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NUEVO: 🟠 El porcentaje de Bitcoin que no se ha movido en más de diez años ahora es del 16,84 % 💪
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⭐️ XRP Sees Longest Bollinger Bands Squeeze in History, Hinting at Possible Price Explosion XRP may be laying the groundwork for a massive price explosion due to a historical squeeze in its Bollinger Bands. This indicator, which measures price volatility, has shown major patterns in the past that have often led to notable price explosions. Interestingly, the current data suggests that XRP might be on the verge of another big movement. 🔸 XRP Historical Bollinger Band Squeeze For context, in 2016, XRP began a period of Bollinger Bands compression that lasted from August 2016 to February 2017. During this time, XRP was in a consolidation phase, holding within a relatively stable range. Once this squeeze period concluded, XRP’s price skyrocketed, marking one of the most impressive price surges in its history. In the months following the squeeze, XRP’s value rose dramatically from $0.00555 to an all-time high of $3.31 by January 2018. This marked an increase of nearly 60,000% within a year. After this massive price rise, XRP began to retrace, and by May 2020, another Bollinger Bands squeeze was underway. This squeeze persisted until October 2020, when XRP saw renewed upward momentum. However, XRP’s price rally faced a major challenge when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in December 2020. This lawsuit led to a sudden drop in XRP’s price, with a 66.97% decline in December following a 177.23% rally in November. Despite the setback, XRP’s price did not remain stagnant for long. Following the lawsuit’s initial impact, XRP resumed its bullish trajectory and reached a cycle peak of $1.96 in April 2021. This represented a 717% gain from its low point, achieved despite the legal issues. #XRP #Ripple
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📉 First Capital Outflow From ETFs in the Last 7 Days From 10/23 to 10/31, Bitcoin ETFs saw daily inflows of capital, which in total exceeded $3 billion, but yesterday there was an outflow of $54.9 million. A similar picture was observed from 10/11 to 10/21, when after 7 days of inflow there was an outflow. Bitcoin closed the working week below $70 thousand, but the market sentiment remains optimistic and everyone is preparing for a breakout of a new ATH. 💸 CNBC reports that investors are buying up bonds and Bitcoin ahead of the US presidential election. ✖️ Yesterday, two prominent ETF issuers advanced their XRP-based asset initiatives. Grayscale launched trading for its XRP Trust, and 21Shares filed a formal application on XRP ETF. 🤖 Microsoft is making a big bet on AI with a $10 billion deal with CoreWeave. #ETF #BTC
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🔥 Solana Price Prediction: SOL is eyeing $250 Solana’s price is showing signs of a potential rally, with a target of $250 on the horizon. November is shaping up to be an exciting month for SOL as it rides a wave of strong on-chain growth and breaks out of a bullish flag pattern. In this Solana price prediction article, we’ll explore what’s driving Solana’s upward momentum, the factors fueling investor optimism, and what it could mean for SOL’s price in the coming weeks. 🔸 How has the Solana Price Moved Recently? Solana is currently priced at $166.75, with a 24-hour trading volume of $7.15 billion, a market cap of $78.14 billion, and a market share of 3.30%. Over the past day, the SOL price has dipped slightly by 0.08%. Solana hit its peak on November 6, 2021, reaching an all-time high of $259.52. On the other hand, its lowest point was $0.503701, recorded on May 11, 2020. Since that peak, Solana’s lowest price was $8.12 (cycle low), while its highest recovery since then has been $208.75 (cycle high). Currently, sentiment around Solana remains bullish, with the Fear & Greed Index sitting at 69, indicating a “Greed” market sentiment. Solana’s circulating supply is now 468.59 million SOL out of a maximum supply of 533.68 million. The yearly supply inflation rate is 11.71%, resulting in an additional 49.13 million SOL over the last year. 🔸 Solana Price Prediction: Solana Price is Eyeing $250 Solana’s price is heading towards $250, driven by a blend of network growth and rising user activity that shows no signs of slowing down. Recent data from DefiLlama reveals that Solana’s Total Value Locked (TVL) has surged by an impressive 54% in just six weeks, jumping from $4.77 million to $7.24 million. This boost in TVL is a strong indicator of confidence within the network, as more capital is being invested in Solana-based decentralized applications. When users stake or deploy assets within a platform, it generally points to robust health within the ecosystem. #SOL #Solana
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📊 Is #AVAX set for a 12% rally? 74% of traders think so because… AVAX’s market sentiment and its price action have ordinarily been critical to the altcoin’s fortunes. Over the last two days, for instance, the wider sentiment across the crypto-market has been quite negative. However, it would seem that AVAX may be poised for a new rally again. 🔸 AVAX technical analysis and key levels According to AMBCrypto’s technical analysis, AVAX remains quite bullish and could soar by 12% to reach the $28.50 level in the coming days. In fact, its recent price action indicated that whenever the asset’s price approaches the support level of $24.50, it encounters some buying pressure and a price reversal. Apart from this horizontal support level, AVAX, at press time, was supported by an upward-sloping trendline, which has been in place since the beginning of August 2024. Similar to the horizontal support level, whenever the asset’s price hits this trendline, it tends to record a notable upward rally. At the time of writing, AVAX seemed to be trading below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating an uptrend. Meanwhile, its Relative Strength Index (RSI) suggested a possible upward rally, as it was in the oversold area. AVAX’s bullish thesis will hold only if it stays above the $24.50-level. Otherwise, it will fail. 🔸 Bullish on-chain metrics In addition to this positive technical analysis, on-chain metrics such as key liquidation levels and the Long/Short ratio further supported this bullish outlook. According to the on-chain analytics firm CoinGlass, for instance, Binance’s AVAX Long/Short ratio had a value of 2.83 at press time. This finding alluded to a strong bullish sentiment among traders. Additionally, 73.91% of top traders on Binance seemed to hold long positions, while 26.09% of them held short positions. #AVAX #Avalanche
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📊 Will Shiba Inu Price Reach $0.01 or $0.001 with a $10T Market Cap Shiba Inu price could reach substantial heights if it ever clinches a market cap in the trillion-dollar range. The crypto market presents ample opportunity for investors to secure considerable gains on their investments. While Bitcoin (BTC) pioneered the experience, altcoins like Shiba Inu have made massive contributions. 🔸 Shiba Inu Boasts Historic Run For instance, a previous report from CoinGecko confirmed that SHIB turned a $13 investment to $1 million within 453 days during the 2020/2021 bull market, making it one of the most successful crypto assets and the most successful among the top 100 during that period. This historic run has influenced several bullish projections for Shiba Inu, with analysts expecting the crypto asset to witness a similar price explosion during the ongoing bull run. Notably, SHIB has already demonstrated its potential in the first phase of the ongoing bull market, having surged nearly 400% from late February to early March. Some individuals are optimistic that the second-largest meme coin would not miss out on this bull run. However, the extent of its rally remains uncertain. While the $0.00008 target has featured prominently among analysts, others believe SHIB could clinch a new high above $0.0001. Meanwhile, the $0.001 and $0.01 targets have also made their way into these discussions. For instance, last month, analyst Crypto Sheriff predicted a long-term Shiba Inu target of $0.001 following a breakout. Market analytics resource CoinCodex also recently discussed how SHIB could reach $0.01. 🔸 Can SHIB Hit $0.001 and $0.01 at $10T Market Cap However, despite the prevalence of these audacious targets, most investors remain skeptical. Altcoin Daily’s Aaron Arnold argued last month that it is impossible for Shiba Inu to reach $0.01. This skepticism is due to SHIB’s extensive circulating supply, which would lead to unimaginable market caps at such high prices. #SHIB #Shiba
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