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Showing posts with the label recovery

Two Scenarios Map Out Bitcoin Price Crash After Recovery

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Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery​?

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Ripple (XRP) Vs. Binance Coin (BNB): Which Will Recover First?

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The cryptocurrency market has made a slight recovery since its crash on Monday, Apr. 7. Bitcoin (BTC) is moving closer to reclaiming the $80,000 price point. The global crypto market cap has risen 2% in the last 24 hours to $2.6 trillion. Ripple’s XRP token and Binance’s BNB coin also follow the recovery trend. Also Read: GCC: 7 Gulf Nations Plans To Launch Unified Currency, Ditch US Dollar Ripple’s XRP and Binance’s BNB In The Green Source: Watcher Guru XRP has rallied by 8.1% in the last 24 hours and 215.8% since April 2024. Despite the rally, XRP’s price is down 10.9% in the weekly charts, 21.4% in the 14-day charts, and 14.8% over the previous month. Source: CoinGecko Also Read: JPMorgan’s 3 Key Signals for Buying Stocks Again: Market Recovery Conditions Binance’s BNB, on the other hand, has rallied 4.3% in the last 24 hours and is red across other time frames. BNB is down 8.1% in the weekly charts, 11.9% in the 14-day charts, and 2.7% over the pr...

Dogecoin (DOGE) Rallies 10% After Crash: $0.20 Next?

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The cryptocurrency market is showing signs of a slight recovery after its most recent bloodbath. Bitcoin (BTC) rallied 3.8% in the last 24 hours and is inching closer to $80,000 once again. The global crypto market cap has climbed 3.7% in the previous 24 hours to $2.59 trillion. Dogecoin (DOGE) also follows a similar path. The original memecoin is up 10% in the daily charts. Despite the rally, the asset is down 10.8% in the weekly charts, 17.3% in the 14-day charts, 20.8% in the monthly charts, and 26.5% since April 2024. Also Read: Chinese Yuan Falls To Lowest Level Against US Dollar In 2 Years Source: CoinGecko Spell Of Tariffs Grip Financial World Source: Reuters Dogecoin (DOGE) and other cryptocurrencies faced a massive price dip on Monday, Apr. 7. Global stock markets also plummeted as a result of President Trump’s tariffs. China witnessed its worst stock market crash since 2008. Japan and Taiwan had to halt trading due to circuit breaks. China has slammed a 34% tariff on the...

Shiba Inu (SHIB) Forecasted To Hit 3.3 Cents, Here's When

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The Shiba Inu (SHIB) ecosystem recorded a notable couple of months. Despite experiencing increased volatility, the meme coin has managed to retain itself well within the top 20. Amidst this, the burn activity in the SHIB market was seen recording an uptick. Are all these factors enough for the asset to record a new peak sooner rather than later? Also Read: GTA 6 Insane Detail: Store Heists, Car Chases & Cash in Underwear? Shiba Inu Starts Slow But Steady Recovery Source: Watcher Guru Throughout the past 24 hours, Shiba Inu recorded a nearly 3% rise. The meme coin went from trading at $0.00001181 all the way to $0.00001266. Following this, SHIB settled down at $0.00001262, at the time of writing. Sadly, the asset’s current price follows a 20% drop throughout the past month. Source: CoinMarketCap The meme coin’s increased burn activity seemed to be in line with its above-mentioned recovery. On March 13, a significant transaction was carried out, which involved moving 459.29 mi...

Chainlink Recovery Incoming? LINK Looks to Retake $14 in March

Chainlink (LINK) is picking up momentum after being a part of a sluggish month for cryptocurrency in February. The altcoin is recovering in price, with LINK up 6% on Tuesday, trading just over $13.50. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. For Tuesday, LINK’s Long/Short ratio shows buyers’ dominance, indicating the bullish sentiment in the market. Bulls are sending the price up by buying supply in bulk. Their sentiment hints that bulls seem confident a deeper decline is unlikely despite a brief pullback this past weekend. This can also be observed in Chainlink LINK’s trading volume, which is up 28% in the last 24 hours to $878.52M. Long Buyers Beating Out Short Sellers for Chainlink Furthermore, according to Coinglass, the Chainlink Long/Short ratio, which measur...

Sui Crypto Price Prediction – Can $SUI’s Recent Recovery Lead to a $4 Rebound?

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Sui has been experiencing a turbulent period with a notable drop in its price following a failed breakout above the $4 level. However, Sui has managed to hold its ground in the crypto space, even amidst the recent bearish trend. After peaking at $5.35 and achieving a market cap of $15.9 billion, $SUI faced a significant drop, eventually hitting a low around $2.70. However, it’s now showing signs of recovery, bouncing back from the lows and climbing steadily. Investors who managed to buy during the dip are likely seeing gains as the price rises again. Recently, Sui also launched on Phantom, further expanding its ecosystem by adding new integrations like SendSwap and Base Chain. $SUI Crypto Price Prediction At the time of writing, $SUI is trading at $3.19, with a 24-hour trading volume of $1.4 billion and a market cap of $9.99 billion. The $SUI price has dropped by 23% in the last seven days. As for its price movements, Sui had been in a rising wedge pattern for a while, which ...

Momentum on $MEDA presale breeds optimism for price recovery on Shiba Inu and FLOKI

TLDR Several analysts have predicted Milei Moneda ($MEDA) could be the best cryptocurrency to buy right now. Shiba Inu (SHIB) could gain massively in the next crypto rally, according to some analysts. A number of experts are predicting that FLOKI could set a new all-time high in 2024. Milei Moneda ($MEDA) hits the ground running as many investors invest in its presale. Shiba Inu (SHIB) has been affected by the crypto market bloodbath despite increased Shibarium activity. Floki’s (FLOKI) roadmap could rescue the meme coin from a 27% slump in the past week.  Economize Like Milei: Invest in $MEDA Milei Moneda leads meme coin recovery Milei Moneda has attracted massive attention because of its successful and lucrative presale . The gains available in the presale have led to an influx of investors from other projects to Milei Moneda. These investors see the opportunity to regain their losses after the market recently took a steep nosedive.  $M...