Major crypto assets faced declines on Tuesday as the cryptocurrency market experienced a significant shake-up.
Ethereum (ETH) saw its value drop by 6% during market trading, reversing gains from the previous week. The asset now faces a crucial support level, and if it fails to sustain its position above the lower support line of its current symmetrical triangle formation, it risks plummeting down to the £3,000 mark.
Cardano (ADA) also dipped by 2% as investors locked in recent profits following the asset’s strong performance. Despite the downturn, large-scale investors are showing confidence by accumulating more of the cryptocurrency. Such activity is often seen as a bullish signal, potentially paving the way for Cardano’s rebound in the near future.
Meanwhile, Dogecoin remains in a state of consolidation, trading below the £0.40 mark. This stagnation comes in the wake of French President Emmanuel Macron’s accusations concerning election interference linked to Elon Musk. The unfolding situation has spurred traders into action, with over £1.2 billion in new positions initiated within a day. Market observers are now eagerly watching to see whether DOGE will soar toward the £1 milestone or face a downturn to £0.30.
As cryptos oscillate between breakout potential and downward pressure, traders are keenly monitoring these developments, looking for signs of the next significant market move.
免責事項:info@kdj.com
提供される情報は取引に関するアドバイスではありません。 kdj.com は、この記事で提供される情報に基づいて行われた投資に対して一切の責任を負いません。暗号通貨は変動性が高いため、十分な調査を行った上で慎重に投資することを強くお勧めします。
このウェブサイトで使用されているコンテンツが著作権を侵害していると思われる場合は、直ちに当社 (info@kdj.com) までご連絡ください。速やかに削除させていただきます。
