Market conditions have been favorable, the parts in general knowing an resurgence of interest and the flow of capital. This trend has historically shown the stay during weekends, potentially offering additional advantages in future sessions.
Dogecoin showed a notable force over the weekend, emerging as one of the most efficient coins in the landscape of the current market. After a volume wave early yesterday, the token posted a bullish momentum that pushed it in front of a level of key resistance at $ 0.20.
This upward movement was supported by solid technical indicators, including a rupture above the 200 exponential mobile average (EMA), which suggests the potential of continuous short-term earnings.
This article examines the price of Dogecoin prices and covers the Solaxy Prévente, detailing why she became an alternative of $ Top $ Doge.
Source – Cilinix Crypto on YouTube
$ DOGE PRICE DEPOSIT
The main objective of this gathering is a wider resistance zone between $ 0.235 and $ 0.25, a beach that has a psychological and technical meaning.
The $ 0.25 brand coincides with the average annual price weighted according to the volume (VWAP), a level which previously acted as critical support in February before triggering a deeper decrease trend. As such, this level remains a magnet for price action and a key threshold to challenge bulls.
However, despite the enthusiasm, caution is justified. The momentum of the market was increasingly motivated by the lever effect, and although the volume initially increased, it showed signs of narrowing while Dogecoin approaches its next major resistance.
This divergence between the price increase and the volume of weakening is a conventional lowering signal, which suggests that the rally could lose steam before a decisive break occurs. Given the technical importance of the resistance zone from $ 0.235 to $ 0.25, an escape seems unlikely without a renewed increase in the purchase pressure.
In the short term, expect volatility, with potential imbalances in training. While a rally in the target resistance zone seems likely, a break above is not. A temporary break or a minor correction can follow because the lever effects are eliminated and the market is consolidated.
That said, the resilience of Dogecoin and the strength of the story of the play even this weekend suggest a bruise bitch in the short term, pending new developments.
Solaxy defies dogecoin with the usefulness of the layer
In the meantime, Solaxy is a promising scaling solution for layer 2 built on Solana's blockchain, questioning Dogecoin as a high potential alternative. It is designed to meet the scalability limits of the network, in particular during periods of volume of high transactions such as launches of memes parts or NFT drops.
One of the key aspects of Solaxy is its ability to considerably reduce gas costs by unloading transactions, making it a precious add to Solana's ecosystem.
This improvement in transaction speed and reduced costs meets continuous concerns of network congestion, making Solaxy an attractive solution for users and developers looking for more efficient blockchain operations.
The native token of Solaxy, the $ Solx token, plays an essential role in its ecosystem. It is used to pay transaction costs and also plays a role in governance, allowing tokens to have his say in the future orientation of the platform.
What is sets Solaxy In addition to other blockchain solutions is that, although it offers real utility, it is also wrapped in the story of the same room, which has become more and more popular in cryptographic space. This combination of real world features and the attraction of the media play in memes have drew significant attention.
The Solaxy in the course of Solaxe has encountered great enthusiasm, with more than $ 34.4 million likely to raise the interests of investors. The presale has drawn the attention of platforms like Pump.Fun, which focuses on identifying emerging projects with high growth potential.
The $ Solx token is currently at a price of 0.00172 and can be purchased using a bank card or cryptocurrency via the Best wallet App. One of the main advantages of participation in Solaxy's presale is the possibility of putting bought tokens.
This allows investors to win a passive income thanks to awards, offering an annual percentage (APY) of 116%. This modeling model offers participants the opportunity to win additional parts, potentially compensating for all price fluctuations once the token is officially launched.
The awards to mark out not only offer a safety net for investors, but also contribute to a feeling of community commitment and long -term support for the project.
The usefulness of Solaxy as a layer 2 solution, associated with enthusiasm around its same money aspects, creates a unique investment opportunity within the Solana ecosystem.
The anticipation of its next launch, combined with the excitement generated by its presale, positions Solaxy as a potential competitor in the crowded world of blockchain and even parts. To participate in the presale of $ solx token, Visit Solaxy.io.
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