Recently, Dogecoin experienced a correction in its gains, testing the $0.1620 zone against the US Dollar. This led to the formation of a base, indicating a potential fresh increase above $0.1680. Key Resistance Levels The price is currently facing resistance near the $0.1664 level, which is close to the 50% Fibonacci retracement level. Further resistance
Analysis
XRP investors have been anxiously waiting for the price to break out of its 7-year accumulation zone. This prolonged period of stagnation has caused concern among traders, with many wondering if XRP will ever see a significant price increase. However, according to some crypto analysts, the breakout may be just around the corner. One such
The cryptocurrency market has been a rollercoaster ride, with prices of various tokens fluctuating wildly. Amidst this volatility, XRP has been a subject of much speculation. Despite its lackluster performance in recent times, crypto analysts remain optimistic about the future of XRP. Analyst BarriC, in a recent tweet, boldly predicted that XRP’s price will eventually
Bitcoin’s price is currently facing a challenging time as it struggles to maintain momentum and break through the $70,000 resistance zone. Despite trading above $69,500 and the 100 hourly Simple Moving Average, BTC is encountering several key hurdles in its upward movement. The Hourly MACD is showing a loss of pace in the bearish zone,
As of now, XRP price has seen a decline below the $0.520 support level. It is currently trading within a range and aiming for an upside break above the $0.5320 resistance. The price has fallen below the $0.5120 mark, but is now trading above $0.5250 along with the 100-hourly Simple Moving Average. A key bearish
Uniswap Labs, the creator of a major decentralized trading platform, is currently in a legal battle with the US Securities and Exchange Commission (SEC). The SEC has issued a Wells Notice to Uniswap Labs, indicating its intention to take legal action against the company for allegedly operating as an unregistered exchange and broker-dealer. In response,
In recent news, Ethereum price experienced a significant rally of over 20%, attributed to the increase in hopes of an ETH ETF. The cryptocurrency broke through multiple resistance levels, including the crucial $3,500 zone. This surge has positioned Ethereum above $3,600, with the 100-hourly Simple Moving Average acting as a strong support level. Upon closer
Ethereum has recently experienced a downside correction from the $3,150 zone, triggering a decrease in price. While the bears defended this key level, Ethereum is still holding onto its gains and showing resilience in the market. It is currently trading above $3,000 and the 100-hourly Simple Moving Average, indicating a potential for another upward movement
Crypto analyst Michaël van de Poppe has expressed bullish sentiments regarding Polkadot (DOT), foreseeing a potential rise in its value to as high as $25 during the current bull run. Van de Poppe highlighted the recent correction that Polkadot underwent, followed by its resurgence to pre-rally levels, indicating its strength. He attributed the bottoming out
Dogecoin recently experienced a correction in gains, testing the $0.150 zone against the US Dollar. Despite this correction, DOGE is now forming a base and may potentially initiate a fresh increase above $0.1520. The price surged towards $0.160 before correcting gains and is currently trading above the $0.150 level and the 100-hourly simple moving average.