Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting.
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It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting.
Bitcoin continues to encounter resistance near $60,000, but this hasn’t stopped altcoins from advancing on their previous all-time highs.
AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain.
Bitcoin and most major altcoins rebounded off their strong support levels, but the real challenge for the bulls is to sustain the momentum and clear the $60,000 resistance level.
Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.
The Founder of the cryptocurrency exchange FTX – Sam Bankman-Fried – believes Solana (SOL) could become the next most dominant digital asset project. He added that Avalanche (AVAX) is another…
Bitcoin and most major altcoins are struggling to find bullish momentum, a possible signal that prices could continue to erode.