Crypto_Awad
@Crypto_Awad
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Shiba Inu Leader Says Burning 99.9% of Shiba Inu is Not Impossible
Posted on December 23, 2023The lead developer of the Shiba Inu ecosystem has argued that eliminating 99.9% of Shiba Inu’s circulating supply is not impossible.In a recent tweet, Shytoshi Kusama, the enigmatic leader of the Shiba Inu development team, expressed that bringing Shiba Inu’s current circulating supply to 0.1% of its size is a vision that can materialize.This bold declaration comes amid an exchange with a Shiba Inu critic. The context of the conversation was Shibarium’s soaring positiv
Hedera (HBAR) Price Aims to Reach $0.35
The HBAR price is slowly rising towards the cycle highs in the times when the markets continue to remain sluggish. Meanwhile, the bears managed to restrict the rally below $0.3 for a while, but the current breakout suggests a major upswing is imminent, indicating a new ATH could be on the way.
The HBAR price broke the falling wedge pattern in the short term and is printing constant bullish candles. The RSI is incremental, while the Ichimoku cloud has just turned bullish. Therefore, the price is believed to maintain a healthy upswing to reclaim the lost levels at $0.38, which may further push the price above $0.4 before the end of the year. With this, the Hedera price could$HBAR
The HBAR price is slowly rising towards the cycle highs in the times when the markets continue to remain sluggish. Meanwhile, the bears managed to restrict the rally below $0.3 for a while, but the current breakout suggests a major upswing is imminent, indicating a new ATH could be on the way.
The HBAR price broke the falling wedge pattern in the short term and is printing constant bullish candles. The RSI is incremental, while the Ichimoku cloud has just turned bullish. Therefore, the price is believed to maintain a healthy upswing to reclaim the lost levels at $0.38, which may further push the price above $0.4 before the end of the year. With this, the Hedera price could$HBAR
Aave Testing the Neckline of a Bullish Pattern
The AAVE price had broken out of a bullish pattern in the long term and after a minor retracement, the ascending trend has been revamped. The bulls are accumulating strength along a major resistance and a breakout from the current range may pave the way to mark a new ATH in the first few days of 2025.
The short-term price action of AAVE suggests huge potential in surpassing the crucial resistance at $400. The token has broken the Adam & Eve pattern and triggered a rise of over 10% followed by a horizontal consolidation. The stochastic RSI has reached the oversold zone and is preparing for a rebound while the MACD is about to undergo a bearish crossover. Therefore, the price could be slightly correct below $370, which may attract a strong rebound that may elevate the levels beyond $400 and reach $420 very soon. $AAVE
The AAVE price had broken out of a bullish pattern in the long term and after a minor retracement, the ascending trend has been revamped. The bulls are accumulating strength along a major resistance and a breakout from the current range may pave the way to mark a new ATH in the first few days of 2025.
The short-term price action of AAVE suggests huge potential in surpassing the crucial resistance at $400. The token has broken the Adam & Eve pattern and triggered a rise of over 10% followed by a horizontal consolidation. The stochastic RSI has reached the oversold zone and is preparing for a rebound while the MACD is about to undergo a bearish crossover. Therefore, the price could be slightly correct below $370, which may attract a strong rebound that may elevate the levels beyond $400 and reach $420 very soon. $AAVE
Dogecoin (DOGE) Technical Analysis and Upcoming Level
According to expert technical analysis, the meme coin is currently facing strong resistance near the $0.346 level. Based on recent price action, if DOGE breaches this resistance and closes a daily candle above $0.36, there is a strong possibility it could soar by 25%, reaching the next resistance level at $0.44 in the near future.
On the positive side, DOGE’s Relative Strength Index (RSI) currently stands at 37.85 which indicates there is a strong possibility of upside momentum in the coming days.$DOGE
According to expert technical analysis, the meme coin is currently facing strong resistance near the $0.346 level. Based on recent price action, if DOGE breaches this resistance and closes a daily candle above $0.36, there is a strong possibility it could soar by 25%, reaching the next resistance level at $0.44 in the near future.
On the positive side, DOGE’s Relative Strength Index (RSI) currently stands at 37.85 which indicates there is a strong possibility of upside momentum in the coming days.$DOGE
Shiba Inu (SHIB) Price Analysis
Besdies, the Shiba Inu price has fallen below the rising wedge, causing the token to spike by more than 30%. It could appear the price may soon trigger a healthy rebound, but the technicals suggest the other way around. The SHIB price could be prone to a wider correction, which could drag the levels below $0.00002 very soon.
The MACD shows a drop in buying volume and the levels are suddenly heading towards a bearish crossover. On the other hand, the Ichimoku cloud is turning bullish as the bearish trend is expected to end. Moreover, the bullish crossover between the base & conversion line may invalidate the bearish trajectory. Therefore, the SHIB price continues to remain within a decisive phase and the trade until the weekend may have a greater impact for the upcoming price action in 2025. $SHIB
Besdies, the Shiba Inu price has fallen below the rising wedge, causing the token to spike by more than 30%. It could appear the price may soon trigger a healthy rebound, but the technicals suggest the other way around. The SHIB price could be prone to a wider correction, which could drag the levels below $0.00002 very soon.
The MACD shows a drop in buying volume and the levels are suddenly heading towards a bearish crossover. On the other hand, the Ichimoku cloud is turning bullish as the bearish trend is expected to end. Moreover, the bullish crossover between the base & conversion line may invalidate the bearish trajectory. Therefore, the SHIB price continues to remain within a decisive phase and the trade until the weekend may have a greater impact for the upcoming price action in 2025. $SHIB
Dogecoin (DOGE) Price Analysis
After the dreadful fall in the past few days, the Dogecoin price experienced a major downfall since the start of the week. The mid-week plunge dragged the BTC price below $95,000, which dragged the entire market, including the DOGE price, close to $0.26 from the highs around $0.32. However, the bulls have managed to elevate the levels back above $0.31 but the rally appears to be still under a bearish influence.
The weekly chart of DOGE indicates that the price has yet to rise above the bearish influence. However, the chart and the RSI seem to have formed a similar pattern and if the bulls manage to hold the support at $0.33 until the end of the week, then a fresh upswing could be imminent. Otherwise, the price is feared to drop below the $0.2, facing huge sell-offs. Meanwhile, the ADX is currently bearish, with the levels heading towards a bearish close and the ADX has displayed a bearish divergence.
Hence, bearish waves continue to haunt the Dogecoin price rally; however, a close above $0.35 may invalidate the bearish trajectory. $DOGE
After the dreadful fall in the past few days, the Dogecoin price experienced a major downfall since the start of the week. The mid-week plunge dragged the BTC price below $95,000, which dragged the entire market, including the DOGE price, close to $0.26 from the highs around $0.32. However, the bulls have managed to elevate the levels back above $0.31 but the rally appears to be still under a bearish influence.
The weekly chart of DOGE indicates that the price has yet to rise above the bearish influence. However, the chart and the RSI seem to have formed a similar pattern and if the bulls manage to hold the support at $0.33 until the end of the week, then a fresh upswing could be imminent. Otherwise, the price is feared to drop below the $0.2, facing huge sell-offs. Meanwhile, the ADX is currently bearish, with the levels heading towards a bearish close and the ADX has displayed a bearish divergence.
Hence, bearish waves continue to haunt the Dogecoin price rally; however, a close above $0.35 may invalidate the bearish trajectory. $DOGE
Uniswap (UNI) Price Aims for a 100% Rise Soon
The top DeFi token, Uniswap, has been largely volatile since the start of the year and experienced over 220% rise followed by 13% retracement. The price failed to clear one of the pivotal resistance zones between $18.9 and $19.6, the neckline of the parabolic recovery. However, the UNI price is expected to face an extended pullback and eventually trigger a strong rebound in no time.
The UNI price is currently facing extreme bearish pressure for the second consecutive week, which suggests it may maintain a strong descending trend until the end. The OBV has displayed a bearish divergence but may certainly not validate a momental shift from the ongoing bullish trend. The token is experiencing a rise in volumes after a long time and with the first weekly Golden Cross, the price is expected to get a larger boost and trigger a 100% rise, reaching levels above $24.
$UNI
The top DeFi token, Uniswap, has been largely volatile since the start of the year and experienced over 220% rise followed by 13% retracement. The price failed to clear one of the pivotal resistance zones between $18.9 and $19.6, the neckline of the parabolic recovery. However, the UNI price is expected to face an extended pullback and eventually trigger a strong rebound in no time.
The UNI price is currently facing extreme bearish pressure for the second consecutive week, which suggests it may maintain a strong descending trend until the end. The OBV has displayed a bearish divergence but may certainly not validate a momental shift from the ongoing bullish trend. The token is experiencing a rise in volumes after a long time and with the first weekly Golden Cross, the price is expected to get a larger boost and trigger a 100% rise, reaching levels above $24.
$UNI
Hedera (HBAR) Price Eyes At a New ATH at $1
Hedera price triggered a massive upswing after rebounding from the November lows; HBAR price surged and achieved levels not seen since December 2021. With this recovery, the market participants became confident of the upcoming price action as the platform witnessed a huge influx of buying volume that it had never witnessed ever in history. This seems to have triggered a strong bullish case for the HBAR price, which is believed to mark new highs before the end of the year and eventually reach $1 or levels just above, marking the peak for the ongoing bull run.
The latest integration of Hedera & Chainlink seems to have fueled the rally, which is about to enter a fresh bullish range. The price is stuck between 0.786 & 1 FIB levels between $0.44 and $0.571. As the RSI has displayed a bearish divergence from the overbought zone, a small pullback in the price is expected, which has begun and reached levels below $0.25. However, if the RSI hovers within the upper zone, the bullish momentum could be held, which may revamp a strong rise towards the ATH at $0.571 before the end of the year. $HBAR
Hedera price triggered a massive upswing after rebounding from the November lows; HBAR price surged and achieved levels not seen since December 2021. With this recovery, the market participants became confident of the upcoming price action as the platform witnessed a huge influx of buying volume that it had never witnessed ever in history. This seems to have triggered a strong bullish case for the HBAR price, which is believed to mark new highs before the end of the year and eventually reach $1 or levels just above, marking the peak for the ongoing bull run.
The latest integration of Hedera & Chainlink seems to have fueled the rally, which is about to enter a fresh bullish range. The price is stuck between 0.786 & 1 FIB levels between $0.44 and $0.571. As the RSI has displayed a bearish divergence from the overbought zone, a small pullback in the price is expected, which has begun and reached levels below $0.25. However, if the RSI hovers within the upper zone, the bullish momentum could be held, which may revamp a strong rise towards the ATH at $0.571 before the end of the year. $HBAR
#Altcoins👀🚀
I should bullposting this chart daily so that you understand how much potential Altcoins still have in this cycle.$SOL
$BNB
$POL
I should bullposting this chart daily so that you understand how much potential Altcoins still have in this cycle.$SOL
$BNB
$POL