🔄 Update May 6: 9 ETFs added 4,412 BTC (+280 million USD). | TopCryptoNews on Binance Square

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🔄 Update May 6:
9 ETFs added 4,412 BTC (+280 million USD).
Grayscale added 979 BTC (+USD 62.14 million) and currently has 292,218 BTC (USD 18.55 billion).

Fidelity added 1,574 BTC ($99.92 million) and currently has 152,815 BTC ($9.7 billion).

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🤔 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

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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

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🚀 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

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🔥 $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

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🚀 2 Reasons Why the Altcoin Season Is Ready to Start Altcoin season may be on the horizon as key narratives gain momentum in the crypto space. AI tokens and meme coins are capturing the spotlight, driving 50.4% of the narrative mindshare and signaling a shift in investor focus. This trend is complemented by the rising market cap of altcoins, now at $837 billion, its highest level since early 2022. With altcoins still 35% below their peak, the stage is set for significant growth as capital flows away from BTC and ETH into emerging opportunities. 🔸 Memes and AI Leading the Narrative Mindshare The emergence of strong narratives often signals the start of an altseason. When distinct themes gain traction, they drive attention and capital away from major players like BTC and ETH. Currently, AI and meme coins are leading the way, capturing 50.4% of the narrative mindshare in the crypto space. This reflects a growing shift in focus toward these themes, setting the stage for broader altcoin season momentum. AI coins lead with 27.76% of the narrative share, while memes trail at 22.64%, highlighting rising user interest in specific categories. As both narratives gain traction, capital is likely to move into altcoins. This could reduce BTC and ETH dominance, benefiting the overall altcoin market. 🔸 Altseason Could Spark a 35% Growth The current market cap of crypto, excluding BTC and ETH, has reached $837 billion. This is the highest value since early 2022, reflecting a resurgence in interest for altcoins. Despite this growth, the figure remains significantly below its peak of $1.13 trillion in November 2021, highlighting room for further recovery. At 35% below its all-time high, the altcoin market still appears undervalued compared to the broader crypto space. This gap suggests the potential for a significant surge as investors rotate capital from BTC and ETH into alternative coins. With rising interest in new opportunities, altcoins could see substantial growth in the coming weeks, sparking a new altseason for this cycle. #Altcoin #Altcoins

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DOGE夜间突破潜力十足，短线交易机会与高杠杆策略解析 DOGE当前实时价格为0.39433美元，日内高点为0.396

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