The post Political Developments Weigh on Ethereum (ETH) and Toncoin (TON), But Clandeno (CLD) Set to Explode with Revolutionary Tech; Presale Open Now appeared on BitcoinEthereumNews.com.

TON USDT is on a rising wedge and may drop to $4.578 price levels if the slant resistance doesn’t hold – Ethereum (ETH) as its co-founder Joseph Lubin said SEC remains neutral as the U.S 2024 Elections approach sighting the ETH ETF approvals. – E-commerce market to reach $7.9 trillion by 2027, as Clandeno (CLD) uses decentralized technology to set the pace. Global political developments weigh heavily on the cryptocurrency markets, significantly impacting the prices of Ethereum (ETH) and Toncoin (TON). Yet, Clandeno (CLD) is soaring in demand on its Initial Coin Offering due to its revolutionary technology. With so much attention on this crypto startup based on its value proposition, its potential for explosive growth is becoming increasingly apparent. Latest TON/USDT Price Prediction  Image Source: TON USDT 1-Day Price Chart | Tradingview Toncoin (TON), a promising cryptocurrency with roots in the Telegram Open Network, just like every other cryptocurrency is also the effect of the adverse global political climate. Regulatory scrutiny and political uncertainties are casting a shadow over the market performance of Toncoin (TON). Toincoin (TON) price seems to be in a rising wedge pattern due to its significant uptrend since its launch. Currently, sitting at a price of $7.190 TON might break downward if the trendline resistance doesn’t hold. A downward breakout will lead to the TON price level of $4.578, turning into a bearish trend. Ethereum (ETH) Faces Political Uncertainty Political uncertainties have affected the second largest cryptocurrency by market cap, Ethereum (ETH) as its co-founder Joseph Lubin believes that initial applications for spot Ether exchange-traded funds (ETFs) in the U.S. are nearly certain to be approved by the Securities and Exchange Commission (SEC), but their public launch may take longer due to political uncertainties. He further explains that the SEC is under intense pressure to…

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Filed under: News - @ July 14, 2024 2:06 am