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BeInCrypto
BeInCrypto
Filecoin (FIL) Price Reaches One-Year High - Is $10 Next?
2 days ago
Bit-Insight-Hub
Bit-Insight-Hub
followers

Bitcoin 14% crash to 44k is starting (levels) Technical analysis Bitcoin has pumped significantly in the past few weeks, but nothing lasts forever, and markets always move in waves. I am expecting a 14% crash to 44k in the next few weeks. Why? We can see that the price is now below the ascending parallel channel, which is a sign of weakness. Also, as per my Elliott Wave analysis, we have finished the 5th wave of an impulse wave. What usually follows is an ABC correction or a WXYXZ complex correction. On the chart, you can see my levels, which you can use as support or resistance (profit target or entry point). These levels are very strong, and the market should react to them. Usually Bitcoin loves to bounce from 0.382 or 0.618 Fibonacci levels, and I think the bottom will be at 0.618 FIB. Let me know what you think about my analysis. Thank you, and I wish you successful trades. #Write2Earn #TrendingTopic #signals #Signal #SignalAlert $BTC $ETH

3 days ago
Crypto Fever
Crypto Fever
followers

🚨🚨 Bitcoin Analysis 🚨🚨 📍Bitcoin has pumped significantly in the past few weeks, but nothing lasts forever, and markets always move in waves. 📊I am expecting a 14% crash to 44k in the next few weeks. Why? We can see that the price is now below the ascending parallel channel, which is a sign of weakness. Also, as per my Elliott Wave analysis, we have finished the 5th wave of an impulse wave. What usually follows is an ABC correction or a WXYXZ complex correction. On the chart, you can see my levels, which you can use as support or resistance (profit target or entry point). These levels are very strong, and the market should react to them. 📍Usually Bitcoin loves to bounce from 0.382 or 0.618 Fibonacci levels, and I think the bottom will be at 0.618 FIB. 📊Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. #Write2Earn #TrendingTopic #BTC

3 days ago
TopCryptoNews
TopCryptoNews
followers

Terra Luna Classic (LUNC) community has announced working on a new development following the acceptance of a proposal that will require those planning to initiate a new proposal to make an initial deposit. The cryptocurrency network believes this move will eliminate the threat of spam proposals. Following the development, the Terra Classic price increased by 2% to $0.0001221. Recent Developments in LUNC In the last few months, the network has taken significant steps to improve the project, including the acceptance of significant proposals involving staking and a major token burning program. The move to restrict proposals has been welcomed by many analysts who believe that attention should be paid to properly formulated proposals. Terra Luna Classic’s price has gathered some liquidity around $0.000118, supported by the bullish support band strengthened by the 200-day Exponential Moving Average (EMA) amidst mid-week volatility. However, the popular altcoin LUNC climbed to higher levels, rising above the ascending trend line support. Yet, it fell short due to resistance at $0.0001236, a convergence point of the 20-day EMA and the 50-day EMA. Moreover, maintaining the cryptocurrency above the bullish support band could be crucial for LUNC as it allows the bulls to take control and move upwards. LUNC Price Movement As the LUNC price trend line breaks above and resistance rises to $0.00014, more investors may join the trend. During last year’s fourth-quarter rally, the Terra Classic price surged to $0.00028, highlighting the developments in the ecosystem at that time. The project’s outlook can be seen positively as developers and the community focus on increasing network efficiency with the goal of restoring LUNC and USTC to their former glory. Consequently, the Terra Luna Classic community is planning to launch a new proposal. Additionally, analyses indicate that the price must overcome certain resistance levels to maintain its upward trend. $LUNC #LUNC #Write2Earn

3 days ago
Learn_With_Fullo
Learn_With_Fullo
followers

Shiba Inu: Burn Rate Spikes 4200%, Will SHIB Delete a Zero Now? Shiba Inu (SHIB) has witnessed a significant spike in its burn rate. According to Shibburn, 86,015,940 (86 million) SHIB tokens were destroyed in the last 24 hours, pushing the burn rate by 4200.80%. One transaction, in particular, burned most of the tokens, sending over 85 million SHIB to the dead wallet. However, despite the spike in the burn rate, Shiba Inu’s (SHIB) price continues to struggle. The popular memecoin has faced a 2.5% correction in the daily charts and is down 3.6% in the weekly charts. Moreover, SHIB’s price has fallen by over 27% since February 2023. Nonetheless, the asset has rallied 4.2% in the 14-day charts and 4.8% over the previous month. SHIB has struggled to delete a zero it gained in December. The $0.00001 resistance level has proven to be a formidable price point. Will Shiba Inu (SHIB) delete a zero soon? According to CoinCodex, SHIB could delete a zero by Feb. 28, 2024, hitting a price of $0.00001025, a rise of about 8.4% from current levels. However, the platform does not anticipate SHIB’s price to hold, predicting it to fall below $0.000009 by Mar. 1, 2024. Changelly, on the other hand, anticipates Shiba Inu (SHIB) to delete a zero this week, reaching $0.00001006 by Feb. 24, 2024, a rise of about 6.3% from current levels. However, Changelly also predicts SHIB’s price to fall below $0.000009 on Mar. 1, 2024. The platform expects the popular dog-themed crypto to reach a maximum price of $0.0000159984 this year. However, we may see a Shiba Inu (SHIB) rally in the second quarter of this year, fuelled by Bitcoin’s (BTC) halving and the possibility of a spot Ethereum (ETH) ETF (Exchange Traded Fund). #SHIB2024 #dyor

3 days ago
黑姐
黑姐
followers

Shiba Inu: The destruction rate surges by 4200%, will SHIB delete a zero now? Shiba Inu (SHIB) has seen a significant increase in its destruction rate. According to data from Shibburn, 86,015,940 (86 million) SHIB tokens were burned in the past 24 hours, increasing the burning rate by 4200.80%. One transaction in particular destroyed most of the tokens, sending more than 85 million SHIB to a “death wallet.” However, despite the surge in burn rate, the price of Shiba Inu (SHIB) continues to struggle. The popular meme coin faced a 2.5% correction on the daily chart and fell 3.6% on the weekly chart. Furthermore, the price of SHIB has fallen by more than 27% since February 2023. Nonetheless, the asset is up 4.2% on the 14-day chart and 4.8% over the last month. SHIB has been working to remove a zero it obtained last December. The price resistance level at $0.00001 proved to be a difficult price point to overcome. Will Shiba Inu (SHIB) drop a zero in the near future? According to CoinCodex, SHIB is likely to drop a zero by February 28, 2024, reaching a price of $0.00001025, an increase of approximately 8.4% from current levels. However, the platform does not expect the price of SHIB to hold and is expected to fall below $0.000009 by March 1, 2024. On the other hand, Changelly expects Shiba Inu (SHIB) to delete a zero this week, reaching a price of $0.00001006 by February 24, 2024, which would represent a rise of approximately 6.3% from current levels. However, Changelly also predicts that SHIB’s price will fall below $0.000009 by March 1, 2024. The platform expects the popular dog-themed cryptocurrency to reach a peak price of $0.0000159984 this year. However, we may see a rise in Shiba Inu (SHIB) in the second quarter of this year, driven by the Bitcoin (BTC) halving and the possible emergence of a spot Ethereum (ETH) ETF (exchange-traded fund). #SHIB

3 days ago
Max Cryptobuddy
Max Cryptobuddy
followers

🚀 XRP fans, get ready for a potential price rally! 📈 Analysts predict XRP could hit $1.40 by April. Here's why: 🔹 EGRAG CRYPTO's chart shows 4 stages: wicking, ranging, consolidation & bullish 🔹 Dark Defender sees resistance levels of $0.66, $0.77, & $0.91 in 60 days 🔹 Doctor Profit calls XRP the "next shining bull" & invested in 500k Skeptical? 🤔 Remember when XRP was 17 cents & hit almost $2 in 2021. Share your thoughts below! 💬 #XRP #BullRun

3 days ago
宇宙区块观
宇宙区块观
followers

Bitcoin and altcoins undergo market adjustment: potential extreme targets for SOL in the future The past 24 hours have not been smooth for altcoins, and the exit from the spot Bitcoin ETF reminds us that we won’t see multi-billion dollar accumulations every day. The expected price correction arrived without delay, with Bitcoin falling below $52,000. At the time of preparing this article, it is still hovering around $51,000, below key areas. The altcoin also saw considerable losses based on its support levels. Solana The price of SOL coin has been increasing since falling to $79 in January. Bitcoin's decline has also affected it, with the price falling back to the $100 level over the past 24 hours and now finding buyers at $104. Whenever Bitcoin has seen a rally, the popular altcoin has been very strong, supported by hype within the network. The $100 level has long been a key area for price correction. As long as the price remains above this resistance area, we should see the upside potential continue. The RSI on the weekly chart shows that the bull market still holds the upper hand. SOL coin has been trading within a symmetrical triangle since its peak on December 25, 2023, a neutral pattern that warns of an imminent breakout. Investors who were waiting on the sidelines finally seized the opportunity. SOL seems like the right choice to buy at around $100, and I think buy and hold is a good option for those considering buying for the long term. SOL coin is currently at a good level for those considering long-term buying. The price of SOL coin indicates that it is consolidating for another round of gains. The most likely count shows that SOL is on the third of five rising waves with a target of $145. While the wave count to new highs looks promising, a downward breakout from the symmetrical triangle could pull SOL coin price back to $69. This will be a potential extreme target for SOL coin in the coming weeks. #solana For more analysis, pay attention to the universe, and share free daily spot passwords and bull market strategy layouts at the top of the list!

3 days ago
CoinQuest
CoinQuest
followers

XRP Price Analysis: Bulls Eyeing Key Resistance Levels 📈 XRP has shown a downward trend since mid-November 2023, but recent gains hint at a possible turnaround. Currently trading at $0.55335, a 4.1% increase over 24 hours, momentum seems positive as it approaches two crucial resistance points: 1. Fibonacci Resistance: At $0.55221, XRP faces the 0.618 Fibonacci level, pivotal for market sentiment shifts. 2. Descending Channel: The chart reveals a descending channel since early December 2023, with the price edging closer to its upper boundary. A breakout above this channel could signal a trend reversal. To confirm this breakout, XRP must surpass the $0.55 mark, aligning with the 0.618 Fibonacci level. Short-term momentum appears promising with EMAs suggesting a bullish trend. Despite these indicators, volume levels remain modest, and the Relative Strength Index (RSI) indicates room for further upward movement. Today's trading session is crucial. A sustained climb above $0.55 to $0.56, accompanied by increased volume, could solidify the breakout and initiate a new upward trend. Closing above key levels—0.618 Fib, descending channel, and the 200-day EMA—would signal a significant bullish comeback for XRP. 🚀 $XRP #Write2Earn #TrendingTopic #AmanSaiCommUNITY #xrpbullish

10 days ago
Crypto-leader
Crypto-leader
followers

$BTC $ETH Here's an alternative phrasing: 👉👉There's a sense of optimism surrounding Bitcoin's potential for a downward trend later today. It's anticipated to undergo a retracement initially, presenting an opportunity to buy at lower levels. Key resistance levels are observed around 52,000 and 52,500, while crucial support levels hover around 51,000 and 50,500. Ethereum, having reached a previous high of 3,030, also shows a similar optimistic outlook for a downward trajectory. It's speculated that it might dip to around 2,900 as the evening progresses. 👉👉Please remember, the investment landscape is inherently unpredictable and carries risks. It's advisable to exercise caution and diligence when considering market entry. #Write2Earn #TrendingTopic #ETH #BTC

4 days ago
CryptoNewsLand
CryptoNewsLand
followers

XRP’s price experienced an 8% retracement to $0.53 but showed resilience amidst selling pressure. Despite lagging behind rival coins like Avalanche and Ethereum in gains, XRP saw a 7.4% increase. The trading volume for XRP dropped by 73.2% from its peak on February 15 to 22, indicating a decline in trading activity. XRP experienced a notable setback, declining by 8% to a weekly low of $0.53 on February 22nd. However, amidst this downturn, traders displayed resilience, signaling an intent to hold out for a potential rebound. A week earlier, XRP had surged to a peak of $0.58 on February 15th, driven by favorable conditions within the layer-1 crypto sector. Despite slipping below $0.55 in subsequent days, investors refrained from instigating a significant sell-off. Source: TradingView This behavior mirrored trends in other layer-1 coins like Avalanche, Solana, and Ethereum, which all witnessed substantial gains. While XRP trailed its counterparts with a 7.4% uptick, it still reached a monthly high before its retracement. On-chain data analysis revealed a prevailing bullish sentiment among XRP holders, even amidst the price decline. Notably, trading volume plummeted by 73.2% between February 15th and 22nd, while the price only dipped by 8%, indicating underlying investor confidence and anticipation of a rebound. Factors such as the overall growth in the altcoin market cap, coupled with historic peaks in Bitcoin and Ethereum prices, further supported optimism for XRP’s recovery. However, challenges remain, with resistance seen around the previous peak of $0.58 and crucial support at the $0.50 mark. The coming days will determine whether XRP bulls can defend key levels and drive the price towards a potential breakout above $0.60 or if bears will exert pressure, leading to further declines. Read also: XRP’s Path to $1.87: Expert Analyst Predicts 269% Rally Despite Recent Setbacks How Top Analyst’s Long-Term Outlook Fuels XRP Enthusiasm: $0.8888 & $1.0507 Predictions XRP’s Potential Rebound: Top Analyst Sets Targets from $0.60442 to $1.88 XRP’s Cup & Handle Pattern: A Bullish Signaling for $1.05 & $1.88 Targets XRP’s Potential $3.39 Increase, Analyst Weighs In The post XRP Bulls Stand Firm as Price Dips: Will $0.50 Be Defended? appeared first on Crypto News Land.

3 days ago
CoinQuest
CoinQuest
followers

XRP Price Outlook: Bulls Face Resistance, Yet Potential Upside Looms Ahead🤯 The trajectory of XRP's price is currently under scrutiny, with indicators suggesting a challenging terrain for bullish sentiment, yet the possibility of a rebound remains palpable. Starting from the pivotal $0.580 barrier, XRP witnessed a downward trajectory, initiating a negative trend. While the price struggles to breach the $0.5650 and $0.580 thresholds, it manages to sustain levels above $0.535, further supported by the presence of the 100 SMA. Notably, a bullish trend line has formed on the 4-hour XRP/USD chart, indicating support around $0.5350. As long as the price remains above $0.535, the possibility of an upward movement persists. Despite a recent drop, XRP has managed to ascend from $0.520 in recent trading sessions, showing resilience above $0.535 and $0.550 barrier levels. However, the resistance posed by bears at the $0.580 mark has impeded significant upward movement. Presently, XRP hovers above $0.535 and the 100 SMA on the 4-hour chart, with a bullish trend line offering support around $0.5350. On the upside, resistance at $0.5550 looms large, with the 50% Fib retracement level indicating a potential rebound. A breakthrough above $0.5620 could propel the price towards $0.580, potentially marking a significant surge. Subsequent resistance levels stand at $0.600 and $0.620. However, a failure to breach the $0.5550 resistance could trigger another downturn, with initial support resting between $0.535 and the aforementioned trend line. A more substantial support level lies at $0.5220, and a breakdown below this threshold may accelerate the descent, potentially retesting the $0.480 support level. Analyzing the technical indicators, the 4-Hour MACD for XRP/USD indicates a negative trend, while the Four-hour RSI remains below 50, underscoring prevailing bearish momentum. Key Levels to Monitor: Support: $0.535, $0.522, $0.480 Resistance: $0.555, $0.565, $0.580 $XRP #XRP🚀 #Write2Earn #TrendingTopic

4 days ago
CryptoVIPGems
CryptoVIPGems
followers

Bitcoin Bull Run: Charting a Course Beyond $50K 🚀 Let’s chat about #Bitcoin‬ journey this week. We're sailing at $51.7k, and I gotta say, the charts are looking up with the bulls firmly at the helm. We've seen four weeks of solid green, and there's a strong hope among us traders that even this week's little red blip will turn green by the weekend. We're eyeing that $52.5k mark on #BTC like a hawk. It's the big wall we're trying to scale, and if we can pull ourselves over that, we're pretty much in open waters, with $55k-$56k as our next ports of call. What's super exciting is that we're trading these levels above $50k on $BTC , which honestly, feels like greeting an old friend we haven't seen since the December of 2021. It's been over two years, and hitting these numbers again? It's a good feeling, like the market's giving us a nod saying we're on the right track. But hey, let's not get ahead of ourselves. We've still got that resistance to beat, and in the world of #BTC /USDT a week can be a game-changer. So, as we navigate these crypto seas, let's stay sharp, keep our strategies tight, and watch how the tides turn. Here's to smart trades and catching the next big wave! #BTC /Update: #Write2Earn

3 days ago
AirdropBunny
AirdropBunny
followers

Bitcoin Price Holds Ground But Risk of Pullback Keeps Rising Bitcoin failed to surpass $53,000 resistance, dropping below $52,000. It may dip further to $50,500 support. Immediate resistance is around $51,550, with potential to rise above $52,500. Failure to exceed $52,000 could lead to a decline towards $50,500, possibly dropping to $49,200 if support is breached. Technical indicators show bearish momentum, with support levels at $51,100 and $50,500, and resistance at $51,550, $51,800, and $52,500. #TrendingTopic #Write2Earn $ $BTC

4 days ago
Damian Nappo U1N7
Damian Nappo U1N7
followers

 Damian nappo 2:14 PM・Feb 23, 2024 Bullish Follow $SPELL Latest update🟤 🟡Abracadabra (SPELL) Price Analysis: 🔵Current Price: $0.00063 Market Cap: $63.15 million Recent Performance: 🏟strongly bullis 🟢Price Predictions:🟤 Several prediction websites offer varying forecasts for SPELL, ranging from $0.0005 to $0.001 by the end of 2024. These predictions should be taken with a grain of salt, as the cryptocurrency market is highly unpredictable. 🚨Down 5.22% in the last 24 hours 🚨Up 0.79% in the last 7 days 🚨Down 26.50% in the last year Down 92.93% from its all-time high of $0.0088 🛑Technical Analysis: The 14-day RSI is at 64.03, indicating potential overbought territory. The 50-day and 200-day SMA are both around $0.0005, suggesting possible resistance levels. Short-term technical indicators are mixed, with some suggesting a pullback and others hinting at continued upward movement. 🛑Fundamental Analysis: Abracadabra is a unique DeFi protocol with innovative features like leveraged yield farming and flexible collateral options. The MIM stablecoin has proven relatively stable despite market volatility. The recent security breach might have dampened investor confidence. The overall DeFi market sentiment is still recovering from the 2022 crash. 🟢Overall: SPELL has experienced significant volatility in recent months. While the project has promising fundamentals, short-term price movements are uncertain. Careful research and consideration of your risk tolerance is crucial before investing in SPELL. $SOL $SOL

3 days ago
CryptoPotato
CryptoPotato
followers

TL;DR Analysts are optimistic about XRP’s valuation, predicting significant increases in the near future. Certain regulatory developments, among other factors, could propel a significant price rally. Ripple’s Odds of Hitting $1 Despite increasing significantly during the first half of February, the price of Ripple’s XRP has recently pushed the brakes, currently trading below the $0.55 mark. However, the ongoing trends have not stopped multiple analysts from outlining optimistic predictions. The X (Twitter) user EGRAG CRYPTO presented a chart today (February 22), according to which XRP might soon pass through four stages (wicking, ranging, consolidation, and bullish) and reach $1.40 in April. The analyst also envisioned a spike above $0.60 before the end of the month. Dark Defender was bullish, too, suggesting that XRP could surpass the resistance levels of $0.66, $0.77, and $0.91 in the next 60 days. The price projection faced criticism from some X users who claimed that such predictions hardly “ever come to bear fruit.” Dark Defender responded that doubt has been part of the industry for years, reminding about previous successful bets: “When XRP was 17 cents, and we were calling the $2+ in 2021, people felt that XRP would never appreciate. XRP hit almost $2 at that time. We called it the most significant wave B in crypto. XRP is expected to hit $5.85 as the average point, and people will say the same at that time.” The popular trader, using the X handle Doctor Profit, also chipped in, calling Ripple’s token the “next shining bull” and admitting that he had entered its ecosystem with a major investment. Next shining bull is $XRP Bought 500k recently See you in 30-60 days! — Doctor Profit (@DrProfitCrypto) February 20, 2024 Some of the Previous Forecasts Earlier this week, EGRAG CRYPTO and Dark Defender made even more bullish predictions. The former maintained that XRP’s next support levels are $0.75, $1, $1.50, and $1.96, expecting the last to be reached by the end of the year.  Dark Defender assumed that the asset’s price could ascend to $2 by mid-2024 and continue rising to an all-time high of $6 in the following months. Those curious to explore some essential factors that hint about an XRP bull run in the near future could take a look at our dedicated video below: The post Here’s When Ripple (XRP) Will Hit $1.40 According to Popular Analyst appeared first on CryptoPotato.

3 days ago
Cryptopolitan
Cryptopolitan
followers

The recent downturn in Shiba Inu (SHIB) has sparked concern among investors, indicating a potential bearish trend in the coming weeks. The market is experiencing a surge in selling pressure, attributed to various factors, including high whale activity.  This volatility underscores a fragile market sentiment with local resistances impeding upward price movement. Immediate support for SHIB is identified at the 50-day Exponential Moving Average (EMA), historically serving as a dynamic bounce-back point. However, a breach below this level could further test support zones marked by previous lows. Bitcoin’s correction and technical outlook Bitcoin (BTC) has retraced from its recent high, failing to sustain above $51,000 and experiencing a notable correction. This decline follows the inability to breach the $52,000 threshold, indicating a cooldown from the market’s overheated state.  The current correction aligns with typical market behaviors following strong rallies, with local support near the 50-day EMA. However, a dip below this level may lead to further declines towards the $47,000 to $48,000 support region, followed by potential support near $43,000 to $44,000. Continued selling pressure could trigger an accelerated sell-off towards the $39,000 to $38,270 zones. XRP’s technical indicators and bearish signals XRP’s chart displays the crossing of the 100-day and 200-day EMAs, a scenario some may label a “death cross,” although it deviates from the classic definition. This event, indicative of bearish sentiment, is observed as XRP hovers above crucial support levels.  Maintaining ground above these levels is crucial for XRP to invalidate bearish signals and potentially ascend toward previous resistance levels. However, breaching these support levels could lead to a slide towards the next significant support zone.

3 days ago
CRPTOHOLICS
CRPTOHOLICS
followers

🛑BTC LATEST UPDATE🛑 Recently, Bitcoin (BTC) experienced the predicted pump, reaching 53k as anticipated. However, in subsequent analysis, it was suggested that if BTC failed to break new resistance, it might retest 52,300. Indeed, after attempting to reach 54k and failing to break resistance, BTC retraced to 52,300 but struggled to maintain support, leading to a bearish momentum and a drop to 50,700. As of now, the market shows signs of uncertainty, with BTC moving sideways and lacking a clear direction. In the one-day timeframe, an accumulation zone is identified between 51,800 and 52,300. Key levels to watch include a strong support at 50,600 and a strong resistance at 52,300. It's recommended to monitor the market closely and consider buying near 51k and selling near 52,300 until a more defined trend emerges. Further updates will be provided if there are indications of potential price movements. stay tuned for latest updates #Write2Earn #TrendingTopic #BTC

4 days ago
CryptoPotato
CryptoPotato
followers

Ethereum is back above $3,000 after a brief pullback. In the following, we take a look at a few technical indicators that might provide some insights into why the ETH price is up today. Key Support levels: $2,900 Key Resistance levels: $3,340 1. Bulls Are in Control The ETH rally is in full swing, and its current target is found at $3,340, which is a key resistance. The price appears a bit overextended, but as long as bulls keep this momentum, the rally can continue. Chart by TradingView 2. Key Support Retested Successfully After the price broke above $2,900, ETH entered a brief pullback, which confirmed this level as a key support. This gave the green light to buyers to move this cryptocurrency higher still. Chart by TradingView 3. Daily RSI Overbought The daily RSI is at 77 points, placing it in the overbought area. This is a show of strength right now, but if a bearish divergence is confirmed later on (higher price, lower RSI), it would be best to remain careful. At the time of this post, the bias is bullish. Chart by TradingView The post Why is the Ethereum (ETH) Price Up Today? appeared first on CryptoPotato.

3 days ago

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