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Mar 21, 2024 at 18:45 // Price Author Coin Idol Litecoin (LTC) price has fallen below the moving average lines but is finding support above the 50-day SMA or the $77 low. LTC price Analysis by Coinidol.com. Long-term outlook for Litecoin price: bearish The cryptocurrency is currently trading above the 50-day SMA but below the 21-day SMA. The bulls have halted the price slide above the 50-day SMA but could not sustain their bullish momentum above the 21-day SMA. The current LTC price stands at $85.48. The cryptocurrency is rising as it reache...

As the weekend approaches, investors and enthusiasts are eagerly watching to see if Polka DOT ( DOT ) can breach the $10 mark and what the future holds for this promising project. Polkadot’s primary goal is to provide a foundation for a decentralized internet of blockchains, also known as Web3. By connecting and securing a network of specialized blockchains, Polkadot enables interoperability among different networks, allowing for the seamless transfer of not just tokens, but any data or asset types. Also read: Can Solana (SOL) Hit $250 In April? Changelly Analysts Forecast Steady Growth for Polkadot Source: cryptoslate Changelly analysts, who have been closely monitoring Polkadot’s price fluctuations since early 2023, predict that the average DOT rate will reach $9.85 this weekend. This prediction is based on a thorough analysis of market trends, historical data, and the overall sentiment surrounding the project. However, it is important to note that the...

The cryptocurrency market is currently witnessing a significant downturn, mirroring the recent price movements of Bitcoin. Over the past week, Bitcoin has experienced an 11% decline, with an additional drop of 5.72% within the last 24 hours alone. This downward trend in Bitcoin’s price inevitably places pressure on the broader altcoin market. Ripple (XRP), for example, has observed a 5% daily decrease, trading at $0.5956 at the time of this writing. However, amidst this turbulent market environment, savvy investors are recognizing the ongoing correction in Bitcoin’s price as a potential opportunity to ‘buy the dip.’ This correction, characterized by the liquidation of overly optimistic positions, presents strategic investors with a chance to enter the market at more favorable prices. Also Read: Ripple (XRP) Trading Volume Up 130% Amid Market Downturn Anticipation Surrounding Bitcoin Halving The upcoming Bitcoin halving, scheduled for April, introduces...

The Ethereum Foundation is under investigation by unnamed state authorities, according to a CoinDesk report. Indeed the non-profit organization that is based in Switzerland supports the Ethereum ecosystem and has been subject to an investigation based on a GitHub commit. Specifically, the group announced they have “received an inquiry from a state authority that included a requirement for confidentiality.” To this point, the details regarding the investigation are scarce with little information on its purpose or overall breadth. JUST IN: Ethereum Foundation under investigation by State Authority, CoinDesk reports. — Watcher.Guru (@WatcherGuru) March 20, 2024 Also Read: Ethereum Slumps Below $3400: Can ETH Hit $4000 This Week? Ethereum Foundation Reportedly Under Investigation One of the most prominent networks within the digital asset industry has been Ethereum. The second largest cryptocurrency by market cap, ETH has become stable within the mark...

Key takeaways MicroStrategy has purchased 9,245 bitcoins and now holds more than 1% of the total BTC supply . Bitbot has now raised more than $1.1 million as its sixth presale stage draws closer to an end.  MicroStrategy now holds more than 1% of the total 21 million BTC supply Michael Saylor-led MicroStrategy has purchased an additional 9,245 BTC for $623M. This latest development means that the software company now holds 214,246 bitcoins, which is more than 1% of all the 21 million of the tokens that will ever exist. The company paid approximately $7.53 billion for its BTC stash at an average of $35,160 per coin. MicroStrategy took advantage of the dip as Bitcoin has been underperforming in recent days. At press time, the  price of Bitcoin stands at $61,908 per coin.  What is Bitbot? While the crypto market is experiencing a correction, investors continue to push funds into projects still in presale. A benefactor of this gesture i...

Dogecoin (DOGE) followed the market rally in late February 2024 and climbed several spots on the chart. However, the asset has faced a significant correction over the last few days. DOGE’s price is down 12.6% in the daily charts, 24.5% in the weekly charts, and 27.5% in the 14-day charts. However, the popular memecoin is still up by nearly 57% over the previous month and 75.5% since March 2023. Source: CoinGecko Also Read: Why Are Bitcoin, Dogecoin & Cryptocurrency Market Falling Today? DOGE’s latest price correction is likely due to Bitcoin (BTC) falling below $65k. BTC’s price slump, on the other hand, could be influenced by macroeconomic factors. Inflation in the US increased to 3.2% in February 2024. The rise in inflation has likely pushed any plans for an interest rate cut by the Federal Reserve. The development may have led to investors pulling back from riskier assets, such as cryptocurrencies. Dogecoin (DOGE) price prediction for March end So...

The global cryptocurrency market cap is currently $2.74 trillion, with a 4.24% change in the last 24 hours. This data indicates a significant fluctuation in the market, showcasing its dynamic nature influenced by factors such as demand, market sentiment, and technological advancements. The cryptocurrency market is growing because more people are using digital money, and there’s a big effort to prevent financial problems. This means things are looking good for the future of cryptocurrencies. New Cryptocurrency Releases, Listings & Presales Today Get ready to learn about four cool tokens in the crypto world: Lynx Token, LushAI, Athenas AI, and Dogecoin20. Each one does something different – Lynx Token helps with money and DeFi, LushAI makes money with AI on OnlyFans, Athenas AI brings AI to the blockchain, and Dogecoin20 fights inflation and spreads positivity. 1. Lynex (LYNX) Lynex Token is a clean tech cryptocurrency project with a unique approach to blockchain mini...

The Book Of Meme price dropped 19% in the last 24 hours to trade at $0.0150 as of 03:28 a.m. EST on trading volume that plunged 51% to $2.2 billion. BOME is the latest entrant into the Solana meme coin arena, giving users a unique blend of meme, trading, and gambling options along with decentralized storage. Just days after its launch, the token amassed a $1.2 billion market capitalization, before retracing back to the current market cap of $756 million. Book Of Meme Price Preparing For A Rebound BOMEUSD Chart Analysis Source: GeckoTerminal.com The Book Of Meme price surged massively from its launch, which saw the bulls claim an all-time high of $0.02689 just two days ago. However, the price has been slightly falling from that level within a falling wedge pattern. BOME is trading below both the 50-day and 200-day Simple Moving Average (SMA), which, in support of the price, retraces back to the current price of $0.15. Additionally, the Relative Strength Index (RSI) is also trad...

In just 48 hours since its launch in the crypto market, $BOME experienced an extraordinary surge in value, skyrocketing by an astounding 1650%. This rapid ascent and a significant rise in trading volume highlight the growing momentum surrounding $BOME within the market landscape. The surge in the meme coin’s price can be attributed to several key factors, with the token’s presale as a pivotal catalyst. Surpassing initial expectations, the presale received overwhelming support from the Sino-British community, resulting in a substantial fundraising effort. These funds were then strategically allocated to establish liquidity pools, setting the stage for BOME’s remarkable increase in value. New and Best Meme Coins to Buy Now Sponge V2 introduces a play-to-earn game, enabling players to earn $SPONGE and bolster the coin’s utility. At the core of Sponge V2 is the stake-to-bridge model, allowing holders to acquire V2 by staking their V1 tokens. This strategy simplifi...

A popular crypto trader says he believes Ethereum (ETH) rival Solana (SOL) is flashing signs of a possible correction. In a new thread, Ali Martinez tells his 52,700 followers on the social media platform X that SOL’s Tom DeMark (TD) sequential indicator flashed a sell signal on its daily chart, which historically signals a price drop for the smart contract platform. The TD Sequential indicator is typically used to identify the potential turning point for an asset’s price. Explains the analyst, “Since December 2023, every time this indicator suggested selling, the price of SOL dropped by 17% to 28%. A similar outlook could see SOL retrace to $152 or even $127.” Source: Ali Martinez/X SOL is trading at $184.13 at time of writing. The 5th-ranked crypto asset by market cap is up 12% in the past 24 hours and nearly 27% in the past week. Martinez cautions traders not to short assets during a bull market and instead says to just “buy th...

Tesla CEO Elon Musk backed meme currency. Dogecoin has been noting an upward price ascent lately. The crypto is rising rapidly, trading at $0.1675, up 96% in the last month.  After noting a gradual decline of 10% in the last 24 hours, Doge is holding steady ground, firmly progressing ahead in terms of valuation and pricing.  Also Read: Dogecoin: Here’s When DOGE Could Hit $1 Dogecoin Weekend Price Prediction Source: Medium.com / Dall-E 3 Per analytics platform CoinCodex, Doge is expected to rise considerably in the coming few weeks.  “According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 83 (extreme greed). Dogecoin recorded 21/30 (70%) green days with 31.20% price volatility over the last 30 days. “ Also Read: Dogecoin : Elon Musk’s Tesla To Enable DOGE Payments Doge is forecast to rise and stabilize at $0.166286 on March 16th. For March 17th, the platform predicted its price to climb to $0...

A widely followed crypto analyst is diving into Bitcoin’s (BTC) latest rally and what it could mean for the altcoin markets. Crypto trader Michaël van de Poppe tells his 702,100 followers on the social media platform X that BTC’s pre-halving rally is right on schedule. “Bitcoin dominance continues the rally. To date, the pre-halving rally is still rock solid.  The question is, are we going to peak pre-halving? If so, it would be the signal for Altcoins to flourish. What do we want to see? We’d like to see them bounce in their BTC pairs.” Source: Michaël van de Poppe/X The BTC halving refers to the quadrennial pre-programmed event where BTC mining rewards are cut in half. The next Bitcoin halving is expected for next month. According to the analyst, with BTC up 6.2% in the last seven days, he expects the king crypto could consolidate soon. “Bitcoin continues the momentum, as the inflow remains to be super positive.  I...