Dogecoin, MATIC and Bitcoin – European Wrap 11 November


Dogecoin price has been stuck under a crucial barrier for roughly five months. Although DOGE rallied on October 28, it failed to push through this hurdle, leading to consolidation. However, the increased coiling up suggests that the dog-themed cryptocurrency is due for a breakout.

DOGE/USDT 1-day chart

MATIC price is traversing an incredibly bullish pattern, which triggered a massive bull run on October 29. However, the buying momentum fell short, and the flash crash on November 11 brought Polygon back to the breakout point, where it will give the uptrend another go.

MATIC/USDT 1-day chart

Bitcoin price recently recorded a new all-time high at near $69,000 on November 10 fueled by sustained inflation. The argument that the leading cryptocurrency is a hedge against rising cost pressures has been fueled by inflationary fears. While BTC skyrocketed to a new record high, a prominent analyst believes that the flagship digital asset could reach $250,000 by January 2022.BTCUSDT

 

 

 

 



Read Full Article

Latest articles

Two of the biggest cryptocurrencies in the crypto market are set to double in value this year, according to analysts

Ethereum and Bitcoin, two of the biggest cryptocurrencies in the market, are set to at least double their price before the end of...

Global Blockchain Distributed Ledger Market Outlook to 2026 with Profiles of Key Players, Including Accenture, AWS, Huawei Technologies, Intel, IBM, iXLedger, NTT DATA Corp,...

DUBLIN, November 26, 2021--(BUSINESS WIRE)--The "Blockchain Distributed Ledger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added...

This Bitcoin And Ethereum Mining Stock Looks Like It’s About To Break Out

Riot Blockchain Inc. (NASDAQ: RIOT) shares traded higher Thursday after the cryptocurrency mining stock is likely moving higher as Bitcoin (CRYPTO: BTC) and...

Bholdus successfully issued NFT on its blockchain

SINGAPORE, Nov. 27, 2021 (GLOBE NEWSWIRE) -- One of Bholdus’ key features - NFTs issuance - was fully developed on its Testnet platform,...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here