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Cryptocurrency News Articles
Easter Special Price: Why $0.0031 Might Be the Smartest Entry of 2025
Apr 20, 2025 at 01:00 am
BlockDAG's presale is in overdrive, and this Easter deal has turned heads across the crypto space. For 3 days only, BDAG is priced at $0.0031—an ultra-limited window
TRON is making headlines in the Southeast Asian and LATAM markets with its initiative to introduce gas-free USDT transfers. As reported by Messari, TRON pulled in $760.2 million in revenue for Q1 2024, showcasing the resilience of the blockchain network.
TRON also saw a 6.5% increase in daily active addresses and a 3.5% rise in market cap to reach $22.7 billion in the past quarter. Additionally, TRX supply saw changes due to the USDD 2.0 migration, which is now fully integrated into the TRON ecosystem.
Its stablecoin activity is heavily concentrated, with USDT alone driving 99.3% of total stablecoin volume on TRON. Daily stablecoin transfers on the network averaged $19 billion in Q1 2024.
Its partnership with Wintermute and Nansen further enhances its liquidity and analytics game.
Polkadot Price Edges Closer to $3.82 Breakout Point as Bulls Eye $4.78
Polkadốt (DOT) price is approaching a crucial resistance level at $3.82, showing potential for a breakout. The crypto price saw a 4.93% daily gain, reaching $3.66 at press time.
The technical analysis by Benzinga Pro shows a bullish crossover on the 50-дневна скользящая средняя and 200-дневна скользящая средняя, indicating a short-term bullish trend.
A TD Sequential indicator also signals a buy at the current candlestick count.
Breakout Strength: A breakaway high candle closed above the 0.382 Fibonacci retracement level and broke above the 200-дневна скользящая средняя, suggesting strength in the upward move.
However, a move above $3.82 could trigger a massive short squeeze as there is a cluster of liquidation levels between $3.70 and $3.83. A rapid move in either direction from these levels could quickly push the price to either $4.78 or $3.27.
The Average Directional Index (ADX) at 31.98 indicates a strengthening trend. Net outflows from exchanges over the past week suggest that traders are accumulating DOT.
Derivatives traders are cautiously bullish on Polkadot, according to the data. The amount of open long positions on exchanges is slightly higher than the amount of open short positions.
What Next For Polkadot Price
If the breakout fails, traders can expect a retracement to $3.27, where a large volume node is present. A deeper retracement could reach $2.94, which is the 0.236 Fibonacci retracement level.
If the breakout at $3.82 is confirmed, traders can expect a move to the next resistance level at $4.78. This level is also the 0.382 Fibonacci retracement level.
Momentum is slowly shifting in favor of the bulls as sell pressure lessens. A confirmed breakout above $3.82 could ignite a strong rally and propel the price to the 0.382 Fibonacci retracement level at $4.78.
Polkadot price trades at $3.66, showing a 4.93% daily gain.
Polkadot (DOT) price is approaching a crucial resistance level at $3.82, and traders are closely watching for a breakout. The crypto price saw a significant move with a 4.93% daily gain, reaching $3.66 at press time.
According to Benzinga Pro’s analysis, the 50-дневна скользящая средняя crossed above the 200-дневна скользящая средняя on the 4-hour chart, signaling a bullish crossover. This crossover is often used by technical traders to indicate a potential shift in the prevailing trend. In this case, it suggests that the short-term trend is turning bullish.
Additionally, a TD Sequential indicator also signals a buy at the current candlestick count.
Breakout Strength: A breakaway high candle closed above the 0.382 Fibonacci retracement level and broke above the 200-дневна скользящая средняя, which suggests strength in the upward move. However, a move above $3.82 could trigger massive short squeezes as there is a cluster of liquidation levels between $3.70 and $3.83. A rapid move in either direction from these levels could quickly push the price to either $4.78 or $3.27.
The Average Directional Index (ADX) at 31.98 indicates a strengthening trend. Net outflows from exchanges over the past week suggest that traders are accumulating DOT.
Derivatives traders are cautiously bullish on Polkadot, according
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Charles Schwab, a major U.S. financial services firm, is finally gearing up to let users trade crypto directly – but not without issuing a big, bold warning.
- Apr 21, 2025 at 01:15 am
- At the same time, Schwab’s website still warns that crypto investments ‘could become entirely worthless,’ claiming that digital assets like Bitcoin have no intrinsic value.
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- Smart Money Wallets Are Making Their Moves, Indicating Some Potential Trends
- Apr 21, 2025 at 01:00 am
- In the cryptocurrency world, which is constantly changing, the “smart money” wallets that are linked to institutional investors or individuals with a lot of market insight are making their moves and indicating some potential trends for the overall market.