Although Solana (SOL) has dropped below the crucial $150 support level, the decentralized finance (DeFi) project is witnessing bullish sentiment … Continue reading The post Solana price prediction as whales move $3 billion worth of SOL appeared first on Finbold .
The post Ethereum (ETH) Battles Momentum Woes, Shiba Inu (SHIB) Gears Up for May 2nd Hard Fork, While Furrever Token (FURR) Sees Hype Surge in Presale appeared first on Coinpedia Fintech News Amidst the turbulent waters of the crypto markets, Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token (FURR) each navigate their own challenges and opportunities. Ethereum (ETH) grapples with momentum woes, while Shiba Inu (SHIB) prepares for a pivotal hard fork on May 2nd. However, amidst this volatility, Furrever Token (FURR) presents a compelling proposition to …
Ethereum (ETH) recently surpassed previous price levels. Whale and individual investor interest in ETH is increasing. Continue Reading: Ethereum Price Sees Significant Whale Activity and Market Interest
A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking industry. The Office of the Comptroller of the Currency (OCC) is issuing a consent order against ex-Wells Fargo operations senior manager Norman Desembrana for allegedly misleading customers, engaging in reckless unsafe and unsound practices and The post Former Wells Fargo Executive Pays $40,000 Fine, Exits Banking Industry After Allegedly Misleading Customers and Falsifying Documents appeared first on The Daily Hodl .
Render (RNDR), the cloud-based rendering network, is stirring excitement in the crypto market with technical indicators and analyst predictions hinting at a substantial price surge in the coming weeks or months. Related Reading: Is SUI Sinking? TVL Tanks As Crypto Price Fails To Keep Afloat Render Breaks Free From Technical Chains Technical analysis paints a bullish picture for RNDR. The token has recently broken out of a bullish technical pattern known as the Dragon Pattern, also referred to as the supply line. This breakout historically signifies a potential shift in momentum, with prices likely to trend upwards. RNDR 24-hour price action. Source: Coingecko Adding fuel to the fire, analysts are observing the formation of Three Rising Valleys on RNDR’s chart. This pattern suggests a potential market bottom has been established, indicating a reversal from previous downward trends. Furthermore, a bullish divergence on the four-hour chart hints at weakening selling pressure. In simpler terms, sellers are struggling to push prices down, failing to break below previous lows. $RENDER – It’s looking bullish in my opinion. Here is why 👇 • Dragon pattern aka the supply line which broke out already. • Potential 3 rising valleys in the making while we established a potential bottom. • 4 hour bullish divergence which means that sellers had a hard… pic.twitter.com/jMBzXWyG81 — Doji 🥷 (@SatsDoji) April 25, 2024 DoJi, a prominent crypto analyst, sees these technical indicators as a recipe for a price surge. Based on his analysis of the Three Rising Valleys, DoJi has set a price target of around $13 for RNDR. He even goes as far as suggesting a price explosion beyond $20 if historical price movements repeat themselves. According to DoJi, surpassing a key resistance level of $9.20 could be the catalyst that ignites this bullish momentum. RNDR Up 250% In 6 Months – But Can It Break Resistance? In the previous half-year, RNDR’s value rose by an astounding 250%. The pattern of impulsive and corrective moves in the price fluctuation points to a turbulent market. Forecasting the price trajectory of RNDR in the future offers both cautious and optimistic options. There is expected to be resistance at $10.90 and a larger barrier at $13.30. If the price drops, $6.18 or even lower, $3.79, may provide support. RNDR network adoption rate and general market trends could drive price fluctuations, but long-term indications like the 100-day average point to a possible stabilization around $8.92. RNDR market cap currently at $3.1 billion. Chart: TradingView.com Analyst Chimes In With Optimistic Predictions Meanwhile, DoJi isn’t the only crypto expert bullish on RNDR. Inspector Crypto, another well-respected analyst, has identified a bullish Inverse Head and Shoulders Pattern on RNDR’s chart. This pattern typically precedes a price increase, and Inspector Crypto has projected a target range of $14-$16 for RNDR based on this pattern. $RNDR | Inverse Head and Shoulders pattern target: $14-$16#RENDER #Solana #Bitcoin #AltCoinSeason2024 #Bullrun2024 #ADA #Xrp #AKT pic.twitter.com/VRO8gcTAiH — Inspector Crypto🕵🏻♂️📈 (@1nspector_G) April 26, 2024 The combined optimism from DoJi and Inspector Crypto reflects a broader sentiment of anticipation surrounding RNDR. While the token has experienced a slight dip in price recently, many analysts are closely monitoring its performance, waiting for the upswing signal. Featured image from Pexels, chart from TradingView
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Acinq’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet are discontinuing services for United States customers. The post Phoenix and Wasabi Wallets End Operations in the US appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
Bitcoin has seen a decrease in whale activity since March 14; What about Ethereum and Pepe? These are the key cryptocurrencies to monitor this week.
Despite regulatory clarity, XRP is severely underperforming against Bitcoin
Cyberattacks on decentralized networks are not uncommon and this time the affected one is Io.net. It has faced a cybersecurity breach recently which affected its GPU metadata. Though the attack took place, there hasn’t been much harm to the network and it remains robust. GPU metadata attack on Io.net Io.net has faced a cybersecurity breach