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đ„đ„đ„ #CardanoWhales Move 19.5 Billion $ADA , Whatâs Next?
Cardano (ADA) whales have moved a massive 19.5 billion ADA tokens, valued at $6.48 billion, in the past day, sparking significant market attention. This surge in whale activity suggests that something notable might be brewing for ADA.
Whale Activity and Market Sentiment
- Over the last 24 hours, large transactions (over $100,000) have surged by 10%, with more than 3,100 such transactions recorded. This is a notable increase compared to the weekly high of 3,300 transactions. The rise in large transactions, particularly when compared to Ethereum, hints at potential bullish intentions from whales, especially as ADA has been struggling around the $0.33 support level since July 2024.
Current Price and Market Movement
- Following the whale activity, ADA saw a price increase of 4.35%. At present, it is trading near $0.333, marking a 1.25% rise in the last 24 hours. However, trading volume has decreased by 11%, reflecting lower trader engagement amid market uncertainty.
Technical Analysis and Potential Targets
- Despite the bullish whale activity, ADA remains in a bearish trend, trading below the 200-day Exponential Moving Average (EMA) since April 2024. The 200 EMA is commonly used to assess long-term trends, indicating a continued downtrend.
If ADA closes a weekly candle above the $0.35 level, it could potentially rise by 30% to reach $0.45, which is the next resistance level.
On-Chain Metrics and #marketsentiment
- On-chain metrics support the bullish sentiment of the whales. The ADA Long/Short ratio stands at 1.02, suggesting a positive market outlook among traders. Additionally, future open interest for ADA has increased by 2.7% in the past 24 hours, signaling growing interest despite the current market struggles.
Overall, while ADA faces ongoing challenges, the recent whale activity and positive on-chain metrics offer a glimmer of hope for a potential recovery.
Source - coinpedia.org
#CryptoMarketTrend #BinanceSquareTalks
Cardano (ADA) whales have moved a massive 19.5 billion ADA tokens, valued at $6.48 billion, in the past day, sparking significant market attention. This surge in whale activity suggests that something notable might be brewing for ADA.
Whale Activity and Market Sentiment
- Over the last 24 hours, large transactions (over $100,000) have surged by 10%, with more than 3,100 such transactions recorded. This is a notable increase compared to the weekly high of 3,300 transactions. The rise in large transactions, particularly when compared to Ethereum, hints at potential bullish intentions from whales, especially as ADA has been struggling around the $0.33 support level since July 2024.
Current Price and Market Movement
- Following the whale activity, ADA saw a price increase of 4.35%. At present, it is trading near $0.333, marking a 1.25% rise in the last 24 hours. However, trading volume has decreased by 11%, reflecting lower trader engagement amid market uncertainty.
Technical Analysis and Potential Targets
- Despite the bullish whale activity, ADA remains in a bearish trend, trading below the 200-day Exponential Moving Average (EMA) since April 2024. The 200 EMA is commonly used to assess long-term trends, indicating a continued downtrend.
If ADA closes a weekly candle above the $0.35 level, it could potentially rise by 30% to reach $0.45, which is the next resistance level.
On-Chain Metrics and #marketsentiment
- On-chain metrics support the bullish sentiment of the whales. The ADA Long/Short ratio stands at 1.02, suggesting a positive market outlook among traders. Additionally, future open interest for ADA has increased by 2.7% in the past 24 hours, signaling growing interest despite the current market struggles.
Overall, while ADA faces ongoing challenges, the recent whale activity and positive on-chain metrics offer a glimmer of hope for a potential recovery.
Source - coinpedia.org
#CryptoMarketTrend #BinanceSquareTalks
$PEOPLE $PERP $BTC good movement so far,,more to go in this weeeek.......
#binanceworld #CryptoMarketTrend
#binanceworld #CryptoMarketTrend
â ïž Experts Warn: Fed Interest Rate Decision Could Shake Bitcoin! â ïž
đš Bitcoin is under pressure after losing its $60,000 support, and with the US Fed interest rate decision just around the corner, volatility may hit harder than expected! đđ„
đ Date to Watch: September 18th, 21:30 GMT
đ Key Figures:
âą If 25 basis points cut: Expect cautious moves & potential BTC pullback. đš
âą If 50 basis points cut: Increased risk appetite could spark a rally! đ
đź Analystsâ Insights:
âą Bitcoin could dip to $50,000 short term before the decision. đ
âą Medium-term outlook remains bullish with predictions of $92,000 by the end of 2024! đźđ°
đ Recent Action:
A massive $400 million inflow from Bitcoin ETFs sent prices soaring 15% after hitting $52,750 on September 6th! đ Will we see another breakout or a temporary dip?
đĄ Whatâs your strategy? Prepare for the potential earthquake effect on BTC and altcoins!
đ Stay aheadâtrade now on Binance!
#Bitcoinâ #FedRateDecisions #CryptoMarketTrend #BinanceSquareFamily #Write2Earn! $BTC
đš Bitcoin is under pressure after losing its $60,000 support, and with the US Fed interest rate decision just around the corner, volatility may hit harder than expected! đđ„
đ Date to Watch: September 18th, 21:30 GMT
đ Key Figures:
âą If 25 basis points cut: Expect cautious moves & potential BTC pullback. đš
âą If 50 basis points cut: Increased risk appetite could spark a rally! đ
đź Analystsâ Insights:
âą Bitcoin could dip to $50,000 short term before the decision. đ
âą Medium-term outlook remains bullish with predictions of $92,000 by the end of 2024! đźđ°
đ Recent Action:
A massive $400 million inflow from Bitcoin ETFs sent prices soaring 15% after hitting $52,750 on September 6th! đ Will we see another breakout or a temporary dip?
đĄ Whatâs your strategy? Prepare for the potential earthquake effect on BTC and altcoins!
đ Stay aheadâtrade now on Binance!
#Bitcoinâ #FedRateDecisions #CryptoMarketTrend #BinanceSquareFamily #Write2Earn! $BTC
đ„đ„đ„ Maker Price Risks Drop to $1200 Amid Major Rebranding to SKY
Maker ($MKR ) has been struggling under market pressure for over six months, recently dropping below the critical $2,200 mark and continuing its downtrend to around $1,500. Despite #MakerDAOâs plans to rebrand and launch a new ecosystem aimed at capitalizing on DeFi potential, the tokenâs price has been in decline. This comes at a time when Donald Trump is introducing his own financial platform, World Liberty Financial.
Maker Price Plummets 44% Despite SKY Rebrand Buzz
- The MakerDAO rebrand to the Sky Ecosystem has been in development for over ten months, with discussions beginning in December 2023. However, it wasnât until May 2024 that detailed plans for the upgrade were shared on the MakerDAO forum.
- As part of the MakerDAO endgame, the rebrand will transition the Maker (MKR) token to Sky (SKY) and Dai #stablecoin to Sky USD (USDS). According to the upgrade details, each MKR token will be redeemable for 24,000 SKY tokens. The rebrand will roll out in four phases: Beta Launch, SubDAO Launch, Governance AI Tools, Governance Participation Incentives, and the NewChain & Final Endgame State.
- Despite these ambitious goals, MKRâs price has continued to slide. It has dropped 1.6% in the past 24 hours, currently trading at $1,476.
MKR Price Technical Analysis
- MKR has been in a steady downward trend since mid-August, recently experiencing a sharp decline from around $2,200 to approximately $1,487.
- Currently, the price is approaching a key support level at $1,260, which has historically served as a strong support zone. On the upside, MKR faces significant resistance at $2,200, a previous support level that has now turned into resistance following the recent breakdown.
MKR's recent drop to $1,260 resembles an Elliott Wave 5 pattern. If support holds, a rebound could trigger a 743% rally back to $2,200, potentially invalidating the bearish outlook and setting price targets above $3,000.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareTrends #CryptoTrending
Maker ($MKR ) has been struggling under market pressure for over six months, recently dropping below the critical $2,200 mark and continuing its downtrend to around $1,500. Despite #MakerDAOâs plans to rebrand and launch a new ecosystem aimed at capitalizing on DeFi potential, the tokenâs price has been in decline. This comes at a time when Donald Trump is introducing his own financial platform, World Liberty Financial.
Maker Price Plummets 44% Despite SKY Rebrand Buzz
- The MakerDAO rebrand to the Sky Ecosystem has been in development for over ten months, with discussions beginning in December 2023. However, it wasnât until May 2024 that detailed plans for the upgrade were shared on the MakerDAO forum.
- As part of the MakerDAO endgame, the rebrand will transition the Maker (MKR) token to Sky (SKY) and Dai #stablecoin to Sky USD (USDS). According to the upgrade details, each MKR token will be redeemable for 24,000 SKY tokens. The rebrand will roll out in four phases: Beta Launch, SubDAO Launch, Governance AI Tools, Governance Participation Incentives, and the NewChain & Final Endgame State.
- Despite these ambitious goals, MKRâs price has continued to slide. It has dropped 1.6% in the past 24 hours, currently trading at $1,476.
MKR Price Technical Analysis
- MKR has been in a steady downward trend since mid-August, recently experiencing a sharp decline from around $2,200 to approximately $1,487.
- Currently, the price is approaching a key support level at $1,260, which has historically served as a strong support zone. On the upside, MKR faces significant resistance at $2,200, a previous support level that has now turned into resistance following the recent breakdown.
MKR's recent drop to $1,260 resembles an Elliott Wave 5 pattern. If support holds, a rebound could trigger a 743% rally back to $2,200, potentially invalidating the bearish outlook and setting price targets above $3,000.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareTrends #CryptoTrending
CRYPTO MARKET SEES UPTICK AMID FED RATE CUTS AND BITCOIN RALLY
A 50 basis point Fed rate cut and a U.S. presidential candidate's first Bitcoin purchase boosted digital assets, with Bitcoin $BTC near $62,000, up 2.4%. Solana (SOL) surged 6%, while BNB, XRP, ADA, and memecoins like Dogecoin $DOGE and Shiba Inu (SHIB) saw gains up to 4.5%.
Mixed Market Reactions
While the rate cut sparked short-term optimism, experts like ByBit's Chris Aruliah and Arthur Hayes warn of economic challenges ahead, questioning the long-term impact of the cuts amid inflation concerns.
Rate Cuts Expected
Polymarket traders predict more cuts, with a 41% chance of a 100 basis point cut by year-end and smaller cuts likely in November and December.
Altcoin Rally
$Aleo jumped 14% after a Coinbase listing, and Sui $SUI and Fantom (FTM) also posted double-digit gains, while AI tokens continue to rise.
#MarketSentimentToday #Write2earn #CryptoMarketTrend #Altcoins #Fedrates
A 50 basis point Fed rate cut and a U.S. presidential candidate's first Bitcoin purchase boosted digital assets, with Bitcoin $BTC near $62,000, up 2.4%. Solana (SOL) surged 6%, while BNB, XRP, ADA, and memecoins like Dogecoin $DOGE and Shiba Inu (SHIB) saw gains up to 4.5%.
Mixed Market Reactions
While the rate cut sparked short-term optimism, experts like ByBit's Chris Aruliah and Arthur Hayes warn of economic challenges ahead, questioning the long-term impact of the cuts amid inflation concerns.
Rate Cuts Expected
Polymarket traders predict more cuts, with a 41% chance of a 100 basis point cut by year-end and smaller cuts likely in November and December.
Altcoin Rally
$Aleo jumped 14% after a Coinbase listing, and Sui $SUI and Fantom (FTM) also posted double-digit gains, while AI tokens continue to rise.
#MarketSentimentToday #Write2earn #CryptoMarketTrend #Altcoins #Fedrates
đ„đ„đ„ Ethereum could rally 17% amid #Bitwise thesis on $ETH contrarian bet
Ethereum Gains Amid Fed Rate Cut Anticipation
Ethereum rose 2% to $2,320 on Tuesday, driven by anticipation of a 50-basis-point rate cut by the U.S. Federal Reserve. Bitwiseâs Chief Investment Officer, Matt Hougan, noted that Ethereum remains a contrarian bet with potential upside, despite underperforming compared to Bitcoin and Solana.
Ethereum Still Dominates Key Metrics
Hougan emphasized that while concerns about Ethereum persist, such as its regulatory status, competition from Solana, and declining Layer 1 fees, it still leads in multiple areas:
- 50% of #stablecoin supply
- 60% of DeFi total value locked (TVL)
- Strong developer ecosystem and adoption by major firms like #BlackRockâ© and Nike
Ethereum may see a market reevaluation later this year as regulatory clarity improves, presenting an opportunity for investors.
Potential 17% Rally if Key Resistance Is Broken
Ethereum is attempting to break above $2,395, a critical resistance level. If it sustains a high-volume move above this level, it could rally 17% toward $2,817. Failure to break through could lead to a decline toward $2,200. Key resistance levels include the 50-day, 100-day, and 200-day SMAs. A daily close below $2,111 would invalidate the bullish outlook.
In the short term, ETH may dip to $2,288 to clear liquidations of around $40.34 million.
Source - fxstreet.com
#CryptoMarketTrend #BinanceSquareTalks
Ethereum Gains Amid Fed Rate Cut Anticipation
Ethereum rose 2% to $2,320 on Tuesday, driven by anticipation of a 50-basis-point rate cut by the U.S. Federal Reserve. Bitwiseâs Chief Investment Officer, Matt Hougan, noted that Ethereum remains a contrarian bet with potential upside, despite underperforming compared to Bitcoin and Solana.
Ethereum Still Dominates Key Metrics
Hougan emphasized that while concerns about Ethereum persist, such as its regulatory status, competition from Solana, and declining Layer 1 fees, it still leads in multiple areas:
- 50% of #stablecoin supply
- 60% of DeFi total value locked (TVL)
- Strong developer ecosystem and adoption by major firms like #BlackRockâ© and Nike
Ethereum may see a market reevaluation later this year as regulatory clarity improves, presenting an opportunity for investors.
Potential 17% Rally if Key Resistance Is Broken
Ethereum is attempting to break above $2,395, a critical resistance level. If it sustains a high-volume move above this level, it could rally 17% toward $2,817. Failure to break through could lead to a decline toward $2,200. Key resistance levels include the 50-day, 100-day, and 200-day SMAs. A daily close below $2,111 would invalidate the bullish outlook.
In the short term, ETH may dip to $2,288 to clear liquidations of around $40.34 million.
Source - fxstreet.com
#CryptoMarketTrend #BinanceSquareTalks
đŒ Big Day for the Markets! đŒ
The Fed is revealing its latest decision on interest rates today, and everyoneâs on edge. đđ
So, what does this mean for crypto? Well, if they raise rates, we could see a stronger dollar and maybe some downward pressure on Bitcoin and altcoins as liquidity tightens. But if the Fed pauses or lowers rates, get ready for a potential rally! đđ„
Whatever happens, expect some serious volatility today. Buckle up, crypto famâit's going to be a wild ride! đąđ„
#CryptoNewss #FedRateDecisions #Bitcoinâ #CryptoMarketTrend #CryptoTrading.
The Fed is revealing its latest decision on interest rates today, and everyoneâs on edge. đđ
So, what does this mean for crypto? Well, if they raise rates, we could see a stronger dollar and maybe some downward pressure on Bitcoin and altcoins as liquidity tightens. But if the Fed pauses or lowers rates, get ready for a potential rally! đđ„
Whatever happens, expect some serious volatility today. Buckle up, crypto famâit's going to be a wild ride! đąđ„
#CryptoNewss #FedRateDecisions #Bitcoinâ #CryptoMarketTrend #CryptoTrading.
Prediction: These 3 Altcoins Could Revolutionize the Future of the Crypto Market
The cryptocurrency landscape has evolved dramatically since Bitcoin (CRYPTO: BTC) launched 15 years ago. From the rise of decentralized finance (DeFi) and meme coins to blockchain-based gaming and prediction markets, the transformation has been nothing short of revolutionary.
The next 15 years are poised for even greater changes, with three cryptocurrencies -- Render (CRYPTO: RENDER), Maker (CRYPTO: MKR), and Stacks (CRYPTO: STX) -- emerging as potential front-runners in shaping the future of digital finance. While it would be wise for investors to maintain the bulk of exposure to established cryptocurrencies like Bitcoin and Ethereum (CRYPTO: ETH), these three projects offer compelling reasons to consider adding potentially small allocations to portfolios.
Render: Democratizing GPU access for creators
One of the hottest trends in crypto for 2024 has been the convergence of blockchain and artificial intelligence, and Render is at the forefront of this movement. Render is a decentralized platform that harnesses the power of unused graphics processing units (GPUs).
Whether it's creating graphics for video games, virtual reality experiences, TV shows, or other digital content, Render provides a peer-to-peer network that connects those in need of GPU power with those who can supply it. Transactions within this ecosystem are facilitated using Render's native token, RENDR, which rewards users for contributing their GPU resources, fostering a decentralized system for rendering graphics.
As industries like gaming, virtual reality, and the metaverse continue to expand, the demand for advanced 3D rendering capabilities is set to soar. Render addresses this burgeoning need by democratizing access to GPU resources, making high-quality rendering more accessible for creators and businesses.
This innovative approach not only optimizes the utilization of existing GPU power but also positions Render as a critical infrastructure component for the next generation of digital products and services. As the digital economy evolves, Render's ability to provide scalable and reliable rendering solutions makes it a strong contender for becoming one of the leading cryptocurrencies of the future.
Apologise for if i make a mistake.
#CryptoMarketTrend
#CryptoMarketSentiments
#CryptoMarketImpact
#BinanceLaunchpoolCATI
The next 15 years are poised for even greater changes, with three cryptocurrencies -- Render (CRYPTO: RENDER), Maker (CRYPTO: MKR), and Stacks (CRYPTO: STX) -- emerging as potential front-runners in shaping the future of digital finance. While it would be wise for investors to maintain the bulk of exposure to established cryptocurrencies like Bitcoin and Ethereum (CRYPTO: ETH), these three projects offer compelling reasons to consider adding potentially small allocations to portfolios.
Render: Democratizing GPU access for creators
One of the hottest trends in crypto for 2024 has been the convergence of blockchain and artificial intelligence, and Render is at the forefront of this movement. Render is a decentralized platform that harnesses the power of unused graphics processing units (GPUs).
Whether it's creating graphics for video games, virtual reality experiences, TV shows, or other digital content, Render provides a peer-to-peer network that connects those in need of GPU power with those who can supply it. Transactions within this ecosystem are facilitated using Render's native token, RENDR, which rewards users for contributing their GPU resources, fostering a decentralized system for rendering graphics.
As industries like gaming, virtual reality, and the metaverse continue to expand, the demand for advanced 3D rendering capabilities is set to soar. Render addresses this burgeoning need by democratizing access to GPU resources, making high-quality rendering more accessible for creators and businesses.
This innovative approach not only optimizes the utilization of existing GPU power but also positions Render as a critical infrastructure component for the next generation of digital products and services. As the digital economy evolves, Render's ability to provide scalable and reliable rendering solutions makes it a strong contender for becoming one of the leading cryptocurrencies of the future.
Apologise for if i make a mistake.
#CryptoMarketTrend
#CryptoMarketSentiments
#CryptoMarketImpact
#BinanceLaunchpoolCATI
đ„đ„đ„ Bitcoin ($BTC ) Death Cross Here, Dogecoin ($DOGE ) Erases Another Zero, Should We Consider Shiba Inu ($SHIB ) Lifeless?
#Bitcoin's Potential Death Cross
- Bitcoin's 50-day EMA is approaching a cross below the 200-day EMA, signaling a potential death cross, often seen as a bearish indicator. This cross could lead to a price drop below $65,000 or even into the low $60,000 range. Currently, Bitcoin is trading near $68,489. To counter the bearish trend, bulls need to push the price above $70,000. A breakout could lead to a rally towards $75,000.
Dogecoin's Resistance
- Dogecoin crossed the $0.1012 mark but remains below its 50-day EMA, indicating resistance. DOGE would need to break above $0.11 to build bullish momentum, with further targets at the 100-day EMA at $0.12 and the 200-day EMA at $0.13. Without a breakout, it may fall back to $0.09 for consolidation.
Shiba Inu's Stagnation
- Shiba Inu (SHIB) has been flat, trading at $0.00001328, and remains below its key EMAs, signaling continued bearish momentum. A break above the 50-day EMA at $0.000014 could renew interest, with potential to push toward $0.00002. However, without a catalyst, SHIB may remain stagnant.
Source - u.today
#CryptoTrend #BinanceSquareBTC #CryptoMarketTrend
#Bitcoin's Potential Death Cross
- Bitcoin's 50-day EMA is approaching a cross below the 200-day EMA, signaling a potential death cross, often seen as a bearish indicator. This cross could lead to a price drop below $65,000 or even into the low $60,000 range. Currently, Bitcoin is trading near $68,489. To counter the bearish trend, bulls need to push the price above $70,000. A breakout could lead to a rally towards $75,000.
Dogecoin's Resistance
- Dogecoin crossed the $0.1012 mark but remains below its 50-day EMA, indicating resistance. DOGE would need to break above $0.11 to build bullish momentum, with further targets at the 100-day EMA at $0.12 and the 200-day EMA at $0.13. Without a breakout, it may fall back to $0.09 for consolidation.
Shiba Inu's Stagnation
- Shiba Inu (SHIB) has been flat, trading at $0.00001328, and remains below its key EMAs, signaling continued bearish momentum. A break above the 50-day EMA at $0.000014 could renew interest, with potential to push toward $0.00002. However, without a catalyst, SHIB may remain stagnant.
Source - u.today
#CryptoTrend #BinanceSquareBTC #CryptoMarketTrend
#Bitcoinâ symmetrical triangle breakout done!
Triangle has a price target of $82k.
Are you ready?
#Crypto #CryptoMarketTrend $BTC $ETH $TURBO
Triangle has a price target of $82k.
Are you ready?
#Crypto #CryptoMarketTrend $BTC $ETH $TURBO
đłđłđł #Rippleđ° Chairman #ChrisLarsen Moves 50M $XRP for the First Time in 11 Years
In a recent development, a significant XRP transaction marked the first major outbound transfer from a long-dormant #walletđ„ since its creation. This wallet, established during the early days of the XRP Ledger (XRPL) and funded with a massive 500 million XRP in February 2013, is linked to Ripple Chairman Chris Larsen.
Since its inception, the wallet remained largely inactive, with only 1 XRP transferred out in December 2017. However, whale tracking resource Whale Alert flagged a large outflow from the wallet last night, drawing attention.
Details of the XRP Transaction
- According to on-chain data, the transaction took place on September 16 at 23:17 UTC, involving exactly 50 million XRP, worth $29.12 million at the time. The funds were moved to an unknown wallet address, starting with "raoâŠgzS," created specifically for this transfer.
- Given the walletâs inactivity and the size of the transaction, speculation initially swirled about a possible hack. However, sources from The Crypto Basic confirmed that this was unlikely.
Itâs worth noting that similar movements occurred in February, when another wallet associated with Larsen was hacked, resulting in the theft of over 212 million XRP. However, in this case, on-chain data suggests the transfer was likely authorized by Larsen himself.
Internal Fund Movement
- The sending wallet was responsible for activating the recipient address ("raoâŠgzS") with 10 XRP at 23:11 before transferring 50 million XRP shortly after. As of now, the recipient wallet is holding the funds, easing concerns of a security breach.
- The purpose of the transfer remains unclear, sparking speculation, with some jokingly suggesting it might support Kamala Harris' presidential campaign, as Ripple's Larsen publicly endorsed her, along with Uphold's J.P. Theriot. However, this remains speculative.
Source - thecryptobasic.com
#CryptoMarketTrend #BinanceSquareTalks
In a recent development, a significant XRP transaction marked the first major outbound transfer from a long-dormant #walletđ„ since its creation. This wallet, established during the early days of the XRP Ledger (XRPL) and funded with a massive 500 million XRP in February 2013, is linked to Ripple Chairman Chris Larsen.
Since its inception, the wallet remained largely inactive, with only 1 XRP transferred out in December 2017. However, whale tracking resource Whale Alert flagged a large outflow from the wallet last night, drawing attention.
Details of the XRP Transaction
- According to on-chain data, the transaction took place on September 16 at 23:17 UTC, involving exactly 50 million XRP, worth $29.12 million at the time. The funds were moved to an unknown wallet address, starting with "raoâŠgzS," created specifically for this transfer.
- Given the walletâs inactivity and the size of the transaction, speculation initially swirled about a possible hack. However, sources from The Crypto Basic confirmed that this was unlikely.
Itâs worth noting that similar movements occurred in February, when another wallet associated with Larsen was hacked, resulting in the theft of over 212 million XRP. However, in this case, on-chain data suggests the transfer was likely authorized by Larsen himself.
Internal Fund Movement
- The sending wallet was responsible for activating the recipient address ("raoâŠgzS") with 10 XRP at 23:11 before transferring 50 million XRP shortly after. As of now, the recipient wallet is holding the funds, easing concerns of a security breach.
- The purpose of the transfer remains unclear, sparking speculation, with some jokingly suggesting it might support Kamala Harris' presidential campaign, as Ripple's Larsen publicly endorsed her, along with Uphold's J.P. Theriot. However, this remains speculative.
Source - thecryptobasic.com
#CryptoMarketTrend #BinanceSquareTalks
đ„đ„đ„ Ethereum ($ETH ) Critical Price Level Reached, $XRP Catastrophic Retrace, Will It See $0.40? Is Solana ($SOL ) $150 Run Officially Over?
Ethereum's Critical Price Levels
Ethereum has recently fallen below the 0.4 BTC ratio, a critical point not seen in over three years. The absence of solid support levels indicates a risky situation for ETH:
1. $2,100: Immediate short-term support. A drop below this could trigger stronger selling pressure.
2. $1,800: Significant support if the decline continues. Losing this level could accelerate the downtrend.
3. $1,500: A major support not seen since early 2021.
A drop to this point would signal a severe market correction.
Ethereumâs current instability highlights the importance of monitoring these key levels for potential reversals.
XRP's Weak Performance
XRP faced resistance at $0.59, with a recent rejection preventing a breakout above $0.60. Key support levels are:
- $0.55: Potential reversal point.
- $0.52: Next critical support if $0.55 fails. A drop below could push XRP towards $0.50.
Bullish Scenario: If XRP finds support and breaks above $0.59, it could rally towards $0.65.
Solana's Resistance and Support
Solana struggles with resistance near the $150 mark and the 200-day EMA. Key levels to watch:
- Resistance: $145-$150. A breakout above could lead to $160-$170.
Support:
- $125: Critical support. A drop below could indicate increased selling pressure.
- $115: Next major support if $125 fails.
- 100 EMA ($139): A move above could signal a regain of bullish momentum.
In summary, Ethereum, XRP, and Solana are all facing critical levels and resistance that will influence their short-term price movements. Investors should monitor these zones closely for signs of reversal or further declines.
Source - u.today
#CryptoNewsCommunity #BinanceSquareBTC #CryptoMarketTrend
Ethereum's Critical Price Levels
Ethereum has recently fallen below the 0.4 BTC ratio, a critical point not seen in over three years. The absence of solid support levels indicates a risky situation for ETH:
1. $2,100: Immediate short-term support. A drop below this could trigger stronger selling pressure.
2. $1,800: Significant support if the decline continues. Losing this level could accelerate the downtrend.
3. $1,500: A major support not seen since early 2021.
A drop to this point would signal a severe market correction.
Ethereumâs current instability highlights the importance of monitoring these key levels for potential reversals.
XRP's Weak Performance
XRP faced resistance at $0.59, with a recent rejection preventing a breakout above $0.60. Key support levels are:
- $0.55: Potential reversal point.
- $0.52: Next critical support if $0.55 fails. A drop below could push XRP towards $0.50.
Bullish Scenario: If XRP finds support and breaks above $0.59, it could rally towards $0.65.
Solana's Resistance and Support
Solana struggles with resistance near the $150 mark and the 200-day EMA. Key levels to watch:
- Resistance: $145-$150. A breakout above could lead to $160-$170.
Support:
- $125: Critical support. A drop below could indicate increased selling pressure.
- $115: Next major support if $125 fails.
- 100 EMA ($139): A move above could signal a regain of bullish momentum.
In summary, Ethereum, XRP, and Solana are all facing critical levels and resistance that will influence their short-term price movements. Investors should monitor these zones closely for signs of reversal or further declines.
Source - u.today
#CryptoNewsCommunity #BinanceSquareBTC #CryptoMarketTrend
đ„đ„đ„ #CryptocurrencyPrices Today Sept 17: $BTC & $ETH Struggle To Pump, $XRP & FTM Gain 4-6%
Cryptocurrency Prices Today (September 17): #MarketVolatility and Mixed Performance
The crypto market saw volatility in the last 24 hours, with a slight 0.04% rise in global market cap to $2.02 trillion and a 23.04% surge in market volume to $63.69 billion. Bitcoin (BTC) and Ethereum (ETH) faced resistance, while Solana (SOL) and XRP led gains.
Key Highlights:
1. Bitcoin (BTC): Trading at $58,983 (-0.7%), with a 24-hour range of $57,501 to $59,154. BTC ETFs saw $12.8M in inflows, though market dominance dipped to 56.71%.
2. Ethereum (ETH): Slightly up 0.3% at $2,311, with a low of $2,263 and a high of $2,334. Spot ETH ETFs saw $9.4M in outflows.
3. Solana (SOL): Up 0.6%, trading at $132 with a $61.52B market cap.XRP: Gained 4%, reaching $0.5857 after a whale movement of 40M XRP.
Meme Coins:
- DOGE: Down 1.5% to $0.1009
- SHIB: Down 0.7% to $0.00001333
- PEPE: Up 0.17%WIF: Up 1%
Top Gainers:
- Fantom (FTM): Up 7% to $0.5632
- Celestia (TIA): Up 4% to $4.91
- BitTorrent (BTT): Up 5% to $0.0000008865
Top Losers:
- Sei (SEI): Down 7% to $0.2759
- Nervos (CKB): Down 5% to $0.0155
- Render (RENDER): Down 4% to $4.81
Despite mixed performance, the market remains volatile, with key assets showing uncertain trends.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareTrends
#CryptoNewsCommunity
Cryptocurrency Prices Today (September 17): #MarketVolatility and Mixed Performance
The crypto market saw volatility in the last 24 hours, with a slight 0.04% rise in global market cap to $2.02 trillion and a 23.04% surge in market volume to $63.69 billion. Bitcoin (BTC) and Ethereum (ETH) faced resistance, while Solana (SOL) and XRP led gains.
Key Highlights:
1. Bitcoin (BTC): Trading at $58,983 (-0.7%), with a 24-hour range of $57,501 to $59,154. BTC ETFs saw $12.8M in inflows, though market dominance dipped to 56.71%.
2. Ethereum (ETH): Slightly up 0.3% at $2,311, with a low of $2,263 and a high of $2,334. Spot ETH ETFs saw $9.4M in outflows.
3. Solana (SOL): Up 0.6%, trading at $132 with a $61.52B market cap.XRP: Gained 4%, reaching $0.5857 after a whale movement of 40M XRP.
Meme Coins:
- DOGE: Down 1.5% to $0.1009
- SHIB: Down 0.7% to $0.00001333
- PEPE: Up 0.17%WIF: Up 1%
Top Gainers:
- Fantom (FTM): Up 7% to $0.5632
- Celestia (TIA): Up 4% to $4.91
- BitTorrent (BTT): Up 5% to $0.0000008865
Top Losers:
- Sei (SEI): Down 7% to $0.2759
- Nervos (CKB): Down 5% to $0.0155
- Render (RENDER): Down 4% to $4.81
Despite mixed performance, the market remains volatile, with key assets showing uncertain trends.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareTrends
#CryptoNewsCommunity
đ„đ„đ„ Why Crypto Market is #crashing ?
Crypto Market Turns Bearish Amid Election Uncertainty and FOMC Meeting
Rising uncertainty, including U.S. election turmoil, an attempted assassination on Donald Trump, and the upcoming Federal Open Market Committee (FOMC) meeting, has caused the crypto market to drop. Bitcoin fell below $60K, Ethereum under $2,400, and XRP below $0.60, with overall market cap decreasing from $2.1 trillion to $2.03 trillion.
#BitcoinVolatility
Bitcoin dropped amid fears of the first rate cut since 2020. Analysts note Bitcoin holding above $58,500 as key to avoiding further downside. A $35 million liquidation hit longs, and sideway movement is expected around $59,000 until the FOMC decision, with hopes for a 50 bps cut to fuel a rally.
Ethereum's Struggles
Ethereum dropped below $2,300 due to whale activity, with analysts warning of a potential fall to $1,800 if support fails. $ETH has declined 6% in 24 hours.
Altcoin Reactions
Altcoins also fell:
-$XRP : $0.572 (-23.16% in volume)
- Solana: $131.01 (-3.82%)
- #DogecoinâŹâ© : $0.1017 (-2.84%)
The global crypto market cap dropped 2.9% to $2.04 trillion, with investor caution ahead of the FOMC meeting. Rebound hopes remain by month-end, but sentiment is cautious.
Source - coinpedia.org
#CryptoMarketTrend #BinanceSquareBTC
Crypto Market Turns Bearish Amid Election Uncertainty and FOMC Meeting
Rising uncertainty, including U.S. election turmoil, an attempted assassination on Donald Trump, and the upcoming Federal Open Market Committee (FOMC) meeting, has caused the crypto market to drop. Bitcoin fell below $60K, Ethereum under $2,400, and XRP below $0.60, with overall market cap decreasing from $2.1 trillion to $2.03 trillion.
#BitcoinVolatility
Bitcoin dropped amid fears of the first rate cut since 2020. Analysts note Bitcoin holding above $58,500 as key to avoiding further downside. A $35 million liquidation hit longs, and sideway movement is expected around $59,000 until the FOMC decision, with hopes for a 50 bps cut to fuel a rally.
Ethereum's Struggles
Ethereum dropped below $2,300 due to whale activity, with analysts warning of a potential fall to $1,800 if support fails. $ETH has declined 6% in 24 hours.
Altcoin Reactions
Altcoins also fell:
-$XRP : $0.572 (-23.16% in volume)
- Solana: $131.01 (-3.82%)
- #DogecoinâŹâ© : $0.1017 (-2.84%)
The global crypto market cap dropped 2.9% to $2.04 trillion, with investor caution ahead of the FOMC meeting. Rebound hopes remain by month-end, but sentiment is cautious.
Source - coinpedia.org
#CryptoMarketTrend #BinanceSquareBTC
đĄ Market Cycles: From ICOs to BTC ETFs â Whatâs Next? đĄ
đ 2017 was the ICO Era, where grabbing a slice meant making moneyâno questions asked. The market was all about OG platforms and public fundraising replacing traditional VCs. đŒ
đž In 2021, DeFi came charging in, diversifying the market. It was all about speedâmove fast, and you could profit big! This was also the age of IEOs, with low pricing on launch and the mantra: Buy new, not old. đ„
âł Fast forward to 2024âBTC ETFs sparked the latest surge, backed by king-level projects and Lumao Studio. Big VCs were playing ball, pushing up valuations while money and users flowed freely. Whether on CEX or DEX, projects have choices, but trading platforms no longer set the prices. Instead, fundamentals and circulation are key to understanding true project value. đ
đ But now, the fratricide between Lumao Studio and L2 projects signals a shift. The market is changing, becoming more professional with advanced tools for hedging risks and expanding market size. Gone are the ICOs of 2017 and the IEO rush of 2021. Today, the market demands a different strategy. đ
As an ordinary investor, every cycle brings a new challenge. Projects that can cross the bull and bear markets are rare, and even the strongest can fall. Whether itâs Web2 or Web3, very few startups survive, and fewer still bridge the gap across cycles.
â ïž Invest wisely, and stay cautious. Every era in crypto brings new opportunitiesâand new risks. Letâs stay sharp, Binance fam! đȘ
#CryptoMarketTrend #DefiPoolz #BinanceSquareFamily #GrayscaleXRPTrust #Write2Earn! $BB
đ 2017 was the ICO Era, where grabbing a slice meant making moneyâno questions asked. The market was all about OG platforms and public fundraising replacing traditional VCs. đŒ
đž In 2021, DeFi came charging in, diversifying the market. It was all about speedâmove fast, and you could profit big! This was also the age of IEOs, with low pricing on launch and the mantra: Buy new, not old. đ„
âł Fast forward to 2024âBTC ETFs sparked the latest surge, backed by king-level projects and Lumao Studio. Big VCs were playing ball, pushing up valuations while money and users flowed freely. Whether on CEX or DEX, projects have choices, but trading platforms no longer set the prices. Instead, fundamentals and circulation are key to understanding true project value. đ
đ But now, the fratricide between Lumao Studio and L2 projects signals a shift. The market is changing, becoming more professional with advanced tools for hedging risks and expanding market size. Gone are the ICOs of 2017 and the IEO rush of 2021. Today, the market demands a different strategy. đ
As an ordinary investor, every cycle brings a new challenge. Projects that can cross the bull and bear markets are rare, and even the strongest can fall. Whether itâs Web2 or Web3, very few startups survive, and fewer still bridge the gap across cycles.
â ïž Invest wisely, and stay cautious. Every era in crypto brings new opportunitiesâand new risks. Letâs stay sharp, Binance fam! đȘ
#CryptoMarketTrend #DefiPoolz #BinanceSquareFamily #GrayscaleXRPTrust #Write2Earn! $BB
"đ _ASTOUNDING PREDICTIONS_ đ: Shiba Inu (SHIB) to $0.05 & Ripple's XRP to $200!
Prominent analyst "Smile" forecasts a crypto market surge, led by Bitcoin (BTC) reaching $150,000 by 2025!
SHIB to $0.05: A 390,000% gain from its current price!
Ethereum (ETH) to $10,000
Dogecoin (DOGE) to $25.50
XRP to $200
Cardano (ADA) to $2.60
But, can SHIB reach $0.05? Critics argue it's overly ambitious, requiring a substantial increase in market capitalization and adoption.
The SHIB community remains committed to increasing the token's burn rate, which has surged significantly in recent months.
Other analysts predict SHIB to reach new highs based on recent breakout patterns and Fibonacci levels.
Stay tuned for a thrilling ride in the crypto market!
#SHIB #Xrpđ„đ„ #bitcoinâïž #CryptoMarketTrend
SHIB to $0.05: A 390,000% gain from its current price!
Ethereum (ETH) to $10,000
Dogecoin (DOGE) to $25.50
XRP to $200
Cardano (ADA) to $2.60
But, can SHIB reach $0.05? Critics argue it's overly ambitious, requiring a substantial increase in market capitalization and adoption.
The SHIB community remains committed to increasing the token's burn rate, which has surged significantly in recent months.
Other analysts predict SHIB to reach new highs based on recent breakout patterns and Fibonacci levels.
Stay tuned for a thrilling ride in the crypto market!
#SHIB #Xrpđ„đ„ #bitcoinâïž #CryptoMarketTrend
$BTC is creating a HUGE falling wedge pattern!
The breakout target is $65,000. đ€đ€đđ
#bitcoinâïž #BTCâ #CryptoNewss #CryptoMarketTrend
The breakout target is $65,000. đ€đ€đđ
#bitcoinâïž #BTCâ #CryptoNewss #CryptoMarketTrend
đ„đ„đ„ Massive $XRP Reversal: Breakout Next? Toncoin ($TON ) to Face Biggest Resistance Since August, Ethereum ($ETH ) in Poor State
#Grayscale's SUI and XRP Trusts Boost XRP Price
- Grayscale's launch of SUI and XRP trusts ignited a rally in XRP, driving strong bullish momentum. However, selling pressure quickly emerged, pulling XRP back but leaving room for potential further gains. The rally faces resistance, and breaking key levels will be crucial for sustained growth. Despite the volatility, XRP's position remains favorable for another rally if bulls regain control and sentiment stays positive.
Toncoin Targets 200 #EMA
- Toncoin (TON) is battling to break through the 200 EMA, a key resistance level. A successful breakout could signal a strong recovery, similar to the one after surpassing the 100 EMA. However, sustained capital inflow is needed for this breakout to be meaningful; otherwise, TON could face consolidation or retracement.
Ethereum Struggles Amid Market Weakness
- Ethereum (ETH) is struggling, with network activity at historic lows. User engagement and transaction volumes are declining as rival platforms like Solana and Telegram Open Network (TON) gain popularity due to lower fees and faster transactions. If Ethereum fails to address performance issues and high gas fees, it risks losing market share to more efficient networks during the broader crypto recovery.
Source - u.today
#CryptoMarketTrend #BinanceSquareTrends
#Grayscale's SUI and XRP Trusts Boost XRP Price
- Grayscale's launch of SUI and XRP trusts ignited a rally in XRP, driving strong bullish momentum. However, selling pressure quickly emerged, pulling XRP back but leaving room for potential further gains. The rally faces resistance, and breaking key levels will be crucial for sustained growth. Despite the volatility, XRP's position remains favorable for another rally if bulls regain control and sentiment stays positive.
Toncoin Targets 200 #EMA
- Toncoin (TON) is battling to break through the 200 EMA, a key resistance level. A successful breakout could signal a strong recovery, similar to the one after surpassing the 100 EMA. However, sustained capital inflow is needed for this breakout to be meaningful; otherwise, TON could face consolidation or retracement.
Ethereum Struggles Amid Market Weakness
- Ethereum (ETH) is struggling, with network activity at historic lows. User engagement and transaction volumes are declining as rival platforms like Solana and Telegram Open Network (TON) gain popularity due to lower fees and faster transactions. If Ethereum fails to address performance issues and high gas fees, it risks losing market share to more efficient networks during the broader crypto recovery.
Source - u.today
#CryptoMarketTrend #BinanceSquareTrends
đ„đ„đ„ 5 #Altcoinsđđ To Watch as $BTC Price Eyes $70K
Bitcoin surged 3.2%, nearing $60K, with a potential breakout aiming for $70K. As Bitcoin's bullish trend strengthens, these five altcoins are worth watching:
1. $XRP : Grayscale relaunched its XRP Trust, boosting institutional interest. XRP surged 7% to $0.57, with whales holding 6.94 billion tokens, signaling potential for continued gains.
2. Cardano (ADA): ADA rose 14.5% to $0.359, with increasing whale accumulation. A breakout above its trendline could push prices higher.
3. TRON ($TRX ): TRX dipped 2.1% to $0.148 after a recent rally but saw a 237% rise in long-term holders, reflecting strong long-term potential.
4. Polygon (POL): POL surged 15% to $0.418 after Binance integration. Increased user activity suggests further growth.
5. #SUIđ„ (SUI): SUI gained 11.35%, reclaiming $1 after Grayscale's SUI Trust launch. Growing DeFi interest and a $700M TVL highlight bullish momentum.
As Bitcoin eyes $70K, these altcoins are primed for potential gains amid the bullish market sentiment.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareBTC
Bitcoin surged 3.2%, nearing $60K, with a potential breakout aiming for $70K. As Bitcoin's bullish trend strengthens, these five altcoins are worth watching:
1. $XRP : Grayscale relaunched its XRP Trust, boosting institutional interest. XRP surged 7% to $0.57, with whales holding 6.94 billion tokens, signaling potential for continued gains.
2. Cardano (ADA): ADA rose 14.5% to $0.359, with increasing whale accumulation. A breakout above its trendline could push prices higher.
3. TRON ($TRX ): TRX dipped 2.1% to $0.148 after a recent rally but saw a 237% rise in long-term holders, reflecting strong long-term potential.
4. Polygon (POL): POL surged 15% to $0.418 after Binance integration. Increased user activity suggests further growth.
5. #SUIđ„ (SUI): SUI gained 11.35%, reclaiming $1 after Grayscale's SUI Trust launch. Growing DeFi interest and a $700M TVL highlight bullish momentum.
As Bitcoin eyes $70K, these altcoins are primed for potential gains amid the bullish market sentiment.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareBTC
đ #Altcoins Update: Altcoins have been in a descending broadening wedge for the past 6 months.
đ Whatâs Next?
âą đ An upward breakout is only a matter of time!
âą đ Wave 2 of the bull market will kick off right after!
đź Get ready for the next altcoin surge â the breakout could happen any day now!
#CryptoMarketTrend #AltCoinSeason #Debate2024 #Altcoinsđđ
âą đ An upward breakout is only a matter of time!
âą đ Wave 2 of the bull market will kick off right after!
đź Get ready for the next altcoin surge â the breakout could happen any day now!
#CryptoMarketTrend #AltCoinSeason #Debate2024 #Altcoinsđđ
