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Showing posts with the label market sentiment

Solana Drops To $185 Support Amid SEC ETF Delay, But Analysts Eye Massive Breakout

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Here is what XRP needs to be the ‘next big mover’

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Cryptocurrency trader and author Scott Melker has emphasized that after XRP’s explosive move from trading below the $1 mark, the token still has significant potential for a big move in the near future. According to Melker, XRP’s path to becoming the “next big mover” involves more than just its recent history of rapid price action, he explained in an interview with David Lin published on May 17. Melker highlighted that XRP’s breakout was driven by several key developments, including its effective classification as “not a security,” which removed a major regulatory overhang. This legal clarity allowed the token to gain momentum in the optimism of the post-election market.  Further boosting sentiment, XRP was included in spot exchange-traded fund (ETF) applications and the possibility of being part of the United States’ strategic digital asset stockpile, reinforcing its status as a major player in the market. However...

XRP ‘setting up for a bull rally to $15’, says expert

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XRP is signaling a possible bullish breakout, likely to elevate the asset to a new all-time high in the double digits.  This possibility comes as XRP consolidates just above the crucial $2 spot, with the $2.5 zone as the next immediate resistance to watch. According to prominent cryptocurrency analyst Ali Martinez, XRP could potentially hit a $15 valuation because the digital asset has broken out of a symmetrical triangle pattern on the monthly chart, as noted in an X post on March 16. Picks for you XRP price prediction as number of addresses hits 7 million record high 23 hours ago Commodity strategist warns Bitcoin could drop to $10,000 1 day ago ...

ONDO Cryptocurrency to Surge 110% In March Amid TVL Climb?

Ondo Finance’s native cryptocurrency is experiencing a trading volume boost this week, with Friday seeing over $440.31M worth moved. The asset is down over 50% from its all-time high of $2.14 last December. Fortunately, investors don’t seem phased, still swooping up the cryptocurrency amid a larger dip. Could ONDO reclaim its all-time high and boom further by as much as 110%? Despite its latest drop in price, the ONDO community seemed to be quite optimistic about a potential uptick. According to CoinMarketCap’s community sentiment data, about 87% of the market is bullish about the coin’s rise in the near future. Meanwhile, about 13% of them were not confident about the asset’s ascent. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at the start of the year. ...

GME Ethereum partners up with Stocktwits

GME Ethereum (GME), a cryptocurrency and platform dedicated to promoting financial decentralization, has partnered up with Stocktwits, the social media platform for traders, investors, and market professionals, as reported to Finbold on Monday, February 24. Inspired by the 2021 GameStop (NYSE: GME) short squeeze, which led to GameStop shares skyrocketing by 179% over three days, GME Ethereum relies on blockchain transparency and security to promote financial autonomy. Promoting GME Ethereum visibility Trying to establish itself in the meme finance space and the crypto industry at large, GME Ethereum has joined forces with Stocktwits to help users track the meme coin’s price movements, monitor market sentiment, and partake in real-time discussions. Picks for you If you put $1,000 in Nancy Pelosi's 2025 stock purchases, here is your ...

Best Crypto to Buy Right Now October 8 – XRP, Aptos, Conflux

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Whale activity in the cryptocurrency market has increased for several leading altcoins over the past few days, particularly for projects like Cronos (CRO) and Circle’s USDC. These significant wallet movements coincide with Bitcoin hovering above the $60,000 mark, suggesting potential market shifts. This surge in whale transactions is significant because large trades by institutional or high-net-worth investors often indicate a potential shift in the price of a digital asset. While the overall market sentiment stays steady, investors focus on the best crypto to buy right now with potential future growth. Monitoring market signals can help identify promising cryptocurrencies for investment.  Best Crypto to Buy Right Now Recently, Franklin Templeton announced a partnership with the Aptos Foundation to introduce the OnChain U.S. Government Money Fund (FOBXX) on the Aptos blockchain. Meanwhile, XRP has gained robust support from its community and developers, who are optimistic...

Analysts Predict “Biggest” And “Craziest” Bull Run Yet As Bitcoin Struggles To Stay Above $55K

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Crypto analysts forecast a monumental bull cycle for Bitcoin and the broader crypto market, even as BTC struggles to stay above $55K. Upcoming rate cuts from the US Federal Reserve, a weakening economy, and increased global liquidity from China are factors contributing to what could be the “biggest bull cycle ever,” according to renowned trader and analyst Michael van de Poppe in a Sept.8 post on X. Pseudonymous analyst Kaleo shares this bullish outlook, telling his 646K followers on X that the market could soon enter its “craziest bull” cycle yet. Both analysts agree that the current macroeconomic conditions are setting the stage for a historic run in the crypto market. Bitcoin Could Dip To $45K Before Entering A 2-Year Bull Run Commenting on short-term price movements, van de Poppe said that “liquidity was taken and Bitcoin is back up” to over $54K. He predicted that BTC might rise to $55.5K before “final corrections,” which could ...

Most Trending Cryptocurrencies On DEXTools Today – Pooku, DuckyDuck, BluePEPE

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Prices across the crypto market hold steady today after a week-long price volatility. Similarly, investors’ market sentiment is gradually improving, as revealed by the Fear/Greed index. In addition, Ethereum might see some upside in the coming weeks as the token shows strength around the $2600 level.  While prices are improving marginally across the market, the top trending cryptos on DEXTools are posting starting price movements. Today’s post explores the price and market data of these tokens.  Most Trending Cryptocurrencies on DEXTools The article covers the reasons behind their market movement. Also, it offers insight into how each token’s price may move in the coming week. Apart from the update on trending crypto tokens, investors will also find the details of the ongoing PlayDoge presale. 1. Pooku (Pooku) Pooku is a new meme coin project that’s currently working its way up the ranks. The project’s mascot, which is also a dog, is dubbed t...