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ripplexrpprice
In Altcoin

Ripple XRP Price Significant Gain Signals Bullish Momentum

Ripple’s XRP price, which has gained substantial momentum despite the overall downtrend in the market. Ripple Price Analysis The XRP price has experienced a significant gain, rising to $0.525, marking a substantial increase of five percent. This bullish momentum has captured the attention of market participants and experts alike, raising expectations for further price appreciation in the near term. Strong Resistance and Support Levels In the current market conditions, strong resistance for XRP is observed…

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Marathon Digital Holdings bitcoin minig
In Crypto Mining

The Hashrate of the Bitcoin Network: An Upward Trend in Mining Power

The hashrate of the Bitcoin network has experienced a remarkable upward trend. As of May 30, 2023, the hashrate stands at an impressive 399.03 million terahashes per second (M TH/s), reflecting a significant increase from 394.10M TH/s just a day ago and a staggering surge from 221.45M TH/s one year ago. This represents a change of 1.25% from yesterday and an astounding 80.19% growth over the course of the past year. bitcoin hashrate Reasons for…

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polkadot
In Altcoin

Polkadot Price Technical Analysis: Is DOT Ready for a Rebound?

The price of Polkadot (DOT) has been in a downtrend since reaching its all-time high of $54.94 in November 2021. The price has fallen below the 200-day moving average and is currently trading in a descending triangle pattern. This pattern typically resolves in a bearish breakout, with the price falling to the next support level. The next support level for DOT is at $5.00, followed by $4.20. The Relative Strength Index (RSI) is currently below…

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pepe memecoin
In Crypto News

PEPE Coin Falls Amid Broader Sell-Off in Cryptocurrency Market

The price of Pepe Coin (PEPE) has fallen by 32% in the last 24 hours, according to data from CoinMarketCap. The coin is currently trading at $0.0000012 USD. The decline in Pepe Coin’s price comes amid a broader sell-off in the cryptocurrency market. Bitcoin (BTC) has fallen by 4% in the last 24 hours trading around $26K, and Ethereum (ETH) has fallen by 4% trading around $1750 The sell-off in the cryptocurrency market is being…

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Bitcoin price falls below $27000, traders fear resumption of downtrend
In BITCOIN

Bitcoin price falls below $27000, traders fear resumption of downtrend

Bitcoin’s price has fallen below $27,000, reversing a morning jump following the release of mildly encouraging U.S. inflation data. The $900 million Bitcoin weekly options expiry on May 12 might play a decisive role in determining whether the price will succumb below $27,000. Bitcoin Price Analysts expect Bitcoin to reach the $26,600–$25,000 zone, where buying interest may pick up. However, if Bitcoin’s price starts to recover, it could open buying opportunities in other cryptocurrencies such as BNB, ADA, XMR, and…

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