VIVO is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. CoinCarp does not currently have price data for VIVO as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once VIVO is live on an exchange, CoinCarp will provide real-time VIVO coin prices from different exchanges. 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. If the VIVO price moves above any of these averages, it is generally seen as a bullish sign for VIVO.
Meanwhile, sales of mined bitcoin have dropped to around 80% in the fourth quarter, as miners tend to hold larger quantities of the token as its price rises. Continued drivers included bitcoin’s continued dominance of the crypto space and increased token hoarding by miners, Standard Chartered head of FX research Geoff Kendrick wrote. Easing monetary policy should be more a bullish tailwind for digital assets, as investors typically pull back from riskier investments when interest rates climb. Elsewhere, European Central Bank (ECB) president Christine Lagarde, which has led the ECB in trials of its own digital euro CBDC, has warned more must be done to control the flow of digital currencies such as bitcoin, ethereum and XRP. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the VIVO price. The table above shows the number of days which VIVO closed above a certain price level.
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. The current VIVO sentiment is bearish according to our technical analysis.
An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The investors’ stake will consist entirely of token warrants, rather than equity in the company, he added. A common fundraising mechanism for crypto companies, these warrants entitle investors to a portion of the total supply of a yet-to-be-launched vivo crypto price cryptocurrency. Reecer declined to comment on the name of Wormhole’s token—plans for which have not been previously reported—or when it will go live. In fact, bitcoin’s share of digital asset market cap has jumped to around 50% from 45% in April, adding over $10,000 to its price, he said. The bounce has ignited broader interest in the crypto space sooner than anticipated.
VIVO Price Forecast Based on Technical Analysis
Before making financial investment decisions, do consult your financial advisor. Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project. These are the project’s quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project. Jump Crypto, one of the biggest names in crypto venture capital and market making, immediately stepped in to backfill the lost funds.
These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of VIVO. The market capitalization of VIVO can change significantly in a short period of time. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges.
- China has rocketed into the lead of countries developing bitcoin and crypto-inspired digital currencies in recent years—amid fears U.S. dollar hegemony could be collapsing.
- The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.
- The ETFs would bring fresh capital into bitcoin, as they would allow traditional brokerage accounts access to the cryptocurrency.
- If the VIVO price moves above any of these averages, it is generally seen as a bullish sign for VIVO.
Falling Treasury yields can further propel bitcoin, given that crypto tends to be a very long-term trade, Kendrick added. The 30-year yield has dropped to 4.60% from last month’s high of 5.17%. „Going forward, then, we expect digital assets‘ rising overall market cap to be a bigger driver of BTC price upside than a continued rise in BTC dominance within the space,“ Kendrick wrote.
VIVO Price Chart
In 2017, she joined forces with Fabio Galdi, and together they created the first decentralized health data-based blockchain — Vyvo Smart Chain. Vyvo Smart Chain is a HealthFi ecosystem that promotes and rewards positive lifestyle habits through health data monetization. The network runs on a validation protocol called Proof-of-Sensing (PoSe), which aims to give users full privacy, complete decentralization, and access to monetization of their personal health data. Since then, the firm reportedly has stepped back from crypto trading in the U.S. as well as ending its relationship with Robinhood, the online stock brokerage that also lets users buy and sell crypto. In addition to the $225 million raise, the team behind Wormhole announced the formation of the new company Wormhole Labs, which will help develop the protocol. Badreg declined to disclose how much of the $225 million will be split between Wormhole Labs and Wormhole Foundation, another entity created in 2021 to encourage developers to use the protocol.
VIVO Price Live Data
In a parched fundraising landscape, the team behind Wormhole, the messaging protocol that lets developers communicate across different blockchains, has secured a mammoth raise. Acctual has raised $3.85 million in seed funding at a $15 million post-money valuation to help crypto startups manage their money, the company’s co-founder and CEO Atikh Bana exclusively told TechCrunch. Bitcoin has already soared 130% in 2023, and the bullish price outlook represents additional gains of more than 160%. Bitcoin has more than doubled this year and is still set to more than double again to $100,000 by late next year, Standard Chartered said Tuesday.
In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, VIVO’s circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of VIVO 5 years from now. The VIVO price prediction on CoinCodex is calculated using the historical VIVO price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic VIVO prediction.
Another bullish event on the horizon is the April 2024 halving, which is when the amount of bitcoin produced via mining is cut in half. Currently, the VIVO Fear & Greed Index stands at 74, which means that investors’ sentiment is in the so-called Greed zone. To get a better idea of what could happen to the VIVO price in the future, it’s helpful to also explore VIVO’s price history. FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. This website is using a security service to protect itself from online attacks.
The ETFs would bring fresh capital into bitcoin, as they would allow traditional brokerage accounts access to the cryptocurrency. New supply will also be diminished by next April’s bitcoin halving, a recurring event that reduces the amount of tokens awarded for mining. The bitcoin price surge since 2017 and Meta’s failed Facebook digital currency project has propelled interest in so-called central bank digital currencies (CBDCs) (while nation-state bitcoin adoption could happen „sooner than you think“). The 200-day SMA is calculated by taking VIVO’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency.
VIVO traders use a variety of tools to try and determine the direction in which the VIVO market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the VIVO price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime. Vivo is an advanced, decentralized and secure digital currency, an enhanced further development of Dash, featuring the masternode technology, near-instant & secure payments, and superior anonymous transactions.
The note declared that „Crypto spring has sprung“ and reiterated a forecast first made in April, when analysts said the leading cryptocurrency would reach the six-figure level by the end of 2024. Crypto traders are also still hoping to see the Securities and Exchange Commission approve a spot bitcoin exchange-traded fund. Institutional players including Fidelity and BlackRock have lined up for the regulatory greenlight, while Grayscale earlier this year won a key legal battle against the SEC.