Date: Tue, Sept 10, 2024, 05:30 PM GMT
The cryptocurrency market has started to show some bullish momentum, with several altcoins breaking out of their downward trends. Among them is Thorchain (RUNE), a decentralized cross-chain liquidity protocol that enables users to swap assets between different blockchain networks. Over the past 24 hours, $RUNE has surged by an impressive 6.24%.
A well-known crypto analyst on X (formerly Twitter), @ZAYKCharts, recently shared his analysis of Thorchain. According to him, the 1-day timeframe of RUNE is forming a falling wedge pattern, a bullish signal that could indicate a potential breakout. He mentioned that if RUNE manages to break past the trendline, we could see a significant bullish rally ahead.

As of now, RUNE is trading at $4.02, just below the key resistance level. If it breaks out as anticipated, this could be an exciting time for RUNE holders, as the price might continue to climb.
Get more updates at: coinsrprobe.com
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Always do your research before making any investment decisions.
#Thorchain #RUNE #NFA✅

Date: Wed, Sept 11, 2024, 03:30 PM GMT

In a major development within the cryptocurrency and AI sectors, the Artificial Superintelligence Alliance, recently merged by by SingularityNET, Fetch.ai, and Ocean Protocol, has announced plans to integrate CUDOS, a leader in distributed AI computing, into its ecosystem. The proposal is subject to a community vote, which will take place from September 19 to September 24, 2024.

Source: X
If approved, the integration would see the CUDOS token (CUDOS) merged with the Artificial Superintelligence Alliance token (FET), creating a unified network under a single ecosystem. This move aims to bolster the Alliance's capabilities by combining resources and technology, ultimately enhancing the development of large-scale AI and machine learning applications.
Earlier this year, Fetch.ai and SingularityNET invested a combined $153 million in GPU hardware, laying the groundwork for the Alliance's ambitious mission. With the potential inclusion of CUDOS, the Alliance would gain access to a vast network of AI GPUs, including the latest Nvidia Blackwell GB200s. This significant boost in computing power is expected to improve efficiency, decentralize infrastructure, and reduce security vulnerabilities across the Alliance.

Source: Coinmarketcap
Following the announcement, the CUDOS token surged by 8.68%, while the $FET token experienced a 2.16% increase, reflecting market optimism about the proposed integration and its potential impact on the AI and cryptocurrency market.
#FET❤️ #CUDOS

Date: Thu, Sept 12, 2024, 06::44 AM GMT
In today’s cryptocurrency market, Celestia (TIA) is catching the attention of investors with its recent impressive performance. As a modular blockchain that serves as a data availability layer for rollups and layer 2 blockchains, Celestia is making bullish waves.

Source: Coinmarketcap
Over the past 24 hours, $TIA has surged by 6.95%, crossing the $4.30 price mark. This rally has pushed its market cap to $906 million, sparking speculation that more gains could be on the horizon.
What’s Driving the Surge?
The primary catalyst behind TIA's recent rise is a breakout from a downtrend line in the 1-hour timeframe, highlighted by crypto trader @nihilus_XBT. TIA managed to break through the $4.22 resistance level, which has set the stage for further upward movement.

Source: X

If the bullish momentum continues, TIA could aim to break through the next resistance levels at $4.37, $4.50, and $4.60. The main target for this rally is $4.93, representing a potential 15% gain from its current level.
Technical Indicators
The current Relative Strength Index (RSI) for TIA stands at 72.19, indicating strong buying pressure. The RSI-based moving average is at 62.20, further supporting the bullish outlook.

With this momentum, investors are watching closely to see if TIA can sustain its upward trajectory and achieve its next price targets.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and involve significant risk.
#Celestia #TIA🔥🔥🔥 #NFA

Date: Thu, Sept 12, 2024, 08:34 AM GMT
Pendle, the protocol known for enabling the tokenization and trading of future yield, is making waves in the cryptocurrency market today. Over the past 24 hours, $PENDLE has surged by an impressive 14.66%, reaching a price of $3.60 and a market cap of $570 million.
What’s Driving the Surge?
The primary catalyst behind PENDLE's recent surge is its breakout from a downtrend trendline on the 4-hour chart. This breakout occurred around the $3.10 level, and the token has been climbing ever since. If the bullish momentum continues, PENDLE could challenge the next resistance level at $3.64. Should it successfully break through this level, further upside targets of $4.17 and $4.76 are in play—potentially offering a 33% gain from the current price.

Adding to the bullish outlook is the Relative Strength Index (RSI), currently at 86.68, with the RSI-based Moving Average (MA) at 87.01. These figures suggest that PENDLE is in overbought territory, but the strong momentum might sustain further gains.
What Lies Ahead?
With the recent breakout and the strong bullish momentum, PENDLE could continue to climb if it maintains its current trajectory. However, traders should watch closely for how the price reacts around the $3.64 resistance level. A successful break could lead to further gains, but a failure to do so might signal a consolidation or a pullback in the short term.
As always, market conditions can change rapidly, so it's essential to stay informed and manage risk carefully.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and involve significant risk.

#Pendle #CryptoNews

Fetch.ai approaches a critical $1.49 resistance level, signaling potential for a breakout.

Analysts expect a rally if FET surpasses $1.49, targeting a new ATH.

Strong technicals and fundamentals suggest possible double-digit gains for Fetch.ai in October.

Fetch.ai (FET) is gaining attention as it approaches a critical price point. If the token breaks $1.49 by the end of this month, a significant rally might be triggered. Analysts are eyeing a potential all-time high (ATH) in October. 

With double digits in sight, many investors are watching closely to see if FET can maintain the momentum. Meanwhile, the question is whether FET will break $1.49 and enter new price territory?

Breaking $1.49: The Key Level to Watch

The $1.49 level is more than just a number for Fetch.ai. It’s a major resistance point. Analysts believe breaking this barrier will pave the way for a strong bullish run. A monthly close above $1.49 would confirm the uptrend. If this happens, the market could push FET toward a new ATH. 

We could see the token quickly climb towards the $2 mark and higher. But why is $1.49 so important? This price point has been a psychological barrier for investors. Breaking this barrier would signal that buyers are ready to push the market higher. This would attract more investors and strengthen the token’s upward momentum.

October: A Month for Massive Gains?

Historically, cryptocurrencies often see strong gains in the fourth quarter. FET could follow this trend if it breaks through $1.49. 

https://twitter.com/CryptoLeo00/status/1834562678754533507

As the post above suggests, some experts believe the token could hit double digits within this cycle. Fetch.ai’s focus on AI-driven decentralized solutions continues to build confidence in its long-term potential.

On the technical side, things also look promising. The Relative Strength Index (RSI) and moving averages suggest bullish trends. There’s even speculation that Fetch.ai could reach $10, which would represent a major leap from current levels.

Breaking $1.49 could set the stage for a new ATH in October. Strong technicals and solid fundamentals suggest that FET may see double-digit gains in the near future.

The post FET Eyes New ATH: Double-Digit Surge Possible in October if $1.49 Breaks appeared first on Crypto News Land.

Fetch.ai approaches a critical $1.49 resistance level, signaling potential for a breakout.

Analysts expect a rally if FET surpasses $1.49, targeting a new ATH.

Strong technicals and fundamentals suggest possible double-digit gains for Fetch.ai in October.

Fetch.ai (FET) is gaining attention as it approaches a critical price point. If the token breaks $1.49 by the end of this month, a significant rally might be triggered. Analysts are eyeing a potential all-time high (ATH) in October. 

With double digits in sight, many investors are watching closely to see if FET can maintain the momentum. Meanwhile, the question is whether FET will break $1.49 and enter new price territory?

Breaking $1.49: The Key Level to Watch

The $1.49 level is more than just a number for Fetch.ai. It’s a major resistance point. Analysts believe breaking this barrier will pave the way for a strong bullish run. A monthly close above $1.49 would confirm the uptrend. If this happens, the market could push FET toward a new ATH. 

We could see the token quickly climb towards the $2 mark and higher. But why is $1.49 so important? This price point has been a psychological barrier for investors. Breaking this barrier would signal that buyers are ready to push the market higher. This would attract more investors and strengthen the token’s upward momentum.

October: A Month for Massive Gains?

Historically, cryptocurrencies often see strong gains in the fourth quarter. FET could follow this trend if it breaks through $1.49. 

https://twitter.com/CryptoLeo00/status/1834562678754533507

As the post above suggests, some experts believe the token could hit double digits within this cycle. Fetch.ai’s focus on AI-driven decentralized solutions continues to build confidence in its long-term potential.

On the technical side, things also look promising. The Relative Strength Index (RSI) and moving averages suggest bullish trends. There’s even speculation that Fetch.ai could reach $10, which would represent a major leap from current levels.

Breaking $1.49 could set the stage for a new ATH in October. Strong technicals and solid fundamentals suggest that FET may see double-digit gains in the near future.

The post FET Eyes New ATH: Double-Digit Surge Possible in October if $1.49 Breaks appeared first on Crypto News Land.