Bitcoin’s price has recently experienced a decline following news of conflict in the Middle East. However, the market has seemingly found a footing. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart The daily chart shows that the price has recently broken below the $64K level and the 200-day moving average in the same area.
Since its inception, Dogecoin (DOGE) has come a long way, from being ridiculed as a meme coin and later being in the limelight mainly due to the fan base and endorsements from prominent people.
As bitcoin enters Q4 2024, investors question if this cycle will break from past trends, driven by global adoption, institutional interest, and supply factors.
PEPE’s recent price action is raising concerns among traders, as bullish momentum appears to be fading. After attempting to rebound, the token faced strong resistance at the $0.00000963 mark, signaling a potential shift in market sentiment. With bulls struggling to maintain control and selling pressure mounting, the door is now open for further downside movement,
Two meme coins, Popcat (POPCAT) and Cutoshi (CUTO), are turning out to be some of the best investment alternatives in the crypto industry. A look at the growth trajectory of POPCAT has shown the project’s market cap adding over 6,000% in value to underscore the growing momentum of the token so far in 2024. Meanwhile, The post Popcat Price Soaring as Market Cap Reaches $1 Billion! Meanwhile, Whales Dive into the Cutoshi (CUTO) Presale appeared first on Times Tabloid .
Recently, Crypto Bull (@CryptoBull2020), a popular figure in the cryptocurrency space, drew attention to an interesting pattern in XRP’s price behavior. According to him, XRP is currently following the same trajectory it experienced before its explosive growth of over 80,000% in 2017. The chart accompanying his analysis highlights several key technical indicators that suggest history The post Analyst Believes XRP Is About to Recreate 2017 80,000% Surge. Here’s why appeared first on Times Tabloid .
A new report from an HSI agent debunks myths about crypto's use in crime, instead stressing its role in preventing illicit activity.
Trump Ends SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Ends SEC (TRUMESEC), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMESEC is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Ends SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early
As the Dogecoin price hovers around $0.108, analysts are buzzing with excitement about the potential of Rollblock. While DOGE has made a name for itself as a popular meme coin, RLBK is stepping into the spotlight with a much more practical purpose. Currently in stage 7 presale, RLBK is backed by a unique GambleFi platform The post Analysts Speculate Rollblock To Overtake Dogecoin Price With Superior Utility and Expansion appeared first on Times Tabloid .
According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met. Related Reading: Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable? Bitcoin MVRV, CQ Bull & Bear Indicators Show Market Uneasiness In a Quicktake post on CryptoQuant, an analyst with username burakkesmeci shares that the Bitcoin market is currently set for key price movements. Based on the MVRV Ratio and CQ Bull & Bear metric, burakkesmeci notes that Bitcoin investors are presently showing a significant level of market anticipation. For context, the MVRV Ratio compares the current price of Bitcoin to its realized value i.e. the price at which the asset last moved on-chain. It is generally used to indicate if Bitcoin is undervalued or overvalued relative to its realized value. When the MVRV ratio crosses above its 365-day Simple Moving Average (SMA 365), it indicates a bullish trend as investors are seeing a year-to-date gain on their assets. However, burakkesmeci notes that Bitcoin’s MVRV currently at 1.90 has been hovering just below its SMA 365 (2.03) since July showing the BTC market remains in a steady position waiting for a breakout. The analyst has also observed a similar pattern in the CQ Bull & Bear indicator which measures recent price action relative to longer-term price movements. According to burrakesmeci, the CQ Bull & Bear metric has been oscillating slightly below its SMA 365 (0.46) since August enforcing the notion that the Bitcoin market is in a holding pattern. Related Reading: Bitcoin Investors Show Fear – Could A Price Bottom Be Imminent? Factors That Will Spark A Bitcoin Rally For Bitcoin to experience a bullish breakout from its current holding position, burakkesmeci highlights certain events that must occur. First, he notes that the Federal Reserve must fully engage in a rate-cut cycle, gradually lowering interest rates over time. Interestingly, following a 50 basis points cut in September, market experts are tipping the Fed to implement another 25% cut at their next FOMC meeting in November. Another bullish factor highlighted by burakkesmeci is an impending quantitative easing which will see the US government inject liquidity into the economy. It is expected that higher liquidity will allow individuals to explore risky investments such as Bitcoin. At the time of writing, Bitcoin trades at $62,009 with a 0.02% loss in the past 24 hours. Meanwhile, the asset’s daily trading volume is down by 53.80% and valued at $12.97 billion. Featured image from StomGain, chart from Tradingview