Confirmation of this incoming price move for Polkadot
Polkadot’s bullish resurgence at $11.7 support fueled optimism in the market and lent support to an extended rise over the coming days. Price move for Polkadot, A rise above 22nd June’s swing low of $13 would provide confirmation of a favourable outcome and once it occurs, traders can opt to long DOT in order to capitalize on the projected hike. Confirmation of this incoming price move for Polkatdot.
Bitcoin Remains At Risk, Why BTC Could Nosedive Below $30K
Bitcoin remains in a bearish zone, but it is holding the $31,000 support zone.
The price is now trading well below $32,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $31,850 on the hourly chart of the BTC/USD pair.
When Will Cryptocurrency and Decentralized Finance Markets Rise Again?
The NFT market seems to be following a largely similar pattern. May was a record-breaking month for the sale of NFT artworks, but the market declined by 90% in June. The good news for crypto is that the general health and strength of the cryptocurrency market are far healthier than they were in either 2013 or 2017.
Ethereum is settling 3X more than Bitcoin every day on the chain!
With all the developments around this space, the demand has surged too. This is significant since on exchange supplies kept hitting new lows and the amount of Ethereum locked in the 2.0 staking contract continued to prosper. As per Etherscan, more than 6.2 million ETH was locked in 2.0.
Ripple Is Braced For A Bombshell As XRP Nears Price ‘Death Cross’
Ripple, the company behind the XRP cryptocurrency, is braced for a bombshell after a judge ruled a former regulatory official can be questioned as part of the ongoing legal battle over the sale of $1.3 billion worth of XRP. Ripple’s XRP is though still up around 160% since the beginning of the year.