In the last 30 days, the top two cryptocurrencies, Bitcoin and Ethereum, have suffered drops of 1.7% and 11.8%, respectively. Analysing the crypto total market cap excluding top ten dominance chart, it is evident that in the recent past, Altcoins have marked a sharp rise in dominance. A post published …
altcoin
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While LINK has faced selling pressure in recent weeks, the current low volume of profit-taking suggests that a breakout could occur soon. If Chainlink can sustain its momentum and overcome this resistance, it could be poised for a significant rally. Chainlink Is Looking at a Rise The macro momentum for …
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Solana Breakpoint 2024 Signals Bullish Trend: Top SOL-Based Altcoins to Watch
by Qadir AKby Qadir AKThe Solana (SOL) community is preparing for the annual event dubbed Breakpoint, which the Solana Foundation in Singapore has organized. Earlier today, the Solana team announced that the online tickets for September 19 to September 21 have already sold out. However, the Solana team highlighted that a few tickets may …
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However, despite the downtrend, market participants have continued to buy the altcoin, likely anticipating a reversal. This shows optimism among investors, even in the face of bearish technical signals. Whether this buying pressure will be enough to halt the decline and reverse the trend remains to be seen. Death Cross …
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If the pattern continues, XRP may find it difficult to recover and maintain any meaningful rally, with market conditions putting pressure on its price action. XRP Token Notes Mixed Signals The Ichimoku Cloud indicator currently exhibits bullish sentiment for XRP. Positioned below the candlesticks, the indicator suggests that the altcoin …
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With LINK’s price already showing signs of resilience, this trend might set the stage for further upward momentum, making it a key cryptocurrency to watch in the coming days. Chainlink Tokens See Massive Exodus According to Glassnode, Chainlink saw a brief surge in tokens sent to exchanges between September 5 …
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With a growing bearish bias toward the tenth-largest cryptocurrency by market capitalization, its technical setup suggests that TRX is poised to extend this decline. Tron Derivatives Traders Look Away The drop in TRX’s derivatives market activity signals a clear decline in demand for the altcoin. Its Open Interest, which measures …
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Story Highlights The current price of the LEO token is $ 5.73326688 LEO coin price may reach a high of $12.14 by the end of 2024. UNUS SED LEO, with a potential surge, could reach a maximum of $42.69 by the end of 2030. UNUS SED LEO is emerging as a …
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This article breaks down key insights that ETH holders should be aware of as the situation continues to unfold. Overshadowed by Bitcoin as Network Activity Suffers The ETH/BTC pair represents the ratio between the prices of Ethereum (ETH) and Bitcoin (BTC), showing how much BTC is needed to buy one …
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While this ongoing price action presents a bullish opportunity for some short-term investors, it could lead to a bearish scenario for the broader market. Without a clear breakout, Cardano’s price remains under pressure, increasing the likelihood of further declines. Cardano Holders Can Yield Gains Cardano’s Market Value to Realized Value …