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EigenLayer Price Prediction: EIGEN Soars 9%, But Experts Say This PEPE Upgrade Might Be The Best Crypto To Buy Now The EigenLayer price pumped over 9% in the last 24 hours to trade at $3.72 as of 11:29 p.m. EST as investors go long on the altcoin. Despite the good 24-hour performance, the EIGEN price is still in the red by more than 7% on the weekly time frame. Despite the good 24-hour performance, the EIGEN price is still in the red by more than 7% on the weekly time frame. The EigenLayer price is attempting to flip the resistance level at $3.7215 into support after it printed a series of higher highs and higher lows in the last 48 hours. Should the crypto establish a position above this major price point, EIGEN could continue climbing through the course of the following trading day to potentially reach as high as $4.6730. However, sellers succeeding in keeping the EigenLayer price below $3.7215 for the next 12 hours might prevent the bullish move from happening. In this alternative scenario, EIGEN could stand the risk of dropping to the $3.0454 support. Technicals Warn The EigenLayer Price Might Pull Back Soon From a technical standpoint, indicators warn that EIGEN’s bullish momentum is cooling off. Along with the Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI) is also showing negative signs. With the MACD line currently positioned above the MACD Signal line, it seems that the EigenLayer price is in a bullish cycle. However, the shrinking gap between these two technical indicators warns that EIGEN’s trend could soon undergo a bearish reversal. Meanwhile, the RSI is valued in the high 50s, which suggests buyers have the upper hand against sellers. This might not be the case for long, however, given the negative slope of the RSI line. If bears continue to push the EigenLayer price down, the RSI might break below the 50 benchmark to indicate that sellers have stolen the advantage. #EigenLayer #WeAreAllSatoshi #Write2Earn #CryptoForEveryone #BecomeCreator $EIGEN
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Is It Too Late To Buy TURBO? Turbo Price Pumps 90% In A Month And This Might Be The Next Crypto To Explode logo US Search Inside Bitcoins I'm looking for... Search HomeNewsIs It Too Late To Buy Turbo Turbo Price Pumps 90 In A Month And This Might Be The Next Crypto To Explode Is It Too Late To Buy TURBO? Turbo Price Pumps 90% In A Month And This Might Be The Next Crypto To Explode By Evans Karanja PRO INVESTOR Updated: 09 October 2024 Disclosure We sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Disclosure Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. TURBO price Join Our Telegram channel to stay up to date on breaking news coverage The Turbo price has surged 90% in a month and 5% in the last 24 hours to trade at $0.007051 as of 00:20 a.m. EST on trading volume that skyrocketed 69% to $236 million. Turbo Price On A Bullish Rally The Turbo price capitalized on the rounding bottom pattern around the $0.0034 support to push the price up towards the $0.0071 resistance, according to data from GeckoTerminal. However, the bears took control of the price, pushing the price of Turbo through a correction to the $0.0048 support and back to the resistance, forming another rounding bottom pattern. The bulls aim to capitalize on the pattern to keep propelling the price of Turbo, now trading above both the 50-day and 200-day Simple Moving Averages (SMAs). This affirms short-term and long-term price surges in the coming days. Moreover, the Relative Strength Index (RSI) is currently moving up towards the 70-overbought region, currently at 66, which is an indication that the asset is under intense buying pressure. #turbo #TURBO/USDT #BecomeCreator #CryptoForEveryone #Write2Earn $TURBO $HMSTR
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N0tably, $Sui (SUI)—a high-throughput Layer–1 blockchain based “on the Move programming language (originally developed by Facebook for its Diem project) outperformed in September, with a 116% return over Q3.” $Aave (AAVE), the largest on-chain lending and borrowing protocol displayed strength across the entire quarter, “rising by 71% on the back of improving fundamentals, major governance proposals acting as catalysts for tokenomics and a revival of DeFi liquidity.” Despite a slew of market pressures arising from German Government selling and Mt.Gox liquidations, Bitcoin’s liquidity “remains robust.” The Coin Metrics report further noted that BTC’s market depth within 2% of mid-price across Coin Metrics’ suite of exchanges “ranges between $50-$100M, with a recent expansion towards $150M ($12B in average daily volumes), suggesting adequate liquidity to stabilize major price impacts.” On July 23, 2024, which is a little over 5 months since the Bitcoin ETF was approved, the SEC extended their approval for the Ether ETF. While on-chain holdings now reach upwards of $7.4B, we have seen net flows of –163M $ETH since the inception of the $ETF, mostly leaving from Grayscale’s Ethereum Trust (ETHE) upon conversion to an ETF which levies much higher fees than its competitors. In Q3, the decentralized finance ($DeFi) sector was also in the limelight, with fundamental catalysts, ecosystem specific rebrands and “restructurings central to the discussion.” Aave, the largest money market protocol with $20B in assets supplied across markets on 13 networks is “one of the highest revenue generating protocols in the ecosystem.” On August 9th, 2024, BitGo had announced plans to restructure WBTC’s oversight through a joint venture with BiT Global, involving Justin Sun. The report from Coin Metrics added that this partnership raised eyebrows across the industry, “particularly among DeFi protocols offering $WBTC collateral markets.” #WeAreAllSatoshi #HBODocumentarySatoshiRevealed #SECAppealRipple #Write2Earn #CryptoForEveryone
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