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Glassnode data shows Bitcoin retail activity remains low despite the rally, with short-term holdings at bear market levels and NFT-related gas usage on Ethereum down from 40% in 2021 to 2%.
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📊 Celestia ($TIA ) Aims For Breakout above $5, But Faces Challenge Celestia (TIA) has experienced a notable 12% price jump over the past 24 hours, signaling a potential breakout above $4. Despite the positive momentum, the broader market cues continue to present challenges that could limit TIA’s upward trajectory. However, the current price action suggests the altcoin could maintain its bullish trend. 🔸 #Celestia Is Aiming Higher The Relative Strength Index (RSI) for Celestia has recently reached a near three-month high, reflecting the strength of the altcoin’s bullish momentum. This increase in RSI indicates that TIA’s price could continue rising if the current factors persist. Notably, TIA exhibits an inverse correlation of -0.69 with Bitcoin, meaning that its price is less influenced by BTC’s movements. This further supports the outlook that TIA could break higher and see further gains, especially if investor sentiment remains positive. With the RSI signaling an increase in bullish strength, TIA’s momentum could continue upward. Should these trends hold, the altcoin may experience a continuation of its uptrend, making a potential breakout above the $4.00 resistance level increasingly likely. Celestia’s price action is also affected by broader market cues, with the Ichimoku Cloud indicating bearish trends in the overall market. At present, TIA remains above the candlesticks, suggesting that the altcoin is somewhat shielded from these market pressures. However, if TIA investors begin selling for profits, the altcoin’s dependence on broader market trends may increase, which could pose challenges to its price stability. 🔸 #TIA Price Is Preparing For A Breakout Currently, TIA is trading at $4.09, up by 12% from the previous day and holding above the support level of $3.88. Moving within an ascending channel, TIA seems poised for a breakout. A successful breakout could propel the altcoin by 21.8%, pushing its price above the $5.00 mark, marking a six-week high for TIA.
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🪙 Will Litecoin ($LTC ) Price Surge Past $350 Amid Bullish Breakout? Recent data indicates that Litecoin registered significant volume increases, which created strong price fluctuations that attracted many traders and investors. Technical indicators currently point towards increasing value, which leads analysts to speculate whether Litecoin can achieve $350. 🔸 #Litecoin Price Current Breakout Targets a 168% Data from recent market activity indicates Litecoin has shown a successful breakout which may lead to a distinct price movement direction. Analyst Javon Marks predicts the cryptocurrency will reach $354.36 which would amount to a 168% growth from its current value. The price prediction integrates multiple technical signals along with historical market trends. Notably, market sentiment directions often signal through breakouts that signal upward price sustainability. When Litecoin exceeds its past resistance, it creates potential for increased value in the following months. 🔸 Volume Spikes and Higher Lows More so, the historical price movement of Litecoin features growing investor confidence due to accelerating volume and increasing lows. Significant market events become evident through volume spikes because such spikes demonstrate that retail and institutional investors actively participate in Litecoin’s price movement. The price action showing increasing bottoms indicates investor interest to buy at progressively higher levels and thus confirms an upward trend trajectory. These technical signals suggest that Litecoin could be entering a more sustained upward phase, with increased investor participation contributing to further price appreciation. 🔸 Key Resistance to Hold for #LTC Price Ascent Meanwhile, for Litecoin price to reach its $350 target while maintaining upward momentum, it needs to sustain positions above the critical support points at $122. The price must maintain a position above the resistance levels at $128 and $130 to avoid market reversals or pullbacks.
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⚡️ Will Cardano Price Hit $1 by March 2025 as 12.54B $ADA Whales Accumulate? Cardano price has experienced a slight recovery following a week of market bearishness. Currently, ADA is holding above its support level, showing potential for a bullish trend in the near future. The recent upward movement has sparked discussions about whether Cardano could reach $1 by March 2025, especially with 12.54 billion ADA tokens being accumulated by whales in the past 24 hours. 🔸 How Whale Accumulation Could Push Cardano Price to $1 by March 2025 The recent accumulation of 12.54 billion ADA tokens by large holders has sparked interest in the potential price movement of Cardano. Over the past month, data shows an increase in whale activity, with significant buys pushing the price upward. As ADA whales continue to accumulate, the overall market sentiment remains optimistic, creating a potential for the price to hit $1 by March 2025. Large whale movements have had a strong influence on the price of ADA, driving its volatility. The ongoing accumulation could create upward momentum as these whales take positions ahead of anticipated market trends. If the buying pressure continues and broader market conditions align, ADA might see a price surge that reaches or exceeds the $1 mark in the coming weeks. 🔸 #ADA Technical Analysis The ADA price is trading at $0.6349 as of March 1, 2025. The Cardano price market is seeing fluctuations, with the price remaining within a narrow range of $0.6349 to $0.50. This follows the crypto market recovery, with BTC seeing a slight surge. This ADA follows a period of consolidation, with some bullish movements pushing it higher earlier in the month. ADA is facing challenges breaking above $0.700, a resistance level that has been difficult to surpass. The Relative Strength Index (RSI) is at 41, showing that the market is in a neutral state but could potentially shift toward a bullish direction. The Moving Average Convergence Divergence (MACD) indicator suggests mixed signals. #Cardano
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⚖️ $XRP vs SEC: Could Ripple Be Blocking the Lawsuit Dismissal for a Bigger Win? As the SEC’s case against Ripple continues to make headlines, many are left wondering: why the silence? Despite the SEC’s recent activity, which saw cases dropped against major players like Coinbase, Gemini and Robinhood, the Ripple case remains unresolved—and it’s far from simple. The Ripple-XRP case has reached a crucial point where a judge has already issued a split decision. On one hand, the SEC won a portion of the case, while Ripple claimed victory on another. The biggest takeaway? XRP was not classified as a security—a significant win for Ripple and its community. However, there are still unresolved issues, such as the finding of securities law violations and the potential penalties Ripple could face. Legal expert James Murphy aka Metalawman has a theory on the unexpected delay. He suggests that Ripple could be in active negotiations with the SEC to have some of Judge Torres’s decision vacated. Ripple could be looking for a better deal, particularly if they’re eyeing future securities offerings or an IPO. If both sides were to dismiss their appeals, Ripple could potentially settle with a $125 million penalty—but could they push for more? 💬 I have a Theory about the SEC’s unexplained delay in dismissing the @Ripple case.It might not be the SEC.It could be that @Ripple Network is negotiating hard to get the SEC to agree to vacate some or all of Judge Torres’ decision.The Torres decision was unquestionably GREAT for…— MetaLawMan March 1, 2025 However, Murphy also wrote, “It is far from a sure thing that a federal judge would agree to vacate a prior ruling as part of a settlement. This was fairly commonplace several years ago when I started in the law business, but judges started balking at this in more recent times.” Although this remains speculation, Murphy’s theory has gained support from figures like attorney John Deaton. #XRP #SEC #Ripple
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🇺🇸 Can #Crypto Market Crash Again After US Job Data This Week? The crypto market has been on a wild ride, with prices plummeting and recovering in dramatic fashion in response to various economic indicators. As investors and enthusiasts navigate this unpredictable landscape, all eyes are on the upcoming US job data release. The community remains anxious as a weaker job data could result in increased volatility. Notably, initial jobless claims surged to their highest level of the year last week, potentially signaling a slowdown in the labor market. With President Donald Trump reducing the government workforce, a weaker jobs report is expected. Let’s uncover how the upcoming jobs report could influence the crypto market. 🔸 Is a Weaker US Jobs Data Ahead? According to a Labor Department report on Thursday, new jobless claims jumped to 242,000 for the week ending February 22, surpassing expectations and reaching the highest level of 2023. The latest data hints at a slowdown in the labor market, potentially leading to the Federal Reserve’s interest rate cuts. Notably, jobless claims for the week ended February 22 jumped by 22,000 to 242,000, exceeding analysts’ forecasts of 225,000. Washington, D.C. saw a significant surge in new unemployment claims, totaling 2,047, which marks a 26% increase from the previous week. Unemployment filings in Massachusetts jumped by 3,731 to 9,179, while Rhode Island saw claims skyrocket by more than 200% to 2,964. 🔸 How Will the US Jobs Data Impact Federal Reserve’s Interest Rate Decision? Interestingly, the US employment data is a critical factor that significantly influences the Federal Reserve’s decision on interest rates. If the upcoming US jobs data reveals an increased unemployment rate, there is a higher possibility for the Federal Reserve to reduce interest rates. On the other hand, a strong job market can fuel inflation, prompting the Federal Reserve to take action to curb it, which may delay interest rate cuts.
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