In summary:
- Crypterium (CRPT) also suffered from the recent market crash falling from $0.30 to $0.11 in an instant.
- Recent news of the availability of Crypterium Crypto Debit cards might boost its utility.
- Crypterium also partnered with Link4Pay to improve crypto purchases.
- The general mood and feel in the crypto-verse is one of cautious optimism.
The last two weeks in the crypto-verse have generally eroded a year of gains for Bitcoin (BTC) and all other cryptocurrencies. For our favorite token of Crypterium (CRPT), the market downfall of the recent weeks have also inflicted considerable damage to its value. However, there are signs of recovery in the making.
Brief Technical Analysis of Crypterium (CRPT/USD)
Firstly, and checking the 4-hour CRPT/USD chart, we see that the current price of $0.20 is above the 50 (white) moving average. Also to note is the fact that the Volume profile (far right) indicates there is no notable resistances for the token till the $0.30 area. If current prices are maintained, the token will surely retest this level. The Bollinger Bands at this time frame are also narrowing indicating a major move might be brewing. Additionally, the Daily MACD is showing signs of crossing below the baseline.
Crypterium Crypto Debit Cards are Available, AGAIN!
Secondly, the highly anticipated Crypterium crypto debit cards are once again available to all crypto users across the globe in 180 countries. The cards had been unavailable for some time. The team made the announcement of the card availability on their website and stated:
It’s been several weeks since we started distributing the new Crypterium Card to the existing cardholders, but the wait was worthwhile. The new card version is finally ready for everyone to enjoy. And yes, there’s plenty of things you’ll love about it.
To order and use the Crypterium card, one must use the Crypterium app that uses CRPT as gas to power transactions. The utility of the token will drive up demand for CRPT and eventually its value.
Partnership with Link4Pay
Thirdly, Crypterium recently partnered with Link4Pay in a bid to improve crypto purchases. The latter company is an industry leader in payment solutions. This partnership also expands Crypterium’s reach to the Americas. The team went on to explain why Link4Pay was the right fit for the project.
One of the key advantages of Link4Pay is the possibility of controlling transaction flows more effectively, routing transactions between multiple acquirers depending on certain rules. This technical capabilities enable Crypterium to provide cryptocurrency purchases in more countries.
Crypterium plans on onboarding more partners with time in a bid to extend the reach of the project globally.
(Feature image courtesy of Xan Griffin on Unsplash.)
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Crypto Gazette or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.
