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Showing posts with the label predictions

Vechain Skyrockets 35% Today: VET To Reach $1 Next?

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VeChain has spiked nearly 250% in the last 30 days, delivering stellar returns to investors in a short period. VET was trading at $0.020 in November and is now trading at the $0.066 mark in December. The leading altcoin skyrocketed in the charts in just 30 days and is among the top-performing cryptocurrencies this month. The rally is attracting heavy buying sentiments, with investors flocking towards VET for profits. Also Read: Shiba Inu: How Many SHIB Tokens You Need To Make $1 Million? Source: Coingecko VeChain Kick-starts a Rally: Will VET Cross $1 Price Target? The supply chain-based cryptocurrency had reached an all-time high of $0.281 in April 2021. It’s been more than three and a half years since VeChain failed to reclaim its lost territory. Despite the ongoing bull run, the maximum VET price surge could be 250% in a month. It needs to rise by nearly 1,450% from its current price of $0.066 to reach $1. Also Read: Cardano: Can ADA Break The $2 Price Ceiling By Mid December 2...

Can Toncoin (TON) Hit $10 in September 2024?

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Toncoin (TON) has been the talk of the cryptocurrency town for a lot of reasons. Since CEO Pavel Durov’s imprisonment, the encrypted messaging software Telegram has been under investigation worldwide, which has been problematic for TON. The asset dropped by 21% throughout the past month. Also Read: Solana (SOL): Will Its $110 Support Hold? Analyzing the 20% Price Drop Toncoin’s Current Performance And Future Predictions Source At press time, TON was trading at $5.21, a drop of 2.45% over the past 24 hours. The asset is currently 36% below its all-time high of $8.24, which was achieved about three months ago. While attaining this level seems like a task, September could be bullish for the altcoin. Also Read: Shiba Inu Gears Up To Launch DAO: Will This Push SHIB To Claim $0.01? How High Can Toncoin Surge in September 2024? According to data from Changelly, analysts predict that Toncoin might hit a high of $8.34 in September 2024. This is quite far away from the $10 milestone. The lo...

Dogecoin: Experts Predict 163% Increase For DOGE

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The OG meme cryptocurrency Dogecoin (DOGE) has barely witnessed a notable uptick lately. Reaching the $1 zone seems almost impossible with its price movement over the years. Despite rising by 60% throughout the past 12 months, the meme coin remains 890% below the $1 mark. Amidst this, DOGE was trading at $0.1011 with a 0.10% dip over the last 24 hours. Also Read: Gold Prices Trade Safe Above $2,500 as US Dollar Risk Looms Source Meanwhile, the movement of DOGE into the wallets of significant holders rose by more than 118% during the previous day. According to data from IntoTheBlock, it went from 67.85 million to 148.36 million tokens, or $14.84 million . The decrease in outflows is the real cause of the surge, not the increase in inflows. The amount of DOGE that significant holders withdrew from their wallets during the review period dropped by 45.9% to 111.41 million tokens. Also Read: FLOKI: Double-Bottom Pattern – Next Big Investment with 20% Surge? Dogecoin to Witness A Major Rise:...

Bitcoin miners need BTC price over $98K by the halving — Analysis

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To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year. Predictions that Bitcoin (BTC) will see a six-figure price by the end of next year continue to surface despite BTC price losing the $30,000 level in recent days.  But for publicly-listed Bitcoin miners , in particular, a price north of $100,000 may be more of a necessity than a forecast if their business models are to remain profitable. Bitcoin halving: Bad news for public miners? Bitcoin mining stocks have been on a tear this year, outperforming BTC in recent months by a wide margin. While BTC has seen reduced volatility and a period of consolidation, Bitcoin mining companies' stocks have risen by nearly 100% in a matter of months. Recent performance of popular BTC mining stocks. Source: Made Easy – Finance on Seeking Alpha A recent report by “Made Easy – Finance” on Seeking Alpha goes into detail on the subject by examining one popular miner i...

$160K at next halving? Model counts down to new Bitcoin all-time high

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A bold prediction states that BTC price can gain 500% between now and April 2024. Bitcoin (BTC) price action may lack momentum this month, but one popular analyst is still eyeing new all -time highs. In his latest Analysis , TechDev confirmed that he believes BTC/USD will see a “parabolic top” around the 2024 block subsidy halving . Can Bitcoin p gain 500% in a year? Less than twelve months away, Bitcoin’s next halving is already the topic of debate among market participants. Some argue that the event will lay the foundations for the next all -time high, in line with previous halving cycles. For TechDev, however, the new BTC price record should come sooner rather later — specifically, in Q2 next year. The idea was originally covered in a Market Update blog post earlier in May. This week, meanwhile, it was described as his “primary time-based idea.” A chart uploaded to Twitter showed the path to the Q2 top dotted with resistance lines — Fibonacci retracement levels and the current a...

Bitcoin may only need 4 weeks to hit $30K as key monthly close looms

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Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance. Bitcoin (BTC) sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price bulls keep faith in $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $23,318 on the day, up $600 from its weekend lows. The latest move marked a modest comeback after a grim week for risk assets which saw United States equities suffer thanks to above-expected inflation data. Despite that, Bitcoin still remained below levels flagged by analysts as important to reclaim before the end of the month . Only isolated voices remained optimistic, these including popular trader Kaleo, who maintained that $30,000 remained a BTC price “magnet.” #Bitcoin / $BTC $30K is still a magnet. pic.twitter.com/68EeKhiBVv — K A L E O (@CryptoKaleo) February...