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Showing posts with the label trend

Dogecoin set for potential surge as DOGE holds above bullish trends

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Meme cryptocurrency Dogecoin (DOGE) has established itself as a major player in the financial sector, especially within payment systems. With a substantial market cap of approximately $28 billion and over 7 million active on-chain holders, Dogecoin’s practical utility extends beyond its initial playful image. Dogecoin is showing a bullish trend , stabilizing its price above the $0.15 support level amid positive market sentiment. This performance aligns with the broader expectations within the Dogecoin community, which is optimistic about the coin’s potential rise toward the $1 threshold. Crypto trading expert Kevin , formerly known as OG_Yomi On X, recently expressed a bullish outlook on Dogecoin’s performance relative to Bitcoin in an X (formerly Twitter) post on April 24.  Picks for you Meta spends $8m lobbying as Congress passes TikTok ban 41 seconds ago Hedera (HBAR) price prediction as confusion hits over BlackRock’s tokenized fund 9 mins ...

Shiba Inu: Whale Transfers 4.25T SHIB, Is an Uptrend Incoming?

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In a very interesting development for the Shiba Inu ecosystem, a whale has transferred an astronomical 4.25 trillion SHIB. Indeed, Whale Alert recognized the transfer that was worth a whopping $44.91 million. Interestingly, the transaction preceded one of similar size just a few days earlier. Specifically, December 26th witnessed another Shiba Inu whale transaction take place. At that time, 2.28 trillion SHIB was on the move in a transfer that was worth more than $23 million. Those tokens were reportedly shifted from the Binance exchange into an unknown wallet. However, could the conjoining transfers be signs of greater price movement soon? 🚨 🚨 4,253,619,279,051 #SHIB (44,909,712 USD) transferred from unknown wallet to unknown wallethttps://t.co/BBTttRFHNO — Whale Alert (@whale_alert) December 29, 2023 Also Read: Shiba Inu: What Will You Do If SHIB Reaches $0.01? SHIB Whale Moves 4.25 Trillion Tokens in Massive $44 Million Transfer Few digital as...

Solana's Price Uptrend Stops At $75 And Threatens To Sink

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Dec 18, 2023 at 06:43 // Price Author Coin Idol The price of Solana (SOL) is still within the positive trend zone, even though the upward trend has come to a standstill. Solana price long term forecast: bullish On December 8, the current up trend was interrupted at the high of $75. The bullish momentum reached a high of $77 and $79 on December 9 and 15, respectively, but was rejected. The cryptocurrency traded below the recent high last week in anticipation of an up trend . Solana will reach a high of $100 if it breaks the previous high. The 21-day SMA su...

North America leads in crypto usage trend, Chainalysis says

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The recent report from Chainalysis offers an insightful look into the crypto market in North America, examining its global dominance, the impact of institutional investments, etc. The Chainalysis report posted on Oct. 23 shows the dominant position of the United States in the global crypto currency market. The country accounted for over $1 trillion in transaction volume from July 2022 to June 2023, and when combined with Canada, nearly a quarter of the global transaction volume. This impressive figure is primarily attributed to significant engagement from large institutional investors, with transactions of $1 million or more comprising 76.9% of the region’s transaction volume. Crypto transactions across the world | Source: Chainalysis However, the crypto landscape has experienced fluctuations, notably after the FTX exchange incident and the commencement of Sam Bankman-Fried’s criminal trial, which led to a contraction in activity. This situation was further exacerbated by t...