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Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend.
$0.49786318 trading now
Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.
This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.
With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.
A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.
Suggested Essays
Is the ADA worth vulnerable to other amendments?
The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
$0.49786318 trading now
Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.
This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.
With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.
A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.
Suggested Essays
Is the ADA worth vulnerable to other amendments?
The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
Historic Bitcoin move from US presidential candidate Donald Trump!
Donald Trump told miners he would support Bitcoin mining.
12.06.2024
Former US President Donald Trump, who was hostile to Bitcoin and cryptocurrencies during his previous presidency, has undergone a major shift.
Re-elected Trump has been vocal in his support of BTC and cryptocurrencies during this election campaign, with Trump recently meeting with several Bitcoin miners.
According to Bloomberg, Trump told the miners that he would support Bitcoin mining.
Noting that Joe Biden and his administration opposed bitcoin mining and aided rival countries, Donald Trump promised to support bitcoin miners and the mining industry if he returned to the White House.
Nasdaq-listed bitcoin mining company CleanSpark Inc. was among the attendees at Trump's meeting with bitcoin miners. and representatives from Riot Platforms were also present.
"I just ran into a guy who is a huge Bitcoin fan and supports what we do at CleanSpark Inc. in Georgia, Mississippi and Wyoming," CleanSpark co-founder S. Matthew Schultz said on x #Binance200M #altcoins #bitcoin☀️
Donald Trump told miners he would support Bitcoin mining.
12.06.2024
Former US President Donald Trump, who was hostile to Bitcoin and cryptocurrencies during his previous presidency, has undergone a major shift.
Re-elected Trump has been vocal in his support of BTC and cryptocurrencies during this election campaign, with Trump recently meeting with several Bitcoin miners.
According to Bloomberg, Trump told the miners that he would support Bitcoin mining.
Noting that Joe Biden and his administration opposed bitcoin mining and aided rival countries, Donald Trump promised to support bitcoin miners and the mining industry if he returned to the White House.
Nasdaq-listed bitcoin mining company CleanSpark Inc. was among the attendees at Trump's meeting with bitcoin miners. and representatives from Riot Platforms were also present.
"I just ran into a guy who is a huge Bitcoin fan and supports what we do at CleanSpark Inc. in Georgia, Mississippi and Wyoming," CleanSpark co-founder S. Matthew Schultz said on x #Binance200M #altcoins #bitcoin☀️
Bitcoin💸 has a larger market cap than the top 3 banks in the world, combined:
• Bitcoin: $1.37 trillion
• JPMorgan Chase: $574 billion
• Bank of America: $311 billion
• IC Bank of China: $268 billion
#Binance200M #ETHETFsApproved #TopCoinsJune2024
• Bitcoin: $1.37 trillion
• JPMorgan Chase: $574 billion
• Bank of America: $311 billion
• IC Bank of China: $268 billion
#Binance200M #ETHETFsApproved #TopCoinsJune2024
Will XRP drop to $0.4699 in June? A detailed breakdown
XRP made a bearish breakout in the last few days, hinting at a continued price drop.
Posted: June 9
XRP was down by more than 4% in the last seven days.
If the downturn continues, then the token might drop to $0.4699.
XRP has witnessed quite some turbulence as its price has dropped over the last week. But investors should prepare for more setbacks as the token fell below a pattern, that hinted at a further price drop.
Bears step up
Per an earlier AMBCrypto report, XRP’s price had reached a 2-month low. This decline was caused by market jitters following reports that Ripple, the token’s developer and largest holder, sold 150 million XRP.
According to CoinMarketCap, the price decline continued as the token’s value dropped by over 1.3% in the last 24 hours.
At the time of writing, the token was trading at $0.4932 with a market capitalization of over $27 billion. The price decline also had a negative impact on the token’s price action.
Santiment’s data revealed that XRP’s Weighted Sentiment went into the negative zone, implying that bearish sentiment around the token was dominant in the market.
Nonetheless, the massive price drop stirred up conversations in the market, causing its Social Volume to spike.
Source: Santiment
In a further spot of bad news, while XRP’s price dropped, it made a bearish breakout, which hinted at a continued price decline.
Notably, XRP’s price entered a pennant pattern in the middle of April. Since then, the token has consolidated inside the pattern, only to make a bearish breakout on the 8th of June
#XRPDumping #Binance200M #BTC☀
XRP made a bearish breakout in the last few days, hinting at a continued price drop.
Posted: June 9
XRP was down by more than 4% in the last seven days.
If the downturn continues, then the token might drop to $0.4699.
XRP has witnessed quite some turbulence as its price has dropped over the last week. But investors should prepare for more setbacks as the token fell below a pattern, that hinted at a further price drop.
Bears step up
Per an earlier AMBCrypto report, XRP’s price had reached a 2-month low. This decline was caused by market jitters following reports that Ripple, the token’s developer and largest holder, sold 150 million XRP.
According to CoinMarketCap, the price decline continued as the token’s value dropped by over 1.3% in the last 24 hours.
At the time of writing, the token was trading at $0.4932 with a market capitalization of over $27 billion. The price decline also had a negative impact on the token’s price action.
Santiment’s data revealed that XRP’s Weighted Sentiment went into the negative zone, implying that bearish sentiment around the token was dominant in the market.
Nonetheless, the massive price drop stirred up conversations in the market, causing its Social Volume to spike.
Source: Santiment
In a further spot of bad news, while XRP’s price dropped, it made a bearish breakout, which hinted at a continued price decline.
Notably, XRP’s price entered a pennant pattern in the middle of April. Since then, the token has consolidated inside the pattern, only to make a bearish breakout on the 8th of June
#XRPDumping #Binance200M #BTC☀
Trump Embraces Crypto: Campaign Now Accepts Bitcoin, Dogecoin for Donations
On May 21, former US President Donald Trump's presidential campaign launched a fundraising page that allows federally accredited donors to contribute using cryptocurrency through Coinbase Commerce.
According to the campaign announcement, supporters can visit the designated website to donate to Trump's campaign with crypto. All contribution limits and disclosure requirements for crypto donations will comply with Federal Election Commission regulations.
In the announcement, Trump's campaign emphasized that he "aims to reduce government control over Americans' financial decision-making." He also observes that accepting crypto donations reflects his "commitment to an agenda that values individual freedom over increased socialist government control."
#ETHETFS #btc70k #DogeyGuy #DogeStrong
On May 21, former US President Donald Trump's presidential campaign launched a fundraising page that allows federally accredited donors to contribute using cryptocurrency through Coinbase Commerce.
According to the campaign announcement, supporters can visit the designated website to donate to Trump's campaign with crypto. All contribution limits and disclosure requirements for crypto donations will comply with Federal Election Commission regulations.
In the announcement, Trump's campaign emphasized that he "aims to reduce government control over Americans' financial decision-making." He also observes that accepting crypto donations reflects his "commitment to an agenda that values individual freedom over increased socialist government control."
#ETHETFS #btc70k #DogeyGuy #DogeStrong
Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in.
Speculators hopeful upcoming Fed meeting will leave rates unchanged: US inflation rates have eased slightly in April in conjunction with weakening demand in both manufacturing and service sectors. Investors hope the latest data will spur a more bullish tone on future rate cuts.
Bitcoin halving brings fresh interest to spot ETFs: After a period of net outflows prior to BTC’s halving event, spot BTC ETFs in the US have started to rebound.
Ripple calls for SEC to reduce fine: Ripple has strongly opposed the SEC's proposed $2B fine, while a contingent of crypto lobbyists moves to sue the regulator.
Tether claims it will freeze addresses linked to OFAC-sanctioned entities: The move follows reports that Venezuela's state oil company, PDVSA, used the USDT stablecoin to bypass US sanctions and continue its oil exports.
#BullorBear #bitcoinhalving #Megadrop #BitcoinHalvingTrends
Speculators hopeful upcoming Fed meeting will leave rates unchanged: US inflation rates have eased slightly in April in conjunction with weakening demand in both manufacturing and service sectors. Investors hope the latest data will spur a more bullish tone on future rate cuts.
Bitcoin halving brings fresh interest to spot ETFs: After a period of net outflows prior to BTC’s halving event, spot BTC ETFs in the US have started to rebound.
Ripple calls for SEC to reduce fine: Ripple has strongly opposed the SEC's proposed $2B fine, while a contingent of crypto lobbyists moves to sue the regulator.
Tether claims it will freeze addresses linked to OFAC-sanctioned entities: The move follows reports that Venezuela's state oil company, PDVSA, used the USDT stablecoin to bypass US sanctions and continue its oil exports.
#BullorBear #bitcoinhalving #Megadrop #BitcoinHalvingTrends
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Bitcoin (BTC)
$69,094 (0.87%)
Ethereum (ETH)
$3,877.68 (-0.91%)
Litecoin (LTC)
$87.36 (-2.56%)
XRP (XRP)
$0.609900 (-2.27%)
BNB (BNB)
$528.49 (8.36%)
Solana (SOL)
$143.79 (-1.66%)
Cardano (ADA)
$0.716524 (-3.64%)
Dogecoin (DOGE)
$0.170627 (-6.08%)
TRON (TRX)
$0.133836 (-1.67%)
Polkadot (DOT)
$10.19 (-2.83%)
Chainlink (LINK)
$20.19 (0.80%)
Polygon (MATIC)
$1.21 (6.13%)
Powered by CoinGecko
Bitcoin (BTC)
$69,094 (0.87%)
Ethereum (ETH)
$3,877.68 (-0.91%)
Litecoin (LTC)
$87.36 (-2.56%)
XRP (XRP)
$0.609900 (-2.27%)
BNB (BNB)
$528.49 (8.36%)
Solana (SOL)
$143.79 (-1.66%)
Cardano (ADA)
$0.716524 (-3.64%)
Dogecoin (DOGE)
$0.170627 (-6.08%)
TRON (TRX)
$0.133836 (-1.67%)
Polkadot (DOT)
$10.19 (-2.83%)
Chainlink (LINK)
$20.19 (0.80%)
Polygon (MATIC)
$1.21 (6.13%)
SHIBA (SHIB)
Shiba Inu Climbs the Crypto Rankings
In Brief
Shiba Inu (SHIB) gains attention in crypto communities.
Recently entered the top ten by market value.
Analyst Rekt Capital predicts a potential reversal completion.
Technology & Populer Science News: Newslinker.co

COINTURK NEWSPublished 11 March, 2024 - 1:01 am

Bitcoin (BTC)
$69,094 (0.87%)
Ethereum (ETH)
$3,877.68 (-0.91%)
Litecoin (LTC)
$87.36 (-2.56%)
XRP (XRP)
$0.609900 (-2.27%)
BNB (BNB)
$528.49 (8.36%)
Solana (SOL)
$143.79 (-1.66%)
Cardano (ADA)
$0.716524 (-3.64%)
Dogecoin (DOGE)
$0.170627 (-6.08%)
TRON (TRX)
$0.133836 (-1.67%)
Polkadot (DOT)
$10.19 (-2.83%)
Chainlink (LINK)
$20.19 (0.80%)
Polygon (MATIC)
$1.21 (6.13%)
Powered by CoinGecko
Bitcoin (BTC)
$69,094 (0.87%)
Ethereum (ETH)
$3,877.68 (-0.91%)
Litecoin (LTC)
$87.36 (-2.56%)
XRP (XRP)
$0.609900 (-2.27%)
BNB (BNB)
$528.49 (8.36%)
Solana (SOL)
$143.79 (-1.66%)
Cardano (ADA)
$0.716524 (-3.64%)
Dogecoin (DOGE)
$0.170627 (-6.08%)
TRON (TRX)
$0.133836 (-1.67%)
Polkadot (DOT)
$10.19 (-2.83%)
Chainlink (LINK)
$20.19 (0.80%)
Polygon (MATIC)
$1.21 (6.13%)
SHIBA (SHIB)
Shiba Inu Climbs the Crypto Rankings
In Brief
Shiba Inu (SHIB) gains attention in crypto communities.
Recently entered the top ten by market value.
Analyst Rekt Capital predicts a potential reversal completion.
Technology & Populer Science News: Newslinker.co

COINTURK NEWSPublished 11 March, 2024 - 1:01 am

#SHIBA🔥
Recent Developments Shiba Inu Weekly Burn Up 9K% To 14 Million SHIB Burns 💥🔥
Amidst the flurry of progress witnessed across the Shiba Inu ecosystem this week, a massive surge in the weekly burn rate of Meme Coin seems to have garnered significant interest among crypto market enthusiasts around the world.
According to insights uncovered by tracker Shivburn, the nearly 9000% weekly increase has sparked huge curiosity among traders and investors for Shiba Inu's future price action.
Meanwhile, with a nearly 50% gain over the past week, the Shiba Inu reflected optimism in line with the continued burnout witnessed last week. A tide of optimism surrounding SHIB's possible run to the optimistic $0.0001 level has attracted considerable attention among crypto market fanatics worldwide.
#SHIBA🔥
Recent Developments Shiba Inu Weekly Burn Up 9K% To 14 Million SHIB Burns 💥🔥
Amidst the flurry of progress witnessed across the Shiba Inu ecosystem this week, a massive surge in the weekly burn rate of Meme Coin seems to have garnered significant interest among crypto market enthusiasts around the world.
According to insights uncovered by tracker Shivburn, the nearly 9000% weekly increase has sparked huge curiosity among traders and investors for Shiba Inu's future price action.
Meanwhile, with a nearly 50% gain over the past week, the Shiba Inu reflected optimism in line with the continued burnout witnessed last week. A tide of optimism surrounding SHIB's possible run to the optimistic $0.0001 level has attracted considerable attention among crypto market fanatics worldwide.
#SHIBA🔥
FLOKI’s Price Soars Following Massive 190.91B Token Burn
FLOKI price soars post monumental 190.91B token burn, reducing supply and boosting market cap to $2.4B with over 17% surge.
FLOKI surges 17% post-190.91B token burn, market cap hits $2.4B.
Floki DAO's $47M token burn propels FLOKI's trading volume up 34.72%.
Valhalla game anticipation boosts FLOKI's appeal post-massive burn.
Floki (FLOKI) has seen a significant increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.
In the last 24 hours, the FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, FLOKI was up 17% from the intra-day low at press time, trading at $0.0002518. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.
Impact of the Token Burn on Market Dynamics
The choice to burn a massive amount of FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, the price experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.
#Flokibullish
FLOKI price soars post monumental 190.91B token burn, reducing supply and boosting market cap to $2.4B with over 17% surge.
FLOKI surges 17% post-190.91B token burn, market cap hits $2.4B.
Floki DAO's $47M token burn propels FLOKI's trading volume up 34.72%.
Valhalla game anticipation boosts FLOKI's appeal post-massive burn.
Floki (FLOKI) has seen a significant increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.
In the last 24 hours, the FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, FLOKI was up 17% from the intra-day low at press time, trading at $0.0002518. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.
Impact of the Token Burn on Market Dynamics
The choice to burn a massive amount of FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, the price experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.
#Flokibullish
Bull Run Peak Targets : 📈🎯💰
$BTC : $150,000
$ETH : $15,000
$TAO : $2,500
$QNT : $700
$SOL : $500
$INJ : $300
$TET : $275
$RNDR : $150
$TRIAS : $100
$AGRS : $90
$LINK : $80
$AZERO : $75
$TIA : $70
$ORAI : $70
$KOIN : $50
$PROPC : $30
$NAKA : $25
$RIO : $25
$KUJI : $20
$MTRG : $20
$ZANO : $20
$FET : $18
$OCTA : $15
$RVF : $8
$PROPS : $4
$CGPT : $4
$GFAL : $3
$NXRA : $3
$PAAL : $3
$KAS : $2
$GHX : $2
$DMTR : $1
$ROSE : $1
$VRA : $0.6
Add Yours
#TrendingTopic #sol #WIF
$BTC : $150,000
$ETH : $15,000
$TAO : $2,500
$QNT : $700
$SOL : $500
$INJ : $300
$TET : $275
$RNDR : $150
$TRIAS : $100
$AGRS : $90
$LINK : $80
$AZERO : $75
$TIA : $70
$ORAI : $70
$KOIN : $50
$PROPC : $30
$NAKA : $25
$RIO : $25
$KUJI : $20
$MTRG : $20
$ZANO : $20
$FET : $18
$OCTA : $15
$RVF : $8
$PROPS : $4
$CGPT : $4
$GFAL : $3
$NXRA : $3
$PAAL : $3
$KAS : $2
$GHX : $2
$DMTR : $1
$ROSE : $1
$VRA : $0.6
Add Yours
#TrendingTopic #sol #WIF
Ethereum Co-Founder Vitalik Buterin has reacted to the parabolic surge of memecoins as it concerns infrastructural development
Ethereum co-founder Vitalik Buterin has waded into memecoin's growth surge
Discounting claims of no infrastructure backup, Vitalik noted the situations are unique
He named some crypto infrastructures that have received less love compared to memecoins
In response to an X post from Roko Mijic slamming the adoption of memecoins that sparked a massive rally this weekend, Ethereum co-founder Vitalik Buterin has waded in with an attempt to set the record straight regarding the nascent asset class adoption.
The Vitalik Buterin Disposition on Memecoins
The ongoing memecoin rally in the digital asset space pushed the combined market cap of the assets up 30% north of $41 billion earlier today. Popular Shiba Inu (SHIB) surged by a wholesome 52% earlier today, leading the memecoin rally. The price surge took the price of SHIB to $0.00002 and till the time of this writing, the token is yet to bow to bearish correction.
Canine-themed memecoin Dogecoin (DOGE) equally registered up to 30% increase earlier in the week. Market analysts believe that DOGE may be gearing up for a mega bull run in the long run. Its average daily trading volume has also gone up significantly, surpassing $4.77 billion. Overall, the rally has touched almost all memcoins and there are still speculations that the positive momentum will last for a while.
One X user tried to establish the fact that these memecoins are currently experiencing a rally due to a lack of use cases resulting from a decline in crypto infrastructure. However, Vitalik Buterin reacted to the post, trying to explain that this is not the outlook in all cases.
“I feel like 2 years ago I completely agreed, and my high-level argument was something like “infrastructure is public goods, the incentive to fund public goods is N times smaller than optimal (that’s basic econ 101), so it’s practically impossible for there to be too much
#TrendingTopic #ETH✅ #BTC
The Shiba Inu (SHIB) team has once again alerted its community to the heightened scamming attempts in the wake of the debut of the new SHEboshi token.
In a Feb. 24 post on X, Shiba Inu’s marketing lead, Lucie, expressed concerns for SHIB holders, spotlighting the deceptive tactics employed by fraudsters.
According to her, investors are being targeted by bogus giveaways, especially following the successful introduction of SHEboshi, which follows the DN404 standard—a hybrid of ERC-20 and ERC-721 token benefits.
Lucie clarified that Shiba Inu is not conducting any airdrops and iterated that any such claims should be considered fraudulent. She further advised token holders to authenticate any promotional information by visiting the official Shiba Inu channels on Telegram and Discord.
In addition to her warning, she also provided information to help the community stay informed and safeguard their investments through verified updates.
#TrendingTopic #SHIBA_INU #BTC
In a Feb. 24 post on X, Shiba Inu’s marketing lead, Lucie, expressed concerns for SHIB holders, spotlighting the deceptive tactics employed by fraudsters.
According to her, investors are being targeted by bogus giveaways, especially following the successful introduction of SHEboshi, which follows the DN404 standard—a hybrid of ERC-20 and ERC-721 token benefits.
Lucie clarified that Shiba Inu is not conducting any airdrops and iterated that any such claims should be considered fraudulent. She further advised token holders to authenticate any promotional information by visiting the official Shiba Inu channels on Telegram and Discord.
In addition to her warning, she also provided information to help the community stay informed and safeguard their investments through verified updates.
#TrendingTopic #SHIBA_INU #BTC
Has price of Binance Coin (BNB) reached its local peak by now?
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
On the hourly chart, the rate of BNB is approaching the resistance of $366.8. If the daily bar closes around that price, the growth may continue to the $370-$375 area on the weekend.
A different picture can be seen on the daily time frame. The rate of BNB has made a false breakout of yesterday's candle peak. If it happens far from that mark, sellers may locally seize the initiative, which might lead to a correction to $350.
From the midterm point of view, the price has broken the $338.3 level. Until it is above that level, buyers keep controlling the initiative on the market.
#Write2Earn #TrendingTopic #BNB
#BTC #Priceanalysis
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
On the hourly chart, the rate of BNB is approaching the resistance of $366.8. If the daily bar closes around that price, the growth may continue to the $370-$375 area on the weekend.
A different picture can be seen on the daily time frame. The rate of BNB has made a false breakout of yesterday's candle peak. If it happens far from that mark, sellers may locally seize the initiative, which might lead to a correction to $350.
From the midterm point of view, the price has broken the $338.3 level. Until it is above that level, buyers keep controlling the initiative on the market.
#Write2Earn #TrendingTopic #BNB
#BTC #Priceanalysis
Altcoins To Buy: SHIB, JUP, STX, SEI, and VET shine as Bitcoin's surge fuels market optimism, marking them prime investor picks
Altcoins To Buy: Amid the recent surge, Bitcoin has once again breached the $52,000 mark, setting the stage for a bullish rally across the cryptocurrency market.
$52170.306Trade Now
This uptick has bolstered confidence among investors and spotlighted several altcoins riding the wave of Bitcoin’s monumental rise. Among these, SHIB, JUP, STX, SEI, and VET stand out as the top performers, each for unique reasons that underscore their potential as prime investments in the current climate.
1. Shiba Inu (SHIB)
Shiba Inu, the popular meme coin, is witnessing a remarkable uptrend, invigorated by a notable increase in its burning mechanism. This uptick is propelling the Shiba Inu token, SHIB, to new heights, capturing the attention of investors worldwide. Additionally, the positive momentum in Bitcoin’s value has further energized the market sentiment surrounding SHIB.
In recent trading sessions, SHIB has embarked on an impressive ascent, climbing over 2% in just 24 hours. This surge has elevated the token’s price to a commendable $0.000009815, surpassing critical resistance points. These figures underscore a robust bullish trend that is currently shaping the market dynamics of Shiba Inu.
2. Jupiter (JUP)
Jupiter, a prominent DeFi platform within the Solana ecosystem, has also seen a significant price jump. The Jupiter price has climbed over 12% in the last 24 hours, now standing at $0.5553. This leap can be largely attributed to the enthusiastic adoption of the JUP Work Groups (JWGs) initiative.
3. Stacks (STX)
Stacks, recognized for introducing smart contracts to Bitcoin, has recently seen its value skyrocket by 20%
#Write2Earn #TrendingTopic #BTC #STX #Sei