A rising token, Rexas Finance (RXS), is attracting the interest of serious investors seeking long-term utility and significant gains as meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) continue to rule headlines with their vibrant communities and recent price swings. Shiba Inu price shows potential to reach $0.0009, Dogecoin eyes $1.54 and Rexas Finance shows more
A little over a year since its debut, the SEI token has experienced remarkable growth, looking to break into the top 50 largest cryptocurrencies by market capitalization. The altcoin has been one of the best performers in the past few days while posting a double-digit gain in the last 24 hours. Crypto Analyst Says Token Is Heading To $0.65 — Here’s How In a recent post on the X platform, prominent crypto analyst Ali Martinez put forward an interesting projection for the price of SEI in the short term. According to the pundit, the cryptocurrency seems ready to continue its upward momentum and movement. This bullish forecast revolves around the formation of the bull flag pattern on the SEI price chart on the four-hour timeframe. The bull flag formation often serves as a strong continuation pattern for upward price trends. Related Reading: Bitcoin Bears In Trouble: $800 Million Set For Liquidation If BTC Reclaims This Price The technical analysis formation is characterized by a period of almost vertical upward price movement (the flagpole) followed by a slight consolidation period (the flag itself). While the bull flag pattern signals the potential for price to trend higher, it is necessary to wait for a successful break out of the consolidation for confirmation. As observed in the chart above, the price of SEI appears to have broken out of the consolidation zone, with a four-hour candlestick closing above the upper boundary. According to Martinez, this recent price action puts the next stop for the token at $0.65, representing roughly a 20% rally from the current price. As of this writing, the SEI token is valued at around $0.53, reflecting an almost 16% climb in the past day. The altcoin, which was mostly quiet all week long, is now up by nearly 18% in the last seven days, according to CoinGecko data. Is SEI Following SUI? Earlier in the past week, Martinez predicted that the price of SEI was soon going to follow the path of the red-hot SUI. Perhaps due to their similar names, these two crypto tokens have an almost identical price trajectory. $SEI will follow $SUI… $1.60 next! pic.twitter.com/UA2a9hUSs1 — Ali (@ali_charts) November 11, 2024 It is worth mentioning that SUI, which is up by more than 50% in the past week, has been impressive long before positive momentum returned to the market. However, Martinez took to the X platform to share that SEI will follow SUI’s bullish footsteps — with $1.6 in its sights. Related Reading: Bitcoin Spot Is King – STH Selling Pressure Expected To Be Absorbed By ETFs Featured image created by Dall-E, chart from TradingView
On November 17, COINOTAG News reported insights from Raoul Pal, a former Goldman Sachs executive and the founder of the macro research firm Real Vision. Utilizing the X platform, Pal
As Solana strives to reclaim its all-time high following recent gains, the trajectory of Bitcoin remains a pivotal factor in the cryptocurrency landscape. Recent shifts in market sentiment indicate Solana’s
An artificial intelligence (AI) tool has offered a possible bearish outlook for Bitcoin (BTC) in a worst-case scenario after the … Continue reading The post AI sets Bitcoin’s next low target in a worst-case scenario after record-high appeared first on Finbold .
Coinbase CEO Brian Armstrong considers the newly proposed Department of Government Efficiency (D.O.G.E.) a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to health. In a recent post on X, Armstrong highlighted the potential benefits of D.O.G.E., noting how it would reverse the adverse effects of incentives The post D.O.G.E. is a Lifetime Opportunity For Economic Reform – Coinbase CEO appeared first on Coin Edition .
Wall Street banks forecast a bullish trend for US stocks until the end of 2024. Morgan Stanley and JPMorgan Chase expect significant market gains in 2024. Continue Reading: Wall Street Banks Predict Positive Trends for US Stocks Through 2024 The post Wall Street Banks Predict Positive Trends for US Stocks Through 2024 appeared first on COINTURK NEWS .
Wall Street banks predict a positive outlook for US stocks until late 2024. Morgan Stanley and JPMorgan Chase foresee significant market rises post-election. Continue Reading: Wall Street Banks Predict Positive Trends for US Stocks by End of 2024 The post Wall Street Banks Predict Positive Trends for US Stocks by End of 2024 appeared first on COINTURK NEWS .
Despite short-term gains pushing Solana towards $245, a break above $260 requires Bitcoin to clear $93K first.
Billionaire Elon Musk is suggesting a Bitcoin-friendly name for the Treasury Department instead of the cryptocurrency-hating one. Continue Reading: Bitcoin-Friendly Move From Elon Musk: Cryptocurrency-Friendly Figure May Become Treasury Secretary