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Solana failed to settle above $85 and trimmed most gains. SOL price is now consolidating losses above $80 and might continue to move down. SOL price started a fresh decline below $84 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There was a break below a declining channel with support at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $80 or $78.50. Solana Price Dips From $85 Solana price failed to remain stable above $84 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $82 and $81.50 levels. Besides, there was a break below a declining channel with support at $82 on the hourly chart of the SOL/USD pair. The bears even pushed the price toward $80. A low was formed at $79.92, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $84.65 swing high to the $79.92 l
Read full articleSouth Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange, with the alleged scheme leaving 256 investors with approximately $600,000 (900 million won) in combined losses. CATFI, a Fake Influencer, and a DEX Exit The case centers on […]
XRP price extended losses and traded below $1.30. The price is now consolidating losses and faces hurdles near $1.30 and $1.340. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.340. XRP Price Dips Below $1.30 XRP price failed to stay above $1.340 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3250 and $1.3120 to enter a short-term bearish zone. The price even extended losses below $1.30. A low was formed at $1.2677, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. If there is a fresh recove
Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating above $2,000 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline below $2,080. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,090 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,100 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,080 and $2,065 levels. The price even traded below $2,050. A low was formed at $2,009, and the price is now showing many bearish signs and is well below the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,009 low. Besides, there is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD. Ethereum pr
Within the first 10 hours of launch, the Kraken Earn BTC Vault raked in $30 million worth of Bitcoin deposits from 4,000 unique wallets.
Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $76,200 support zone. BTC remained in a bearish zone and extended losses below the $75,800 level. There was a move below the $75,500 level. The price even dipped below $75,000. A low was formed at $74,050 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Bitcoin is now trading below $75,000 and the 100 hourly simple moving avera
Forward Industries, the largest treasury holder of Solana (SOL), has announced that it’s set to join the Russell 2000 and 3000 indexes. Forward Industries To Be Included In Russell 2000 From June 29th According to a press release, Forward Industries is joining the Russell 2000 and 3000 indexes. The publicly traded company has historically focused […]
SoFi launched SoFiUSD, a bank issued dollar stablecoin available inside its app with Ethereum and Solana support. The post SoFi brings SoFiUSD to nearly 15 million users with Ethereum and Solana support appeared first on Crypto Briefing.
Blockworks launched the Transparency Alliance with Coinbase, Kraken, Ripple, and others to standardize token disclosures. The post Blockworks forms Transparency Alliance with Coinbase, Kraken, Ripple, and other crypto firms appeared first on Crypto Briefing.
