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The next 3 months are going to be absolutely INSANE for crypto.
- Rate cuts are coming in 3 weeks.
- The US elections are just 71 days away.
- We could get a pro-crypto president in November.
- CZ is coming back.
- FTX is expected to redistribute $16B in cash to crypto-native degens sometime in Q4.
- Rumors that China might unban crypto soon.
- Russia is turning pro-crypto with international crypto payments.
Keep Accumulating and Hold.
- Rate cuts are coming in 3 weeks.
- The US elections are just 71 days away.
- We could get a pro-crypto president in November.
- CZ is coming back.
- FTX is expected to redistribute $16B in cash to crypto-native degens sometime in Q4.
- Rumors that China might unban crypto soon.
- Russia is turning pro-crypto with international crypto payments.
Keep Accumulating and Hold.
Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations
Aug 13, 202417:57 GMT+5
BTCUSD
−0.66%
BTCUSDT
−0.70%
Bitcoin is at a “perfect” setup from a macroeconomic perspective, but over $500 million worth of looming liquidations threaten to create more volatility for the world’s first cryptocurrency.
In relation to the global M2 money supply, Bitcoin’s
BTCUSD
current mid-cycle correction positions it for an imminent bullish breakout, according to Jamie Coutts, a chief crypto analyst at Real Vision.
Coutts wrote in an Aug. 13 X post:
“Over the past decade, Bitcoin has had a tendency to trough several months before the bottom in global M2. Then it rips, gets way ahead of the move in liquidity, and has a mid-cycle correction.”
Cointelegraph
The growing global liquidity from the M2 money supply, combined with the spot Bitcoin exchange-traded funds (ETFs), makes for the “perfect setup” for Bitcoin, added the analyst.
The analysis comes as Bitcoin is recovering from last week’s $510 billion crypto market sell-off, which tanked its price to a five-month low of $49,500 on Aug. 5. Bitcoin still remains under the key $60,000 psychological mark.
Nearly $500 million stands to be liquidated
Despite the bullish macroeconomic perspective, Bitcoin price could still see a correction to the $55,000 mark.
A potential move below $58,000 would liquidate $489 million worth of cumulative leveraged short positions across all exchanges, according to Coinglass data.
Cointelegraph
Cumulative short Bitcoin liquidations would surpass $800 million if Bitcoin’s price fell below $57,500.
Can Bitcoin break its two-week downtrend?
Bitcoin is currently unable to break out of its two-week downtrend, which started on July 28.
A successful retest of this downside trend line would enable more bullish momentum, according to popular analyst Rekt Capital, who wrote in an Aug. 12 X post
As time goes on, the downtrend represents lower prices, meaning that retest attempts could go to lower prices and still be successful.
Aug 13, 202417:57 GMT+5
BTCUSD
−0.66%
BTCUSDT
−0.70%
Bitcoin is at a “perfect” setup from a macroeconomic perspective, but over $500 million worth of looming liquidations threaten to create more volatility for the world’s first cryptocurrency.
In relation to the global M2 money supply, Bitcoin’s
BTCUSD
current mid-cycle correction positions it for an imminent bullish breakout, according to Jamie Coutts, a chief crypto analyst at Real Vision.
Coutts wrote in an Aug. 13 X post:
“Over the past decade, Bitcoin has had a tendency to trough several months before the bottom in global M2. Then it rips, gets way ahead of the move in liquidity, and has a mid-cycle correction.”
Cointelegraph
The growing global liquidity from the M2 money supply, combined with the spot Bitcoin exchange-traded funds (ETFs), makes for the “perfect setup” for Bitcoin, added the analyst.
The analysis comes as Bitcoin is recovering from last week’s $510 billion crypto market sell-off, which tanked its price to a five-month low of $49,500 on Aug. 5. Bitcoin still remains under the key $60,000 psychological mark.
Nearly $500 million stands to be liquidated
Despite the bullish macroeconomic perspective, Bitcoin price could still see a correction to the $55,000 mark.
A potential move below $58,000 would liquidate $489 million worth of cumulative leveraged short positions across all exchanges, according to Coinglass data.
Cointelegraph
Cumulative short Bitcoin liquidations would surpass $800 million if Bitcoin’s price fell below $57,500.
Can Bitcoin break its two-week downtrend?
Bitcoin is currently unable to break out of its two-week downtrend, which started on July 28.
A successful retest of this downside trend line would enable more bullish momentum, according to popular analyst Rekt Capital, who wrote in an Aug. 12 X post
As time goes on, the downtrend represents lower prices, meaning that retest attempts could go to lower prices and still be successful.
🚦ALGO/USDT (LONG)
Entry:- 0.1381 to 0.1428
Enter In Parts
Targets! 👇👇👇
Take Profit 1:- 0.1437
Take Profit 2:- 0.1446
Take Profit 3:- 0.1460
Take Profit 4:- 0.1474
Take Profit 5:- 0.1488
Take Profit 6:- (100% Plus++++)
Stop Loss:- 0.1336
Leverage:- 10x to 20x
Use Only 05% Margin in This Trade!
Entry:- 0.1381 to 0.1428
Enter In Parts
Targets! 👇👇👇
Take Profit 1:- 0.1437
Take Profit 2:- 0.1446
Take Profit 3:- 0.1460
Take Profit 4:- 0.1474
Take Profit 5:- 0.1488
Take Profit 6:- (100% Plus++++)
Stop Loss:- 0.1336
Leverage:- 10x to 20x
Use Only 05% Margin in This Trade!
Could XRP Hit $5 in 2024? Ripple’s SEC Lawsuit Outcome May Hold the Key
So far in 2024, the XRP price has lagged behind, primarily due to Ripple’s ongoing legal dispute with the U.S. Securities and Exchange Commission. While Bitcoin and most major altcoins have surged to new highs, XRP has remained stagnant, showing no clear momentum from either buyers or sellers. However, as the lawsuit nears its conclusion and optimism grows around XRP’s market prospects, there could be a significant shift in its price trajectory.
In theory, the chart pattern is known to carry a notable period of uncertain lateral trend to rebuild its momentum. The XRP price is currently at $0.52 and has been hovering above the lower trendline of the triangle pattern.
A potential breakout from the pattern’s overhead trendline will signal a change in market sentiment from selling on bounces to buying on dips.
If the pattern holds true, the post-breakout rally could chase the initiation target of $2, followed by $10.
In theory, the chart pattern is known to carry a notable period of uncertain lateral trend to rebuild its momentum. The XRP price is currently at $0.52 and has been hovering above the lower trendline of the triangle pattern.
$BTC $ETH $XRP
A potential breakout from the pattern’s overhead trendline will signal a change in market sentiment from selling on bounces to buying on dips.
If the pattern holds true, the post-breakout rally could chase the initiation target of $2,
So far in 2024, the XRP price has lagged behind, primarily due to Ripple’s ongoing legal dispute with the U.S. Securities and Exchange Commission. While Bitcoin and most major altcoins have surged to new highs, XRP has remained stagnant, showing no clear momentum from either buyers or sellers. However, as the lawsuit nears its conclusion and optimism grows around XRP’s market prospects, there could be a significant shift in its price trajectory.
In theory, the chart pattern is known to carry a notable period of uncertain lateral trend to rebuild its momentum. The XRP price is currently at $0.52 and has been hovering above the lower trendline of the triangle pattern.
A potential breakout from the pattern’s overhead trendline will signal a change in market sentiment from selling on bounces to buying on dips.
If the pattern holds true, the post-breakout rally could chase the initiation target of $2, followed by $10.
In theory, the chart pattern is known to carry a notable period of uncertain lateral trend to rebuild its momentum. The XRP price is currently at $0.52 and has been hovering above the lower trendline of the triangle pattern.
$BTC $ETH $XRP
A potential breakout from the pattern’s overhead trendline will signal a change in market sentiment from selling on bounces to buying on dips.
If the pattern holds true, the post-breakout rally could chase the initiation target of $2,
# Tari Airdrop Game | Miner Giveaway Quest Details
join now
https://airdrop.tari.com?referralCode=XlwLcyJ8Wk
Earn gems, and get that sweet sweet Tari
Let's play a game anon: complete quests and earn special gems. If you are the luckiest of lucky souls, you will also earn a precious turtle shell or an astonishingly rare sky hammer along the way. Don’t let them out of your grasp! You need all three to get to the promised land of max Tari airdrop. Anon, sleep is for when you are dead. Refresh this page constantly, as new quests will appear without notice. You won’t want to miss a single one.
join now
https://airdrop.tari.com?referralCode=XlwLcyJ8Wk
Earn gems, and get that sweet sweet Tari
Let's play a game anon: complete quests and earn special gems. If you are the luckiest of lucky souls, you will also earn a precious turtle shell or an astonishingly rare sky hammer along the way. Don’t let them out of your grasp! You need all three to get to the promised land of max Tari airdrop. Anon, sleep is for when you are dead. Refresh this page constantly, as new quests will appear without notice. You won’t want to miss a single one.
XRP ETF could gain approval in 2025, Ripple holders await lawsuit ruling
Ripple validator conducted a poll that shows 65% respondents believe XRP ETF is likely in 2025.
XRP holders await a ruling in the SEC vs. Ripple lawsuit that has dragged since 2020.
XRP wiped out nearly 2% of its value on the day.
Ripple (XRP) holders are awaiting a ruling in the Securities and Exchange Commission’s (SEC) lawsuit against the payment remittance firm. A court ruling was awaited in May 2024, however there is no update, as of Monday, May 27.
XRP wiped out nearly 2% of its value on Binance, on Monday.
Technical analysis: XRP eyes nearly 7% gains
Ripple is currently in an uptrend, it started on April 18. The altcoin has consistently formed higher highs and higher lows, momentum indicators on the 1-day timeframe support the thesis of gains in XRP price.
XRP sustains above $0.5300 on Monday, nearly 1% gain on the day, and the green histogram bars on the Moving Average Convergence Divergence (MACD) indicator shows underlying positive momentum in Ripple’s uptrend.
The Relative Strength Index (RSI) reads 52.11, above the neutral level of 50, it signals bullishness in XRP’s trend.
The target is $0.5703, the April 22 and May 6 high for XRP price, 7.29% rally from the current level.
#XRP_ETF
$BTC $XRP $ETH
Ripple validator conducted a poll that shows 65% respondents believe XRP ETF is likely in 2025.
XRP holders await a ruling in the SEC vs. Ripple lawsuit that has dragged since 2020.
XRP wiped out nearly 2% of its value on the day.
Ripple (XRP) holders are awaiting a ruling in the Securities and Exchange Commission’s (SEC) lawsuit against the payment remittance firm. A court ruling was awaited in May 2024, however there is no update, as of Monday, May 27.
XRP wiped out nearly 2% of its value on Binance, on Monday.
Technical analysis: XRP eyes nearly 7% gains
Ripple is currently in an uptrend, it started on April 18. The altcoin has consistently formed higher highs and higher lows, momentum indicators on the 1-day timeframe support the thesis of gains in XRP price.
XRP sustains above $0.5300 on Monday, nearly 1% gain on the day, and the green histogram bars on the Moving Average Convergence Divergence (MACD) indicator shows underlying positive momentum in Ripple’s uptrend.
The Relative Strength Index (RSI) reads 52.11, above the neutral level of 50, it signals bullishness in XRP’s trend.
The target is $0.5703, the April 22 and May 6 high for XRP price, 7.29% rally from the current level.
#XRP_ETF
$BTC $XRP $ETH
AI predicts Shiba Inu’s (SHIB) price for May 31, 2024
Shiba Inu: Machine Learning AI Predicts SHIB Price for May 5
Shiba Inu (SHIB) may break out into a rally soon. According to CoinCodex, SHIB could hit $0.00002970 on May 31, 2024. Reaching $0.00002970 from current levels would translate to a growth of over 21%.
Furthermore, CoinCodex anticipates SHIB to continue its rally in June, hitting a high of $0.00008375 on June 24, 2024. Reaching $0.00008375 from current levels would translate to a growth of about 241.28%. If SHIB hits $0.00008375, it may surpass its previous high of $0.00008616.
Source: CoinCodex
Changelly also paints a similar image for Shiba Inu (SHIB) over the next few days. The platform predicts SHIB to hit $0.00002969 on May 31, 2024. Furthermore, Changelly anticipates SHIB to reach $0.00008373 on June 24, 2024.
Shiba Inu: Machine Learning AI Predicts SHIB Price for May 5
Shiba Inu (SHIB) may break out into a rally soon. According to CoinCodex, SHIB could hit $0.00002970 on May 31, 2024. Reaching $0.00002970 from current levels would translate to a growth of over 21%.
Furthermore, CoinCodex anticipates SHIB to continue its rally in June, hitting a high of $0.00008375 on June 24, 2024. Reaching $0.00008375 from current levels would translate to a growth of about 241.28%. If SHIB hits $0.00008375, it may surpass its previous high of $0.00008616.
Source: CoinCodex
Changelly also paints a similar image for Shiba Inu (SHIB) over the next few days. The platform predicts SHIB to hit $0.00002969 on May 31, 2024. Furthermore, Changelly anticipates SHIB to reach $0.00008373 on June 24, 2024.
Which Are TheBest Altcoin For 10x Gains?
The best altcoin for 10x gains is 5thScape, which enables you to reap massive ROI. DarkLume also provides exponential returns. Due to 2024’s continuous highs and lows, cryptocurrency investments are now more susceptible to danger. This is where we have examined the best altcoin for 10x gains that are both highly stable and have applications that extend beyond trading.
Below-mentioned is a list of the best altcoin for 10x gains:
5thScape (5SCAPE)
DarkLume (DLUME)
SimuGaze (SGAZE)
Ethereum (ETH)
Binance Coin (BNB)
Please keep reading to learn more about its potential and reasons for better gains!
$BTC $ETH $BNB
The best altcoin for 10x gains is 5thScape, which enables you to reap massive ROI. DarkLume also provides exponential returns. Due to 2024’s continuous highs and lows, cryptocurrency investments are now more susceptible to danger. This is where we have examined the best altcoin for 10x gains that are both highly stable and have applications that extend beyond trading.
Below-mentioned is a list of the best altcoin for 10x gains:
5thScape (5SCAPE)
DarkLume (DLUME)
SimuGaze (SGAZE)
Ethereum (ETH)
Binance Coin (BNB)
Please keep reading to learn more about its potential and reasons for better gains!
$BTC $ETH $BNB
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DogeArmyComeBack
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📈Dogecoin to $12? Investor Says This Coin Below $0.10 Will Reach That Price Even Before DOGE Clears $1🦄
Why Dogecoin’s $12 Target Is Far-Fetched
Beyond its popularity and well-known supporters, Dogcoin’s path to $12 is full of challenges. Being a meme-based cryptocurrency, DOGE has sometimes been driven more by social media attention than by inherent technical worth or usefulness. Though its trading volume has stayed strong, there is no obvious market value estimate or use that might drive its price to historically extraordinary levels of $12. Dogecoin battled to top $0.75 even at the height of the 2021 crypto bull run, and it has subsequently settled in lower values. The price of the coin now is somewhat constant, much below past highs. Furthermore, lacking in DeFi and utility-based growth engines driving other cryptocurrencies is Dogecoin. Expecting Dogecoin to hit $12 seems more improbable without these fundamental elements.
Rexas Finance’s Potential to Hit $12 Before Dogecoin Reaches $1
The ambitious project plan and fast presale performance of Rexas Finance make it fit to reach important price benchmarks. Not unusual in the cryptocurrency space, Rexas Finance would have to rise 171-fold from its present $0.07 presale price to reach $12. Rexas Finance is positioned to maintain a steady increase with its utility-orientated approach and outstanding presale numbers. By contrast, dogecoin would have to rise more than six times to get to $1. Given its present price of $0.16 and a 24-hour trading volume devoid of any price movement, Dogecoin’s ascent to $1 looks difficult. With its usability and presale momentum, Rexas Finance is more likely to realize exponential growth that might propel it to double-digit values in the foreseeable future.
#DogeArmyComeBack #FedRateStrategy
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