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TronWeekly

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Pi Network (PI) Faces Steep Declines, Short-Term Rebounds, and Long-Term Prospects

  • Pi Network (PI) experienced a steep drop of 26.31%, with RSI reaching an oversold level of 23.35.
  • After the decline, there was a short-term recovery of 8.03%, with Pi trading at $0.965763 and a 24-hour volume of $1.18 billion.
  • Token unlocks increase selling pressure, potentially leading Pi towards lower support levels such as $0.3 or even $0.009.
  • Long-term growth for Pi Network depends on ecosystem development and the success of its DApps.

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TheNewsCrypto

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Helium (HNT) Price Surges Over 7% as Bulls Push for Further Gains

  • Helium (HNT) is currently trading at $3.35 and defending a strong support level at $3.00.
  • Analysts believe that Helium could hit $4.00 - $4.50 in the short term and anticipate long-term adoption by 2025.
  • Helium (HNT) has witnessed a 7.1% increase in the past 24 hours, trading at $3.27.
  • Helium's hotspots model and growing ecosystem position it as a crypto to watch, with potential price projections ranging from $7.00 - $8.50 within a year and $14+ by 2025.

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TheNewsCrypto

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Across Protocol (ACX) Price Spikes 40% Today, What’s Next?

  • Across Protocol’s ACX token price jumped over 40% today.
  • Bithumb announced the ACX token listing with a KRW trading pair.
  • ACX is trading at $0.3925 with a 32.18% increase in the last 24 hours.
  • The surge in ACX price is attributed to the Bithumb listing, indicating potential further gains.

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TheNewsCrypto

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Tornado Cash (TORN) Surges 42% in a Day, Indicators Hint Further Gains

  • Tornado Cash (TORN) surged 42% in the last 24 hours, indicating bullishness.
  • TORN indicators such as MACD and RSI show bullish signs.
  • TORN price is showing a strong upward trend, trading above moving averages.
  • Analysts expect TORN price to break above $15 mark with increased buying volume.

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TronWeekly

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HBAR at a Crossroads: Will $0.176 Hold or Trigger a 33% Drop?

  • HBAR is testing the critical $0.176 support level, which could determine its next move.
  • A successful hold above $0.18 may push the price toward $0.23, with potential for further gains.
  • If support fails, the price could drop to $0.12, marking a significant decline.
  • Grayscale’s Hedera Spot ETF filing has boosted investor optimism and institutional interest.

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Nigeriabitcoincummunity

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How to Profit from Zora: A Trader’s Guide to NFTs and Rewards

  • Zora, a decentralized NFT and SocialFi marketplace, integrates with Base, providing traders and creators cost-efficient trading, minting, and earning opportunities.
  • Zora was founded in 2020 by former Coinbase employees and operates as an NFT marketplace and protocol layer, focusing on decentralization and equitable trading.
  • With the Base integration, Zora benefits from faster transactions, lower costs, and a more seamless trading experience for users.
  • Traders can capitalize on Zora's integration by flipping NFTs, earning referral rewards, and potentially benefiting from future incentives like airdrops.
  • There are opportunities for traders to profit through trading NFTs, earning referral rewards, and positioning for potential airdrops on Zora.
  • Base's plans to enhance transaction speeds and attract more users could lead to increased liquidity and better opportunities within the Zora marketplace.
  • Zora's upcoming $ZORA token launch and memecoin status present enticing opportunities for traders interested in the NFT economy.
  • The integration of Zora with Base offers a promising space for traders and creators to engage in decentralized NFT and SocialFi trading with lower costs and innovative features.
  • Traders looking to profit from NFT trading and SocialFi can benefit from Zora's rewards, including flipping NFTs, earning referrals, and potential future airdrops.
  • Overall, Zora's partnership with Base presents a lucrative opportunity for those seeking to capitalize on the evolving NFT market and SocialFi landscape.

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TronWeekly

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Ripple’s RLUSD Stablecoin Gains Momentum With $160M Supply

  • Ripple's RLUSD stablecoin has reached a circulating supply of $160 million and is gaining traction in the stablecoin market.
  • The number of Ethereum mainnet addresses holding RLUSD has increased by 15% to 2,345.
  • Uniswap accounted for $12.5 million of RLUSD's $23 million daily trading volume, indicating increased liquidity.
  • RLUSD/ETH exhibited bullish momentum at $1.004, while RLUSD/USDT remained neutral at $0.9995.

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Coindoo

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Crypto Trader Turns $304 Investment into $482,000 Profit

  • A crypto trader turned a $304 investment into a $482,000 profit.
  • The trader purchased $43.94 million worth of BUBB when it was undervalued.
  • BUBB's price skyrocketed by 150,000%, resulting in the trader's holdings being worth nearly half a million dollars.
  • The trader has made 152 transactions in a week, with a 50% win rate, earning $59,000 in total profits.

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99Bitcoins

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Kaspa (KAS) Technical Analysis: Riding the Wave of Altcoin Hype

  • Kaspa (KAS) is generating hype in the altcoin market with its innovative technology and rumors of a potential Binance listing.
  • Technical analysis reveals key support and resistance levels for KAS, along with chart patterns indicating a price reversal and potential breakout signals.
  • Price action suggests a predicted break of $0.082 and a target of $0.11 in the near future, with a potential listing on Binance acting as a catalyst.
  • Overall, KAS is riding the wave of altcoin hype and attracting attention in the dynamic altcoin season.

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TheNewsCrypto

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PancakeSwap (CAKE) Price Surges 10% As Whale Activity Soars 

  • PancakeSwap (CAKE) price surged by 10% in the last 24 hours and displayed strong whale activity.
  • On-chain analysis revealed a significant increase in whale activity, boosting CAKE's price.
  • Technical indicators like EMA, Supertrend, and Bollinger Bands suggest a continued upward trend.
  • CAKE's trading volume increased by 80.14%, and the price is currently at $2.6015 with bullish sentiment.

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TheNewsCrypto

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Toncoin (TON) Drops Over 4% After TD Sequential Flashes a Pullback Signal

  • Toncoin (TON) has slipped over 4% and is currently trading at $3.58.
  • TON's daily trading volume has decreased by over 36.60%.
  • The crypto market is experiencing a bearish trend, and Toncoin is following suit, facing a decline of over 4.42%.
  • Toncoin might face short-term selling pressure, as the TD Sequential indicator has triggered a sell signal.

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TronWeekly

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XRP Targets $10? Fibonacci Analysis Hints at Explosive Growth

  • XRP is holding strong at the $2.36 support level, signaling the potential for a bullish breakout.
  • Fibonacci extensions suggest a possible surge to $5-$10 in the coming months.
  • Market sentiment remains optimistic, with key resistance levels to watch at $2.70 and beyond.
  • XRP could potentially follow a four-year cycle, similar to Bitcoin's market path, indicating further growth followed by a cooling down period.

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Bitcoinist

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Digital Euro Needed To Protect Europe’s Financial Sovereignty, ECB Expert Says

  • Europe needs a digital version of its currency (digital euro) to protect its financial independence.
  • Philip Lane, Chief Economist at the European Central Bank (ECB), emphasizes the importance of a digital euro to counter the rising popularity of stablecoins and foreign payment systems.
  • A digital euro would enable Europe to have more control over its financial system and reduce dependence on payment services from abroad.
  • The European Central Bank sees the digital euro as crucial for maintaining Europe's fiscal autonomy and preventing foreign stablecoins from dominating the region.

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Newsbtc

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XRP Price To $27: Why Current ‘Boredom Phase’ Could Trigger Epic Rally

  • Crypto analyst predicts XRP price could reach $27 as it undergoes a 'boredom phase' or Bermuda Triangle period of slow market action before a significant rally.
  • The analyst cautions that many traders are growing impatient as XRP fails to show notable price increases, but this phase is part of a setup for a strong rally towards $27.
  • XRP market controlled by whales and larger players, who influence price movements and shake out weak hands before a major rally.
  • Another market expert suggests XRP is retesting breakout levels to trigger a surge towards a new all-time high, with a projected price target of $4 or higher.

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Bitcoinsensus

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XRP Eyes Consolidation in Post-Lawsuit Expansion

  • XRP experienced a surge in trading volume and investor interest following the conclusion of the Ripple-SEC lawsuit.
  • XRP's price growth has been less dramatic than expected, possibly due to anticipatory trading and the fact that the lawsuit resolution was already factored into its earlier price movements.
  • Ripple is now focusing on strategic expansion plans, including acquisitions, in the areas of blockchain payments, tokenization, and crypto custody services.
  • XRP's sustained interest reflects investor confidence, but any significant growth is expected to occur more gradually as Ripple consolidates its position in the industry.

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