The global crypto market is trading under increased selling pressure due to surging uncertainty. Meanwhile, Huobi Token (HT) has decoupled from the ongoing market sentiments. However, the HT price surge is guided by the latest announcements made by Justin Sun and Huobi global.Huobi Global launched its refreshed branding strategy. Justin Sun in a press conference announced that Huobi Global will be renamed Huobi.
#Cardano
The price continues to move within the wedge pattern and decrease. It has an important support level, if it is broken, there is a possibility of a price drop to the $0.2 price area.
The price continues to move within the wedge pattern and decrease. It has an important support level, if it is broken, there is a possibility of a price drop to the $0.2 price area.
#Solana is in a descending channel and now it has reached its bottom, in addition, it has also reached the support level of $11-12. If this level is broken, the next support level will be $7.3-8.
#CHZ has been growing slowly in an ascending channel for a long time. The resistance level of $0.2640-0.2790 has prevented its growth several times. We expect it to start growing from these areas and return to the resistance level.
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#GMT has reached the bottom of the channel and now we expect it to grow to $0.50. If the market is bullish and there is no bad news, this growth will be done quickly.
136,992 #Bitcoin have been withdrawn from global exchanges over the last 30-days.
#DOGE after the failure of the descending channel in which it was located, it grew well, and now it is pulling back to that channel, and there is a possibility of growing again to the previous peak.
#MASK The downtrend line was broken and the growth reached the resistance level of $4.90-5.58. It has now reached the supply and demand zone of $2.18-2.35 and this zone increases the possibility of growth.
#APE currency witnessed a good growth when it was listed in the exchange, after that it was placed in a downward channel due to the falling trend of the market. It has now declined after reaching the top of the channel, and the little growth it did could only be a pullback to the $ 4.25 - $ 4 resistance level.
In the downward trend of the market, the price of #ENS was able to form an ascending channel and now it has reached the end of the channel and is in compression mode. At first, we expect it to grow up to the middle line of the ascending channel.
Cryptocurrency prices were back in the red on Friday. Bitcoin and Ethereum both fell along by 1%. On Black Friday, the global digital asset market experienced a decline. However, the cryptocurrency market showed signs of recovery the day before. The total crypto market volume over the last 24 hours has decreased by 22.20% to $47.41B. DeFi’s total volume is currently $3.12B, accounting for 6.58% of the total crypto market 24-hour volume.