Author: Joy Nganga

Toncoin (TON) price analysis shows that TON is trading at $7.39 with a trading volume of $286 million over the last 24 hours. The cryptocurrency remains resilient in the market, despite a slight decline of 0.11%, reflecting a more cautious optimism among investors. In this technical analysis, we look into the recent movements and possible future paths of TON amidst an environment of fluctuating markets. TON oscillates around the $7.40 level, More upsides ahead? The trajectory of Toncoin’s prices has seen multiple rises and falls as seen in the latest sessions for trade. The price has oscillated around the $7.40…

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Bitcoin’s last 24 hours have seen a major bullish breakout that has led it to surpass the major $60,000 level, and now it is trading for $62,598.37. There was an increase in the cryptocurrency by 4.38%, with a trading volume of $27.66 billion. The upward trend of the cryptocurrency signifies changes from bearish market sentiment to bullish as selling pressure seems to have subsided and market participants remain optimistic. Over this weekend there has been a rise in Bitcoin’s price volatility, which breaks out from the previous downtrend to rally for new highs. This switch happened after there was a…

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Cardano (ADA) has been very resilient on the crypto market registering a 1.12% increase over the last 24 hours to trade at $0.426502. Despite fluctuating market conditions, this upward movement is a pretty modest one with Cardano traders closely monitoring the main resistance and support lines that would define ADA’s short-term trajectory. Trading above a 20-day EMA, ADA is facing resistance at $0.44. At present, Cardano encounters considerable resistance at the level of $0.44. Thus, it should be able to break out and consolidate its gains above that mark to maintain bullish momentum. Conversely, if it fails to break through…

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Bitcoin (BTC) exhibited marked resilience and volatility over the preceding week as it fluctuated between $54,000 and nearly $60,000. Market players are reconsidering their predictions given recent occurrences such as the German government’s massive selloffs and potential Ethereum ETFs that might make them think of an increase to the 100 thousand dollar mark. The prices of Bitcoin on the technical front have shown signs of coming out of a difficult phase. In the four-hour chart, we can see some attempts to break above this downward-sloping trend line. In case this breakout takes confirmation, then immediate resistance at $58,500 would be…

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Cardano is currently on an upward trajectory that has surpassed a 0.3850 resistance and is now positioning itself to break the .40 barrier. This climb reflects the broader positive trend observed in the crypto market, like those seen in Bitcoin and Ethereum prices. The notable rise from $0.3350 led ADA to clear several resistance levels including $0.350 and $0.3650, confirming strong buying interest. ADA Breaks Beyond a $0.350 Hurdle; Eyes Set Higher The momentum pushed ADA past the $0.388 level, hitting highs around $0.4050. The currency has however slightly declined below $.40 but its ability to stay above this price…

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Bitcoin (BTC) has shown volatility around the $60,000 zone in recent times owing to several economic indicators and market activities. Bitcoin is trading at $58,727.16 with a 24-hour trading volume of $26,933,701,890. Nonetheless, Bitcoin failed to break above its weekly resistance level of $58,500 even during today’s hike. Moreover, cryptocurrency prices are being impacted by sizeable transactions such as selling pressure from the transfer of 10 853 BTC by the German Government. CPI Data Fuels Bitcoin’s Rally The release of CPI data announcing an unexpected deceleration in inflation saw Bitcoin surge immediately. In June however, CPI was negative for the…

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The meme token Dogecoin has seen a volatile week of trading, dropping 11% to a low of $0.1059, although the cryptocurrency is still up by more than 66% over the last year. It has traded above $0.10 with relative consistency and is currently at $0.1078. This forms part of a wider trend in which DOGE lost 26% of its value over the past month but still boasts a significant annual gain.  Dogecoin Eyes Off $0.1132 Resistance Amid Mixed Technical Signals On the four-hour DOGE/USD chart there is a tentative approach to the $0.1132 resistance level, while technical indicators are giving…

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The price of bitcoin has experienced a dip recently and hovered around $56,350, only slightly above the previous week’s low of $53,630. This recent decline has been caused by major liquidations from large holders such as Whales and the German government and some accounts connected with the now defunct Mt. Gox exchange platform. Live Bitcoin price is currently at $57,527.81 as per the latest updates which represents a 2.99% rise over the past 24 hours traded volume valued at $35.82 billion. Bitcoin Bounces Between $55,240 and $58,131 An intraday chart of Bitcoin reveals that its daily performance has fluctuated with…

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Despite the general downturn in the cryptocurrency market, Solana (SOL) has remained resilient and is still hovering around $140. The second week of July began on a bearish note for most digital assets after Bitcoin dropped to $56,000, which set a negative mood across the market including Solana (SOL). Despite posting gains earlier in the week it was cut short toward the end when it experienced a pullback and broke below its local support at $138.06 thus indicating increased selling pressure that could extend this downward correction to $134. Sol Shows Resilience Amid Downturn Solana is trading at approximately $139.98…

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The primary cryptocurrency, Bitcoin (BTC), witnessed a significant fluctuation in its price last week, going as low as $53,500 before rebounding significantly above the $57,000 line. These latest market happenings are amidst a bigger market confusion influenced by issues like the impending Mt. Gox sell-offs and current debates about how the German administration has managed BTC assets. Technical Indicators Point to a Tough Battle Ahead Bitcoin’s trading session over the past while has been quite chaotic, falling close to $53,500, probably resulting in an unstable position below several key support levels. Nevertheless, mild recovery could be seen pushing its price…

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