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Category: Crypto Analysis

Polkadot (DOT) Poised For Rally? Analyst Predicts $9.00 Breakout

July 22, 2024 Crypto Analysis

Resilient and showing great upward momentum is Polkadot (DOT), the blockchain network noted for its emphasis on interoperability. Polkadot has maintained its ground at the $6.30 support level thus far, indicating a solid basis for next developments. DOT saw a…

Solana Leads Crypto Rally As Expectations For A Break Above $200 Grow

July 22, 2024 Crypto Analysis

Solana has recently captured the attention of market participants with a remarkable surge to $175, stunning investors and analysts alike. Solana is currently up 40% from its lowest point of $123 this month. The cryptocurrency’s strong upward momentum has reignited…

AVAX Brushes Off Bearish Pressure With 11% Rally – Details

July 21, 2024 Crypto Analysis

AVAX continues to rush forward to greater heights with the token reaching $28.74 since last week. This has been the biggest push by the bulls, influenced by the growing market confidence fueled by Bitcoin’s rally to $60k. Avalanche’s dev team…

BRETT Price Explodes 30% In A Single Week – What’s Next For The Meme Coin?

July 21, 2024 Crypto Analysis

The crypto market has enjoyed a good run in the last few days, with several large-cap assets posting double-digit gains in the past week. Meanwhile, meme coins like Dogecoin, dogwifhat, Pepe, and Brett, were also among the best-performing assets in…

Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital

July 21, 2024 CNL-adminCrypto Analysis

The price of Bitcoin has been on a tear over the past seven days, returning between the $61,000 and $67,000 zone where it spent most of the second quarter. This positive run of form comes despite the FUD (fear, uncertainty,…

Is $200 Within Reach For Solana Price? Here’s Why This Blockchain Firm Thinks So

July 21, 2024 CNL-adminCrypto Analysis

Like the general crypto market, the price of Solana (SOL) witnessed significant growth over the past week. According to the latest on-chain data, this might only be the beginning for SOL’s price, with several indications of further upside potential for…

Solana Sets Sights On $175 Resistance As Bullish Momentum Builds

July 20, 2024 CNL-adminCrypto Analysis

Lately, the price of Solana (SOL) has been demonstrating bullish resilience and gaining significant growth above its bearish trendline. Market participants are closely watching this current price action with the $175 resistance acting as a pivotal point, and a break…

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000

July 20, 2024 CNL-adminCrypto Analysis

A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price…

Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations

July 20, 2024 CNL-adminCrypto Analysis

While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox…

Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses?

July 20, 2024 CNL-adminCrypto Analysis

Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability…

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