đ¨đ¤đ¸Render (RNDR) Up +18%, This is the Next Price Target !!!
This price increase may be due to advances in AI, such as Sora from OpenAI. This strengthens Render's position by demonstrating the potential of high-quality generative content.
â¨Price Render (RNDR) Technical Analysis
RNDR has experienced a bullish trend since September 2023 at a price of US$1.32, with a price increase of 5.5 times to today's price. In the daily period chart, the RSI indicator has shown the number 85 which means it is overbought.
However, in a bullish trend, this overbought signal may not be too much to worry about. As at the end of October 2023, the RSI has given an overbought signal but the price of RNDR continues to increase.
However, if the RSI signal is correct this time, then based on the Fibonacci Retracement there is a support area at the price of US$6.6 (light green line). RNDR has the opportunity to reach this price level if a temporary price correction occurs.
Furthermore, RNDR makes it possible to resume price increases and has the potential to penetrate the all time high at US$8.76, around +20% from the current price at US$7.26. #RNDRbullish #RNDR #RNDRUSDT $RNDR
đŞđ đ¸ Pepe's price is preparing to strengthen up to 200%, is this just the beginning?
Previously, $PEPE was included as a nominee for Coinmarketcap's Meme Coin of the Year, without the presence of SHIB and DOGE as "old players". Pepe prices rose more than 50 percent in the last 24 hours.This relatively unexpected spike occurred at the same time as Bitcoin's price soared to US$57 thousand and a few days after PEPE became part of the Simple Earn program on Binance.Technically, PEPE prices have the potential to rise by more than 100 percent in the next 30 days in the next few weeks
The Dencun Ethereum upgrade scheduled for March 13, 2024 will arrive soon. This upgrade aims to fix several problems such as scalability and cheaper transaction fees. The Dencun Upgrade not only benefits the value of $ETH but also benefits L2 which is ready to adapt the upgrade. What does L2 mean? $ARB $COTI $OP$MATIC$METIS$MNTWe now know that the price of ethereum seems to have responded so it rose to $3000+, and what is certain is that L2 will soon follow
đ several AI cryptocurrencies whose prices will soon soar !!
Amidst a backdrop of market uncertainty, AI-focused crypto tokens have carved out a niche of their own, demonstrating resilience and growth potential that sets them apart from the rest.How the bullish patterns of these three prominent AI cryptocurrencies, namely Worldcoin (WLD), The Graph (GRT), and Render (RNDR), each show promising trajectories in the evolving digital asset landscape. WorldCoin $WLD , led by OpenAI CEO Sam Altman, has shown remarkable resilience, rebounding significantly in Fe
đđŞ strong buy signal, the $SOL is ready to fly đ¸
Popular crypto analyst, Ali Martinez, has presented quite optimistic predictions for SOL price movements in the near future, effectively signaling a potential opportunity to buy this digital currency.
Ali uses X to spread a bullish outlook for Solana price in the short term. At the heart of Martinez's analysis is the use of the Tom Demark (TD) Sequential indicator, a technical analysis tool designed to determine the potential point of trend exhaustion and subsequent price reversal.
âThe TD Sequential indicator presents a buy signal on Solana's daily chart, indicating upside potential that could include one to four daily candlesticks for SOL,â he said in a tweet.
In the context of Martinez's analysis, the conclusion of the setup phase is seen as a precursor to a potential increase in SOL prices, marked by one to four candles indicating bullish movement.
After Martinez's bullish projection, SOL price action has indeed started to reflect positive adjustments. According to the latest report, SOL's valuation hovers around US$104, marking an upward adjustment of more than 3 percent in the last 24 hours.#Solanađđđ
đ¨ 421 billion shiba tokens have been sold by whales, what is the impact?
one whale investor has sold around 421.6 billion SHIB tokens at a price of US$0.000009437, reaching a total value of almost US$3.98 million.
This massive sale occurred on Saturday (24/2/2024), with the whale carrying out transactions across two platforms, namely Binance and an undisclosed DEX.
The background to this transaction reveals that the whale initially acquired the SHIB token for an amount of US$10.30 million when the market value of Shiba Inu was at US$0.00002443.
However, after holding the token for 2.5 years, the whale decided to liquidate it at a price of US$0.000009437. This move resulted in a sizable loss of around 61.4 percent, estimated at around US$6.32 million. $SHIB #SHIBA_INU
đđ¸ Bitcoin price will go to $63,000 next March!!
Matrixport is optimistic that the price of BTC could reach US$63,000 in March 2024 or one month before the Bitcoin halving. Matrixport names four catalysts that will drive Bitcoin prices next month. First and foremost was the landmark approval of a spot Bitcoin ETF by the SEC on January 10th. Second is the upcoming Bitcoin halving event in 2024 is another important driver. Third is that anticipated interest rate cuts following the Federal Reserve meeting could support risk assets such as Bitcoin. Fourth is the looming US presidential election and the associated policy uncertainty often has investors flocking to Bitcoin as a hedge against potential economic changes. Sentiment This is also supported by industry stalwarts, with Bitwise CIO Matt Hougan predicting Bitcoin could surge past US$80,000, supported by ETF-driven demand.
đđ¸$DOGE Price Ready to Shoot to US$10, Mimicking Previous Technical Pattern.
blockchainmedia.id reports that Dogecoin (DOGE), a popular cryptocurrency inspired by memes, has shown significant volatility on its daily chart, its price is ready to shoot up to US$10, forming a symmetrical triangle pattern.
This pattern is a critical indicator of the tug-of-war between bulls, who are attempting to push the price above the key resistance level of US$0.090, and bears, who are determined to pull the price lower.
DOGE price is currently at US$0.084, a clear sign that the battle between bulls and bears is intensifying. The formation of this symmetrical triangle is worth paying attention to because it indicates the possibility of a breakout.
Historically, such patterns often precede significant price movements, indicating that DOGE could be on the verge of a bull run. However, before such a potential surge, there is a possibility of a price decline, as indicated by the current market dynamics.
Amid these market dynamics, analyst Ali Martinez provides a bullish outlook for DOGE, suggesting a possible breakout reminiscent of the memecoin's incredible rally in 2020.
Martinez's analysis, based on patterns observed on weekly charts, implies that Dogecoin could approach the US$10 mark in a future bull run, highlighting optimistic sentiment among some market participants.
"At that time, DOGE exited the descending triangle, entered a consolidation period, and then skyrocketed by 28,770 percent," Ali said in a tweet. #DOGEđśđ¸đđ
đ Bitcoin price has the potential to shoot up before the halving đ
pointing to the Moving Average Convergence Divergence (MACD) indicator plunging into negative territory, a sign of growing bearish momentum that could lead to a short-term price drop below US$51,000.
However, the analysis also identified key support and resistance. If Bitcoin price falls, the US$47,764 support will be crucial for bulls to defend to trigger a rebound.
Conversely, a breach above the US$52,051 resistance level could set the stage for a rally towards US$60,000, underscoring the volatile yet potential nature of Bitcoin trading.
Adding complexity are the technical indicators from the daily charts. The indicator's cross of the 20-day EMA above the 50-day EMA and Bitcoin price positioning above both indicate an underlying bullish sentiment that could shrug off the short-term bearish trend and push BTC towards the predicted US$63,000 mark. $BTC
đđ¸ ADA price will go to $1!!! here is the analysis
Zycrypto reports that, leading market analyst, Ali Martinez, has put the spotlight on Cardano, suggesting that the digital currency is on the verge of a significant breakthrough. Based on historical patterns, Martinez thinks that Cardano's value could see a remarkable upward trajectory.âCardano breakout may come earlier than expected! "However, if history repeats itself, we anticipate ADA rising to US$0.80, pulling back to US$0.60, and then entering a bull run towards US$8 in January 2025," Ali
đ¸đđ¤A sign that Solana prices are starting to rise? this is the prediction!!!
The Solana ecosystem witnessed positive developments, with its Total Value Locked (TVL) surging to highs not seen since June 2023. According to data from DeFiLlama, both Solana's TVL and trading volume saw substantial increases, highlighting the growing interest and activity within its network.Applying Fibonacci retracement levels to SOL price action reveals critical support points that could play an important role in the near term. The 61.8 percent retracement level at US$94.16 emerged as a pot
đ¨đ¨ Starknet Unlock Token (STRK) Allocation Changed After Community Protests
This change was made by StarkWare after receiving strong criticism from the community regarding the initial token unlock plan which was considered too short with too many token allocations just two months after its release on February 20.The community is concerned that StarkWare's plan allows investors to use Starknet retail users as exit liquidity. This could potentially cause STRK prices to collapse because there are more sales than purchases.Time and Latest STRK Token AllocationInitially, 1.3
Polygon: The Big Leap to Polygon 2.0 and Its Impact on MATIC đâŹď¸đ¸
Polygon, a leader in Ethereum scaling solutions, recently celebrated a milestone moment with the final launch of their native coin, MATIC, marking a major step towards adoption of Polygon 2.0. This event saw 273 million $MATIC coins, worth approximately US$253 million, transferred to the Matic Foundation. This transfer marks an important milestone, indicating that the entire supply of Polygon's crypto, MATIC, is now circulating in the market.The Big Leap to Polygon 2.0According to Coin Edition'
đđ¤đ¸ Celestia's supersonic rally: how long can it last?
"The Future is Modular"This popular phrase that has been trending on crypto Twitter for a while highlights the rise of âmodular blockchainsâ.It is rapidly becoming a category-defining narrative for the upcoming bull run, and Celestia network is currently absorbing all the early accolades.Since Celestiaâs mainnet launch, its native asset is up by 600%, defying many naysayers who deemed the asset overvalued at the beginning of the rally.Now, despite its rally, the doubts remain whether the asset c
⨠5 Altcoins Championed by Crypto Billionaire Arthur Hayes
Hayes also mentioned his tendency to invest in crypto assets. "I would rather invest in a token with a success rate of 0.01% with a unique and viral backstory, than a token with a success rate of 50% but has no story whatsoever," he wrote.Based on the above, here are the five altcoins mentioned in Hayes' article.dYdX$DYDX The story that Hayes told about DYDX was the shift in derivatives trading volume from CEX to DEX. The problem with CEX is that the management of user assets involves third part
$BTC đ¨đ U.S Bank FOMO Bitcoin ETF, SEC Asked to Adjust Rules !!
Major banks and financial institutions in the United States are pushing the United States Securities and Exchange Commission (SEC) to readjust the definition of crypto assets
This adjustment can allow them to have a bigger role in crypto, one of which is acting as a crypto custodian.
According to Eric Balchunas, Bloomberg ETF analyst of U.S. banks, which no longer plays a major role, it's this Bitcoin ETF that led them to push the SEC to change guidance around digital asset ownership.
Until now, banks in the US have not obtained permission to engage as custodians. On the other hand, other ETFs generally provide a role for banks as custodians.
Bitcoin weekly newsletter author TheBitcoin Therapist said, "Bankers are getting annoyed that they can't provide Bitcoin ETFs to their customers. FOMO Q1 is already driving them crazy."
Portal is a crypto gaming platform designed to support various games and blockchain networks. According to Binance's description, it is a cross-network gaming platform with a mission to get more players into Web 3.0. Last December, the blockchain gaming project held a presale for its native token, which its team claimed was successful. They also initiated several awareness programs, including token airdrops, to introduce the project into the crypto ecosystem.
The portal aims to bring together games and players from different blockchain networks within their cross-chain token platform.
Through a partnership with LayerZero, Portal enables a flawless multi-chain experience for players, connecting isolated Web3 games with new players through a streamlined user interface.
The Portal platform is being developed by the Portal Foundation, an organization based in the Cayman Islands.
The Foundation is responsible for the development and maintenance of the Portal ecosystem. Portal Foundation's mission is to support and promote the Portal ecosystem by empowering players, game developers, and decentralized governance.
Then there's the Portal Platform offering players a unified access point for Web3 gaming and gaming-related transactions, eliminating the complexity of interacting with diverse chain-based gaming environments.
The Portal platform design features a native Portal token, $PORTAL , which has various functions within the network, including transaction fee payments, platform payments, governance, staking, exclusive access, and node purchases.
While Portal Wallet is designed to simplify players' transition to the Web3 gaming world, giving users a unified identity that integrates seamlessly across all platform games.
The Portal platform has a Portal token, built on top of the LayerZero protocol, with the aim of connecting games within the Portal network using a unified exchange system and the potential of adopting $PORTAL as the default currency. $PORTAL serves as an important payment and fee token on the Portal network
đ¤đ¤ Chainlink (LINK) Increasingly Popular and Used, Are Bullish Signs in Front of Your Eyes? $LINK
The surge in Chainlink (LINK) prices throughout February, reaching a striking two-year peak, was marked by investors taking action.
This wave was evidenced by significant accumulation in LINK for long-term investments, signaled by on-chain data revealing that over US$200 million in LINK had been withdrawn from exchanges in two weeks. Most of these withdrawals found their way to staking platforms, contributing to a marked increase in total value locked (TVL).
At the center of this financial movement is LINK's impressive market performance, trading at US$19.60, placing it with a market capitalization of US$11.5 billion, making it the 12th largest cryptocurrency by market capitalization.
According to a Crypto News Flash report, the cryptocurrency witnessed a substantial rally from a monthly low of US$13.58 on January 25 to a monthly high of US$20.80 on February 12, marking its highest trading value in two years.
This latest bull run is a sharp contrast to the latter part of the previous year, where LINK struggled to break the US$17 resistance level, with several attempts throughout mid-November and December being rejected.
However, by establishing a higher low and strengthening its support, LINK managed to pass the US$17 mark earlier this month for the first time since January 2022, indicating strong bullish momentum.
Specifically, data from Lookonchain shows a trend of newly created crypto wallets withdrawing millions of LINK tokens from exchanges, signaling a shift towards long-term holding, particularly on staking platforms, as LINK reserves on exchanges run low.
đ Indonesian vice presidential candidate Gibran Rakabuming Raka promises to support blockchain and crypto talents, what about the leaders in your country?
Candidate for Vice President of Indonesia, Gibran Rakabuming Raka, promised to encourage strengthening talent in the blockchain and crypto fields to provide more opportunities for the younger generation.
Gibran, who is ALSO the Mayor of Surakarta, said in the campaign that the program he is promoting will provide opportunities for the young population in the digital space. The running mate of presidential candidate Prabowo Subianto highlighted that this would develop future talents with the necessary skills.
This digital support includes exploration in the realm of blockchain and crypto. During his campaign, Gibran also said that he would prepare blockchain, crypto and cyber security experts. Apart from that, Gibran also mentioned that he would prepare experts in artificial intelligence and digital marketing.
Gibran, who is also the eldest son of Indonesian President, Joko Widodo, is the running mate of Indonesian Defense Minister and presidential candidate, Prabowo Subianto. This 36 year old politician is now competing for the position of vice president, which will be decided in the Indonesian General Election which is scheduled to start on February 14 2024.
Indonesia, now a thriving Web3 technology hub, is continuing to strengthen its push into the crypto space in 2023 despite previously banning crypto payments. On May 28, the Indonesian government restricted tourists dealing in crypto payments and stated that they "will be dealt with firmly," with penalties such as deportation or other criminal sanctions.
On July 21, Indonesia launched its national crypto exchange, which will be monitored by local regulators. Now the platform will be the only place in the country where digital asset exchange is considered legal. #indonesia #Write2Earn #supportblockchain
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