Month: June 2022

  • What is the RSI Meaning?

    What is the RSI Meaning?

    What is the RSI Meaning?

    An RSI is a relative strength index. This measure compares price changes between different timeframes. If the price changes are longer than the number of days in one candlestick, the relative strength index is higher and the trend is stronger. The formula used to calculate the RSI is outlined in the chart below. Once you know the formula, you can use it to determine when a stock is a good time to buy.

    RSI values are usually calculated using a 14-day timeframe. Many dedicated investment platforms will automatically calculate average gain and loss for you and help you place lines on your asset charts. It is best used in conjunction with other technical indicators, such as the stochastic oscillator, which helps traders gauge market sensitivity and make investment calls accordingly. If you’re still confused about the RSI, read on to learn more about its meaning.

    The RSI meaning is calculated using historical data from the past fourteen days. The high and low levels are 70 and 30, respectively. This timeframe is generally considered the most appropriate for technical analysis. It will fluctuate between 0 and 100. A reading of 70 or greater indicates overbought markets, while a reading below 30 is an indicator of an oversold market. RSI calculations require historical data of at least 14 days, including the previous four days. The high and low levels will be less frequent, but they are indicative of stronger momentum.

    The RSI uses the average gain or loss in an asset’s price over a 14-day period. The higher the number, the stronger the trend is. If the RSI goes negative, the price is in a correction. If the RSI rises, the corresponding negative value will decrease. In this way, the RSI will be lower than the average gain or loss, but a higher reading means more confidence.

    In addition to determining when a stock’s price is likely to go up or down, the RSI can also be used to identify a weakening trend. For example, if the RSI is unable to reach 70, the underlying price can make a new low without a confirmation from the RSI. In this case, you should be looking to take a short position on the security.

    The RSI is most effective when extreme readings are near the RSI boundaries. A reading near 100 indicates overbought conditions, while a reading below 30 signals a market that is oversold. However, if the reading rises above 70 or falls below thirty for an extended period of time, RSI trading signals will have more credibility. If the indicator rises above the 70 level, this means a price correction is imminent.

    The relative strength index (RSI) is an oscillator that measures the speed and magnitude of price changes. Using the RSI with other indicators can help traders determine when a stock is overbought or oversold. When it exceeds or dips below the 70 reference level, this signals a divergence in prices. Failure swings are another indicator that signals a trend reversal. However, they can occur during an uptrend.

  • Hiring a Crypto PR Agency

    Hiring a Crypto PR Agency

    Hiring a Crypto PR Agency

    If you’re considering hiring a crypto PR agency, there are some things you should look for. First, you need someone with a track record for success. The team at the agency should have knowledge of the crypto industry, and have connections with media and journalists. Lastly, they should be able to get your client some coverage. The media can help you raise your profile and increase the likelihood of a successful ICO or other crypto project.

    For instance, a PR agency should have experience in developing and implementing a crypto marketing plan. Because the crypto market is so competitive, it is crucial that you have a strong brand presence and establish authority in your niche. Today, there are thousands of new crypto projects hitting the platform, making it difficult for a blockchain technology start-up to establish a reputation. To be successful, the company must be able to earn the trust of potential investors.

    In addition to securing exposure for your brand, a crypto PR agency can help you create and distribute high-quality content in forums and social media. They will also help you maintain communications with your target clients. Once you’ve hired a crypto PR agency, you’ll be on the path to success. Your project is only as good as your team. By hiring a crypto PR agency, you can increase your visibility and reputation and make a great first impression.

    Another good cryptocurrency PR agency is Edelman. With more than 6,000 staff members and an impressive client list, Edelman is an excellent choice for a crypto project. The firm has worked with many of the biggest companies in the industry. Its experience with media, interviews, and brand journalism makes them an excellent choice for a crypto PR agency. It’s important to find an agency that has a proven track record in your field. You should also look for a crypto PR agency with a reputation for building strong brand identities and reputations.

    If you’re serious about getting your crypto project the exposure it deserves, you need to hire a reputable crypto PR agency. Not only can you trust them with the project, but they also put a high priority on the human element. You won’t regret hiring a team that puts the human element first. After all, no one likes to feel stressed and rushed. By hiring the right crypto PR agency, you’ll be well on your way to a successful launch.

    A well-established crypto PR agency can also secure coverage in mainstream media outlets and blockchain publications. They can secure brand coverage in podcasts and other crypto media, invite brands to conferences, and promote your product or service in reputable crypto publications. Using full-featured articles, interviews, and quotes, a cryptocurrency PR agency can help your brand gain exposure in mainstream media. This is important because mainstream media tend to focus on negative news. A crypto PR agency will be able to give a more balanced view of the space, while also helping promote the positive developments that are occurring in the industry.

  • 1inch Price Prediction For 2022 and 2026

    1inch Price Prediction For 2022 and 2026

    A bullish 1inch price prediction for 2022 is $7.87. On the other hand, a bearish one is $1.174 by 2026. One important thing to keep in mind is that the token’s network is constantly improving. That means that the price could stay stagnant for a long time. If we assume the future prices of 1inch will be favourable, the token may be worth as much as $6.47 in 2026.

    As cryptocurrency continues to make its way into the financial industry, compliance issues are bound to remain a hot topic. These new laws could further depress the price of 1inch. If we assume that the market will stabilize by the end of 2022, then the 1inch could make up some ground, finishing the year near $1.82. But before making a decision on how to invest in this crypto, make sure you read the 1inch price prediction and technical analysis thoroughly.

    One technical analysis indicator is the Keltner channel. This metric helps traders determine trend directions by measuring the volatility above and below the candlesticks. In 1INCH’s case, the Keltner channel indicates a bullish trend reversal. Additionally, if the 200-MA is above the 100-MA, it may mean that the price is about to hit $1.85, which would be a significant loss.

    Although the 1inch price has risen by 148{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} since its July lows, it is important to remember that this growth has only come recently. The price of 1inch is volatile and may fall or increase significantly in the years to come. The future of 1inch may be bright if the 1inch Network can continue to improve. In fact, we may be seeing this rise in the next two years! It is important to remember that investing in cryptocurrency is a personal process, and the price of 1inch is no exception.

    The 1inch price prediction for 2024 is not as bullish as some would think. The crypto market is entering a new era, and 1INCH will continue to gain popularity and attract major players in the crypto industry. WalletInvestor has predicted that it may reach $3.16 by 2022, but it may struggle to sustain this increase. In 2024, it is expected to hit $0.07 and fall to $2.4. However, it may be more conservative.

    The 1inch price prediction for 2022 is not entirely bullish. As mentioned, the coin started the year at $2.42, and it has since fallen to $0.92 at the time of writing. While 1inch has the potential to provide lucrative trading opportunities, long-term investors may be exposed to high risks. Currently, the coin ranks #145 on Coingecko, but that number can easily change. In the near future, 1inch could break the $7 mark, so keep an eye out for it.

    As mentioned above, 1inch is a decentralized exchange aggregator. It scours the top crypto exchanges to find the best conditions for trades. Its liquidity provider pool makes it a better choice than other DEX platforms. Additionally, the 1inch network embraced a Decentralized Autonomous Organization model that provides investors with significant control over the direction of the crypto currency. A bullish 1inch price prediction would be correct if the crypto market has no regulation.

  • What is Crypto Market Making?

    What is Crypto Market Making?

    What is Crypto Market Making?

    Crypto market making is a term used to describe the process of trading cryptocurrencies. It involves large institutions acting as market makers in order to maintain liquidity and generate profit in the financial markets. Market makers are responsible for maintaining an order book on the buy and sell sides, and can increase the liquidity in a low-trading market. These institutions use proprietary software to analyze the market and make informed decisions about price and trading volume. Generally, market makers commit to a constant bid-ask spread and a fixed quote size.

    To become a market maker, you need to have a substantial trading capital to make profitable trades. While traditional markets often provide market makers with credit lines, making trades in crypto requires accumulating the trading capital yourself. Moreover, you have to assume the risk of investing 100{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of your money. However, you can reduce the risk by limiting the trading volume to small transactions. This will enable you to make larger trades and earn more profits.

    To qualify for listing on a cryptocurrency exchange, a project needs to partner with a market maker. Market makers ensure that order trading takes place. This enables crypto exchanges to reduce the friction and costs of transacting. These market makers also aim to maintain an order book that is healthy and stable, minimizing volatility and increasing the stability of a token’s price. By collaborating with a market maker, token issuers can focus on their project instead of worrying about the complexities of the financial markets.

    A cryptocurrency market maker can also be accused of price manipulation, which is a crime in a regulated space. Besides erasing confidence in a traded asset, price manipulation can also result in severe losses for a good actor. Such actions can damage the reputation of the token and lead to expulsion from high-tier exchanges. This can also have devastating consequences for the company’s relationships with investors. So, it’s important to find a reliable market maker before entering into a deal.

    Many firms are making their way into the crypto market. Virtu Financial, a multi-billion dollar trading company, announced its entry into crypto market making during its second-quarter earnings. The company’s crypto market making grew by nearly double in size, compared to the first-quarter. Among the top crypto market makers in the world are GSR, Kraken, and Kairon Labs, based in Belgium. This lucrative industry is growing quickly, so finding a good job is crucial.

    Many companies that focus on the crypto market make hire from electronic trading firms or systematic hedge funds. For example, Enigma Securities and Wintermute Trading have recently hired Adam Roberts and Roy Tse from GAM systematic. While many recruiters are flocking to the crypto space, most firms require a minimum of three years of validated track records. And because the market is still young, there is a high demand for experienced traders. If you are interested in becoming a crypto market maker, there’s no better time than now.

     

  • Should North Carolina operate its Medicaid oral health program as fee-for-service or transition to managed care?

    Should North Carolina operate its Medicaid oral health program as fee-for-service or transition to managed care?

    By Anne Blythe

    As lawmakers ponder whether to expand Medicaid to add some 600,000 more people to the rolls, the North Carolina Oral Health Collaborative is looking at a different aspect of the federal- and state-sponsored insurance program.

    Nearly a year ago, North Carolina transformed its Medicaid program from a fee-for-service-based plan to a system managed by private insurers.

    The oral health portion of the program, however, was not part of the Medicaid transformation. It is still managed by the state.

    Zachary Brian, director of the North Carolina Oral Health Collaborative and vice president of impact, strategy and programs at the Foundation for Health Leadership and Innovation, said recently in a telephone interview that his organization has partnered with the North Carolina Institute of Medicine and The Duke Endowment to launch the Oral Health Transformation Initiative. (Disclosure: The Duke Endowment is a NC Health News sponsor).

    In July, a task force with members from diverse vantages in oral health care delivery will begin a year-long process in which members consider whether oral health care provided through Medicaid should remain a fee-for-service program or be overseen by private insurers.

    “The traditional fee-for-service payment system incentivizes costly, more invasive procedures,” Brian contended while announcing the joint initiative.

    “Nationally, we see a movement in remodeling our health care delivery system in many ways,” Michelle Ries, associate director of the North Carolina Institute of Medicine, added in the same video announcing the initiative. “As North Carolina has moved to managed care for primary health care and behavioral health services, we believe we owe it to the consumer and provider communities to thoroughly look at the current landscape for oral health and make recommendations based on an analysis of what other states are doing and lessons learned from the rollout of Medicaid managed care so far in North Carolina.”

    Whole-body care

    For too long, many public health advocates say, oral health care has been in a silo, of sorts, the mouth separated from the body. This is increasingly out of step with the systemic “whole-body” approach being advocated for more recently.

    A look into someone’s mouth can reveal evidence of heart disease, cancer, autoimmune syndromes, viruses, diabetes and gastrointestinal problems.

    Public health advocates say that integrating oral health care with primary care could not only make many communities and populations healthier but also reduce costs. People who do not have routine access to dental care often end up in emergency rooms with toothaches or infections in the oral cavity. Those visits can be far more costly for the patient, the provider and the insurer.

    Many communities in North Carolina face challenges accessing “optimal oral health care,” according to the Oral Health Collaborative.

    Four counties in North Carolina do not have a regularly practicing dentist, according to data collected from 2020 by the Cecil G. Sheps Center for Health Services Research. They’re in the northeastern tip of the state — Camden, Gates, Hyde and Tyrrell counties.

    Will more dentists participate?

    The collaborative says roughly 35 percent of the dentists in North Carolina participate in Medicaid or the Children’s Health Insurance Program, or CHIP as it’s often called.

    Dave Richard, head of Medicaid at the state Department of Health and Human Services, said his office puts that number closer to 40 percent. 

    Nonetheless, that number can pose a challenge for children and adults in need of care, often in the state’s rural reaches, public health care advocates note. Only 18 percent of adult Medicaid recipients in North Carolina use the dental care option, according to the collaborative’s statistics.

    Richard said that in 2021, the state’s fee-for-service Medicaid oral health program paid $24 million in claims for children in the CHIP program. The program paid $300 million for children ages 6 to 20 in the Medicaid program, and $104 million for adults 21 and older.

    Richard took no stance on whether it would be better to shift the oral health program to managed care or keep it as a fee-for-service program.

    Instead, he posed several questions.

    “What value add would you bring if you move to managed care?” Richard asked. He also wondered whether the state would lose or gain more dentists through such a shift.

    That’s what the task force plans to study over the next year with hopes of delivering a report and potential series of recommendations for a reimagined oral health care system. Their goal is to get something that policymakers and lawmakers can have to review in time to decide whether the state should make the shift before the next contracts are negotiated in 2024.

    “So often we don’t have the opportunity to really slow down and take a year, 18 months and dig in and engage with other states and engage with experts and really bring people to the table,” Stacy Warren, program officer for The Duke Endowment, said when the initiative was announced. 

    “We can’t just fund a lot of programs,” she said, although she said that’s actually happening. “We fund school-based oral health programs. We fund medical-dental integration programs, but what we’ve learned and the North Carolina Oral Health Collaborative has certainly helped teach us this over the years, is that these programs can’t exist successfully in isolation of true systems change.”

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  • Erie County Department of Health Provides COVID-19 Public Health Update

    Erie County Department of Health Provides COVID-19 Public Health Update

    Covid-19 Pandemic Coverage

    Erie, PA — Erie County Department of Health provides a public health update on COVID-19. The community is welcome to contact the Erie County Department of Health for guidance. For details on how to stay up to date on vaccines and boosters, isolation and quarantine, preventing spread of COVID-19 in business establishments and events, and other information, contact [email protected] or 814-451-6700 or fill out the online Community Form at Eriecountypa.gov/covid-19/.

    Cases and data

    In the past week, June 6 Monday to 12 Sunday,

    ·       There were 369 cases reported, with a daily average of 53 cases.

    ·       There were 7 deaths reported, with dates of death from May 19 to 30, increasing the total death count to 815.

    ·       Among the reported 7 deaths, 1 was unvaccinated. This increases the total unvaccinated death count to 659, which is 81{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of the total deaths (815).

    The number of vaccinations and boosters administered from June 6 to 12 was 242. This increases the total number of vaccinations and boosters to 182,922.

    The current breakdown of vaccination status of the population is the following:

    Persons Of eligible population Of total population
    Partially vaccinated 9.2{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} 8.7{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Fully vaccinated 62.5{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} 59.1{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Received first booster 31.7{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} 30.0{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Received second booster 5.7{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} 5.4{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}

    As of June 12, among the total reported in deaths in Erie County, the breakdown by vaccination status and age range is as follows:

    Reported Deaths Ages0-49 Ages50-64 Ages65 & older Sub-total Percentage breakdown
    Not vaccinated 31 92 536 659 81{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Partially vaccinated 0 4 30 34 4{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Fully vaccinated without a booster 2 17 74 93 11{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Additional dose/booster 0 3 26 29 3{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}
    Total 815 815 100{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}

    Related reference at https://covid.cdc.gov/covid-data-tracker/#rates-by-vaccine-status

    Information on cases and deaths in Erie County and other data such as reports on vaccination demographics can be found at the Erie County Government website https://eriecountypa.gov/covid-19/positive-cases-in-erie-county/. Latest recommendations and related data is also available at the websites of

    ·       Pennsylvania Department of Health health.pa.gov/topics/disease/coronavirus/Pages/Cases.aspx

    ·       Centers for Disease Control and Prevention (CDC) covid.cdc.gov/covid-data-tracker/#county-view

    Benefit of vaccination and boosters

    The benefit of staying up to date on vaccination and boosters, even for those who have had COVID-19, is that it helps the body prevent severe illness and lessens the likelihood of needing hospitalization. If having concerns or questions about vaccines, approach healthcare professionals or contact the Erie County Department of Health at 814-451-6700 for facts and answers.

    Boosters extend the effectiveness of vaccines against COVID-19 and help protect against variants. Based on data from Erie County, those who are boosted are:

    ·       7 times less like to be infected with COVID-19

    ·       14 times less likely to die from COVID-19

    Free vaccines and boosters are available for residents of Erie County ages 5 years and older. For list of local vaccination sites, visit eriecountypa.gov/covid-19/covid-19-vaccine.

    To find vaccines and boosters in other nearby locations text ZIP Code to 438829, visit vaccines.gov or call 1-800-232-0233

    Importance of testing

    Community members, vaccinated or unvaccinated, are recommended to get tested for COVID-19 if they have been exposed to anyone who has COVID-19 or if they have symptoms such as sore throat, coughing, upper respiratory congestion, difficulty breathing, fever or chills, muscle or body aches, vomiting or diarrhea, or loss of taste or smell. Testing results can help determine appropriate care and treatment if needed.

    Community members using home test kits who have questions or need guidance can call 814-451-6700.

    For list of local sites offering free testing, visit eriecountypa.gov/covid-19/covid-19-testing-information.

    Preventing spread

    According to the COVID-19 Community Levels guidelines of the Centers for Disease Control and Prevention (CDC), which is updated weekly, Erie County is now currently at medium risk.

    At this level, recommendations for preventing the spread of COVID-19 include the following:

    ·       Stay up to date with COVID-19 vaccine and booster doses, for 5 years and older, including those who are pregnant and plan on becoming pregnant. This means getting all recommended primary and booster doses when eligible.

    ·       Anyone may choose to mask at any time, regardless of vaccination status.

    ·       If you are (or live, work or have contact with someone who is) at high risk for severe illness or have a weak immune system, consider masking indoors and rapid testing before gatherings.

    ·       Get tested if you have symptoms or have been exposed to COVID-19.

    ·       Wear a mask if you have symptoms, positive test results, or have been exposed to COVID-19.

    ·       Stay home while waiting for test results. If you have positive test results, even if you don’t have symptoms, stay home and apart from others in your home and, if possible, use a separate bathroom; inform your close contacts to stay home and get tested.

    ·       Maintain improved ventilation throughout indoor spaces when possible.