$BTC 1) Market Trends: $BTC drops sharply, with altcoins leading the breakdown.
U.S. stocks are rising, as the market pushes for a "Trump trade," including a strong dollar and higher U.S. Treasury yields.
2) Market Highlights: 1. RWA (Real World Assets) token $OM rises, collaborating with Mantra Chain. They've tokenized $500 million worth of real estate in the UAE.
2. Solana ecosystem's $BILLY surges, reaching new highs despite the overall market downturn. $BILLY is a dog-themed meme coin on the Solana chain, with a continuously growing number of holders. When the overall market is weak, speculative capital tends to flow into chains with lower liquidity requirements.
3. AI-related token $IO is declining. Market rumors suggest the team might be secretly mining more than their allocated share.
4. Re-staking project Symbiotic expands its pool cap. Symbiotix is a competitor to Eigenlayer, and DeFi miners are flocking to mine it.
#Buy_Shib Shiba Inu, the second biggest meme coin in crypto, is in the spotlight after rising above a key resistance level. With Bitcoin price crossing the $100k mark, and crypto market’s fear and greed index rising, there are odds that the $SHIB price will continue rising in the next few weeks. So, how high can Shiba Inu price get by December 31?
Shiba Inu Price Technical Analysis Points To A Jump To $0.00005458 Shiba Inu price was trading at $0.00003150 on December 5, much higher than the year-to-date low of $0.00008280. As described below, technicals suggest that SHIB could get to $0.00005458 by December 31.
On the daily chart, the coin has recently moved above the key support level at $0.00003045, its highest level on November 12. It has also retested the key resistance level at $0.00003280, its highest level on March 27. This is a notable level since it was the upper side of the cup and handle chart pattern, whose depth is about 67%.
SHIB price has also moved to the 38.2% Fibonacci Retracement level and the Weak, Stop & Reverse level of the Murrey Math Lines. The coin has also formed a golden cross pattern as the 50-day and 200-day Weighted Moving Average (WMA) made a bullish crossover pattern.
The Relative Strength Index (RSI) and the MACD indicator have continued rising, a sign of momentum. Therefore, the SHIB price will likely rise to $0.00005458 by December 31. This price target is established by measuring 67% from the upper side of the cup.
On the flip side, a drop below the major S&R pivot point at $0.000025 will invalidate the bullish Shiba Inu price prediction. If this happens, the next point to watch will be the 200-day moving average at $0.00001890.
SHIB Has Multiple Catalysts Ahead Shiba Inu price has numerous catalysts that could push it higher in the next few days. The coin’s burn rate has continued rising, with over 410 trillion tokens being burned since its inception. Over 5.3 trillion $SHIB coins have also been staked.
Shiba Inu could benefit from the ongoing crypto bull run, now that Bitcoin has moved above $100,000. $SHIB
NEIROCTO is holding strong on its support level! This could be a sign that a bullish rally is on the horizon. 📈 What's happening? 🤔 NEIROCTO has been consolidating within a range for some time. However, the recent price action suggests that the bulls may be gaining momentum. If the price can break above the upper resistance level, we could see a significant upward move. What should you do? 🤔 * Watch the price action: Keep an eye on the price and volume. If the price breaks above the resistance level with strong volume, it could be a bullish signal. * Do your own research: Before making any investment decisions, it's important to do your own research and understand the risks involved. * Invest wisely: Only invest what you can afford to lose. * Stay informed: Keep an eye on the market and be prepared to adjust your strategy as needed. Let's 🚀 to the moon together! 🚀 Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.$BTC $NEIRO
Binance, the crypto giant, is cleaning house! Several trading pairs are being delisted on July 6th, 2024 due to low liquidity and trading volume. This means saying goodbye to ECB/BTC, IOST/BTC, and LINA/BTC. Binance assures users they'll still have access to these assets through different pairings. However, don't forget to adjust any trading bots using these soon-to-be-delisted pairs to avoid issues. This move highlights the ever-changing crypto market, where some coins flourish while others fade. For users, it's a reminder to stay updated on exchange listings to manage their crypto holdings effectively.