The Bitcoin price plunged sharply and broke below a major support level of $21,000. Likewise, Ethereum also lost over 2% to complete a 61.8% Fibonacci correction at $1,566. After Beijing said it had no plans to change its zero COVID-19 policy, US stock futures, cryptocurrencies and commodities fell in Asia on Monday. However, resilient Asian markets helped mitigate the…
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Solana price prediction remains bullish; however, the double top pattern is acting as a major resistance, keeping SOL’s uptrend limited under $38.20. Solana (SOL) responded favorably to a recent development involving its blockchain network and Google Cloud. In response, Solana’s trading volume blasted past $3 billion, and its price kept a strong uptrend. … Read More: Solana…
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Axie Infinity price prediction remains bullish, especially above the $10.15 level, extended by a 61.8% Fibonacci retracement. Axie Infinity made a strong comeback the day before, gaining over 20% before giving up half the gains to trade at $10.58 today. In 2021, play-to-earn (P2E) games became widely popular because of the proliferation of blockchain-based gaming platforms…
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The Bitcoin price is rising during the European session, breaching the descending triangle pattern at $20,400. Recalling the Asian session’s Bitcoin price prediction, the market was waiting for non-farm payrolls and the unemployment rate in the United States to determine further price action…. Read More: Bitcoin Price Prediction – Can BTC Stay Above $20,600 Into…
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Band Protocol, a decentralized finance (DeFi) token in the Ethereum ecosystem, has, over the last 24 hours, exploded by 133% to change hands at $3.51 during the European session on Friday. Before this breakout, BAND moved sideways between support at $1.10 and resistance at $1.30. If investors refrain from locking in profits, Band Protocol price…
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Cardano price appears to have triggered massive sell positions after it failed to rise above resistance at $0.4400. The smart contract platform bowed to increasing overhead pressure as investors locked in profits. ADA must reclaim immediate support at $0.4000; otherwise, its leg may stretch to $0.3730 before bulls get another chance to push prices higher…
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During the European session, Bitcoin is trading sideways near $20,400, ranging between $20,350 and $20,800. As expected, the buyer-seller tug-of-war continues ahead of the FOMC and Fed Fund rate decision on November 2. The industry’s leading asset, BTC, has shown resilience recently, bringing back bullish sentiment among crypto investors and analysts…. Read More: Bitcoin Price Prediction – How High…
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Shiba Inu price is slightly bullish, having gained more than 2% and more than 25% to trade at $0.000012. However, it is unlikely to reach $1 anytime soon, but there are other coins that may provide a good profit opportunity. The Shiba Inu coin jumped to a new 6-week high today after it broke above…
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Major cryptocurrencies were trading in green early on October 29 as the global crypto market cap jumped over $1 trillion from $979.72 billion on the previous day. The overall volume in DeFi was $4.00 billion, accounting for 4% of the total 24-hour volume in the crypto market. The entire volume of stablecoins was $81 billion,…
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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com…. Read More: XRP Price Prediction as $1 Billion Trading Volume Comes in – XRP to the Moon? Read more »Sign up for e-EUR – the progressive stablecoin
