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Released on 10 Sep 2021
CryptoPotato
CryptoPotato
XRP Bears Look to Take Control Following a Failure to Break Above $0.55 (Ripple Price Analysis)
7 days ago
柚佑
柚佑
followers

Market rhythm The picture below shows a possible structure, that is, we are still in the main rising wave. The condition is that the small three in this major three wave should not retrace significantly. Of course, this is just a guess. If this structure is true (and the above) (Accelerate directly every time)) Then there is no chance to get in the car, or the best time to get in the car is still now. Damn it! ! ! #热门话题 #BTC #ETH

7 days ago
李聖庭win
李聖庭win
followers

Ethereum still only conducted a strong pressure test on the high point of 3030 last night, but the result was obviously no breakthrough. This also led to the emergence of a double top structure in four hours. According to the current daily trend, Bitcoin has already shown a sentiment of smashing the market. Changes, although Ether's daily market closed in the red, the decline is still not too strong. The key point now is to see whether the 4-hour MA30 can be effectively broken. The current price of the 4-hour MA30 is around 2930. If this ultra-short-term pushback sentiment still fails to cause damage to MA30, the subsequent currency price will continue to rise to the 3030-3050 area for ultra-short-term washouts. If the 4-hour MA30 can be effectively broken through, it means that Ether will start a large-level retracement repair adjustment. From the perspective of the 4-hour MA30 daily moving average, as long as it is effectively broken below, it means smashing the market and increasing the volume. In the past two days, short-term bulls seem to have no energy to continue to rise. Of course, I don’t know if it is Gouzhuang’s deceitful trick. Based on technology alone, It is said that this is already a manifestation of immeasurable gains for the bulls. At present, Ethereum is still in a strong upward stage, and there are also serious mistakes in technology. I still hope that everyone can refer to it rationally and make subsequent short-term market judgments mainly based on the 4-hour MA30 daily moving average. #BTC #ETH $BTC $ETH

6 days ago
阿根战记
阿根战记
followers

Now it depends on whether fil can break through and stand firm at 8.1U. After standing firm, it will completely get out of the large-level bottom space, and the upward channel will be completely opened! I have talked about the fundamentals of fil many times, and this time I will start with a technical analysis: after fil fell from the high point of 230U in April 2021, it adopted a triple bottom structure. This also shows how many die-hard fans there are of fil, and how difficult it is to wash the market. It bottomed out three times in December 2022, June 2023, and September 2023. It broke through the neckline at 5U for the first time in mid-November last year. After rising to 8.1u in January this year, it stepped back on the neckline again. line level, and then broke through the neckline level in early February. This breakthrough is an effective breakthrough. #内容挖矿 Unless there is another 3.12 before and after the halving (which is difficult), the only uncertain factor for fil to break through 8.1 and enter the upward channel is whether Bitcoin can stabilize and not fall sharply. Now may be the last chance to buy low-priced FIL. If it stands firm at 8.1 in the past few days and opens an upward channel, we may not see single-digit FIL in the future, because Bitcoin will be halved in April.

7 days ago
Crypto Daily™
Crypto Daily™
followers

In the recent crypto market development, Glassnode, a renowned on-chain analytics firm, brought attention to its "Altseason Indicator", a tool designed to discern if a so-called "altcoin season" is in full swing.  Altseason Indicator gauges investor sentiment towards risk, focusing on capital netflows among major asset classes like Bitcoin, Ethereum, and stablecoins, as well as the altcoin market cap's momentum relative to its 30-day Simple Moving Average (SMA). After a period of dormancy, the Altseason Indicator, which first signaled a risk-on mode last October, reignited interest by suggesting the return of the altcoin season. Amid this shifting landscape, Chainlink (LINK) and Litecoin (LTC), both renowned altcoins, showed remarkable resilience and growth. Despite a challenging week that saw them close in the red, these digital assets bounced back impressively. LTC saw a 7% increase, but it's LINK that stole the spotlight with a staggering 34% surge. This upward trajectory in a market that's just warming up to the idea of an altcoin season again adds a layer of intrigue and potential. Meanwhile, the crypto community is closely watching ScapesMania (MANIA), a project that has recently concluded its presale stage. With its Token Generation Event (TGE) and coming DEX listing on the horizon, MANIA is poised to expand its reach to a broader spectrum of crypto investors in the market that's seemingly ripe for altcoin advancements. 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 <<< Chainlink (LINK): Inside the Whale-Influenced Surge Chainlink (LINK), a prominent player in the blockchain oracle space, has been exhibiting intriguing market behavior recently. A key point of interest is the substantial 175% surge in large transaction volume, reaching an impressive total of $338.96 million. This spike is a clear indicator of heightened whale activity, as evidenced by the jump from 6.17 million LINK in large transactions on February 19 to a staggering 17.65 million LINK the following day. Adding to the intrigue, the last 24 hours have seen mysterious movements of millions of Chainlink (LINK) tokens by these large-scale investors. Whale Alert, a service tracking large crypto transactions, reported notable movements, including a transfer of 4,314,062 LINK worth $79,065,694 to an unknown wallet and 2,402,942 LINK, valued at $46,491,692, moving from BlockFi to another anonymous wallet. Chainlink (LINK) Technical Analysis From a technical perspective, Chainlink (LINK) is currently trading between its first support level at $17.97 and its first resistance level at $19.26. This positioning is critical as it hovers near the Exponential Moving Averages (EMA) of 10, 50, and 200 days, all converging around $18.6 to $18.72, suggesting a consolidation phase. Source: TradingView The Relative Strength Index (RSI) stands at 32.14, pointing towards a potential undervaluation and possibly a buying opportunity. However, the Stochastic %K at 0 and the Commodity Channel Index (CCI) at -166.05 both indicate a short-term bearish sentiment. The Average Directional Index (ADX) at a low 20.32, combined with a nearly neutral MACD Level at -0.018 and a Momentum of -0.05, suggests a lack of strong directional trend in the immediate term. Chainlink (LINK) Price Prediction Considering these technical indicators, the bullish scenario for LINK would entail a break above $19.26, potentially catalyzed by continued whale activity and positive market sentiment. This move could target the next resistance levels at $19.92 and potentially extend towards $21.21. On the flip side, the bearish scenario would involve Chainlink (LINK) breaking below $17.97, influenced by negative market reactions or reduced whale activity. Such a move could see LINK testing further supports at $17.34 and then possibly at the significant level of $16.05. Litecoin (LTC): A Path of Resilience Litecoin (LTC), a pioneering altcoin known as the “silver to Bitcoin’s gold”, maintained its presence in the crypto space since its inception in 2011. Despite its legacy and the introduction of innovative features like MimbleWimble in 2022, LTC's market response has been relatively subdued. Recent times have seen a lackluster performance in Litecoin's (LTC) price action, leading to frustration among its holders. Litecoin Foundation managing director Alan Austin acknowledged this santiment, but emphasized their commitment to sound money principles over artificial market manipulation tactics. Despite Austin's call for collective efforts to boost Litecoin's (LTC) adoption and value, on-chain metrics present a mixed bag. While the number of transactions and network hash rate have hit all-time highs, there's been a noticeable decline in transfer volume and active addresses. This situation is further complicated by the historical context of Litecoin's founder, Charlie Lee, selling all his LTC at the peak of 2017's market, a move that some believe still impacts Litecoin’s (LTC) market relevance. Litecoin (LTC) Technical Analysis Technically, LTC is navigating a narrow range between its first support level at $68.12 and first resistance level at $73.78. Source: TradingView The 10-day EMA at $68.95, 50-day EMA at $69.77, and 200-day EMA at $69.53 are closely clustered around its current price, suggesting a lack of strong directional momentum. The RSI at 45.5, Stochastic %K at 43.09, and the CCI at -28.37 reinforce this narrative of indecision in the market. However, the ADX at 30.22 indicates a developing trend strength, albeit not very pronounced. The MACD at -0.45 and a negative Momentum value of -0.67 add to the complexity, implying that market sentiment is not decidedly bullish or bearish, but rather waiting for a more definitive signal. Litecoin (LTC) Price Prediction In a bullish scenario, if Litecoin (LTC) adoption increases and the community reacts positively to its steadfast adherence to the foundational principles, LTC can break above $73.78. A more notable shift in market sentiment can potentially lead to an upward trend toward the next resistance levels at $76.14 and $81.5. On the flipside, a break below $68.12 could see Litecoin (LTC) testing further supports at $65.42 and $60.06, possibly due to the ongoing concerns about its market relevance and the broader impact of market trends. Closing Words Chainlink (LINK) and Litecoin (LTC) have recently showcased their resilience in the unpredictable crypto market. LINK, with its staggering 34% surge, and LTC, experiencing a steady 7% rise, are navigating through a complex market environment highlighted by the Altseason Indicator's recent activity. Both Chainlink (LINK) and Litecoin (LTC) are positioned between key technical levels, reflecting a blend of investor uncertainty and potential for significant moves. As these altcoins respond to market dynamics and underlying technical indicators, investors and traders alike are keenly observing for signs of directional momentum in a market ripe with both 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.

7 days ago
Crypto Daily™
Crypto Daily™
followers

Solana (SOL) recently saw significant activity from big-time investors who were strategically navigating the broader market downturn. On February 20, two Solana whales executed large-scale transactions, transferring a combined total of $115 million in SOL to the centralized exchanges BNB and Coinbase. The transactions, involving 712,000 and 372,999 SOL tokens, were quickly spotted by crypto whale-watching agencies. This move came as Solana (SOL) price experienced a dip, aligning with the wider crypto market's cooldown. Despite the market's challenging times, Solana's (SOL) trading volume soared beyond $3 billion, with its liquidity closely matched between buys and sells, showcasing the community's active engagement and resilience. The transfer of a substantial amount of SOL to Coinbase and BNB could suggest a readiness among some of the largest Solana (SOL) holders to cash out or diversify into other cryptocurrencies amidst fluctuating market conditions. 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 <<< Solana (SOL) Witnesses Major Whale Activity and TVL Milestone Amid Market Fluctuations Despite the market-wide cooldown, Solana's (SOL) significant whale transactions and a notable milestone in its Total Value Locked (TVL) showed its underlying strengths and potential shifts in investor sentiment towards. Solana (SOL) whales made a bold move by transferring a staggering $115 million worth of SOL to two of the largest centralized exchanges, BNB and Coinbase. The transactions involved massive amounts of SOL tokens, with one whale moving 712,000 SOL to Coinbase and another transferring 372,999 SOL to BNB, and affected Solana's (SOL) daily trading volume, which exceeded $3 billion as buys matched pending bids. Big-league investors acted amidst a dip in Solana's (SOL) price, which sparked speculation about their real intentions. The timing and scale of whale transactions suggest a strategic play with the goal of capitalizing on the current price range or reallocating investment portfolios. While the true motives are being speculated, the market is closely watching whale moves to understand potential implications on Solana's (SOL) price and liquidity. Despite a recent decline in Solana (SOL) price, which has seen a 7% decrease over the past three days, the network's fundamentals appear strong. On a positive note, Solana's (SOL) TVL reached a new milestone, hitting $2 billion for the first time in over a year. This marked a significant recovery from the lows post-FTX collapse, fueled by renewed confidence in Solana's (SOL) ecosystem. However, the TVL has slightly retracted to around $1.9 billion since then, raising questions about the sustainability of this growth. The recent whale activity and TVL milestone are critical factors that could influence Solana's (SOL) price trajectory. While the immediate market reaction was mixed, these developments could have longer-term implications that are quite positive. The influx of substantial funds into exchanges and the achievement of a significant TVL milestone highlighted both the liquidity in the market for Solana (SOL) and the growing utility and adoption of the Solana (SOL) ecosystem. So given the current market dynamics and Solana (SOL) fundamentals, it's plausible to anticipate some volatility in the short term as the market digests these developments. But the increased investor activity and interest in Solana (SOL) provides a foundation for price stabilization and potential growth. One needs to monitor market sentiment, whale activity and fundamental indicators like TVL and trading volume to navigate Solana's (SOL) evolving landscape. As of now, predicting the exact future price of Solana (SOL) is challenging due to the volatile nature of the cryptocurrency market. However, the recent whale transactions and the milestone in TVL are likely to play a pivotal role in shaping investor sentiment and market dynamics in the coming weeks. Should the positive trends in TVL and network activity continue, they could counterbalance the current price dip, potentially leading to a gradual recovery in Solana's (SOL) price. Conclusion Solana's (SOL) whale transactions and a notable milestone in TVL underscore the dynamic and speculative nature of the cryptocurrency market. The movement of approximately $115 million worth of SOL to major exchanges like BNB and Coinbase by whales during a market-wide cooldown not only highlights the strategic maneuvers of large-scale investors but also signals potential shifts in market sentiment. Despite the immediate market reaction leading to a slight dip in Solana's (SOL) price, the underlying strength indicated by the surge in daily trading volume and the achievement of a $2 billion TVL milestone for the first time in over a year suggests a growing investor confidence and interest in Solana's (SOL) capabilities and future prospects. So it's evident that Solana's (SOL) network keeps attracting both retail and institutional investors with its innovative blockchain solutions. 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.

7 days ago
CryptoNewsLand
CryptoNewsLand
followers

Renowned crypto market analyst reveals potential uptrend and investor optimism. VeChain’s break of structure signals a turnaround in market sentiment. Recent 41.56% surge supports VeChain’s bullish trend. Recent analysis by CryptoBusy suggests that VeChain (VET) is on the cusp of a bullish reversal, capturing the attention of investors. The technical chart, spanning from early 2021 to September 2025, reveals a notable shift in market dynamics, with VeChain transitioning from a downtrend to a potential uptrend. #VeChain $VET is at the start of an uptrend structure. LFG! pic.twitter.com/1tr6dS6o6y — CryptoBusy (@CryptoBusy) February 19, 2024 The analysis highlights a significant ‘Break of Structure’, where VeChain surpassed a crucial resistance level, indicating a possible reversal in market sentiment. The emergence of a new uptrend, characterized by higher lows, further strengthens the bullish case for VeChain. Key price levels, such as $0.04526, $0.03297, and $0.02519, play a crucial role in acting as potential support or resistance points in the future. VeChain’s current market data adds weight to the positive outlook. Despite a slight dip of -1.94% in the last 24 hours, the cryptocurrency experienced a notable surge of 41.56% over the past week, supporting the bullish trend suggested by the technical analysis. The combination of technical indicators and recent market performance paints an optimistic picture for VeChain. The break of structure and the formation of an uptrend signal a potential shift in investor sentiment, offering hope for those invested in VET. This transition in market trends indicates a more sustainable rise for VeChain, suggesting a steady climb rather than a temporary swing. Investors and market observers are advised to pay attention to unfolding patterns, including trend lines and distinct price markers, as they are key indicators shaping VeChain’s position in the cryptocurrency markets. These developments may signify the strength and potential longevity of VeChain’s upward momentum, warranting careful monitoring in the coming period. Read Also XRP: Analyst Forecasts Reversal Amid Optimistic Chart Signals What’s Driving VeChain’s Ambitious Climb Toward the $0.049 Challenge? VeChain Set to Soar: Predicted to Break Through $0.783 in 2024 Unlocking VeChain: Cryptocurrency Marvel Set to Surpass $12.12 – 2025 Awaits VeChain’s Rally Is Only Just the Beginning, Major News Expected The post VeChain Shows Signs of Bullish Reversal, Analysts Optimistic appeared first on Crypto News Land.

8 days ago
Crypto Daily™
Crypto Daily™
followers

Some red days have beset the altcoins over the previous week, but the price structure base appears to be holding. Is another $40 billion the amount of the next leg higher for alts? The trend is still up Fear continues to ebb and flow in the crypto markets as the price goes up and down. There is always some massive event that will crash the price down to unimaginable levels and then everyone will leave this space and forget about crypto. Or, as is happening, the price will continue to move up in inexorable fashion. Yes, there are sell factors that come along now and then, and of course there are the normal ups and downs of any market, but crypto runs in cycles, and the bull market cycle is still playing out before our eyes. Altcoins break out Source: Coingecko/Trading View The market cap of all cryptocurrencies, excluding $BTC and $ETH can be viewed on the Total 3 chart. The breakout has occurred, and the resistance at $523 billion looks to have now been flipped into support, meaning that the price might be ready to go higher. $580 billion, or a further $40 billion could be the next target. A cautionary note Source: Coingecko/Trading View A similar chart to Total 3 is OTHERS.D. This is the dominance of all the altcoins excluding the top 10 cryptocurrencies, so it is a purer barometer of how the altcoins are performing. It can be seen that the market cap here is within an upward channel. However, the price has now fallen out of the channel, and appears to have confirmed the downward break. Heavy resistance is also at this level. Source: Coingecko/Trading View Zooming further out on the weekly time frame it can be seen just how important this resistance is. Therefore there is certainly a cautionary warning here. If the price doesn’t break back above, further downside is possible.  This could be the measured move of the channel pattern, which would take the dominance back to 10% from the current 12%. Obviously that would be a negative move for altcoins, but it could also be looked at that this could then result in another run at that 12% dominance, and another opportunity to break it. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

7 days ago
Crypto Daily™
Crypto Daily™
followers

Recently, the cryptocurrency market exhibited signs of consolidation and robust security: Bitcoin surged past the $50,000 mark to stabilize around $52,000, which was an indicator of a strong start to this month. Nonetheless, despite retail traders gradually re-entering with caution, activity tied to spot Bitcoin ETFs remained high, with BlackRock potentially overtaking MicroStrategy and emerging as the BTC largest holder. This period of consolidation coincided with insights from the recent research paper that identified theoretical attacks on Bitcoin and Ethereum's proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms as 'economically unfeasible'. But while the document emphasized that the execution of such assaults had become impractical due to high costs and logistical complexities, the decentralized crypto exchange, Fixedfloat, fell victim to a hack in the broader ecosystem. The DEX consequently lost around $26 million worth of BTC and ETH, which stirred up security concerns within decentralized platforms. Meanwhile, four selected altcoins among other emerging gems from crypto are now attracting attention from investors keen on leveraging opportunities for growth and innovation within sector: they're looking not just buy low but also potentially high return investments – all amidst an evolving backdrop where one can never predict with certainty what might happen next! 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 <<< Ethereum (ETH): A Glimpse into Its Market Dynamics and Future Trajectory With the market cap exceeding $3 billion, Ethereum (ETH) successfully avoids the SEC's classification as an unregistered security. The anticipation around Ethereum ETFs, potentially approved later this year, also adds to the positive market sentiment. As of February 2024, Ethereum's price hovered around $3,000, reflecting a resilient recovery and positive market sentiment. Price predictions for Ethereum (ETH) vary widely, with some forecasts suggesting a potential surge to between $3,224 and $17,944 by 2025. This wide range indicates both the optimistic outlook of some investors and the inherent unpredictability of the Ethereum (ETH) market. Ethereum's (ETH) roadmap includes significant network upgrades like Deneb and Cancun, aimed at enhancing scalability and interoperability. The successful implementation of Deneb and Cancun could make Ethereum (ETH) a front-runner in the eyes of developers and users, enhancing its long-term price potential. However, regulatory uncertainties and competition from other blockchains are challenging Ethereum's (ETH) dominance. Arbitrum (ARB): Enhancing Ethereum's Ecosystem Arbitrum (ARB), a layer-2 ()L2 scaling solution for Ethereum (ETH), aims to improve transaction efficiency and reduce costs. Despite experiencing a market downturn in September 2023, Arbitrum (ARB) showed resilience with strategic partnerships and developments bolstering its ecosystem. The integration with The Graph and the anticipation of Arbitrum's (ARB) mainnet launch could affect the price recovery and future growth. Arbitrum's (ARB) value stood at approximately $1.8 in early January 2024, with predictions for 2024 ranging from $2.43 to $4.46. These Arbitrum (ARB) forecasts are cautiously optimistic as altcoin's future is contingent on the successful deployment of its mainnet and further adoption within the Ethereum ecosystem. So the future of Arbitrum (ARB) hinges on its ability to enhance Ethereum's scalability and user experience. With 560 million ARB tokens reserved for future airdrops, Arbitrum (ARB) is poised to incentivize participation and foster a vibrant ecosystem. However, the competitive landscape of L2 solutions and the broader market volatility pose potential threats to Arbitrum (ARB). Optimism (OP): Navigating Highs and Lows Optimism (OP) recently made headlines with its fourth airdrop, distributing $41 million in OP tokens to NFT artists. Despite a near 12% drop from its all-time high, Optimism (OP) initiatives to reward community engagement and foster growth reflected a strategic approach to building its ecosystem. Optimism (OP) price experienced a significant fluctuation, reaching a high of $4.1 before facing a downturn. The Optimism (OP) volatility is another example of how strategic developments can change investor sentiment in the speculative crypto market. Optimism's (OP) trajectory will likely be influenced by its ability to maintain momentum in its airdrop strategy and further integrate with the Ethereum ecosystem. While the potential for growth exists, especially with continued innovation and community engagement, market dynamics and competition from other scaling solutions pose challenges to Optimism's (OP) long-term position. Algorand (ALG): Pioneering Future Finance Algorand (ALG), designed as an "Ethereum Killer," offers a platform for developing decentralized finance (DeFi) applications with higher speeds and efficiency. Despite facing challenges, including a significant price drop after the SEC's allegations, Algorand (ALG) showed resilience as its involvement in the OpenWallet Foundation and the issuance of digital euro on its platform highlighted its potential for diverse applications. With price predictions for 2024 ranging from $0.25 to $0.53, Algorand (ALG) market outlook appears cautiously optimistic. Technological advancements and increased adoption can boost Algorand's (ALG) recovery process and growth potential. If Algorand (ALGO) overcomes regulatory hurdles and capitalizes on its tech innovations, its will probably succeed in the long run. Algorand's (ALGO) move towards a more decentralized architecture and the introduction of consensus incentivization are steps in the right direction. However, Algorand (ALG) needs the market conditions to turn favorable to attract more users and developers. Conclusion Currently, the cryptocurrency market steers through a phase of consolidation and heightened security. This phase is identifiable by Bitcoin's stabilization and Ethereum's resilience against theoretical attacks. The recent hack of the decentralized exchange Fixedfloat accentuates this environment. Investors aiming to capitalize on potential dips are significantly focusing their attention towards advancements in Ethereum's (ETH) L2 solutions like Arbitrum (ARB), Optimism (OP), and Algorand (ALG). The market's dynamic nature stands highlighted by both Ethereum ETFs' awaited launch and other projects' strategic steps to augment their ecosystems via fund generation and community engagement. A broader trend of innovation and growth in the sector manifests through Ethereum (ETH), Arbitrum (ARB), Optimism (OP), and Algorand's (ALG) developments, presenting an opportune landscape for institutional as well as retail investment. 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.

7 days ago
Crypto Daily™
Crypto Daily™
followers

Major crypto tokens are trading in the red in today's trade, primarily influenced by diminishing expectations of early interest rate cuts from the Federal Reserve. Investors eye the coming minutes from the US central bank's last meeting which, many believe, will provide critical insights into future policy directions. Amidst this cautious backdrop, Bitcoin recently experienced a rollercoaster ride, surging to a new yearly high of $53,000, only to retrace back to $50,750. This fluctuation was attributed to a combination of peaking open interest and unfavorable funding rates for bullish positions. Although it rebounded to $51,000, it's Ethereum's resilience that caught the market's eye, with its price surpassing the $3,000 mark and holding steady, fueled by the anticipation of a spot ETF approval in the US and progress in its network upgrade. In this complex tapestry of market movements, DeFi blockchains Sei (SEI) and Sui (SUI) have not been immune to the market's vicissitudes, with both tokens experiencing a plunge of over 5% in today's trading session. However, in the midst of these broader market fluctuations, there's a growing buzz around ScapesMania (MANIA), a project that has recently concluded its presale stage. As the crypto community eagerly awaits its impending Token Generation Event (TGE) and anticipated DEX listing, there's a palpable sense of expectation that MANIA might open new avenues for a wider array of crypto investors. 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 <<< Sei (SEI) Price Analysis In a striking 24-hour period, Sei's (SEI) value witnessed a notable decline, dropping from $0.96 on February 20 to $0.87 amid the trend index's increased volatility and a downturn in trading volumes. The community is now closely monitoring the coming Sei v2 upgrade, slated for release in Q1 2024, which promises to enhance the Sei's (SEI) capabilities by allowing developers to integrate Ethereum protocols. So the anticipated upgrade is a focal point of interest and can determine SEI's future trajectory. Sei (SEI) Technical Outlook Currently, Sei (SEI) is trading between its first support level at $0.7347 and its first resistance level at $1.1132. Source: TradingView The Exponential Moving Averages (EMA) paint a moderately positive picture, with the 10-day EMA at $0.907 and the 50-day EMA at $0.8837 hovering just above the 200-day EMA at $0.7466. However, the Relative Strength Index (RSI) at 40.95, Stochastic %K at 20.03, and the Commodity Channel Index (CCI) at -164.59 signal a bearish sentiment, indicating potential overselling. The Average Directional Index (ADX) at 23.43 suggests a lack of strong trend, while the negative MACD level and declining Momentum reinforce a cautious outlook. Sei (SEI) Price Prediction Looking at possible scenarios, a bullish perspective might hinge on the SEI breaking above $1.1132. If this happens, it could signal a shift in investor sentiment and a potential run towards the $1.2645 resistance, or even the $1.643 barrier in a more optimistic case. On the flip side, the bearish scenario, as predicted by some analysts, could see Sei (SEI) breaking below $0.7347, possibly due to ongoing market pressures and the current negative sentiment. If this bearish trend persists, SEI might find itself testing lower supports at $0.5057 and potentially the critical $0.129 level. Sui (SUI) Price Analysis With an impressive 62% spike, Sui (SUI) outpaced established competitors like Cardano, NEAR Protocol and Aptos in terms of total value locked (TVL), now exceeding $584 million across various protocols. This remarkable growth was partly attributed to a substantial $310 million bridge from Ethereum to Sui (SUI) in the last 30 days, as reported by wormholescan.io, representing more than a doubling of its position since the start of the year, when the TVL was approximately $211 million. Despite initial challenges, including a 68% decline in SUI and accusations of token supply manipulation, Sui (SUI) made a significant comeback after adopting inscriptions, a method for recording data on the blockchain that gained prominence during Bitcoin's NFT era, leading to a surge in blockchain activity. Sui (SUI) Technical Outlook Technically, SUI is trading between its first support level at $1.6683 and its first resistance level at $1.9523. Source: TradingView The 10-day EMA at $1.6991 and 50-day EMA at $1.7484 are currently above the 200-day EMA at $1.5414, suggesting a potential bullish trend in the shorter term. However, the RSI at 35.38 indicates that Sui (SUI) might be approaching oversold territory. The Stochastic %K is at a low 24.1 and the CCI at -145.31 also point to potential overselling. The ADX at 23.33 suggests a lack of strong trend, while the negative MACD and Momentum could be indicative of a bearish momentum building up. Sui (SUI) Price Forecast For the bullish scenario, if SUI maintains its current momentum and innovation, particularly in embracing technologies like inscriptions, it could break past $1.9523, aiming for the more distant resistances at $2.1046 and $2.3886. This optimism is backed by the recent surge in TVL and the innovative approach of its team, comprising former Meta employees. On the bearish side, if the market sentiment turns negative or if Sui (SUI) fails to sustain its innovative edge, it could see a retraction towards $1.6683 or even lower towards the next supports at $1.5366 and $1.2526. The recent slip in SUI's value left many wondering if Sui (SUI) can withstand bearish pressure amid the negative trends and past hiccups that initially rocked its stability. Closing Thoughts In the midst of a fluctuating crypto market, where major tokens are experiencing downturns influenced by Federal Reserve policies, DeFi blockchains Sei (SEI) and Sui (SUI) are navigating through their own unique challenges and opportunities. SEI, on the cusp of a significant upgrade, faces a crucial period that could redefine its market position, while SUI, having recently surged in total value locked, confronts the test of maintaining its momentum amidst market uncertainties. Both platforms, emerging from their respective lows, are now at pivotal junctures, with their technical indicators suggesting potential paths but also hinting at the need for cautious optimism. As investors and traders closely watch these developments, the future of Sei (SEI) and Sui (SUI) hangs in a delicate balance, promising potential rewards for those who can adeptly ride the waves of these emerging DeFi contenders. 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.

7 days ago
Cryptopolitan
Cryptopolitan
followers

The Dogecoin community’s expectations were hampered by significant incidents early in 2024. While diamond hands tend to hold DOGE under price fluctuations, 2024 has proved to be an awful year for Dogecoin. Investors are speculative about their investments in DOGE owing to pessimistic market sentiment, even when bullish patterns are anticipated soon. On January 8, 2024, the Dogecoin Foundation revealed that Dogecoin (DOGE) has set out on an interstellar journey aboard the United Launch Alliance’s (ULA) Vulcan Centaur rocket. The news created massive hype among community members. Dogecoin (DOGE) saw a 6% increase in value between January 8 and January 20, going from $0.078 to $0.091. However, the upward trend eventually shifted as the overall market became turbulent. Between January 20 and 22, Dogecoin (DOGE) saw a 6% decrease in value between January 20 and 22, dropping from $0.091 to $0.081. Furthermore, the decision made by Coinbase Commerce to cease support for Dogecoin, Bitcoin, and other UTXOs has sparked outrage and dissatisfaction among the crypto community and token holders. Moreover, many crypto analysts anticipate a further decline in the value of DOGE, advising caution for investors looking to buy DOGE.  [Embedded Tweet] Coinbase Payments no longer supports native #Bitcoin, #Dogecoin, #Litecoin payments because it was "too challenging" without smart contracts. Only users with a Coinbase account will be able to pay using UTXO-based coins. Coinbase payments is Coinbase's payment gateway which… https://t.co/xHmE63YtDF — Mishaboar (@mishaboar) February 19, 2024 Comparing Algotech (ALGT) vs Dogecoin (DOGE) Despite its established and dedicated community, Dogecoin is still a highly volatile and risky investment. The fact that DOGE is not widely adopted and utilized is one of the key concerns attached to it. DOGE’s value is dependent on speculation, hence it is a high-risk investment. The absence of a regulatory structure raises concerns over its legitimacy as well. Algotech’s phenomenal tokenomics are a key factor in making it a better choice than DOGE. The project includes a suite of cutting-edge trading features, including breakout trading, hedging, and arbitrage identification.   Community members of Algotech are entitled to governance rights, profit shares, and have access to advanced trading strategies, including hedging, mean reversion, and algorithmic consolidation. Algotech (ALGT) is Positioned to Return 258% on Investments After $1.1 Million Private Seed Round With the speculations surrounding DOGE, investors are looking toward other projects that have the potential to displace legacy projects. Algotech (ALGT) is emerging as a great alternative because of its lucrative rewards and user incentives. The project has managed to raise over $1.1 million within two days and is poised to reach even greater heights as the market looks toward emerging opportunities. A key factor dictating the growth of the project is the exciting roadmap. Holders are expected to be offered governance rights, ownership stakes, and other benefits upon launch. Due to the project’s outstanding performance at the start of 2024, its worth is anticipated to skyrocket beyond its current $0.04 level. ALGT will be listed on major exchanges in the upcoming months. Analysts predict its value to reach an all-time high of $0.15 indicating a significant rise in earnings of 258% before Q3.  Learn more:  Visit Algotech Presale Join The Algotech Community

7 days ago
TopCryptoNews
TopCryptoNews
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1 Celestia crypto has jumped above 20, 50, 100, and 200-Day daily moving averages.2 Bulls are showing their strength and extending the gains.3 Celestia crypto rallied in the previous trading sessions. Celestia’s price is trading above the key moving averages showcasing the bullishness by making a higher high structure. However, the Buyers are facing tough competition from the sellers. TradingView data shows that Celestia crypto price is trading at $16.9989 with an intraday loss of 5.45%, indicating a bullish trend. The 24-hour trading volume is 180.33 Million, and the market capitalization stands at $2.81 Billion. Technical Analysis Of Celestia Crypto On Daily Time Frame At the time of publishing, Celestia crypto (USD: TIA) is trading above the 50 and 200-Day EMAs (Exponential moving averages), which are supporting the price trend. The current value of RSI is 42.84 points. The 14 SMA is above the median line at 56.32 points which indicates that the Celestia crypto is bullish. The MACD line at 0.2811 and the signal line at 0.5761 are above the zero line. A bearish crossover is observed in the MACD indicator which signals mild weakness for the TIA crypto price. Technical Analysis Of Celestia Crypto On 4-H Time Frame Celestia crypto chart shows bearish strength and the short-term charts suggest negative outcomes in the upcoming days. Moreover, the price is trading below the major EMAs, confirming the negative signals for the upcoming days. The RSI curve is near 28.79, an oversold zone, with a negative outlook indicating bullish sentiment in the cryptocurrency. The MACD indicator also continued to form a red band and a bearish crossover appeared, indicating a corrective move on the 4-H timeframe. Technical Analysis Of Celestia Crypto On Weekly Time Frame Celestia crypto’s weekly chart shows buyers’ dominance. The cryptocurrency is in an uptrend as it jumped above a key EMA. Technical indicators also support the bullish sentiment as RSI is close to the overbought zone of 74.07 and MACD has formed a bullish crossover with the green band. These signals indicate that the cryptocurrency could face even greater upward pressure in the coming weeks. $TIA #tia #Write2Earn‬ #TrendigTopic

7 days ago
Cryptopolitan
Cryptopolitan
followers

In the fast-paced world of cryptocurrency trading, predicting the next big winner can be akin to finding a needle in a haystack. Yet, seasoned analysts sometimes manage to decipher patterns and trends that point to potential breakout stars. One such analyst recently made waves by accurately forecasting Ethereum’s monumental surge to $2800. Now, this same analyst is turning heads once again, unveiling Retik Finance as the next altcoin poised for significant growth. Priced at a mere $0.12 today, Retik Finance holds the promise of substantial returns for investors willing to seize the opportunity. Ethereum’s Milestone and the Power of Predictive Analysis Ethereum’s meteoric rise to $2800 sent shockwaves throughout the cryptocurrency community. While some dismissed it as an anomaly, others recognized the significance of this milestone. Among those who foresaw Ethereum’s ascent was an astute analyst with a track record of accurate predictions. Leveraging a deep understanding of market dynamics and technical indicators, this analyst identified key factors propelling Ethereum’s surge, including growing adoption, institutional interest, and the rise of decentralised finance (DeFi). Armed with this insight, investors who heeded the analyst’s advice reaped substantial profits. Unveiling Retik Finance (RETIK): The Next Gem in the Altcoin Universe Now, the same analyst who forecasted Ethereum’s historic rise is shining a spotlight on Retik Finance. Priced at a mere $0.12 today, Retik Finance is positioned as the next big winner in the altcoin market. But what sets Retik Finance apart from the myriad of other cryptocurrencies vying for attention? Revolutionising Decentralised Finance (DeFi) At the heart of Retik Finance’s appeal lies its disruptive approach to decentralised finance (DeFi). Unlike traditional financial systems plagued by inefficiencies and barriers to entry, Retik Finance offers a holistic ecosystem that caters to the evolving needs of investors. From futuristic DeFi debit cards to AI-powered P2P lending, Retik Finance is at the forefront of innovation in the DeFi space. By leveraging cutting-edge technologies and embracing user-centric design principles, Retik Finance is poised to redefine global transactions and revolutionise how we think about finance. Impressive Presale Performance One of the key indicators of Retik Finance’s potential is its remarkable presale performance. In just three months, Retik Finance has raised a total of $27,923,937, with the total token allocation also surpassing 365 million. This unprecedented level of support underscores the community’s confidence in Retik Finance’s vision and capabilities. With a strategic 10-stage presale structure and ongoing incentives like the $333,000 giveaway, Retik Finance has created a buzz in the investment landscape, attracting savvy investors eager to capitalise on the next big opportunity. Commitment to Security and Transparency Retik Finance stands out for its unwavering commitment to security and transparency in an industry plagued by security concerns and fraudulent schemes. The project has undergone a rigorous audit by Certik, a renowned blockchain security firm, receiving validation for the robustness of its smart contracts. Moreover, Retik Finance’s strategic listings on major platforms like CoinMarketCap and CoinGecko further enhance its transparency and credibility, instilling confidence in investors and users alike. Addressing Challenges in Traditional Finance Retik Finance’s rise comes when traditional finance systems face mounting challenges. From accessibility barriers to exorbitant fees, traditional banking systems have long struggled to meet the needs of underserved populations. Retik Finance aims to bridge this gap by offering inclusive financial solutions that empower individuals worldwide. By leveraging blockchain technology and decentralised protocols, Retik Finance is democratising access to finance, opening up new opportunities for economic empowerment and financial freedom. Looking Ahead: The Road to a Potential $1 Mark As Retik Finance (RETIK) continues to gain momentum, investors are left wondering: what lies ahead for this promising altcoin? With a current price of $0.12, Retik Finance has already captured the attention of savvy investors looking to capitalise on its potential. But the journey to widespread adoption and mainstream recognition is just beginning. As Retik Finance expands its ecosystem, strengthens its partnerships, and enhances its offerings, the path to $1 becomes increasingly plausible. With a solid foundation and a clear vision for the future, Retik Finance is well-positioned to emerge as a dominant player in the altcoin market, delivering substantial returns for investors who dare to dream big. Conclusion Retik Finance’s emergence as the next big winner in the altcoin market is a testament to the power of predictive analysis and innovative thinking. Priced at a mere $0.12 today, Retik Finance holds the promise of substantial growth and widespread adoption in the months and years to come. As investors eagerly await the next breakout star in the cryptocurrency universe, all eyes are on Retik Finance as it charts a course toward unprecedented success. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website: https://retik.com Whitepaper: https://retik.com/retik-whitepaper.pdf Linktree: https://linktr.ee/retikfinance

7 days ago
Cryptopolitan
Cryptopolitan
followers

Solana experiences a price dip, causing frustration among its investors. NuggetRush’s presale secured over $2.3 million, fueled by its unique blend of GameFi and adventure. NuggetRush, Cosmos, and Sui are top performers with significant growth potential.  The 2024 crypto market has not been favorable to Solana (SOL), as it faces a decline of 9%, reaching a $91.40 low. As the situation raised concerns among investors, industry analysts have selected three digital currencies as excellent solutions. These altcoins—NuggetRush (NUGX), Cosmos (ATOM), and Sui (SUI)—are praised for their unique tokenomics and impressive growth.  NuggetRush, in particular, has transformed the meme coin space by introducing a community-owned game. This top DeFi coin rewards investors through RUSHGEMS, a staking mechanism, and character non-fungible tokens (NFTs). By raising over $2.3 million in the ongoing presale, NUGX has exceeded investors’ expectations, ranking it among the top altcoins for substantial gains in 2024. This article explores the features of NuggetRush, Cosmos, and Sui as standout options amid the Solana price drop.  >> Buy NuggetRush Now <<   NuggetRush (NUGX): Redefining Meme Coins with Explosive Growth and Unwavering Security As Solana suffers a downturn, investors globally have shifted their focus to NuggetRush, enticed by its engaging play-to-earn game and presale advantages. Its crypto ICO follows a staged approach; the value at the fifth stage is $0.018. Below 13% of the tokens allocated for this level remain, demonstrating a high adoption rate. With over 186 million tokens sold during this period, NUGX emerged among the best altcoins in 2024.  NUGX is predicted to soar to $0.020 upon its official launch, marking a 100% price rise from stage one. This top DeFi coin aims to increase its value to a $100 million market capitalization. It achieves this aim by incorporating gold mining, cryptocurrency, and traditional mining into a P2E game. This altcoin’s gameFi structure makes it highly lucrative since it allows virtual assets to be exchanged for tangible rewards like gold and cash.  The growth observed in NUGX can be attributed to its transparent and safe nature. Because the project is built on the Ethereum blockchain, most users can access the ecosystem and play the game. These distinctive features and rapid advancement indicate that NuggetRush may soon surpass Solana. >> Buy NuggetRush Now <<   Solana (SOL): Facing Challenges Amidst Network Stability Concerns  The Solana platform has had a 9% price decline lately, which has created displeasure among holders. This condition can be attributed to a lack of confidence in the stability of the network. According to information from CoinDesk, SOL‘s blockchain experienced a five-hour outage, which caused its value to decrease from $96.00 to less than $94.00 in a matter of hours.  The market capitalization of Solana also decreased to $50,162,435,269. The general attitude toward its tokens appeared cautious, even though trading volume increased by 1.77%. Due to this unfortunate circumstance, many SOL users search the market for viable alternatives. Cosmos (ATOM): Empowering Decentralized Networks with Robust Governance Cosmos is a decentralized network that seeks to address the problems with interoperability and scalability that many blockchain networks encounter. This altcoin attracts attention because of its low transaction fees and fast speed. ATOM holders can vote on the platforms’ growth because of the firm governance structure. In a short while, Cosmos increased 3.3% to $9.49 amid market volatility. The current value of $9.24 has risen by 2.0% from the previous week’s consistent upward trend. All predictions support this development, presenting ATOM as a promising altcoin amid the Solana downturn.  Sui (SUI): Accelerating Blockchain Data Transfers for High-Performance Applications Sui is a layer-1 blockchain created to make data transfers within the blockchain network quick and safe. High-speed transaction throughput and instantaneous transaction finality are given priority. Because of this feature, SUI works effectively in applications involving gaming and money transfers.  The price of Sui increased to $1.81, giving its investors a weekly gain of over 20% as Solana’s momentum decelerates. Since the start of the year, its total value locked (TVL) has also significantly increased. This increase was caused by using SUI as a bridge in the approximately $500 million transfer from Ethereum to Wormhole.  Conclusion  As Solana’s growth slows, NuggetRush, Cosmos, and Sui have emerged as top substitutes. By participating in these top 3 alternatives, investors can see a spike in their portfolios in 2024. NUGX distinguishes itself with an impressive crypto ICO and a profitable community. You can join the rush by purchasing NUGX tokens for breakout growth and increasing your gains.  Visit NuggetRush Presale Website

8 days ago
龙心盐期权
龙心盐期权
followers

Last night, US chip stocks were hit hard in batches. I also quickly added some PUT positions in US stocks and CALLs in some energy stocks. In the long run, I am optimistic about the combination of chips and energy, because AI must need these two things to operate, but at this stage, the necessary condition of energy is obviously underestimated... I mainly add USO's CALL and energy ETF CALL. The IV is only 30-45, which is fairly acceptable. In addition, we can see it from the technical graphics of Nasdaq in the picture above. The U.S. stock market has also entered the middle track zone of BOLL. This position is usually the second time to choose the direction. It is normal to take a breather after staying on the upper track for so long. Coupled with the fact that expectations of interest rate cuts have been postponed again and again, it is really difficult to say whether everyone can hold on. At present, the US stock market is mainly excited in the fields of AI and chips. IVs in other fields are still relatively healthy. You can consider laying out some short-term option strategies to bet on the return of funds, or directly choose popular stocks to do some straddles, and then place your bets. A unilateral market trend rather than a narrow range. In terms of Mosaic, the most focused thing yesterday was of course that Erpie achieved short-term ATH and broke through the $3,000 mark. This aspect is inseparable from the recent growth of L2. After all, Erpie itself is still used in every interaction. GAS, and with the transformation of POS, it is true that the overall inflation has been basically eliminated and even slightly deflated. And yesterday I also posted a screenshot of Erbing’s IV structure being extremely unhealthy.

8 days ago
Wolf_king88
Wolf_king88
followers

📊 #ETH eyes new buying opportunity💥 🧠The expected rejection at D1 did not happen. Instead, it chose to rise strongly. Now it reaches the D2 TP zone and then falls back after encountering resistance. The D1 TP zone turns into a support buying zone. Observe the buying opportunities in this zone. If not, Give up. ➡️We still choose to continue to hold the ETH spot we bought in the 12H buy zone. The most conservative target is at least 3000+, and the ideal target zone is 3350-3580.🎯 ➡️Referring to the trend of BTC horizontally, since BTC has broken the short structure, the short structure of ETH should also be broken, because this market is positively correlated. Moreover, the ideal target area of ​​the double bottom long structure at the ETH weekly level has not yet been realized, so it is not recommended to go short and try to follow the trend and focus on the bullish trend.📈 🤜If you like my analysis, please like 💖and share it💬 #Wolf_king888

9 days 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.

8 days ago

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