Date: Mon, Sept 30, 2024, 09:03 AM GMT
Ethena $ENA is currently experiencing a bullish rally, with its price surging by more than 12% today and over 45% in the last seven days. This strong upward momentum has sparked significant interest in the cryptocurrency, with many speculating about what’s driving this impressive performance.

Source: Coinmarketcap
What’s Behind the Rally?
The key catalyst behind Ethena’s price surge is its announcement on September 26 regarding a groundbreaking partnership with two major players in the financial world—BlackRock and Securitize. Together, they are launching a new stablecoin called UStb, which is poised to change the game for stablecoin offerings.

Source: Ethena
UStb stands out from the competition as it will be backed by BlackRock’s tokenized U.S. Treasury fund, BUIDL, and collateralized by both BlackRock and Securitize. This backing ties UStb to U.S. Treasury assets, providing a level of security and trust that sets it apart from traditional stablecoins.
Ethena already offers a stablecoin, USDe, but UStb will be offered as a separate product, giving users and exchange partners an alternative option with a distinct risk profile.
More Gains on the Horizon?

With Ethena’s (ENA) price currently sitting at $0.4034, the coin is consolidating within a key resistance zone. A breakout above the $0.4138 level could potentially push ENA to new heights, with some analysts forecasting a rise to $0.72—a 75% upside from its current price.
Conclusion
Ethena’s bullish rally, driven by its innovative UStb stablecoin backed by U.S. Treasury assets, has attracted significant attention. Whether this momentum will continue remains to be seen, but the potential for further gains is definitely on the table.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.

#Ethena #ENA #NFA✅

Date: Sun, Sept 29, 2024, 05:46 AM GMT
In the past two weeks, the cryptocurrency market has experienced a notable surge, fueled by a Federal Reserve rate cut and growing optimism for October, which is historically a bullish month. Bitcoin (BTC) has climbed to $65,000, its highest level since Aug 01, sparking rallies across major altcoins, including $XRP . The popular token has posted modest gains of 9.7% over the last 30 days.
But many analysts believe XRP’s real breakout is just around the corner. A prominent chart analyst known as @WorldOfCharts1 shared his analysis on the X platform, highlighting that XRP could be poised for a massive breakout. In his post, he emphasized that XRP has a strong, supportive community and is one of the most user-friendly coins, which could help fuel its next big move.

Credits: WorldOfCharts1

According to the analyst, XRP has shown a tendency to consolidate before entering bull markets, and when it breaks out of these consolidations, it often delivers massive returns. He predicted that XRP could easily see a 3-4x return in the midterm, setting a long-term target of $6.50, which represents a staggering 1,000% increase from its current price of $0.61. A breakout above $0.66 is seen as the key trigger for this potential rally.
What’s Driving the Momentum?
One of the key factors contributing to this bullish outlook is the technical breakout in the total cryptocurrency market cap chart (TOTAL3). On September 21, the total market cap broke through a long-standing downtrend line at $598 billion.

This breakout is a strong signal that a broader market rally could be on the horizon, and XRP appears well-positioned to benefit.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#XRP
#NFA✅

HAMSTR has an overwhelming supply of 120 billion tokens in circulation, and despite talk of a "Phase 2" reserve, it feels more like a tactic to keep investors engaged while the team prepares to cash out. This huge supply makes it hard for the token to gain value, which is a red flag for many traders.

Community trust is another issue. Banning legitimate members over rule violations has shaken confidence, and this could lead to a wave of sell-offs, driving the price even lower. Add to that the lack of pre-launch excitement, which means HAMSTR could face a disappointing start, prompting early investors to offload their tokens.

Lastly, HAMSTR doesn’t offer much real value or purpose. With an anonymous team, a vague roadmap, and minimal engagement, the project lacks credibility. In contrast, other projects like FLIP and BONE have strong utility and active communities, making them more reliable investments. Given all this, selling your HAMSTR now might be a smart move before the situation worsens.

$HMSTR
#NFA✅ #DYOR
#BinanceLaunchpoolHMSTR #potGoldATH

Date: Sun, Sept 22, 2024, 07:07 AM GMT
The cryptocurrency market has been on a bullish streak since last week, with Bitcoin (BTC) jumping from $59K to its current price of $63K. This positive sentiment has also sparked a rally in AI tokens, with Bittensor (TAO), Render (RENDER), and Akash Network (AKT) making impressive gains and grabbing the spotlight today.
1. Bittensor (TAO)
Bittensor $TAO is leading the pack among AI tokens, surging by an impressive 42% over the last seven days, including a 16% rise today alone. Currently trading at $466, TAO is quickly approaching a key resistance level at $491, which is about 5% higher than its current price. If it breaks through, we could see even more bullish momentum.

2. Render (RENDER)
$RENDER has finally broken out of its tight trading range at $5.37, surging over 6% in the past 24 hours. It is now trading at $5.59, with the next key resistance levels to watch being $5.81 and $6.15, which represent a potential upside of over 10% from its current price.

3. Akash Network (AKT)
Akash Network (AKT) has also been performing well, gaining 7.51% today and 12.98% over the past week. AKT is currently trading at $2.87 and is approaching a key resistance level at $3.04, offering a potential 6% upside from its current price.

These AI tokens have been riding the market’s bullish wave and continue to show strong upward momentum. Keep an eye on the key levels mentioned above as we see how these tokens perform in the coming days.
Get more update at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.

#AITokens #TAO🔥🔥🔥🔥 #NFA✅

Date: Sun, Sept 22, 2024, 05:48 AM GMT
The cryptocurrency market is seeing a bullish trend after a recent Federal Reserve rate cut, which sparked optimism across various coins. Among the top gainers is Pendle (PENDLE), which has been making waves with a remarkable surge. Over the last 24 hours, $PENDLE has risen by 24%, and in the past week, it's up nearly 30%.

Source: Coinmarketcap
Bullish Despite Selloff
Interestingly, the recent selloff by Arthur Hayes, co-founder of BitMEX and CIO of Maelstromfund, where he offloaded 1.27 million $PENDLE (worth approximately $4.4 million), didn’t impact the token’s price as much as some might have expected. Despite this large sale, PENDLE has shown remarkable strength, continuing its upward trend.
Breakout Ignites the Rally
The main reason behind today’s surge is a technical breakout. PENDLE successfully broke above the downtrend line at the $3.33 price level, which catapulted its price to the current level of $4.29.

With this breakout, the momentum looks solid, and PENDLE could now be eyeing its next resistance level at $4.64, which would mean a further 15% upside from where it stands.
Is the Rally Just Beginning?
Today’s breakout is a strong signal that PENDLE could be starting an extended rally, similar to recent bullish moves seen in other tokens like SEI and Fantom. Investors are now watching closely to see if PENDLE can maintain this upward momentum and continue its strong performance.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#PENDLE
#NFA✅

Date: Fri, Sept 20, 2024, 04:49 AM GMT
The cryptocurrency market is on bullish ride! Over the last 48 hours, a significant rally has begun after the U.S. Federal Reserve made decision to cut interest rates by 50 basis points. This move has sparked a wave of positivity, sending the market upward. Bitcoin (BTC) alone jumped by 3.07% in the last 24 hours, pushing its price closer to $64,000.
But it’s not just Bitcoin that’s gaining attention. AI tokens are having a moment, with Bittensor (TAO) leading the pack. In the last 24 hours, TAO surged by an impressive 14.21%, and over the past 7 days, it’s up nearly 44%, making it the top gainer among AI-related cryptocurrencies.
Currently, $TAO is trading at $424, just near of its next resistance level of $433.07. If TAO manages to break through this resistance, analysts predict it could climb toward $494, representing a potential 16% upside from its current price.

Analyst Sees Massive Potential Ahead
Crypto trader Crypto Jaibrah shared an optimistic outlook for TAO, stating that the token has been repeating a familiar pattern. According to him, "Last summer, $TAO formed a head and shoulders pattern and broke out to the upside in the fall, pumping 1,100%. Now, $TAO is showing the same fractal pattern."

Credits: Crypto Jaibrah

Jaibrah suggests that if history repeats itself, we could see TAO hit $4,000 by Q1 2025, assuming it breaks above the key $400 level.

With Bittensor’s recent performance and growing excitement around AI technologies, many are keeping a close eye on TAO for potential long-term gains.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.

#BittensorTAO #NFA✅