📉 Bitcoin ($BTC ) to Hit $40,600 in Historic Price Crash:
- A critical warning has been issued by on-chain analyst Ali Martinez. According to Martinez's analysis, Bitcoin could face a significant correction if it loses the crucial $51,000 support level.
- The TD Sequential Indicator is flashing a sell signal, hinting at a potential plunge to $40,600—a level not seen in months.
- As of now, Bitcoin is trading at $54,630, down 3.54% in the last 24 hours.
- The impact of a drop to $40,600 could ripple through the broader market, leading to increased volatility and potential sell-offs in other crypto assets.
⚠️ XRP Might Start Forming 'Death Cross' Signal:
- XRP is on the verge of forming a 'Death Cross'—a bearish signal that typically marks the start of a downward trend.
- This pattern occurs when the 50-day moving average crosses below the 200-day moving average, potentially leading to increased selling pressure.
- XRP is currently struggling at $0.52, and if it fails to regain bullish momentum, it could drop to $0.50 or lower.
- Given the current market conditions and ongoing regulatory challenges, traders are increasingly cautious, which could amplify the decline if key support levels are breached.
🔥 Shiba Inu ($SHIB ) Introduces New Portal to Empower Developers:
- Shiba Inu is taking a significant step forward with the launch of the ShibDev Portal, designed to support developers building on Shibarium.
- This portal provides a range of tools, including a centralized dashboard, API key management, node access, on-chain data access, and a test token faucet.
- It’s a game-changer for both seasoned and novice developers, with resources covering DeFi, NFTs, gaming, DAOs, and more.
- With the ShibDev Portal, Shiba Inu is solidifying its ecosystem, making it easier for innovators to create decentralized applications (dApps) and expand the SHIB community's influence in the crypto world.
💥 Stay informed and keep an eye on these developments as they could shape the crypto market's next big moves!
