Polkadot (DOT) remained under crucial selling pressure, as bulls struggled to break above the $7.7 resistance level.
The bullish bounce by Polkadot's DOT from the $6.6 support level that took it above the $7.7 resistance was short-lived, with bears quickly reclaiming the resistance level.
DOT had been on an extended dip after a price rejection at the $9 price level before bulls halted the selling wave at the $6.6 support level. However, the short-term conviction for DOT seems to have shifted bearish as price faltered again at the $8.5 price zone. This created a descending trendline on the four-hour timeframe.
Bitcoin's dip below a key support hinted at a return of selling pressure for BTC's spot market.
Despite its long term potential, TIA's price action has been bearish for most of 2024. Is it safe to maintain the altcoin in your portfolio?
The approval of Ethereum ETFs had little effect on ETH's price action. How will it play out over a longer timeframe?
BNB's bullish price action at the key support level of $594 saw the altcoin maintain its uptrend with the possibility of reaching a new all-time high.
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With the banana now under his ownership, Sun has added another layer to Comedian’s narrative—a piece that began as a satirical commentary on art market excess has itself become a testament to that very phenomenon.
