On November 24th, Ki Young Ju, CEO of CryptoQuant, shared insights on Twitter regarding the current state of the Bitcoin market. He asserted that Bitcoin has not yet entered a
In a significant development for the Shiba Inu ecosystem, Shibarium’s Total Value Locked (TVL) has reached a historic high of $4.72 million, showcasing robust adoption and user engagement. This milestone
The crypto market has been abuzz with activity regarding XRP, and there is a consensus among investors that its anticipated return to all-time high (ATH) territory may occur sooner than anticipated. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania XRP’s price has reached $1.43, marking a monumental 25% increase in the past day alone, bringing its weekly gains to a solid 50%. For investors and traders, the question isn’t if the altcoin will break its ATH but when. Prominent crypto analyst CrediBULL has shared an audacious forecast on X (formerly Twitter): XRP will surpass its ATH much more quickly than most anticipate. I think $XRP is probably going to make new ATH a lot quicker than most are expecting- and I think it’s going to vastly outperform both $BTC and $ETH from current levels while doing it. XRP/ETH just reclaimed and retested a 4 year long range, with the first target being ~250%… pic.twitter.com/fLYlH2GEYB — CrediBULL Crypto (@CredibleCrypto) November 21, 2024 Surpassing Bitcoin And Ethereum The most recent performance of XRP has been nothing short of remarkable. The coin has experienced a 90% increase in value over the past 90 days, surpassing Bitcoin (up 51%) and Ethereum (up 20%). The two market leaders are expected to be outperformed by XRP, as this short-term dominance indicates a change in market dynamics. Still, there’s an issue. Bitcoin is nearing its ATH of about $99K while Ethereum is just 30% below its peak. By contrast, the crypto asset stays 60% below its six-year-old ATH. This discrepancy highlights the difficult climb XRP must do to reclaim its prior dominance even while it shows promise for development. The XRP/ETH trading pair has left a four-year range, which suggests a possible 240% increase and has added to the optimism, CrediBULL pointed out. The next major XRP advancement could be spurred on by this breakthrough. Upbeat Technical Indicators Technically, XRP is showing strong bullish signals. While important indices, such the Relative Strength Index (RSI), show reduced selling pressure, the Simple Moving Average (SMA) provides strong support for the present price trend. Over the next three months, analysts predict its price will rise by 7.3%; following six months, they expect an 80.96% rise, data from CoinCheckup shows. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough The ability of XRP to consistently surpass resistance levels is the driving force behind these forecasts. The path to $2—and beyond—may be closer than skeptics believe if it maintains this momentum. A Market-Defining Moment The recent price fluctuations of XRP are a part of a larger narrative unfolding in the cryptocurrency market. As institutional adoption and regulation continue to expand, XRP is asserting itself as a top contender in the next wave of crypto expansion. Its current price of $1.54 reflects both a resurgence in investor confidence and a recovery from recent volatility. Meanwhile, XRP holders are on high alert watching the charts. The sentiment for XRP is undoubtedly bullish, even if the market cannot settle on anything yet. It could be the start of a greater rally if the stars align right into a new ATH. Featured image from Lunu, chart from TradingView
Shibarium’s Total Value Locked (TVL) hits a record $4.72 million, reflecting growing adoption in the ecosystem.
The post Tether’s Powerful Ally: Cantor Fitzgerald’s 5% Stake Revealed as Lutnick Prepares for Commerce Secretary Role appeared first on Coinpedia Fintech News President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration’s economic agenda. He was also part of Trump’s transition team and is well-known for leading …
Bullish Pepe could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Bullish Pepe (BULLPEPE), a Solana memecoin launched today, is set to explode over 18,000% in price in the coming days. This is because BULLPEPE 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 cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Bullish Pepe can only be purchased
Crypto analyst Carl The Moon has shared an optimistic outlook for Shiba Inu, suggesting that the token may soon break out to reach a seven-month high. In a recent social media post, Carl presented a price chart indicating a potential move to $0.00003630 if SHIB successfully breaks through its current resistance levels. Recent Performance Shiba The post Shiba Inu (SHIB) Might Soon Pump Hard to $0.3630 If This Happens appeared first on Times Tabloid .
According to data from DefiLlama, the decentralized exchange (DEX) trading activity on the Solana blockchain has demonstrated impressive resilience, sustaining an average daily volume exceeding $6 billion over the past
Mad Money host Jim Cramer has picked bitcoin over Microstrategy’s stock (MSTR), calling the cryptocurrency “a winner.” Jim Cramer Picks Bitcoin Over Microstrategy’s Stock Jim Cramer, host of CNBC’s Mad Money, shared his insights on bitcoin and Microstrategy’s stock (Nasdaq: MSTR) during his show’s Lightning Round segment this week. Cramer is a well-known TV host,
Fantom’s recent uptrend marks a pivotal shift in the cryptocurrency landscape, with the altcoin surging over 20% as it eyes critical resistance levels. As FTM breaks free from weeks of