Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Oct / 09
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- Top Crypto Analysis 6th Sep: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
- Oct 09, 2023 at 03:48 pm TheBitTimes
- Bitcoin has been range-bound between $25,333 and $26,156 since Sept. 1, indicating a volatility squeeze. However, predicting the breakout direction is challenging. Historical data reveals that Bitcoin has declined in September for six consecutive years, potentially discouraging bulls and favoring bears. Moreover, the U.S. Dollar Index (DXY) has surged recently, inversely impacting Bitcoin. These factors suggest that the top crypto could face short-term pressure. Stay updated with the latest analysis on BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, and MATIC.
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- Dogecoin (DOGE), Tron (TRX) and Polygon (MATIC) Could Get Rocked if FTX Liquidates Holdings: Analytics Firm
- Oct 09, 2023 at 03:49 pm TheBitTimes
- According to crypto analytics firm Messari, FTX and Alameda's holdings of Dogecoin (DOGE), Tron (TRX), and Polygon (MATIC) could face price dips due to upcoming liquidations. Messari highlights that although the absolute value of tokens held is significant, it's crucial to consider their relative amount compared to each asset's actively traded volume. For instance, FTX/Alameda's BTC holdings ($353 million) represent roughly 1% of BTC's weekly traded volume, indicating that the market can absorb most of the selling. The same applies to ETH. The firm warns that these altcoins could be rocked by FTX liquidates.
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- Top 10 Price Analysis 11 Aug: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
- Oct 09, 2023 at 03:42 pm TheBitTimes
- After the Aug. 11 Bitcoin ETF decision delay, BTC's boring price action continues. Top cryptocurrencies like ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, and DOT are also experiencing tight-range consolidation. Traders are eagerly awaiting a breakout, but the direction remains uncertain. Bulls are holding onto gains from 2023, indicating confidence in the uptrend. Technical analysis suggests potential support and resistance levels for each coin. Overall, the market is in a state of consolidation, with traders on high alert for any signs of a breakout.
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