Bullish

A renowned crypto analyst predicts that Shiba Inu will break out from the current “intermission” phase to surpass its all-time high price. Another analyst identified as Ashish has predicted that the asset could surge to $0.00008089 by June 24, 2024, and has marked $0.000022 and $0.000025 as the buying zone.  Crypto analyst Javon Marks makes a good case for Shiba Inu (SHIB), predicting a whooping surge to $0.0000886 in the next phase of its price movement. Interestingly, its price has…

The post Michael Saylor’s Bullish Sentiment Regarding Spot ETH ETFs – Prepare For This Rally With These Cryptos appeared first on Coinpedia Fintech News In a turn round of events, Michael Saylor has unexpectedly made a bullish sentiment regarding Spot Ethereum ETFs. Saylor had earlier criticized Ethereum and other cryptos, claiming that these digital currencies were simple investment contracts and that assets such as ETH will never be wrapped in spot ETH ETFs. However, in his recent interview, Saylor has…

The post Shiba Inu (SHIB) Gears Up for Major Bullish Breakout: Here’s Why appeared first on Coinpedia Fintech News Leading Ethereum (ETH)-based meme coin, Shiba Inu (SHIB), has been preparing for the second leg of the macro bullish breakout towards retesting its all-time high (ATH). The large-cap altcoin, with a fully diluted valuation of about $25 billion, remains one of the most sought-after meme coins, with a daily average trading volume of about $653 million as of this writing.  However,…

One crypto analyst says Render (RNDR) is the crypto to buy and hold over the coming weeks, especially for investors not seeking quick intra-day speculative profits. He’s also bullish on Celestia (TIA) but warns that Lido DAO (LDO) may soon retest its lower Fibonacci retracement levels and urges caution with the Ethereum staking project. Artificial intelligence is the hottest technology in the world, and investors are buzzing about anything related to AI. This includes crypto, and while most AI-focused projects…

Bitcoin currently holds over 50% of the market dominance in the cryptocurrency sector and is generally considered less volatile than other cryptocurrencies. Let’s explore which altcoins might perform well in June if Bitcoin surges to its all-time high of $73,000. Bitcoin Nears ATH at $68,000, But Some Altcoins Remain Undervalued After experiencing a correction to $56,000 earlier in May, Bitcoin is closing the month positively and is currently trading at $68,000, approaching its all-time high. Some altcoins have not experienced…

The post Bullish Outlook For Ether As Traders Speculate Potential Price Rise  appeared first on Coinpedia Fintech News The Ether options open interest is currently $5,000 calls for the end of June expiry which is indicating a bullish outlook with traders as they are using call spreads between $4,000 and $5,000 to position for potential price rises. As per the latest analysis of options distribution by QCP Capital, there is a bullish outlook for Ether where traders are positioning to…

The post Pepe Triggers a Massive Rebound; Will FLOKI Follow a Bullish Trend & Soar by 20%? appeared first on Coinpedia Fintech News The markets appear to be recovering from the recent pullback as the top cryptos are gaining back their lost momentum. Despite the ongoing bearish wave, the tokens appear to remain within bullish brackets. As a result, memecoins like PEPE & FLOKI have quickly triggered a huge upswing as soon as Bitcoin regains its position above $68,000.  With…

Toncoin serves as the native token of the TON ecosystem and has multiple use cases. The token like other native tokens such as Solana (SOL) and Ethereum (ETH) has been doing well, as it experienced a notable price rise, especially with the launch of Notcoin (NOT) recently.  Based on TON’s past price movements, the token has successfully formed a Double-Top chart pattern, which is typically followed by a price decline. With a 10% decrease in the past day’s trading volume…

Crypto analyst Capt Toblerone recently provided insights into the Shiba Inu (SHIB) future trajectory using the Elliot Wave Theory. This suggested that the meme coin’s recent price correction was simply part of a bigger picture, with the analyst predicting the meme coin will hit a new all-time high (ATH) on its next leg up.  SHIB’s Price Is Headed Towards $0.00022 Capt Toblerone shared a Shiba Inu chart on his X (formerly Twitter) platform, which showed that Shiba Inu will rise…