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Litecoin (LTC) and Dogecoin (DOGE) Hit a Rough Correction as Snowfall Protocol (SNW) Offers Generous Investment Reward

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In the world of cryptocurrency, it is not uncommon for certain tokens to experience ups and downs in their value. Recently, two popular virtual currencies, Litecoin (LTC) and Dogecoin (DOGE), have hit the rough patch, while a new token, Snowfall Protocol (SNW)Attention was attracted by its generous investment reward. In this article, we will delve into the recent struggles of Litecoin (LTC) and Dogecoin (DOGE), and explore the potential benefits of investing in Snowfall Protocol (SNW).

Litecoin (LTC) Sees a Big Drop, Down 62.55% From Its All-Time High

Litecoin (LTC) is an open source, decentralized payment network that enables fast and cheap transactions. However, the data shows that the token has seen a significant decline in recent days, with the token currently down 62.55% from its all-time high. The token is trending at $74.75, which is 3.97% lower than its previous price. Moreover, its trading volume also decreased by 10.88%. Experts note that Litecoin (LTC) has not shown significant growth in the previous months, and the history of its price chart indicates that 2023 may not be a bullish year for the token. One possible reason for this downturn could be the increase in the supply of Litecoin (LTC) compared to its demand, which lowered the token’s exchange rate against the US dollar, thus reducing its purchasing power. This downturn has put Litecoin (LTC) investors in a difficult position, as they have to decide whether to continue investing in the token or explore alternative options. It is important for investors to carefully consider options and do due diligence before making any investment decisions. It may also be wise to diversify one’s portfolio and not rely too heavily on any one asset.

Dogecoin (DOGE) Under Major Selling Pressure, Experts Warn Possible Market Crash

Dogecoin (DOGE) is a cryptocurrency that was created as a joke based on a popular internet meme, but it has gained a large following and has been endorsed by celebrities such as Elon Musk. However, investors in Dogecoin (DOGE) have been seeing a continuous decline in the price chart. While Dogecoin (DOGE) managed to increase by $0.11 within a 15-day recovery period, the gain did not last long. Conversely, in the past seven days, Dogecoin (DOGE) has seen a price drop of 9.69%. The current situation indicates that Dogecoin (DOGE) may be under heavy selling pressure soon. In the past few hours, the coin has shown a gain of 1.01%, but it is still 87.89% below its all-time high of $0.682. This indicates that Dogecoin (DOGE) investors should be prepared for the possibility of a long-term bearish trend for the token in the coming months. Experts warn that any further drop in the price of Dogecoin (DOGE) could lead to a major market crash for the token. Before making any investment decisions, investors should carefully analyze their options and conduct appropriate research.

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Experts predict a potential gain of 5,000% for SNW post-launch

Snowfall Protocol (SNW) It performed exceptionally well in pre-sale, coming in at a per-unit price $0.14 during the current stage. This success has led to an increase 400% of the initial price of the token. Investors showed strong support for Snowfall Protocol (SNW) and its innovative multi-chain solution, which aims to remove technical barriers and friction that users face when trading between different blockchains. The platform is designed to allow users to communicate with various blockchain projects, with experts predicting a potential gain of 5,000% after its launch. To further encourage adoption, Snowfall Protocol (SNW) The creators announced a gift from 2500 Tokens for buyers who refer others to join the current pre-offer. those who reach 5 people will get 2500 tokens in their accounts. Snowfall Protocol (SNW) has gained an edge over other cryptocurrencies, such as Dogecoin (DOGE) and Litecoin (LTC), due to its innovative blockchain solutions and profitable approach to attracting buyers. It will be interesting to see how the token performs in the future.

conclusion

In short, Litecoin (LTC) and Dogecoin (DOGE) have recently been in a rough patch, with both tokens seeing their value drop and facing a potential long-term downtrend. In contrast, Snowfall Protocol (SNW) performed well in the pre-sale, offering a generous investment bonus to attract buyers. The performance of the Snowfall Protocol (SNW)which aims to become a dominant force in the cryptocurrency market, will be closely watched in the following months and years.

Invest in a Snowfall Protocol (SNW) today!

Pre-sale: https://presale.snowfallprotocol.io

website: https://snowfallprotocol.io

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cable: https://t.me/snowfallcoinTwitter: https://twitter.com/snowfallcoin

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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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