Ethereum Breaks Key Hurdle, Why ETH Could Extend Its Increase
Ethereum(ETH) gained traction and broke the $3,400 resistance zone against the US Dollar. ETH price is showing positive signs and it could even surpass the $3,500 level. Ethereum started a decent increase above the $3,350 and $3,400 resistance levels. The price is now trading above $3,400 and the 100 hourly simple moving average.
Bitcoin Indicators Suggest Strengthening Case For Break Above $48K
Bitcoin(BTC) price started a decent increase above the $46,000 resistance against the US Dollar. BTC is now back above $47,000, but it is facing hurdles near $47,600. Bitcoin started a steady increase above the $45,600 and $46,200 resistance levels. The price is now trading above $46,500 and the 100 hourly simple moving average.
Solana Suffers Sharp Volatility After Network Becomes Flooded With Transactions
Solana’s sol token experienced some sharp price fluctuations today, falling more than 15% after the Solana blockchain network went down and then recouping much of those losses. The digital asset dropped to as little as $142.86 today, according to Messari data.
The price of Elrond (EGLD) is hitting new daily highs
An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300. EGLD’s surge includes the full release of the protocol’s Maiar exchange, the altcoin’s listing on KuCoin, and a string of partnerships and integrations that expand the Elrond ecosystem.
Polkadot is en route to a new all-time high even after a 256% rally
The recent 256% recovery by Polkadot over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin’s $39 billion market capitalization has outperformed Ether (ETH) by 66% over the past thirty days.