#Nuls new Layer-2 #ENULS mainnet launched $ENULS will use

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This Might Result in a Doubling of The Price of Shiba Inu Shiba Inu (SHIB) formed a bull pennant on its daily chart last week, indicating a price gain. While retesting the breakthrough level, SHIB's price is at a key point. If successful, this retest might provide big profits. Bull pennants usually indicate a strong upswing after consolidation. A bull pennant forms on SHIB/USD's daily chart. After a large price rise, two converging trend lines create a little symmetrical triangle. The pole reflects the first rapid climb from late February to early March, while the pennant developed from March to May. The higher pennant trendline generally offered resistance, while the bottom trendline often gave support. SHIB is retesting the upper trendline after breaking it last Wednesday. This retest is essential to verify the breakout. A price retest at the pennant's upper border might confirm the uptrend. Price should be monitored at $0.00002350. Resistance levels at $0.00002482, the 0.236 Fibonacci retracement level, $0.00002881, $0.00003204, $0.00003527, and $0.00003987 are also crucial to watch. The 0.382, 0.5, 0.618, and 0.786 Fibonacci retracement levels are crucial if the upswing continues. $0.00002220, the recent pennant's bottom border, is a key support level. The 200-day EMA at $0.00001854, and the 0 Fibonacci retracement line at $0.00001836, the consolidation phase's bottom, provide further support. SHIB must also watch the 20-day and 50-day EMAs at $0.00002399 and $0.00002418, the next resistance levels. SHIB is trading above its 20-day EMA but below its 50-day EMA, showing mixed short-term momentum. #memecoin #SHIB $SHIB #buythedip #altcoins

NOTcoin: crypto experiment to $500 million market cap Co-creator Sasha Plotvinov's NOTcoin debuted on major centralized exchanges on 16 May last week to considerable excitement. Where is the coin price heading next? After a short price increase, the token gatecrashed into the top 100 crypto with a market worth exceeding $1 billion. However, two hours into trading, the price dropped to $0.0062. After hitting a low of $0.0051 on Binance, the price has stabilized around $0.0054. The price movement is not as horrible as it seems since the $NOT token owners mined a tap-to-earn token by playing the viral Telegram clicker game. The mined in-game token claimed the $NOT $NOT before exchanging. Within 36 hours, 5 million users claimed Notcoin: $NOT's game was designed to introduce newcomers to crypto by helping them set up a TON-compatible crypto wallet, save the seed phrase, and start clicking. Players sold for $0.009471 because they had billions of tokens in the bank. The first 24 hours saw $1.18 billion in trading. $TON ranks 121st out of 9,961 Coinmarketcap coins with $574 million in market cap. This is good for a coin that promised players ‘probably nothing’ in its marketing. Joining projects like installing the TON Space wallet received incentives. Telegram premium members earned additional prizes for tasks and contributions. The game was so popular that eBay and Alibaba sold more mechanical clickers. Its community bot uses Telegram's bot environment to make Notcoin involvement easy. Notcoin boasts 35 million clicker game players, giving it a captive audience. The Telegram software, created by Nikolai and Pavel Durov (Telegram CEO), is the foundation of the Open Network (TON). After in-game mining finished on April 1, token claims began on Tuesday. Holders may stake or ‘hodl’ NOT in their self-custody wallet in addition to selling it. As expected, 69.9% of community members voted yes in a January X poll on minting and listing NOT as a token. #notcoin #altcoins #BinanceLaunchpool $NOT

Ethereum Spot ETFs Coming? US SEC to Decide This Week The Ethereum Spot Exchange-Traded Funds (ETFs) are expected to reach a critical point this week, according to ETF Store President Nate Geraci. The SEC is expected to make a final decision this week. Ethereum Spot ETF Decision Awaits Nate Geraci's admission has raised cryptocurrency and investment expectations as the SEC's verdict may affect Ethereum investment. SEC reviews focus on 19b-4s (exchange regulation amendments) and S-1s (registration statements), according to Geraci. The regulatory authority must approve both registrations before Ethereum spot ETFs can be introduced, the expert said. National securities exchanges like the NYSE and Nasdaq file 19b-4s with the SEC to introduce new products or amend regulations. Before launching and integrating ETH spot ETFs, exchanges must have SEC 19b-4 permission. The initial registration forms for publicly offered securities are S-1s, or registration statements. The agency and potential investors get detailed information about the company's finances, management, and activities. Spot ETH ETFs' administration, structure, and Ethereum performance plan will be covered in this file. Due to their importance, the S-1s and 19b-4s must be authorized by the SEC before the items may be sold lawfully. Geraci is optimistic that the Commission will accept the 19b-4s, but he believes the S-1s may be delayed. Without the S-1s' approval, the funds cannot be marketed to investors. Due to the absence of interaction, the agency may take longer to evaluate and approve these materials. Since then, the SEC's inaction has hurt the funds, casting doubt on its approval. It's worth mentioning that crypto industry leader Nate Geraci is skeptical regarding SEC approval of ETH spot ETFs. Geraci has said the agency's eerie quiet and decreased interaction may delay the fund's certification in May. This makes sense, but Geraci wonders whether the SEC learned from the clown show when identifying Bitcoin ETFs. #ETHETFS #altcoins #BTC #ETH $ETH

Ripple supports blockchain and quantum computing research as XRP remains above crucial support Ripple highlighted its University Blockchain Research Initiative's newest blockchain research. The study describes how blockchains like XRP Ledger meet quantum computing's rapid evolution. On Monday, XRP maintained advances above $0.50 support. XRP holders await a ruling in the Securities and Exchange Commission (SEC) vs. Ripple lawsuit on two major issues: the payment remittance firm's fine for allegedly selling securities (XRP) to institutional investors and an injunction on Ripple's On-Demand Liquidity (ODL) platform, used by clients to manage liquidity. Ripple sponsored a University Blockchain Research Initiative to advance blockchain technology. The payment remittance service released a research on May 17 on quantum computing and its effects on blockchains like the XRP Ledger, a major worry among experts. Technical analysis: Longer-term XRP correction imminent The 1-week XRP/USDT price chart suggests Ripple will correct. On the long period chart, indicators are negative, yet XRP held above $0.50. The fall in XRP price between April 8 and May 20 is shown by red histogram bars below the neutral line on the momentum indicator Moving Average Convergence Divergence (MACD). A recent MACD crossing below the signal line confirms XRP bearishness. XRP may fall almost 9% to $0.4665, its April 19 low. Technical data this week may suggest the cryptocurrency might rebound if liquidity reaches this level. Within a day, XRP may test resistance around $0.5310, the 50% Fibonacci retracement of the slide from the April 9 peak of $0.6431 to the April 13 low of $0.4188. XRP may test $0.50 support if it fails to break over this barrier. XRP held above $0.50 support all week. Clearing $0.5310 barrier allows XRP to challenge the May 7 high at $0.5443 (almost 6% gains from present levels) and aim the April 4 low at $0.5623. #Ripple #xrp $XRP

DOGE Drops to $0.15: Price Prediction Dogecoin (DOGE) is trading at $0.1522, down 1.77% in 24 hours with $819 million in trading volume. Dogecoin ranks #9 on CoinMarketCap with 144 billion DOGE coins in circulation and a $22 billion market valuation. Dogecoin is hovering at $0.15. This price forecast analyzes its future goals. DOGE's 4-hour chart pivot point around $0.15100 suggests a bullish Dogecoin price forecast. The immediate barrier is $0.15950, followed by $0.16980 and $0.18440. Support levels on the downside are $0.14270, $0.13240, and $0.12030. The RSI is 53, suggesting neutral circumstances. Above the 50-day Exponential Moving Average (EMA) of $0.15130, the market is positive. Dogecoin faces a major obstacle at $0.1545 with its symmetrical triangular layout. The 50-day EMA remains supportive at $0.1513. The present market price above the 50 EMA is optimistic, but Dogecoin needs break over $0.1595 to continue rising. The RSI over 50 supports a purchasing trend, bolstering this forecast. Predict Dogecoin PriceIf Dogecoin stays above $0.15100, it might push prices into resistance levels around $0.15950, $0.16980, and $0.18440. A breach below this pivot mark might start a steep selling trend toward $0.14270, $0.13240, and $0.12030. Dogecoin's near-term trajectory depends on the market's reaction to these levels. Finally, Dogecoin's technical prognosis over $0.15100 is optimistic. The first challenge is $0.15950, followed by $0.16980 and $0.18440. The RSI implies additional advances, although care is advised if Dogecoin goes below the pivot point. The 50-day EMA around $0.15130 supports the rise. #altcoins #DOGE #buythedip #elonMusk $DOGE

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