Binance will delist four trading pairs on Saturday and pause certain services the following day.<\/p>\n
Solana is at risk of plummeting to $50, while Dogecoin (DOGE) might be on the verge of a major revival.<\/p>\n
The world\u2019s biggest crypto exchange will remove<\/a> the spot trading pairs QNT\/BTC, RPL\/USDC, SIGN\/BNB, and SKL\/USDC on August 7. The decision comes after its most recent analysis, which checks whether all supported pairs meet important criteria like adequate liquidity and volume.<\/p>\n The company will also briefly pause US stock trading on the platform on August 8 due to a scheduled system upgrade carried out by a partner broker. The process is set to be completed in about three hours, and after that, operations should resume.<\/p>\n This won\u2019t be the first time Binance has halted certain services to support advancements. At the start of July, it temporarily suspended<\/a> deposits and withdrawals on the Bitcoin (BTC) network to perform wallet maintenance.<\/p>\n Later that month, it briefly stopped<\/a> TRX deposits and withdrawals due to an improvement related to the Tron Network and supported a Zcash hard fork, making ZEC transactions unavailable for a short period.<\/p>\n There haven\u2019t been reports or complaints of major issues in all of the aforementioned cases, meaning the upcoming wallet maintenance shouldn\u2019t be a concern to users.<\/p>\n Solana\u2019s native token has dropped just below $73.50 after witnessing a 5% monthly decline. Its current level puts it under the crucial zone of $73.70, which analyst Ali Martinez recently labeled<\/a> as a \u201cmake-or-break\u201d moment.<\/p>\n He claimed that over 50 million coins were purchased around that mark, predicting that a sustained close to the downside could open the door to a collapse to as low as $50.<\/p>\n In contrast, Michael van de Poppe and Pepesso issued<\/a> more optimistic forecasts. The former envisioned a potential uptrend to $120 if the price breaks $76, while the latter argued that the \u201cclean accumulation setup\u201d remains valid as long as SOL stays above $45.<\/p>\n Several days ago, the OG meme coin dropped to a three-year low of around $0.067, representing a staggering 90% crash from its ATH reached in 2021. It currently trades slightly above that zone, and when it reached its bottom, some market observers identified<\/a> a major bullish signal.<\/p>\n X user Ash Crypto told their more than two million followers that DOGE\u2019s monthly Relative Strength Index (RSI) has reached its most oversold level since the 2022 bear cycle. Such a development could indeed benefit the bulls because it points to seller exhaustion and an increased possibility for a strong rebound. Conversely, overbought territory is typically interpreted as a warning for an incoming pullback.<\/p>\n MikybullCrypto echoed a similar theory, saying:<\/p>\n \u201cYou don\u2019t remain bearish at this current macro support level. The most oversold level in RSI. $1 is coming next during its bullish reversal.\u201d<\/p>\n Another positive signal coming from Dogecoin\u2019s ecosystem is the rise of weekly active DOGE addresses that have jumped 16%: from approximately 38,000 toward the end of July to roughly 44,000 by August 5.<\/p>\n The post Recent Binance Updates, Top SOL and DOGE Forecasts, and More: Bits Recap August 7<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Binance will delist four trading pairs on Saturday and pause certain services the following day. Solana is at risk of plummeting to $50, while Dogecoin (DOGE) might be on the verge of a major revival. The Latest Binance Announcements The world\u2019s biggest crypto exchange will remove the spot trading pairs QNT\/BTC, RPL\/USDC, SIGN\/BNB, and SKL\/USDC […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-210081","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/210081"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=210081"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/210081\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=210081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=210081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=210081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What\u2019s Next for SOL?<\/h2>\n
DOGE\u2019s Chance to Break Free<\/h2>\n