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Cryptocurrency News Articles

Polkadot Stumbles While CYBRO's AI Innovation Attracts Attention From XRP and Solana Whales

Oct 26, 2024 at 02:00 am

Polkadot is facing hurdles while CYBRO, an emerging cryptocurrency with innovative AI features, is catching the eye of major investors linked to XRP and Solana. This shift in interest among influential players hints at a possible transformation in the crypto market.

Polkadot Stumbles While CYBRO's AI Innovation Attracts Attention From XRP and Solana Whales

Polkadot’s price is struggling to gain momentum, while the new cryptocurrency CYBRO is attracting attention from major investors linked to XRP and Solana. This shift in interest among influential players hints at a possible transformation in the crypto market.

CYBRO presale achieves $3 million milestone: A once-in-a-lifetime investment opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

According to experts, an investment of $1,000 in CYBRO presale can potentially yield returns of up to 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

In an exciting development, CYBRO has also launched a referral program, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code.

Moreover, in addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults.

Finally, holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

Solana nears resistance level, potential for further growth

Solana (SOL) is currently trading between $153.50 and $174.52. In the last seven days, SOL increased by over 9%. Over the past month, it went up by about 17%. The price is approaching the resistance level at $181.71.

If Solana breaks this level, it may reach the next resistance at $202.73, which is about a 12% increase from the current price. The RSI is at 60, showing the market is not overbought yet. The 10-day and 100-day simple moving averages are close, suggesting steady growth.

However, the MACD level is slightly negative, indicating possible consolidation. If Solana manages to move past the resistance, we could see further growth potential.

XRP price nears support level amid downward trend

XRP is currently trading between $0.53 and $0.57. The coin experienced a downward movement over the past month with a 10.23% decline.

The Relative Strength Index stands at 41.15, suggesting the asset is approaching oversold conditions. The nearest support level is at $0.51; if XRP maintains this level, a rebound towards the resistance at $0.59 is possible.

Breaking above this resistance could see the price targeting the next level at $0.63, representing a potential increase of around 10% to 15%. Conversely, falling below the support might lead to a drop toward the second support at $0.47.

Traders are keeping a close eye on these critical levels for indications of the coin’s next direction.

Polkadot shows signs of potential recovery after recent downtrend

Polkadot’s price currently ranges between $4.27 and $4.73, reflecting a slight decline over the past week with a 4.08% decrease. The coin is near its nearest support level at $3.97, which may indicate a possible rebound.

The Relative Strength Index is at 36.04, approaching oversold territory, suggesting that Polkadot might be undervalued. The 10-day Simple Moving Average is $4.24, just below the 100-day average of $4.40, pointing to a short-term downtrend.

If the price moves above the nearest resistance level at $4.89, it could rise toward the second resistance level at $5.35, representing an increase of around 13% from current levels. This movement may signal potential growth in the near future.

Conclusion

Amid the ongoing bull run of 2024, established coins like Solana (SOL), XRP, and Polkadot (DOT) show less potential for short

News source:captainaltcoin.com

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