Este artículo también está disponible en español. Crypto analyst Balo (@btcbalo) has highlighted a major technical breakout on the Dogecoin (DOGE/USD) chart that suggests a bullish trend in the near future. Balo’s analysis, based on a 4-hour chart, points to several key technical developments that are driving expectations of a continued upward movement of the Dogecoin price. Why Dogecoin Looks Poised To Rally A cornerstone of Balo’s assessment centers on Dogecoin’s decisive breach of a longstanding downtrend line on December 28. This downtrend line, originally established from the December 8…
Day: January 2, 2025
XRP Market Update: Is $2.90 Within Reach After Key Resistance Break?
On Thursday, XRP is currently dancing at a price of $2.36 to $2.40 in the last hour, with a market valuation soaring to $137 billion and a 24-hour trading volume hitting $9.65 billion, bouncing between an intraday range of $2.16 to $2.452. XRP In the short term, XRP’s 1-hour chart is on a upward journey, […] Source CryptoX Portal
XRP Price Targets $13 After Completing Highest Candle Body Close In History – Details
Este artículo también está disponible en español. The XRP price ended the month of December at around $2.08 after a period of back and forth between gains and declines. Although it ended December just above the $2 mark, the XRP price went through a bullish period in the first half of the month, which saw it peaking around $2.9, its peak price in over six years. Despite ending the month at a 28% decline from this six-year peak, XRP has nonetheless achieved the highest monthly candle body close in its…
Bitcoin Technical Analysis: $100K in Sight as Bulls Battle Key Resistance Levels
Bitcoin, currently coasting along at $96,566 to $96,751 over the last hour, with a 24-hour volume of $27.76 billion and a market valuation of $1.92 trillion, has been bouncing between $93,444 and $96,794, hinting at exciting volatility according to technical indicators. Bitcoin On the hourly chart, bitcoin‘s price has been on an impressive upward climb […] Original
Dollar’s (DXY Index) Path Is Tracking Donald Trump’s First Presidential Term: Van Straten
Since U.S. President-elect Donald Trump’s convincing election victory two months ago, the dollar has strengthened more than 3% against its peers, matching its trajectory after his previous win in 2016. Last time round the DXY Index, which measures the currency’s value against a basket of the U.S.’ major trading partners, peaked in December before trailing off for the next 12 months, coinciding with bitcoin’s (BTC) 2017 bull run. It’s possible the story will be different this time around. The index has not shown signs of tailing off, and Trump’s economic…
Bitcoin’s December Shake-Up: Fewer Transactions, Record-Breaking Value
Excluding Dec. 1, daily transactions on the Bitcoin blockchain experienced a steep decline as the month unfolded. Between Dec. 2 and Dec. 31, a total of 12,105,415 transactions were recorded. Despite the drop, on Dec. 5, the network achieved a record high for the total dollar value of transactions processed in a single day in […] Original
Wealth Mentor Predicts XRP Path To $100 – Time To Buy Now?
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
ADA, XRP, ETH, DOT, XYZVerse
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse is taking the crypto world by storm as the first all-sports meme coin, offering investors an exciting 7,402% return potential while blending sports culture with blockchain. The cryptocurrency market is seeing exciting developments, and five digital coins are gaining significant attention. Cardano, XRP, Ethereum, Polkadot, and the emerging XYZVerse are leading the pack with their innovative features. Explore what sets these cryptocurrencies apart and why they are becoming…
Launch of the HTX DAO Forum: A New Dawn for Exchange Governance
PRESS RELEASE. In December 2024, HTX DAO announced the official launch of its governance forum, ushering in a new era of innovation for global crypto community governance. This move represents more than just a new feature; it also marked a historic step for exchanges, transitioning from traditional centralized management towards decentralized autonomous governance model. *Forum […] Source
Insights From Dragonfly Capital’s Leader
Este artículo también está disponible en español. Haseeb Qureshi, managing partner at Dragonfly Capital, outlined his crypto predictions 2025 via X, forecasting transformative trends that could significantly alter the crypto landscape. Here are the detailed insights from each of the key areas Qureshi covered: Crypto Predictions 2025 By Haseeb Qureshi #1 A Blurring Line Between L1s/L2s: In his crypto predictions 2025, Qureshi forecasts the diminishing distinctions between Layer 1 and Layer 2 networks, forecasting a major consolidation within the blockchain industry. “The era of differentiating L1s from L2s based on…