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CaptainAltcoin
CaptainAltcoin
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Ethereum (ETH) appears primed for a major bullish breakout, with the price approaching key levels not seen since the last market cycle’s peak. According to analysis from crypto trader Rekt Capital, Ethereum looks ready to close its monthly candle above $3,000 for the first time since 2021. Monthly Close Above $3,000 Would Be Historically Bullish Currently trading between $2,950 and $3,000, Ethereum’s chart remains in a decisive uptrend. As Rekt Capital points out, Ethereum has broken out of its macro trading range between $2,200 and $2,800. Now the price looks strong as it approaches the $3,200 level, which it has only closed around during historic bull runs. “A monthly close above the $3,000 at the end of the month also represent new labels not seen since 2022,” explains Rekt Capital. He notes Ethereum has only ever monthly closed at these elevated levels during a bull market, which last occurred in 2021. Analysts See Continued Upside for Ethereum Other analysts agree Ethereum’s technicals and on-chain activity point to further upside. CryptoJelle notes that while Ethereum likely won’t make new all-time highs in one move, it remains a strong long-term hold for 2024. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – “There we go, ETH is showing the market what it’s made of. This won’t go to new highs in one go, but ETH should be a good asset to hold for the rest of the year. Send it higher,” he tweeted. Conclusion In summary, Ethereum looks poised for continued bullish momentum as it approaches key resistance levels not seen since the last cycle’s peak. Breaking above $3,000 with a monthly close could confirm a historic bullish breakout. Analysts remain optimistic about Ethereum’s upside potential through the rest of 2024. The coming weeks will determine whether Ethereum can sustain this bullish momentum and make a run toward reclaiming its all-time highs. You may also be interested in: Prom Token Hits the Bulls: Here’s Why This NFT Gaming Token Could Surge Even More Fetch.ai Soars Amid Major Exchange Announcement; Top Analyst Says FET is ‘Trying to Print New ATHs’ – Here’s His Outlook SpaceX Accepts $DOGE for Payments — Will This Popular Memecoin Be Next? Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Ethereum (ETH) Has Only Closed Above This Price in a Bull Run, and It’s About to Do It Again appeared first on CaptainAltcoin.

7 days ago
Crypto Breaking
Crypto Breaking
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As the Ethereum ecosystem braces for the much-anticipated Dencun upgrade, renowned crypto analyst Miles Deutscher provides an in-depth look at the altcoins poised for significant growth. Scheduled for March 13, the Dencun upgrade is a critical hard fork aimed at enhancing Ethereum’s scalability, security, and usability. Deutscher’s insights reveal how specific Layer 2 (L2) solutions are uniquely positioned to benefit from the upgrade’s introduction of Proto-Danksharding and other key enhancements. Deutscher explains, “The Dencun upgrade, especially with EIP-4844, represents a paradigm shift in how Ethereum will handle transactions. By drastically lowering gas fees and increasing throughput, we’re looking at a more accessible, efficient blockchain.” This upgrade is part of Ethereum’s broader roadmap, known as “The Surge,” focusing on scalability improvements. Top-6 Altcoins To Watch Prior To Dencun #1 Polygon (MATIC/POL): With its impending rebrand and investment in zk-technology, Polygon is at a pivotal juncture. Deutscher notes, “Polygon’s deep dive into zk-rollups could redefine its position in the L2 landscape, making MATIC an attractive asset for forward-looking investors.” #2 Arbitrum (ARB): As the leading L2 by TVL and transaction volume, Arbitrum’s robustness is undisputed. “Arbitrum has cemented its position as a powerhouse in the L2 space, and the Dencun upgrade will only amplify its strengths,” Deutscher remarks. #3 Optimism (OP): Positioned as a strong contender in the L2 space, Optimism’s ecosystem is set to expand. “The announcement of Optimism’s fourth airdrop is not just a reward for its community but a strategic move to bolster its ecosystem’s vibrancy,” says Deutscher. #4 COTI Network (COTI): With the launch of V2 and its innovative ‘Garbled Circuits,’ COTI introduces a groundbreaking privacy solution. Deutscher observes, “COTI’s approach to privacy on the blockchain through ‘Garbled Circuits’ is a game-changer, potentially setting a new standard for private transactions.” #5 Mantle (MNT): Highlighting Mantle’s rapid growth, Deutscher points out, “With $1.5 billion in ETH now staked as mETH, Mantle is not just growing; it’s thriving, supported by strategic airdrops that reward its community.” #6 Metis (METIS): Identified as a potentially undervalued project, Metis’s upcoming initiatives are a beacon for investors. “Metis’s decentralized sequencer and the substantial METIS Ecosystem Fund are laying the groundwork for a robust, decentralized future, making it an intriguing prospect post-Dencun,” Deutscher explains. Broader Implications For Ethereum Deutscher also casts a spotlight on Manta Network, Starknet, zkSync, and Linea as projects to watch, emphasizing the widespread impact of the Dencun upgrade. He advises, “The ETH/L2 trade is increasingly compelling as we approach the Dencun upgrade. Shifting a significant portion of one’s portfolio into the Ethereum ecosystem seems prudent, given the transformative potential of the upcoming changes.” At press time, ETH still traded just below the $3,000 mark. ETH price, 1-week chart | Source: ETHUSD on TradingView.com Featured image from Shutterstock chart from TradingView.com Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Source: NewsBTC.com The post Top 6 Altcoins That Will Benefit From Ethereum’s Dencun Upgrade: Crypto Analyst appeared first on Crypto Breaking News.

7 days ago
CaptainAltcoin
CaptainAltcoin
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Today’s thread on X by popular Ripple analyst EDO FARINA sheds new light on a decades old prediction about the future of global currencies. In a Twitter thread, Farina draws attention to the January 1988 cover of The Economist magazine, highlighting key passages that appear remarkably prescient of the role that Ripple and its native digital asset XRP may play. Farina quotes the magazine stating that “The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.” This new “World Currency” was dubbed the Phoenix, depicting how it will rise from the ashes of burned banknotes. According to the publication, it will be favored for its ease of use and stabilized value worldwide. As Farina notes, “We all see how damaged economies damage lives! We finally have the ‘Phoenix Standard’.” But the magazine acknowledged that governments would be hesitant to relinquish economic sovereignty. However, it predicted that catastrophic events like pandemics that severely impacted economies may ultimately force their hand. As quoted by Farina, the magazine stated “Until governments surrender some economic sovereignty, further attempts to peg currencies will flounder.” Another prescient insight was that “The flows of money have replaced trade in goods as the force that drives exchange rates.” Volatile exchange rates could really damage national economies. The solution, as the magazine presented, would be greater coordination of economic policies between countries. But any standard adopted would need to enable extremely fast and low cost transactions, a description that closely aligns with XRP’s capabilities. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – Farina draws attention to how the magazine acknowledged that a “Phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy.” Control would shift to a new centralized banking authority, potentially descended from the IMF. National governments could still influence domestic inflation, but their powers would be curtailed. In a truly stunning prediction, the article envisioned remote work becoming commonplace, stating “Indian computer operators will be processing New Yorkers’ paychecks.” This echoed the massive work from home shift sparked by the Covid pandemic decades later. Farina makes a compelling case that very few if any other cryptocurrency matches this vision apart from XRP. As a digital asset controlled by Ripple and optimized for cross-border payments, it exhibits the characteristics the magazine laid out presciently in 1988 for a future “World Currency.” The Rothschild owned Economist may have inadvertently predicted XRP’s role over 30 years before its creation. EDO FARINA’s thread raises fascinating questions about whether decades old forecasts could be coming to fruition through Ripple’s work with XRP. You may also be interested in: ‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH Japan’s Jasmycoin Price Soars Amid Whale Movements: Can JASMY Hit New ATH? Pay Attention To This Metric BlockDAG’s $2 Million Giveaway and 5000x ROIs Pull in Investors from ScapesMania and Solana Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Ripple Researcher Links The Economist’s 1988 Prediction of a Coming ‘World Currency’ With the Modern Capabilities of XRP appeared first on CaptainAltcoin.

8 days ago
Crypto Breaking
Crypto Breaking
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Data shows social media users aren’t yet showing FOMO around Bitcoin, a sign that the current rally could still have the potential to continue. Bitcoin Social Volume Hasn’t Been Too High Recently According to data from the analytics firm Santiment, the crowd FOMO that may be associated with a rally like BTC has seen recently hasn’t yet cropped up on social media. The indicator of interest here is the “Social Volume,” which keeps track of the total amount of discussion any given topic or term is receiving on the major social media platforms right now. The metric measures this by counting up the posts/threads/messages that are making at least one mention of the given term. The reason it tracks the number of posts themselves rather than the mentions is so that a few threads with a significant number of mentions can’t skew the indicator by themselves. When a topic truly receives widespread attention on social media, a large number of posts crop up as users across the platforms participate in talks. Mentions, on the other hand, can sometimes spike just because some niche circles decide to discuss the term. As such, measuring Social Volume through posts is what provides a better representation of the general trend being followed. Now, here is a chart that shows the trend in the indicator for terms related to Bitcoin and cryptocurrency: The value of the metric seems to have been subdued in recent days | Source: Santiment on X As displayed in the above graph, the Bitcoin Social Volume hasn’t been too out of the ordinary recently, despite the sharp rally that the asset’s price has witnessed. Generally, the indicator tends to rise as rapid moves in the cryptocurrency take place since users get spurred to talk more about the coin. When discussions rise too high, though, it’s often a sign that FOMO is increasing in the sector. Historically, Bitcoin has tended to move against the expectations of the majority, so such a rise in FOMO has often resulted in top formations for the asset. When discussions rise alongside a drawdown instead (that is, a signal that FUD is going up), a bottom rather takes place for the coin. From the chart, it’s visible that last month, the indicator registered a spike around the time of the spot ETF approvals, which coincided with the top, but such FOMO hasn’t reappeared for the coin yet. “Despite Bitcoin’s +74% price rise in 4 months, the crowd FOMO that would normally be associated with this kind of surge has not been present,” notes the analytics firm. “There was certainly an interest in BTC in the weeks directly before and after the SEC’s approval of 11 ETF’s, but the lack of new greed in the space can actually be considered a promising sign that this rally can continue,” explains Santiment. BTC Price Bitcoin has seen some pullback in the past day as its price has slipped under the $51,000 level. Looks like the price of the asset has gone down over the past day | Source: BTCUSD on TradingView Featured image from Bastian Riccardi on Unsplash.com, Santiment.net, chart from TradingView.com Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Source: NewsBTC.com The post Bitcoin FOMO Hasn’t Spiked Yet: Green Signal For Rally To Continue? appeared first on Crypto Breaking News.

8 days ago
Cointelegraph
Cointelegraph
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Bitcoin (BTC) experienced a sharp correction on Feb. 20, sinking as much as 4% from an intra-day high of $53,019 to a low of $50,812, threatening to wipe out the gains of the past seven days. This pull-back led traders to re-evaluate the general condition of the crypto market, initiating a debate on whether the altcoin season (altseason) is here. BTC/USD daily chart. Source: TradingView What’s behind the Bitcoin price pull-back? Traders and market analysts believe the ongoing price crash is a part of the 5 phases of the Bitcoin halving cycle and that BTC might be experiencing a pre-halving retrace before entering a widely expected post-halving parabolic uptrend. Crypto trader and analyst Rekt Capital shared the following chart in a Feb. 15 post on X saying that Bitcoin has “one last Pre-Halving Retrace left” before resuming the uptrend. #BTC There is only one last Pre-Halving Retrace left (dark blue circle) $BTC #Crypto #Bitcoin pic.twitter.com/Q6qF1ieEEL — Rekt Capital (@rektcapital) February 15, 2024 Independent market analyst Sjuul noted funding rates were high for BTC warning traders to “expect some correction across the board.” “In my opinion, it's the buy-the-dip opportunity we are all looking for.” Market intelligence firm Santiment pointed out significant moves in “mid-tier traders often work as excellent signals for” profit taking and “dip buys.” “In the past 2 weeks, #stablecoin holders with $10K to $100K: Added $44.3M in $USDT.” This is an indication that they could be getting ready to buy the dip in case of a pullback. USDC and USDT 10K-100K supply holdings. Source: Santiment Bitcoin versus altcoins Altcoins have displayed great performance over the last 12 months, posting double and triple-digit gains, with some outperforming Bitcoin. Some of them have demonstrated better performance on shorter timeframes. According to data from CoinMarketCap, Bitcoin has rallied 107% over the last 12 months, Solana (SOL) has gained 308%, Avalanche’s AVAX 80%, and Chainlink's (LINK) 136%. The latest data from on-chain analytics firm Glassnode shows that while “BTC and ETH are leading the pack, with year-to-dat gains of 17.6% and 18.2%, respectively,” Bitcoin’s year-to-date performance surpasses aggregate altcoin market cap. Glassnode analyst Alice Kohn said, "the aggregate Altcoin market cap has not experienced the same performance, with YTD growth being less than half of the two majors.” Bitcoin vs. Altcoin market cap YTD performance. Source: Glassnode Glassnode notes that although Ether (ETH) began to outperform BTC following the approval of the spot Bitcoin ETFs in January, its performance fell below Bitcoin’s on Feb. 8. According to Glassnode, the performance of digital assets can also be tracked by using Realized Cap for each sector, a metric that “aggregates the cost basis value of all coins transferred on-chain.” Glassnode notes that Bitcoin continues to display dominance seeing approximately “$20B in capital inflows per month at present.” As the chart below highlights, Bitcoin’s dominance has continued to grow with a 1000% surge in relative market cap since October 2023. Market realized value next capital change. Source: Glassnode “It is evident that capital moves down the risk curve into Altcoins at a slower pace compared to the rotation between the two major cryptocurrencies, a trend which appears to be in play once again,” notes the report. “Bitcoin continues to lead with over 52% market share of the total digital asset market cap.” Related: Bitcoin holdings on Coinbase reach lowest level since 2015 as whales withdraw $1B BTC How close is altseason? On Feb. 18, independent analyst Stockmoney Lizards told his followers on the X social media platform that he believes “many #Altcoins are about to skyrocket in the next #Altseason.” The analyst shared a chart showing that the altcoin market cap had scaled above a significant support area and entered into a bull run similar to the 10x returns experienced in 2021. “We are close.” Many #Altcoins are about to skyrocket in next #Altseason. We are close. pic.twitter.com/1uvRQdWqzU — Stockmoney Lizards (@StockmoneyL) February 18, 2024 Even though some signs are there, it may still be too early to confirm the altcoin season. Glassnode’s altseason indicator has shown positive momentum since October last year and turned positive on Feb. 4 after taking a pause during the sell-the-news event triggered by the Bitcoin ETFs approval in January. Altcoin season indicator. Source: Glassnode Interestingly, the indicator has remained positive since then, an indication that the market is now in a risk-on mode, showing the confidence that the investors have in the altcoins right now. Data from Blockchain Center shows that only 59% of the top 50 altcoins have outperformed BTC during the last 90-day period. Although this index has been increasing over the last few days, it is still not enough to declare an altcoin season. For an altseason to be declared, this percentage has to move above 75%. Altcoin season index. Source: Blockchain Center Glassnode concludes, “our Altcoin Indicator suggests a more mature and possibly sustained uptick in Altcoin markets, however, it remains relatively concentrated in higher market cap assets at this time.” This means that signs of an altcoin season as starting to merge, but it might be too early to make the call. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

9 days ago
Coinstages
Coinstages
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VeChain (VET) has been riding the recent crypto market surge fueled by Bitcoin’s bullish trend. Over the past week, VET witnessed a stunning 72.41% gain, peaking at $0.05085 before experiencing a slight pullback to $0.04428. But analyst Ali Martinez believes the best is yet to come for the digital asset. Martinez Points to Historical Similarities In a post on X, the analyst presents a graph and draws attention to VET’s consolidation phase, highlighting candlestick patterns resembling those observed before the 2021 bull run. Back then, VeChain accumulated for nearly 600 days before exploding to an all-time high of $0.2782. Interestingly, the current consolidation phase started in 2022, and Martinez notes that VET has already spent a comparable 644 days accumulating. His bullish scenarios suggest history could repeat itself. Targetting $0.054 and Beyond Martinez’s prediction of VET moving into the $0.05 range this week materialized. VET surpassed the $0.05 mark for the first time since 2022 before a retracement to its current price of $0.04519. Martinez doesn’t stop there. He envisions a much bolder future for VeChain, suggesting it could not only reclaim its 2021 peak of $0.2782 but even soar to $0.7 by November 2024, translating to a staggering 1480% rally in just ten months. A Word of Caution The analyst acknowledges a potential retracement in June before the projected surge. It’s also crucial to remember that VET’s previous all-time high trajectory took years to achieve. Whether history repeats and a 1480% gain transpires within ten months remains to be seen. VeChain’s Real-World Impact Forget the price charts and speculation; VeChain’s true impact lies in notable partnerships. Companies like Walmart and PwC track everything from food to luxury goods using the VeChain blockchain, guaranteeing authenticity and efficiency, which translates into reduced waste, optimized logistics, and a cleaner future. VeChain also helps companies minimize their carbon footprint and source ethically, promoting a responsible and sustainable future. Imagine tracking food origin for freshness or implementing foolproof anti-counterfeiting measures – that’s VeChain’s impact. VeChain goes beyond just products. It fosters trust and transparency, one block at a time. Consumers gain confidence knowing their purchases are authentic and ethically sourced, while businesses benefit from empowered operations. While the market fluctuates, remember VeChain’s actual value lies in the world it’s building – a more transparent, sustainable, and ethical future, product by product, block by block. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #VeChain #VET

9 days ago
CaptainAltcoin
CaptainAltcoin
followers

In recent weeks, Ethereum (ETH) has decisively outperformed both Bitcoin and the broader crypto market. With key resistance levels now surpassed, swing traders have set sights on a run toward the psychological $3,500 mark. And some analysts believe ETH may lead a new altcoin bull market reminiscent of past cycles. Funding Metrics Position ETH for Breakout Veteran macrotrader Mac spots favorable conditions for Ethereum to extend its strong 2024 start.  With ETH looking to consolidate constructively above $3,000 support, Mac anticipates upside targets around $3,500 will come into play next. “ETH will likely outrun BTC this week,” said Mac. Entry Point for Ride to $3,500 Echoing the bullish outlook, analyst Credibull Crypto believes ETH buyers missed an optimal entry and a dip. With ETH trending back above $3,000 already, he now watches for a minor pullback to scoop up exposure for an eventual ride to $3,500. Credibull expects Bitcoin will follow Ethereum’s charge, bouncing from its own support to reach $60,000 next. With crypto’s market leaders aligned constructively, the tide should lift prices broadly across altcoins as well, in his view. Altcoin Breakout Mirrors 2016 and 2020 Analyzing altcoin positioning, analyst Moustache notes altcoins cleared multi-year downtrend resistance in their race. With that hurdle now serving as support, the same bullish pattern emerged in past bear market bottoms during 2016 and 2020. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – Both occasions marked the start of historic altcoin runs – fueled by ETH leading the charge higher. Moustache contends altcoins now sit poised for similar surges after an extended crypto winter thaws.  Sentiment trends still require confirmation before conclusively calling a new bull market. But among crypto’s standout layer 1 blockchain leaders, Ethereum offers a clear barometer on when capital flows turn decisive to the upside. With so much ecosystem maturation occurring during the lean last few years, the utility base now waits in the wings if traders regain conviction. Ether’s resilience could prove the first domino in sequence – with its own historic boom then igniting altcoins broadly back into vogue. You may also be interested in: Kaspa’s KAS Token Soars to New Heights, Surpassing Cosmos (ATOM) and Theta (TAO) Filecoin (FIL) Eyes Tripling to $25 as Technicals Turn Bullish and Solana Partnership Catalyzes Growth The 5 Best Altcoins to Watch in February 2024: Which Altcoin Will Explode in 2024? Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post ‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH appeared first on CaptainAltcoin.

9 days ago
Binance Announcement
Binance Announcement
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Fellow Binancians, Binance will list Starknet (STRK) and open trading for these spot trading pairs at 2024-02-20 13:00 (UTC). New Spot Trading Pairs: STRK/BTC, STRK/USDT, STRK/FDUSD and STRK/TRY.Users can start depositing STRK in preparation for trading at 2024-02-20 12:00 (UTC).Withdrawal will open at 2024-02-21 13:00 (UTC).STRK Listing Fee: 0 BNB. Notes: The Seed Tag will be applied to STRK.TRY is a fiat currency and does not represent any other digital currencies.The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. What Is Starknet (STRK) Starknet is a permissionless, validity-rollup that is also known as a zero-knowledge rollup (ZK rollup) for Ethereum network. Reminder: STRK is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to STRK’s fundamentals, and fully understand the project before opting to trade the token.The Seed Tag represents innovative project that may exhibit higher volatility and risks compared to other listed tokens. The Seed Tag will be applied to STRK.To gain trading access to the tokens marked with Seed Tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with the Seed Tags. Users may find the Seed Tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Seed Tags. Details: Starknet WebsiteStarknet X AccountFeesRules Thanks for your support! Binance Team 2024-02-20

9 days ago
CaptainAltcoin
CaptainAltcoin
followers

Filecoin’s native token FIL has seen a remarkable rally over the past week, surging 40% to trade around $7.7. This comes after a prolonged bear market that saw FIL plunge from its all-time high of $191 in early 2021. According to popular crypto analyst Ali, Filecoin is trading within a parallel channel on its 3-day chart. He notes that if FIL can break through the key resistance at $8.50, it could start a major upside move. Specifically, Ali sees Filecoin potentially tripling in value to reach $25.5 if it can close above $8.50. Ali’s analysis suggests significant upside potential for Filecoin based on the parallel channel patterns on its technical chart, as seen on the chart above. As he highlights, FIL appears poised to break out from its current channel after bouncing off support. The upside target Ali identifies sits at $25.5 – the top boundary of the parallel channel located just above FIL’s trading range. On the 3-day chart, we can clearly see Filecoin consolidating within the lower parallel channel over the past few months. Now, with FIL pushing against stiff resistance at $8.50, Ali makes the case that a decisive break above this level could propel it towards the next channel at $25.5 – representing over a 200% rally from current levels. With buying momentum accelerating, traders seem to be anticipating this technical breakout fueling a new Filecoin bull run. The bullish technical setup is supported by positive momentum indicators. The MACD line is above the signal line and the RSI is above 55, suggesting buying momentum is accelerating. In terms of support and resistance zones, FIL has support around $5.00 and $4.20. On the upside, the first major resistance level sits at $8.00. Driving recent buying interest is Filecoin’s integration with Solana, which was announced by popular crypto influencer Altcoin Daily to his 1.5 million followers on X. By leveraging Filecoin’s decentralized storage capabilities, Solana can scale while maintaining security and decentralization. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – As Filecoin tweeted, “Solana is utilizing Filecoin to make its block history more accessible and usable for infrastructure providers, explorers, indexers, and anyone needing historical access.” This integration with the high-growth Solana ecosystem can significantly expand Filecoin’s use cases and adoption. With bullish technicals, strong fundamentals, and increasing developer activity, Filecoin seems poised for further upside. The key $8.50 resistance poses the next test – a decisive break above which could see FIL enter a new bull market. You may also be interested in: Top Analyst Says Bitcoin (BTC) at $30k is Now ‘Less Likely’ – But There’s a Catch Can Surging Shibarium Activity Push Shiba Inu ($SHIB) Price Past Crucial Barrier? 40x Seemingly Possible as ‘Under-Valued’ Kelexo (KLXO) Lending Phenomenon Secures More Solana (SOL) & Bitcoin Cash (BCH) Investment Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Filecoin (FIL) Eyes Tripling to $25 as Technicals Turn Bullish and Solana Partnership Catalyzes Growth appeared first on CaptainAltcoin.

10 days ago
CaptainAltcoin
CaptainAltcoin
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Over the past few weeks, Bitcoin (BTC) has seen bullish momentum return following an extended period of rangebound price action. Analyst interpretations of key technical levels suggest further upside remains likely in the coming months as the next halving approaches. Key Resistance Break Hints at History Repeating Per analyst MilkyBull Crypto, Bitcoin recently closed above a critical cyclical resistance level for the first time prior to a halving event. Notably, similar resistance breaks in 2016 and 2020 preceded major bull runs over the following year. After 63 and 49 days, respectively, of those breakouts, new all-time highs were reached. If historical patterns repeat, MilkyBull expects Bitcoin to once again print fresh highs by April 2024. Other experts share the view that previous market cycles provide a roadmap for where BTC heads next. Overbought Conditions Usually Mark Start of Epic Bull Runs According to analytics shared by trader Jelle, Bitcoin’s weekly relative strength index (RSI) now sits above 70. As he notes, such overbought readings marked the early stages of crypto’s most lucrative bull markets historically. If those precedents hold, significant additional upside could just be getting started. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – Popular analyst Michaël van de Poppe concurs on Bitcoin’s positive momentum. However, he believes a brief pullback may hit in the near-term before BTC pushes toward $54-58K. Upon reaching those interim target levels, de Poppe expects the current pre-halving run to conclude. New All-Time High Likely by May per Historical Tendencies Veteran analyst Kevin Cage highlights Bitcoin decisively moving past the 50% retracement of its recent bear market. On the three previous major Bitcoin cycles, closing a full weekly candle above this level kicked off the final leg higher to new all-time price highs. During those historic occasions, fresh highs emerged over stretches of 28–98 days post-breakout. Applying this range to the current market environment, Cage assesses a likely timeframe of March 18th to May 27th, 2024, for Bitcoin’s next record peak. With blockchain activity, institutional adoption, and developer sentiment remaining strong, most experts agree Bitcoin’s long-term outlook looks bright. If key upside triggers like the impending halving play out similarly to past cycles, renewed exuberance around crypto may lift Bitcoin and the broader digital asset market back toward record valuations by mid-2024. Still, unforeseen regulatory pressure or macroeconomic instability leading into the U.S. presidential election could weigh on investor appetite. But for long-term focused bulls, recent price action provides another validation point for Bitcoin’s status as digital gold. You may also be interested in: Top Analyst Says Bitcoin (BTC) at $30k is Now ‘Less Likely’ – But There’s a Catch Can Surging Shibarium Activity Push Shiba Inu ($SHIB) Price Past Crucial Barrier? 40x Seemingly Possible as ‘Under-Valued’ Kelexo (KLXO) Lending Phenomenon Secures More Solana (SOL) & Bitcoin Cash (BCH) Investment Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Analyst Shares Time Frame When Bitcoin Should Create An All-Time High, Highlights When BTC Pre-Halving Rally Will End appeared first on CaptainAltcoin.

10 days ago
CaptainAltcoin
CaptainAltcoin
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Bitcoin recently rallied to $53,000 but has since dropped back down to around $51,000. According to crypto analyst Ali, if Bitcoin fails to quickly reclaim the $52,000 level, it risks facing an 8% correction. This could potentially send the price down to the range between $48,000 and $46,500. Significant Support Lies Below Around $46,500 However, Ali notes there is significant support between $48,000 and $46,500, with over 1 million addresses holding more than 544,870 BTC in that price range. This large accumulation of BTC indicates strong support on the chart. As such, any drop towards $46,500 could be met with significant buying pressure from bulls looking to defend this key level. So while Bitcoin remains vulnerable to a correction if the $52,000 level is not reclaimed quickly, major support below $50,000 suggests any drop may be limited. As long as the critical support around $46,500 holds, the medium-term outlook could remain bullish. You may also be interested in: Has Bitcoin’s 4-Year Cycle Been Broken? A Closer Look Says No as BTC Price Faces Crucial Test Why Is SUN Coin Price Pumping? BONK Outperforming Shiba Inu (SHIB) as New Memecoin Rebel Satoshi ($RBLZ) Starts To Gain Investor’s Attention Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Bitcoin’s (BTC) Price Could Start Dropping If Key Level Not Reclaimed, But This Strong Support Offers Hope appeared first on CaptainAltcoin.

11 days ago
Cointelegraph
Cointelegraph
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Bitcoin (BTC) starts the last full week of February above $52,000 — a fresh two-year record for the weekly close. BTC price strength shows little sign of reversing downward as bulls propel the market ever closer to all-time highs. What does the road ahead have in store? Traders and market observers are as conflicted as ever over the timing, but consensus increasingly calls for further upside. Bitcoin has successfully navigated turbulence from the year’s major events to date, and with the block subsidy halving now just two months away, bets are on for a rally in classic fashion. The picture farther out looks less predictable — BTC/USD may top later in 2024 before beginning a “secular” bear market, analysis warns this week, while the overall potency of the halving when it comes to price action is also under the microscope. Add to that the turbulent macroeconomic and geopolitical status quo in the United States and beyond and it is all the more clear that crypto volatility catalysts are waiting at every turn. Cointelegraph takes a refreshed look at the major issues impacting BTC price action and how they might play out in the coming days into the February monthly close. Weekly close sends Bitcoin back to November 2021 Bitcoin put in a decidedly triumphant weekly close on Feb. 18 — its highest since November 2021 at around $52,100, per data from Cointelegraph Markets Pro and TradingView. BTC/USD 1-week chart. Source: TradingView This takes the market symbolically near the peak of what was then euphoria — a blow-off top at $69,000. Predictions for how the week would end had varied, with various support levels on the radar should the market reverse at the last minute. In the event, however, little volatility came, leading to $52,000 holding into the Asia trading session. “Bitcoin consolidating at $52,000 with the total market capitalization at $1.9T,” Michaël van de Poppe, founder and CEO of trading firm MNTrading, wrote in a summary on X (formerly Twitter). Van de Poppe expressed what is currently a popular theory when it comes to short-term BTC price performance — another leg higher before returning to test the mettle of recent gains. “The upside looks relatively capped for Bitcoin,” he continued. “My overall thesis is a continuation to $54-58K and then consolidation & broader correction. After that, rotation towards Altcoins.” Change has nonetheless evaded spot markets for most of the past week, with $52,000 and its associated resistance liquidity forming a “sticky” focal point. Joining in the near-term forecasting, Venturefounder, a contributor to on-chain analytics platform CryptoQuant, agreed with the $58,000 target. His basis, however, revolves around relative strength index (RSI) behavior. “If all follows, then the last BTC RSI peak signals breakout of downward channel, will push price higher (~$58k), then followed by a correction and this level will be made into strong support going forward (~$50k),” he concluded. #Bitcoin cycles are never the same, but it often rhymes: 1) Weekly RSI completing a bottoming movement, from lower highs, lower lows to higher highs and higher lows 2) Following the cycle top, The first three RSI peaks > 50 will have a strong reaction at resistance (either… pic.twitter.com/OW59mXPjdL — venturefoundΞr (@venturefounder) February 19, 2024 Over the weekend, Venturefounder, whose BTC price takes tend to err on the side of caution in the current environment, acknowledged the strong performance despite the spot Bitcoin exchange-traded funds (ETFs) making no purchases. As Cointelegraph continues to report, these form a major change to market dynamics, which has been in place for barely a month. “Honestly Bitcoin is holding up pretty well considered there is no daily 9-figure spot #BTC ETF buys on the weekend,” he summarized. “I think a degree of that is non-ETF buyers expecting continuation of the strong ETF net inflow and therefore buying the dip, essentially trying to front run the price next week.” Halving cycles spark contention The debate around the halving and its impact on price is getting ever more vocal with less than two months to go. For some, price performance in recent months — especially amid the emergence of institutional access via the U.S. spot ETFs — calls for a reevaluation of standard Bitcoin market cycles. The four-year circle revolving around halving events, they suggest, is seeing a challenge thanks to shifts in price coming at unusual times. #Bitcoin has made historyFor the first time ever, BTC has closed a weekly candle above the .618 FIB retrace from cycle high to cycle low prior to the halving: https://t.co/URAGEtuWKJ pic.twitter.com/MuhXMdrHF9 — Matthew Hyland (@MatthewHyland_) February 19, 2024 As Cointelegraph reported, others see the current cycles as “business as usual” — a cycle top should come months after the halving or even later. In some of his latest X engagement, popular trader and analyst Credible Crypto continued that narrative. “Is this time REALLY different? OR is it possible that this time is the SAME as all the prior times except people think it’s different because they have erroneously been using the halving as the single point of reference for our cycles?” he queried. Credible Crypto linked to a previous post from late last year in which he imagined a top in late 2024, followed by what he called the “first major secular Bitcoin bear market.” “In the coming months I expect further continuation upwards, at a more aggressive pace than we have seen thus far, as we build up to what will be a blow-off top for the books to conclude this multi-year cycle,” part of the post read. Before April’s halving, however, there remains plenty of opportunity for gains, as envisioned by fellow trader and analyst Rekt Capital, who notes that previous cycles saw a “pre-halving rally” beginning two months in advance. “BTC has one final Pre Halving Retrace left,” he added last week. “Historically, it tends to occur only a few weeks before the Halving.” Bitcoin price comparison. Source: Rekt Capital/X Global liquidity conditions favor crypto Caution marks the mood among macro analysts this week after recent U.S. inflation data gave the Federal Reserve a major headache. Prices, as shown by the Consumer Price Index (CPI) and Producer Price Index (PPI), advanced more than expected in January. Markets, which were previously confident that the Fed would U-turn on interest rate policy and reduce quantitative tightening (QT) as soon as March, quickly reevaluated the odds. This in turn dampens the tone for risk assets, which appreciate increasing liquidity as a basis for investor interest. That said, with the S&P 500 hitting all-time highs this month, a certain divergence between market performance and macro reality continues to play out. As Philip Swift, creator of Bitcoin statistics platform Look Into Bitcoin, noted, global liquidity conditions are conversely better than ever — a possible crypto catalyst in itself. “We are getting closer to Global Liquidity making a new all-time high,” he showed on X earlier in February alongside a chart of M2 money supply. “Arguably THE most important factor for a bull market. That's when the party really starts for bitcoin.” Global M2 money supply s. BTC/USD chart. Source: Philip Swift/X In the U.S., however, there remains plenty to unnerve markets and induce a more hawkish stance at the Fed prior to its next interest rates decision at the end of March. This week will see jobless claims and the minutes of the Fed’s January meeting, alongside the S&P Purchasing Managers’ Index (PMI) leading the pack, alongside various speaking appearances from Fed officials. Key Events This Week:1. Presidents Day, Markets Closed - Monday2. Fed Meeting Minutes - Wednesday3. S&P Global Services PMI data - Thursday4. Existing Home Sales data - Thursday5. Total of 5 Fed speaker events this week6. ~15% of S&P 500 companies report earnings… — The Kobeissi Letter (@KobeissiLetter) February 18, 2024 “We're watching the Fed minutes for color on rate cut timing,” trading resource The Kobeissi Letter announced in part of its weekly diary post on X. “Rate cuts are now being pushed out to June.” Bitcoin open interest matches 26-month record Recent days have seen a new all-time high in open interest (OI) for CME Group’s flagship Bitcoin futures. At $6.8 billion, OI saw a pronounced spike this month as ETF inflows surged and BTC price action delivered a return above key resistance levels. Now, a similar phenomenon is playing out elsewhere. According to the latest data from CoinGlass, total exchange OI hit $22.8 billion on Feb. 19, marking the highest levels since Bitcoin’s $69,000 all-time high. Bitcoin futures open interest (screenshot). Source: CoinGlass OI spikes have preceded periods of BTC price upside throughout recent months, but as analysts note, the volatility can run both ways. “Bitcoin is at a point where fresh positioning is very risky. The open interest on all coins reaches levels equal to the 2021 highs,” CryptoQuant contributor J.A. Maartunn warned last week. “Yes, the price can run higher, but the risk-reward ratio is NOT favorable.” #Bitcoin Open Interest is up only since February.It increased by +$3.3 Billion or +32%.Spot premium & Funding rates still neutral so that's good. pic.twitter.com/dSa0YmZEn2 — Daan Crypto Trades (@DaanCrypto) February 12, 2024 Countering the risk of a snap downside move are funding rates and leverage, both of which remain at comparatively manageable levels and suggest an overall lack of “irrational exuberance” among traders. Crypto sentiment drifts into "extreme greed" When it comes to cross-crypto sentiment, there are increasing signs that the average investor is reaching a state of euphoria. Related: Bitcoin price unlikely to hit all-time high before the halving — Here’s why The latest readings from the Crypto Fear & Greed Index show the highest levels of “greed” since the 2021 Bitcoin all-time high. Last week, the Index produced a score of 79/100, corresponding to “extreme greed” and briefly beating those 2021 levels. At the time of writing, Fear & Greed, itself a lagging indicator, stood at 75/100. Crypto Fear & Greed Index (screenshot). Source: Alternative.me “Absolute bullishness begets corrections. In 2021, after almost everyone is convinced there’s more upside after seeing $69k ATH, BTC rug pulled,” Venturefounder commented on market psychology over the weekend. “In Oct 2023, almost everyone is convinced $BTC will break below $25k again. Bitcoin doubled in few months without a major correction.” Fear & Greed historically flags an inbound long-term market correction when it reaches 90 or higher — something which has not occurred since Q1 2021. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

10 days ago
CaptainAltcoin
CaptainAltcoin
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According to crypto analyst Chris on Crypto, Litecoin has a very strong bullish case. He points out Litecoin’s “ridiculous upside potential” as paper monies continue to lose value. Additionally, he notes Litecoin offers cheap, immutable, decentralized money with 100% uptime and proven scalability. With no premine, Chris argues Litecoin has solid fundamentals. LTC Poised to Close ‘Gaping Price-Fundamentals Mismatch’ Chris further states that the data clearly shows a huge disconnect between Litecoin’s strong fundamentals and its current price. He believes unworthy projects should not outperform quality cryptos like Litecoin. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – Sleeping Giant LTC Set for Massive Rally In summary, Chris emphasizes Litecoin is an OG titan and sleeping giant towering over other cryptos. He says LTC is always dependable and acts courageously. While lacking in one key area now, Chris believes this will change soon. He concludes Litecoin is the envy of all crypto and poised for a massive rally to close the gap between its fundamentals and price. You may also be interested in: Has Bitcoin’s 4-Year Cycle Been Broken? A Closer Look Says No as BTC Price Faces Crucial Test Why Is SUN Coin Price Pumping? BONK Outperforming Shiba Inu (SHIB) as New Memecoin Rebel Satoshi ($RBLZ) Starts To Gain Investor’s Attention Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Litecoin Is an ‘OG Titan’ With ‘Ridiculous Upside Potential,’ Why You Should Keep Holding LTC appeared first on CaptainAltcoin.

11 days ago
CaptainAltcoin
CaptainAltcoin
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Crypto Rover, a crypto trader, predicts that MATIC is about to break out of a 3-year consolidation phase. According to Crypto Rover’s chart, the price has hit resistance three times in the past and is now approaching a fourth touch. A break above the $1.00 resistance line will make bulls more confident and push the price further upward. However, if the resistance holds, it may spell a major fall for the price of MATIC. AltFINS Analysis Shows Sideways Trading and Possible Breakout Crypto analytics firm AltFINS also analyzed MATIC’s price action. According to AltFINS, the price is trading in a Sideways Channel between $0.75 and $1.00. For trend traders, AltFINS recommends waiting for a breakout above the $1.00 resistance before entering new long positions, as this could open the way for the price to revisit $1.25. Swing traders can trade the channel by buying near channel support around $0.70-$0.75 and selling near the $1.00 resistance for a potential 35% gain. AltFINS suggests a stop loss just below the 200-day moving average and prior swing low around $0.67. AltFINS notes the short and medium term uptrend is intact, but the long term trend remains neutral. The analysts suggest a decisive break above the 3-year resistance level is needed to shift the long term trend to firmly bullish. You may also be interested in: Has Bitcoin’s 4-Year Cycle Been Broken? A Closer Look Says No as BTC Price Faces Crucial Test Why Is SUN Coin Price Pumping? BONK Outperforming Shiba Inu (SHIB) as New Memecoin Rebel Satoshi ($RBLZ) Starts To Gain Investor’s Attention Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Polygon’s MATIC Nears Critical 3-Year Resistance Level: A Make-or-Break Point for Its Next Major Direction appeared first on CaptainAltcoin.

11 days ago
CaptainAltcoin
CaptainAltcoin
followers

Bitcoin is down 1.5% over the last 24 hours to around $51,100, after briefly surging above $52,000 earlier this month. The move above $52,000 had some claiming the 4-year cycle that Bitcoin tends to follow was no longer valid. However, crypto analyst CryptoCon pushed back on those assertions in a recent tweet thread. As CryptoCon explained, “With the recent move to 52k+ prices, some have claimed the #Bitcoin 4-year cycle is now out of the question. Their evidence, the .618 cycle retrace. This retrace has marked the mid-top for each cycle, a point that comes in the middle of the cycle and brings large corrections (40 – 54%) and sideways periods.” Indeed, Bitcoin had surpassed the .618 Fibonacci retracement level from its last cycle high, leading some to believe the cycles were broken. But CryptoCon contends otherwise: “There is a chance it may be. The best way to measure these retraces is from weekly candle bodies, which allows us to include Cycle 1. When we do this, we find that cycles have always made two primary tops above the .618. This would have made 49k the first, and the second is in progress.” So in CryptoCon’s view, $49,000 was likely the first top above the .618 level for this cycle, and the move above $52,000 represents the second top which he says is typical based on previous cycles. CryptoCon notes that “The amount that each cycle has risen over the .618 has been between 6 and 26%. This cycle is at 13.5%.” So while unusual, the move above the .618 retracement level does fall within historical norms. He also points out that even a weekly candle close occurred above the .618 level in 2016, “making our close above not out of the ordinary.” Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – In conclusion, while Bitcoin’s surge above $52,000 makes it appear like the 4-year cycle may be invalidated, the analysis from CryptoCon suggests otherwise. The cycles are still in play according to historical data, with the move above the .618 retracement level not entirely unusual. Still, Bitcoin faces a crucial test here to see if it can sustain above $50,000 or if a deeper correction is still ahead. You may also be interested in: Bitcoin Bound for $150K? These Key BTC On-Chain Metrics Point to Potential  Breakout How One Trader Made $150,000 with Just $198 Ethereum in 18 Hours Avalanche and Chainlink Climb Impressively While Investors Anticipate Huge Returns on Rebel Satoshi’s DEX Launch Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Has Bitcoin’s 4-Year Cycle Been Broken? A Closer Look Says No as BTC Price Faces Crucial Test appeared first on CaptainAltcoin.

12 days ago
Crypto Expert BNB
Crypto Expert BNB
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  🚨Hight alert NewsAbout BNB🚨 $BNB   $BNB  Coin Price Analysis (as of February  2024,  📈Current Price: $355.70 (according to CoinDesk)📈 📌short term bullish🚀🚀🚀🚀🚀🚀 ................,..................................... 🚀🚀if you want 3 usdt then open my first pinned post,click my profile pic to open and claim 3 usdt💎💎💎💎💎💎💎💎 📎📎📎📎📎📎📎📎📎📎📎📎📎📎📎📎 📌📌Technical Analysis:🚨🚨 🚨Relative Strength Index (RSI): 65.68 (in the "greed" zone, indicating possible overbought conditions) 🚨Fear & Greed Index: 72 (also in "greed" territory) 📌Analyst Predictions: 🚨Short-term: 🚨CoinCodex: predicts a slight decrease to $352.17 by February 18th. 🛑Changelly: expects a drop to $346.59 by the same date. 🚀🚀Long-term:🏹🏹 🚨price prediction: forecasts a 5% increase to $481.66 by 2030.🏹 CoinCodex: suggests a rise to $416.42 by February 2025. 🎯Overall Sentiment: 🎯Bullish with some caution due to the "greed" sentiment and overbought RSI.🎯 🎯Important Notes: This is not financial advice, and you should always do your own research before making any investment decisions.🔔 🚨Cryptocurrency prices are notoriously volatile, and past performance is not indicative of future results.📉 🚨Consider your own risk tolerance and investment goals before investing in any cryptocurrency.🚨 #Write2Earn   #PIXEL   #TrendingTopic   #BNB   #BNB/FDUSD  
12 days ago
CaptainAltcoin
CaptainAltcoin
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Notable cryptocurrency analyst Egrag Crypto (@egragcrypto) posted an insightful technical analysis of XRP’s price chart on Twitter this week. Egrag Crypto notes that XRP’s 2-week candle appears stuck between the 21 EMA and 55 MA. While the downside risk sits around $0.45, closing above $0.60 is seen as crucial since it would mean overtaking the 21 EMA on the 2-week timeframe and surpassing a key resistance level. Mega Move Potential Egrag suggests this range-bound movement could be the prelude to a historic “mega move” breakout for XRP for several reasons: It would complete a ‘W’ price formation It would finalize an ascending triangle pattern This breakout could fuel a 500% price increase from current levels, sparking further gains Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – 7000% Price Surge? While a 7000% XRP price surge may seem unlikely to many, Egrag argues that once real-world utility kicks in, such exponential growth could just be the beginning of a longer trend. The analyst urges the XRP army to “stay steady” since the XRP Ledger is gearing up to transform global finance. Large XRP Buy Order Supporting this Bullish Outlook Lending further credibility to the possibility of an imminent XRP breakout is a sizable buy order recently executed by popular cryptocurrency analyst and trader, Dr. Profit. In a tweet, Dr. Profit shared that he purchased $500,000 worth of XRP tokens at $0.56. This latest purchase builds upon his existing long-term position in XRP which he began accumulating as far back as January 2021 at an average price of $0.32. Taking a step back, this strongly suggests that Dr. Profit maintains a highly bullish multi-year outlook on the price performance of XRP. By committing additional capital at the current levels, the trader is signaling a high-conviction view that XRP remains undervalued relative to its longer-term growth potential. You may also be interested in: Polkadot (DOT) Teeters ‘On the Cusp of a Breakout’: Can It Surpass Resistance at this Key Level? Ethereum Finally Strengthening, Analyst Reveals When ETH Will Start to Surge Amid Favorable Price Action Bespoke Crypto Streaming Platform Deestream (DST) Takes Further Tether (USDT) & Polkadot (DOT) Investment As 30x Capable Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Ripple Could Finally Surge 7000% After This 21MA and 55MA Breakout, XRP Investor Continues Loading Up appeared first on CaptainAltcoin.

13 days ago
CaptainAltcoin
CaptainAltcoin
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After rallying for seven straight days, the Bitcoin price finally reclaimed the $52,000 level for the first time in over two years. However, Spot On Chain has identified two key upcoming events that could pose threats to Bitcoin’s short-term price action. Genesis Approved to Sell $1.3B in GBTC First, Genesis Trading was recently approved by a court to sell $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares, totaling over 35 million shares, on February 15th. Spot On Chain notes that previous large-scale GBTC unlocks have preceded Bitcoin price drops. US Government Plans Sale of Seized BTC Additionally, the analyst highlights that the US government recently filed notice to sell 2,875 BTC worth around $150 million that were seized from Silk Road. As one of the largest institutional Bitcoin holders, similar previous sales from the government coincided with price dips. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – With Bitcoin facing its highest level in two years, these pending sales present potential headwinds that could interrupt its momentum. However, determined buying support could help the cryptocurrency power through the turbulence. You may also be interested in: Are Ethereum Tips Useful? This Smart Trader Made Over $2 Million in 12 Hours With This Altcoin Major Network Upgrade Triggers Surge in Sei Token Price: Analyst Anticipate SEI’s ‘Big Breakout’ Intuitive streaming platform DeeStream (DST) get Cardano (ADA) & Litecoin (LTC) investors pouring in early as presale looks to hit 40x in months Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Bitcoin (BTC) Price Faces Two ‘Big Threats’ to Short-Term Ascent Following Key US Government Approvals appeared first on CaptainAltcoin.

14 days ago
CaptainAltcoin
CaptainAltcoin
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In a recent post on X (Twitter), crypto analyst Nick, known as Crypto Crusader (@NCashOfficial), argues that investors should continue holding XRP despite its recent decline. The Case for Holding XRP Nick notes that there is currently significant fear, uncertainty, and doubt (FUD) surrounding XRP, with many claiming that it is “dead” and a “scam.” However, he cautions investors not to be swayed by the negative sentiment. As Nick explains, “The bottom won’t feel like the bottom” because the overall pessimism tries to persuade you to move on. He points to November 2022 as an example, when there was peak fear about crypto exchanges failing, only for the market to rebound strongly in January 2023. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – Responding to Counterarguments Critics may point out that other altcoins are mooning while XRP lags. Nick acknowledges this but argues one can’t get caught up comparing assets in this volatile market. He notes that even Bitcoin has yet to reach a new all-time high in this cycle. Furthermore, Nick explains that money tends to flow between assets, pumping certain coins over others in waves. Just because an asset isn’t pumping now doesn’t make it a scam or “shitcoin.” He reiterates that “XRP will have its time in the sun.” Tuning Out the Noise In conclusion, Nick cautions investors to avoid falling into the trap of reacting to short-term price declines. He notes that maintaining composure is critical in crypto’s volatile environment, stating “not everyone will make it” due to lack of emotional control and patience. By tuning out the noise and FUD, Nick believes XRP holders will be rewarded in due time as the macro environment shifts. You may also be interested in: Bullish Pennant Pattern Suggests Injective Protocol Is Ready to Surge 40% from This Price: INJ Price Outlook Conflicting Cardano (ADA) Metrics Could Stop Bulls’ Efforts To Break This Critical Resistance Level Social Network Launches Bitcoin L2 Featuring Staking; Emerging AI Coin Gains Investor Curiosity Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Ripple Is Not Dead: Why You Should Continue Holding XRP Despite Its Free Fall Against Bitcoin appeared first on CaptainAltcoin.

19 days ago
CaptainAltcoin
CaptainAltcoin
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Ripple’s XRP cryptocurrency is up a modest 1% today, trading around $0.52. However, it has significantly underperformed most major altcoins amid the broader crypto market rally. Coins like Cardano (ADA) and Solana (SOL) are up over 5% on the day. Renowned TradingView trader AlanSantana shared a rather bearish outlook on XRP based on his chart analysis. As he notes, “The chart is bearish so we’ve been bearish for a while… The chart will always show you what is coming next.” AlanSantana points out that in the past, the XRP chart showed clear bullish signals weeks before the court ruled in Ripple’s favor against the SEC last year. However, now the chart paints a different picture. “In reverse, if the chart is pointing down then Ripple might have a setback soon, that is what I see coming from the chart right now.” His technical analysis suggests we could see a “longer, harder and stronger retrace or ‘correction'” in the XRP/USD trading pair. He believes this could be precipitated by developments in Ripple’s ongoing legal battle with the SEC. “Another drop but nothing that we have not been expecting… This shouldn’t be a surprise.” AlanSantana advises traders to follow what the charts are indicating rather than hoping for a different outcome. As he says, “When bullish bullish, when bearish bearish… There is no room for hoping in this game.” He also points out that XRP tends toward extremes, leaving it vulnerable to strong swings up or down. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – In summary, this seasoned chart analyst sees a bearish technical picture for XRP, suggesting its legal issues could catalyze a meaningful drop rather than continued growth. For traders, his advice is to follow the direction of the chart rather than unrealistic hopes of how they want the market to move. Based on his analysis, XRP may have further downside before turning bullish again. You may also be interested in: Crypto Influencer Shares Insights on SAY, TIA and Profit-Taking Lessons Learned from SOL SUI Pulls Back After Bullish Rally, Analyst Shares Next Support To Watch One not to miss – Pushd (PUSHD) presale still available – Ripple (XRP) & Polygon (MATIC) holders keep pumping in! Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Why Ripple’s XRP Doesn’t Look Good According to Chart Analysis appeared first on CaptainAltcoin.

21 days ago

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