Near Protocol has managed to remain relatively stable in 2024 despite the market volatility, showcasing resilience amidst the crashes in the crypto market. However, signs indicate that the altcoin may have reached its peak, as a crypto analyst points out the bearish outlook following a breakout earlier in the year. At the beginning of May,
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In recent trading, Binance Coin (BNB) has shown signs of recovery as it bounced back from the $585 support level. This comes after a period of extended losses that saw the price dipping below $600 and the 100-hourly simple moving average. The bulls are now eyeing the $600 resistance zone in order to push the
XRP price has been facing significant challenges recently as it extended losses below the $0.5220 support zone. Despite testing the $0.5120 support and attempting a recovery wave toward $0.550, XRP is still struggling to start a fresh increase above the $0.5320 resistance zone. A major bearish trend line is forming with resistance near $0.5230 on
The Ethereum price has been facing significant challenges recently, with the cryptocurrency extending its decline and testing the $3,720 support level. This decline has put ETH in a short-term bearish zone, with the price trading below $3,820 and the 100-hourly Simple Moving Average. The bulls have been able to defend the $3,720 support zone, preventing
The world of cryptocurrency is always full of surprises, especially when it comes to the price of Bitcoin. Recently, a well-known crypto strategist made a bold prediction about the future of Bitcoin’s price, and if his analysis is correct, the market could be in for a rough ride ahead. The crypto analyst, known as Xanrox,
The proposal put forth by SEC commissioner Hester Peirce for a shared digital securities sandbox between the US and the UK presents a unique opportunity for firms from both countries to engage in sandbox activities under similar regulatory conditions. This initiative has the potential to revolutionize how securities issuance, trading, and settlement are conducted using
XRP price is currently holding onto the key support at $0.5220, but the bulls are struggling to make a significant breakthrough. The price is finding it challenging to initiate a fresh increase above the $0.5350 resistance zone, leading to concerns among investors. The bears are exerting pressure on the market, keeping the price below $0.5320
The Solana meme coin market is currently experiencing a surge, with the price of dogwifhat (WIF) increasing by an impressive 27% since the beginning of the week. Additionally, a new and exciting coin named Sealana (SEAL) has managed to raise over $3 million in funds. This surge in prices is a positive indicator of the
As of the latest market update, Ethereum price has continued its downside correction and is currently approaching the crucial $3,720 support level. This downward movement was initiated after ETH failed to sustain its position above the $3,880 zone, leading to a bearish trend in the short term. Despite trading below $3,880 and the 100-hourly Simple
Bitcoin has once again extended its decline, this time falling below the $68,000 level and slowly moving towards the $66,250 support zone. The bears have been successful in pushing the price lower, with a recent low of $67,100 being reached. The price is currently consolidating losses and struggling to move back above key resistance levels.