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Showing posts with the label technical indicators

Shiba Inu: SHIB Price Prediction For May 20, 2025

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Shiba Inu’s price prediction for May 20 indicates a significant 14.35% decline to $0.00001295 from the current $0.00001500 price. The popular memecoin has just faced a 3.6% correction on Wednesday alongside some broader market turbulence. At the time of writing, technical indicators are actually presenting a somewhat mixed outlook with neutral sentiment, even though the Fear & Greed Index is showing 70 (Greed). Source: CoinMarketCap Also Read: BRICS Erodes Trust in the US Dollar Shiba Inu Forecast, Market Trends, and SHIB Rally Signals Explained Source: Watcher Guru Shiba Inu’s price prediction for May 20 comes right after SHIB managed to maintain that crucial $0.000015 support level following the sector-wide selling we saw on Wednesday. Recent market reports indicate that the correction was triggered by some controversy surrounding a Chinese firm’s massive $300 million Trump Coin purchase. Political Controversy Impacts Memecoin Sector The timing of the $300 million tr...

This Bitcoin formation set to trigger a rally to $120,000

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A cryptocurrency trading expert is predicting that, based on technical indicators, Bitcoin (BTC) might be in the process of forming a bottom before an explosive rally to a new all-time high. This outlook comes as Bitcoin continues to consolidate below the $90,000 mark amid a broader market sell-off. According to the Analysis , Bitcoin has formed a ‘triangle bottom’ pattern, similar to those seen in September 2023 and August 2024, suggesting that history may be about to repeat itself, TradingShot noted in a TradingView post on March 7. Picks for you AI predicts Bitcoin price for March 31, 2025 20 hours ago What’s going on with the Brazilian Real vs. Dollar (USD/BRL) amid tariff wars? 1 day ago ...

Bitcoin Price Prediction: BTC Drops 3% In Latest Crypto Market Correction As Investors Flock To This ICO Offering Free Bitcoin

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The Bitcoin price dropped more than 3% in the last 24 hours to trade at $92,298.35 as of 10:45 p.m. EST as investors decrease their exposure to the leading crypto. The retracement by the BTC price coincides with a broader crypto market correction that has seen the digital asset space’s capitalization plunge over 4% in the last 24 hours. During this period, Bitcoin also briefly dropped below $91K to as low as $90,924.90. Bitcoin Price Resting On A Key Support  4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price is hovering above a support at $90,884.93. Should the largest crypto by market cap fall below this price point in the coming few hours, it could be exposed to the risk of plunging down to the subsequent support at $88,444.73 in the short term. On the other hand, the Bitcoin price managing to stay above the $90,884.93 mark for the next 8 hours might be seen as a positive sign. Traders will likely start to buy into the crypto market leader. This cou...

MAGA Price Prediction: TRUMP Dumps 13% Despite Elon Musk DOGE Appointment As Traders Pivot To This New PolitiFi ICO With 657% APY

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The Maga price plunged over 13% in the last 24 hours to trade at $1.49 as of 4:38 a.m. EST as investors decrease their exposure to the political meme coin . The drop in the TRUMP price comes even after US President-elect Donald Trump announced the appointment of Tesla founder Elon Musk and Vivek Ramaswamy to lead a new government department called the Department of Government Efficiency (DOGE). pic.twitter.com/Vnk4MCAofY — Elon Musk (@elonmusk) November 13, 2024 Maga Price Rejected By A Major Resistance 4-hour chart for TRUMP/USD (Source: GeckoTerminal ) The Maga price was rejected by the $2.0276 resistance level in the last 24 hours. As a result, the meme coin is now approaching the closest support level at $1.1591. Should the meme coin drop below this technical safety net, it could stand the risk of plunging to as low as $0.3671 in the short term. In a more bullish scenario, the MAGA price maintaining a position above the $1.1591 support for the next 12 hours could l...

Bitcoin Price Analysis As Donald Trump Wishes Bitcoin Happy 16th Birthday And Traders Eye This Meme Coin ICO With 1,397% Staking APY

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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...

Are you ready? Here’s why an altseason is starting for altcoins

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Cryptocurrencies are heating up as a bullish momentum grows in the cryptocurrency market, especially around what is known as “altcoins.” The total capitalization of all cryptocurrencies except Bitcoin (BTC) and Ethereum (ETH) broke out of a downtrend, signaling an altseason is starting. Finbold looked at TradingView ‘s TOTAL3 crypto index, summing up the market cap of all cryptocurrencies excluding the two leaders. With a $614.64 billion capitalization, the altcoins are starting a strong momentum, breaking out of a six-month downtrend. Notably, TOTAL3 made three subsequent lower highs since the 2024 highs in late March, creating significant resistance. The index tested this downtrend line from September 21 to 23, breaking out the resistance on September 24. Picks for you Warren Buffett just dumped $860 million of this stoc...

Cate Price Prediction: CATE Plummets 22% As Analyst Says This New SHIB 2.0 Presale Could ”Make Millionaires”

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The Cate price has plummeted 22% in the last 24 hours to trade at $0.01907 as of  3:20 a.m. EST on a 30% surge in trading volume to $19 million. Cate Price Signals A Bullish Rebound The Cate price chart indicates a rounded top, which is a bearish reversal signal. It shows a gradual shift from buying to selling pressure. The price peaked at around $0.050 before gradually declining, signaling weakening momentum. However, the presence of a double bottom around $0.01847 suggests the possibility of a bullish reversal. This level has been tested twice and has held, implying that if prices remain above it, a rebound could be likely. CATEUSD Analysis Source: Dextools.io Technical Indicators Signal Potential Further Declines Currently, the price is trading below both the 50-period moving average (SMA 50) at $0.02153 and the 200-period moving average (SMA 200), confirming both short-term and long-term downtrends. The downward slope of the MA 50 further supports the bearish ...

The Neiro Ethereum Price Plunges 18% In A Week As This New Meme Coin Races Towards $1 Million

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The Neiro Ethereum price has plunged 18% in the past week and 4% in the last 24 hours to trade at $0.2201 as of 7:15 a.m. EST on a 14% drop in trading volume to $19 million. Neiro Ethereum Price Analysis: Bulls Poised For A Bullish Comeback NEIRO price continues to trade within the bullish channel. Despite facing a strong support zone, the bears are still determined to push the price below the support zone at $0.1285. The support level has proven resilient, allowing buyers to regroup and increase prices. If the bulls take complete control, they could push the price above the wedge, triggering a bully rally that could catapult NEIRO to a new all-time high. NEIROUSD Analysis . (Source: Dextools.io) The NEIRO Ethereum price trades below the 50 Simple Moving Average (SMA). However, it is relatively above the 200 SMA, giving the bulls a chance to drive the price again. This indicates a positive sentiment and diminishing selling pressure for the Neiro price. The Relative Streng...