LIVEJulie Parrotte Ecwl
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My dear all brothers and sisters @Binance is giving you a big opportunity like 5% earning on content writting . so share your thoughts and write to earn on @Binance . Don't miss the big opportunity .
But i missed the opportunity cause in my region this opportunity has not given 🥲 so badly am missing it 🙂.
But i missed the opportunity cause in my region this opportunity has not given 🥲 so badly am missing it 🙂.
According to cryptocurrency analytics firm Santiment, Cardano (ADA) is currently seeing the highest level of bearishness in over a year.
The firm has concluded that the cryptocurrency has been "completely written off" by traders.
ADA is suffering from overwhelmingly bearish sentiment despite the upcoming launch of the Chang hard fork that is slated to take place later this month. The hard fork, which will introduce decentralized ownership, has been advertised as "the most significant" upgrade in the history of the popular proof-of-stake blockchain by founder Charles Hoskinson. Apart from community-driven governance, the Chang hard fork is expected to bring advanced scalability and improved security.
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Yet, it seems like Cardano's technical upgrades no longer excite the market given that the token remains outside of the CoinGecko top 10 (below Dogecoin and Troncoin).
In the meantime, XRP is experiencing "huge hype" with erupting bullish narratives, according to Santiment.
The Ripple-linked token surged to $0.61 earlier this Wednesday, reaching its highest level since early April.
XRP and Cardano frequently get compared by market observers due to their similar price trajectories as well as their somehow cultish followings. As reported by U.Today, Murad Mahmudov, a former analyst at banking giant Goldman Sachs, recently downplayed the significance of these two major altcoins, describing them merely as "cult meme coins."
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According to CoinGecko data, XRP and Cardano are still down 82% and 85.5%, respectively, since their record peaks.
Despite the high level of enthusiasm surrounding the XRP token, there are some worrying signs that its price rally might be short-lived. For instance, XRP bears might point to recent bearish divergence that typically signals a waning bullish momentum.
The firm has concluded that the cryptocurrency has been "completely written off" by traders.
ADA is suffering from overwhelmingly bearish sentiment despite the upcoming launch of the Chang hard fork that is slated to take place later this month. The hard fork, which will introduce decentralized ownership, has been advertised as "the most significant" upgrade in the history of the popular proof-of-stake blockchain by founder Charles Hoskinson. Apart from community-driven governance, the Chang hard fork is expected to bring advanced scalability and improved security.
card
Yet, it seems like Cardano's technical upgrades no longer excite the market given that the token remains outside of the CoinGecko top 10 (below Dogecoin and Troncoin).
In the meantime, XRP is experiencing "huge hype" with erupting bullish narratives, according to Santiment.
The Ripple-linked token surged to $0.61 earlier this Wednesday, reaching its highest level since early April.
XRP and Cardano frequently get compared by market observers due to their similar price trajectories as well as their somehow cultish followings. As reported by U.Today, Murad Mahmudov, a former analyst at banking giant Goldman Sachs, recently downplayed the significance of these two major altcoins, describing them merely as "cult meme coins."
card
According to CoinGecko data, XRP and Cardano are still down 82% and 85.5%, respectively, since their record peaks.
Despite the high level of enthusiasm surrounding the XRP token, there are some worrying signs that its price rally might be short-lived. For instance, XRP bears might point to recent bearish divergence that typically signals a waning bullish momentum.
😍
LIVE
U.today
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"Bitcoin Going to $1 Million": Samson Mow Names Possible Time Frame
Samson Mow, a Bitcoin maximalist and the boss of the Bitcoin-focused company Jan3, has taken to his account on the X social media platform (formerly widely known as Twitter) to break an ultra-bullish Bitcoin price forecast to the global crypto community.
Mow has doubled down on his $1 million Bitcoin forecast that he gave earlier this year.
"Bitcoin going to $1 million," Mow says, Here's when it may happen
Today, Samson Mow tweeted that “Bitcoin is going to $1 million,” and he added that he is “not uncertain.” In the comments thread, the cryptocurrency influencer shared that he believes it is likely to happen within one year.
#Bitcoin is going to $1.0M. I am not uncertain.
— Samson Mow (@Excellion) July 16, 2024
Mow also offered a comment on the mammoth-sized Bitcoin transactions made by the Mt. Gox crypto exchange today. The platform started moving Bitcoin and Bitcoin Cash in order for payouts to the creditors to start. Mt Gox transacted almost $6 billion in BTC today, causing a substantial BTC price decline.
Earlier this week, Samson Mow tweeted that he does not believe that Bitcoin will ever again decline below the $60,000 price mark. The flagship cryptocurrency has recently started to recover after the recent sell-off initiated by the German government, as it sold 50,000 BTC in multiple transactions to such crypto exchanges as Coinbase, Kraken and Bitstamp.
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Mow's comment on Mt. Gox's large Bitcoin movements
Chinese cryptocurrency journalist Colin Wu spread the word that the Kraken exchange has received Bitcoin and Bitcoin Cash funds for creditors. The platform will take one or two weeks to start distributing that crypto.
Samson Mow does not believe the Mt. Gox payouts will have any significant impact on the Bitcoin price. He expects only 20% of that Bitcoin to hit the market. As for the remaining 80%, the Jan3 boss believes it will either be moved to cold storage wallets or will be locked in finance apps as users are likely to make some borrowings against this Bitcoin.
But Mow is certain that 100% of the Bitcoin Cash returned to the creditors by Mt. Gox will be sold by the recipients.
Only ~20% of distributed Gox #BTC will hit the market. ~80% will just move to cold storage or be borrowed against. However, 100% of distributed #Bcash will hit the market.
— Samson Mow (@Excellion) July 16, 2024
Bitcoin plunged by roughly 3.7% earlier today, falling back to the $62,500 zone. This decline was followed by a small recovery. As of this writing, Bitcoin is changing hands at $63,815.
Mow has doubled down on his $1 million Bitcoin forecast that he gave earlier this year.
"Bitcoin going to $1 million," Mow says, Here's when it may happen
Today, Samson Mow tweeted that “Bitcoin is going to $1 million,” and he added that he is “not uncertain.” In the comments thread, the cryptocurrency influencer shared that he believes it is likely to happen within one year.
#Bitcoin is going to $1.0M. I am not uncertain.
— Samson Mow (@Excellion) July 16, 2024
Mow also offered a comment on the mammoth-sized Bitcoin transactions made by the Mt. Gox crypto exchange today. The platform started moving Bitcoin and Bitcoin Cash in order for payouts to the creditors to start. Mt Gox transacted almost $6 billion in BTC today, causing a substantial BTC price decline.
Earlier this week, Samson Mow tweeted that he does not believe that Bitcoin will ever again decline below the $60,000 price mark. The flagship cryptocurrency has recently started to recover after the recent sell-off initiated by the German government, as it sold 50,000 BTC in multiple transactions to such crypto exchanges as Coinbase, Kraken and Bitstamp.
card
Mow's comment on Mt. Gox's large Bitcoin movements
Chinese cryptocurrency journalist Colin Wu spread the word that the Kraken exchange has received Bitcoin and Bitcoin Cash funds for creditors. The platform will take one or two weeks to start distributing that crypto.
Samson Mow does not believe the Mt. Gox payouts will have any significant impact on the Bitcoin price. He expects only 20% of that Bitcoin to hit the market. As for the remaining 80%, the Jan3 boss believes it will either be moved to cold storage wallets or will be locked in finance apps as users are likely to make some borrowings against this Bitcoin.
But Mow is certain that 100% of the Bitcoin Cash returned to the creditors by Mt. Gox will be sold by the recipients.
Only ~20% of distributed Gox #BTC will hit the market. ~80% will just move to cold storage or be borrowed against. However, 100% of distributed #Bcash will hit the market.
— Samson Mow (@Excellion) July 16, 2024
Bitcoin plunged by roughly 3.7% earlier today, falling back to the $62,500 zone. This decline was followed by a small recovery. As of this writing, Bitcoin is changing hands at $63,815.
💫
LIVEU.today
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Ethereum (ETH) Performs Fundamental $3,500 Breakthrough, Bitcoin (BTC) to Easily Reach $65,000, W...
Ethereum has secured a move above the $3,500 resistance level and might finally gain enough momentum for a move above $4,000 in the future. Unfortunately, however, the second-biggest asset on the market will have to face a fierce 50 EMA resistance level ahead.
Ethereum has demonstrated significant bullish momentum, breaking through significant resistance levels, and is currently trading at $3,358. The way the price is moving indicates that ETH has found strong support, and the bullish trend is further supported by the convergence of important moving averages.
ETH/USD Chart by TradingView
With the recent surge, ETH has surpassed the 50 EMA at $3,312.70, paving the way for a possible run toward the next major resistance level at $3,467. Ethereum's price has been rising steadily since it hit a low of $3,091, as can be seen in the daily chart. As the RSI is currently at 55, there is still an opportunity for an increase in price before the asset is overbought.
The bullish outlook is further supported by the rising trading volume, which indicates that investors are becoming more interested and involved compared to last week.
Bitcoin aiming at $65,000?
Bitcoin might be on its way to $65,000 as the asset broke above $60,000 as soon as the selling winded down on the market, with large players like the German government running out of BTC to sell and pushing the market down.
Right now, Bitcoin is trading at $62,894, a significant increase of around 3%. A reduction in selling pressure and a change in market sentiment have propelled this upward momentum.
The bullish view has been strengthened by Bitcoin's ability to breach multiple significant resistance levels as a result of the recent price surge. As it approaches the 50 EMA at $64,027, the daily chart displays Bitcoin comfortably above the 100 EMA at $62,580. The psychological $65,000 mark represents the next big obstacle that needs to be overcome in order to open the door to more gains.
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The positive price action has also been aided by a decrease in selling pressure from major holders like the German government. This bullish narrative is also supported by on-chain data. Large transactions and overall transaction volume have noticeably increased, suggesting increased interest and activity in Bitcoin.
Since more people are participating in the market and making purchases and sales, this increase in activity frequently occurs before significant price movements. But one must exercise caution at all times. Despite the bullish trend at the moment, Bitcoin needs to keep moving forward and convincingly break through the $65,000 barrier. The upward trajectory could be stopped by any large losses or increased pressure to sell.
XRP hits 200 EMA
XRP reached the 200 EMA resistance level after its impressive 18% price surge. The likelihood of the breakthrough is more than real, however, only time will tell how long it will take for us to witness a move above $0.52 on XRP.
XRP has increased by 18% over the past day to trade at $0.5297. With the recent spike, XRP is getting closer to breaking through the crucial 200 EMA resistance level, which is currently at $0.5294. As XRP has always exhibited strength when it breaks through this resistance level, it may indicate a major bullish trend.
The daily chart indicates that XRP has overcome other significant moving average, such as the 100 EMA at $0.4870 and the 50 EMA at $0.5073. The positive outlook for XRP is influenced by a number of factors. First of all, there has been a general uptrend in market sentiment, with several cryptocurrencies seeing gains.
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Additionally, investor confidence has increased due to recent partnerships and developments involving Ripple, the company that created XRP. But caution is still necessary. The 200 EMA resistance level has historically been difficult to overcome, and if XRP is unable to maintain its current momentum, there is always a chance that prices will retrace.
To determine the strength of the current uptrend, traders and investors should keep a close eye on volume and price movement. The bullish case for XRP is further supported by on-chain data, which demonstrates a significant increase in transaction volume and activity. Further gains and possibly higher price targets could result from a breakthrough above the $0.52 level, if the buying pressure persists and XRP can sustain its momentum.
Ethereum has demonstrated significant bullish momentum, breaking through significant resistance levels, and is currently trading at $3,358. The way the price is moving indicates that ETH has found strong support, and the bullish trend is further supported by the convergence of important moving averages.
ETH/USD Chart by TradingView
With the recent surge, ETH has surpassed the 50 EMA at $3,312.70, paving the way for a possible run toward the next major resistance level at $3,467. Ethereum's price has been rising steadily since it hit a low of $3,091, as can be seen in the daily chart. As the RSI is currently at 55, there is still an opportunity for an increase in price before the asset is overbought.
The bullish outlook is further supported by the rising trading volume, which indicates that investors are becoming more interested and involved compared to last week.
Bitcoin aiming at $65,000?
Bitcoin might be on its way to $65,000 as the asset broke above $60,000 as soon as the selling winded down on the market, with large players like the German government running out of BTC to sell and pushing the market down.
Right now, Bitcoin is trading at $62,894, a significant increase of around 3%. A reduction in selling pressure and a change in market sentiment have propelled this upward momentum.
The bullish view has been strengthened by Bitcoin's ability to breach multiple significant resistance levels as a result of the recent price surge. As it approaches the 50 EMA at $64,027, the daily chart displays Bitcoin comfortably above the 100 EMA at $62,580. The psychological $65,000 mark represents the next big obstacle that needs to be overcome in order to open the door to more gains.
card
The positive price action has also been aided by a decrease in selling pressure from major holders like the German government. This bullish narrative is also supported by on-chain data. Large transactions and overall transaction volume have noticeably increased, suggesting increased interest and activity in Bitcoin.
Since more people are participating in the market and making purchases and sales, this increase in activity frequently occurs before significant price movements. But one must exercise caution at all times. Despite the bullish trend at the moment, Bitcoin needs to keep moving forward and convincingly break through the $65,000 barrier. The upward trajectory could be stopped by any large losses or increased pressure to sell.
XRP hits 200 EMA
XRP reached the 200 EMA resistance level after its impressive 18% price surge. The likelihood of the breakthrough is more than real, however, only time will tell how long it will take for us to witness a move above $0.52 on XRP.
XRP has increased by 18% over the past day to trade at $0.5297. With the recent spike, XRP is getting closer to breaking through the crucial 200 EMA resistance level, which is currently at $0.5294. As XRP has always exhibited strength when it breaks through this resistance level, it may indicate a major bullish trend.
The daily chart indicates that XRP has overcome other significant moving average, such as the 100 EMA at $0.4870 and the 50 EMA at $0.5073. The positive outlook for XRP is influenced by a number of factors. First of all, there has been a general uptrend in market sentiment, with several cryptocurrencies seeing gains.
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Additionally, investor confidence has increased due to recent partnerships and developments involving Ripple, the company that created XRP. But caution is still necessary. The 200 EMA resistance level has historically been difficult to overcome, and if XRP is unable to maintain its current momentum, there is always a chance that prices will retrace.
To determine the strength of the current uptrend, traders and investors should keep a close eye on volume and price movement. The bullish case for XRP is further supported by on-chain data, which demonstrates a significant increase in transaction volume and activity. Further gains and possibly higher price targets could result from a breakthrough above the $0.52 level, if the buying pressure persists and XRP can sustain its momentum.
💯💫
LIVEMoon5labs
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Elon Musk and Justin Sun Endorse Donald Trump Post-Attack
Elon Musk, CEO of Tesla, and Justin Sun, founder of Tron, have publicly endorsed former U.S. President Donald Trump for his 2024 presidential run following a failed assassination attempt on July 13.
Crypto Figures Take a Stand
The upcoming election is seen as pivotal for the cryptocurrency industry, with significant implications for its future. The attempt on Trump's life by a 20-year-old has caused ripples in the market, but the response has been one of resilience. This reaction reflects a vote of confidence in Trump from the crypto sector.
Following the attack, Bitcoin saw a rise of more than 1.77% to $59,659, and Ethereum (ETH) increased by 1.07% to $3,184. Trump’s memecoin, MAGA (TRUMP), surged by over 50% to $8.27.
Industry leaders have made their positions clear. Elon Musk posted on X, endorsing Trump and wishing him a speedy recovery. Justin Sun echoed Musk's sentiments, stating Trump is a better choice for the crypto industry and can ensure fairer treatment.
Market and Political Implications
This endorsement comes at a critical time as the Biden Administration seeks to win crypto votes through balanced policies. The endorsement has influenced market sentiment, with Polymarket odds for Trump's re-election jumping to 71%, compared to Joe Biden's 17%.
Musk's Influence on Crypto Leadership
Justin Sun’s endorsement closely followed Musk’s post on X, highlighting Musk's influence in the crypto world. Sun's actions mirror Musk’s strategic moves, such as buying Twitter and rebranding it to X, while Sun is considering purchasing the Chinese social media platform Weibo.
The ripple effect of Musk’s endorsement on other crypto leaders remains to be seen, but it underscores his significant sway within the industry.
Conclusion
Elon Musk and Justin Sun’s endorsements signal a strong alignment of prominent crypto figures with Donald Trump. As the election approaches, the impact of these endorsements on the crypto market and political landscape will be closely watched.
#crypto #Musk #Trump #tron
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Crypto Figures Take a Stand
The upcoming election is seen as pivotal for the cryptocurrency industry, with significant implications for its future. The attempt on Trump's life by a 20-year-old has caused ripples in the market, but the response has been one of resilience. This reaction reflects a vote of confidence in Trump from the crypto sector.
Following the attack, Bitcoin saw a rise of more than 1.77% to $59,659, and Ethereum (ETH) increased by 1.07% to $3,184. Trump’s memecoin, MAGA (TRUMP), surged by over 50% to $8.27.
Industry leaders have made their positions clear. Elon Musk posted on X, endorsing Trump and wishing him a speedy recovery. Justin Sun echoed Musk's sentiments, stating Trump is a better choice for the crypto industry and can ensure fairer treatment.
Market and Political Implications
This endorsement comes at a critical time as the Biden Administration seeks to win crypto votes through balanced policies. The endorsement has influenced market sentiment, with Polymarket odds for Trump's re-election jumping to 71%, compared to Joe Biden's 17%.
Musk's Influence on Crypto Leadership
Justin Sun’s endorsement closely followed Musk’s post on X, highlighting Musk's influence in the crypto world. Sun's actions mirror Musk’s strategic moves, such as buying Twitter and rebranding it to X, while Sun is considering purchasing the Chinese social media platform Weibo.
The ripple effect of Musk’s endorsement on other crypto leaders remains to be seen, but it underscores his significant sway within the industry.
Conclusion
Elon Musk and Justin Sun’s endorsements signal a strong alignment of prominent crypto figures with Donald Trump. As the election approaches, the impact of these endorsements on the crypto market and political landscape will be closely watched.
#crypto #Musk #Trump #tron
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
😍😍😍
LIVEU.today
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Biggest XRP Recovery in 2024, Will Shiba Inu (SHIB) Join Explosive Market Rally? Bitcoin (BTC): A...
XRP had the biggest price recovery since the beginning of the year, successfully securing the $0.52 price threshold. However, complicated times are ahead with a strong resistance at 200 EMA waiting.
The price of XRP has recovered significantly in the last 48 hours, rising to $0.5288. The 50 EMA at $0.4871, the 100 EMA at $0.5070 and the 200 EMA at $0.5295 have all been broken by XRP during this rally. Reaching these important benchmarks demonstrates the strong buying pressure and restored investor faith in XRP.
XRP/USDT Chart by TradingView
Additional evidence of the bullish sentiment is the significant increase in the daily trading volume. This increased activity implies that more investors and traders are taking part, which will accelerate XRP's upward trend. Although this points to significant buying interest, it also calls for caution because it might cause a temporary decline. On-chain data highlights the increasing interest in XRP even more.
While the number of transaction transfers has increased to 1.47 million, the total number of transactions has surged to 2.55 million. These indicators point to increased activity and usage on the XRP network, which has caused a recent price increase.
Shiba Inu's potential reversal
Shiba Inu could be on the verge of entering a reversal as the price of the token is successfully climbing at $0.000017 and might go upward from there. However, despite the market-wide recovery, the trading volume is still low.
Shiba Inu, which is currently trading at $0.00001730, has recovered from its recent lows with encouraging signs. Key support levels such as the 50 EMA at $0.00001749 have been overcome by the token.
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In line with the general bullish sentiment observed throughout the cryptocurrency market, this upward movement suggests a possible reversal. SHIB is getting closer to the 100 EMA resistance level at $0.00002006 as can be seen on the daily chart. If this barrier is successfully broken above, SHIB may reach greater heights, and the bullish trend will be further validated.
As a potential obstacle to continued upward momentum, traders should be aware of the strong resistance the 200 EMA presents at $0.00002041. Trading volume is still a concern even with the positive price action. A strong market participation may not be providing enough support for the recent price gains, as evidenced by the lack of a corresponding increase in volume.
Bitcoin's unexpected skyrocketing
Bitcoin has gained a strong foothold above the $60,000 price threshold. However, we might see $70,000 sooner than expected, the current price dynamic of the asset shows.
With a current market value of $60,128, Bitcoin has demonstrated unexpected yet powerful performance. With the recent price movement, Bitcoin has broken through significant resistance levels, such as the 100 EMA at $62,559 and the 50 EMA at $60,478.
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The 200 EMA at $64,125 is the next noteworthy resistance level to keep an eye on. The road to $70,000 becomes much more obvious if Bitcoin can continue to rise and break through this barrier.
Numerous assets are performing well, and the cryptocurrency market has been rebounding. This general feeling of optimism is probably going to help Bitcoin too. Furthermore, the demand for Bitcoin is still being driven by macroeconomic factors like institutional interest in cryptocurrencies and concerns about inflation.
In addition, market analysis and on-chain data indicate that solid fundamentals underpin Bitcoin's bullish path. Positive trends can be seen in metrics like the hash rate, transaction volume and the number of active addresses.
The price of XRP has recovered significantly in the last 48 hours, rising to $0.5288. The 50 EMA at $0.4871, the 100 EMA at $0.5070 and the 200 EMA at $0.5295 have all been broken by XRP during this rally. Reaching these important benchmarks demonstrates the strong buying pressure and restored investor faith in XRP.
XRP/USDT Chart by TradingView
Additional evidence of the bullish sentiment is the significant increase in the daily trading volume. This increased activity implies that more investors and traders are taking part, which will accelerate XRP's upward trend. Although this points to significant buying interest, it also calls for caution because it might cause a temporary decline. On-chain data highlights the increasing interest in XRP even more.
While the number of transaction transfers has increased to 1.47 million, the total number of transactions has surged to 2.55 million. These indicators point to increased activity and usage on the XRP network, which has caused a recent price increase.
Shiba Inu's potential reversal
Shiba Inu could be on the verge of entering a reversal as the price of the token is successfully climbing at $0.000017 and might go upward from there. However, despite the market-wide recovery, the trading volume is still low.
Shiba Inu, which is currently trading at $0.00001730, has recovered from its recent lows with encouraging signs. Key support levels such as the 50 EMA at $0.00001749 have been overcome by the token.
card
In line with the general bullish sentiment observed throughout the cryptocurrency market, this upward movement suggests a possible reversal. SHIB is getting closer to the 100 EMA resistance level at $0.00002006 as can be seen on the daily chart. If this barrier is successfully broken above, SHIB may reach greater heights, and the bullish trend will be further validated.
As a potential obstacle to continued upward momentum, traders should be aware of the strong resistance the 200 EMA presents at $0.00002041. Trading volume is still a concern even with the positive price action. A strong market participation may not be providing enough support for the recent price gains, as evidenced by the lack of a corresponding increase in volume.
Bitcoin's unexpected skyrocketing
Bitcoin has gained a strong foothold above the $60,000 price threshold. However, we might see $70,000 sooner than expected, the current price dynamic of the asset shows.
With a current market value of $60,128, Bitcoin has demonstrated unexpected yet powerful performance. With the recent price movement, Bitcoin has broken through significant resistance levels, such as the 100 EMA at $62,559 and the 50 EMA at $60,478.
card
The 200 EMA at $64,125 is the next noteworthy resistance level to keep an eye on. The road to $70,000 becomes much more obvious if Bitcoin can continue to rise and break through this barrier.
Numerous assets are performing well, and the cryptocurrency market has been rebounding. This general feeling of optimism is probably going to help Bitcoin too. Furthermore, the demand for Bitcoin is still being driven by macroeconomic factors like institutional interest in cryptocurrencies and concerns about inflation.
In addition, market analysis and on-chain data indicate that solid fundamentals underpin Bitcoin's bullish path. Positive trends can be seen in metrics like the hash rate, transaction volume and the number of active addresses.
😍😍😍
LIVEU.today
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Shiba Inu (SHIB) Fights Major Barrier for 50% Upside Gains
Dog-themed cryptocurrency Shiba Inu (SHIB) might be on the verge of a significant price movement if a key resistance level is surmounted.
Shiba Inu is enjoying gains with the rest of the crypto market up 2.88% in the last 24 hours to trade at $0.0000178. If today closes in the green, SHIB will have marked its fourth consecutive day of gains.
Notably, SHIB enjoyed positive momentum over the weekend, steadily climbing higher following its rebound from Friday lows of $0.00001578.
The extended rebound has brought SHIB to a nearly three-week high, with bulls targeting higher resistance levels. In this scenario, SHIB might aim for as much as 50% upside gains, However, the path to the upside is fraught with challenges, as SHIB is currently entrapped in a significant resistance range.
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The recent surge in price has brought SHIB to a critical range, where breaking past a key resistance level could pave the way for substantial gains.
422 trillion SHIB held at critical price range
According to IntoTheBlock data, 422.56 trillion SHIB are currently being held by 36,730 addresses in the range of $0.000017 and $0.000019 at an average price of $0.000018.
The enormous volume of SHIB held at this point acts as resistance as many of these addresses might look to sell once the market price reaches average cost and they break even on their positions. This might act as a resistance level to a continued price increase at this price range.
Global In/Out of the Money, Courtesy: IntoTheBlock
On the other hand, if SHIB holders at this range decide not to sell, this might trigger bullish momentum, acting as a springboard for further SHIB gains.
In this scenario, SHIB may target the $0.000025 level next, which implies a more than 50% increase from current price levels.
card
In the coming days, the overall sentiment of the broader crypto market will be closely watched. A rising tide lifts all boats, and a bullish trend on major cryptocurrencies like Bitcoin and Ethereum often spills over to altcoins like SHIB.
Traders should also pay attention to the impending moving average crossover on SHIB's daily charts, which might define SHIB's price movement in the short term.
Shiba Inu is enjoying gains with the rest of the crypto market up 2.88% in the last 24 hours to trade at $0.0000178. If today closes in the green, SHIB will have marked its fourth consecutive day of gains.
Notably, SHIB enjoyed positive momentum over the weekend, steadily climbing higher following its rebound from Friday lows of $0.00001578.
The extended rebound has brought SHIB to a nearly three-week high, with bulls targeting higher resistance levels. In this scenario, SHIB might aim for as much as 50% upside gains, However, the path to the upside is fraught with challenges, as SHIB is currently entrapped in a significant resistance range.
card
The recent surge in price has brought SHIB to a critical range, where breaking past a key resistance level could pave the way for substantial gains.
422 trillion SHIB held at critical price range
According to IntoTheBlock data, 422.56 trillion SHIB are currently being held by 36,730 addresses in the range of $0.000017 and $0.000019 at an average price of $0.000018.
The enormous volume of SHIB held at this point acts as resistance as many of these addresses might look to sell once the market price reaches average cost and they break even on their positions. This might act as a resistance level to a continued price increase at this price range.
Global In/Out of the Money, Courtesy: IntoTheBlock
On the other hand, if SHIB holders at this range decide not to sell, this might trigger bullish momentum, acting as a springboard for further SHIB gains.
In this scenario, SHIB may target the $0.000025 level next, which implies a more than 50% increase from current price levels.
card
In the coming days, the overall sentiment of the broader crypto market will be closely watched. A rising tide lifts all boats, and a bullish trend on major cryptocurrencies like Bitcoin and Ethereum often spills over to altcoins like SHIB.
Traders should also pay attention to the impending moving average crossover on SHIB's daily charts, which might define SHIB's price movement in the short term.
My dear, all friends am requesting to you that don't listen to anyone cause what you have buyed in past , for present and for the future obviously it will show you the right path in oneday and in the future . with listening someone's topic don't sell your future coin like @Shiba Inu #shiba⚡ @Pepecoin #pepe⚡ #Matic #ADA/USDT #SolanaUSTD etc etc. They will show you the future 😊 Thank You.
Remember that Bitcoin is going on 100000 $BTC in some days . Just hold it tightly and see your future result 🤞
Remember that Bitcoin is going on 100000 $BTC in some days . Just hold it tightly and see your future result 🤞
Guys now the right position to invest in crypto, dnt take any tension and dnt hesitate . Bitcoin falls down in 58k$ means its big deals . New investors will gain in this position if they buy crypto with their right thinking . Bitcoin will give 10000x returns 🚀 today am telling you note it . 🤘
Bitcoin will go on 10000x means all meme coin and alt coin will up 💫🚀🚀🚀
Bitcoin will go on 10000x means all meme coin and alt coin will up 💫🚀🚀🚀
Dnt think about those shits those are talking about #shiba⚡ & #pepecoin🐸 that all people are selling this coin and converting into #ETH , All are Fake news guys . Just Holdup tightly guys cause again #trump sir is coming back and just see the result 🚀🚀🚀
Blum is coming Guys a new crypto will be listed in here recently only few days left 🤟
#BLUM
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2010: It's useless. 😪
2011: It is very expensive to mine. 🤞
2012: Very volatile.😓
2013: It's late, it's already gone up a lot. 😕
2014: It's dead 💀
2015: I'm tired. 😡
2016: Holding is crazy. 🙄
2017: It's a miracle, but I sold everything. 🚀
2018: It's dead (2) ☠️
2019: I even bought it, but it just fell. 🌠
2020: The pandemic will kill you. 🫁
2021: Altcoins are better 👍
2022: It's just fraud. War will bring down 🥰
2023: It only went up because I switched to stable 👀
2024: It won't make anyone rich anymore 😂
2025: ?
Every year there are new excuses to stay out of Bitcoin's explosive growth.
Altcoins will only grow after it reaches its historic high 👍🚀
💣💣💣💣💣💣💣💣💣💣💣💣💣💣💣💣
2010: It's useless. 😪
2011: It is very expensive to mine. 🤞
2012: Very volatile.😓
2013: It's late, it's already gone up a lot. 😕
2014: It's dead 💀
2015: I'm tired. 😡
2016: Holding is crazy. 🙄
2017: It's a miracle, but I sold everything. 🚀
2018: It's dead (2) ☠️
2019: I even bought it, but it just fell. 🌠
2020: The pandemic will kill you. 🫁
2021: Altcoins are better 👍
2022: It's just fraud. War will bring down 🥰
2023: It only went up because I switched to stable 👀
2024: It won't make anyone rich anymore 😂
2025: ?
Every year there are new excuses to stay out of Bitcoin's explosive growth.
Altcoins will only grow after it reaches its historic high 👍🚀
💣💣💣💣💣💣💣💣💣💣💣💣💣💣💣💣
#donald Trump claims he's having fun with crypto, despite losing over $3 million in 60 days.
Republican presidential candidate Donald Trump has been involved in various crypto projects in recent years and has embraced crypto payments. However, his cryptocurrency portfolio has recently seen a downturn, now worth millions less than it was earlier this year.
Trump's involvement in the crypto space began with royalties from the Trump Digital Trading Cards NFT collection, selling 45,000 #NFTs for $99 each, netting him over 1,700 Ethereum (ETH). He later sold 1,075 ETH tokens in late 2023, generating $2.4 million in proceeds.
More recently, Trump launched a collection of 1,000 sneakers at a Sneaker Con in Philadelphia, priced at $399 a pair, which sold out quickly. Trump mentioned accepting Bitcoin as a payment method for the sneakers, stating he viewed #cryptocurrencies as "new crazy currencies" and enjoyed both making money and having fun with them.
One of the crypto assets Trump has benefited from is MAGA Coin (TRUMP), which went from less than $0.01 at launch to an all-time high of over $11.50. Trump received 580,000 TRUMP tokens at launch, initially worth a few thousand dollars but peaking at over $6.7 million. However, TRUMP's price has since dropped, and Trump's holdings are now valued at around $2.5 million.
Since early March, Trump's portfolio has seen a $3.3 million decline. At its peak, his portfolio was valued at over $8.5 million when TRUMP hit its #ATH and his #ETH🔥🔥🔥 neared $4,000. However, TRUMP's value has fallen by more than 50% since then, as has ETH's value.
Although ETH and TRUMP make up the majority of Trump's portfolio, he also holds over 60 other meme coins likely sent by his supporters. These holdings account for only a fraction of his $5.3 million wallet address.
Despite the paper losses, Trump remains invested in his crypto holdings, which could potentially help offset legal fees and penalties.
#Binance #NFT #Bitcoin
Republican presidential candidate Donald Trump has been involved in various crypto projects in recent years and has embraced crypto payments. However, his cryptocurrency portfolio has recently seen a downturn, now worth millions less than it was earlier this year.
Trump's involvement in the crypto space began with royalties from the Trump Digital Trading Cards NFT collection, selling 45,000 #NFTs for $99 each, netting him over 1,700 Ethereum (ETH). He later sold 1,075 ETH tokens in late 2023, generating $2.4 million in proceeds.
More recently, Trump launched a collection of 1,000 sneakers at a Sneaker Con in Philadelphia, priced at $399 a pair, which sold out quickly. Trump mentioned accepting Bitcoin as a payment method for the sneakers, stating he viewed #cryptocurrencies as "new crazy currencies" and enjoyed both making money and having fun with them.
One of the crypto assets Trump has benefited from is MAGA Coin (TRUMP), which went from less than $0.01 at launch to an all-time high of over $11.50. Trump received 580,000 TRUMP tokens at launch, initially worth a few thousand dollars but peaking at over $6.7 million. However, TRUMP's price has since dropped, and Trump's holdings are now valued at around $2.5 million.
Since early March, Trump's portfolio has seen a $3.3 million decline. At its peak, his portfolio was valued at over $8.5 million when TRUMP hit its #ATH and his #ETH🔥🔥🔥 neared $4,000. However, TRUMP's value has fallen by more than 50% since then, as has ETH's value.
Although ETH and TRUMP make up the majority of Trump's portfolio, he also holds over 60 other meme coins likely sent by his supporters. These holdings account for only a fraction of his $5.3 million wallet address.
Despite the paper losses, Trump remains invested in his crypto holdings, which could potentially help offset legal fees and penalties.
#Binance #NFT #Bitcoin
Shiba Inu Team Announces Shibarium Updates For 2024-2025
According to U.Today, the Shiba Inu team has announced a series of updates for Shibarium, their blockchain platform, for the years 2024 and 2025. The information was shared by Lucie, the marketing expert of SHIB, via a Twitter post. The updates include the release of a new version of the ShibaSwap DEX, version 1.75, which will be followed by the 2.0 iteration.
The team also plans to complete the much-anticipated Shiba Inu Metaverse project, which includes multiple hubs and virtual land for sale. A new version of the Shiba Eternity game for smartphones is also in the pipeline. The TREAT token, along with a testnet of the layer-3 solution built on top of Shibarium, is also set to be launched. The TREAT token will power the new blockchain that the team, led by Shytoshi Kusama, is currently developing.
Lucie also mentioned that functional DAOs on Shibarium will become available for all tokens currently used in the Shiba Inu ecosystem. She emphasized that all the updates she listed were already publicly known. The SHIB team is committed to completing the projects they started earlier, with the layer-3 blockchain being the only recently announced project.
In a separate social media message, Shytoshi Kusama, the enigmatic leader of the SHIB team, confirmed the upcoming release of ShibaSwap 1.75 before the rollout of version 2.0. Kusama also addressed critics of Shiba Inu, reminding them of the time and energy he has invested in building SHIB and Shibarium. He concluded his message by criticizing those spreading fear, uncertainty, and doubt about the project. #SHIBA🔥 #SHIBA✅🚀
According to U.Today, the Shiba Inu team has announced a series of updates for Shibarium, their blockchain platform, for the years 2024 and 2025. The information was shared by Lucie, the marketing expert of SHIB, via a Twitter post. The updates include the release of a new version of the ShibaSwap DEX, version 1.75, which will be followed by the 2.0 iteration.
The team also plans to complete the much-anticipated Shiba Inu Metaverse project, which includes multiple hubs and virtual land for sale. A new version of the Shiba Eternity game for smartphones is also in the pipeline. The TREAT token, along with a testnet of the layer-3 solution built on top of Shibarium, is also set to be launched. The TREAT token will power the new blockchain that the team, led by Shytoshi Kusama, is currently developing.
Lucie also mentioned that functional DAOs on Shibarium will become available for all tokens currently used in the Shiba Inu ecosystem. She emphasized that all the updates she listed were already publicly known. The SHIB team is committed to completing the projects they started earlier, with the layer-3 blockchain being the only recently announced project.
In a separate social media message, Shytoshi Kusama, the enigmatic leader of the SHIB team, confirmed the upcoming release of ShibaSwap 1.75 before the rollout of version 2.0. Kusama also addressed critics of Shiba Inu, reminding them of the time and energy he has invested in building SHIB and Shibarium. He concluded his message by criticizing those spreading fear, uncertainty, and doubt about the project. #SHIBA🔥 #SHIBA✅🚀
According to CryptoPotato, Ethereum's price has been experiencing increased selling activity after a period of consolidation and corrective movements, leading to a slight decline toward the 100-day moving average. The key question is whether Ethereum sellers will manage to break below this significant moving average.
A detailed analysis of the daily chart reveals that following an extended phase of corrective retracements, with the price testing the critical resistance region of $3.2K, the market experienced heightened selling pressure, resulting in a slight downturn. Consequently, the Ethereum price is now testing a crucial support level marked by the 100-day moving average at $3086. This range holds significance as it typically attracts considerable demand, potentially limiting further downward pressure from sellers. However, given the current market sentiment and recent price action, Ethereum appears to lack sufficient momentum and buying activity, increasing the likelihood of a new bearish trend in the short term.
A closer examination of the 4-hour chart reveals that following a period of sideways consolidation near the lower boundary of the wedge pattern, which aligns with the support region around $3K, the price experienced notable buying pressure, leading to a bullish reversal. This intensified demand resulted in a significant surge towards a critical resistance region, encompassing the 0.5 ($3234) and 0.618 ($3324) Fibonacci levels. However, sellers regained control and halted the upward momentum, causing a renewed bearish downturn, indicating a notable bearish sign for the market.
With Ethereum’s price failing to surpass the $3.7K level, investors may be interested in understanding the behavior of futures market traders. The 14-day moving average of the Taker Buy Sell Ratio, a metric that gauges the aggressiveness of buyers relative to sellers, has been on a sharp decline over the past few weeks. Moreover, the ratio has recently been steadily decreasing, nearing its lowest point since September 2022. This downward trend is concerning $ETH
A detailed analysis of the daily chart reveals that following an extended phase of corrective retracements, with the price testing the critical resistance region of $3.2K, the market experienced heightened selling pressure, resulting in a slight downturn. Consequently, the Ethereum price is now testing a crucial support level marked by the 100-day moving average at $3086. This range holds significance as it typically attracts considerable demand, potentially limiting further downward pressure from sellers. However, given the current market sentiment and recent price action, Ethereum appears to lack sufficient momentum and buying activity, increasing the likelihood of a new bearish trend in the short term.
A closer examination of the 4-hour chart reveals that following a period of sideways consolidation near the lower boundary of the wedge pattern, which aligns with the support region around $3K, the price experienced notable buying pressure, leading to a bullish reversal. This intensified demand resulted in a significant surge towards a critical resistance region, encompassing the 0.5 ($3234) and 0.618 ($3324) Fibonacci levels. However, sellers regained control and halted the upward momentum, causing a renewed bearish downturn, indicating a notable bearish sign for the market.
With Ethereum’s price failing to surpass the $3.7K level, investors may be interested in understanding the behavior of futures market traders. The 14-day moving average of the Taker Buy Sell Ratio, a metric that gauges the aggressiveness of buyers relative to sellers, has been on a sharp decline over the past few weeks. Moreover, the ratio has recently been steadily decreasing, nearing its lowest point since September 2022. This downward trend is concerning $ETH
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🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨
1️⃣ Current Price Dip
Bitcoin has fallen below $62,000, causing concern among investors.
2️⃣ PlanB’s Analysis
PlanB, a renowned analyst, uses the stock-to-flow (S2F) model.
He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000.
3️⃣ Significance of Actual Price in Bull Markets
Historically, Bitcoin rarely falls below its five-month actual price during bull markets.
This price level serves as a strong support line.
Bitcoin is expected to rebound from the $65,000 level.
4️⃣ Relative Strength Index (RSI)
RSI is a key momentum indicator to assess if an asset is overbought or oversold.
PlanB predicts that RSI values will align with peak levels from previous cycles.
This suggests exponential returns for Bitcoin.
5️⃣ Future Market Behavior
PlanB believes the current bull market will see exponential gains, not diminishing returns.
RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021.
📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook.
📌 Stay tuned for more crypto insights! 👍
Disclaimer: This post is for informational purposes only and should not be considered financial advice.
#bitcoin #Binance
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