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BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance. After a period of impressive gains, the recent downturn is raising concerns about an impending correction, with mounting selling pressure suggesting that the bullish momentum may be waning. As the market sentiment shifts, the crypto community is left wondering how low BONK could go and whether it can regain its footing. With uncertainty in the air, this analysis aims to analyze the…

Bitcoin has been on an incredible price momentum for the past two weeks. This momentum, which took many by surprise, saw Bitcoin breaking above the psychological $65,000 price level again. According to price data, Bitcoin traded as low as $52,820 on September 6. Its recent rebound to $66,300 indicates that the king of cryptocurrencies has recovered substantially by 25.5% in two weeks. According to Coinglass data, this marks the biggest gains recorded by Bitcoin in September since 2013. Yet, despite…

When crypto is in Up Mode, it can be difficult knowing which sector to focus on. The information overload and FOMO is real. Those who’ve spent the last few weeks in the memecoin trenches trading new tokens, for example, may have missed some of the breakouts being posted by more established tokens – and it’s here that the greatest opportunity lies. Broadly speaking, new tokens pump because they’re new. When the same occurs to established tokens, it’s usually for a…

The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has in fact not ended, as new reports of the regulator possibly opposing the court’s decision have surfaced. If the SEC decides to proceed with the appeal, Ripple could be drawn into an even longer and more tedious legal dispute, extending the uncertainty about its regulatory clarity.  SEC May Appeal Ripple Court Ruling  In an X (formerly Twitter) post on September 26, Fox Business journalist Eleanor Terrett…

XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency’s value. This optimism isn’t just wishful thinking; it’s based on trends seen on XRP’s one-month chart that mirror the cryptocurrency’s rapid success in 2017. As XRP struggles to reclaim prior highs, many traders wonder if this is the beginning of another bull run. EGRAG’s chart analysis shows that XRP almost touched the red rising support line four times. The pattern is similar to the price…

Uniswap’s UNI has grown in favor of investors as the token continues its upward trajectory in the face of crucial on-chain developments. According to CoinGecko, the token surged 30% since last month, keeping the token on the green zone. With the market’s renewed bullishness, UNI might be on the road for some gains in the short term.  Uniswap recently announced a development that may enhance user experience in using the platform altogether. Investors are excited as the platform continues to…

Doggy-themed meme coin, Shiba Inu (SHIB), could be gearing up for a major rally to new all-time highs this bull cycle. Given the cryptocurrency’s recent bullish performance, analysts predict that Shiba Inu can surge above its all-time high of $0.000086.  Shiba Inu Targets New All-Time Highs The price of Shiba Inu recently jumped from around $0.00001 to $0.00002. This significant price increase occurred in the last few weeks, hinting that the popular meme coin may be getting ready for a…

In what has been an “unusual” September, Bitcoin (BTC) has now recorded another positive weekly performance.  According to data from CoinMarketCap, the maiden cryptocurrency surged by 5.07% in the last seven days, moving its cumulative gain in this month to 11.30%. Interestingly, with Bitcoin halving since gone, analysts remain highly expectant of the traditional market bull run by the largest digital asset. BTC In Consolidation As It Gathers Momentum For Breakout In an X post on Friday, popular analyst Crypto…

The cryptocurrency market has been on a red-hot streak in the past week, with most large-cap assets posting significant gains. The Maker (MKR) token is another one of the assets enjoying a positive week, with the DeFi (decentralized finance) coin recording a 12% price increase in the last seven days. Analyst Forecasts $1,850 Target For Maker Price In a recent post on the X platform, prominent crypto analyst Ali Martinez has put forward an exciting outlook for the price of…