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Briefly – Dogecoin price reveals bullishness today. DOGE/USD ready to extend higher. The meme coin has a support level of $0.502. Dogecoin’s price outlook paints a bullish picture today and seems ready to extend the upside. The original meme coin secured support near $0.502 following breaks out from a descending triangle setup. Moreover, the alt … Read more
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
Tesla might dominate the headline, but you can enjoy massive long-term wealth with these stocks. Electric cars accounted for about 8.6% of passenger vehicles sold last year, but Tesla (TSLA) still dominates the EVs marketplace. As the space closes into mass adoption, there are companies with the growth & product capacity to outshine Tesla. Rivian … Read more
Briefly- USD-JPY surged to its highest mark in 24 years. Haruhiko Kuroda of BOJ vowed to remain dovish. The United States consumer inflation stats remain the next crucial catalyst. Monday saw the USD-JPY price increasing to multi-decade highs as the yen extended its slides. While publishing this post, the pair hovered at 136.83, approximately 8.8% … 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
Voyager stock has seen its price plunging by 11.93% (-0.0364) today to 0.2686. 3AC (Three Arrows Capital) defaulted on Voyager Digital’s loan. Voyager filed for insolvency plus its Voyager Digital Holdings and Voyager Digital LLC subsidiaries. Voyager Digital Company (VYGVF: OTCQX) (VOYG: TSE) has (today) declared starting a Chapter 11 process, targeting stakeholder value maximization. … 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
Briefly – Analysts predict another rate increase from the Reserve Bank of Australia on Tuesday. AUD/USD hovers with a massive tone. Interest rate differential remains crucial. This month remains crucial as far as the economy is concerned. For instance, financial policy by central banks will rule financial markets. One is from the RBA (Reserve Bank … 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
Analysts expect the United States’ core PCE to surge by 0.4%. Month-end flows to detect price movements. Independence Day suggests restrained price action. Investors and traders will concentrate on the Core Personal Consumption Expenditure during the North America session. The US Fed prefers this to gauge inflation, and analysts expect it to increase by 0.4% … Read more