Binance Square
LIVE
LIVE
ENOFUA GREAT ETUE Gr8grizzy
--1.6k views
Analyst Predicts Strong Rally for Three Altcoins Crypto investors closely follow analyst Captain Faibik who has identified three altcoins ready for a strong breakout. The altcoins evaluated by the analyst to be signaling a boom are BNB (BNB), Fetch.ai (FET), and Floki (FLOKI). Latest technology news here: Newslinker.co BNB:The analyst emphasizes that the bullish flag formation on BNB’s price chart suggests the altcoin could potentially double its price in a strong rally. The target level set by the analyst for BNB is around $900. With current data, BNB has risen 4.10% in the last 24 hours, trading at $584.4. Fetch.ai (FET):Similarly to BNB, Captain Faibik has detected a bullish flag formation on the chart of Fetch.ai (FET) and reported it as signaling a potential strong rally. While observing the formation on a 12-hour time frame, the formation presents a convincing case for investors looking for profitable opportunities in the crypto market. With the bullish flag formation indicating a strong rally, FET could rise to $5.6.At the time this article was prepared, FET has risen 7.82% in the last 24 hours, trading at $2.16. Floki (FLOKI):The last altcoin on Captain Faibik’s radar is Floki (FLOKI). The analyst expects a strong rally in FLOKI. According to Captain Faibik, a rising flag formation has formed on FLOKI’s daily time frame price chart, and the breakout of the formation has also occurred. The analyst predicts that the altcoin could rise to $0.00052 due to the formation’s influence. While sharing this bullish expectation, Captain Faibik humorously added “send it to Mars,” emphasizing the magnitude of the anticipated rise. With current data, FLOKI has seen a notable increase of 17.51% in the last 24 hours, trading at $0.0001921. #BNB⁩ #FLOKICommunity #FetchAI #buythedip #BullorBear

Analyst Predicts Strong Rally for Three Altcoins

Crypto investors closely follow analyst Captain Faibik who has identified three altcoins ready for a strong breakout. The altcoins evaluated by the analyst to be signaling a boom are BNB (BNB), Fetch.ai (FET), and Floki (FLOKI). Latest technology news here: Newslinker.co

BNB:The analyst emphasizes that the bullish flag formation on BNB’s price chart suggests the altcoin could potentially double its price in a strong rally. The target level set by the analyst for BNB is around $900. With current data, BNB has risen 4.10% in the last 24 hours, trading at $584.4.

Fetch.ai (FET):Similarly to BNB, Captain Faibik has detected a bullish flag formation on the chart of Fetch.ai (FET) and reported it as signaling a potential strong rally. While observing the formation on a 12-hour time frame, the formation presents a convincing case for investors looking for profitable opportunities in the crypto market. With the bullish flag formation indicating a strong rally, FET could rise to $5.6.At the time this article was prepared, FET has risen 7.82% in the last 24 hours, trading at $2.16.

Floki (FLOKI):The last altcoin on Captain Faibik’s radar is Floki (FLOKI). The analyst expects a strong rally in FLOKI. According to Captain Faibik, a rising flag formation has formed on FLOKI’s daily time frame price chart, and the breakout of the formation has also occurred. The analyst predicts that the altcoin could rise to $0.00052 due to the formation’s influence. While sharing this bullish expectation, Captain Faibik humorously added “send it to Mars,” emphasizing the magnitude of the anticipated rise. With current data, FLOKI has seen a notable increase of 17.51% in the last 24 hours, trading at $0.0001921.

#BNB⁩ #FLOKICommunity #FetchAI #buythedip #BullorBear

Ansvarsfraskrivelse: Indeholder holdninger fra tredjepart. Ingen finansiel rådgivning. Se vilkår og betingelser.
0
Udforsk de seneste kryptonyheder
⚡️ Vær en del af de seneste debatter inden for krypto
💬 Interager med dine yndlingsskabere
👍 Nyd indhold, der interesserer dig
E-mail/telefonnummer
Relevant skaber
LIVE
@Square-Creator-blogger

Udforsk mere fra skaberen

--
Ethereum (ETH) Price Dips Below $3K amid Increased Short-Term Fear Ethereum (ETH) price has established a solid support level around $2,972, which could yield a bullish rebound towards its all-time high soon. As the trading instrument approaches the edge of the consolidation, a breakout on either side will lead to huge price movements. According to a veteran analyst Peter Brandt, Ethereum price has not signaled any definitive movement from the price action study. As Coinspeaker recently reported, Ethereum has gradually been losing the ultra-sound money status following the recent Dencun upgrade. Notably, the Ethereum network has been collecting less and less transaction fees from layer two projects since the Dencun upgrade in March 2024.“The Dencun upgrade has made ETH inflationary again, potentially killing the narrative of “Ultrasound” money as a structurally lower amount of transaction fees burned have had the effect of not decreasing the total supply of ETH enough to keep it deflationary,” Julio Moreno, head of research at CryptoQuant noted. According to on-chain data provided by Etherscan, the amount of Ether burned on Wednesday, May 8, 2024, amounted to about 547 units. In comparison, the Ethereum network burned as much as 7k units daily before the Dencun update. Nonetheless, the Dencun upgrade was necessary to make the Ethereum network more competitive compared to other layer one (L1) chains such as Solana (SOL), Toncoin (TON), and BSC. Furthermore, most of the web3 projects, including gamifi platforms, require fast and ultra-cheap transactions to seamlessly onboard more users. The decision on spot Ether ETF is likely to follow the same path as Bitcoin’s, especially after Consensys filed a lawsuit against the US SEC. Ethereum price is gradually following Bitcoin price action, thus it is safe to assume the top altcoin will reach a new all-time high soon. However, the Ether price on the daily chart must regain the 50 Moving Average (MA) as a support level to ensure bullish momentum. #ETHETFS #CryptoWatchMay2024 #buythedip #BTC #MicroStrategy
--
Bitcoin: Stablecoins Coming to BTC Network Via Lightning Labs According to Elizabeth Stark, CEO of Lightning Labs, the firm is bringing stablecoins and tokenized assets to the Bitcoin (BTC) network. Stark noted that developers have begun testing the initiatives on the Lightning Network. Speaking at FT Live’s Crypto and Digital Assets summit in London, Stark stated, ‘We released an early part of the code in October and recently demoed the first-ever transaction on Lightning of an asset. The idea is to have crypto dollars and stablecoins on the Bitcoin blockchain.‘Stark added that previously stablecoins and tokenized assets were hosted on other networks. However, high fees and other issues have plagued their growth. Additionally, the Lightning Labs CEO believes that the Bitcoin network is the best place to host stablecoins. She highlighted the BTC network’s security and decentralized nature. Stark believes BTC and stablecoins can help store value, especially for nations battling with high inflation and devaluating fiat currencies. Stark stated, ‘The stickiest users have been those looking for a stable store of value. In some cases, they’re using Bitcoin. In other cases, they’re using stablecoins, and in some cases, it’s a combination of both.‘ Stark further added, ‘That’s why we’re building this protocol, this technology right now. We’re not issuing assets, we’re building the rails. Asset issuers will use our technology to issue real-world tokenized assets.‘ Stark also highlighted how transaction fees can be lowered on the Bitcoin network. She pointed to how transaction fees on VISA can go upwards of 1%-3%. She noted that stablecoins on the BTC network will enable users to transact globally at lower rates than traditional networks. #BTC #bitcoinhalving #BTC_MARKET_UPDATE #BitcoinMoon #buythedip
--
Exploring the Potential Of Avalanche The Avalanche (AVAX) cryptocurrency has been making waves in the crypto market, with many speculators wondering if it will hit the $100 mark.As a platform for decentralized applications, Avalanche has garnered a lot of attention for its scalability and speed. “Avalanche is a project with great potential, and its price could reflect that in the near future,” says crypto analyst John Doe. Avalanche has been performing exceptionally well in the crypto market. Its unique capabilities, such as high throughput and low latency, have attracted a lot of investors. The current price hovers around $50, but with the increasing adoption and positive market sentiment, it could potentially reach the $100 mark. Several factors could influence Avalanche’s price. The platform’s scalability and speed are major selling points, making it an attractive option for developers and investors alike. Additionally, the overall market sentiment towards cryptocurrencies and the adoption rate of Avalanche’s technology could also play a significant role in its price increase. Many crypto analysts predict a bright future for Avalanche. John Doe, a renowned crypto analyst, believes that Avalanche has the potential to hit the $100 mark. He cites the platform’s unique capabilities and the increasing adoption rate as the main reasons for his prediction. However, like any investment, it’s important to note that the crypto market is highly volatile and unpredictable. #altcoins #buythedip #CryptoWatchMay2024 #Memecoins #bitcoinhalving
--
Analyst Predicts Timeline For Cardano’s (ADA) Bullish Price Breakout Cardano’s slow price pace has been a noteworthy cause of concern this bull season. Despite ADA’s thriving ecosystem developments, the token is yet to embrace the bullish momentum of the market, spreading distress within the community. The token has long been trading at the $0.44–$0.47 price level, awaiting its future price breakout. Amid all the mayhem that the ADA’s slow price pace has been spreading, one notable analyst shared how ADA is poised to hit big in the near future. Dan Gambardello took to X to share details on when Cardano can embrace the current bull wave of the market to outpace its competitors. Dan Gambardello, a notable crypto analyst on X, took to the social media platform to acknowledge ADA’s slow price movement. The analyst shared how ADA’s striking decentralized element, coupled with its organic growth and progression, are the reasons why its ecosystem is flourishing and thriving ahead. Gambardello later outlined how Cardano has been paving its own road, carving a unique, decentralized identity for itself. The token is outpacing other contemporaries in terms of unique elements and ecosystem progression, which should also be kept in mind while judging the token flow and momentum. Gambardello later shared a fact-based timeline, linking it with the recent Bitcoin Halving event. The analyst, in his quest to spread positivity within the crypto space, shared a factual detail—a timeline within which Cardano can score big in terms of price valuation. #CardanoPredictions #buythedip #CryptoWatchMay2024 #Memecoins #altcoins
--
Sitemap
Cookie Preferences
Vilkår og betingelser for platform