[ad_1] Dogecoin started a downside correction from the $0.180 zone against the US Dollar. DOGE tested $0.1420 and is currently recovering losses. DOGE price started a fresh decline from the $0.180 resistance level. The price is trading below the $0.1650 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1580 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.1550 and $0.1580 resistance levels. Dogecoin Price Eyes Fresh Increase Dogecoin price started a fresh decline after it…
Author: dfrancis36
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…
[ad_1] Bitcoin price is correcting losses from the $67,500 zone. BTC is recovering and might soon aim for a move above the $70,000 resistance zone. Bitcoin started a fresh decline from the $72,500 zone. The price is trading below $70,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $68,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish pace if it settles above the $70,000 resistance zone. Bitcoin Price Aims Recovery Bitcoin price failed to trade to a new all-time…
[ad_1] A closely followed crypto analyst believes that two altcoins have the potential to skyrocket by as much as 5x before this cycle is over. Pseudonymous analyst Altcoin Sherpa tells his 228,100 followers on the social media platform X that he’s extremely bullish on the altcoin market. According to the analyst, even average altcoins will see massive price rallies if conditions turn bullish for crypto. Specifically, the trader sees the decentralized oracle network Chainlink (LINK) and the layer-1 protocol Algorand (ALGO) printing gains between 400% and 600% before the current cycle comes to a close. “Market average for sh*tcoins from…
[ad_1] Este artículo también está disponible en español. GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s no surprise that its token launch and airdrop last October 28th was highly anticipated. Related Reading While the airdrop was marred by a few issues, including a three-hour outage, the token’s price rally succeeded. Last October 29th, the token peaked at October 29th, then…
[ad_1] Bitcoin (BTC) crashed below $69,000 on Sunday resulting in significant levels of market liquidations. Interestingly, analysts have also noted a correlation of this decline with a decrease in the winning odds of US Republican presidential candidate Donald Trump ahead of the general elections on November 5. Bitcoin Price Fall Induces $232.6 Million In Liquidations In the last few days, Bitcoin has witnessed some significant price re-correction following a prolonged price rally in October during which it gained by 20%. The price of the premier cryptocurrency initially dropped from above $73,000 on Friday finding support around the $69,000 region. Following…
[ad_1] Este artículo también está disponible en español. Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana’s DeFi Total Value Locked or TVL increased to $5.7 billion in the third quarter, reflecting a 26% improvement from the previous quarter. Related Reading Kamino, a crypto lending service, leads the count with $1.5 billion in TVL and an impressive 7% Quarter-on-Quarter growth, helped by jupSOL and PYUSD…
[ad_1] A report revealed that the spouse of one of the co-founders of the now-defunct Three Arrows Capital, or 3AC, sold one of their luxurious mansions in Singapore. Property Sale Despite Asset Freeze Reports disclosed that 3AC co-founder Zhu Su’s wife, Tao Yaqiong, successfully sold a real estate property for an astounding $38.5 million despite an existing court order freezing the couple’s assets after the crypto company went bankrupt. Records showed that Yaqiong, who also goes by the name of Evelyn, initiated the property sale in July, and was only finalized in October. The residential mansion occupies a land area…
[ad_1] Este artículo también está disponible en español. The Bitcoin price action was marked by ups and downs in the just concluded week, serving as a reminder of the volatile nature of the digital asset. According to price data, Bitcoin has just completed a retest of the downward sloping trendline that has limited its price rallies since March. Related Reading As analyst EGRAG CRYPTO pointed out, the only thing left is for a complete body closure on the weekly timeframe. This closure will be pivotal in determining the next phase of Bitcoin’s price action, potentially setting the stage for a…
[ad_1] The US election is fast approaching, with voters set to cast the final votes in the next 48 hours. This election season has seen a unique focus on the crypto industry, as the two major candidates, Kamala Harris and Donald Trump, have addressed the future of digital assets as a key campaign point. With the election just around the corner, market analysts and investors are closely watching Bitcoin and other cryptocurrencies to see how they may react once the election results are announced. This is because the performance could make or break a continued bullish momentum in November and…