July 2024 – Page 28 – Coins Cap News
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Dogecoin Price Recovery May Stall: Resistance Levels to Watch

Doge

Dogecoin struggled to recover above the $0.1150 resistance zone against the US Dollar. DOGE is consolidating and might extend losses below $0.100. DOGE price is struggling to clear the $0.1150 resistance zone. The price is trading below the $0.1080 level and the 100-hourly simple moving average. There is a short-term bearish trend line forming with…

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Bitcoin Strikes A Chord At The Bottom, But Can It Clear This Major Resistance?

Cryptocurrency Market News

The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory on July 5. However, while the cryptocurrency is now exhibiting short-term bullishness, it is important to note that it is not out of the woods yet. There are still some serious resistance levels that could keep BTC trapped in…

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XRP Stages A Comeback: Aims To Reclaim $0.50 After Recent Plunge

Cryptocurrency Market News

The XRP community is abuzz with excitement after a whale, a major investor, acquired a hefty 30 million XRP tokens. This significant purchase coincided with a price uptick for the altcoin, which clawed its way back from a recent slump. While some analysts see this whale activity as a bullish signal and predict a surge…

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$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites

Cryptocurrency Market News

The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a significant shift in investor behavior. Roughly $2.4 billion worth of Bitcoin, likely acquired by investors this year, has moved within the network, sparking debate about the reasons behind the exodus. Short-Term Jitters Drive Sell-Off Experts believe these outflows…

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Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump

Bitcoin

Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday. Peter Schiff Claims Little Institutional Demand For Bitcoin According to blockchain analytics platform Lookonchain, the German and US governments, and defunct…

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LayerZero On The Rise: ZRO Bullish Momentum Points To New Highs

Technical Analysis

LayerZero (ZRO) is currently experiencing strong bullish momentum, positioning itself for potential new highs in the future. This sustained upward trend indicates growing investor confidence and increased market interest in the platform’s capabilities.  As ZRO continues to gain traction, technical indicators suggest that this momentum could drive the price to unprecedented levels. Traders and investors…

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