Polkadot (DOT) has performed relatively poorly in the last few weeks in terms of price growth. However, top market analyst Michael van de Poppe sees AI boosting the performance of the cryptocurrency in the near future. Polkadot Welcomes Numerous Features Michael van de Poppe identified that Polkadot is on its defined cycle low, a move The post Polkadot (DOT) Up 6% As Top Analyst Tips AI-Backed Growth appeared first on CoinGape .
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Analysts Forecast Furrever Token to Mirror Avalanche, Cardano, and Polygon Triumphs
In the ever-evolving landscape of cryptocurrencies, identifying the next breakout star is a pursuit that keeps investors and enthusiasts alike on the edge of their seats. Analysts have now turned their gaze towards a new contender, poised to emulate the successes of industry giants like Avalanche, Cardano, and Polygon. With a promising trajectory and a The post Analysts Forecast Furrever Token to Mirror Avalanche, Cardano, and Polygon Triumphs appeared first on Live Bitcoin News .
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Bitcoin Analyst Predicts New Highs in Q4 2024 and Beyond, What’s Coming?
The post Bitcoin Analyst Predicts New Highs in Q4 2024 and Beyond, What’s Coming? appeared first on Coinpedia Fintech News As the market shows signs of recovery from the crypto winter, all eyes are on Bitcoin, the pioneering cryptocurrency. Following a previous dip to $57,000, Bitcoin is now showing robust resilience around the $61,000 price level. Meanwhile, after observing such strong support crypto analyst Stockmoney Lizards predicts bitcoin price to surge to $100K by the …
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Crypto Market Continues To Stumble As Bitcoin (BTC) Price Fails To Hold The $62K Mark!
The post Crypto Market Continues To Stumble As Bitcoin (BTC) Price Fails To Hold The $62K Mark! appeared first on Coinpedia Fintech News Despite increased price volatility in the market, the BTC price repeatedly fails to hold its price above the $62K mark, highlighting a significant bearish influence in the crypto space. The price of Bitcoin has recorded a correction of $1,577.36 (-2.51%) within the past day. Currently, the star token is trading with a price tag of …
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BNB Price Recovery in Limbo: Potential Cap Looms Amid Market Uncertainties
BNB price is showing bearish signs below the $600 level. The price must settle above the $575 and $585 resistance levels to gain bullish momentum. BNB price started a fresh decline after it failed to clear the $600 resistance zone. The price is now trading below $585 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $575 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could gain bullish momentum if it clears the $585 resistance zone. BNB Price Dips Again After a decent increase, BNB price struggled near the $600 resistance. As a result, there was a bearish reaction below the $585 support, like Ethereum and Bitcoin. The price dipped below the $575 support and the 100 simple moving average (4 hours). It traded as low as $561 and is currently consolidating losses. There was a minor upward move above the $565 level. The price tested the 23.6% Fib retracement level of the downward move from the $600 swing high to the $561 low. It is now trading below $585 and the 100 simple moving average (4 hours). Immediate resistance is near the $575 level. There is also a key bearish trend line forming with resistance near $575 on the hourly chart of the BNB/USD pair. The next resistance sits near the $585 level or the 61.8% Fib retracement level of the downward move from the $600 swing high to the $561 low. A clear move above the $585 zone could send the price higher. In the stated case, BNB price could test $600. A close above the $600 resistance might set the pace for a larger increase toward the $650 resistance. Any more gains might call for a test of the $680 level in the coming days. More Losses? If BNB fails to clear the $575 resistance, it could continue to move down. Initial support on the downside is near the $560 level. The next major support is near the $550 level. The main support sits at $532. If there is a downside break below the $532 support, the price could drop toward the $510 support. Any more losses could initiate a larger decline toward the $500 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $565, $550, and $532. Major Resistance Levels – $575, $585, and $600.
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Exploring New Horizons With Gamble-Fi Star Rollblock (RBLK): A Step Ahead Of Monero and Arbitrum
The post Exploring New Horizons With Gamble-Fi Star Rollblock (RBLK): A Step Ahead Of Monero and Arbitrum appeared first on Coinpedia Fintech News The crypto landscape is a dynamic one, with top crypto coins like Monero (XMR) navigating bear markets and new collaborations in Arbitrum (ARB) shaping the future of DeFi. Amidst these developments, a new market entrant, Rollblock (RBLK), with a live casino and surging presale, aims to disrupt the online gaming landscape with the introduction of …
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