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The Bitcoin price has plunged 3.1% in the last 24 hours to trade at $69,957 as of 7:20 a.m. EST on a 54% surge in trading volume to $53 billion. The BTC price drop comes as former President Donald Trump voiced his support for the crypto industry and wished Bitcoiners a happy 16th anniversary. I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper. We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP! #Bitcoin #FreeRossDayOne — Donald J. Trump (@realDonaldTrump) October 31, 2024 Trump’s message, shared on X, included a pledge to end what he described as “Kamala’s war on crypto,” and he expressed a goal to support Bitcoin’s growth in the US. Bitcoin Price Signals More Upside Ahead The Bitcoin (BTCUSDT) price action in the one-day timeframe reveals several technical indicators suggesting a bullish outlook. From July to early September, an inverted head-and-shoulders...

The MAGA Hat price has surged 5% in the last 24 hours to trade at $0.0001607 as of 12:20 a.m. EST on a 5% drop in trading volume to $10.4 million MAGA Hat Price Gears Up For A Bullish Rally The MAGAUSD price action shows a strong upward movement within a bullish channel, followed by a period of consolidation. This is characteristic that after a sharp price rally, where the market pauses to digest recent gains. The price currently sits at $0.0001624, which is hovering around the 50-period Simple moving average (SMA) of $0.0001617. This suggests the 50 SMA could act as a key support or resistance level in the short term. If the price manages to hold above this moving average, it could signal renewed buying interest. The 200-period simple moving average (SMA), down at $0.0001151, indicates that the overall long-term trend remains bullish. The wide gap between the 50 SMA and 200 SMA shows that the MAGA price has experienced significant momentum recently, further reinforcing the upward ...

The Ethena price surged 9% in the last 24 hours to trade at $0.411 as of 00:24 a.m. EST on trading volume that rose 3% to $417 million. This comes as Ethena Labs, the entity behind the synthetic stablecoin USDe, has proposed adding Solana to the Stablecoin’s collateral mix. If Ethena’s independent Risk Committee approves the proposal, the platform will gradually introduce SOL as a collateral asset for USDe. Ethena Price To Continue Soaring – Sentiment Supported By Main Indicators In October, the price of Ethena plunged through a correction from the $0.35 resistance down to the $0.26 support and then back to the resistance zone, forming a rounding bottom pattern. A slight retrace back to the $0.32 support completed a cup and handle pattern, according to data from GeckoTerminal . The pattern allowed the bulls to push the price of Ethena through a parabolic surge in the last two days, which is reflected in the sharp rise from the $0.30 level to the current price of ...