Binance Square
Accueil
Notification
Profil
Articles tendances
Les actus
Favoris et mentions J’aime
Centre pour créateur
Paramètres
LIVE
LIVE
CryptoFeed_News
--・2.6k views
#write2earn #Polkadot ( $DOT ) Poised for Breakout: Analyzing Potential Resistance Levels #PolkadotAnalysis #DOT #polkadotupdate Polkadot (DOT) is approaching a critical resistance level at $7.60, signaling potential upward movement. With rising open interest and bullish indicators, analysts anticipate DOT may surpass this resistance and target $8. During a recent consolidation phase between $6 and $7, DOT saw significant price action over the weekend, breaking past the 200-day SMA with an 8.38% increase on Saturday to $7.24. Despite a slight dip on Sunday, DOT closed above $7 at $7.14, followed by a 4.62% increase on Monday, settling at $7.47. Currently trading at $7.48, DOT's chart shows strong support at $7, backed by the 200-day SMA, with secondary support at $6.40. The 20-day SMA and the 200-day SMA are key reference points, potentially influencing DOT's trajectory. Breaking past the 20-day SMA could trigger a rally towards $8 and the 50-day SMA at $9, while failure may lead to a retreat to $7 or $6.40. Bullish indicators include the MACD's positive trend and a noted analyst highlighting a potential breakout pattern. On-chain metrics support optimism, with a drop in funding rate on April 22nd and increased open interest. The Relative Strength Index (RSI) indicates a move towards neutral territory, reinforcing positive sentiment for Polkadot's future.

#write2earn #Polkadot ( $DOT ) Poised for Breakout: Analyzing Potential Resistance Levels #PolkadotAnalysis #DOT #polkadotupdate




Polkadot (DOT) is approaching a critical resistance level at $7.60, signaling potential upward movement. With rising open interest and bullish indicators, analysts anticipate DOT may surpass this resistance and target $8.

During a recent consolidation phase between $6 and $7, DOT saw significant price action over the weekend, breaking past the 200-day SMA with an 8.38% increase on Saturday to $7.24. Despite a slight dip on Sunday, DOT closed above $7 at $7.14, followed by a 4.62% increase on Monday, settling at $7.47.

Currently trading at $7.48, DOT's chart shows strong support at $7, backed by the 200-day SMA, with secondary support at $6.40. The 20-day SMA and the 200-day SMA are key reference points, potentially influencing DOT's trajectory. Breaking past the 20-day SMA could trigger a rally towards $8 and the 50-day SMA at $9, while failure may lead to a retreat to $7 or $6.40.

Bullish indicators include the MACD's positive trend and a noted analyst highlighting a potential breakout pattern. On-chain metrics support optimism, with a drop in funding rate on April 22nd and increased open interest. The Relative Strength Index (RSI) indicates a move towards neutral territory, reinforcing positive sentiment for Polkadot's future.



Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
0
Réponses 13
Découvrez les dernières actus sur les cryptos
⚡️ Prenez part aux dernières discussions sur les cryptos
💬 Interagissez avec vos créateur(trice)s préféré(e)s
👍 Profitez du contenu qui vous intéresse
Adresse e-mail/Numéro de téléphone
Créateur pertinent
LIVE
CryptoFeed_News
@cryptofeed_news

Découvrez-en plus sur le créateur

#Write2earn Memecoin Leaders PEPE and WIF See Sharp Declines: Market Update #Memecoins #Memecoin #PEPE #WIF $WIF $PEPE Leading memecoins have faced notable declines, with PEPE and WIF dropping 15% and 25%, respectively, in the past seven days. After a strong performance throughout May, top memecoins have suffered substantial losses in the past week. DOGE, SHIB, and PEPE have all seen declines exceeding 10% over the last seven days, while WIF has plummeted by 26% during the same period. Despite their standout performances earlier in 2024, the recent market volatility has dealt a severe blow to the sector. Memecoins have been on a downward trend since the start of June, exacerbated by a recent market selloff. This decline coincides with increased scrutiny on memecoins, particularly those backed by celebrities, which have launched on Solana in the past month. Volatility is inherent in memecoins, and although PEPE remains up by 12% over the last 30 days, it has been affected by the recent downturn. Conversely, WIF, the leading memecoin on Solana, has experienced a 15% decline in the same period, positioning it among the weakest performers in the top 50 tokens by market cap.
--
#Write2earn ROCKET POOL (RPL) SURGES OVER 80% AMIDST STRONG MARKET PERFORMANCE #RocketPool #CryptoGainers $RPL According to Foresight News, Rocket Pool (RPL) has experienced a significant short-term surge, breaking through 34 USDT before settling at 28 USDT. This marks an increase of over 80% in the past 24 hours, highlighting strong market performance for the cryptocurrency. The exact reasons behind this sudden rise remain unclear, and investors are advised to closely monitor market trends for Rocket Pool (RPL). There is no official information shared on the Rocket Pool X account. Rocket Pool — Houston Launch The only new Information and update about Rocket Pool is about the next major upgrade “Houston” which has been under development for the last 9 months and will be going live in lee than a week on the 17th June! This upgrade isn’t all about creating a long-term decentralised form of governance for the protocol, we’re also introducing some new very useful features that will also enable additional layers and applications to be built on top of the base protocol. You can have more information by visiting the official announcement on Medium by Rocket Pool About Rocket Pool Rocket Pool is Ethereum’s most decentralized liquid staking protocol. Liquid stakers can participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Rocket Pool offers a fully non-custodial solution, ensuring that node operators are economically aligned to perform well for stakers. Joining as a node operator is permissionless and requires just 16 ETH, compared to the usual 32 ETH. Node operators benefit from a boosted ROI through operator commissions and RPL rewards. The Rocket Pool team, with their extensive experience since 2016, brings unparalleled expertise to the staking space.
--
#Write2earn Azuro Partners with Olas to Develop AI Agents for Enhanced Prediction Markets #AZURO #OLAS #AI #AZUR Azuro, a leading liquidity layer for on-chain predictions, is teaming up with Olas, a top network for autonomous AI agents, to enhance its ecosystem with advanced AI capabilities. Azuro's Growing Influence Azuro is a frontrunner in sports and entertainment prediction markets on EVM chains, hosting over 25 active apps with more in development. Its unique liquidity pool design and oracle solutions allow apps to launch without upfront costs, letting developers focus on user acquisition and monetization. Over the past year, Azuro's transaction volumes have surpassed $350 million, generating over $3 million in protocol revenue, making it the top revenue-generating protocol on Polygon. AI Integration with Olas Olas offers a stack for developing autonomous AI services, represented on-chain by smart contracts. This partnership will integrate Olas AI technology into Azuro's prediction markets. The Azuro AI agent will learn to predict sports event outcomes accurately, utilizing market data to provide insights and enhance predictive capabilities for participants. Future Prospects Rossen, a core contributor at Azuro, stated, "We are setting the basis for AI agents to integrate and operate within the Azuro ecosystem. This could empower new applications beyond sports, like political forecasting and entertainment events." Exciting Opportunities Azuro will also host a hackathon to provide tools for developing new autonomous agents, expanding use cases in prediction markets. This partnership marks a significant step forward for Azuro's developers and users, opening new possibilities for market analysis and prediction.
--
#Write2earn CURVE FOUNDER FACES MAJOR CRV LIQUIDATION AFTER $95.7M STABLECOIN LOAN #CurveFinance #Curve #CRV $CRV Michael Egorov, founder of Curve Finance, recently faced substantial liquidations of his CRV holdings after borrowing $95.7 million in stablecoins. Despite this setback, Egorov remains dedicated to Curve’s future. Commitment to Curve's Future Egorov tweeted, "I am committed to building Curve more than ever, thanks to game-theoretical implications of veTokenomics (mostly have veCRV now).” He plans to focus on making Curve’s lending and borrowing products the safest in the industry, educating traders on orderly liquidations, and encouraging users to deposit crvUSD, Curve’s stablecoin. Understanding VE Tokenomics VE tokens, non-transferable assets issued for locking up governance power, allow holders to vote on new token emissions. This led to the "Curve Wars" in 2021, with DeFi protocols competing to direct CRV rewards to Curve liquidity pools. Liquidation Events On June 12, Arkham Intelligence warned Egorov was at risk of liquidation if CRV’s price dropped another 10%. By June 13, Lookonchain reported his positions entered liquidation after a 20% price drop. His positions were reduced to $33.9 million in CRV backing $20.6 million in loans. CRV’s price fell 36% over seven days but rebounded 14% after Egorov’s liquidation. Market Reactions Despite the liquidation, many believe Egorov wasn’t significantly harmed. Ethereum developer Eric Conner tweeted, "Michael did not get ‘rekt’ by being liquidated on his CRV... Selling it on market would have resulted in similar prices and a pissed community." Anthony Sassano, host of The Daily Gwei podcast, noted, "He just transferred the rektage to the community instead." Financial Moves Lookonchain revealed Egorov had "already cashed out and bought a mansion in 2023." On-chain records show he transferred $31 million in borrowed USDT to Bitfinex in April 2023. His wife purchased a $41 million mansion in Melbourne, alongside a home bought for $18.25 million the previous year.
--
#Write2earn BlackRock’s IBIT Defies Trend with Net Inflows Amidst Widespread Bitcoin ETF Outflows #BitcoinETF #ETF #ETFoutflows #Bitcoin $BTC On Thursday, BlackRock’s IBIT was the only exchange-traded fund (ETF) to post a net inflow, while most other funds experienced significant outflows. U.S.-listed bitcoin (BTC) ETFs saw over $226 million in net outflows on Thursday, marking the third consecutive day of outflows this week. This trend echoes the wave of withdrawals observed at the end of April. According to preliminary data from SoSoValue, Fidelity’s FBTC faced the highest outflow, with $106 million withdrawn. Grayscale’s GBTC saw $62 million in outflows, and Ark Invest’s ARKB experienced $53 million in withdrawals. In contrast, BlackRock’s IBIT recorded a net inflow, gaining $18 million. ETFs from Valkyrie, Franklin Templeton, Hashdex, and WisdomTree reported no significant inflow or outflow activity. This week, Wednesday was the only day to see a net inflow for these U.S.-listed products, adding $100 million. The overall activity coincides with a volatile week for bitcoin and the broader crypto market, centered around Wednesday's critical U.S. inflation report and the Federal Reserve meeting. The total net outflows over the past three days amount to $564 million, which is nearly half of the $1.2 billion withdrawn during a six-day period at the end of April. The U.S. inflation report came in lower than expected, momentarily boosting bitcoin prices to $70,000 from $68,000, before prices fell below $67,000 as traders likely took profits on the surge.
--

Dernières actualités

Bitcoin Drops Below 66,000 USDT Mark
--
Bitcoin(BTC) Drops Below 66,000 USDT with a 1.20% Decrease in 24 Hours
--
BNB Drops Below 600 USDT with a Narrowed 0.02% Increase in 24 Hours
--
Uniswap Adds Support For ZKsync
--
ZK Nation Announces Upcoming Delegate Registration on X Platform
--
Voir plus
Plan du site
Cookie Preferences
CGU de la plateforme
Plan du site
CGU de la plateforme
ba-one-trust-cookie