With a growing bearish intensity in the crypto market, XRP is down by 23.84% in the past seven days. Currently, XRP has a market cap of $118 billion, making it the fourth biggest cryptocurrency. However, the declining market sentiment has dipped the fear and greed index to 21. Furthermore, the total crypto market cap is down at $2.66 trillion, marking a 7.57% dip in the past 24 hours. As Bitcoin struggles near the $80,000 mark, the increasing bearish influence in the crypto market warns of a potential down in the XRP price below the $2 psychological support. XRP Price Analysis…
Author: cryphedge
The meme coin market was painted red throughout the month of February. The Shiba Inu (SHIB) market had a difficult time as it dropped by 28% during this time. The asset dipped from a high of $0.00001964 down to a low of $0.0000123. The meme coin has recorded more downfalls than upticks in February. But March could bring in new gains for Shiba Inu.Also Read: Dogecoin Whales Accumulate, Is a $0.50 DOGE Surge Coming in March?How High Is The Shiba Inu Market Trading Right Now?Source: Watcher GuruOver the past 24 hours, SHIB dropped by 10.51%. At the time of writing,…
As the crypto market is facing increasing volatility, investors are looking for ways to secure promising gains. Therefore, analysts have pointed out the best strategies that could drive 100% gains, including holding on to the ETH token despite the current Ethereum price drop and selling the PEPE token.At the same time, crypto experts are pointing toward the viral presale of DTX Exchange which is making waves in the crypto industry with its 10x gains potential. This emerging platform has already secured more than $15.2 million in its presale and guarantees a 2x return on investment right after listing.DTX Exchange: A…
Bitcoin Pepe (BPEP) is seeing notable presale momentum after the US Securities and Exchange Commission released guidance on meme coins. As investors position amid the current bear market sentiment, here’s what the SEC said and why Bitcoin Pepe could be the meme coin to watch in coming months. Bitcoin slumps below $80k- a buy opportunity? The regulator’s commentary on meme coins came as the crypto market continued to witness massive bloodbath. Bitcoin slumped more than 7% to dip below $80k, while Ethereum, XRP and Solana crashed. This carnage that followed bearish sentiment amid risk asset sell-off on tariff concerns and…
Ethereum is down 24% this week, recording the breakdown of the $2,200 crucial support level. The downfall now accounts for a plunge of nearly 50% from its recent swing high of $4,100 from the late 2024 high. Currently, ETH trades at a market value of $2,132, warning of a steeper correction in the weekly chart. Futures Market: Bears in Control? In the futures market, the long-to-short ratio stands at 0.9384, revealing a slightly larger number of bearish positions at play. Furthermore, the bulls are forced to pay a premium to hold their long positions. This is based on the funding…
As one of the worst weeks in the crypto market, the liquidations over the past 24 hours have risen up to $954 million. Amid the increasing bearish pressure, Bitcoin is down 5.79%, trading at a market price of $79,735. With another bearish and wealthy candle, Bitcoin marks its 4th consecutive bearish candle this week. Will this declining trend crash under the $6,000 support level? Let’s find out. Bitcoin Under Bears Grip Breaks $80k In the daily chart, the declining trend continues after facing a bearish reversal from the $99,000 resistance level. The declining trend has resulted in a bearish crossover…
The cryptocurrency market has faced a massive price correction. Bitcoin (BTC) has fallen below $80,000. The global crypto market cap has dipped 9.2% in the last 24 hours to $2.72 trillion. Dogecoin (DOGE) follows BTC’s trajectory, facing a massive price dip. DOGE is down 11.8% in the daily charts, 27.5% in the weekly charts, 29.6% in the 14-day charts, and 43.8% over the previous month. Despite the massive losses, DOGE has maintained some gains in the yearly charts. The asset is up by 92.9% since late February 2024.Also Read: Top 3 Cryptocurrencies That Could Rebound This WeekendSource: CoinGeckoCryptocurrency Face The…
The AI-driven consumer layer crypto project, MyShell (SHELL), experienced a significant surge today, prompting major crypto exchanges like Bithumb and Huobi HTX to announce its listing. MyShell (SHELL) Briefly Surges On February 28, MyShell (SHELL) saw a dramatic 22.9% increase in price over just 24 hours, with its trading volume surpassing $730 million. However, it has since experienced a slight dip of 4.7% in the last 24 hours, bringing its current price to $0.5808. Courtesy: Coinmarketcap Moreover, $SHELL’s trading volume on Gate.io alone has reached US$152 million, making it the second-largest trading volume in the world at the time. The…
Amid a broader decline in the crypto market and the ongoing US tariff war with other countries, Bitcoin (BTC) briefly dipped below the $80,000 mark before a slight rebound. Bitcoin Price Continues to Fall The cryptocurrency fell to $79,691 before quickly recovering back to the $80K range. BTC is currently trading at $80,779, after a 4.6% drop over the past 24 hours. Courtesy: Coinmarketcap Its market capitalization has also fallen to $1.6 trillion. However, more concerning than Bitcoin’s price volatility is its declining market volume. The 24-hour trading volume of Bitcoin has decreased by over 5.69%, now standing at $62.57…
The shift in the crypto market is becoming clearer by the day. On-chain wallet activity reveals that Shiba Inu (SHIB) and Dogecoin (DOGE) millionaires are pivoting to utility altcoins, anticipating another utility-altcoin-focused bull run similar to the one in Q4 2024. However, instead of banking on established assets like XRP, SOL, and ETH, whose growth is now limited due to their maturity, these whales are focusing on early-stage altcoins with massive upside potential. Notably, Shiba Inu and Dogecoin millionaires appear to have found the best altcoin to buy now: RCO Finance (RCOF). This cutting-edge AI-driven altcoin is powering a game-changing…
