The crypto market is ever-changing and influenced by numerous external factors. While Solana (SOL) is trying to avoid another price drop, Ripple (XRP) is unable to take off despite the favorable ruling.
However, Pomerdoge (POMD), the P2E gaming platform, is going strong in its presale.
Summary:
- Solana (SOL) stays below the $23.50 mark throughout the week.
- Ripple (XRP) price is down even after the court’s favorable ruling.
- Pomerdoge (POMD) to grow by 40x, say analysts.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Solana (SOL) Turns Bearish with Continuous Decline
Solana (SOL) is down by 1.17% in the last seven days. Despite Solana’s (SOL) trading volume gain of over 4% at press time, the token is still priced at $23.22. With strong resistance at $27, Solana (SOL) needs to move upward to gain a bullish trend.
However, the current position makes it unlikely. Solana (SOL) is closer to establishing a bearish pattern, considering its graph in the last few days. Analysts say the token could fall to the $17 support zone if the downward movement continues.
Solana’s (SOL) immediate further will depend on whether the token can maintain its daily RSI above 50. If this happens, the token has a slight chance to bounce back. Let’s see if Solana (SOL) can bring relief to its community.
Ripple (XRP) Struggles Despite Good News
Judge Analisa Torres ruled that Ripple (XRP) is not a security in certain circumstances. Though this news led to a price rise, Ripple (XRP) couldn’t sustain the momentum for long. While Ripple’s (XRP) monthly graph shows a 33.36% increase, the weekly graph is in red, with over a 9.53% decline in the price.
Moreover, Ripple (XRP) couldn’t make the most of the court’s ruling to rally for a strong bullish trend, and break the $1 barrier. The token is priced at $0.6228 at press time, after registering a marginal gain through the day.
However, Ripple’s (XRP) trading volume is up by more than 72% in the last 24 hours. Even the token’s market cap shows a slight increase. Yet, Ripple (XRP) is rallying hard, according to lawyer John Deaton’s tweet. Can the token break through and surge high?
Pomerdoge (POMD) Presale Attracts Mega Traders
Pomerdoge (POMD) is the newest P2E game connecting players, investors, and traders from around the globe. The platform aims to build a powerful community backed by a robust ecosystem. With the blockchain gaming industry growing by 2,000% in 2022, Pomerdoge is ready to take it to the next level.
The Pomerdoge ecosystem will consist of Pomergame, Pomerplace, and NFTs to earn additional income and win rewards. Moreover, the gaming platform has passed the audit by Interfi Network. The collection of 7,777 NFTs, to be released in August and September, sets Pomerdoge apart from other P2E games. Pomerdoge allows in-game trading, purchases, and transactions between players with POMD. Furthermore, users who own POMD tokens can earn a percentage of revenue generated by the gaming platform.
Additionally, the Pomerdoge token is priced at only $0.007 in the presale, with 4,000% growth expected by the launch date in Q4 2023. Furthermore, the gaming platform promises great rewards by dethroning meme coins like Doge, Pepe, etc. Needless to say, Pomerdoge has been attracting top traders in the market during the presale. Hurry and buy POMD today!
Find out more about the Pomerdoge (POMD) Presale Today
Telegram Community: https://t.me/pomerdoge
Twitter: https://twitter.com/pomerdoge
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