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$FLOKI Floki Inu Price Needs to Drop 20% before It Becomes Attractive to Buyers

Floki Inu price is showing signs that suggest a potential correction may be near.
Investors can expect FLOKI to lose 20% of its market value and retest $0.000216.

A sweep of the $0.216 support level could be a good place to buy on dips for absent buyers.

Floki Inu (FLOKI) price has been rising, but certain signs suggest that this steady uptrend may not continue. Conversely, FLOKI could slide lower, allowing buyers to accumulate meme coins.
Floki Inu price has a chance of being corrected

Floki Inu price formed a bearish divergence in the one-hour time frame, which is very similar to what happened in early March. Between March 1 and 4, FLOKI formed a higher high, but the momentum indicator produced a lower low, indicating a divergence. As indicators showed a decline in momentum, the meme coin eventually triggered a 48% correction.

Considering the ongoing bearish divergence between Floki Inu price and momentum indicators, history is likely to repeat itself. Therefore, investors can expect this meme coin to start another correction. There are two major swing lows – $0.000245 and $0.000216. The first target is about 12% away, and the second target is 22% away from the current price, which is $0.000278.

If the overall market outlook remains bullish, then sweeping the second swing low would be a good buying opportunity.

$SOL Solana (SOL) Price Prediction 2024, 2025, 2026-2030

In this Solana (SOL) price predictions 2024, 2025, 2026-2030, we will analyze the SOL price patterns using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency . Solana (SOL) Price Prediction 2024 — RVOL, MA, and RSI

Technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Solana (SOL) are shown in the chart below.

$BTC Bitcoin Price Could Rise to $280,000 in 3 Years because of ETF!

Bitcoin Price Could Rise to $280,000 in 3 Years due to ETF

Bitcoin Price Could Rise to $280,000 in 3 Years due to ETF

Published 03/14/2024 07:56

JMP Securities analyst delivers an interesting prediction on the price of Bitcoin (BitfinexUSD). The investment firm indicated that Bitcoin prices could potentially surge to $280,000 in the next three years, driven by anticipated Bitcoin ETF inflows.

This bold estimate, as expected, attracted interest and sparked debate regarding the impact of ETF inflows on Bitcoin prices.

Bitcoin prices soar

Bitcoin has seen an incredible surge over the past year or so, with prices continuing to rise through 2023 before surging in late January and throughout February 2024. The SEC's long-awaited approval of the Bitcoin Spot ETF in January helped its price rise.

This significant increase in the value of Bitcoin has caught the attention of investors and financial experts once again, sparking discussions about the potential implications for the crypto market in the coming years.

Bitcoin ETF inflow forecast

JMP Securities analysts estimate $220 billion flowing into Bitcoin ETFs over the next three years. This is a multiple of what has been experienced.

The firm is quite bullish on the prospects of a spot Bitcoin ETF and its implications for the broader crypto market, and while they appreciate that there has been a step in engagement from the industry following the launch of the ETF, the firm argues that the activity and flows experienced thus far “are likely still a the tip of the iceberg."

"We estimate that after fund flows of ~$10 billion to date, two months after launch, fund flows will continue to grow materially over the next several years as ETF approval is just the beginning of a longer capital allocation process," JMP said.

$XRP CEO Ripple: Real World Utility Expected to Be Bullish Driver for XRP Price

The recent rise in the price of #RIPPEL XRP is a striking reflection of the excitement sweeping the crypto market at large, tipped to climb even higher.

Amidst a wave of optimism and speculation surrounding key milestones such as the potential introduction of an ETF for crypto and the highly anticipated Bitcoin truncation event, XRP is emerging as a noteworthy contender in the digital currency space.

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$BTC $ETH Ajaib Crypto Flash: Bitcoin Sets Another Record & Ethereum Prepares to Upgrade!

March 13, 2024

Bitcoin (BTC) hit a new record high above $70,000 on the back of demand for a new US spot Bitcoin ETF and expectations of a global interest rate cut. This increase strengthened the occurrence of the Bitcoin Halving event in April.

The Ethereum (ETH ) blockchain is looking forward to the Dencun upgrade which will launch on March 13, 2024 . It is estimated that it will reduce transaction costs (gas fees) on the layer-2 network.

Wednesday (13/3) morning at 08:00 WIB Bitcoin (BTC) moved at $71,429 down 1.05% after successfully setting a new all time high at $72,800. Meanwhile, Ethereum (ETH) also fell 1.78% to hit $3,979. Thus, the total market capitalization of Crypto Assets is at the level of $2.617 Trillion, down by 0.68% in the last 24 hours.

Wall Street closed higher on Tuesday (13/3) after inflation data came close to market expectations, paving the way for investors to return to buying leading technology stocks, such as Nvidia and Meta. The Dow Jones rose 0.61% to 39,005 and the Nasdaq Composite rose 1.54% to 16,265. Meanwhile the S&P 500 rose 1.12% to 5,175, topping its previous record closing high on March 7.

Tuesday (13/3) The United States (US) dollar index rose slightly by 0.06% to 102,930 due to the CPI report which was slightly above market expectations. Tuesday's February US CPI report of 0.4% MoM was in line with market expectations. Meanwhile, the annual CPI figure of 3.2% YoY was slightly stronger than market expectations of 3.1%, but only 0.2 points above the lowest level of 3.0% YoY in June 2023.

$BTC BlackRock's Bitcoin Now More Than MicroStrategy's

According to data collected by BitMEX Research and information directly from the BlackRock website, IBIT held 195,985 BTC worth around US$13.57 billion as of Friday (8/3). This amount of Bitcoin was collected since the first trading day on January 11.

Excluding the Grayscale Bitcoin Trust (GBTC), the 9 newly launched Bitcoin spot ETFs collectively hold more than US$28 billion in Bitcoin assets. In this way, this amount exceeds GBTC's holdings which reached around US$27.42 billion.

$BTC Bitcoin Predicted to Experience a Sales Liquidity Crisis in Six Months!

CryptoQuant CEO, Ki Young Ju, has expressed his concerns regarding the possibility of a Bitcoin sales liquidity crisis in the next six months.

He indicated that this could be due to the growing trend of Bitcoin Spot ETF inflows, which recently reached a trading volume of US$10 billion.

In his view, this could trigger an unprofitable increase in Bitcoin prices for potential buyers who hope the price will fall. Ju emphasized that the “Bears” (dip hunters) will not profit until inflows into spot Bitcoin ETFs stop.

According to Ju, if inflows into ETFs do not stop, Bitcoin prices will likely exceed expectations, and a selling liquidity crisis could officially occur.

He said that this crisis would occur if the accumulation addresses collectively held three million BTC, while at the moment, the addresses only hold 1.6 million BTC.

Meanwhile, data from BitMEX research shows that Bitcoin ETFs in the US now hold nearly 4% of the total Bitcoin supply, amounting to 776,464 BTC worth US$47.7 billion. Additionally, the US government is another large holder, with it estimated to control up to 215,000 BTC worth $13.23 billion, or about 1.1% of Bitcoin's circulating supply.

Meanwhile about 10% of Bitcoin's supply is on crypto exchanges, slightly more than is owned by miners. However, there is uncertainty regarding the address associated with Bitcoin's creator, Satoshi Nakamoto, with whom no transactions have occurred. The address is estimated to contain between 600,000 BTC and 1.1 million BTC, equivalent to 3% to 5.6% of the circulating supply.

Meanwhile, a study from Chainalysis in 2020 suggested that around 3.7 million BTC may be lost forever, meaning 19% of the supply may never move again. #DYORR

$SHIB #SHIBA🔥 ETF #SHIBA🔥 inu in sight 💯🚀💯 Shiba Inu (SHIB) proponents are riding a wave of anticipation and excitement over the potential launch of its spot ETF by Grayscale Investments, one of the leading digital asset management firms.

SHIB ETF is Real?

This likely marks an important milestone for SHIB, as it not only represents wider acceptance of the meme cryptocurrency within the realm of serious investment options, but also has the potential to dramatically increase SHIB's value to US$0.0001.

According to a report by Coin Edition, this anticipation is rooted in a petition that was started in late February and has since gained substantial support, gathering 5,200 signatures out of a target of 7,500.

$FLOKI #FLOKI breaks through ATH to become the fourth largest memecoin 💯🚀🚀 Memecoin Floki Inu (FLOKI) broke all time high (ATH) at a price of US$0.000306 today (12/3/24) at 07.00 WIB. This price increase makes FLOKI the fourth largest memecoin based on market capitalization.

Based on data from CoinGecko, FLOKI is the fourth largest crypto asset by market capitalization in the Memecoin sector. The first place is occupied by Dogecoin (DOGE), followed by Shiba Inu (SHIB) in second place, and Pepecoin (PEPE) in third place.

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$JASMY $SHIB $DOGE #PEPE‏ Whales Transfer large volumes of SHIB, DOGE and PEPE to exchanges

According to data from crypto intelligence tracker, two whales deposited $10.6 million worth of SHIB and PEPE into centralized exchanges Gemini, Crypto.com, and OKEx. Nearly four years ago, one of them scooped up 15.2 trillion SHIB tokens, of which they transferred 200 billion to Gemini and Crypto.com. The whale's SHIB transfer was worth $6.49 million.

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$SHIB Altcoin masih mengalami tren bullish jadi jangan lewatkan kesempatan untuk membeli #Shiba.Inu sebelum halving #btc keep strong buy and hold 💯🚀🚀

$JASMY now it's #JASMY 's turn to fly the cryotocurency analysts have predicted that it will happen 🚀

#SHIBA_INU is expected to return to its highest ath after the halving #bitcoin so prepare ourselves to go to the buy and hold month sis 🚀🚀🚀🚀