Market

The post Near Protocol Decoupling with Market Sentiments: NEAR Price Eyes an 8% Rise In the Next 24 Hours appeared first on Coinpedia Fintech News The Near Protocol price has been demonstrating acute strength ever since the token rebounded from the monthly lows below $5. In times when the selling pressure was mounting over the majority of the tokens, the NEAR price managed to stabilize within a narrow range, preventing excessive loss. The bulls are displaying huge strength at the…

Solana failed to climb above the $135 resistance. SOL price started another decline, dropping nearly 10%, and now the bears aim for more downsides. SOL price remained in a bearish zone below the $142 resistance against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend…

The post Altcoin Market Might Crash 30-40% If Bitcoin Price Drops Below $60K This Week appeared first on Coinpedia Fintech News The total cryptocurrency market cap dropped 3 percent in the past 24 hours to hover around $2.4 trillion on Monday during the early Asian session. The market turned bearish over the weekend as Bitcoin’s (BTC) price continued its recent downward trend.  The flagship coin closed last week around $63k, a major support/resistance level that has increased the fear of…

Ethereum price struggled to climb above the $3,550 resistance and trimmed gains. ETH gained bearish momentum alongside Bitcoin and tested the $3,385 zone. Ethereum is trimming gains from the $3,550 resistance zone. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,465 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it dips below the $3,385 and $3,350…

The past week saw the overall crypto market drop, with the total cap dropping to some of its lowest levels. Bitcoin briefly dropped below $64,000, with altcoins following suit. Polkadot ($DOT) took a knock and currently trades below $6.  It has been a volatile week in the crypto market. Between June 20 and June, the market cap dropped an uncomfortable 3.9% to $2.34 trillion, close to its lowest levels in five weeks. The market decline affected every coin among the…

Tezos (XTZ) continues its bearish run as it has declined by 29% from year to date and 4% in the last seven days.  According to analysts, bulls are seeking to send the price to $0.94, however, failure to do this could cause another downward trend to $0.6.  Tezos (XTZ) witnesses a bearish extension, dragging the asset down the price curve as bulls struggle to seize control. According to our market data, XTZ has declined by 4% in the last seven…

The post Bitcoin Loses Momentum Amid Market Downturn, But This Ethereum Token Is Far From Done appeared first on Coinpedia Fintech News Bitcoin (BTC) loses momentum as its price falls below the short-term holder’s realized price of $65,800. This could kickstart a wave of panic selling, leading to significant losses for Bitcoin (BTC) and other crypto assets. Amidst this market downturn, the popular Ethereum token ETFSwap (ETFS) defies market trends and provides investors, with an alternative avenue to yield substantial…

Dogecoin has significant activity, with a 2.35% growth in large transactions, indicating a slight upward trend. Major investors are showing increased interest in Dogecoin, reflecting heightened market activity and confidence. A popular meme coin, Dogecoin (DOGE), has seen considerable market volatility recently. As of right now, Dogecoin is valued at about $0.1246, up 2.13% from the previous day, according to CoinMarketCap. The value of the coin dropped by 8.88% during the previous week, in contrast to this current increase. At…

TON’s transaction volume reaches $10 billion daily, highlighting its growing popularity and impressive growth. TON token holders increase from 2.9 million to 32 million, showcasing exponential growth. Although the general crypto market is still down, there has been a tremendous upsurge in the Open Network (TON) native token. As of right now, TON is trading for about $7.59, up 5.95% over the last 24 hours, according to CoinMarketCap data. The slow progress of most other cryptocurrencies contrasts sharply with this…