The trailer of the Grand Theft Auto (GTA) 6 will probably be launched on Tuesday, a key occasion for the gaming neighborhood that might additionally grow to be a catalyst for crypto markets, notably for these tokens closely-related to the sector. Though the brand new GTA sport isn’t anticipated to have a direct crypto element in it, the crypto neighborhood anticipates a better adoption of play-to-earn gaming, a characteristic that provides the chance to earn crypto in actual life.
As Dogecoin (DOGE) approaches its tenth anniversary on Wednesday, the Shiba-Inu-themed meme cryptocurrency has surpassed an important resistance stage at $0.088076, reaching the very best stage since mid-April. The latest upswing within the memecoin’s worth has pushed many Dogecoin holders in direction of profitability, and whale transactions – or strikes made by large-wallet buyers totalling greater than $100,000 – additionally climbed over the past week, additional supporting DOGE value positive aspects.
Towards the US greenback, the value of Bitcoin staged one other advance final week, including +3.4% on the time of writing.
Technical headwinds stay on the weekly timeframe. This consists of the channel resistance that not too long ago made its approach into the combat, prolonged from the excessive of $31,050, an ascending channel resistance accompanied by close by resistance at $38,523 and the Relative Energy Index (RSI) testing overbought ranges (highest since early 2021).