Crypto Analyst Predicts 10X Gains: Top 4 Altcoins to Watch
✨ Miles Deutscher highlights $SUPER, $TAO, $RENDER, and $OM for potential 10X gains amid GameFi, AI, DePIN, and RWA trends.
✨ $SUPER, $TAO, $RENDER, and $OM benefit from gaming, AI, decentralized infrastructure, and real-world asset tokenization growth.
✨ Analysts foresee strong returns from these altcoins; investors are urged to consider both short-term and long-term trends.
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🚀 **Crypto News Flash: DeepBook Token Skyrockets!** 🚀
- **DeepBook (DEEP)** token surged 261% on Oct. 15, hitting $0.0380! Market cap now at $85M, with a fully diluted valuation of $339M.
- Developed by ex-Meta engineers, DeepBook is a major player in the Sui (SUI) ecosystem, offering high liquidity, throughput, low latency, and transparent trading.
- Handled $65M in volume last week, making it the 3rd largest DEX on Sui Blockchain.
- 100,000 early supporters received DEEP tokens via airdrop.
- Concerns: Token dilution over 7 years, potential for sharp price reversals.
- Next catalyst: Listings on major exchanges like Binance and Coinbase.
💬 What do you think about DeepBook’s future? Comment below!
💥💥💥 $XRP Set for a 143% Surge? Historic Signal Suggests Big Gains Ahead
XRP Price Set for Potential 143% Rally
- XRP is on the verge of a breakout, with technical indicators suggesting a potential 143% surge. Currently consolidating between $0.50 and $0.70, XRP is hovering around its 200-week moving average—a key level that could trigger significant price movement. If the historic signal holds, XRP may rally to a minimum target of $1.50, with a possible long-term move toward $8.
Short-Term Outlook
- XRP recently broke above $0.54, reaching $0.55 before retracing, and is now consolidating near the top of its range at $0.545, up 1.4% in the last 24 hours. If the price bounces from here, it could climb toward $0.67–$0.70, nearing the next resistance level.
Key Indicator: 200-Week Moving Average
- The 200-week moving average is crucial for predicting XRP's future movement. If XRP breaks above this level and surpasses $0.70, it could trigger a long-term bull run. Key resistance levels include $1.50, $3.29, and potentially up to $8—a 1,490% increase from current levels.
Long-Term Potential
- XRP's macro chart hints at the possibility of an extraordinary 532x return in the next bull run, potentially pushing the price to $454. This is largely dependent on the outcome of the SEC v. Ripple lawsuit, which has restrained XRP's growth since 2021. A resolution could clear the way for XRP to reach these monumental gains in the anticipated 2025 bull run.
In summary, XRP’s technical indicators point to a potential surge, with key levels and the lawsuit outcome being critical factors in its long-term success.
#CryptoMarketTrend #BinanceSquareTalks #XRPPredictions
$75,000 Bitcoin Target Draws Huge Bets as Open Interest Hits Historic High
✨ Bitcoin's Open Interest hits a record $19.8B, signaling increased trader confidence and potential price surge.
✨ Rising liquidity and funding rates reflect bullish sentiment, with traders targeting a $75,000 Bitcoin breakout.
✨ Technical analysis supports the prediction, but an analyst expressed cautioned over extreme market optimism.
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Grayscale considers 35 altcoins for future investment products, including Dogecoin, Worldcoin, and Sui, categorizing them into five groups. This move reflects Grayscale's strategic interest in diversifying beyond Bitcoin and Ethereum, potentially signaling a broader crypto market trend. #Grayscale #CryptoInvestment #Write2Earn!
🎤 Join our Live AMA at the Community Lagoon on the Flamingo Discord and let's have a chat about DeFi, Flamingo, crypto, or anything else!
🗓️ Tuesday, October 29, 2024, 2:00 PM UTC.
📌 Community Lagoon: https://discord.com/events/748375438467793036/1180161768895545516
#Flamingo #AMA $FLM #DeFi #Crypto #Community
Ethereum Foundation Sells Another 100 ETH as Price Rebounds
Just 2 hours ago, the #EthereumFoundation sold another 100 $ETH for 257.958K $DAI as the price bounced back.
Main address: 0xbc9a9ac7dc36b1706732374bf632ef39fb6efbc3
Middle address: 0xd779332c5a52566dada11a075a735b18daa6c1f4
Interestingly, the Ethereum Foundation has been steadily selling small batches of ETH weekly since the beginning of September, totaling 1,450 ETH sold for $3.57M at an average price of $2,459.
This marks another strategic move from the foundation as they continue to cash out during market rebounds.
#ETH #eth #selling
🚀 New Kid on the Blockchain! 🚀
Say hello to Towns, the latest blockchain-enabled messaging app, officially launched today! 🎉 Backed by a cool $25.5M from Andreessen Horowitz (A16z), Towns aims to revolutionize digital communication.
- **Founder:** Ben Rubin (Remember Houseparty & Meerkat?)
- **Tech:** Built on River Protocol (EVM-compatible layer-2 chain)
- **Features:** End-to-end encryption, full data ownership, and transparency
Think Discord meets Slack but with blockchain magic! Dive into the convo and share your thoughts below! 💬👇
DOGS/USDT: Navigating Trend with Key Support and Resistance Levels
$DOGS
{future}(DOGSUSDT)
{spot}(DOGSUSDT)
the DOGS/USDT pair is trading at 0.0007795 and remains within a clear downtrend channel. The 200-period moving average is positioned above the current price at 0.0008370, reinforcing the ongoing bearish sentiment. The VWAP level at 0.0008204 indicates that the price is trading below the average, suggesting continued selling pressure.
Indicators:
Moving Average (MA): The price is trading below the 200 MA, which acts as a strong resistance in this bearish trend. A break and hold above this level would be required for a potential reversal.VWAP: The price is under the VWAP, which further confirms bearish momentum.
RSI: The RSI is around 50.69, sitting in neutral territory, which indicates that there is currently no overbought or oversold condition. This gives the price room for either a bounce or a continuation of the downward trend.
MACD: The MACD shows the signal line and MACD line near zero, with minimal momentum. This suggests sideways action and a potential lack of strong direction until there is a decisive breakout or breakdown.
The DOGS/USDT pair is trending downward, respecting the descending channel shown on the second chart. The moving averages and VWAP both support the bearish bias, while momentum indicators such as the MACD and RSI do not yet signal a potential reversal. As the price nears the upper boundary of the channel, it may encounter significant resistance.
**Blockchain Messaging App 'Towns' Launches Amid Privacy Concerns**
Amid rising concerns over privacy and content moderation in social media, a new blockchain-enabled messaging app, Towns, has officially launched today.
- Towns raised $25.5 million in a Series A funding round led by Andreessen Horowitz (A16z) in February 2023.
- Founded by Ben Rubin, co-founder of Houseparty and Meerkat, Towns aims to set a new standard for digital communication using blockchain technology.
- Built on the River protocol, Towns features an Ethereum-compatible layer-2 chain, decentralized nodes, and smart contracts.
- The app promises full data ownership and transparency for users, similar to platforms like Discord or Slack.
- Towns emphasizes end-to-end encryption to enhance privacy and security.
Stay tuned for more updates on this developing story.
🚀 Crypto veteran who rode Ethereum (ETH) from $1,500 to $4,000 now eyes Cardano (ADA) and Lunex Network (LNEX) for the next big rally! 🌟
- **Lunex Network**: A new DeFi protocol rivaling Uniswap and PancakeSwap with unique tools, multi-chain support, and over 50,000 cryptocurrencies. LNEX token presale at $0.0015.
- **Ethereum**: Price swings between $2,520 and $2,340, showing a bullish trend over the past month.
- **Cardano**: Consolidating with a slight rise; community hopeful for a breakout soon.
What are your thoughts? Comment below! 💬