Tag: Support

Solana (SOL) Eyes Major Breakout After Holding $120 Support Level – Details

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Popular crypto analyst Peter Brandt has unveiled a bullish outlook for Solana predicting the prominent altcoin may be set for a significant price surge in future weeks. This price forecast comes in a glaring contrast to Brandt’s recent prediction where the analyst had expressed fears over Solana suffering a major price fall. How High Can Solana Go? Earlier this week, NewsBTC reported Brandt’s prediction of SOL slipping to $80 if the altcoin failed to defend a support level around $120. Notably, SOL had presented a down price movement for the…

EOS-incubated Bitcoin docking layer exSat gains support from OKX

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OKX has joined the exSat network as a key validator node to help enhance Bitcoin’s scalability and interoperability. Cryptocurrency exchange OKX announced in a Sept. 16 press release that it has joined the exSat Network as a validator node. The partnership is expected to improve Bitcoin’s scalability and interoperability by leveraging exSat’s data consensus extension protocol, a hybrid mechanism that combines proof-of-work and proof-of-stake. The exSat Network, rolled out by EOS Network in April, is designed to bridge Bitcoin’s mainnet with various layer-2 scaling solutions, addressing challenges related to transaction…

Bitcoin docking layer exSat gains support from OKX

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OKX has joined the exSat network as a key validator node to help enhance Bitcoin’s scalability and interoperability. Cryptocurrency exchange OKX announced in a Sept. 16 press release that it has joined the exSat Network as a validator node. The partnership is expected to improve Bitcoin’s scalability and interoperability by leveraging exSat’s data consensus extension protocol, a hybrid mechanism that combines proof-of-work and proof-of-stake. The exSat Network is designed to bridge Bitcoin’s mainnet with various layer-2 scaling solutions, addressing challenges related to transaction speed and data consensus. By participating as…

Dogecoin (DOGE) Trims Gains, Can This Key Support Hold Losses?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP Price Falls Below Support, Bearish Momentum Builds

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

PEPE Faces Potential 5% Drop, Eyes Key Support Level Retest

After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will struggle to hold above this level. The aim of this article is to analyze PEPE’s recent price action as it drops to retest critical support at $0.00000766 following a breakout. It will examine whether this support level can hold and lead to a rebound, potentially setting the stage for a…

Alchemy Pay Announces Official Support for BNB Chain and its Ecosystem

SINGAPORE, Sept. 12, 2024 /PRNewswire/ — Alchemy Pay, the world-leading fiat-crypto payment gateway, has announced its official support for the BNB ecosystem. With this support, Alchemy Pay’s On & Off- Ramp now supports popular tokens on BNB Chain, including its native token BNB and stablecoins like USDC and USDT. This integration highlights Alchemy Pay’s expanded support for the BNB ecosystem, facilitating seamless fiat-crypto transactions for users. By leveraging Alchemy Pay’s extensive network, which spans over 300 fiat payment channels across 173 countries with 50+ fiat currencies supported, including traditional payment methods like…

Shiba Inu (SHIB) Starts To Struggle In Bearish Market Whilst Mpeppe (MPEPE) Build More Traction and Support ETH Whales

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Este artículo también está disponible en español. Shiba Inu (SHIB), once one of the hottest meme coins in the cryptocurrency market, has been facing challenges as the bearish market takes its toll. With diminishing momentum and declining prices, Shiba Inu (SHIB) is struggling to maintain its position as a leading meme coin. As investors grow cautious, Shiba Inu (SHIB)’s future looks uncertain, leaving room for emerging players like Mpeppe (MPEPE) to step into the spotlight. Mpeppe (MPEPE)’s Rise: Gaining Traction Amidst Market Downturn While Shiba Inu (SHIB) battles the bearish…

Sky mulls cutting support for wBTC over Justin Sun affiliations

Sky, formerly MakerDAO, is evaluating the removal of Wrapped Bitcoin from SparkLend over concerns about its ties to Justin Sun. Sky is considering removing Wrapped Bitcoin (WBTC) as collateral from its decentralized finance platform SparkLend, citing concerns about the token’s affiliations with TRON founder Justin Sun. On Sept. 12, the team behind Sky announced a proposal to offboard in “several steps with” WBTC-A, WBTC-B, WBTC-C, and WBTC from SparkLend, a decentralized non-custodial liquidity protocol, with the process expected to start on Sept. 26. The decision comes in response to recent…