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Showing posts with the label market trend

Rounded Bottom Formation Shows When Dogecoin Price Will Begin ‘Flying’

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Dogecoin Breakout Fever: Is The 300% Moonshot Back?

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Will Shiba Inu Gain Another Zero After 10% Crash in 1 Week?

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Historically bearish September seems to be living up to its name. The cryptocurrency market is facing one of its most significant price corrections in recent months. Shiba Inu (SHIB) has also experienced a substantial price crash. According to CoinGecko data, SHIB’s price has fallen 6.7% in the last 24 hours, 10.9% in the last week, 3.4% in the 14-day charts, 9.2% over the previous month, and 17.7% since September 2024. Source: CoinGecko Will Shiba Inu Gain Another Zero Amid Price Crash? Source: Token Metrics Shiba Inu (SHIB) is currently facing a substantial risk of gaining another zero after its decimal point. However, investors should note that SHIB last traded under $0.00001 in February of 2024. The popular cryptocurrency has not gained a zero after its decimal point over the last 18 months. The trend may continue, given that SHIB has some support at the $0.000012 level. CoinCodex analysts also don’t expect Shiba Inu (SHIB) to fall below the $0.00001 mark. The platform a...

Dogecoin whales buy 680 million DOGE in less than a week; Is $0.5 next?

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Dogecoin (DOGE) is recording increased whale activity, a move that could set the stage for the meme coin to make another attempt at the $0.50 resistance. On-chain data indicates that the largest holders accumulated about 680 million DOGE within 96 hours, according to insights shared by Ali Martinez on September 16. DOGE whale accumulation. Source: Santiment The buying spree, which involved wallets holding between 100 million and 1 billion DOGE, coincided with a notable price rally. Dogecoin climbed from around $0.22 at the start of September to a peak above $0.28 before pulling back slightly. Such accumulation often precedes strong price movements, potentially laying the groundwork for DOGE to challenge the psychological $0.30 resistance.  Key DOGE price levels to watch  If bullish momentum holds, traders are eyeing the $0.35–$0.40 zone as the next hurdle. A breakout above these levels could set the stage for a run toward the highly anticipated $0....

Can XRP Hit a New Peak of $4 After September's Rate Cut?

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Ripple’s XRP token climbed to a new all-time high of $3.65 on July 18. The popular crypto hit a new peak after more than seven years. XRP’s price has fallen by more than 20% from its recent high. According to CoinGecko data, XRP is down 11% over the last week, 2.8% in the 14-day charts, and 16% over the previous month. Despite the correction, the asset has gained 0.7% in the past 24 hours and 387.7% since August 2024. Source: CoinGecko Will XRP Hit a New All-Time High After a Rate Cut in September? According to the CME FedWatch tool, there is an 81.2% chance that the Federal Reserve will cut interest rates by 25 basis points in September. A rate cut will likely lead to a surge in risky investments. Such a development could cause XRP’s price to surge. Source: CME While there is a high likelihood of an interest rate cut next month, it should be noted that the odds of a rate cut on CME’s FedWatch platform have significantly dipped over the last few days. The chances...

Analyst Warns Investors To Avoid Bitcoin At All Cost As Price Is Going Below $60,000

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Litecoin Drifts Sideways—Intraday Action Tied To BTC Pulse

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Ethereum Big-Money Flow Hits 3-Year High With $100B In Weekly Volume

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