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Coinpedia
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The post Experts Suggest This New Altcoins Instead of Investing In Solana appeared first on Coinpedia Fintech News The rapidly growing interest in Bitcoin ETFs has led to a record-breaking weekly inflow into crypto funds. As increasing amounts of capital flood into the market, experts are shifting focus to compelling opportunities offered by new altcoins. While recent trends suggest feast-or-famine returns in popular options like Solana, industry insiders propose a more diversified approach may yield better results. This exploration shines a spotlight on the potential of unexplored altcoins as a strategic investment alternative. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP stands at the forefront of financial technology, championing the motto “Grow faster, earn more.” With meticulous Project Screening, BlastUP ensures that only the highest caliber projects reach its ecosystem. Additionally, the platform offers  passive income opportunities through staking and farming, underlining its dedication to fostering an equitable and rewarding environment. The BlastUP tokens presale is running, and with each new stage, their value will increase. The current price is locked at $0.04, while the price at the DEX listing is going to be $0.1. Now is the perfect time to buy BlastUP tokens at the best price with a 60% discount. >> Snatch Up BlastUP Tokens Now for Maximum Returns! << As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. With its community-centric approach and drive for innovation, BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem. BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities. The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits. >> Seize the Chance to Grow Faster and Earn More with BlastUP! << Arbitrum’s Potential Growth Signaled, Bullish Market Trends Observed Arbitrum’s rally in a weekly transaction volume past Ethereum signals potential growth for the altcoin, which may catalyze notable price increases. The current price at $1.98 is below both resistance levels, namely $2.28 and $2.80, but with a bullish MACD sign indicating buying wave, prices could surge. For a long-term perspective, the Simple Moving Average at 100-days is at $1.54, which also recommends a buy action; implying a strong foundation for growth. The longer-term perspective is less optimistic. The Simple Moving Average 10-days rests at $2.03, suggesting a selling sentiment. With both the RSI and Stochastic actions remaining neutral, it would be prudent to consider potential short-term fluctuations. The support levels of $1.37 and $0.98 should not be dismissed lightly. While the news of Arbitrum’s progress is positive, it’s crucial to keep an eye on these resistance and support points to better anticipate potential corrections. SEI’s Decentralized AI Venture Signals Potential Growth Amid Crypto Volatility SEI’s venture into decentralized AI carries immense potential for growth. With resistance levels set at $0.96 and $1.27, there’s already upward momentum indicated by the MACD and Simple Moving Averages over the last 10 and 100 days. A surge towards those levels in the short term, on the announcement of this news, could be followed by consolidation. On the flip side, while the market is buzzing with the possibility of increased activity spurred by AI integration, the inherent volatility of the crypto market and current neutral RSI could lead to a bearish trend. A retraction could see the asset test the support levels at $0.45 and subsequently, the $0.25 mark, especially if the market views this development with skepticism. Conclusion While other altcoins like Arbitrum and SEI hold promise in the fluctuating crypto market, it’s BlastUP that is showing the highest potential. Its innovative concept and state-of-the-art features have captured the interest of investors and tech enthusiasts. As part of the thriving Blast ecosystem, the BlastUP project could become a game-changer, offering engaging community contributions. Look beyond the beaten path and consider BlastUP, a new alternative that could revolutionize your crypto investment strategy. Site: https://blastup.io/ Twitter: https://twitter.com/Blastup_io

about 9 hours ago
Crypto Daily™
Crypto Daily™
followers

Today's crypto market showed exceptional volatility, as Bitcoin was wavering in its attempt to solidify its position above the $52,000 threshold. Meanwhile, Ethereum briefly grazed the $3,000 mark, only to experience a minor setback. This uncertain dance of numbers led to a cautious approach from investors, who seem to be riding a short-term buying wave amidst an underlying bullish momentum. Adding to the intrigue, Ethereum's imminent mainnet launch of the 'Dencun' upgrade in March is drawing more attention than Bitcoin. This upgrade, tested meticulously on testnets, is expected to significantly smoothen the path for Ethereum's contribution to a promising Web3 future, thus creating a bubbling anticipation within the market. Amidst this whirlwind, other major players in the crypto space like Polygon (MATIC) and Cardano (ADA) were not immune to the market's fluctuations. MATIC recorded a minor dip of less than 1%, whereas ADA took a steeper plunge, dropping over 3%. This contributed to the overall crypto market cap slipping to $1.96 trillion. In contrast to these established coins, the emerging ScapesMania (MANIA) is stirring up its own wave of anticipation. Although its presale stage has concluded, the crypto community is eagerly awaiting its coming Token Generation Event (TGE) and DEX listing, expected to open doors for a broader spectrum of crypto investors to engage with MANIA. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Polygon (MATIC) Price Analysis Polygon (MATIC) recently displayed remarkable resilience in the face of market volatility, successfully reclaiming the psychologically significant $1 mark. This achievement came on the heels of a nearly month-long rally, during which MATIC initiated a robust recovery trendline. Polygon's (MATIC) journey began in late January with a bounce back from $0.722, exhibiting a V-shaped recovery that is often interpreted as a strong indication of buyer dominance. This momentum propelled MATIC's price by nearly 40% within a month, breaching the $1.01 mark and effectively surpassing both the $0.945 resistance and the 61.8% Fibonacci retracement level of the previous correction. Polygon (MATIC) Technical Outlook Technically, Polygon (MATIC) is currently positioned between the first support at $0.8784 and the first resistance at $1.0604, suggesting a delicate balance in market forces. Source: TradingView The Exponential Moving Averages (EMAs) indicate a positive trend, with the 10-day EMA at $0.9921 slightly above the 50-day EMA at $0.94, and both well above the 200-day EMA at $0.8651, reinforcing the bullish sentiment. The Commodity Channel Index (CCI) at 30.07 aligns with a burgeoning bullish scenario, and the MACD level at 0.0193, though modest, supports this view. The Relative Strength Index (RSI) at 51.95 is hovering around the midline, suggesting a neutral market sentiment. However, the Stochastic %K at 67.26 points to a slightly overbought condition, while the Average Directional Index (ADX) at 25.21 indicates a lack of strong trend. Polygon (MATIC) Price Forecast In the bullish scenario, if MATIC maintains its foothold above the newly established support-turned-resistance level of $0.9458, we could witness a further ascent towards $1.0604, and potentially challenge the higher resistances at $1.1212 and $1.3032. The key to this scenario lies in the sustenance of buyer momentum and Polygon's (MATIC) ability to withstand any negative spill-over effects from Bitcoin's movements. Conversely, in a bearish outcome, if MATIC succumbs to the selling pressure, particularly influenced by Bitcoin's performance, it might retest $0.8784. A breach below this level could see the coin drift towards the lower supports at $0.7572 and $0.5752, potentially erasing the gains accrued in the recent rally. Cardano (ADA) Price Analysis Recently, Cardano (ADA) was on a path to potentially reclaim its previous support levels above the $0.65 mark. Despite a sluggish recovery over the past month, ADA's bullish momentum remained underpinned by active participation. Analyst Ali Martinez, a well-known figure in the crypto market, drew parallels between Cardano's (ADA) current chart patterns and those observed during the 2020 pandemic-triggered crypto market crash. Martinez's analysis suggested that if ADA replicated this 2020 pattern entirely, it could enter a consolidation phase that would last until April 2024. Consolidation is a phase where the cryptocurrency stagnates between two levels as the market exhibits indecision about its long-term direction. Cardano (ADA) Technical Outlook From a technical standpoint, Cardano (ADA) is currently trading between its first support at $0.544 and first resistance at $0.662. Source: TradingView The EMAs for 10, 50, and 200 days are $0.611, $0.597, and $0.551 respectively, suggesting a tussle between short-term volatility and longer-term stability. The RSI at 41.2, combined with a low Stochastic %K of 16.5, points towards potential undervaluation, signaling room for an upward price movement. However, the CCI at -246.4 and a negative Momentum of -0.028 imply bearish pressures. The ADX at 26 indicates a lack of strong trend, aligning with Martinez's consolidation theory. Cardano (ADA) Price Forecast In a bullish scenario, if ADA's patterns align closely with those from 2020, there's a chance for a significant upward trend, potentially reaching the $0.704 and $0.812 price levels. In the long run, Cardano (ADA) can even hit the elusive $8 mark for the first time this year, as per Martinez's analysis. Conversely, the bearish outlook is fueled by the current negative market sentiment, as highlighted by on-chain data. The overall crypto market, including ADA, is experiencing a more negative crowd sentiment than historical averages, as reported by Santiment. In this case, Cardano (ADA) could experience a downturn, pushing it to retest the next defense lines at $0.488 and $0.38. Bottomline In today’s volatile crypto market, Polygon (MATIC) and Cardano (ADA) have each charted their unique courses.  MATIC, demonstrating resilience, recently rebounded impressively, surpassing key resistance levels and showcasing strong bullish indicators in its technical analysis. The path ahead for Polygon (MATIC), though optimistic, isn't without potential pitfalls as it navigates the ebb and flow of market forces and Bitcoin's influence.  Meanwhile, ADA, currently fluctuating between significant support and resistance levels, faces a critical juncture. Cardano's (ADA) journey could mirror its 2020 pattern, potentially entering a prolonged consolidation phase, yet there's still room for an upward trajectory if market sentiment shifts. As investors and traders weigh these analyses of MATIC and ADA, the crypto market continues its unpredictable move, with each coin carving out its destiny in this dynamic financial landscape. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

about 16 hours ago
Sefeoyin
Sefeoyin
followers

In the world of cryptocurrencies, Ethereum has been making waves with its recent surge in price. The second-largest cryptocurrency is on the rise, and experts predict that it may soon cross the $3,000 mark. This bullish outlook for Ethereum is driven by several factors, including the highly anticipated Dencun upgrade, an increase in staked Ether, and a reduction in circulating supply. In this article, we will explore these catalysts and delve into the Ethereum price prediction, speculating whether the price could reach $4,000. Ethereum's Recent Performance Ethereum has been outperforming Bitcoin in the crypto market, gaining significant strength in recent months. Despite Bitcoin's price stalling, Ethereum has managed to break through key resistance levels and touch the $3,000 mark for the first time since 2022. This impressive performance can be attributed to various factors that have contributed to the bullish trend of Ethereum. Catalysts for Ethereum's Bullish Outlook 1. The Dencun Upgrade One of the major factors driving Ethereum's price surge is the much-anticipated Dencun upgrade. This upgrade aims to introduce proto-danksharding, a feature that will reduce transaction fees and data availability costs for layer-2 chains. Additionally, the Dencun upgrade will implement Ethereum Improvement Proposals (EIPs) to enhance scalability, efficiency, and security. The fusion of the Cancun and Deneb upgrades will upgrade Ethereum's execution and consensus layers, respectively. The Dencun upgrade is expected to launch on the mainnet in March, and many analysts and investors believe that it will have a significant impact on Ethereum's price. 2. Increase in Staked Ether Another factor contributing to Ethereum's bullish trend is the increase in staked Ether. With the switch from proof-of-work to proof-of-stake, validators are now earning fees that are burned or taken out of circulation. This reduction in circulating supply, combined with the growing interest and participation in staking, creates a supply and demand imbalance that drives up the price of Ethereum. 3. Deflationary Nature after the Merge The upcoming Ethereum 2.0 upgrade, also known as the Merge, will further enhance Ethereum's deflationary nature. This upgrade will replace the current proof-of-work consensus mechanism with proof-of-stake, reducing energy consumption and transaction fees. As a result, Ethereum's circulating supply will continue to shrink, creating scarcity and potentially driving the price even higher. Technical Analysis and Price Prediction Technical indicators, such as moving averages and the Moving Average Convergence Divergence (MACD) indicator, support the bullish theory for Ethereum in both the short-term and long-term. The recent breakout above a key weekly resistance level suggests a stronger bullish outlook for Ethereum. Although the price has retraced slightly after touching $3,000, it has found support at the 0.5 Fibonacci level. Traders will closely monitor the daily and weekly closes above $3,000, as they could signal a continuation of the uptrend towards the next critical zones. Potential Price Targets and Resistance Levels In the event that Ethereum successfully moves and holds above $3,000, the next critical zones highlighted in yellow and red become the focus for traders. A successful retest of these levels could trigger FOMO (fear of missing out) among investors, leading to increased buying pressure. If the bullish momentum continues, Ethereum could potentially reach $4,000 and even set a new all-time high. However, in the event that Ethereum fails to move and hold above $3,000, it could be confined within the support range of $2,400 and resistance at $2,900. This consolidation phase could persist until the launch of the Dencun upgrade, which may provide the catalyst needed to push Ethereum's price higher. Expert Opinions and Market Sentiment Many analysts and investors are optimistic about Ethereum's future price potential, especially with the upcoming Dencun upgrade. Michaël van de Poppe, the founder of MN Trading Consultancy, believes that the strength of Ethereum will come from this upgrade, particularly if Bitcoin encounters a short-term peak. Van de Poppe suggests that Ethereum needs to reclaim the 0.06 level to further solidify its bullish outlook. Conclusion Ethereum's recent surge in price and its bullish outlook can be attributed to various factors, including the highly anticipated Dencun upgrade, the increase in staked Ether, and Ethereum's deflationary nature after the Merge. Technical analysis supports the bullish theory, and there is a growing market sentiment that Ethereum could reach $4,000 and set a new all-time high. However, as with any investment, it is important to conduct thorough research and consider market risks before making any financial decisions.

1 day ago
Crypto Daily™
Crypto Daily™
followers

The crypto market is buzzing with excitement, fueled by the recent surge in Ethereum price, which tantalizingly approached the $3,000 milestone. The second-largest cryptocurrency reached $2,980 on Monday, February 19, its highest level in 22 months, and reignited speculation about the coming altseason. Apollo Capital's Henrik Andersson shared this sentiment, pointing to Ethereum's impending updates and the mainnet launches of scaling solutions. Amidst this optimistic backdrop, one of Ethereum's most popular scaling solutions, Optimism (OP), soared over 10% in the past week to hit $4.1 before the price started correcting gains. However, not all players are enjoying the same upward trajectory. Competing scalability-focused blockchains like Cosmos (ATOM) and NEAR Protocol (NEAR) are experiencing a downturn, with both tokens showing bearish trends in today's trading session.  In this dynamic and somewhat unpredictable market landscape, the next developments for ScapesMania (MANIA) are drawing attention. Although its presale stage has concluded, the anticipation for its forthcoming Token Generation Event (TGE) and decentralized exchange listing is palpable. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Optimism (OP): Scaling New Heights A favorite among developers, Optimism (OP) scales the Ethereum network while leveraging its security. Following a boost in investor sentiment, partly driven by the introduction of the Bitcoin ETF, OP experienced a bullish wave, further bolstered by recent strategic moves, such as allocating 2 million OP tokens to the DeFi layer-2 (L2) network Mode. Source: TradingView Optimism (OP) recently surpassed the $4 mark, aligning with the overall bullish sentiment surrounding Ethereum. Currently, OP is trading between its support at $3.5 and resistance at $4.3, indicating a critical juncture in its market positioning.  Optimism (OP) Technical Analysis From a technical standpoint, OP's Exponential Moving Averages (EMAs) present a bullish scenario; the 10-day EMA at $3.9, the 50-day EMA at $3.7, and the 200-day EMA at $3.4 all suggest a sustained upward trend. The Relative Strength Index (RSI) at 64.3 leans towards overbought territory but isn't extreme, indicating strong buying interest. The Stochastic %K, at 58.5, supports this, showing momentum without being overextended. The Commodity Channel Index (CCI) at 138.7 and the MACD level at 0.057 also reinforce the bullish sentiment, while the Momentum indicator at 0.236 suggests increasing buying pressure. However, the Average Directional Index (ADX) at a low 22.9 suggests a lack of strong trend strength.  Optimism (OP) Price Prediction In a bullish scenario, if Optimism (OP) maintains its current trajectory and investor interest remains high, we could see OP testing the next resistance level at $4.8. This outlook aligns with the optimistic forecasts projecting Optimism's (OP) growth towards $10 by 2025. However, in a bearish scenario, challenges such as intense competition in the scaling solution space and concerns over market volatility due to limited token circulation could apply downward pressure. If these factors become prominent, OP might retreat towards $3.2, or even lower to $2.7. Cosmos (ATOM): Charting the Recovery Path Cosmos (ATOM) has recently been navigating choppy waters, grappling with persistent bearish sentiment. The token dropped by 14% in January, plummeting below the local high of $12.227. However, recent market trends suggest a potential shift in this narrative. Despite the earlier setbacks, ATOM exhibited resilience, with its weekly price chart reflecting a modest 3% uptick. This upward movement extends into the monthly timeframe, where Cosmos (ATOM) has almost clinched a 6% gain. Source: TradingView This gradual yet steady growth, particularly following the pronounced bearish phase in January, signals a potential reversal in fortunes for the token. Market analysts are now increasingly optimistic, forecasting a possible resurgence for ATOM in the weeks ahead. Now, ATOM is currently navigating a critical phase, trading between its first support level at $9.78 and the first resistance level at $11.03. Cosmos (ATOM) Technical Analysis Cosmos' (ATOM) 10-day EMA at $10.53 is slightly above the current price, indicating a mild bearish pressure. However, the 50-day and 200-day EMAs at $10.29 and $9.93, respectively, suggest underlying support, offering a silver lining for potential bullish momentum. The RSI at 47.16 is hovering near the neutral 50 mark, hinting at a balanced sentiment among traders. The Stochastic %K at 29.18 and the CCI at -17.84 further reinforce this neutral-to-bearish outlook. Meanwhile, the ADX at a low 20.14 indicates a lack of strong trend, and the MACD level of 0.081 coupled with negative Momentum at -0.228 underlines the need for caution. Cosmos (ATOM) Price Prediction In the bullish scenario, if ATOM successfully breaks above $11.03, it could trigger a wave of buying interest, potentially pushing the price towards $11.46 and $12.71 levels. This movement would be supported by a crossover in the EMAs, particularly if the short-term EMA crosses above the longer-term averages.    Conversely, in the bearish case, a failure to sustain above $9.78 could see Cosmos (ATOM) retesting lower support levels at $8.96 and $7.71. This would be accompanied by a further decline in the RSI below 45 and a continuation of the negative trend in the Stochastic and MACD indicators. NEAR Protocol (NEAR): Analyzing the Shift from Bear to Bull NEAR Protocol (NEAR) has recently shown signs of resurgence, breaking away from its bearish trend that dominated most of January. This shift in momentum is evident in its recent market performance, where NEAR has experienced a noteworthy uptick of over 7% in the past week and an impressive 12% increase month-to-date. Source: TradingView Despite this positive trend, NEAR is still trading below its year-to-date high of $4.3, reached on December 27, 2023. Currently positioned between the first support at $3.2 and the first resistance at $3.71, the token is navigating a crucial phase in its price trajectory as it potentially gears up for a continued rally. NEAR Protocol (NEAR) Technical Analysis From a technical analysis standpoint, NEAR Protocol's (NEAR) EMAs provide a bullish signal, with the 10-day EMA at $3.46 slightly above the 50-day EMA $3.34, indicating short-term momentum. However, the 200-day EMA at $3.13 suggests a need for caution, reflecting the longer-term trend. The ADX at 25.52, still below the threshold of 25, hints at a lack of strong trend. The CCI at -17.33 is near the zero line, suggesting a balance between buying and selling pressures. The RSI at 45.79 is near the neutral 50 mark, neither strongly bullish nor bearish. The Stochastic %K is under 40, typically a sign of a potential turnaround. The MACD Level at 0.038 is marginally positive, but the negative Momentum at -0.157 calls for a cautious approach. NEAR Protocol (NEAR) Price Prediction In the bullish scenario, if NEAR manages to break past $3.71, it could be en route to test the second resistance at $3.91. A sustained bullish momentum could even propel NEAR towards the $4.42 mark, aligning with analysts' projections for Q1 of 2024. Conversely, in a bearish scenario, failure to hold above $3.2 might see NEAR Protocol (NEAR) sliding towards the second support level at $2.88. A breach below this could lead to a retest of the third support at $2.37, marking a significant retreat from its current levels. Final Thoughts In today's crypto market, Ethereum's surge is casting a spotlight on its scaling solution, Optimism (OP), which is experiencing a significant rally, while competitors like Cosmos (ATOM) and NEAR Protocol (NEAR) face varied fortunes. But despite recent struggles, ATOM shows signs of a recovery path, with a modest uptick hinting at a possible market sentiment reversal. NEAR, after a period of bearish trends, is also witnessing a resurgence, indicating a potential shift towards a bullish trajectory. Whether you’re dabbling in digital currencies or going all-in, making sure you’re clued-up can make or break your experience. Remember this – you don’t want yesterday’s news guiding today’s decisions! Keep learning and stay flexible; that way, you'll be more likely to ride out any storm and catch those high waves when they come rolling in. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

1 day ago
Crypto Daily™
Crypto Daily™
followers

While Bitcoin appears to be in a dormant state above $52,000, signaling a possible pullback, the altcoin season is in full swing, which is particularly evident in the volatile realm of meme coins. Unlike previous seasons, where these coins have seen rapid and significant jumps, this time around, their pace is more measured. This slower approach might signal an impending bull run, especially as we approach the Bitcoin halving event, which is now just 8,776 blocks away.  The pre-halving rally is a moment ripe with opportunity, suggesting that now could be the ideal time to invest in top meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), before they potentially skyrocket. DOGE has shown a steady uptrend, with a 6% rise in the past week, though it's still striving to conclude the month on a high note. On the other hand, SHIB, buoyed by the success of its Shibarium project, is building on its February gains with a modest 2.5% increase over the week. Interestingly, over a 90-day period, Shiba Inu (SHIB) has outperformed Dogecoin (DOGE), suggesting a more stable medium-term growth trajectory.  Amidst this landscape, a new player, ScapesMania (MANIA), is also making waves. Although its presale stage has concluded, the crypto community is eagerly anticipating its upcoming Token Generation Event and subsequent listing on decentralized exchanges. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Dogecoin (DOGE): Breaking Transaction Records Dogecoin (DOGE) showed signs of a robust recovery from its recent decline, bolstered by a 140% surge in trading volume. The increased trading activity propelled DOGE back into the top 10 cryptocurrencies by market capitalization. Since late January, particularly around January 30, the network has consistently recorded more than 1 million transactions daily, with a peak nearing 2 million transactions. The flurry of activity reported by IntoTheBlock highlighted a significant uptick in Dogecoin's (DOGE) ecosystem, correlating closely with its price movement. Dorecoin (DOGE) Technical Analysis From a technical standpoint, DOGE is currently trading between its first support at $0.0805 and first resistance at $0.0894. Source: TradingView The Exponential Moving Averages (EMA) paint a promising picture, with the 10-day EMA at $0.0871 slightly above the current price, while the 50-day and 200-day EMAs at $0.0848 and $0.0826, respectively, provide a bullish backdrop. The Relative Strength Index (RSI) at 53.27 suggests that Dogecoin (DOGE) is neither overbought nor oversold, offering room for movement in either direction. Additionally, the Stochastic %K at 48.82, alongside a moderate Average Directional Index (ADX) of 30.12 and a Commodity Channel Index (CCI) of 54.1, indicate a potential for momentum build-up. The MACD level at 0.0009 and Momentum at 0.0011 further support the potential for price changes. Dorecoin (DOGE) Price Forecast Looking at potential scenarios, the bullish case for Dogecoin (DOGE) could see it breaking past $0.0894 and aiming for the next resistance levels at $0.0932 and $0.1021, bolstered by factors such as the speculated collaboration with Ferrari and whales' accumulation of millions of DOGE. The Dogecoin Foundation's vision to expand DOGE's utility through the integration with e-commerce platforms like Shopify and other online merchants can also fuel a sustained upward trajectory. On the flip side, a bearish scenario might emerge if DOGE fails to sustain its momentum, potentially leading it to retest its first support level at $0.0805. Further decline could see it approaching the lower support lines at $0.0754 and $0.0665, influenced by market sentiment and broader crypto market trends. Shiba Inu (SHIB): Shibarium's Milestone and NFT Revolution The recent update from the Shibariumscan explorer revealed that Shibarium, the layer-2 blockchain designed for Shiba Inu (SHIB), has achieved two major milestones, signaling a substantial expansion in its utility. This includes setting a new transaction record with over 360 million SHIB transactions, and an impressive surge in daily transactions, reaching three million. Additionally, the Shiba Inu (SHIB) team is innovating with the introduction of Sheboshis NFTs on the new ERC-404 standard, aimed at the female segment of the SHIB community. Upgrades to the Shiba Eternity game and enhancements in play-to-earn features also paint an optimistic picture for Shiba Inu's (SHIB) future. Shiba Inu (SHIB) Technical Analysis From a technical standpoint, SHIB is currently navigating between its first support level at $0.00000928 and the first resistance level at $0.00001012. Source: TradingView The EMAs are showing a convergence, with the 10-day EMA at $0.00000982, 50-day EMA at $0.00000969, and the 200-day EMA at $0.00000946, indicating a potential for price consolidation. The RSI at 55.5 suggests a neutral market sentiment, while the Stochastic %K value at 64.9 points to increasing buying pressure. However, the low ADX of 15.2 implies a lack of strong trend, and the MACD level and Momentum indicators are showing minimal positive divergence, suggesting cautious optimism. Shiba Inu (SHIB) Price Forecast Looking at the potential scenarios, the bullish case for Shiba Inu (SHIB) would involve breaking through $0.00001012 and aiming for the higher resistance levels of $0.00001051 and $0.00001135. This upward movement could be fueled by the increasing utility and transaction volumes on Shibarium, coupled with the anticipated integration of Sheboshis NFTs and enhancements in the Shiba Eternity game. On the flip side, a bearish scenario would see SHIB retracing back to its support levels, particularly if it fails to sustain the current buying momentum. A drop below $0.00000928 could lead to tests of lower supports at $0.00000883 and $0.00000799. Bottomline As the altseason rolls in, Dogecoin (DOGE) and Shiba Inu (SHIB) are standing out with notable developments and promising technical indicators. DOGE, rejuvenated by a surge in trading volume, is oscillating between key support and resistance levels, poised for potential upward momentum. Meanwhile, SHIB, fueled by Shibarium's record-breaking transactions and the launch of Sheboshis NFTs, is also trading between crucial technical markers, hinting at possible price consolidation with a side of cautious optimism. Both Dogecoin (DOGE) and Shiba Inu (SHIB), in the limelight of the pre-halving rally, present intriguing scenarios for investors, balancing on the edge of bullish and bearish trends as they navigate through a market ripe with opportunities and challenges. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

1 day ago
Victor Del Pino
Victor Del Pino
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According to Blockonomi Analytics: 🚀 Polygon Surges Back To $1: Can MATIC Sustain Bull Run? In the near term, multiple technical indicators align with a bullish outlook for MATIC. Key moving averages showcase robust momentum, with MATIC moving above its 25-day and 50-day averages over the past three months. Meanwhile, oscillators like the MACD and RSI are flashing buy signals. This confirms the positive price action seen lately, as MATIC left behind a head and shoulders bottoming pattern to overcome resistance at $0.981. Should bulls maintain control, MATIC may attempt to retest former highs around $1.08 and $1.12. These levels guarded several rallies during the tail end of 2023. Beyond that, little stands in the way of MATIC exploring prices closer to $1.50, near where its breakdown commenced last spring. However, threats remain to Polygon’s ascent. As a pioneer in layer-2 scaling, Polygon faces strengthened competition from alternative networks like Optimism and Arbitrum. This clash for developer and user adoption explains Polygon’s underperformance compared to rivals in recent months despite broader industry tailwinds. MATIC remains down nearly 70% over the past six months. Reclaiming its former top 5 status by market cap will require continuous technological innovation.If the current Bitcoin and crypto upswing proves short-lived, risky assets like MATIC could see buyers flee rapidly. Support levels to monitor stretch down through $0.90 and $0.80, breach of which may spur a retest of 2023 lows under $0.75. Bulls must hold the psychological $1.00 mark to retain positive momentum. Polygon has rebounded to the verge of a major technical breakout, yet macro uncertainty combined with blockchain sector competition raise doubts. Traders stand cautious towards calls for any explosive “Moon” rally in MATIC price action until greater confirmation of directionality takes shape. MATIC must continue providing value to its network users to sustain this recovery.

3 days ago
Coinpedia
Coinpedia
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The post Worldcoin Price Records 211% Jump! WLD Price To Hit $10 This Month? appeared first on Coinpedia Fintech News The Worldcoin price has recorded a jump of over 23% within the past day, making it the top gainer of the market for the day. Moreover, the WLD coin has experienced significant whale transactions this month and successfully surpassed the 1 Million daily users milestone, highlighting it to be the prime reason for the surge. The Worldcoin price traded in a closed range between $2.144 and $2.670 for twenty-six days, indicating weak buying and selling pressure in the market. As the market volatility grew, the market bulls gained momentum and jumped 22.58% in value, following which the price traded sideways for a while. TradingView: WLD/USDT After displaying a neutral trend for a while, the bulls regained momentum and recorded a jump of 103.485% within the next three days in their valuation. Currently, the WLD token is trading in a closed range between $6.441 and $7.009 and is on the verge of testing its resistance level, the outcome of which is unpredictable. The Moving Average Convergence Divergence (MACD) displays a constant green histogram for a brief time, indicating a strong bullish influence in the market. Further, the averages show a constant rise, suggesting the price will continue gaining value in the coming time. Will Worldcoin Price Increase? If the market holds the price above the support level of $6.441, the bulls will continue to gain momentum and prepare to test its resistance level of $7 soon. Maintaining the price at that level will set the stage for Worldcoin price to attempt to test its upper resistance level of $7.510 in the upcoming week. Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its lower support level of $5.492. Moreover, if the bears hold power over the bulls, the WLD coin price will continue to bleed and test its crucial support level of $4.838 this month.

3 days ago
Coinstages
Coinstages
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According to Trend Rider, Cardano (ADA) might be poised for a significant upward trend. The analyst pointed out a positive pattern between two key moving averages, suggesting good prospects for ADA in the long term. They also noted similarities to a previous surge in ADA’s price, from $0.11 to $3.00. CoinMarketCap data reveals that ADA’s remarkable surge from $0.11 to $3 unfolded between December 2020 and September 2021, spanning approximately 10 months. Considering this timeline, it’s possible that a similar bullish pattern could lead to another substantial increase in ADA’s value, albeit over a similar duration. ADA/USD Daily Chart Analysis: Potential Upside Towards $0.70 Analysis of the ADA/USD daily chart suggests a positive market sentiment that could drive the price towards $0.70. However, the short-term outlook indicates potential resistance around $0.65, hindering a breakthrough. Currently trading at $0.59, ADA faces a notable resistance at $0.60. A failed attempt to surpass this zone could lead to a decline towards $0.55. Conversely, a successful close above $0.60 might pave the way for a retest of $0.68. Notably, the 50-day Exponential Moving Average (EMA) has crossed above the 200-day EMA, forming a golden cross. This pattern typically signals a bullish breakout, suggesting potential for ADA’s price to rise significantly in the long run. ADA Price Forecast: Potential Upside to $1.18 Amid Market Optimism Amid prevailing market optimism, ADA could potentially surge by another 100% within the next few months, reaching a price target of $1.18. However, if bearish sentiment dominates, ADA’s price may stagnate or continue trading within the range of $0.55 to $0.60. Currently, the Moving Average Convergence Divergence (MACD) on the ADA/USD 4-hour chart indicates a pause in bullish momentum, with the MACD dropping into negative territory. Additionally, the 12 and 26 Exponential Moving Averages (EMAs) are trending downwards, suggesting a potential bearish trend. If this downward momentum persists, ADA could retest support at $0.54, corresponding to the 0.236 Fibonacci level. On the other hand, a closer look at the Fibonacci retracement indicator reveals the potential for further upside in ADA’s price. If buying pressure resumes, ADA may experience a 13% increase, pushing its price towards $0.68, aligned with the 4.236 Fibonacci level. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #cardano #ADAAnalysis

4 days ago
Crypto Daily™
Crypto Daily™
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In today's cryptocurrency market, Bitcoin rebounded past the significant mark of $52,200. Despite this surge, its trading volume interestingly dipped by 10%, resting at $19.78 billion, while maintaining a towering market cap of $1.03 trillion. Ethereum, a major player in the altcoin domain, isn't far behind, registering a 3% increase to above $2,900 and boasting a market valuation of $349.7 billion. Ethereum's trading activity also saw a notable hike, with its volume gaining 28%, almost touching $24.6 billion. In the midst of these market movements, Ripple (XRP) recovered past $0.56. Yet, like Bitcoin, it experienced a 10% fall in trading volume, down to $819 million. Despite this, XRP holders saw nearly 8% weekly gains, hinting at an underlying resilience. As the calendar flips closer to February 20th, Ripple (XRP) is girding itself for a pivotal chapter in its courtroom saga with the SEC – this next act promises to peel back layers of the case during discovery related to remedies and could very well be packed with surprises. Amidst this landscape, ScapesMania (MANIA), although having concluded its presale stage, is generating buzz as its coming DEX listing approaches. This next step for MANIA isn't just another update; it's set to throw open the doors to an even wider audience. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Ripple (XRP) on the Edge: Lawsuit Outcome to Set Future Course The Ripple (XRP) market was abuzz with activity, especially in light of the recent developments in the SEC v. Ripple lawsuit. As the legal battle approached a critical juncture on February 20th, with the formal end of its remedies-related discovery phase, Ripple was granted an extension to compile post-complaint institutional sales data, which had a noticeable impact on XRP's market behavior. Source: TradingView Currently, Ripple (XRP) is trading between the key levels of support at $0.5209 and resistance at $0.5864. The market is closely watching these levels as they determine XRP's short-term price trajectory. Ripple (XRP) Technical Analysis From a technical perspective, Ripple's (XRP) Exponential Moving Averages (EMAs) - 10-day at $0.5587, 50-day at $0.5463, and 200-day at $0.5403 - suggest a cautiously optimistic trend, with the price hovering above all three EMAs. The Relative Strength Index (RSI) at 57.15 indicates a neither overbought nor oversold condition, providing room for movement in either direction. However, the Stochastic %K at 82.71 leans towards an overbought territory, hinting at potential price correction. The Average Directional Index (14) at 18.96 shows a lack of strong trend, and the MACD Level (12, 26) at 0.004 reinforces this indecisiveness. These technical indicators, combined with the uncertainty surrounding the lawsuit's outcome, make XRP's near-term price direction somewhat unpredictable. Ripple (XRP) Price Action – What’s Next? In the bullish scenario, Ripple's (XRP) resilience is underscored by the recent accumulation by large wallet holders, as reported by Santiment. Coupled with a decline in whale transactions and slowed profit-taking, this suggests a potentially bullish outlook. If buying pressure increases, bolstered by a favorable outcome in the legal proceedings or positive market sentiment, XRP could retest $0.5864 and possibly eye the next barriers at $0.6158 and even $0.6813. On the flip side, the bearish scenario takes into account the recent loss of momentum by the bulls over the weekend and the shedding of XRP holdings by small holders and retail investors. If bearish pressures persist and buying pressure fails to materialize, Ripple (XRP) could see a downturn, potentially retesting $0.5209 and even the lower support levels at $0.4847 and $0.4191, with the ongoing legal developments adding to the uncertainty. In both scenarios, the coming key date in the SEC lawsuit looms large, poised to significantly influence XRP's market trajectory. Bottomline The coming key date in the SEC lawsuit is set to be a decisive factor in shaping Ripple's (XRP) future market trajectory. Currently trading between pivotal support and resistance levels, XRP's price action reflects a cautiously optimistic trend, as indicated by its EMAs. However, the mixed signals from technical indicators such as the RSI and Stochastic, coupled with the uncertainty of the lawsuit's outcome, render Ripple's (XRP) near-term direction unpredictable. The market's response to the impending legal developments will determine whether XRP stays resilient or succumbs to bearish pressures. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

2 days ago
Crypto Daily™
Crypto Daily™
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Following an impressive surge in Bitcoin's market cap exceeding the landmark $1 trillion, attention is now directed toward the altcoin frontier where promising crypto assets are poised for an explosive rally. This event conveniently ushers in a new altcoin season, setting the stage for noteworthy altcoins that carry hefty potential for significant value appreciation next. BlastUP Presale: the Rising Star Set to Continue the Blast Revolution Blast, the only Layer 2 blockchain with a native yield for ETH and stablecoins, has recently made a splash in the crypto world with its head-spinning launch, reaching a staggering $1 billion TVL in just one month. Following the brilliant debut, a new big project based on this blockchain is entering the scene: BlastUP. BlastUP is a groundbreaking launchpad poised to follow the Blast’s path to roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board. Currently, BlastUP is running its first presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.02, you may get a high ROI of 800% in the future, as the listing price is set at $0.1. >> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale << Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking. Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space. The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace. >> Join BlastUP Presale NOW to Unlock Early Benefits << ApeChain Launch on Arbitrum Could Possibly Surge ARB Prices Amidst Potential Risks Taking into account the launch of ApeChain network on the Arbitrum platform, we may see a surge in ARB prices. With the potential boost in network activity, the current price of $2.04 could challenge the resistance level at $2.28. If momentum continues, the next resistance level at $2.80 may be within reach. In the long term, this development can reassure investors and push the Simple Moving Average 100-days price, placing ARB into a sustained bull market. On the other hand, there are risks that the development might experience shortcomings or delays, posing uncertainties for the value of ARB. Any negative news could push the price down towards its immediate support at $1.37. In a more bearish scenario, the price could even test the support level at $0.98. However, the current neutral stance shown by RSI and Stochastic indicators, as well as the "buy" signal from the MACD, suggest that we should maintain a watchful eye on this promising project. Potential Bullish Scenario for MNT Following Dragon Giveaway Announcement The engagement of Mantle (MNT) with the announcement of a dragon giveaway presents a potentially bullish short-term scenario. With the current price of $0.75, a successful event could trigger an upward trend, potentially breaching the resistance levels of $0.76 and $0.94. Based on bullish signals provided by the MACD along with the 10-day and 100-day Simple Moving Averages (SMA), an increase in market interest and trading volume could galvanize MNT's price. However, it's critical to remain cautious. Considering the neutral RSI and Stochastic RSI Fast actions, MNT's price stability may be tested if the giveaway event fails to generate anticipated interest. Its current levels are just above the first support level at $0.49 and the next support at $0.40, providing a safety net while still suggesting room for a downward trend. The 100-day SMA at $0.60 serves as a potential target in the case of a price retracement in the long-term. Conclusion While ApeChain and MNT offer commendable potential, the concept innovation and ecosystem positioning of the BlastUP project place it a cut above the rest. Within the thriving Blast ecosystem, BlastUP empowers startups with tools and rewards. As such, stakeholders in BlastUP not only significantly stand to benefit but also contribute to the growth and success of the wider crypto space. With exponential potential, it's reasonable to anticipate a powerful performance from BlastUP in the impending altcoin season. Site: https://blastup.io/  Twitter: https://twitter.com/Blastup_io  Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
Crypto Daily™
Crypto Daily™
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Following the milestone event in the crypto industry when Bitcoin's market cap crossed the $1 trillion threshold, anticipation has now shifted towards altcoins. Heralded as the next big sensation prepared to 'shock the world', these emerging digital currencies reveal extensive opportunities for innovation and profit in the dynamic crypto market landscape. Moments like these remind us of the relevance of keeping an informed eye on this space. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP stands at the forefront of financial technology, championing the motto “Grow faster, earn more.” With meticulous Project Screening, BlastUP ensures that only the highest caliber projects reach its ecosystem. Additionally, the platform offers  passive income opportunities through staking and farming, underlining its dedication to fostering an equitable and rewarding environment. The first stage of BlastUP tokens presale is running, and with each new stage, their value will increase. The current price is locked at $0.02, while the price at the DEX listing is going to be $0.1. That will make a whopping 800% ROI, so now is the perfect time to buy BlastUP tokens at the best price with an 80% discount. >> Snatch Up BlastUP Tokens Now for Maximum Returns! << As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. With its community-centric approach and drive for innovation, BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem. BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities. The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits. >> Seize the Chance to Grow Faster and Earn More with BlastUP! << Ethereum Price Evolution: Upswing Fueled by Whale Activity  Following the news of an Ethereum whale amassing a staggering sum, optimism has the upper hand for Ethereum's potential price evolution. Prospects envision the digital asset surmounting significant resistance levels at $2952 and $2617. Based on its current price of $2818 and supported by the MACD and both 10-day and 100-day Simple Moving Averages suggesting a 'Buy', Ethereum can potentially enjoy a noticeable upswing in value facilitated by this injection of capital. However, unexpected variability could still play a pivotal role and present short-term risks. The reality of drops to support levels like $2044 and $1806 can't be excluded due to possible whale dynamics and market fluctuations. The 'Sell' suggestion from the Relative Strength Index, coupled with the Stochastic indicator's neutrality, signal caution, inviting investors to brace for potential price corrections and adopt a vigilant approach to their strategies. Jupiter (JUP) Shows Growth Potential Despite Market Uncertainties The upswing of Jupiter (JUP) growth, as exhibited by the recent 8% gain in price, shows potential for future increases. The current price of $0.52, slightly above the 10-day simple moving average of $0.51, signals a possible positive turn, with optimism for reaching resistance levels of $1.01 and potentially $1.36. Conversely, despite the recent gain in JUP's price, market uncertainties persist. It's essential to consider the neutral RSI recommended action hinting at a switched market sentiment short-term. While the possibility of reaching $1.36 is present, a dip towards lower support levels of $0.17 isn't out of the picture, indicating an existing level of risk in Jupiter's long-term performance. Conclusion In conclusion, while Ethereum and Jupiter hold potential for future surges, it is BlastUP—being the first launchpad in the rapidly expanding Blast ecosystem—that carries the most promise. Its idea is market-tested and set to revolutionize the market. Other coins may show potential, but none captivate with the same level of robust innovation and opportunity as BlastUP. The "Blast" ecosystem's growth and BlastUP's 'Grow faster, earn more' motto sets a precedent that might truly 'shock the world' with its success. Site: https://blastup.io/  Twitter: https://twitter.com/Blastup_io  Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
CoinEdition
CoinEdition
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The 25 to 200 EMA revealed that ADA might repeat the 2020 to 2021 rally. Cardano’s price might hit $0.68 if bullish forces can help the token close above $0.60.  A 100% increase to $1.18 could happen in the next few months depending on the market sentiment. If the prediction of technical analyst Trend Rider is anything to go by, then Cardano (ADA) might be set for a major uptrend. According to Trend Rider, the 25 to 200-day Exponential Moving Averages (EMAs) presented a bullish structure for ADA in the long term. In his post, the analyst said that Cardano might repeat a move similar to the period when the price went from $0.11 to $3. 🚨 Get ready for liftoff: $ADA is gearing up for a major breakout! When the most critical moving averages last transitioned from red to green, $ADA 's value soared from $0.11 to $3.00. This alignment represents a long term trend and price structure bullish change .EMA's… pic.twitter.com/5StNgN4PFT — Trend Rider (@TrendRidersTR) February 16, 2024 A Bullish Breakout May Be Coming According to CoinMarketCap, ADA’s jump from $0.11 to $3 happened between December 2020 and September 2021, meaning it took about 10 months. Therefore, it might take another number of months for the bullish confluence to produce a similar outcome. Coin Edition’s analysis of the ADA/USD daily chart suggested that positive market sentiment might drive the price toward $0.70. However, the short-term outlook indicated how bearish forces could prevent a break to $0.65. At press time, ADA changed hands at $0.59. But there was a clear resistance at $0.60. If ADA attempts to flip the zone again, and it gets rejected, the price might decline to $0.55. However, a successful close above $0.60 might help the price retest $0.68. Furthermore, Coin Edition confirmed that the 50 EMA (blue) had crossed above the 200 EMA (yellow). This position is termed a golden cross. In the long run, the position might help ADA’s price increase much higher as it is a testament to a bullish breakout pattern.  ADA/USD Daily Chart (Source: TradingView) ADA Aims to Hit $1.18 First If the optimism in the market prevails, ADA might add another 100% to its price within the next few months. If this is the case, the token value could hit $1.18. But if bearish sentiment dominates the market, ADAA’s price might stall or keep trading between $0.55 and $0.60. For the time being, the Moving Average Convergence (MACD) showed that the bullish momentum might pause. Looking at the ADA/USD 4-hour chart, the MACD had dropped to the negative region.  Furthermore, the 12 and 26 EMAs were trending downwards, hinting at a bearish trend. Should the momentum continue to move southward, then ADA might drop to $0.54 where the 0.236 Fibonacci level was positioned. ADA/USD 4-Hour Chart (Source: TradingView) Another look at the Fibonacci retracement indicator showed that an upside might extend ADA’s gains. If buying pressure returns, ADA’s price might increase by another 13%. This means that the token might reach $0.68 where the 4.236 Fib level was. The post Cardano Price Prediction: Will ADA Climb to $3 Again? appeared first on Coin Edition.

5 days ago
Crypto Daily™
Crypto Daily™
followers

As Bitcoin's market cap broke through the $1 trillion ceiling—an influential event that underscores the increasing significance of digital currencies—attention is also turning to other altcoins. These alternative cryptocurrencies reveal promising potential and are attracting significant interest, particularly from high-profile investors or 'whales'. In the midst of a bull market, these altcoins could provide substantial earnings, lending a fresh perspective on the broadening landscape of cryptocurrency investment opportunities. BlastUP Presale: the Rising Star Set to Continue the Blast Revolution Blast, the only Layer 2 blockchain with a native yield for ETH and stablecoins, has recently made a splash in the crypto world with its head-spinning launch, reaching a staggering $1 billion TVL in just one month. Following the brilliant debut, a new big project based on this blockchain is entering the scene: BlastUP. BlastUP is a groundbreaking launchpad poised to follow the Blast’s path to roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board. Currently, BlastUP is running its first presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.02, you may get a high ROI of 800% in the future, as the listing price is set at $0.1. >> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale << Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking. Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space. The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace. >> Join BlastUP Presale NOW to Unlock Early Benefits << NEAR Protocol's surge in users may boost price, market sentiment cautious The influx of over one million Telegram users to NEAR Protocol's self-custodial wallet demonstrates a surge in traction for the crypto project. Fuelled by this increase in daily usage, and the positive indicators from MACD and both 10-days and 100-days simple moving averages, NEAR’s price could eye the resistance level at $3.95 and potentially push further towards $5.08 in the short-term. However, all coins are subject to market sentiment and with the neutral wait-and-see signals from both RSI and Stochastic, a cautious viewpoint shouldn't be overlooked. The $3.32 current price aligns closely with the $3.16 moving average, and a reversal could encounter support near $2.07 and, on a larger scale, $1.32. As for any digital token, the long-term significance of such wallet integrations and advancements would be defined by a wider market trend. Cardano's Plutus V3 hardfork could boost ADA's long-term potential Cardano's upcoming hardfork Plutus V3 offers promising changes, potentially fortifying the long-term prospects of ADA. Provided the upgrade proceeds smoothly, ADA could break through the $0.72 resistance, with the $0.60 support possibly serving as a launchpad. The current buy advice from MACD and the Simple Moving Averages might bolster this bullish anticipation. Nevertheless, given the neutral RSI and Stochastic RSI Fast, investors should tread carefully to minimize risks. In a more transient view, signs point to a possible contraction before a leap. Post-upgrade turbulence and market pressures could push the price down towards the $0.42 or even $0.34 supports in the short-term. Yet, this could present an attractive buying opportunity, given the hardfork's potential transformational power and the Simple Moving Averages standing below the current price suggesting mid-term upward momentum. As always, a balanced perspective is key in cryptocurrency investments, blending optimism with a cautionary stance. Conclusion Altcoins like NEAR Protocol and Cardano's ADA demonstrate potential for growth, underscored by significant usage increases and promising upgrades. Nonetheless, the altcoin capturing the most interest is undoubtedly BlastUP. Part of the revolutionary Blast ecosystem and boasting an AI-focused vision, the novel launchpad is a potent force in the crypto space. With a strong rewards system and myriad benefits for investors, BlastUP's presale signals enticing opportunity, seemingly laying the foundation for stratospheric returns and solidifying its dominant standing among promising altcoins. Site: https://blastup.io/  Twitter: https://twitter.com/Blastup_io  Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

4 days ago
CRPTOHOLICS
CRPTOHOLICS
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HOW TO SNATCH THE SUDDEN PUMPS IN CRYPTO MARKET? Snatching big pumps in the crypto market involves a combination of research, timing, and risk management. Stay informed about market trends, news, and upcoming events. Here's a more detailed guide on snatching big pumps in the crypto market: 👉1. Research and Analysis: Stay informed about the overall market trends, news, and events. Use technical analysis tools to identify potential breakout patterns, support/resistance levels, and trend reversals. 👉2. Timing and Entry Points: Consider entering a trade when there is a clear breakout or a confirmed trend reversal. Pay attention to trading volume; increased volume during a price movement can indicate stronger market participation. 👉3. Risk Management: Set clear profit targets based on your analysis and risk tolerance. Implement stop-loss orders to limit potential losses in case the market moves against your position. Diversify your portfolio to spread risk across multiple assets. 👉4. Stay Updated: Continuously monitor the market for any sudden changes, news, or developments that could impact your chosen cryptocurrency. Use tools like price alerts or trading bots to stay informed in real-time. 👉5. Discipline and Emotion Control: Stick to your trading plan and avoid making impulsive decisions based on emotions. Be prepared to take profits when your target is reached, even if the market seems to have more potential. 👉6. Use Technical Indicators: Incorporate technical indicators like Moving Averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and others to confirm potential entry or exit points. 👉7. Learn from Past Performance: Analyze historical price movements and patterns of the cryptocurrency you are interested in. This can provide insights into potential future behavior. Remember, while snatching pumps can be profitable, it comes with risks. Never invest more than you can afford to lose #Write2Earn #BTC #Write2Earn

5 days ago
TopCryptoNews
TopCryptoNews
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1 Chainlink price prediction suggests extreme bullishness is likely.2 Chainlink is trading above the key moving averages, showcasing bullishness on the daily technical chart.3 This week, LINK price surged by almost 10.44%. LINK surged to new highs with the indicators reflecting the bullish sentiments. The price has seen a remarkable increase of about 10.44% this week and the technicals are also showing a strong buy signal. According to the technical summary on TradingView, out of 26 indicators, 3 are on the sell side, 9 are on the neutral side and 14 are on the buy side. The technicals are showing bullishness. Chainlink is currently trading at the level of $20.213 with an intraday gain of almost 1.68% with a 24-hour trading volume of 612.04 Million. The current market capitalization of the crypto is 11.85 Billion and has a total circulating supply of 587.10 Million. The performance of the LINK is impressive as the crypto recorded phenomenal returns of 202.07% year-on-year. Since January 1st 2024, LINK has given 35.13% returns. It rose by almost 225.55% in the last 6 months while in the past 3 months, it grew by almost 34.15%. Tthis week, the price has shown an upward rally of about 10.44%, reflecting bullishness on the daily technical chart. Technical Analysis of Chainlink Crypto Price in 1-D Timeframe Chainlink (USD: LINK) crypto price rose steadily through the year. At the time of writing, LINK crypto is trading in the bullish zone and has been trying to hold on to this level after a pullback. At the time of publishing, Chainlink crypto (USD: LINK) is trading below the 50 and 200-Day SMAs (Simple moving averages), which are supporting the price trend. The current value of RSI is 68.18 points. The 14 SMA is above the median line at 67.60 points, indicating that the Chainlink crypto is bullish. The MACD line at 1.310 and the signal line at 1.086 are far away the zero line. A bullish crossover is observed in the MACD indicator which signals more bullishness for LINK. Technical Levels Support Levels: The Chainlink crypto price may find support at $17.344 and $16.521, where it could bounce back or stabilize. Resistance levels: The LINK crypto price may face resistance at $25.00 and $30.00, where it could reverse or consolidate. $LINK #Chainlink #LINK #Write2Earn

7 days ago
Crypto Daily™
Crypto Daily™
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In the midst of Bitcoin's market cap reaching an unprecedented $1 trillion, attention is increasingly turning towards altcoins to identify potential standout performers. With this paradigm shift in monetary systems, certain emerging digital currencies demonstrate unique advancements and potential for significant growth. This article reveals three such altcoins that warrant keen observation in this rapidly evolving landscape. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a pioneering launchpad on the Blast blockchain, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP stands at the forefront of financial technology, championing the motto “Grow faster, earn more.” With meticulous project screening, BlastUP ensures that only high caliber projects reach its ecosystem. Additionally, the platform offers passive income opportunities through staking and farming, underlining its dedication to fostering a vibrant, productive, and rewarding environment. The first stage of BlastUP tokens presale is running, and with each new stage, their value will increase. The current price is locked at $0.02, while the price at the DEX listing is going to be $0.1. That will make a whopping 800% ROI, so now is the perfect time to buy BlastUP tokens at the best price with a 80% discount. >> Snatch Up BlastUP Tokens Now for Maximum Returns! << As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups, and revolutionizing the way we think about blockchain technology and decentralized finance. With its unique blend of technology, community and innovation, BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem. BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities. The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits, underpinning the platform's innovative financial model. >> Seize the Chance to Grow Faster and Earn More with BlastUP! << ApeCoin DAO's Decision to Develop on Arbitrum May Boost ARB's Value ApeCoin DAO's decision to develop its own ApeChain network on Arbitrum may provide the thrust ARB needs to break past its current resistance levels. With the current price near $2, there is room for upside movement towards $2.28 and possibly even $2.80 in the long term if the network garners significant adoption. The support from simple moving averages and MACD signal positive momentum, potentially indicating a bullish trend. On the flip side, the development is only an intention at this stage and might not materialize into quantifiable results any time soon. Short term, the Stochastic indicator signals a sell, which could drive the price towards its support levels at $1.37 and even $0.98, should market sentiment change quickly. In essence, while the news offers future prospects, it's important for investors to monitor the progress closely to mitigate risk. Potential Upward Movement for Mantle Amid Buying Signals, Vigilance Urged Following a significant development within Mantle’s ecosystem, an air of anticipation has grown. In the short term, the agitation could push MNT price, currently near $0.75, to challenge the resistance level at $0.94, especially as the MACD suggests a buy while both Simple Moving Averages also recommend buying. Nonetheless, caution is urged as the RSI recommending selling might imply an overbought condition that could lead to a price correction. On a long-term scale, the trajectory seems optimistic, fueled by the combo of fundamental news and technical indicators. However, robust growth doesn't exempt MNT from tangible risks. The coin may retest the support level of $0.40, especially if market sentiment turns negative. Although Stochastic RSI is neutral, long-term investors should stay vigilant for potential shifts in the market and adjust their strategies accordingly. Conclusion As altcoins take center stage in the realm of digital currencies, the spotlight shines bright on BlastUP. The platform’s commitment to boosting the potential of blockchain technology and its deliberate financial model have set the stage for remarkable growth. While ApeCoin DAO's development on Arbitrum and ostensibly positive prospects for Mantle heighten interest, BlastUP’s appeal hinges on its distinctive concept and its place within the robust Blast ecosystem, symbolizing the highest potential among these digital currencies. Site: https://blastup.io/  Twitter: https://twitter.com/Blastup_io  Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

5 days ago
CRYPTO DOMINIUM
CRYPTO DOMINIUM
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Bitcoin Bullish Momentum on Valentine's Day: Technical Insights Bitcoin (BTC) celebrates Valentine's Day with a robust bullish trend, hitting a 24-hour high of $51,814. The cryptocurrency's 3% daily surge and a remarkable 21% increase over the past month indicate solid market confidence. Highlights: Market Milestone: Bitcoin's market cap crosses $1 trillion, signaling strong investor confidence and potential upward momentum. Technical Signals: Mixed signals with neutral RSI and CCI, but strong buying pressure indicated by MACD and momentum. Stochastic signals caution, suggesting short-term potential overextension. Moving Averages Alignment: Bullish sentiment across various time frames, reinforcing sustained upward momentum. Consolidation Phase: 1-hour chart shows a healthy correction and potential accumulation zone, offering strategic entry points for traders. Volume-Backed Momentum: 4-hour chart supports bullish momentum with substantial volume, indicating strong buyer interest. Long-Term Uptrend: Daily chart highlights persistent buying pressure, recommending entry points on pullbacks with protective measures. Verdicts: Bullish Perspective: Strong indicators and sentiment support bitcoin's uptrend. Investors advised to capitalize on short-term corrections. Caution for Bears: Stochastic signals potential overextension, urging vigilance and protective measures. Conclusion: Bitcoin's bullish trajectory remains strong, inviting strategic entries for investors while emphasizing caution and risk management in the face of potential short-term fluctuations. #BTC #Write2Earn $BTC $ETH

7 days ago
Coinpedia
Coinpedia
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The post BIGGEST Altcoin Opportunity 2024!? Check These Cryptos Out appeared first on Coinpedia Fintech News As Bitcoin hit an important milestone by exceeding the $52K mark, optimism is expanding within the crypto sphere. This highlights the relevance of alternative digital currencies, particularly in view of potential investment opportunities they could bring about. Thriving on such a sentiment, we turn our attention to some intriguing altcoins that might offer significant investment opportunities in 2024. The focus is not just on their potential growth but also the innovative solutions they bring to the blockchain ecosystem. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is a pioneering launchpad on the Blast blockchain, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP stands at the forefront of financial technology, championing the motto “Grow faster, earn more.” The essence of BlastUP’s ecosystem is encapsulated in its support for projects and participants alike. With meticulous project screening, launchpad acceleration, and a dynamic Community Incentives Program, BlastUP ensures that only the highest caliber projects reach its ecosystem. Additionally, the platform promotes fair distribution and passive income opportunities through staking and farming, underlining its dedication to fostering a vibrant, productive, and rewarding environment. The project is currently running the first presale of its BlastUP tokens, and with each new stage, their value will increase. The current price is locked at $0.02, while the price at the DEX listing is going to be $0.1. That will make a whopping 800% ROI, so now is the perfect time to buy BlastUP tokens at the best price with a 80% discount. >> Snatch Up BlastUP Tokens Now for Maximum Returns! << As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups, and revolutionizing the way we think about blockchain technology and decentralized finance. With its unique blend of technology, community and innovation, BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem. BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities. The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits, underpinning the platform’s innovative financial model. >> Seize the Chance to Grow Faster and Earn More with BlastUP! << Arbitrum’s Long-Term Outlook Strengthens while Short-Term View Faces Volatility Risks The healthy long-term outlook for Arbitrum (ARB) is buoyed by a Simple Moving Average 100-day value at $1.50, well below the current price around $2.10. In the event of an influx driven by network developments similar to those of Solana, prices could potentially overcome resistance levels at $2.28 and venture to the next threshold, $2.80. Costs may float around there, considering the Buy recommendation from the MACD indicator at 0.073 and the neutral standing of RSI at 64.49. On the other hand, a short-term scenario might tell another story. Despite its current uptrend with a 10-day Simple Moving Average of $1.98, Arbitrum could experience a minor backlash if the digital assets landscape is shaken by another abrupt outage as happened with Solana. This might lead the price to retest support at $1.37 or, in worst cases, $0.98, a low point not maintained for long periods. Therefore, a balanced view mitigates risks while leaving room for opportunities to occur. Optimism Crypto Predicted to Surge Amid Rising Adoption and Stable Environment Observing the buoyancy in Optimism (OP), we might expect it to surge towards the resistance level of $3.91 and further to $4.92, given the current supportive market sentiment. The cryptocurrency world buzzes with optimism, with increasing adoption rates maintaining upward price pressure. RSI is neutral, hinting at neither overbought nor oversold conditions, indicating a relatively stable environment for continued growth. Conversely, while the 10 and 100-day moving averages support a buy recommendation, caution should be exercised. The present price of $3.85 may see a correction, potentially retreating to the support levels at $2.25 and even $1.60. The cryptocurrency market’s volatility is always a factor to consider, and any negative shift in market sentiment or unforeseen market developments could trigger a downward trend. Sui Poised for Uptick Amid Academy Initiative: An Investing Analysis Riding on the wings of the new Academy initiative, Sui could be poised for a significant uptick, presenting a long-term opportunity for investors. With an efficient blockchain integration and potential for mainstream adoption, prices could surge, possibly hitting the resistance level of $2.26. However, the current neutral RSI value of 70.08 and SMA 10-day recommendation to buy at $1.71 might slow down the sudden ascent. On the flip side, it’s crucial to bear in mind short-term volatilities that could pull Sui back to support levels as low as $0.32. The notion is not entirely dismal though, as the 100-day SMA buy recommendation sits at a healthy $0.95. With the existing price at $1.88, potential short-term risks loom, but sustained growth could buffer against any drastic fallbacks, keeping a balanced view on Sui’s price trajectory. SEI: Potential Appreciation Expected; Bulls Eye Resistance above $1 Numerous indicators suggest that SEI might appreciate in the short to medium term. The current price is near $0.9, having risen above the 10-day simple moving average of $0.72 and even further from the 100-day simple moving average of $0.46, hinting at a potential bullish trend. With the RSI value at 72.86, it’s leaning towards overbought territory but still maintains a neutral position. If this upward momentum can be maintained, we might see SEI challenging its next resistance level at $1.96. However, caution is advised as potential downside risks shouldn’t be discounted. If the SEI fails to hold its current level and falls back, it may seek support at $0.45 and even $0.25. While the simple moving averages recommend buying, it’s important to be aware of the possibility of the price reverting back towards these averages. It’s worth noting that the RSI, while not signalling a sell yet, is reaching higher levels and could eventually indicate an overbought condition, heralding a potential pullback. Conclusion Despite presenting intriguing potential, alternative digital currencies like Arbitrum, Optimism, Sui and Sei are somewhat eclipsed by the promising long-term prospects of BlastUP. Heralding from the dynamic Blast ecosystem, BlastUP encapsulates the very best of blockchain innovation coupled with lucrative financial opportunities, underlining its strong potential for growth in 2024. Its investment appeal is clearly amplified by its unique concept, healthy presale progress and actionable commitment to supporting early-stage startups and advancing Decentralized Finance.

6 days ago
Crypto Daily™
Crypto Daily™
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As Bitcoin breaches the $52K threshold, a surge of optimism ripples through the crypto market. However, the real headline turners could be the stealthy 'crypto whales', placing significant bets on altcoins during this bull market. It's an event that reshapes the crypto hierarchies, illustrating the growing relevance of diversification within the digital asset landscape. These unfolding dynamics underscore our investigation into the targeted altcoins. BlastUP Emerges as a Game Changer in the DApp Launch Landscape The crypto space would be a tad better if there were a launchpad with a complete suite of innovative Web3 and AI tools, cultivating a sprawling ecosystem where every participant can get generous benefits. Excitingly, such a launchpad has recently emerged! BlastUP is a unique project based on Blast, a legendary Layer 2 blockchain that dominated the headlines with its dizzying start, securing over $1 billion TVL in just one month. The impact of BlastUP is going to be huge, as its smooth solutions for launching DApps are going to be a hit for startups. The project is currently running a presale of its BlastUP tokens, and investing in them at this point could be like buying Ethereum for a few bucks back in 2017. With each new presale stage, BlastUP tokens will increase in value. The price at the first stage is set at $0.02, while the price at the listing is going to be $0.1. The ROI of 800% sounds really great, so now is the perfect time to buy BlastUP tokens at the best price with a 80% discount. >> Catch a True Game Changer: Buy BlastUP Tokens with a 80% Discount Now << Holders of BlastUP tokens get access to many perks from priority token sale to exclusive loyalty rewards in IDOs. Holders can also earn interest by staking BlastUP tokens and benefit from the seed staking feature, which provides free tokens from supported projects. BlastUP is not just another crypto project, it has a strong foundation to win the loyalty of a broad audience. By providing a comprehensive suite of tools and services, this launchpad aims to lower the barriers to entry for blockchain startups, ensuring they have everything they need to succeed from the outset. BlastUP’s detailed roadmap runs up to 2026 with plans to introduce an AI IDO screener, AI Startup Team Tools, and the Community Marketplace. BlastUP is gearing up to become the next big thing in the crypto space, so you’d better hurry up and jump on the bandwagon before it is too late. >> Ready to Blast Off? Buy BlastUP Tokens Now and Catapult Your Investments << Increasing Confidence in Blockchain Networks May Boost Arbitrum's Market Performance Heightening confidence in blockchain networks like Solana is proving to be a boon to the overall crypto market sentiment. This could be favorable for Arbitrum (ARB), which may see its price now standing near $2 to trend upwards in alignment with its optimistic simple 100-day moving average of $1.50. The resilience present in resistance levels at $2.28 and $2.80 provides further validation, but the current RSI value of 64.62 and stochastic figure of 85.23 advocate a more guarded stance. Notwithstanding near-term market fluctuations, the potentiality of long-term growth for Arbitrum exists. The MACD marker of 0.07 suggests a buy action, potentially hinting at an upward surge. However, given the volatile nature of the crypto market, one must account for support levels at $0.98 and $1.37 which suggest a possible downside. Therefore, navigating this landscape with balanced optimism and risk aversion is key. Aptos (APT) Eyes Resistance Level of $10.79, Shows Potential for Upward Trajectory Aptos(APT), with a current price near $10.00, has steadily been eyeing its immediate resistance level of $10.79. Following recent updates, there might be potential for an upward trajectory. Its 10-day and 100-day simple moving averages recommend a positive action to buy, further reinforcing optimistic prospects. If momentum is maintained, breaking the more substantial resistance of $12.76 could be foreseeable in the long-term. Despite the positive outlook, it's essential to consider alternative scenarios. Aptos might also experience pullbacks towards its support levels of $7.18 and $5.54, largely influenced by market dynamics and sentiment. While the RSI's recommended action is neutral with a value of 64.68, it's essential for investors to continue observing how factors play out in short and long-term market behavior for Aptos. Optimism (OP) shows promising short-term investment, cautious longer-term view Based on the recent market signals of Optimism (OP), it has been recording notable price increases, with its current value standing near $3.8. With a 10-day simple moving average at $3.55, it demonstrates potential short-term investment opportunity, particularly if it can break past resistance at $3.91 and target the higher $4.92 increment. The Relative Strength Index is neutral (RSI 66.16), indicating that market sentiment is balanced and neither overbought nor oversold. The combination of these data points suggests that the OP market is stable and bullish, suggesting promising returns if this trend persists. Despite its present run, Optimism should be eyed cautiously for a longer-term perspective. There are support levels at $2.25 and $1.60 respectively. However, these levels are significantly lower than the current price, indicating a potential for a significant price drop. Moreover, the 100-day Simple Moving Average stands at $2.74, which is below the current market price; implying if the momentum turns bearish, a potential pullback towards this value is possible.   Sei's Market Stability and Potential Growth Amid Rising Simple Moving Averages Clearly, Sei is holding stable ground with its current price near $0.8. By analyzing the resistance levels at $0.96 and $1.27 and the supportive base at $0.45 and $0.25, a forward move can be speculated, especially with an RSI of 72.07 showing a neutral position. The rising Simple Moving Averages (10-days at $0.72, 100-days at $0.46.5) also indicate an opportunity for potential price ascension. Nevertheless, the market is always a blend of uncertainties and Sei isn't an exception. While potential growth is promising with the current upswing, volatility may swing the door open for a minor setback that might test the low supports before a significant break. With the RSI at 72.07, we must remain cognizant of possible saturation levels, indicating a potential trend reversal. As such, balancing optimism with the realities of the market is essential. Conclusion In conclusion, BlastUP, another major gem from the Blast ecosystem, presents a fascinating blend of innovation and integration, representing a compelling opportunity for investors. Its association with the fast-growing Blast chain and its unwavering commitment to open, decentralized web technology, strengthened by its evolving ecosystem for DApp development, make it the standout prospect. While Arbitrum, Aptos, Optimism, and Sei also show significant promise, they hold comparatively moderate potential. The emphasis remains on BlastUP, potentially leading the transformation in the DApp launch arena. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

6 days ago
Crypto Daily™
Crypto Daily™
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In today's crypto market, Bitcoin played a coy game, hovering around $52,000 without making any significant moves. In contrast, Ethereum burst through barriers, hitting over $2,800 for the first time in two years. Amidst this flurry, other top altcoins were not left behind, with Ripple (XRP) making headlines for its own reasons.  XRP saw a notable bullish rally, escalating to the $0.57 level before a slight correction, a more than 3% increase in just a day. Its trading volume also leaped by 13% to an impressive $1.8 billion. This surge caught the eye of market analysts, including CryptoInsightUK, who noted a mix of positive and negative indicators in Ripple's (XRP) weekly close. He noted that, although XRP's reaction to a surge in Bitcoin past the $50K mark is still up in the air, signs suggest we're on the cusp of some pretty exciting market shifts. Meanwhile, the crypto community is casting its gaze towards a newer player, ScapesMania (MANIA). Although its presale stage has concluded, there's a palpable buzz surrounding its coming decentralized exchange (DEX) listing. The anticipation is not without reason; the transition from a presale stage to being listed on a DEX often marks a critical juncture for any crypto project. It's a phase where potential is put to the test, and for ScapesMania, this transition is watched closely by those keen on understanding how newer coins carve their niche in a market teeming with competition. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the $376 billion gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the award-winning team behind ScapesMania secured a prestigious grant from a prominent player in the blockchain industry. Furthermore, ScapesMania is notable for putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is where ScapesManias stands out. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. TGE ALERT – Keep Up With Latest News Ripple's (XRP) Mixed Signals: Promising Pattern but Low Volume Concerns Recently, CryptoInsightUK shared an optimistic observation, noting the confirmation of a weekly engulfing candle at a crucial support level for Ripple (XRP). This pattern, according to the analyst, mirrors a similar occurrence from October 2023, suggesting a potential repetition of past market behaviors. In addition, the resilience of XRP in the face of various FUD narratives is noteworthy. Despite the bearish sentiment that has hovered over it, Ripple (XRP) remarkably sustained its value, only dropping to a low of $0.4929 in the last month. This means that XRP, despite skepticism in the air, holds its ground well, showing resilience against market tremors. Another significant development that CryptoInsightUK pointed out is the activation of the clawback feature on the XRP Ledger (XRPL). As it saw the light of day, Ripple (XRP) received a big security boost, ensuring token safety in sketchy situations. The clawback feature enables token issuers to pull back funds in case of suspicious activity, cranking up the trust factor and making everything feel much safer. However, it's not all smooth sailing for XRP, as highlighted by the analyst. The recent engulfing candle, although confirmed, fails to fully impress due to its lack of significant volume support. Despite the pattern hinting at a rally, the low trading volume throws its influence into question, keeping traders on their toes. Moreover, CryptoInsightUK maintains a cautious stance amid the current market conditions, underlining the influence of Bitcoin's performance on the trajectory of Ripple (XRP). Ripple (XRP) Technical Analysis Currently, Ripple (XRP) is trading between its first support at $0.4453 and its first resistance at $0.6005. This positioning indicates a cautiously optimistic sentiment in the market. Source: TradingView The Exponential Moving Averages (EMA) show a convergence around the $0.54 to $0.56 range, with the 10-day EMA at $0.5375, the 50-day EMA at $0.5486, and the 200-day EMA at $0.56. This suggests a potential for upward momentum as the shorter-term averages are inching closer to the longer-term average. The Relative Strength Index (RSI) at 62.92 leans towards the higher end, indicating a growing bullish momentum, albeit with caution against potential overbought conditions. The Stochastic %K at 84.95 is high, suggesting that the market may be overbought, but this can also be interpreted as a strong buying interest if coupled with increased trading volume. The Average Directional Index (ADI) at 28.03, though not extremely strong, supports a possible trend formation. The MACD Level at 0.00055 is in the positive territory, adding to the bullish outlook. But the Commodity Channel Index (CCI) at 235.85, although currently indicating overbought conditions, could quickly reverse if selling pressure increases. Ripple (XRP) Price Prediction In a bullish scenario, XRP could capitalize on the current market sentiment and positive technical indicators. If Ripple (XRP) manages to break above $0.6005, it might pave the way towards testing higher resistances at $0.6982 and potentially $0.8534. Conversely, in a bearish scenario, a failure to maintain the momentum or a downturn in market sentiment could see XRP retreating towards $0.4453. A break below this level could lead to testing lower supports at $0.3879 and $0.2327. A negative shift in Bitcoins could lead to a cascading effect on Ripple (XRP). In this scenario, the clawback feature on XRPL, despite enhancing security, might not be sufficient to counter market-wide bearish trends. Final Words Ripple's (XRP) recent performance, characterized by resilience amid market fluctuations and notable developments like the activation of the clawback feature, paints a picture of an altcoin with both strengths and vulnerabilities. Charts and graphs can hint at where XRP might head, but its fate really hinges on the mood of the whole crypto market and how big shots like Bitcoin fare. So, if you're putting money into Ripple (XRP) or just super into the whole crypto scene, stay sharp and watch how the market's mood swings because that's what will steer XRP’s path in this wild ride of digital currencies. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

6 days ago

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