Cryptocurrencies Price Prediction: Dogecoin, Avalanche & Luna Classic — Asian Wrap 07 April
|Dogecoin price drops 5% minutes after Elon Musk’s Twitter restores its bird logo
Dogecoin price (DOGE) has dropped after Twitter pulled down the Shiba Inu dog logo and resumed its bird use.
Avalanche Cortina upgrade goes live on protocol’s testnet, AVAX price surges
Avalanche went live with its Cortina upgrade on Thursday, April 6, marking the readiness of a switch between the X-Chain and Snowman++ consensus. The transition was implemented to make the chain work with Avalanche Warp Messaging and would benefit X-Chain since it can seek support from different exchanges.
LUNC chart indicates a potential 10% breakout after weeks of consolidation
Luna Classic price (LUNC) has been trading horizontally for weeks after a rejection from a crucial resistance level. The consolidation came amid growing overhead pressure coupled with general market FUD that prevented LUNC from riding the alt season. However, the recent burn event seems to have stirred things up for the altcoin and now a breakout seems imminent.
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