🔽 Reason for the dump? Germany continues to move its BTC d | TopCryptoNews on Binance Square

Trending Articles

Bookmarked and Liked

--

Bearish

🔽 Reason for the dump?
Germany continues to move its BTC daily to exchanges, naturally for sale.

👀 The government has already sold approximately 1/5 of its BTC.

We got tired of holding, so we decided to capitulate from the market. The market is being cleansed of weak hands 😀

$BTC #BTC 

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

14.2k

0

Replies 2

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@TopCryptoNews

Explore More From Creator

📊 Render Price Targets $10 as Channel Breakout Pushes Past $8 Hedera (HBAR) has become the top loser out of the top 100 cryptocurrencies following a 20% price decrease in the last 24 hours. This HBAR price drop came just hours after the price rallied by 180% BeInCrypto’s findings suggest that the recent notable market decline may be tied to growing speculation over the potential successor to the US SEC Chair position. However, this isn’t the sole factor influencing the downturn. 🔸 Hedera Slides in Several Areas Because of This HBAR witnessed a price surge after Canary Capital filed its first exchange-traded fund (ETF) application for the asset. The news marked a significant milestone for Hedera, instilling optimism among investors and triggering an initial price hike. However, the triple-digit rally in HBAR’s price seems more closely tied to speculation regarding the US president-elect Donald Trump’s potential nomination of Brian Brooks, a Hedera board member, as the next SEC chair. But yesterday, November 19, the rumors changed, with some media platforms suggesting that crypto lawyer Teresa Goody Guillen could now be the top candidate. As a result, the HBAR price dropped by 20%. Following the development, total Open Interest (OI) in HBAR derivatives has dropped from $120 million to $100.95 million. The decline in OI reflects reduced speculative activity, as fewer traders are initiating new positions. Further, this reduction in speculative activity often leads to diminished liquidity, suggesting the altcoin may struggle to sustain its recent uptrend. Additionally, the positive sentiment surrounding the project, which had previously increased, has now waned. Typically, a rise in positive sentiment indicates a surge in bullish commentary about the cryptocurrency. However, the recent drop in sentiment suggests a decrease in these bullish discussions. If this trend persists, it could further challenge HBAR price ability to climb higher in the short term. #HBAR #HEDERA

--

🤔 Render Price Targets $10 as Channel Breakout Pushes Past $8 With a channel breakout, will Render (#RNDR ) continue its bullish streak and surpass the $10 milestone? With a market cap of $4.19 billion, Render‘s price has reclaimed the $8 mark. It has increased by 21% over the last seven days and has reached a trading volume of $1.23 billion. As the Render token gains momentum, the bull run is preparing to reclaim the $10 psychological mark. Will the ongoing streak of bullish candles cross this psychological mark? 🔸 Render Channel Breakout Run Hits $8 The Render (RNDR) price shows a trend reversal rally in the daily chart. This bullish reversal follows the breakout of a long-standing resistance trend line, marking a significant shift in price action. Notably, this breakout signals the end of a falling channel pattern. The RNDR price reclaimed its bullish trend after a V-shaped reversal from the $4.21 mark. Currently, it is trading at $8.08, accounting for a price surge of 96.16% over the last 16 days. The bullish recovery has surpassed the 38.20% Fibonacci level at $7.5625. Furthermore, with an intraday gain of 3.13%, Render makes the sixth consecutive bullish candle. The surge in the underlying bullish sentiments has resulted in a positive crossover between the 50-day and 100-day EMA lines. This has also increased the chances of a golden crossover. Meanwhile, the MACD and signal lines remain positive, resurfacing the bullish histogram. 🔸 Will Render Price Cross $10? After the bullish trend reversal surpassed a four-month high, the underlying trend has clearly shifted. The uptrend will likely break through the immediate resistance at $8.62, the 50% Fibonacci level. If the broader market recovers, the bulls could target the next price levels at $9.68 and $11.20. With the increasing bullish momentum and rising trading volume, Render’s price is poised to surpass the $10 psychological mark. #Render

--

Meme platform on $APT ! 📈 The platform for launching memecoins “emojicoin dot fun” on the Aptos blockchain, which is an analogue of the popular Pump Fun, has already been launched. The APT token reacts with growth, as the creation of the platform will raise the asset in the network, which will provoke demand for APT to pay trading fees. #Aptos #AptosLabs

--

🚀 Dogecoin’s Bullish Breakout Looms, Analysts Predict $1.16 Target Ahead As analysts display critical levels such as $0.32 and $0.42, indicating possible bullish momentum, Dogecoin may reach $1.16. Analysts foresee a lengthy 9–15-month pump phase for Dogecoin, which has recovered to $0.11 after plunging to $0.05 in 2022. Although DOGE’s history demonstrates tenacity and long-term trends point to increases, market conditions and volatility need cautious optimism. Dogecoin is on a potential bullish breakout, according to analysts Skew and Trader Tardigrade. Skew noted a critical resistance level at $0.32, highlighting a strong weekly close above this zone as a pivotal development. A continued climb beyond $0.42 could trigger heightened volatility, with $1.16 identified as a long-term target. 💬 #DOGE 1WThe king of crypto currentlyStrong close above HTF resistance ($0.32) & HTF HHCould see some balance developing this week above between $0.40 – $0.320.5 fib pretty key here & above $0.42 likely to see increasing volatility / price velocity1.618 ($1.16) From April 2021 DOGE had price changes whereby it experienced a steep dip, falling to $0.05 by June 2022 after hitting a high of $0.70 in May 2021. It has later steadily recovered, though, and is now trading near $0.10. Skew claims that sustained momentum could result from holding levels between $0.40 and $0.32. 🔸 Dogecoin’s Long-Term Trends Signal Optimism Trader Tardigrade offers a broader perspective, analyzing DOGE’s price data since 2014. Beginning with $0.0001, the coin experienced a sharp increase, reaching $0.70 in 2021. Despite a prolonged downturn after the peak, Dogecoin has rebounded. The current price at $0.11 suggests an emerging bullish phase. Tardigrade predicts that DOGE could enter a prolonged pump phase, lasting between 9 and 15 months. He anticipates three to five bullish quarterly candles ahead. This outlook underlines Dogecoin’s historical resilience despite market corrections, making it a potential contender for long-term gains. #Dogecoin

--

🔥 $XRP Approaches $1.30 Resistance: Can a Breakout Boost Prices? XRP is making essential strides as it trades above $1.11, approaching a major hurdle point around $1.30. The digital asset shows strong favorable signals, and a breakout above $1.30 could trigger a rise in price. Analysts are watching closely for a monthly close above this level, as it could open the door for even higher prices. 🔸 Technical Indicators Support Bullish Prospects XRP’s recent chart shows a solid upward trend, with the cryptocurrency positioned near $1.11 as it nears the $1.30 resistance. This level has acted as a significant barrier in past rallies, so surpassing it could lead to substantial price growth. The 21 Exponential Moving Average (EMA) is at $0.60139, providing support for the ongoing bullish momentum. Meanwhile, the 50 EMA at $0.65107 further confirms the uptrend, suggesting a strong market for XRP. 💬 #XRP is going to absolutely rocket if it closes above on the monthly, there's not a lot of historical resistance after this…— King Solomon (@IOV_OWL) November 18, 2024 XRP has remained above both moving averages, showing the strength of its upward movement. This clear gap between the price and the EMAs gives confidence that the bullish trend is likely to continue in the short term. With the chart aligning in favor of the uptrend, a breakout above the $1.30 resistance could be the next step toward higher levels. 🔸 Analyst Insights Spark Community Interest King Solomon, a well-known crypto analyst, recently highlighted the importance of XRP closing above $1.30. He believes that if the breakout happens, XRP could sustain levels above $1.35, pushing it to new heights. His tweet has attracted significant attention, gathering over 52,000 views and generating active engagement from the crypto community. This growing interest suggests that a strong market sentiment could play a crucial role in the potential breakout. #XRP #Ripple

--

Latest News

MicroStrategy's Trading Volume Surpasses Nvidia And Tesla In U.S. Stock Market

--

Japan To Implement Stimulus Package With Tax Reforms

--

Fed Governor Cook Discusses Potential Pause In Interest Rate Hikes

--

Deepfake Scams Target Cryptocurrency Users

--

Trump Nominates Matthew Whitaker As U.S. Ambassador To NATO

--

Trending Articles

$13 XRP? Analyst Says It’s Closer Than You Think

Crypto Breaking

7 Costly Mistakes in Crypto Trading and How to Prevent Them The cryptocurrency market is brimming w

Almost 15 Billion Shiba Inu (SHIB) in 24 Hours: Are Whales Ready?

Michael Saylor on Why XRP Isn’t Part of His Investment Strategy

🚨 7 Reasons You’re Losing Money in Crypto & How to Avoid Them 🚨

Cookie Preferences

ba-one-trust-cookie