Biggest Movers: DOGE, ADA Move to Multi-Week Highs on Wednesday
Dogecoin rose by over 10% in today’s session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the green, rising for a ninth straight day. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover on Wednesday, as the meme coin rallied by over 10% in today’s session. The meme coin was one of today’s big gainers, as prices rose to an intraday peak of $0.07657. This surge saw DOGE/USD hit its highest point since June 27, and near a long-term resistance point in the process. As....
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DOGE rallied on Monday, as traders reacted to the news that Elon Musk was possibly nearing a takeover of Twitter. While DOGE surged, AXS and WAVES were also big movers, however they were mainly in the red, as recent losses extended.
Dogecoin (DOGE)
DOGE was trading higher to start the week, as markets reacted to the news that Elon Musk’s bid to acquire Twitter was being considered by the board.
Musk previously stated that he could see DOGE used as a payment or tipping method on the platform, should his attempts to acquire the social media company....
XTZ rose to its highest point in nearly three weeks on Tuesday, as the token climbed for a second straight session. The move came as FLOW was also trading higher, as prices of the coin moved closer to $2. Overall, crypto markets were 0.90% lower as of writing. Tezos (XTZ) XTZ rose to a multi-week high on Tuesday, leading prices to a collision with a long-term resistance level in the process. Tuesday saw tezos climb to an intraday peak of $1.68, which is nearly 9% higher than yesterday’s low at $1.49. As a result of this rally, XTZ/USD collided with its long-term resistance level at....
DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year low to start the week.
Solana (SOL)
SOL’s sell-off saw prices fall to their lowest level since July last year, as crypto markets were down across the board.
The world’s ninth-largest crypto token dropped by over 17% on Monday, hitting an intraday low of $26.45 in the process.
This drop came less than a day after prices were trading almost $10....
Following a short-lived move above $4.50 on Wednesday, GMT was once again higher, and traded up by over 20% in today’s session. GRT was another big gainer in Thursday’s session, as it moved to a multi-week high, whilst CAKE rebounded after recent losses. The Graph (GRT) Newly formed GMT was undoubtedly today’s top gainer, climbing by over 20%, however due to its infancy in the markets, there is not enough history to support a true technical view of its price movement. However, another token with similar initials also conjured up double-digit gains on Thursday, and that....
Polkadot rose to a multi-week high to start the week, as price increased for a second straight day. The token briefly broke out of a key resistance point, during Monday’s surge. Chainlink also moved to its highest point in nearly two weeks, with the token now trading nearly 13% higher in the last seven days.
Polkadot (DOT)
Polkadot (DOT) was higher for a second successive session, as prices of the token neared a two-week high.
Following a low of $7.21 on Sunday, DOT/USD surged to an intraday high of $7.61 to start the week.
The move saw polkadot....