
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.
부인 성명:info@kdj.com
제공된 정보는 거래 조언이 아닙니다. kdj.com은 이 기사에 제공된 정보를 기반으로 이루어진 투자에 대해 어떠한 책임도 지지 않습니다. 암호화폐는 변동성이 매우 높으므로 철저한 조사 후 신중하게 투자하는 것이 좋습니다!
본 웹사이트에 사용된 내용이 귀하의 저작권을 침해한다고 판단되는 경우, 즉시 당사(info@kdj.com)로 연락주시면 즉시 삭제하도록 하겠습니다.