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Polkadot is approaching extreme oversold conditions after a relentless downtrend. With RSI nearing historic lows and price resting on major liquidity, a reversal rally could be on the horizon. Polkadot (DOT) has endured a steep and persistent downtrend, with its price sliding from $7.67 to a fresh swing low near $3.25. This prolonged decline has … Read more
Analysts believe that Bitcoin will likely rebound after a notable drop due to geopolitical tensions in the Middle East. The threat of a regional war in the Middle East is escalating, and crypto markets are feeling the pressure. On Friday, June 13, Bitcoin (BTC) dropped nearly 5% to a daily low of $102,822, as Israel’s … Read more
Cardano is gradually approaching a major support zone near $0.62, with several technical indicators aligning for a potential bounce. However, a lack of trading volume leaves bulls awaiting stronger confirmation. Cardano’s (ADA) has been in a slow decline over the past several sessions. Traders are now closely monitoring the $0.62 region, which serves as a … Read more
Virtuals Protocol’s daily revenue has plummeted to under $500 per day, while the VIRTUAL token edges closer to the oversold threshold. According to Blockworks Research, Virtuals Protocol (VIRTUAL) has been generating less than $500 per day in revenue from launch and swap fees for the most part of late March and early April. In early … Read more
Despite a series of major initiatives in the first quarter of this year, Injective has seen its price continue to trend downward, now sitting in the deep oversold zone. While this signals the possibility of a short-term bounce, the overall market sentiment remains bearish. This year, Injective (INJ) has made a slew of major announcements … Read more
Toncoin price continued its strong sell-off as concerns about its ecosystem and network growth persisted. Toncoin (TON) dropped to the crucial support level of $2.90 on Thursday, down 65% from its highest level in 2024. It has declined for six consecutive weeks and is now trading at its lowest level since March 11. Toncoin has … Read more
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