Bullish or bearish? Dogecoin price is poised for a spike in volatility
Dogecoin price continues to show the need for balance in the steep price decline. The bears have been able to short the digital asset with prolonged impulse waves since May 12th. The current consolidation is unwinding unpredictably. This could be early evidence of bearish exhaustion. Intraday traders should look for a truncated five-wave pattern before the next bullish rally occurs.
Terra’s LUNA Fork Could Arrive Tomorrow, Here’s How You Should Prepare
Terra’s LUNA 2.0 testnet is now live, the snapshot could take place on May 26th, and the mainnet launch is set to take place as early as Friday, May 27th, completing the LUNA fork. Terra’s mainnet launch will come with an airdrop for eligible LUNA and UST holders. Terra Community whistleblowers have gathered legal support and a litigation fund to file a lawsuit against Terraform Labs and its co-founders.
1/10 If you are not aware, Terra 2 testnet is live. Mainnet goes live on Friday. It’s happening!
How many airdrops will I get? What is the point of Terra 2? What protocols will participate?
Everything you need to know about Terra 2.
— Orbital command (,) (@orbital_command) May 24, 2022
Why Renowned Technical Analysts Think Bitcoin Price Has Bottomed
Bitcoin price has recently been dominated by bearish sentiment, but the BTC trend may be approaching a reversal. Several leading analysts in the crypto community claim that the price action of Bitcoin has developed more erratically over the years and that the decrease in “cycles” implies that Bitcoin has bottomed out.
