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Crypto De Nostradame
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“Shiba Inu (SHIB) is finally done!” Shiba Inu (SHIB), which lagged behind Dogecoin (DOGE) in the memecoin supercycle, has ended its downtrend, signaling a potential rally. Current price analysis and on-chain metrics show that the #SHIB price has broken out of a long-standing downtrend. $SHIB is attempting to break out of a potential resistance point of $0.000025 after months of consolidation. According to an analysis by UToday, a major rally could begin if the SHIB price breaks $0.000025. Shiba Inu (SHIB) analysis Shibarium, the layer-2 blockchain for Shiba Inu (SHIB), broke a new record by recording over half a billion transactions last week. Shibarium, which attracts new users, has become a ray of hope for SHIB investors. SHIB, which increased its trading volume due to the effect of the memecoin supercycle, rose above the 50-day and 200-day exponential moving averages (EMAs). The data in question was interpreted as a bullish signal. According to UToday's analysis, SHIB needs to overcome the $ 0.00003 resistance before starting a major rally. The analysis included the following statements: “The bullish expectation is supported by the latest on-chain data. It is clearly seen that large wallets holding SHIB made $ 2.69 billion in transactions last week. In addition, 61 percent of SHIB holders are profitable at current levels, which could encourage additional accumulation.” On the other hand, the analysis warned that profitable wallets could create selling pressure if the SHIB price increases rapidly. The fact that whales hold 73 percent of the total SHIB supply indicates that the popular memecoin may face price volatility. If the SHIB price pulls back to support levels, whales could sell heavily. #CryptoDeNostradame #ParrotBambooCrypto
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Famous analyst reveals his favorite altcoin: “It can rally in corrections!” Michaël Van de Poppe, known for his cryptocurrency analyses, made striking statements for the popular altcoin $SUI . The popular altcoin, which has gained 105 percent in the last two weeks, is currently trading just below its peak. Crypto analyst Michaël Van de Poppe described #SUI as the best altcoin to be evaluated in Bitcoin's declines. The Open Position (OI) in SUI's futures, which has been on the agenda with its relentless rise, renewed its peak with $ 826 million. SUI's macro momentum finds support in the Chaikin Money Flow (CMF) indicator. CMF is currently well above the typical return range of 0.20 to 0.30, indicating investors' interest in the token. Historically, selling pressure may increase when CMF reaches these levels, but the current situation suggests that the positive trend in SUI may continue. SUI is currently trading at $3.79, just below its $3.94 ATH reached over the weekend. The popular altcoin’s impressive 105% rally in a short period of time has given strong signals for a bull season. If the factors mentioned above and the current crypto trend continue, SUI could target $5. This level could act as resistance, especially from a psychological perspective. With the positive progress of the cryptocurrency market and the decline of BTC dominance, SUI could target higher levels. With the rise in SUI, it is expected that money will flow into the ecosystem. HIPPO, BLUB and FUD in the network could come to the forefront during this process. #CryptoDeNostradame #ParrotBambooCrypto
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Solana bull benefited that altcoin: JUP exceeded 2 billion TVL. Jupiter (JUP), one of the most active decentralized exchanges in the Solana ecosystem, has grown along with the memecoin craze. As the crypto market continues to be active, investor interest has shifted to decentralized exchanges. Traders are using decentralized exchanges to find potential memecoins. This activity has been a lifeline for #Jupiter , one of the most popular decentralized exchanges on the #Solana network. Hosting an average transaction volume of $400 million, Jupiter has reached a total locked asset (TVL) of over $2 billion. AMBCrypto stated that the JUP price has potential to rise. In the prepared analysis, the price levels that need to be broken for an uptrend were evaluated. Jupiter (JUP) analysis Jupiter (JUP), which is in the Solana ecosystem, has increased by nearly 10 percent in recent days with increasing transaction frequency and investor interest. According to AMBCrypto’s analysis, JUP gained upward momentum by breaking the descending triangle formation and exceeding $2 billion TVL. Another factor shaping bullish expectations was social dominance. While Jupiter’s popularity increased, liquidation data pointed to investor interest. JUP price touched $1.3233 the other day, but failed to hold on. The popular altcoin fell to $1.20 during the day. Bollinger Bans (BB) on the JUP chart signaled increased price volatility. JUP may retest the $1.27 resistance with strong buying activity. If this resistance level is broken and maintained, the price is expected to move to the $1.78 resistance. The analysis included the following; “The Relative Strength Index (RSI) reached 70, reflecting intense buying pressure, while also warning that the asset poses excessive risk in the short term.” AMBCrypto, who predicted that JUP would reach the $1.78 resistance, stated that short-term pullbacks would be considered normal. On the other hand, if the $JUP price cannot overcome the $1.27 resistance, it may pull back to $1.
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Bitcoin (BTC) is gaining strength: These 5 altcoins are ready for the bull run. Bitcoin, which has been holding above $ 90,000, has triggered sharp increases in the altcoin market. BTC, which has been around $ 90,000 for a few days, has started to please altcoin investors. With the decline in dominance, money flowing into altcoins has increased. Especially XRP exceeding $ 1 in a short time has attracted attention. 1- Hedera (HBAR) $HBAR , one of the shining stars of the 2021 bull, has increased by 41.02 percent in the last 24 hours. #HBAR , which has reached the top of the list with this increase, reminded itself again. If BTC remains above $ 90,000 or BTC dominance decreases, the rise in the parity may continue. 2- Mantra (OM) $OM , which has stood out with its relentless rise in recent days, has increased by 23.31 percent in a short time. The popular altcoin, which stepped on the gas after exceeding $ 4, is currently trading at $ 4.18. If #OM breaks $ 4.50, the upward momentum may increase even more. 3- Stellar (XLM) $XLM , which exploded after #XRP exceeded $ 1, showed a performance of 14.18 percent in the last 24 hours. XLM, which entered the list from the third place, left a critical threshold behind. XLM investors can currently follow the $ 0.25 band as resistance. 4- Ripple (XRP) Rumors that Gary Gensler will resign sent the XRP price flying. XRP, which increased by 10.08 percent in the last 24 hours, approached $ 1.20. If the SEC pressure decreases, the $ 1.50 band can be targeted for XRP. This target will vary depending on market conditions. 5- Peanut the Squirrel (PNUT) #PNUT , which Elon Musk has been posting about for a few days, has increased by 4.68 percent in the last 24 hours. PNUT, which attracted attention after being listed on major cryptocurrency exchanges, has reached a market value of $1.67 billion. If Musk continues to share about PNUT, the upward movement may intensify even more.
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New US minister: “I invested most of my wealth in Bitcoin” Trump, who was elected as the 47th President of the United States, continues to prepare for the position he will take on on January 20. Trump has started to determine the ministers of the new government. Trump, who is known to be a Bitcoin supporter, has pro-crypto names in his government. Robert Kennedy Jr., who participated in the presidential elections as an independent candidate and withdrew from the race to support Trump, has become the new US Minister of Health. Bitcoin comment from a name in the new US government Robert Kennedy Jr., one of the names that will take part in the new cabinet, has been a Bitcoin advocate for a long time. Kennedy Jr. argues that Bitcoin is a tool that will reduce inflation in fiat currencies. Kennedy Jr., who entered Trump’s cabinet, made headlines with the statements he made on November 16. The famous politician signaled that he will continue to buy Bitcoin. Kennedy Jr., who drew attention with his pro-crypto statements, made the following statements; “I am a big supporter of Bitcoin. I was at another Bitcoin conference here a year ago. I came home and invested most of my wealth in Bitcoin, so I am completely in it.” Amid the discussions in the US about whether Bitcoin will be a strategic reserve, the fact that a pro-Bitcoin name is sitting in the Health Minister’s seat has created expectations. The crypto community predicts that the US government will approach Bitcoin, accompanied by Kennedy Jr. According to Kennedy Jr.’s policies, Bitcoin can protect the US dollar from devaluation because it has a limited supply. Kennedy Jr., who stated that he bought Bitcoin for his children, used the following statements; “Immediately after the Bitcoin conference, I received a big check and bought two Bitcoins for each of my seven children.” Kennedy Jr. thinks that #Bitcoin is inevitable for governments. $BTC $ETH $BNB #CryptoDeNostradame #ParrotBambooCrypto
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