in buying the token. During the pre-sale, the price of SSW token increased from $0.005 to over $0.025; ‘paper PnL’ for ‘early birds’ therefore eclipsed 400 percent. However, the studio does plan long-term investment in The Callisto Protocol. Striking Distance Studios discussed plans for The Callisto Protocol DLC … From the initial $0.005 price per coin during January, the current price stands at approximately $0.132. The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3.

The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average . The Seesaw protocol is listed on multiple exchanges such as PancakeSwap and Uniswap.

No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the SSW price. This website is using a security service to protect itself from online attacks.

It currently runs on the BNB Chain with plans to also run on the Ethereum and Polygon blockchains. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.

What is the current Seesaw sentiment?

ETH is a platform for several other cryptocurrencies and decentralised smart contracts. Cryptocurrencies are becoming more widely accepted within traditional finance with firms such as JP Morgan and Deloitte investing heavily. With the need for faster, cheaper and cross-chain transactions, Seesaw Protocol looks perfectly poised to challenge the top three and generate huge value for holders. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA.

As a result, Seesaw Protocol offers more utility than Ethereum and has plenty of room for growth, making it the hottest pick for huge returns in 2022. Most traders use candlestick charts, as they provide more information than a simple line chart. As for now, how the tokens will behave in the future, only time will tell. On the bright side, their current market price makes them an ideal entry point into the crypto market.

SEESAWPROTOCOL

Seesaw Finance provides a full list of the services needed for users, who would like to manage crypto assets on the most popular blockchains and p2p exchanging services in a decentralized and open way. After beginning the presale launch with a price of $0.05, SSW has grown impressively to a value of $0.17456, at this time of writing. SSW holders earn a 3% bonus on each transaction confirmed on the blockchain so by holding SSW tokens, holders can earn extra tokens. Yes, such a reason is a critical Red Flag for investors, yet on the other hand, it is being featured by numerous noteworthy media platforms. Again, the latter is simply the effect of SSW marketing itself along with other popular cryptos like DOGE, XLM, etc. The SSW Tokens are a gateway to developing bridges between various blockchains, DeFi platforms, and swapping governance tokens.

Parallelly, the utility cryptocurrencies that currently exist are usually linked to DeFi Projects like Crypto Games or Metaverse. The holders of such tokens can use them to buy in-game items or acquire them by trading their in-game items. This means Seesaw Protocol has the potential to revolutionise DeFi projects. DeFi’s have quickly gained prominence as one of the most significant trends in the world of cryptocurrencies. The Seesaw death cross happens when Seesaw’s 50-day SMA falls below the 200-day SMA.

Seesaw Protocol (SSW) – News Anyway

For example, a 12-day simple moving average for SSW is a sum of SSW’s closing prices over the last 12 days which is then divided by 12. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions, news, and historical data for Bitcoin and thousands of altcoins. New Cryptocurrency Newest crypto coins and tokens added to CoinCheckup.Popular Cryptocurrencies Trending crypto tokens and coins on CoinCheckup.

• The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.
• 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.
• This caught the attention of the crypto community, and that’s why both projects are placed in the top 23 cryptocurrencies in the world, according to data from CoinMarketCap.
• The chart is divided into “candles” that give us information about Seesaw’s price action in 1-hour chunks.
• We are always a trusted platform providing readers with an overview of the crypto market and blockchain globally.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Seesaw Protocol is the crypto that everyone is talking about because it has had almost a 2250% increase in value since it began in mid-January 2022. The revolutionary crypto has a very powerful vision and arguably, this could be a big part of the crypto’s early success. It aims to educate and invest in the younger generation, in order to teach them how to use the Metaverse’s up-and-coming technology.

Importance of SSW Protocol

Set base price for the SSW tokens was $0.005 with a 3% buy tax for allowing the above-mentioned cryptocurrency purchases. The constituents of buy tax include 1% for token distribution, 1% for LP acquisition, and 1% for marketing tax. A transaction on the Ethereum blockchain can take six minutes to complete and the transaction fees (referred to as “gas” fees) are extremely high.

Presently, the project mentions that its holders can use the SSW Tokens on blockchains like Binance Smart Chain , Ethereum , Polygon , etc. The king of all cryptocurrencies, Bitcoin , is being challenged for dominance. In 2021, the price of Ethereum went up 408% and is looking to rival Bitcoin because it has faster transactions and a lot of decentralised apps , which are programmes that run on blockchains. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition.

Seesaw Protocol is still just beginning to break into the cryptosphere, offering an excellent opportunity to buy from the ground up and get in before the next gold rush. As this cryptocurrency becomes increasingly adopted and is listed on various exchanges such as PancakeSwap and Uniswap, its value could surge. When trying to make a Seesaw forecast, many traders also try to monitor the activity of SSW “whales”, which are entities and individuals that control large amounts of SSW. Since the Seesaw market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Seesaw’s price movements. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Seesaw or not.

What is the Seesaw death cross and golden cross?

The latter aspect eliminates the need for owning more than one type of crypto wallet as well as prevents maintaining them separately. Typically, performing transactions on other blockchains with a different cryptocurrency requires using a cryptocurrency exchange platform. Naturally, the DEX platforms demand a crypto conversion or exchange fee which can cost astronomically for transactions of higher value.

People who were stuck at home for months on end, either working from home or on furlough, had time to study the ever-growing industry that is cryptocurrency. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

Seesaw Protocol (SSW) hurls towards its launch

This enables holders to enter into multi-chain swaps at the most affordable and advantageous rates possible by using a variety of solutions. Seesaw Protocol never left the “high ranks” – Despite other cryptocurrencies suffering and swinging since the start of the year, SSW has constantly remained in an upward trajectory. SSW is offering pre-sale token purchases without offering a proof of concept.

Seesaw Protocol’s presale price has already increased from $0.005 to $0.016, meaning that holders have already profited by 300%, in under 2 weeks. Due to the fact that holders are unable to sell during the presale, the price can only continue to rise until launch. Allegedly based in Switzerland, the SSW protocol can revolutionize the https://xcritical.com/ crypto market in multiple ways, starting with unifying it exclusively. With such strong positives, investors would naturally want to bank on the opportunity of acquiring them, raising their value all the more. The SeeSaw Protocol is a type of utility cryptocurrency that allows its holders to use them on other crypto blockchains.

Polkadot ranks 18th biggest cryptocurrency globally, with a market cap of over $10 billion, according to data from CoinMarketCap. Voted by the community, Seesaw Protocol will vest its tokens for two weeks before airdropping them to holders via their BSC wallet to protect the token’s liquidity. Seesaw Protocol has remained true to its objectives, and it’s been rewarded with a hugely successful presale and booming start to its life on the cryptocurrency market. Currently, the codebase and smart contracts design of Seesaw Protocol are undergoing a third-party security audit. High-profile blockchain-focused cybersecurity auditor CertiK was chosen as a partner for this.

The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Many cryptocurrency traders pay close attention to the markets when the current Seesaw price crosses an important moving average like the 200-day SMA. Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains.

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UpdateTrader is here to bring the top news source about crypto, Bitcoin, Etherium, Litecoin, blockchain, mining, updates, price predictions, and more. We are always a trusted platform providing readers with an overview of the crypto market and blockchain globally. Tron, which has more than 50 million users as of August this year, includes a seesaw crypto number of features to help with this. However, Ethereum is starting to face serious challenges as it is becoming slower and expensive due to congestion on its outdated network. A new cryptocurrency called Seesaw Protocol is aiming to solve this problem by bridging mainstream blockchains and offering cheap and fast transactions between them.