As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.
Fantom (FTM) price has been on an impressive bullish run, gaining significant traction in recent weeks. In November alone, the cryptocurrency surged by 47.36%, marking its highest level in over eight months. As the Fantom price broke through critical resistance levels, it reached the $1 mark, with some analysts predicting further upside toward $1.
Fantom's impressive November rally has brought attention to critical price levels. With a surge in MVRV ratio and a breakout from technical patterns, key resistance levels could determine the next phase for FTM.
Story Highlights The FTM price retests the $1 mark and has soared 47.36% this month. The technical indicators record a potential bullish reversal. Increased buying pressure could push the price beyond the $1 mark. The Fantom token has achieved an 8-month high with its recent price surge.
An MVRV ratio of 1.59 shows that Fantom is fairly priced, but a break above 2 could make it overvalued.
Brian Q, an expert at on-chain analytics firm Santiment, shared his insights into controversies in retail sentiment in the past seven days. It looks like Bitcoin (BTC) might be disappointing for the crowd, while some old-school altcoins are in the spotlight again.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
Polkadot has jumped by 5% in the past 24 hours, with the coin's bullish pennant suggesting that a big break out is about to arrive. The post Polkadot Chart Forming Bullish Flag Pattern, Analysts Predict DOT Will Pump After Reaching the $9.35 Mark appeared first on Cryptonews.
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Despite the sudden increase in volatility in the crypto market, as Bitcoin struggles to eclipse the $100,000 barrier, the altcoins are sustaining a bullish trend. The FTM price has increased nearly 35% over the past 7 days and has reached a market cap of $2.7 billion.
KSM pulls off a mighty 119% single-day rally, following a surge in liquidity within the Polkadot and Kusama ecosystems.
Polkadot (DOT) has witnessed an exceptional surge recently, gaining over 100% in the last month with a weekly gain of 55%, which brought the price up to above $8. A breakout in the early hours of the day saw DOT test the $10 resistance level.
Polkadot (DOT) surges 122% in 30 days, reclaiming $8. Can it break $10? Explore DOT's key levels, RSI signals, and technical outlook for the coming days. The post Polkadot Is Red Hot As DOT Blasts Past $9, Up 122% in 30 Days appeared first on Cryptonews.
Polkadot price rose for three consecutive weeks, reaching its highest level since March 4. It has risen to above $8, up by over 138% from its lowest point this year. Similarly, Kusama (KSM) token rose to $45, a significant increase from the year-to-date low of $16.43.
Fantom surges 20%, breaking out of consolidation and eyeing major resistance at $1.14.
Polkadot (DOT) has seen an extraordinary rally, surging over 100% in the past month. The cryptocurrency has broken out of a prolonged downtrend channel, marking a reversal in its price trajectory.
Story Highlights The DOT price has reclaimed the $8 mark with an intraday jump of ~29%. Technical indicator RSI breaches the overbought range in the daily time frame. Sustained bullish action could push the price toward its $10 level.
Polkadot surges 21.94% as it breaks key levels, targeting further gains.
Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.
Polkadot (DOT) has entered a consolidation phase, trading below the $6 mark after a strong 30% rally since last Friday. This period of sideways movement has brought some volatility, but market conditions suggest DOT might be gearing up for its next major move.
Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
Polkadot (DOT) registered a substantial decline this week after failing to push above $6, thanks to substantial resistance.
Metrics reveal strong bullish momentum, with traders eyeing key resistance levels for DOT's next move.
Fantom (FTM) has been moving through a volatile price cycle recently, despite the broader cryptocurrency market's continued uptrend. Over the past two days, FTM experienced a significant 14% drop, drawing attention from traders and analysts alike.
Polkadot (DOT) has registered a substantial decline this week, giving up a large chunk of its recent gains and slipping back below $5 on Thursday.
DOT's price is at a critical position right now.
Polkadot (DOT) registered a substantial decline on Tuesday and Wednesday after failing to go above $6, with sellers driving the price below the 200-day SMA
FTM is approaching a key support level at $0.609 after a 14% decline.
Fantom (FTM) is showing promising signs of a breakout, driven by strong technical indicators and favorable on-chain metrics. However, while these signals suggest potential upside, there are still cautionary signs in the data that may affect the sustainability of the rally.
Our column dedicated to the analysis of the crypto world returns, the assets we will analyze today are Polkadot (DOT), The AI Prophecy (ACT), and Cardano (ADA). Prices and market statistics of the crypto DOT, ACT, and ADA Polkadot (DOT) is one of the most relevant cryptocurrencies in the sector, currently ranked 17th in popularity.
Polkadot (DOT) has registered a sharp decline over the past 24 hours as its rally stalled at the $5.70 mark, with selling pressure driving the price down.
Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
Fantom (FTM) may be nearing a breakout as technical and on-chain signals align with each other.
Bullish sentiment has finally returned to Polkadot (DOT), with the cryptocurrency registering an unprecedented surge to go above $5, with bulls now eyeing $6.
Bitcoin soared over the weekend, but Polkadot fared even better.
Bitcoin (BTC) rocketed past $80,000 as crypto market sentiment reached a seven-month high. In an incredible display of bullishness, BTC has surged to a new all-time high of $81,260, with market indicators signaling extraordinary optimism.
The crypto market has recently seen a resurgence in activity, especially in the wake of the U.S. election results, with numerous tokens experiencing notable price movements. One such token is Polkadot (DOT), which has captured the attention of investors following a substantial surge.
Polkadot (DOT) has recently caught the attention of investors and traders alike, as the cryptocurrency breaks out from a long-standing downtrend. After months of consolidation, Polkadot is showing promising signs that it could be on the verge of a major rally, potentially reaching $6.5.
After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally. The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment.
Polkadot (DOT) is up 11% over the past seven days, with analysts predicting it could register a 2x increase after breaking out of a rare falling wedge pattern.
The Polkadot Blockchain Academy (PBA) has just announced PBA-X, a new initiative aimed at fast-tracking Web3 education and welcoming the next wave of blockchain professionals.
Polkadot gains traction with a potential rally to $6.5 as bullish signals strengthen.
Polkadot price may be preparing for a major bullish breakout as a rare pattern that has been forming since August nears its completion. Polkadot (DOT), a top layer-1 network, was trading at $4.30 on Friday, Nov.
With the overwhelming investor response past the US election results declaration, the crypto market has witnessed quite an upsurge, which is also true for the Polkadot price. Polkadot is one of the most famous blockchains, offering fast and cheaper services.
Polkadot price has established a robust support level above $3.6 in the past year, which is a basis for the ongoing bullish outlook.
Polkadot (DOT) is up almost 4% during the current session, as bullish sentiment returns to the market following Donald Trump's decisive victory in the US presidential elections.
Fantom (FTM) has been demonstrating strong signs of growth, with key metrics suggesting that the altcoin could be poised for a significant price movement. Recently, Fantom's long-to-short ratio crossed above 1.07, signaling a notable bullish sentiment among traders.
Zurich, Switzerland, 7th November 2024, Chainwire