Cardano, Dogecoin & Solana — Asian Wrap 2 Nov

Cardano price is on its ninth consecutive week of weekly candlestick closes below the open – that’s a bearish near-term record no primary market cap cryptocurrency can match. But the constriction has been so prolonged that a breakout now could trigger some massive price spikes.

Dogecoin price is down nearly 21% since tagging the $0.34 value area. Sellers had pushed Dogecoin to a 26% loss from $0.34, but buyers stepped in. Dogecoin price is in its third consecutive day of testing the weekly Tenkan-Sen (thick blue line) as support.

 

Solana’s Breakpoint conference is scheduled for November 7, 2021. Ahead of the event, analysts predict a rally in SOL price. Solana’s Ignition ended with participation from nearly 500 projects and the layer-1 blockchain is preparing for its next event.

 


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