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Showing posts with the label market trend

TRON Close To New Peak: Can It Follow Bitcoin, XRP, & BNB?

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TRON (TRX) is inching closer to its all-time high of $0.4313. The asset hit a peak in December 2024, but faced a quick correction soon after. TRX is currently down by 26.3% from its all-time high. The asset could reclaim its peak if it continues its upward trajectory. Bitcoin (BTC), XRP, and Binance’s BNB have all hit new peaks over the last few days. TRX could be the next crypto to achieve a new high. When Could TRON Hit A New All-Time High? Source: CryptoRank TRX is currently up 2.2% in the daily charts, as CoinGecko reveals, 5.7% in the weekly charts, 10.9% in the 14-day charts, 19.1% in the monthly charts, and 141.9% since July 2024. TRX’s rally follows the general market bullish wave we have seen over the last few weeks. Source: CoinGecko TRON’s rally is likely due to a market-wide resurgence. There is ample FOMO (Fear Of Missing Out) among investors. Retail players may be entering the market after a substantial period of hibernation. The market rally was initiall...

Litecoin Could Be ‘Just Weeks Away’ From Third-Ever Golden Cross — Expert 

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Circle grows faster than Tether this year

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Tether’s USDT, worth over $155 billion, has commanded a near-monopoly over the stablecoin market for nearly a decade. Earning $13 billion in profit last year, the most transaction volume of any crypto asset — including BTC itself — and benefiting from its asset manager joining the presidential cabinet of Donald Trump, many people doubted any stablecoin could ever compete. However, for the first time in history, the world’s largest stablecoin issuer is reckoning with serious competition in the form of Circle. Circle has advanced its USDC remarkably this year, and Protos has compiled data on three metrics by which it has gained ground against Tether. For the first time in history, the world’s largest stablecoin issuer is reckoning with serious competition. Although Tether remains the market leader and retains a dominant share of tokens outstanding, search queries, and trading volume, Circle’s growth rates highlight some areas in which it is gaining ground....

Solana Bubble Maps Turn Neutral – Is This The Setup For A SOL Summer Rally?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

VeChain (VET) Predicted To Hit $0.10: Here's When

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The cryptocurrency market seems to be recovering from its correction. Bitcoin (BTC) has reclaimed the $99,000 mark. The global crypto market cap has risen 1.2% in the last 24 hours to $3.62 trillion. VeChain (VET) also follows the current market trend. The asset is trading in the green zone in the daily and weekly charts. Also Read: UBS Predicts Gold Prices for 2025 VeChain In The Green Zone Source: Zipmex VET has rallied by 5.8% in the daily charts and weekly charts. The asset has also risen by 56.3% since January 2024. Despite the rally, VET is down 0.7% in the 14-day charts and 15.1% over the previous month. Source: CoinGecko Also Read: Reliance Jio Joins Forces with Polygon – What This Means for Crypto in India VET’s latest rally is likely due to BTC inching closer to the $100,000 price point. The market resurgence could be due to President-elect Donald Trump’s inauguration being just around the corner. Many anticipate a market-wide rally under Trump’s leadership d...

Expert identifies XRP key levels to watch as ‘bullish breakout is confirmed’

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A cryptocurrency trading expert has pointed out that an XRP price breakout is already confirmed following the short-term bullish momentum, and investors should anticipate further surges. According to Alan Santana, XRP is showing potential for a higher shift, having broken above a descending trendline after weeks of consolidation following its December 2024 peak, as indicated in his TradingView post on January 12. XRP price analysis chart. Source: TradingView/Alan Santana Santana’s outlook noted that after a sharp bullish rally late last year, inspired by post-election optimism, XRP entered a retracement phase that evolved into a consolidation pattern. This pattern, often considered a 50/50 scenario where price action can break up or down, has now decisively favored the bulls. Picks for you If you put $1,000 in Donald Trump's ...