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Shiba Inu Nearing 500% Rally? Analyst Discusses Shiba Inu, the “Dogecoin Killer,” anxiously awaits a price spike. Ashish, a market expert, predicted a 500% spike that could push meme currency to $0.000075. Ashish predicts a bullish rebound following a roughly two-year consolidation. Shiba Inu broke a key resistance trendline in December 2023 to escape price purgatory. The breakthrough sparked a 370% rise to $0.000045 in early March 2024. The celebration wasn't supposed to endure. After a pullback, Ashish set strategic buying zones at $0.000022 and $0.000025. Ashish's crystal ball predicts a bullish flag formation on the 1-hour chart, indicating a “second leg up.” This technical indication indicates stabilization after a significant price gain, frequently before another upward trend. Although its price dropped today, Shiba Inu looks to have development potential. The daily RSI is around 48, suggesting that the coin is neither overbought nor oversold. Ashish predicted a second step higher, and neutral territory signals upward momentum. The current Shiba Inu price estimate is 220% higher, hitting $0.00008089 by June 24, 2024. CoinCodex's technical indicators are Neutral, while the Fear & Greed Index is 76, suggesting Extreme Greed. Shiba Inu has seen 12 green days (40%) and 4.40% price volatility in the previous 30 days. These figures show that Shiba Inu's market behavior is attracting investors. The Fear & Greed Index's Extreme Greed rating indicates tremendous excitement, which is favorable for price rises but cautionary owing to quick emotion fluctuations. The coin's mild volatility and green days suggest sustained, unexpected growth. These considerations make Shiba Inu an intriguing asset to watch in the coming months. Shiba Inu price forecast mood is neutral today. Technical indicators confirm this judgment, with 20 indicating bullish tendencies and 8 indicating bearish trends. Cryptocurrencies are volatile and speculative, thus this balance. #ETHETFsApproved #PEPE #SHIB $SHIB #altcoins
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On 1-Day Chart, BNB Forms Bullish Flag Pattern What Next? Binance Coin (BNB) is consolidating after a climb to an all-time high. In the 1-day period, BNB's price formed a bullish triangle flag above the 100-day SMA during consolidation. Binance coin is trading between the $647 resistance level and the $498 support level, building momentum for a bullish breakout. Its total capitalization is $89,412,113,586, up 1.70% in 24 hours, and its trading volume is $1,535,069,940, down 37%. BNB was $604 above the 100-day simple moving average, up 0.65% in 24 hours. Technically, the digital asset's 1-day price chart shows it above the 100-day moving average. BNB may break above the top base of the bullish triangle to go higher. BNB Relative Strength Index (RSI) signal line has moved above and below zero, but is now above zero. This RSI configuration shows the price may break above the bullish triangle's top base. The Williams alligator indication predicts the price may rise since the alligator teeth and mouth are above the lip and the price is above the indicator. This configuration suggests BNB's price may rise above the bullish triangle. Finally, if BNB breaks above the bullish triangle, it may shatter the $647 high and set a new all-time high. If the crypto asset fails to break above the bullish triangle, it may fall below it and reach $498. It may correct further to test $384 if it breaks this level. #BNB #Binance #BTC $BNB
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Uniswap will vote on-chain on May 31. UNI may continue 40% gains despite SEC Wells warning. On May 31, Uniswap will automate fee collecting and distribution via on-chain voting. DeFi is proceeding despite the April 2024 SEC Wells Notice. UNI might recover 40% to erase April losses. Decentralized exchange platform governance token Uniswap (UNI). In April 2024, the project got a Wells Notice and answered in May. Despite the SEC's intervention, DeFi is proceeding with its on-chain vote to automate fee collecting and distribution. Uniswap prepares for May 31 on-chain voting. Uniswap reacted to the Wells Notice that authorities issued in May 2024 to report infarctions. Marvin Ammori, Chief Legal Officer of Uniswap Labs, stated that the initiative is in line with US law and that the SEC is pursuing assets and persons in countries “well beyond its authority.” Ammori says over 75% of Uniswap's services are used outside the US and approximately 90% of DEX volume is traded outside the SEC's jurisdiction. Uniswap's CLO says DEX offered their opinions on SEC claims and will sue if necessary. The protocol replied to the Wells Notice and will do on-chain voting on May 31. The vote will automate fee collection and distribution, although UNI holders must delegate their tokens before the vote. The DEX thinks the new voting process will lower Uniswap Governance's workload while retaining DeFi's reputation. Moving Average Convergence Divergence (MACD) supports the bullish thesis with green histogram bars above the neutral line and a crossing above the signal line on April 22. The Relative Strength Index (RSI) is 73.02, indicating solid momentum in UNI's uptrend in the overbought zone over 70. RSI is overbought, thus traders should be careful when buying the item. UNI might find support around $8.617, its May 23 low. The asset also has support from the 78.6% Fibonacci retracement of the March 6–April 13 fall at $8.28. #ETHETFsApproved #PEPE #UNI #Uniswap $UNI
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Ninja Squad is an NFT and crypto trading community, with a focus on education, gaming and innovating utilities for NFTs NST develops as a dynamic force within the field of non-fungible tokens (NFTs) and cryptocurrencies, since it provides its users with a full ecosystem that is meant to empower, educate, and elevate them. Ninja Squad is a company that goes beyond the typical confines of NFT collections by delving into the worlds of education, trading tools, and lifestyle services. The company was founded on the values of community interaction, education, and innovation. At its heart, Ninja Squad functions as a thriving community center, bringing together enthusiasts, merchants, and learners from all around the world. The project's goal is to equip its members with the knowledge, tools, and resources necessary to thrive in the ever-changing landscape of web3 and digital assets. This is accomplished through the diverse range of products and services that it offers, such as the Ninja News platform, the Ninja Tools trading dashboard, and the Ninja Academy educational hub. Ninja Squad is dedicated to expanding the limits of what is possible in the realm of non-fungible tokens (NFTs) and cryptocurrencies. This mission is driven by a team of industry specialists that are enthusiastic about their work. #ETHETFsApproved #NST #EarnFreeCrypto2024 #altcoins
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Solana to $1,000? Analyst remains bullish despite recent downturn After a minor market fall today, Solana (SOL) maintained key support levels and boosted investor confidence. The altcoin is among the top cryptocurrencies with a $6.50 billion 24-hour trading volume. SOL has 3.04% market share. Analyst Expects Solana Boom Famous crypto analyst Trader Tardigrade makes wild forecasts. Recent study by Tardigrade was hopeful about Solana's pricing trend. The expert says SOL, trading at $170, has broken out of its consolidation pattern and is headed toward $1,000. Beyond price estimates, Tardigrade highlighted intriguing Solana ecosystem developments. SocialFi apps, blockchain-based social media sites, are one example. Although SOL prices fell 4.50% in the previous 24 hours and 1.30% in the last week, the prognosis is positive. Market watchers are optimistic about cryptocurrency's short- and long-term prospects. Ethereum ETF Approval Impact The recent approval of the Ethereum ETF is likely to boost the altcoin market, including Solana. This market-wide optimism might boost SOL prices. The Ethereum ETF's acceptance boosts institutional confidence in the cryptocurrency industry and helps other blockchain initiatives receive mainstream attention. Alternates like Solana will benefit from higher liquidity and acceptance as more investors get comfortable with bitcoin investments via regulated financial instruments. Solana saw its maximum price at $259 on November 6, 2021, and its lowest price of $ 0.503701 on May 11, 2020. The lowest price since ATH was $8.00. The highest SOL price since the cycle low was $207. Positive sentiment surrounds the Solana price prediction, and the Fear & Greed Index is 76. #Sol #altcoins #buythedip #solana $SOL
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