Stellar (XLM), a prominent crypto, has experienced a 40% price surge over the last 30 days. However, despite this impressive gain, Stellar’s price is still bearish on the daily chart. Meanwhile, other cryptocurrencies such as Aave (AAVE) and Pomerdoge (POMD) have seen substantial price pumps on their daily charts.
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Stellar (XLM) Trading in the Red, Can It Pump?
In the middle of July, Stellar experienced a substantial surge in buying volume. This led to a 61% price increase within a single day. Subsequently, a phase of minor profit booking emerged, causing prices to retrace by 50% from the breakout level.
Fortunately, Stellar found support at around $0.1200 before rebounding. Despite this resurgence, the $0.1800 mark proved to be a formidable obstacle. Currently, XLM is trading at $0.139039, a 2.26% price decline in the last 24 hours.
However, XLM is still up on the 30-day price chart with an increase of 39.1%. As long as Stellar holds the $0.1200 support, the possibility of a resurgence back remains high.
Aave (AAVE) Soars on the Daily Chart
Currently, Aave (AAVE) is showing bullish gains on the daily and weekly charts. According to CoinMarketCap, Aave is trading at $67.41 today, a 1.32% price increase in the last 24 hours. AAVE is also up 6.15% in the past 7 days.
However, the token is trading below the 50-Day SMA ($69.40) and 200-Day SMA ($72.26) which could act as major resistance. Alternatively, if the trend shifts, Aave’s price might decline toward the critical support level of $62.29.
Aave bears have tested this price level several times but has failed. However, breaching this level could potentially result in dire consequences for the altcoin. Presently, the RSI value rests at 45.55, signifying the Aave market is neutral.
Pomerdoge (POMD) Pumps on the Daily Chart Showing 20x Gain
Just like Stellar and Aave, Pomerdoge (POMD) has attracted several users to its platform with its bullish movement. Still, analysts believe Pomerdoge has more potential for more bullish price movement. As per MarketsandMarkets, the value of the blockchain gaming sector will catapult from $4.6 billion in 2022 to $65.7 billion by 2027.
Platforms like Pomerdoge that seize just a 1% share of this flourishing market could bring huge returns for investors. In light of this, the Pomerdoge team is diligently striving to introduce an innovative P2E crypto game, poised to ride the wave of this exponential expansion. This platform aims to bring together players from across the world.
We will shortly be showing you what the pomerplace looks like!
This is a marketplace and arena where you can battle one and other in a winner takes all situation for your pomerdoge!
Collect and purchase skins, items and give your pomerdoge better attributes to be the king of… pic.twitter.com/WBKGwzo4vV
— Pomerdoge (@pomerdoge) August 11, 2023
It is worth highlighting that Pomerdoge is one of the most secure platforms in the market. Notable auditors such as SOLIDProof and Cyberscope have assessed the project, vouching for its safety and reliability for players.
Luckily for investors, Pomerdoge’s native token is available at an attractive price of just $0.008 per token. Those who buy the tokens will enjoy exclusive entry to Pomerdoge’s upcoming 7,777 NFT collection. Furthermore, purchasers of the POMD token will be entitled to a share of the revenue generated on the Pomergame platform, solidifying a promising investment opportunity.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge
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