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Polkadot’s DOT formed a support level around the $6.40 mark after bottoming in June. The altcoin retested this foothold several times within the past few weeks. Another retest appeared this week, but the support presented weakness signals this time. July 12 sessions saw DOT dipping towards the $6.26 lows after breaching a support line. That … Read more
Early June sessions saw the leading altcoin falling below the demand zone of $1,700, and Ethereum has no immediate recovery plans. ETH has held the support band of $1,000 within the previous month, whereas it failed to overcome the resistance zone at $1,300. ETH Ranges Between $1K and $1.2K Though Ethereum appeared to form a … Read more
Ethereum core developers concluded the 142nd ACD (All Core Developers call on July 8. The conference discussed topics regarding the Merge mainnet and other crucial network updates. Christine Kim of Galaxy Digital and Tim Beiko (Core Developer) released the meeting reports. The recaps offer varying views on the call. The perspectives remain crucial insights into … Read more
Briefly- ADA price analysis reveals a bullish bias. Cardano’s resistance stands at $0.486. Support lies at $0.453. Cardano explores bullish trends today. ADA bulls have triggered a substantial recovery following yesterday’s lead. For now, the alt eyes break past the resistance of $0.464. Meanwhile, ADA/USD has revived towards $0.465, with bulls trying to erase bearish … Read more
Ethereum (ETH) continued to cheer high dominance over other alts, and miners confirmed that too. Ether miners earned over $3B more than their BTC peers in 2021. However, the optimistic tale around Ether miners saw a massive hit this year. Why the Revenue Plunge First and foremost, the Ethereum community awaits the Merge upgrade. Meanwhile, … Read more
The latest plummets frim $0.63 saw Cardano on a downward channel correction on its daily chart. Meanwhile, the 50 exponential moving average collaborated with ADA’s horizontal resistance to catalyze this decline. Cardano’s broader outlook would likely lean to selling in the upcoming days. Buyers should step up around the nearest support floor to avoid stretched … Read more
Bitcoin’s price drop on June 28 was crucial for the leading cryptocurrency. The move erased all bullish upticks recorded within the previous week and sent the bellwether crypto back to the Three Arrows Capital slump valuations. However, does that imply a slight slump or severe pullbacks? Bitcoin Action While publishing this content, Bitcoin hovered at … Read more
Dogecoin responded with a massive upside after Elon Musk emphasized his DOGE support last week. The original meme coin gained over 35% within a week, following impressive buying by enthusiasts. DOGE saw its price climbing to $0.077 from $0.051. Surprisingly, the canine-themed crypto has witnessed colossal trading volume within the past 24 hours, which triggered … Read more
Cryptocurrencies and technology stocks remain vulnerable as the Fed Reserve decreases its nearly $9 trillion balance sheet. Leading banks from Europe to Canada plan to test global markets as they adopt a hawkish stance by US regulators on a mission to loosen the epidemic bond-purchasing passion. According to popular comments by 687 participants on the … Read more
Metaverse tokens such as Theta Network (THETA) and Stacks (STX) might lose their glory to Chronoly (CRNO), a new project in the space. STX and THETA witnessed massive bearishness following the latest crypto market fall. Though recoveries showcase, they aren’t strong. That had investors looking for alternatives. For that reason, we dived into the market … Read more
Ethereum rose above the $1.94K resistance level in terms of the US Dollar. ETH has even increased beyond $2K. It suggests that there could be an extension of the gains in the nearest future. Over the $1.92K and $1.94K marks, ETH started a recovery wave. Currently, the ETH price is trading higher than $1,920 and … Read more
Binance said last week that it’d list the newly released LUNA coin after a successful airdrop. There’s an innovation zone at Binance for tokens with a high degree of risk, but this one isn’t one of them. On 31st May, traders will be able to trade the tokens. The LUNA 2.0 price fell by 80% … Read more