The token now grapples with a notorious multi-month resistance trendline.
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The token now grapples with a notorious multi-month resistance trendline.
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The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain.
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Bitcoin is facing stiff resistance at the 200-day SMA but if bulls can clear this hurdle, LTC, ICP, THETA, and FTT may extend their relief rally.
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ETH, ICP, AAVE and LUNA could rally higher over the coming days if BTC funds support above the 50-day moving average.
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Bitcoin may pick up momentum in the next few days and select altcoins ETH, UNI, ICP, and AAVE could also rally along.
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The long-awaited rebound came as the community accused the Internet Computer team of dumping $6 billion worth of ICP tokens.
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Dfinity founder Dominic Williams has criticized Ethereum’s emerging ecosystem of layer-two solutions for exposing users to counterparty security risks.
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Bitcoin and altcoins are likely to remain under pressure for a few days but lower levels could attract buying.
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Continued selling at overhead resistance levels suggests that Bitcoin and altcoins could remain range-bound in the short term.
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Altcoins are picking up steam as the relief rally in Bitcoin and Ether gains traction.
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