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💥@Richard Teng , CEO of Binance makes a prediction on the next price of Bitcoin
💥Richard Teng, the Chief Executive Officer of the cryptocurrency exchange Binance, forecasts that Bitcoin will have a prosperous future and that the price of Bitcoin will approach or perhaps surpass the $80,000 level.
💥The United States government's decision earlier this year to authorize the formation of a Bitcoin exchange-traded fund (ETF) stimulated interest among institutional investors and resulted in the influx of fresh funds. Teng made this statement when he was speaking at an event in Bangkok: "We are just getting started."
💥In a previous prediction, Teng anticipated that Bitcoin would end the year at around $80,000. Despite this, he is now of the opinion that it will be higher than this amount since the supply is diminishing while demand is still high. This prognosis was Teng's own view, and he cautioned that the rally would not be a straight line. Teng underlined that this forecast was his personal opinion. He went on to say that the market would profit from both the highs and the lows.
💥Since the launch of exchange-traded funds (ETFs) for spot Bitcoin in the United States in January, there has been a steady stream of investment. Teng is anticipating that more foundations and family offices would raise their allocations to Bitcoin exchange-traded funds (ETFs) in the medium to short term.
#HotTrends #BTC #Binance
💥Richard Teng, the Chief Executive Officer of the cryptocurrency exchange Binance, forecasts that Bitcoin will have a prosperous future and that the price of Bitcoin will approach or perhaps surpass the $80,000 level.
💥The United States government's decision earlier this year to authorize the formation of a Bitcoin exchange-traded fund (ETF) stimulated interest among institutional investors and resulted in the influx of fresh funds. Teng made this statement when he was speaking at an event in Bangkok: "We are just getting started."
💥In a previous prediction, Teng anticipated that Bitcoin would end the year at around $80,000. Despite this, he is now of the opinion that it will be higher than this amount since the supply is diminishing while demand is still high. This prognosis was Teng's own view, and he cautioned that the rally would not be a straight line. Teng underlined that this forecast was his personal opinion. He went on to say that the market would profit from both the highs and the lows.
💥Since the launch of exchange-traded funds (ETFs) for spot Bitcoin in the United States in January, there has been a steady stream of investment. Teng is anticipating that more foundations and family offices would raise their allocations to Bitcoin exchange-traded funds (ETFs) in the medium to short term.
#HotTrends #BTC #Binance
Dogecoin Price Prediction: $800 Million Trading Volume Sends #DOGE green - Are Whales Awakening?
The newest Dogecoin price forecast shows a 2.75% gain to $0.150180 due to a $800 million 24-hour trading volume.
As this meme-inspired cryptocurrency ranks 8th on CoinMarketCap with a $21.64 billion market cap, market analysts anticipate on large-scale investment moves.
Dogecoin Leads Crypto Surge as Market Expects Major Changes
Bitcoin has risen 350% from $15,000 to $2.5 trillion, while Dogecoin, Ethereum, and XRP have grown significantly in the last year. This rise might alter cryptocurrencies this week, particularly with recent market moves and strategic remarks from key players.
Tesla CEO Elon Musk, who helped popularize Dogecoin, returned to the cryptocurrency conversation.
Musk's X executive revealed payment system intentions that might affect Dogecoin's value and place in the crypto market.
Trading for Dogecoin today centers around $0.1510. Dogecoin may rise if it stays over this pivot point. However, resistance levels around $0.1641, $0.1756, and $0.1848 must be broken for continuing growth.
Further support is available at $0.1427, $0.1339, and $0.1241, if selling pressure increases.
Bearish technical indications are there for Dogecoin. The Relative Strength Index (RSI) is 47, showing neutral but negative sentiment as it is below 50.
Additionally, the 50-Day Exponential Moving Average (EMA) is $0.1532, significantly above the current price, indicating a negative outlook.
A bearish engulfing candlestick formation below $0.1510 on the 4-hour chart adds to the gloomy attitude. Traders are wary due to this trend, which might predict future drops.
Below the $0.1510 pivot mark, technical indications and price patterns imply Dogecoin will fall. Failure to retake this level might put selling pressure on immediate support levels.
If Dogecoin breaks over $0.1510, it might end the gloomy trend and challenge higher resistance levels.
$DOGE #Memecoins #BTC
The newest Dogecoin price forecast shows a 2.75% gain to $0.150180 due to a $800 million 24-hour trading volume.
As this meme-inspired cryptocurrency ranks 8th on CoinMarketCap with a $21.64 billion market cap, market analysts anticipate on large-scale investment moves.
Dogecoin Leads Crypto Surge as Market Expects Major Changes
Bitcoin has risen 350% from $15,000 to $2.5 trillion, while Dogecoin, Ethereum, and XRP have grown significantly in the last year. This rise might alter cryptocurrencies this week, particularly with recent market moves and strategic remarks from key players.
Tesla CEO Elon Musk, who helped popularize Dogecoin, returned to the cryptocurrency conversation.
Musk's X executive revealed payment system intentions that might affect Dogecoin's value and place in the crypto market.
Trading for Dogecoin today centers around $0.1510. Dogecoin may rise if it stays over this pivot point. However, resistance levels around $0.1641, $0.1756, and $0.1848 must be broken for continuing growth.
Further support is available at $0.1427, $0.1339, and $0.1241, if selling pressure increases.
Bearish technical indications are there for Dogecoin. The Relative Strength Index (RSI) is 47, showing neutral but negative sentiment as it is below 50.
Additionally, the 50-Day Exponential Moving Average (EMA) is $0.1532, significantly above the current price, indicating a negative outlook.
A bearish engulfing candlestick formation below $0.1510 on the 4-hour chart adds to the gloomy attitude. Traders are wary due to this trend, which might predict future drops.
Below the $0.1510 pivot mark, technical indications and price patterns imply Dogecoin will fall. Failure to retake this level might put selling pressure on immediate support levels.
If Dogecoin breaks over $0.1510, it might end the gloomy trend and challenge higher resistance levels.
$DOGE #Memecoins #BTC
These Are the 3 'Forever Cryptos' You Must Have Before May
Coined in 2009 as a decentralized digital currency, #Bitcoin has now become the dominant cryptocurrency.
Ethereum: Approval of the spot #Ethereum ETF has been delayed by the SEC, although it is expected to be approved soon.
You may use cutting-edge technology and the #NULS platform's blockchain knowledge to create a product that dominates your industry.
Bitcoin
In 2009, Satoshi Nakamoto published a white paper describing Bitcoin, a decentralized currency that does not rely on conventional markets or central banks for its operations. Many early Bitcoin investors and aficionados found this appealing since Bitcoin emerged during the Great Recession. Due to the low price (less than a cent), only those with a genuine understanding of the objective could afford to trade.
Bitcoin is become a hot topic in the mainstream. From a low of $4,000 in 2021 to its current all-time high of $73,000, Bitcoin has gone a long way. Bitcoin has stuck to its original structure even during times of doubt, when splits were almost implemented.
Experts' forecasts for Bitcoin's value range greatly. According to Ark Invest's Cathie Wood, Bitcoin might reach $1 million in the near future, with a projection of $1.48 million by 2030. Nicholas Sciberras, an analyst, points out that Bitcoin's value has risen from a penny to almost $63,000 in April 2024, demonstrating the amazing growth of the cryptocurrency and the possibility of even greater gains.
Many see Bitcoin's promise as a solution to the problems caused by the insecurity of conventional financial institutions. This token may have a lot more space to go if problems with the US economy, including the increasing talk of stagflation, intensify. After this halving, there could be additional opportunity for upside due to its fixed supply and soaring demand.
Ethereum
Proposed Ethereum ETFs before regulators are Ethereum's most important forthcoming catalyst. Sadly, the Securities and Exchange Commission (SEC) will not be making a ruling until June 11. With the addition of a cash redemption scheme consistent with other Bitcoin ETFs, BlackRock has amended its ETF proposal and is now requesting public feedback from the SEC.
In spite of January's approval of spot Bitcoin ETFs, the SEC has maintained its prudence over cryptocurrency ETFs. Giving investors a regulated trading alternative, these Bitcoin ETFs that were introduced previously garnered a total net inflow of $12.42 billion. The second-largest cryptocurrency, Ethereum, might soon be accessible via exchange-traded funds (ETFs), paving the way for the mainstream use of digital assets.
Once the time comes for approval, there will definitely be a tremendous amount of institutional demand for spot Ethereum ETFs. On its own, I believe this trigger may propel Ethereum to new heights in the next year, and the underlying network effects brought about by Ethereum's status as the backbone of decentralized finance should ensure its continued ascent in the years to come.
NULS
To facilitate decentralized, user-defined networks, Nuls is a flexible blockchain platform. Nuls is a great platform for companies who want to use smart contracts and blockchain technology since it is flexible and can be adjusted to different needs.
The microkernel and modular nodes are the two primary parts of the Nuls platform. Core network operations, such as asset management and consensus processes, are provided by the microkernel. By providing user-specific solutions, the modular nodes make it possible to scale the platform to meet user demands.
NULS's ChainBox is a cutting-edge blockchain platform that was created to help businesses efficiently use blockchain technology. It uses smart contracts and cross-chain technologies to let businesses and developers build blockchain ecosystems and decentralized apps (DApps).
Facilitating contact between chains is a critical capability of ChainBox. This eliminates the requirement for a third party middleman and enables interoperability across various blockchains on the platform. Enterprises and developers alike benefit from this method's increased scalability and adaptability as they construct intricate decentralized systems that run on several blockchains.
Tokens like NULS make it easier to do things like stake and regulate the network. As an added bonus, it may be used to compensate those who have helped with the creation and maintenance of the network.
$BTC $ETH $NULS
Ethereum: Approval of the spot #Ethereum ETF has been delayed by the SEC, although it is expected to be approved soon.
You may use cutting-edge technology and the #NULS platform's blockchain knowledge to create a product that dominates your industry.
Bitcoin
In 2009, Satoshi Nakamoto published a white paper describing Bitcoin, a decentralized currency that does not rely on conventional markets or central banks for its operations. Many early Bitcoin investors and aficionados found this appealing since Bitcoin emerged during the Great Recession. Due to the low price (less than a cent), only those with a genuine understanding of the objective could afford to trade.
Bitcoin is become a hot topic in the mainstream. From a low of $4,000 in 2021 to its current all-time high of $73,000, Bitcoin has gone a long way. Bitcoin has stuck to its original structure even during times of doubt, when splits were almost implemented.
Experts' forecasts for Bitcoin's value range greatly. According to Ark Invest's Cathie Wood, Bitcoin might reach $1 million in the near future, with a projection of $1.48 million by 2030. Nicholas Sciberras, an analyst, points out that Bitcoin's value has risen from a penny to almost $63,000 in April 2024, demonstrating the amazing growth of the cryptocurrency and the possibility of even greater gains.
Many see Bitcoin's promise as a solution to the problems caused by the insecurity of conventional financial institutions. This token may have a lot more space to go if problems with the US economy, including the increasing talk of stagflation, intensify. After this halving, there could be additional opportunity for upside due to its fixed supply and soaring demand.
Ethereum
Proposed Ethereum ETFs before regulators are Ethereum's most important forthcoming catalyst. Sadly, the Securities and Exchange Commission (SEC) will not be making a ruling until June 11. With the addition of a cash redemption scheme consistent with other Bitcoin ETFs, BlackRock has amended its ETF proposal and is now requesting public feedback from the SEC.
In spite of January's approval of spot Bitcoin ETFs, the SEC has maintained its prudence over cryptocurrency ETFs. Giving investors a regulated trading alternative, these Bitcoin ETFs that were introduced previously garnered a total net inflow of $12.42 billion. The second-largest cryptocurrency, Ethereum, might soon be accessible via exchange-traded funds (ETFs), paving the way for the mainstream use of digital assets.
Once the time comes for approval, there will definitely be a tremendous amount of institutional demand for spot Ethereum ETFs. On its own, I believe this trigger may propel Ethereum to new heights in the next year, and the underlying network effects brought about by Ethereum's status as the backbone of decentralized finance should ensure its continued ascent in the years to come.
NULS
To facilitate decentralized, user-defined networks, Nuls is a flexible blockchain platform. Nuls is a great platform for companies who want to use smart contracts and blockchain technology since it is flexible and can be adjusted to different needs.
The microkernel and modular nodes are the two primary parts of the Nuls platform. Core network operations, such as asset management and consensus processes, are provided by the microkernel. By providing user-specific solutions, the modular nodes make it possible to scale the platform to meet user demands.
NULS's ChainBox is a cutting-edge blockchain platform that was created to help businesses efficiently use blockchain technology. It uses smart contracts and cross-chain technologies to let businesses and developers build blockchain ecosystems and decentralized apps (DApps).
Facilitating contact between chains is a critical capability of ChainBox. This eliminates the requirement for a third party middleman and enables interoperability across various blockchains on the platform. Enterprises and developers alike benefit from this method's increased scalability and adaptability as they construct intricate decentralized systems that run on several blockchains.
Tokens like NULS make it easier to do things like stake and regulate the network. As an added bonus, it may be used to compensate those who have helped with the creation and maintenance of the network.
$BTC $ETH $NULS
Crypto Trader: Best Altseason Since 2017 Unfolds as Bitcoin Price Slows
Bitcoin (BTC) and altcoins recovered beyond $64,000 before the April 28 weekly closure.
The monthly BTC/USD chart seems hopeful despite the stabilization below the previous cycle's all-time highs.
Bitcoin rose beyond $64,000 before the weekly closure on April 28 over the weekend. This time saw altcoins rebound.
Altcoins and Bitcoin Gain Momentum
Bitcoin recovered from weekly lows of $62,400 to $63,500. In out-of-hours trading, cryptocurrencies gained 1% in market cap.
Renowned trader Skew observed that cryptocurrencies have rebounded but must break the weekly high trend of Monday to Tuesday. He also claimed sell-side pressure may limit Bitcoin's growth.
Expecting a ‘Altseason’
Trader and analyst Moustache predicted a full-fledged "altseason" that might match anything seen since the market's 2017 peak. He said the biggest stablecoin Tether (USDT) trying to recoup after falling below a rising trendline this year was a “backtest”.
Altcoins grow when Tether's influence declines. Moustache said the “biggest Altseason since 2017 is loading”.
Some traders await conventional finance trading, such as Bitcoin futures, to gauge the crypto market's direction. Trader Daan Crypto Trades said weekend price activity was encouraging but doubted Bitcoin would rise till the CME reopens.
Bitcoin has been consolidating in a range below the previous cycle's all-time highs, but not all traders are dissatisfied. Trader Alan Tardigrade noted that Bitcoin is staying above the Triangle Top on the monthly chart, a positive indicator. He believed a lengthy Bull Run requires consolidation.
Tardigrade suggested similarities between Bitcoin and the 2013 Nasdaq Composite Index (IXIC) pre-breakout timeframe.
#Altseason #bitcoin #BTC
Bitcoin (BTC) and altcoins recovered beyond $64,000 before the April 28 weekly closure.
The monthly BTC/USD chart seems hopeful despite the stabilization below the previous cycle's all-time highs.
Bitcoin rose beyond $64,000 before the weekly closure on April 28 over the weekend. This time saw altcoins rebound.
Altcoins and Bitcoin Gain Momentum
Bitcoin recovered from weekly lows of $62,400 to $63,500. In out-of-hours trading, cryptocurrencies gained 1% in market cap.
Renowned trader Skew observed that cryptocurrencies have rebounded but must break the weekly high trend of Monday to Tuesday. He also claimed sell-side pressure may limit Bitcoin's growth.
Expecting a ‘Altseason’
Trader and analyst Moustache predicted a full-fledged "altseason" that might match anything seen since the market's 2017 peak. He said the biggest stablecoin Tether (USDT) trying to recoup after falling below a rising trendline this year was a “backtest”.
Altcoins grow when Tether's influence declines. Moustache said the “biggest Altseason since 2017 is loading”.
Some traders await conventional finance trading, such as Bitcoin futures, to gauge the crypto market's direction. Trader Daan Crypto Trades said weekend price activity was encouraging but doubted Bitcoin would rise till the CME reopens.
Bitcoin has been consolidating in a range below the previous cycle's all-time highs, but not all traders are dissatisfied. Trader Alan Tardigrade noted that Bitcoin is staying above the Triangle Top on the monthly chart, a positive indicator. He believed a lengthy Bull Run requires consolidation.
Tardigrade suggested similarities between Bitcoin and the 2013 Nasdaq Composite Index (IXIC) pre-breakout timeframe.
#Altseason #bitcoin #BTC
User access to #Terraform Labs will be severely limited in the United States after a recent verdict in an SEC complaint
As a result of the SEC's request to limit the business's activities, Terraform Labs alerted users that the court may compel the firm to discontinue certain operations.
Some goods and services offered by TFL will be inaccessible to consumers in the US.
On Monday, the price of LUNA dropped 2.25 percent.
On Thursday, blockchain startup Terraform Labs said that it would limit access to some services and products for users in the United States. The move comes as the business prepares for a court ruling in its ongoing legal fight with the US Securities and Exchange Commission (SEC).
Users in the United States will be unable to access Terraform Labs.
A recent tweet on X announced that Terraform Labs is making modifications to its business. In certain regions, the company has announced changes to active liquidity provisioning and product access via Terraform Labs (TFL).
In 2022, the Terra ecosystem collapsed due to the LUNA-UST sibling coins and UST depegging, costing $40 billion. As a result, the SEC filed enforcement charges against Terraform Labs and its creator, Do Kwon, requesting a New York court to punish the company $5.3 billion.
A "conduct injunction," which would require TFL to stop part of its operations, is something the company has mentioned as a possible outcome. In anticipation of this, Terraform Labs will next week limit access to some products and services for customers in the United States.
According to TFL, the company is opposed to geoblocking but feels it has no other option in this situation. The corporation assured that open source initiatives like Alliance and the Terra blockchain will be unaffected by the changes.
To comply with the court's order, the company will also begin liquidating its holdings on April 26.
As of this writing, one LUNA is trading hands for $0.6345, representing a 2.25% decrease this week.
#LUNA #LUNC $LUNC
As a result of the SEC's request to limit the business's activities, Terraform Labs alerted users that the court may compel the firm to discontinue certain operations.
Some goods and services offered by TFL will be inaccessible to consumers in the US.
On Monday, the price of LUNA dropped 2.25 percent.
On Thursday, blockchain startup Terraform Labs said that it would limit access to some services and products for users in the United States. The move comes as the business prepares for a court ruling in its ongoing legal fight with the US Securities and Exchange Commission (SEC).
Users in the United States will be unable to access Terraform Labs.
A recent tweet on X announced that Terraform Labs is making modifications to its business. In certain regions, the company has announced changes to active liquidity provisioning and product access via Terraform Labs (TFL).
In 2022, the Terra ecosystem collapsed due to the LUNA-UST sibling coins and UST depegging, costing $40 billion. As a result, the SEC filed enforcement charges against Terraform Labs and its creator, Do Kwon, requesting a New York court to punish the company $5.3 billion.
A "conduct injunction," which would require TFL to stop part of its operations, is something the company has mentioned as a possible outcome. In anticipation of this, Terraform Labs will next week limit access to some products and services for customers in the United States.
According to TFL, the company is opposed to geoblocking but feels it has no other option in this situation. The corporation assured that open source initiatives like Alliance and the Terra blockchain will be unaffected by the changes.
To comply with the court's order, the company will also begin liquidating its holdings on April 26.
As of this writing, one LUNA is trading hands for $0.6345, representing a 2.25% decrease this week.
#LUNA #LUNC $LUNC
💰💰💰Computers Predict Bitcoin's Massive Price Explosion to $80,000💰💰💰
The value of Bitcoin has remained stagnant for the last seven days, refusing to budge from its steadfast support at $64,000. Because of the market's lack of volatility, many investors are confused about what to do next. A top blockchain analytics company, CryptoQuant, has created a deep learning model that has introduced an unexpected twist.
A large price spike for Bitcoin is on the horizon, according to the model, which was trained on a large dataset of past price movements and on-chain activity. The research suggests that Bitcoin may reach a new ATH (all-time high) by crossing the $77,000 level in the next 30 days.
The AI Vision is Backed by Bullish Metrics
Although the AI's projection is intriguing, some experts are choosing to be patient. They provide a number of positive indicators that are consistent with the model's prediction. Bitcoin may be undervalued due to the sharp decline in the network-to-value (NVT) ratio, a measure used to determine an asset's relative worth.
Furthermore, there has been a decline in exchange reserves, which suggests that selling pressure has decreased. In conjunction with the model's forecast, these elements suggest that Bitcoin's near-term prospects might be bright.
Nevertheless, doubt lingers like a shadow. The cryptocurrency market's investor mood gauge, the Fear and Greed Index, is now squarely in the "greed" camp. Market corrections have often followed eras of great greed throughout history.
The present price stalemate may not be the beginning of a boom, but rather an indication of an overheated market ready for a correction, according to these fears.
Containment Prior to Possible Explosion?
The daily chart of Bitcoin, when analyzed technically, shows even more intricacies. A critical indication of short-term momentum, the price has failed on many occasions to break above its 20-day Simple Moving Average (SMA).
#bitcoinhalving #bitcoin #BTC $BTC
The value of Bitcoin has remained stagnant for the last seven days, refusing to budge from its steadfast support at $64,000. Because of the market's lack of volatility, many investors are confused about what to do next. A top blockchain analytics company, CryptoQuant, has created a deep learning model that has introduced an unexpected twist.
A large price spike for Bitcoin is on the horizon, according to the model, which was trained on a large dataset of past price movements and on-chain activity. The research suggests that Bitcoin may reach a new ATH (all-time high) by crossing the $77,000 level in the next 30 days.
The AI Vision is Backed by Bullish Metrics
Although the AI's projection is intriguing, some experts are choosing to be patient. They provide a number of positive indicators that are consistent with the model's prediction. Bitcoin may be undervalued due to the sharp decline in the network-to-value (NVT) ratio, a measure used to determine an asset's relative worth.
Furthermore, there has been a decline in exchange reserves, which suggests that selling pressure has decreased. In conjunction with the model's forecast, these elements suggest that Bitcoin's near-term prospects might be bright.
Nevertheless, doubt lingers like a shadow. The cryptocurrency market's investor mood gauge, the Fear and Greed Index, is now squarely in the "greed" camp. Market corrections have often followed eras of great greed throughout history.
The present price stalemate may not be the beginning of a boom, but rather an indication of an overheated market ready for a correction, according to these fears.
Containment Prior to Possible Explosion?
The daily chart of Bitcoin, when analyzed technically, shows even more intricacies. A critical indication of short-term momentum, the price has failed on many occasions to break above its 20-day Simple Moving Average (SMA).
#bitcoinhalving #bitcoin #BTC $BTC
Analyst a 700% Increase to $4 in 💰💰XRP💰💰 Value, According to Analysts, and Here's When
Despite bulls' struggles to boost XRP, positive expectations are returning. One optimistic prediction is a massive price surge by a bitcoin analyst. According to the analyst's social media post, XRP might reach $4 over time.
Over the last several days, XRP has fallen somewhat as the crypto market consolidates. Many of XRP's ardent fans have been disappointed this year, especially because it has failed to hit $1 as many experts projected.
Coinmarketcap says XRP is trading around $0.51 after retesting $0.435 on April 13. Analyst expects this to change shortly.
An analyst with a strong view of XRP recently remarked that the current price movement resembles the 2021 rise that saw it breach $1.8. Analyst arranged the price projection into blue and yellow areas that mirrored 2021 price trend.
The blue area shows a limited price trend that predicts XRP might reach $1.4 by June or July, with a range of $1.2 to $1.8. Yellow represents a positive price trend. If XRP continues 2021's yellow sector, it might hit $4 by June or July, according to the expert. An XRP price spike to $4 would set a new record.
Next for XRP?
Analyst is one of several crypto experts that believe XRP will rise. He still expects XRP to reach $27 in the long run. XRP is now at $0.5148, down 16.8% in 30 days.
In less than three months, bulls must boost the coin 677% to hit $4 in July. The volatility nature of cryptocurrencies implies this price surge is feasible, although current market dynamics imply moderate XRP price increases.
On-chain data suggest XRP may be becoming bullish. Recently, XRP wallets containing at least 1 million coins have increased, which may indicate a price increase.
#Ripple #XRP $XRP #BullorBear
Despite bulls' struggles to boost XRP, positive expectations are returning. One optimistic prediction is a massive price surge by a bitcoin analyst. According to the analyst's social media post, XRP might reach $4 over time.
Over the last several days, XRP has fallen somewhat as the crypto market consolidates. Many of XRP's ardent fans have been disappointed this year, especially because it has failed to hit $1 as many experts projected.
Coinmarketcap says XRP is trading around $0.51 after retesting $0.435 on April 13. Analyst expects this to change shortly.
An analyst with a strong view of XRP recently remarked that the current price movement resembles the 2021 rise that saw it breach $1.8. Analyst arranged the price projection into blue and yellow areas that mirrored 2021 price trend.
The blue area shows a limited price trend that predicts XRP might reach $1.4 by June or July, with a range of $1.2 to $1.8. Yellow represents a positive price trend. If XRP continues 2021's yellow sector, it might hit $4 by June or July, according to the expert. An XRP price spike to $4 would set a new record.
Next for XRP?
Analyst is one of several crypto experts that believe XRP will rise. He still expects XRP to reach $27 in the long run. XRP is now at $0.5148, down 16.8% in 30 days.
In less than three months, bulls must boost the coin 677% to hit $4 in July. The volatility nature of cryptocurrencies implies this price surge is feasible, although current market dynamics imply moderate XRP price increases.
On-chain data suggest XRP may be becoming bullish. Recently, XRP wallets containing at least 1 million coins have increased, which may indicate a price increase.
#Ripple #XRP $XRP #BullorBear
#MarketSentimentToday
In May, $SHIB Should Reach New ATH
Changelly predicted Shiba Inu's price from May to End of 2024 on Wednesday, April 24. Shiba Inu fell 14.06% after reaching record highs of $0.00004, according to CoinMarketCap.
Changelly analysts expect Shiba Inu prices to surpass all-time highs next month. They forecast the cryptocurrency to rise slowly to $0.000312 in April before exploding to $0.000087 by May.
Changelly expects May Shiba Inu prices to average $0.000034 and drop to $0.0000061. Analysts say Shiba Inu has been rising 22.22% in recent days due to good pricing fundamentals.
The cryptocurrency dropped sharply in March due to declining demand for meme coins. Changelly expects Shiba Inu to climb 11.97% by April 26, 2024.
According to CoinMarketCap, the coin is trading at $0.000025, up 1.35% in 24 hours and 12.58% in 7 days. Changelly boldly stated that Shiba Inu may become a “solid asset” in the volatile cryptocurrency industry if it breaks adverse trends and rises to projected levels.
Price Will Fall After Bullish Surge
Due to price swings, Changelly expects Shiba Inu to fall after its positive price projection in May. Crypto exchange analysts expect a June decrease of $0.00005, with a low of $0.000024 and a high of $0.000075.
Shiba Inu may fall to $0.000025 by July 2024. From August to October, Shiba Inu prices are expected to rise to over $0.00008.
Changelly has warned that the cryptocurrency may plummet in December despite its positive forecast. Shiba Inu may reach new lows of $0.000014 on average, with a minimum and highest trading value of $0.000014 and $0.000013.
#SHIB #Memecoins #BTC
In May, $SHIB Should Reach New ATH
Changelly predicted Shiba Inu's price from May to End of 2024 on Wednesday, April 24. Shiba Inu fell 14.06% after reaching record highs of $0.00004, according to CoinMarketCap.
Changelly analysts expect Shiba Inu prices to surpass all-time highs next month. They forecast the cryptocurrency to rise slowly to $0.000312 in April before exploding to $0.000087 by May.
Changelly expects May Shiba Inu prices to average $0.000034 and drop to $0.0000061. Analysts say Shiba Inu has been rising 22.22% in recent days due to good pricing fundamentals.
The cryptocurrency dropped sharply in March due to declining demand for meme coins. Changelly expects Shiba Inu to climb 11.97% by April 26, 2024.
According to CoinMarketCap, the coin is trading at $0.000025, up 1.35% in 24 hours and 12.58% in 7 days. Changelly boldly stated that Shiba Inu may become a “solid asset” in the volatile cryptocurrency industry if it breaks adverse trends and rises to projected levels.
Price Will Fall After Bullish Surge
Due to price swings, Changelly expects Shiba Inu to fall after its positive price projection in May. Crypto exchange analysts expect a June decrease of $0.00005, with a low of $0.000024 and a high of $0.000075.
Shiba Inu may fall to $0.000025 by July 2024. From August to October, Shiba Inu prices are expected to rise to over $0.00008.
Changelly has warned that the cryptocurrency may plummet in December despite its positive forecast. Shiba Inu may reach new lows of $0.000014 on average, with a minimum and highest trading value of $0.000014 and $0.000013.
#SHIB #Memecoins #BTC
Crypto Analyst: #Dogecoin Could Rally 2,500%, Possible Targets
Crypto researcher says Dogecoin (DOGE) might climb 2,500% in bull cycle. He identified meme coin bull run price goals in his study.
Dogecoin may rise beyond $3, since it consistently exceeds the 1.618 Macro FIB extension from past bull and bear market highs (previously Twitter). He said that DOGE's 1.1618 FIB on its chart is $3.80, suggesting it might overcome this price level.
The crypto researcher said Dogecoin may struggle to reach similar heights in this bull run “due to the market cap and capital saturation,” with more meme currencies on the market. He added that Dogecoin's history suggests it's doable.
Kevin also suggested $0.95 and $1.35 as “notable” price objectives for the meme currency if it doesn't reach $3 based on its previous performance. Kevin's opinion is more positive for Dogecoin, which some crypto experts expect to reach $1 this cycle.
Kevin is positive on Dogecoin despite its poor price performance. He predicted the meme currency would overcome its downturn but said it still needs “multiple weeks of upward price action away from achieving this bull market milestone.”
Recently, the crypto researcher said Dogecoin needs a monthly close over $0.16 to validate its bullish continuance. He said a closure above that level “would confirm a perfect retest of the previous bear market accumulation range” and boost “monthly momentum strongly for more upside.”
Current crypto market cap: $2.2 trillion. TradingView chart
Dogecoin Price Action: A Different View
Australian exchange Swyftx head analyst Pav Hundal cautioned that Dogecoin may not reach $1 as many expect. He added that crypto investors who acquired DOGE at its all-time high (ATH) of $0.73 at the pinnacle of the previous market cycle may sell it before it reaches that price level.
These investors may try to break even if Dogecoin achieves a new ATH, which might derail its $1 ascent. Hundal, like Kevin, mentioned meme coin market saturation and how Dogecoin may lose popularity.
#DOGE #elonMusk $DOGE #BTC
Crypto researcher says Dogecoin (DOGE) might climb 2,500% in bull cycle. He identified meme coin bull run price goals in his study.
Dogecoin may rise beyond $3, since it consistently exceeds the 1.618 Macro FIB extension from past bull and bear market highs (previously Twitter). He said that DOGE's 1.1618 FIB on its chart is $3.80, suggesting it might overcome this price level.
The crypto researcher said Dogecoin may struggle to reach similar heights in this bull run “due to the market cap and capital saturation,” with more meme currencies on the market. He added that Dogecoin's history suggests it's doable.
Kevin also suggested $0.95 and $1.35 as “notable” price objectives for the meme currency if it doesn't reach $3 based on its previous performance. Kevin's opinion is more positive for Dogecoin, which some crypto experts expect to reach $1 this cycle.
Kevin is positive on Dogecoin despite its poor price performance. He predicted the meme currency would overcome its downturn but said it still needs “multiple weeks of upward price action away from achieving this bull market milestone.”
Recently, the crypto researcher said Dogecoin needs a monthly close over $0.16 to validate its bullish continuance. He said a closure above that level “would confirm a perfect retest of the previous bear market accumulation range” and boost “monthly momentum strongly for more upside.”
Current crypto market cap: $2.2 trillion. TradingView chart
Dogecoin Price Action: A Different View
Australian exchange Swyftx head analyst Pav Hundal cautioned that Dogecoin may not reach $1 as many expect. He added that crypto investors who acquired DOGE at its all-time high (ATH) of $0.73 at the pinnacle of the previous market cycle may sell it before it reaches that price level.
These investors may try to break even if Dogecoin achieves a new ATH, which might derail its $1 ascent. Hundal, like Kevin, mentioned meme coin market saturation and how Dogecoin may lose popularity.
#DOGE #elonMusk $DOGE #BTC
#MarketSentimentToday
Bitcoin's Bull Flag Spurs $100,000 Demand
Bitcoin's bull flag suggests a trend reversal shortly as the flagship crypto achieves substantial gains. Crypto analyst: The crypto might reach $100,000 when it makes that move.
Zivoe Finance Head of Product Denis Baca remarked that Bitcoin's daily bull flag pattern typically indicates more gains. He said the bullish trend is “shaping up nicely” and Bitcoin might reach $100,000 once volume declines.
Baca said that Bitcoin might dip below $60,000 before exponential growth. He said that the crypto coin usually retests the 20-week SMA in May. This may lower Bitcoin to $56,000, he said.
Current crypto market cap: $2.2 trillion. TradingView chart
Baca said such price drops might be “healthy” for Bitcoin before a reversal. He said that these drops “offer solid buying opportunities,” which might boost Bitcoin to record highs.
Crypto analyst Mikybull Crypto also discussed Bitcoin's bullish tendency. He said the structure supports Bitcoin's bull run and precludes a negative reversal.
According to Wyckoff's rule of cause and effect, “the longer the consolidation, the more explosive the markup will be.” He warned that the next step up may be huge.
Bitcoin Needs A Catalyst To Rise
Nexo Head of Prime Brokerage Andrey Stoychev said Bitcoin prices won't climb without a trigger. He said the flagship crypto asset has robust support near $64,000, but without a trigger, it will trade around $67,000.
The Spot Bitcoin ETFs, which drove Bitcoin's price increases, have seen falling interest. Significant net outflows this month prompted fund issuers to sell Bitcoin to meet redemptions.
However, Stoychev believes Bitcoin won't go below $60,000. He expects Bitcoin to retrace to this level only if high interest rates last longer than projected, which might damage crypto asset sentiment.
Bitcoin is now selling at $62,900, down over 2% in 24 hours, according to CoinMarketCap.
#bitcoin #BTC $BTC
Bitcoin's Bull Flag Spurs $100,000 Demand
Bitcoin's bull flag suggests a trend reversal shortly as the flagship crypto achieves substantial gains. Crypto analyst: The crypto might reach $100,000 when it makes that move.
Zivoe Finance Head of Product Denis Baca remarked that Bitcoin's daily bull flag pattern typically indicates more gains. He said the bullish trend is “shaping up nicely” and Bitcoin might reach $100,000 once volume declines.
Baca said that Bitcoin might dip below $60,000 before exponential growth. He said that the crypto coin usually retests the 20-week SMA in May. This may lower Bitcoin to $56,000, he said.
Current crypto market cap: $2.2 trillion. TradingView chart
Baca said such price drops might be “healthy” for Bitcoin before a reversal. He said that these drops “offer solid buying opportunities,” which might boost Bitcoin to record highs.
Crypto analyst Mikybull Crypto also discussed Bitcoin's bullish tendency. He said the structure supports Bitcoin's bull run and precludes a negative reversal.
According to Wyckoff's rule of cause and effect, “the longer the consolidation, the more explosive the markup will be.” He warned that the next step up may be huge.
Bitcoin Needs A Catalyst To Rise
Nexo Head of Prime Brokerage Andrey Stoychev said Bitcoin prices won't climb without a trigger. He said the flagship crypto asset has robust support near $64,000, but without a trigger, it will trade around $67,000.
The Spot Bitcoin ETFs, which drove Bitcoin's price increases, have seen falling interest. Significant net outflows this month prompted fund issuers to sell Bitcoin to meet redemptions.
However, Stoychev believes Bitcoin won't go below $60,000. He expects Bitcoin to retrace to this level only if high interest rates last longer than projected, which might damage crypto asset sentiment.
Bitcoin is now selling at $62,900, down over 2% in 24 hours, according to CoinMarketCap.
#bitcoin #BTC $BTC
Bitcoin Bull Run to Return Following US Liquidity Spike of $1.4 Trillion, According to Crypto Billionaire Arthur Hayes
If crypto investor Arthur Hayes is correct in his prediction that next week the economy will see liquidity return as a result of Janet Yellen's policies Bitcoin might see a bull run revival.
Potentially reviving Bitcoin's fortunes are recent changes in the US economy. According to Hayes, Bitcoin and altcoins should now be watching Treasury Secretary Janet Yellen rather than the Federal Reserve's decision to keep interest rates unchanged.
Bitcoin Bull Run: Hayes's Thoughts on "Ignoring the Fed"
The US Treasury is scheduled to issue its quarterly refunding documents, which include liquidity management methods, on April 29. Within this paperwork, Hayes stresses the significance of two liquidity sources the Reverse Purchase Agreement (RRPS) and the Treasury General Account (TGA).
According to Hayes, Yellen is in a pivotal position within his hypothesis that calls for more money creation in the US before, during, and after the next presidential election. A possible $1.4 trillion infusion of liquidity might be generated by a $1 trillion outflow of TGA and $400 million in RRPs, which he brought forth.
Hayes predicted that the crypto bull market will re-accelerate and stock prices would rise if any of the three scenarios played out. "You should respect Yellen because she is a bad person and the Fed is unimportant."
The cryptocurrency's price has been rising steadily since its introduction to the public. Even if Bitcoin ETFs had the most successful launch ever there is still room for development.
Eric Balchunas an ETF analyst for Bloomberg, views the current decline in investment in BlackRock's iShares Bitcoin Trust (IBIT) as an inevitable development.
According to Balchunas "IBIT currently ranks 2nd in YTD flows" among all 10,698 registered funds in the USA, which includes ETFs, mutual funds and CEFs.
Cathie Wood, CEO of ARK Invest, thinks Bitcoin may go over $1 million and expects additional increases in this current trend.
#BTC #bitcoin
If crypto investor Arthur Hayes is correct in his prediction that next week the economy will see liquidity return as a result of Janet Yellen's policies Bitcoin might see a bull run revival.
Potentially reviving Bitcoin's fortunes are recent changes in the US economy. According to Hayes, Bitcoin and altcoins should now be watching Treasury Secretary Janet Yellen rather than the Federal Reserve's decision to keep interest rates unchanged.
Bitcoin Bull Run: Hayes's Thoughts on "Ignoring the Fed"
The US Treasury is scheduled to issue its quarterly refunding documents, which include liquidity management methods, on April 29. Within this paperwork, Hayes stresses the significance of two liquidity sources the Reverse Purchase Agreement (RRPS) and the Treasury General Account (TGA).
According to Hayes, Yellen is in a pivotal position within his hypothesis that calls for more money creation in the US before, during, and after the next presidential election. A possible $1.4 trillion infusion of liquidity might be generated by a $1 trillion outflow of TGA and $400 million in RRPs, which he brought forth.
Hayes predicted that the crypto bull market will re-accelerate and stock prices would rise if any of the three scenarios played out. "You should respect Yellen because she is a bad person and the Fed is unimportant."
The cryptocurrency's price has been rising steadily since its introduction to the public. Even if Bitcoin ETFs had the most successful launch ever there is still room for development.
Eric Balchunas an ETF analyst for Bloomberg, views the current decline in investment in BlackRock's iShares Bitcoin Trust (IBIT) as an inevitable development.
According to Balchunas "IBIT currently ranks 2nd in YTD flows" among all 10,698 registered funds in the USA, which includes ETFs, mutual funds and CEFs.
Cathie Wood, CEO of ARK Invest, thinks Bitcoin may go over $1 million and expects additional increases in this current trend.
#BTC #bitcoin
💰💰💰As Community Revises Burn Tax, Can Terra LUNA Classic Reach $100?
Even if the community changed the token's burn tax, Terra LUNA Classic is falling below its 21DMA.
#LUNA
After failing to break above its 21DMA for four days, LUNC was trading slightly around $0.0001050.
The LUNC burn tax modification didn't raise mood, perhaps because the burn rate stayed at 0.5%.
The recently approved proposal altered what happens to burnt tokens.
LUNC's Oracle Pool gets 10% of burnt tokens. Previously, 10% went to “rewards”.
As the crypto market suffers, Terra LUNC Classic may fall lower.
The macro background has hurt crypto prices this month. The latest Core PCE report indicates persistently strong US inflation.
It has caused investors to reduce Fed rate decrease wagers. Rising US bond rates and the dollar have hurt cryptocurrencies, like LUNC.
Terra LUNA Classic is down 34% this month and 60% from March's $0.00002550 highs.
Bearish technicals signal the sell-off may continue.
Terra LUNA Classic Price Prediction: LUNC's Future
Chat research reveals Terra LUNA Classic bears dominate the market.
The 21DMA has been a solid barrier since late March. The Terra LUNA Classic pricing has since fallen.
This week, LUNC saw heavy resistance from the March low, which it broke below in mid-April.
These are significant evidence of LUNC price cuts. In weeks, April lows just over $0.00007, a 30% decline from present levels, may be retested.
May LUNC Reach $100?
LUNC might hit $100 if the community burned enough tokens.
Assuming LUNC retains its $600 million market worth, $100 would be 6 million tokens.
The LUNC token supply exceeds 5.8 trillion. Burn 99.99999% of the token supply to reach 6 million.
Market cap growth may minimize the number of token burns needed to reach $100 for LUNC.
In May 2022, the Terra environment failed, rendering LUNC useless.
$LUNC is become a speculative shitcoin. Random 2-3x pumps may occur as risk appetite rises.
However, it is unlikely to become a multi-billion dollar currency.
#LUNC may hit $100
#TerraLunaClassic
Even if the community changed the token's burn tax, Terra LUNA Classic is falling below its 21DMA.
#LUNA
After failing to break above its 21DMA for four days, LUNC was trading slightly around $0.0001050.
The LUNC burn tax modification didn't raise mood, perhaps because the burn rate stayed at 0.5%.
The recently approved proposal altered what happens to burnt tokens.
LUNC's Oracle Pool gets 10% of burnt tokens. Previously, 10% went to “rewards”.
As the crypto market suffers, Terra LUNC Classic may fall lower.
The macro background has hurt crypto prices this month. The latest Core PCE report indicates persistently strong US inflation.
It has caused investors to reduce Fed rate decrease wagers. Rising US bond rates and the dollar have hurt cryptocurrencies, like LUNC.
Terra LUNA Classic is down 34% this month and 60% from March's $0.00002550 highs.
Bearish technicals signal the sell-off may continue.
Terra LUNA Classic Price Prediction: LUNC's Future
Chat research reveals Terra LUNA Classic bears dominate the market.
The 21DMA has been a solid barrier since late March. The Terra LUNA Classic pricing has since fallen.
This week, LUNC saw heavy resistance from the March low, which it broke below in mid-April.
These are significant evidence of LUNC price cuts. In weeks, April lows just over $0.00007, a 30% decline from present levels, may be retested.
May LUNC Reach $100?
LUNC might hit $100 if the community burned enough tokens.
Assuming LUNC retains its $600 million market worth, $100 would be 6 million tokens.
The LUNC token supply exceeds 5.8 trillion. Burn 99.99999% of the token supply to reach 6 million.
Market cap growth may minimize the number of token burns needed to reach $100 for LUNC.
In May 2022, the Terra environment failed, rendering LUNC useless.
$LUNC is become a speculative shitcoin. Random 2-3x pumps may occur as risk appetite rises.
However, it is unlikely to become a multi-billion dollar currency.
#LUNC may hit $100
#TerraLunaClassic
A Signal to Buy? Bitcoin Facing Pressure, But Whales Own More Than $331 Billion in BTC!
The on-chain data reveals something different, even if Bitcoin prices are stuck in a tight range and are struggling to gain momentum. One expert points out that the biggest cryptocurrency holders, known as "whales," are aggressively amassing the coin with the greatest market value, which brings us to X.
Bitcoin Extremavors Amassing Wealth Despite Market Decline
When this information was made public, Bitcoin whales had 5.1 million BTC, which was worth an incredible $331 billion. That there is still demand when the coin moves in a narrow range flies in the face of recent market weakness and skeptics betting on even more price dumps.
The current price of Bitcoin is between $60,000 and $73,800, firmly within a range. Even after the Halving on April 20, the currency has not been able to climb further, failing to breach beyond $70,000 despite general market optimism. Prices may be solid, but the lack of action after April 21 and 22 suggests they are weak.
If the price of BTCUSDT were to break over the middle BB, the market may see a dramatic explosion. The coin's momentum may take it to new heights if the recent surge is supported by good underlying developments.
When sellers start buying again, however, Bitcoin's price can fall considerably more. A negative signal was given by the strong rejection of bulls on April 24. So, this may trigger a series of lower lows, bringing the currency down to its April 2023 lows or perhaps lower.
Fearful Traders Record Massive Losses
Two of the largest cryptocurrency exchanges in terms of trading volume, Binance and OKX, have seen panic sellers unload 5,137 BTC worth of cryptocurrency at a loss over the last two weeks, according to data from parallel markets. Prices have been swooping downward over this period, according to the statistics, and bulls have been unable to halt the selloff, particularly after two consecutive losses on April 12 and 13.
#bitcoinhalving #BTC #Whale $BTC
The on-chain data reveals something different, even if Bitcoin prices are stuck in a tight range and are struggling to gain momentum. One expert points out that the biggest cryptocurrency holders, known as "whales," are aggressively amassing the coin with the greatest market value, which brings us to X.
Bitcoin Extremavors Amassing Wealth Despite Market Decline
When this information was made public, Bitcoin whales had 5.1 million BTC, which was worth an incredible $331 billion. That there is still demand when the coin moves in a narrow range flies in the face of recent market weakness and skeptics betting on even more price dumps.
The current price of Bitcoin is between $60,000 and $73,800, firmly within a range. Even after the Halving on April 20, the currency has not been able to climb further, failing to breach beyond $70,000 despite general market optimism. Prices may be solid, but the lack of action after April 21 and 22 suggests they are weak.
If the price of BTCUSDT were to break over the middle BB, the market may see a dramatic explosion. The coin's momentum may take it to new heights if the recent surge is supported by good underlying developments.
When sellers start buying again, however, Bitcoin's price can fall considerably more. A negative signal was given by the strong rejection of bulls on April 24. So, this may trigger a series of lower lows, bringing the currency down to its April 2023 lows or perhaps lower.
Fearful Traders Record Massive Losses
Two of the largest cryptocurrency exchanges in terms of trading volume, Binance and OKX, have seen panic sellers unload 5,137 BTC worth of cryptocurrency at a loss over the last two weeks, according to data from parallel markets. Prices have been swooping downward over this period, according to the statistics, and bulls have been unable to halt the selloff, particularly after two consecutive losses on April 12 and 13.
#bitcoinhalving #BTC #Whale $BTC
By April, can BNB reach $700? The race begins!
Despite the crypto market's decline, Binance's major cryptocurrency, BNB, has grown. BNB rose 18.4% to $607 after bottoming at $512 on April 17. This extraordinary comeback puts BNB in a strong position for a bullish pennant breakthrough and a higher token price.
The current developments surrounding BNB are one reason for its positive outlook. WuBlockchain announced the BNB Foundation's 27th quarterly token burn on Twitter. This burned 1,944,452.51 BNB tokens, worth $1.17 billion. This Foundation staking plan shows their commitment to a deflationary objective that promotes BNB's long-term development and prosperity.
According to the BNB price estimate, BNB's technical aspect bodes well. Critical indicators like EMA and DMI indicate a steady rise. BNB has received significant support from the 50-day EMA, and the bullish DMI crossing indicates rising trader confidence.
Financial professionals and analysts watch the BNB price chart's pennant formation, a technical pattern linked with strong upward movements. This often leads to an increasing trend that might drive prices higher. BNB might reach $775 if it overcomes this configuration. However, several experts are focusing on whether BNB will break $650 before month's end. Maintaining its current positive trends will be crucial to achieving this goal.
Instead, they may be external market movements or supply-related spikes. This may deviate from the trend and delay consolidation. Investors in this circumstance must be vigilant and analyze their trading techniques due to market volatility.
Other Binance network upgrades indicate a bright future and entice investors. BNB's rising use in online retail and decentralized banking shows its growing integration into the cryptocurrency and financial scene.
Its connection with the Ethereum Virtual Machine (EVM) and minimal operating and transaction costs make the Binance Smart Chain (BSC) popular among developers. As a result, Ethereum-based dApps have proliferated.
#BinanceLaunchpool #BNB $BNB
Despite the crypto market's decline, Binance's major cryptocurrency, BNB, has grown. BNB rose 18.4% to $607 after bottoming at $512 on April 17. This extraordinary comeback puts BNB in a strong position for a bullish pennant breakthrough and a higher token price.
The current developments surrounding BNB are one reason for its positive outlook. WuBlockchain announced the BNB Foundation's 27th quarterly token burn on Twitter. This burned 1,944,452.51 BNB tokens, worth $1.17 billion. This Foundation staking plan shows their commitment to a deflationary objective that promotes BNB's long-term development and prosperity.
According to the BNB price estimate, BNB's technical aspect bodes well. Critical indicators like EMA and DMI indicate a steady rise. BNB has received significant support from the 50-day EMA, and the bullish DMI crossing indicates rising trader confidence.
Financial professionals and analysts watch the BNB price chart's pennant formation, a technical pattern linked with strong upward movements. This often leads to an increasing trend that might drive prices higher. BNB might reach $775 if it overcomes this configuration. However, several experts are focusing on whether BNB will break $650 before month's end. Maintaining its current positive trends will be crucial to achieving this goal.
Instead, they may be external market movements or supply-related spikes. This may deviate from the trend and delay consolidation. Investors in this circumstance must be vigilant and analyze their trading techniques due to market volatility.
Other Binance network upgrades indicate a bright future and entice investors. BNB's rising use in online retail and decentralized banking shows its growing integration into the cryptocurrency and financial scene.
Its connection with the Ethereum Virtual Machine (EVM) and minimal operating and transaction costs make the Binance Smart Chain (BSC) popular among developers. As a result, Ethereum-based dApps have proliferated.
#BinanceLaunchpool #BNB $BNB
How does nuco.cloud compare to other providers in the decentralized cloud computing realm?
In the market for decentralized cloud computing, nuco.cloud distinguishes itself from its competitors by not keeping its own data centers. In its place, it makes use of the capabilities that are not being used inside the data centers that are already in existence. This helps to promote an ecologically friendly approach by eliminating the need for new physical infrastructure.
By using this method, we are able to provide competitive prices while also minimizing our effect on the environment. Additionally, nuco.cloud expands its approach to include non-public data centers, such as corporate or blockchain-specific facilities, providing these facilities with the option to monetize resources that are not being used immediately.
Due to the inclusive nature of this method, nuco.cloud's resource pool is diversified, and a wider variety of individuals are invited to become a part of its ecosystem.
What are the fundamental issues that are confronted by conventional cloud computing?
On the other hand, traditional cloud providers have substantial resource requirements for the operation and maintenance of massive data centers, which are seldom exploited to their full potential. This is made even more difficult by the fact that there is limited scalability, which necessitates the physical extension of infrastructures.
By exploiting the capacity of existing data centers that is not being used, Nuco.cloud provides an innovative solution to these difficulties. This supports a more effective use of resources and a more sustainable approach to resource management. Customers get the benefits of competitively reduced rates and the freedom to grow their resources in a flexible manner without having to be concerned about the constraints imposed by physical infrastructures.
nuco.cloud is an option in the cloud computing industry that is more cost-effective, adaptable, and environmentally friendly as a result of these tactics.
Can nuco.cloud guarantee that it will be able to satisfy the requirements of an expanding user base?
nuco.cloud has carefully integrated a huge network of big and various data centers in order to handle a rising user base. This integration ensures strong capacity and geographical diversity in order to reduce latency.
The capacity of nuco.cloud to flexibly grow its resources and better meet the ever-changing requirements of its customers is made possible by this wide network. As a reflection of our dedication to scalability and performance, we have made it a priority to continuously expand this data center pool. "The platform's decentralized hyperscaler architecture, which leverages blockchain technology for efficient and balanced resource distribution," is the fundamental component of its strategy.
A statement made by Mathias Wilhelm, Chief Technology Officer of nuco.cloud
This forward-thinking strategy eliminates bottlenecks and guarantees that nuco.cloud is capable of scaling without any disruptions, hence providing dependable cloud services that are able to adjust to the requirements of users in real time. A model like this illustrates the vision that nuco.cloud have in developing a cloud computing platform that is both scalable and efficient.
#nucocloud #NCDT #BTC #BullorBear
By using this method, we are able to provide competitive prices while also minimizing our effect on the environment. Additionally, nuco.cloud expands its approach to include non-public data centers, such as corporate or blockchain-specific facilities, providing these facilities with the option to monetize resources that are not being used immediately.
Due to the inclusive nature of this method, nuco.cloud's resource pool is diversified, and a wider variety of individuals are invited to become a part of its ecosystem.
What are the fundamental issues that are confronted by conventional cloud computing?
On the other hand, traditional cloud providers have substantial resource requirements for the operation and maintenance of massive data centers, which are seldom exploited to their full potential. This is made even more difficult by the fact that there is limited scalability, which necessitates the physical extension of infrastructures.
By exploiting the capacity of existing data centers that is not being used, Nuco.cloud provides an innovative solution to these difficulties. This supports a more effective use of resources and a more sustainable approach to resource management. Customers get the benefits of competitively reduced rates and the freedom to grow their resources in a flexible manner without having to be concerned about the constraints imposed by physical infrastructures.
nuco.cloud is an option in the cloud computing industry that is more cost-effective, adaptable, and environmentally friendly as a result of these tactics.
Can nuco.cloud guarantee that it will be able to satisfy the requirements of an expanding user base?
nuco.cloud has carefully integrated a huge network of big and various data centers in order to handle a rising user base. This integration ensures strong capacity and geographical diversity in order to reduce latency.
The capacity of nuco.cloud to flexibly grow its resources and better meet the ever-changing requirements of its customers is made possible by this wide network. As a reflection of our dedication to scalability and performance, we have made it a priority to continuously expand this data center pool. "The platform's decentralized hyperscaler architecture, which leverages blockchain technology for efficient and balanced resource distribution," is the fundamental component of its strategy.
A statement made by Mathias Wilhelm, Chief Technology Officer of nuco.cloud
This forward-thinking strategy eliminates bottlenecks and guarantees that nuco.cloud is capable of scaling without any disruptions, hence providing dependable cloud services that are able to adjust to the requirements of users in real time. A model like this illustrates the vision that nuco.cloud have in developing a cloud computing platform that is both scalable and efficient.
#nucocloud #NCDT #BTC #BullorBear
PEPE Coin rises 50% with whale support—what next?
With meme cryptocurrency PEPE rising almost 50% in seven days, the market pullback is welcome. With PEPE at $0.00000738, the bullish trend may continue. This gain is attributed to its loyal investors, notably whales, who have large holdings and have lately increased their stakes.
To far, these notable wallet holders have amassed 3.3 trillion PEPE worth $24.3 million in two weeks. The most accurate Pepe price estimate shows their holdings at 46.96 trillion tokens. These players showed their belief in this cryptocurrency's huge potential. In the current upswing, whales' aggressive purchasing has driven the coin's price higher.
BC.Game
PEPE is mostly interesting since it can turn most pennies into pricey stuff. Their determination has given meme coin the strength to rise. More than 92 trillion PEPE are reaching profitability for their investors, thus this price growth is expected to continue. Over $686 million in supplies was purchased for $0.00000700 to $0.00000890. At $0.00000738 per meme coin, this PEPE supply might be turned for profit.
They choose to hold their assets due to the higher return potential and expanding number of investors. Prices will undoubtedly rise further. Keep in mind that PEPE still has several technical issues. After bouncing off a falling wedge pattern, it confronts opposition at $0.00000826, a crucial level that has been a support and resistance zone.
This turning moment from opposition to support is crucial. If it succeeds, it will increase the likelihood of profiting from the 92 trillion PEPE and drive the digital asset to test higher resistance levels, notably at $0.00001007, if successful. This stage has 60% growth potential following a wedge pattern breakout.
However, these risks must be considered. PEPE may retreat and consider lower support if it fails to break the resistance level. This would set the currency's initial value at $0.00000633, which would significantly damage coin optimism. It might even drop to $0.00000474.
#PEPE #Memecoins $PEPE
With meme cryptocurrency PEPE rising almost 50% in seven days, the market pullback is welcome. With PEPE at $0.00000738, the bullish trend may continue. This gain is attributed to its loyal investors, notably whales, who have large holdings and have lately increased their stakes.
To far, these notable wallet holders have amassed 3.3 trillion PEPE worth $24.3 million in two weeks. The most accurate Pepe price estimate shows their holdings at 46.96 trillion tokens. These players showed their belief in this cryptocurrency's huge potential. In the current upswing, whales' aggressive purchasing has driven the coin's price higher.
BC.Game
PEPE is mostly interesting since it can turn most pennies into pricey stuff. Their determination has given meme coin the strength to rise. More than 92 trillion PEPE are reaching profitability for their investors, thus this price growth is expected to continue. Over $686 million in supplies was purchased for $0.00000700 to $0.00000890. At $0.00000738 per meme coin, this PEPE supply might be turned for profit.
They choose to hold their assets due to the higher return potential and expanding number of investors. Prices will undoubtedly rise further. Keep in mind that PEPE still has several technical issues. After bouncing off a falling wedge pattern, it confronts opposition at $0.00000826, a crucial level that has been a support and resistance zone.
This turning moment from opposition to support is crucial. If it succeeds, it will increase the likelihood of profiting from the 92 trillion PEPE and drive the digital asset to test higher resistance levels, notably at $0.00001007, if successful. This stage has 60% growth potential following a wedge pattern breakout.
However, these risks must be considered. PEPE may retreat and consider lower support if it fails to break the resistance level. This would set the currency's initial value at $0.00000633, which would significantly damage coin optimism. It might even drop to $0.00000474.
#PEPE #Memecoins $PEPE
#MarketSentimentToday
The supply of stablecoins reaches more over $50 billion in Q1 of 2024, while #TRON experiences a 10% rise
The first quarter of 2024 saw a quantity of stablecoins on TRON exceeding $50 billion.
Gains were seen in TRON's market capitalization, revenue, average DEX volume, and total value locked.
Since the start of 2024, the $TRX token has had a 10% rise.
According to a research by Messari, the blockchain-based digital platform TRON (TRX) saw growth in the first quarter of 2024. Several measures, including market capitalization, revenue, and total value locked (TVL), showed rises for TRON.
Stablecoins bring in $50 million for TRON in the first quarter of 2024.
Messari, a crypto intelligence tracker, found that in the first quarter of 2024, TRON's blockchain had significant growth across many important indicators. Currency Tether (USDT) on Tron surpassed $50 billion in Q1, according to the research. Since stablecoin traffic usually signifies fiat onramps, this is significant for market players. Increases in both the demand for assets and the inflow of money (from fiat to crypto via stablecoin) are signs of a growing market for stablecoin.
Effect on the pricing of TRON @Justin Sun孙宇晨
The circulating supply of TRON is one of the measures that might influence the price of the token. Token burn and TRX payouts affect the supply that is circulating. All user transaction fees are burned by the protocol, which reduces the quantity of TRON in circulation.
The circulating supply of TRON dropped from 88.2 billion to 87.7 billion in Q1 2024, according to data from Messari's report. The yearly inflation rate for TRON is -2.6%. The token's price has risen because of this, among other things.
Since the start of 2024, the price of TRON has increased by 10%. The current price of the token on Binance is $0.1184. #BTC #BullorBear
The supply of stablecoins reaches more over $50 billion in Q1 of 2024, while #TRON experiences a 10% rise
The first quarter of 2024 saw a quantity of stablecoins on TRON exceeding $50 billion.
Gains were seen in TRON's market capitalization, revenue, average DEX volume, and total value locked.
Since the start of 2024, the $TRX token has had a 10% rise.
According to a research by Messari, the blockchain-based digital platform TRON (TRX) saw growth in the first quarter of 2024. Several measures, including market capitalization, revenue, and total value locked (TVL), showed rises for TRON.
Stablecoins bring in $50 million for TRON in the first quarter of 2024.
Messari, a crypto intelligence tracker, found that in the first quarter of 2024, TRON's blockchain had significant growth across many important indicators. Currency Tether (USDT) on Tron surpassed $50 billion in Q1, according to the research. Since stablecoin traffic usually signifies fiat onramps, this is significant for market players. Increases in both the demand for assets and the inflow of money (from fiat to crypto via stablecoin) are signs of a growing market for stablecoin.
Effect on the pricing of TRON @Justin Sun孙宇晨
The circulating supply of TRON is one of the measures that might influence the price of the token. Token burn and TRX payouts affect the supply that is circulating. All user transaction fees are burned by the protocol, which reduces the quantity of TRON in circulation.
The circulating supply of TRON dropped from 88.2 billion to 87.7 billion in Q1 2024, according to data from Messari's report. The yearly inflation rate for TRON is -2.6%. The token's price has risen because of this, among other things.
Since the start of 2024, the price of TRON has increased by 10%. The current price of the token on Binance is $0.1184. #BTC #BullorBear
#MarketSentimentToday
Research and analysis: #XRP remains above $0.51, a critical support level.
With the exception of Monday, the price of XRP remained tightly ranged between $0.5576, which served as resistance, and $0.5137, which served as support. When the resistance level is broken, XRP traders might consider the likelihood of a rally up to $0.6431, the high point on April 9. The top of the Donchian Channel meets this level.
Both the $0.50 and $0.60 levels provide psychological support and resistance, respectively, for XRP. If the latter is broken, it can indicate that the trend of the altcoin's price is changing.
When entering a trade at the current price of XRP—which is at the channel's midpoint—speculators might aim for the $0.6431 goal, representing a 20% rise.
One technical indicator that traders may use to find entry opportunities in the market and determine whether momentum is good or negative is the Moving Average Convergence Divergence (MACD). The MACD for XRP displays green bars above the neutral line, and a bullish crossing occurred on April 21. The XRP price is heading upwards, according to this indicator.
A possible trend reversal might be indicated if the price of XRP falls approaching the bottom border of the channel. If prices fall below $0.5137, which acts as support, the bullish thesis will be proven wrong, and the cryptocurrency is likely to reach its next target at $0.4717, which is the 23.6% Fibonacci retracement of the collapse from $0.6431 on April 9th to $0.4188 on April 13th.
$XRP #BTC #Ripple
Research and analysis: #XRP remains above $0.51, a critical support level.
With the exception of Monday, the price of XRP remained tightly ranged between $0.5576, which served as resistance, and $0.5137, which served as support. When the resistance level is broken, XRP traders might consider the likelihood of a rally up to $0.6431, the high point on April 9. The top of the Donchian Channel meets this level.
Both the $0.50 and $0.60 levels provide psychological support and resistance, respectively, for XRP. If the latter is broken, it can indicate that the trend of the altcoin's price is changing.
When entering a trade at the current price of XRP—which is at the channel's midpoint—speculators might aim for the $0.6431 goal, representing a 20% rise.
One technical indicator that traders may use to find entry opportunities in the market and determine whether momentum is good or negative is the Moving Average Convergence Divergence (MACD). The MACD for XRP displays green bars above the neutral line, and a bullish crossing occurred on April 21. The XRP price is heading upwards, according to this indicator.
A possible trend reversal might be indicated if the price of XRP falls approaching the bottom border of the channel. If prices fall below $0.5137, which acts as support, the bullish thesis will be proven wrong, and the cryptocurrency is likely to reach its next target at $0.4717, which is the 23.6% Fibonacci retracement of the collapse from $0.6431 on April 9th to $0.4188 on April 13th.
$XRP #BTC #Ripple
Predictions for the Shiba Inu Price: Will Meme Coin Reach $0.001 This Year?
#MarketSentimentToday
Shiba Inu (SHIB), a parody coin inspired by Dogecoin, has once again set the cryptocurrency world ablaze with speculation. Armando Pantoja, a well-known Bitcoin investor, has laid down the gauntlet, saying that SHIB's price may skyrocket to $0.001 by the year 2025. Because of this lofty goal, people are talking again about SHIB's possibilities and whether or not it can break out of its meme-coin roots.
The history of SHIB is one of incredible development. Surprisingly, the meme coin's value increased by more than 80,000% in 2021. This incredible adventure captivated ordinary investors and made crypto millionaires. Nevertheless, SHIB's early value proposition was mostly fueled by its meme status and community excitement, in contrast to more established players such as Bitcoin and Ethereum.
Nevertheless, it seems like things are changing. Shiba Inu has been working hard to build its ecosystem since its creators know it needs more than simply viral appeal. With its planned debut on May 2nd, the forthcoming Shibarium hardfork is a key component of this endeavor. To improve the user experience and solve scalability issues, this release will incorporate Shibarium, a layer-2 scaling solution.
Is Shibarium the Next Ethereum?
There have been analogies made between the impending Ethereum 2.0 update and the possible effect of Shibarium. High transaction costs and network congestion have long plagued Ethereum, the second-largest cryptocurrency by market size and a victim of scaling problems.
By switching to a proof-of-stake consensus method, Ethereum 2.0 intends to solve these issues and provide reduced fees and better processing speeds. The market is lacking user-friendly alternatives, nevertheless, since its development has been delayed.
If Shibarium is successful, it may make SHIB a better choice for developers who want to create dApps. Developers concentrating on projects needing frequent interactions and reduced costs may be enticed away from Ethereum by Shibarium's quicker and cheaper transactions. Like Ethereum did when it first emerged to challenge Bitcoin's monopoly in the DeFi era, this situation might play out in a similar fashion.
Our community of innovators and developers will be empowered by a package of new features that will improve user experience. These changes will be introduced via an upcoming hard fork that is slated to be live on May 2nd.
Reaching $0.001 by 2025 is still a big deal, even if Shibarium is getting a lot of positive buzz. Because of this intrinsic volatility, the price of cryptocurrencies may be dramatically affected by unanticipated occurrences. For Shibarium to thrive in the long run, it needs developers and users to create a strong ecosystem, which in turn requires widespread acceptance.
The Shiba Inu cryptocurrency has lost 9 percent of its value in the last 24 hours, with a current price of $0.00002459. Shiba Inu prices would have to climb by almost 4,000% this year to be considered possibly more than $0.001.
In the meantime, there are those who are wary. They note SHIB's prior successes but blame the market and the dominance of Ethereum and other well-established cryptocurrencies. According to more cautious projections made by platforms like Telegaon, the highest price that SHIB may reach by 2025 is $0.0000728, which is lower than its all-time high.
#SHIB #BTC #ETH $SHIB $SHIB
Shiba Inu (SHIB), a parody coin inspired by Dogecoin, has once again set the cryptocurrency world ablaze with speculation. Armando Pantoja, a well-known Bitcoin investor, has laid down the gauntlet, saying that SHIB's price may skyrocket to $0.001 by the year 2025. Because of this lofty goal, people are talking again about SHIB's possibilities and whether or not it can break out of its meme-coin roots.
The history of SHIB is one of incredible development. Surprisingly, the meme coin's value increased by more than 80,000% in 2021. This incredible adventure captivated ordinary investors and made crypto millionaires. Nevertheless, SHIB's early value proposition was mostly fueled by its meme status and community excitement, in contrast to more established players such as Bitcoin and Ethereum.
Nevertheless, it seems like things are changing. Shiba Inu has been working hard to build its ecosystem since its creators know it needs more than simply viral appeal. With its planned debut on May 2nd, the forthcoming Shibarium hardfork is a key component of this endeavor. To improve the user experience and solve scalability issues, this release will incorporate Shibarium, a layer-2 scaling solution.
Is Shibarium the Next Ethereum?
There have been analogies made between the impending Ethereum 2.0 update and the possible effect of Shibarium. High transaction costs and network congestion have long plagued Ethereum, the second-largest cryptocurrency by market size and a victim of scaling problems.
By switching to a proof-of-stake consensus method, Ethereum 2.0 intends to solve these issues and provide reduced fees and better processing speeds. The market is lacking user-friendly alternatives, nevertheless, since its development has been delayed.
If Shibarium is successful, it may make SHIB a better choice for developers who want to create dApps. Developers concentrating on projects needing frequent interactions and reduced costs may be enticed away from Ethereum by Shibarium's quicker and cheaper transactions. Like Ethereum did when it first emerged to challenge Bitcoin's monopoly in the DeFi era, this situation might play out in a similar fashion.
Our community of innovators and developers will be empowered by a package of new features that will improve user experience. These changes will be introduced via an upcoming hard fork that is slated to be live on May 2nd.
Reaching $0.001 by 2025 is still a big deal, even if Shibarium is getting a lot of positive buzz. Because of this intrinsic volatility, the price of cryptocurrencies may be dramatically affected by unanticipated occurrences. For Shibarium to thrive in the long run, it needs developers and users to create a strong ecosystem, which in turn requires widespread acceptance.
The Shiba Inu cryptocurrency has lost 9 percent of its value in the last 24 hours, with a current price of $0.00002459. Shiba Inu prices would have to climb by almost 4,000% this year to be considered possibly more than $0.001.
In the meantime, there are those who are wary. They note SHIB's prior successes but blame the market and the dominance of Ethereum and other well-established cryptocurrencies. According to more cautious projections made by platforms like Telegaon, the highest price that SHIB may reach by 2025 is $0.0000728, which is lower than its all-time high.
#SHIB #BTC #ETH $SHIB $SHIB
