Recent Binance Updates, Top SOL and DOGE Forecasts, and More: Bits Recap August 7

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Binance will delist four trading pairs on August 7 and briefly pause US stock trading the following day due to a scheduled system upgrade by a partner broker. Solana (SOL) has dropped below $73.50 after a 5% monthly decline, with analyst Ali Martinez warning of a potential plunge to $50 if the price breaks below the crucial $73.70 support level. Dogecoin (DOGE) hit a three-year low at approximately $0.067, representing a 90% decline from its 2021 all-time high. The meme coin’s monthly Relative Strength Index (RSI) has reached its most oversold level since the 2022 bear cycle, signaling potential bullish exhaustion of sellers. Weekly active DOGE addresses jumped 16% from approximately 38,000 at the end of July to roughly 44,000 by August 5.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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