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XRP Price Prediction: Momentum Reignites As Bulls Aim For $0.75
XRP price is gaining pace above the $0.550 resistance. The bulls seem to be aiming for a move above the $0.60 and $0.62 resistance levels.
XRP started a fresh increase above the $0.550 resistance level.
The price is now trading above $0.575 and the 100 simple moving average (4 hours).
There was a break above a major contracting triangle with resistance at $0.560 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair could start a fresh rally if there is a close above the $0.60 resistance zone.
XRP Price Restarts Increase
In the past few days, XRP price recovered higher from the $0.530 zone. There was a move above the $0.545 and $0.550 resistance levels. However, the upside was less compared to Bitcoin and Ethereum.
There was a break above a major contracting triangle with resistance at $0.560 on the 4-hour chart of the XRP/USD pair. The pair traded as high as $0.5971, and it is currently consolidating gains. It tested the 23.6% Fib retracement level of the upward move from the $0.5290 swing low to the $0.5971 high.
XRP price is gaining pace above the $0.550 resistance. The bulls seem to be aiming for a move above the $0.60 and $0.62 resistance levels.
XRP started a fresh increase above the $0.550 resistance level.
The price is now trading above $0.575 and the 100 simple moving average (4 hours).
There was a break above a major contracting triangle with resistance at $0.560 on the 4-hour chart of the XRP/USD pair (data source from Kraken).
The pair could start a fresh rally if there is a close above the $0.60 resistance zone.
XRP Price Restarts Increase
In the past few days, XRP price recovered higher from the $0.530 zone. There was a move above the $0.545 and $0.550 resistance levels. However, the upside was less compared to Bitcoin and Ethereum.
There was a break above a major contracting triangle with resistance at $0.560 on the 4-hour chart of the XRP/USD pair. The pair traded as high as $0.5971, and it is currently consolidating gains. It tested the 23.6% Fib retracement level of the upward move from the $0.5290 swing low to the $0.5971 high.
While Bitcoin Exceeded 61 Thousand Dollars, Famous Billionaire Mike Novogratz Talked About BTC! "It's Hard to Predict Where It Will Stop!"
Bitcoin, the leading cryptocurrency that excites the cryptocurrency market, rose above $61,000 for the first time since 2021 today.
While BTC is gradually approaching its previous ATH of $69,000, Bitcoin is only about 13% away from the ATH.
While there were many comments about BTC's price target, the last comment came from cryptocurrency supporter Galaxy Digital founder Mike Novogratz.
While Novogratz did not specify a clear target for Bitcoin, he said that Bitcoin is in the “price discovery phase”.
Novogratz said about the BTC rise: “It is difficult to predict where we will stop.”
#TrendingTopic #BTC #Write2Eam
Bitcoin, the leading cryptocurrency that excites the cryptocurrency market, rose above $61,000 for the first time since 2021 today.
While BTC is gradually approaching its previous ATH of $69,000, Bitcoin is only about 13% away from the ATH.
While there were many comments about BTC's price target, the last comment came from cryptocurrency supporter Galaxy Digital founder Mike Novogratz.
While Novogratz did not specify a clear target for Bitcoin, he said that Bitcoin is in the “price discovery phase”.
Novogratz said about the BTC rise: “It is difficult to predict where we will stop.”
#TrendingTopic #BTC #Write2Eam
If you could travel back in time, how much money would you invest in #Bitcoin ?
Comment your answer !
#TrendingTopic #Write2Eam #BTC
Comment your answer !
#TrendingTopic #Write2Eam #BTC
Dormant Ethereum Pre-Mine Address Activated After Almost 9 Years
Data shared by Whale Alert cryptocurrency tracker shows that a pre-mine Ethereum wallet that had been dormant for 8.6 years has been reactivated. It contains 72 ETH evaluated at $243,771.
#TrendingTopic #ETH #Write2Eam
Data shared by Whale Alert cryptocurrency tracker shows that a pre-mine Ethereum wallet that had been dormant for 8.6 years has been reactivated. It contains 72 ETH evaluated at $243,771.
#TrendingTopic #ETH #Write2Eam
Gala Gaming Token Jumps After GalaSwap Exchange Launches With Trading Rewards
GALA hit a 10-month high on Tuesday after GalaSwap debuted on the gaming firm's network with low-cost trades and incentives for users.
GALA, the token of the Gala gaming and entertainment ecosystem, skyrocketed in price Tuesday following the launch of GalaSwap, a decentralized exchange (DEX) running on the new layer-1 GalaChain network that offers rewards to traders.
#Write2Eam
GALA hit a 10-month high on Tuesday after GalaSwap debuted on the gaming firm's network with low-cost trades and incentives for users.
GALA, the token of the Gala gaming and entertainment ecosystem, skyrocketed in price Tuesday following the launch of GalaSwap, a decentralized exchange (DEX) running on the new layer-1 GalaChain network that offers rewards to traders.
#Write2Eam
Crucial Bitcoin Message Sent by Michael Saylor to Community As BTC Tops $61,000
Saylor posted his tweet as the world’s flagship cryptocurrency continued ascending and today it surpassed the $61,000 level, drawing closer to the first all-time high achieved in 2021. Back then, Bitcoin hit $63,000 in April and then surged on in November to reach $69,000. The current Bitcoin rally is believed to be fueled by the continuous BTC purchases by spot Bitcoin ETF providers. In his tweet, the founder of the business intelligence MicroStrategy giant urged the cryptocurrency community not to sell their Bitcoin.
#Write2Eam
Saylor posted his tweet as the world’s flagship cryptocurrency continued ascending and today it surpassed the $61,000 level, drawing closer to the first all-time high achieved in 2021. Back then, Bitcoin hit $63,000 in April and then surged on in November to reach $69,000. The current Bitcoin rally is believed to be fueled by the continuous BTC purchases by spot Bitcoin ETF providers. In his tweet, the founder of the business intelligence MicroStrategy giant urged the cryptocurrency community not to sell their Bitcoin.
#Write2Eam
Unofficial GameStop memecoin's $4M token presale draws investor controversy
The memecoin project wants to follow in the footsteps of the Wall Street Memes token, but it has allegedly yet to send coins to investors that have already paid.
https://cointelegraph.com/news/gamestop-memecoin-projects-4m-raise-draws-investor-controversy
#Write2Eam
The memecoin project wants to follow in the footsteps of the Wall Street Memes token, but it has allegedly yet to send coins to investors that have already paid.
https://cointelegraph.com/news/gamestop-memecoin-projects-4m-raise-draws-investor-controversy
#Write2Eam
3 Altcoins Predicted To Be 2024’s Biggest Winners: Analyst Picks
Zeta Chain (ZETA)
To back up the choice, the anchor of the channel noted that ZetaChain has been experiencing a lot of smart money’ buys after early adopters dumped their holdings. He also mentioned that being a Layer 1 project puts the token in pole positions for exponential growth.
Beyond that, he mentioned that ZETA’s social media following alongside active development places it as a top altcoin that could 10x this cycle.
ZETA’s price at press time was $2.65, thanks to a 378% increase in the last 30 days. The 4-hour chart showed that the Supertrend had flashed a buy signal at $2.24. However, a proper examination of the chart showed that ZETA could experience resistance around $2.80.
Nevertheless, the Relative Strength Index (RSI) reading has been increasing. An increase in the RSI suggests that buying momentum was very present. In the short term, ZETA’s price could rise as high as $3.50.
Pyth Network (PYTH)
Discover Crypto noted that he chose PYTH because of its fundamentals. First, the anchor noted that PYTH is built on Solana (SOL) which he is very bullish on. He also gave a second reason, noting that the Oracle fundamentals make it a top pick. To make it further interesting, he called Pyth Network the Chainlink (LINK) of Solana.
The PYTH/USD 4-hour chart showed that the price had pulled back. Indications from the 0.618 Fibonacci level showed that $0.67 could be a good entry point before the token recovers. At press time, PYTH changed hands at $0.68.
Furthermore, the Awesome Oscillator (AO) displayed red bars, suggesting increasing downward momentum. If PYTH’s price slides further, traders might want to accumulate at a discount. If buying pressure comes in later, the price could surpass $1 within a few weeks.
COTI (COTI)
COTI was the last cryptocurrency the channel tipped to perform well. Like ZETA and PYTH, COTI is also a new token. The channel noted that its privacy capability was the basis for the choice.
Zeta Chain (ZETA)
To back up the choice, the anchor of the channel noted that ZetaChain has been experiencing a lot of smart money’ buys after early adopters dumped their holdings. He also mentioned that being a Layer 1 project puts the token in pole positions for exponential growth.
Beyond that, he mentioned that ZETA’s social media following alongside active development places it as a top altcoin that could 10x this cycle.
ZETA’s price at press time was $2.65, thanks to a 378% increase in the last 30 days. The 4-hour chart showed that the Supertrend had flashed a buy signal at $2.24. However, a proper examination of the chart showed that ZETA could experience resistance around $2.80.
Nevertheless, the Relative Strength Index (RSI) reading has been increasing. An increase in the RSI suggests that buying momentum was very present. In the short term, ZETA’s price could rise as high as $3.50.
Pyth Network (PYTH)
Discover Crypto noted that he chose PYTH because of its fundamentals. First, the anchor noted that PYTH is built on Solana (SOL) which he is very bullish on. He also gave a second reason, noting that the Oracle fundamentals make it a top pick. To make it further interesting, he called Pyth Network the Chainlink (LINK) of Solana.
The PYTH/USD 4-hour chart showed that the price had pulled back. Indications from the 0.618 Fibonacci level showed that $0.67 could be a good entry point before the token recovers. At press time, PYTH changed hands at $0.68.
Furthermore, the Awesome Oscillator (AO) displayed red bars, suggesting increasing downward momentum. If PYTH’s price slides further, traders might want to accumulate at a discount. If buying pressure comes in later, the price could surpass $1 within a few weeks.
COTI (COTI)
COTI was the last cryptocurrency the channel tipped to perform well. Like ZETA and PYTH, COTI is also a new token. The channel noted that its privacy capability was the basis for the choice.
Starknet (STRK) Up 13% on Revised Token Distribution Schedule
Starknet, the layer 2 scalability solution built on Ethereum, has announced a major overhaul to its STRK token unlock model. This announcement followed strong criticism by the crypto community of STRK’s initial unlock schedule.
Starknet developer StarkWare, responded to the backlash by implementing a revised schedule with a more gradual distribution of STRK tokens. This decision was met with a positive market reaction, with the STRK token increasing in value by approximately 10%.
#Write2Earn #strk #starknet
Starknet, the layer 2 scalability solution built on Ethereum, has announced a major overhaul to its STRK token unlock model. This announcement followed strong criticism by the crypto community of STRK’s initial unlock schedule.
Starknet developer StarkWare, responded to the backlash by implementing a revised schedule with a more gradual distribution of STRK tokens. This decision was met with a positive market reaction, with the STRK token increasing in value by approximately 10%.
#Write2Earn #strk #starknet
Polygon (MATIC) Could Skyrocket 90% If This Chart Pattern Holds True
This chart pattern suggests that the price might be building up for a potential breakout, which might result in a 90% upside move for MATIC. Ali mentioned in a tweet that Polygon was exhibiting promising signs from a long-term perspective. He also stated that the prevailing pattern for Polygon appears to be a multi-year symmetrical triangle.
#Write2Earn #MATIC
This chart pattern suggests that the price might be building up for a potential breakout, which might result in a 90% upside move for MATIC. Ali mentioned in a tweet that Polygon was exhibiting promising signs from a long-term perspective. He also stated that the prevailing pattern for Polygon appears to be a multi-year symmetrical triangle.
#Write2Earn #MATIC
🚨Reddit Announces Investment in Bitcoin, Ethereum, and Matic!
Reddit’s interest in cryptocurrencies led to the platform’s announcement of its decision to expand its financial portfolio by investing in key digital assets such as Bitcoin (BTC), Ethereum (ETH), and Polygon Matic (MATIC). This strategic move reminded us of plans to integrate Ethereum and MATIC as a payment method for users to use when paying for specific digital products.
This steps, which solidify Reddit’s position as an innovator in the social media space, corresponded to the platform’s initiation of going public in the United States. On Thursday, Reddit announced a significant milestone after nearly twenty years of its establishment by sharing the necessary documents for the public offering with the public.
#Write2Earn #MATIC #Bitcoin #Ethereum(ETH)
Reddit’s interest in cryptocurrencies led to the platform’s announcement of its decision to expand its financial portfolio by investing in key digital assets such as Bitcoin (BTC), Ethereum (ETH), and Polygon Matic (MATIC). This strategic move reminded us of plans to integrate Ethereum and MATIC as a payment method for users to use when paying for specific digital products.
This steps, which solidify Reddit’s position as an innovator in the social media space, corresponded to the platform’s initiation of going public in the United States. On Thursday, Reddit announced a significant milestone after nearly twenty years of its establishment by sharing the necessary documents for the public offering with the public.
#Write2Earn #MATIC #Bitcoin #Ethereum(ETH)
Polygon (MATIC) Price Jumps 6% After Reddit Said Its Dabbling With the Altcoin
Polygon’s native cryptocurrency MATIC has managed to come out of the abyss after facing an 8.5% drop the day before, At press time, the Polygon (MATIC) price is up 8% trading at $0.98 with a market cap of $9.5 billion.
#Write2Earn #MATIC
Polygon’s native cryptocurrency MATIC has managed to come out of the abyss after facing an 8.5% drop the day before, At press time, the Polygon (MATIC) price is up 8% trading at $0.98 with a market cap of $9.5 billion.
#Write2Earn #MATIC
Portal Launch Set as Binance Offers 50 Million Ethereum Gaming Token Rewards
PORTAL will launch on February 29, according to the Binance Launchpool campaign page, and the crypto exchange will list the token at 10am UTC (or 5am EST). The Launchpool campaign will debut tomorrow, February 22, and offer token staking rewards ahead of the listing.
Binance customers who stake either Binance Coin (BNB) or the FDUSD stablecoin into PORTAL liquidity pools can earn a share of the total rewards pool, which numbers 50 million tokens—that’s 5% of the total PORTAL supply of 1 billion Ethereum-based tokens.
#Write2Earn #Portal
PORTAL will launch on February 29, according to the Binance Launchpool campaign page, and the crypto exchange will list the token at 10am UTC (or 5am EST). The Launchpool campaign will debut tomorrow, February 22, and offer token staking rewards ahead of the listing.
Binance customers who stake either Binance Coin (BNB) or the FDUSD stablecoin into PORTAL liquidity pools can earn a share of the total rewards pool, which numbers 50 million tokens—that’s 5% of the total PORTAL supply of 1 billion Ethereum-based tokens.
#Write2Earn #Portal
OpenAI’s Market Position Vulnerable to Intensifying Competition
OpenAI has established itself as an industry pioneer by now. With its latest launch of SORA, the Sam-Altman-backed company has made AI’s exposure even more evident to the common public. However, rising competition in the same industry can challenge the behemoth’s market grasp. A recent Forbes report highlights how decentralized AI projects can potentially perform better than OpenAI SORA.
#Write2Earn
OpenAI has established itself as an industry pioneer by now. With its latest launch of SORA, the Sam-Altman-backed company has made AI’s exposure even more evident to the common public. However, rising competition in the same industry can challenge the behemoth’s market grasp. A recent Forbes report highlights how decentralized AI projects can potentially perform better than OpenAI SORA.
#Write2Earn
Polkadot Surges: Technical Signals Point to Continued Growth
Polkadot (DOT) has been on a notable upward trajectory in its price movement, witnessing a surge to $7.78 with a trading volume of $275 million within the last 24 hours, marking a 5.38% increase during this period.
#Write2Earn
Polkadot (DOT) has been on a notable upward trajectory in its price movement, witnessing a surge to $7.78 with a trading volume of $275 million within the last 24 hours, marking a 5.38% increase during this period.
#Write2Earn
Top 3 Defi Tokens to Invest Before February End; UNI, AAVE, LINK
Defi Tokens: In a notable shift in the crypto market’s focus, DeFi (Decentralized Finance) assets have begun to recapture attention amidst the burgeoning AI craze. According to a recent analysis by Santiment, a leading crypto analytics firm, prominent DeFi tokens such as UNI (Uniswap), COMP (Compound), SUSHI (SushiSwap), and AAVE have experienced significant spikes in value. This surge can be directly attributed to a critical proposal by Uniswap aimed at rewarding its users who stake and delegate their tokens.
#Write2Earn
Defi Tokens: In a notable shift in the crypto market’s focus, DeFi (Decentralized Finance) assets have begun to recapture attention amidst the burgeoning AI craze. According to a recent analysis by Santiment, a leading crypto analytics firm, prominent DeFi tokens such as UNI (Uniswap), COMP (Compound), SUSHI (SushiSwap), and AAVE have experienced significant spikes in value. This surge can be directly attributed to a critical proposal by Uniswap aimed at rewarding its users who stake and delegate their tokens.
#Write2Earn
