Dip

The post Andrew Tate’s DADDY Surges 40% Despite Bitcoin’s Dip To $60,000 appeared first on Coinpedia Fintech News Andrew Tate’s DADDY memecoin surged by 40% in the past 24 hours even while Bitcoin dipped below the $60,000 mark. The momentum for DADDY began to build after a video from Andrew Tate circulated. Tate urged holders of the meme coin to enroll in his so-called university, The Real World, and set a 72-hour window for the accumulation of DADDY, teasing a…

XRP price extended gains and tested the $0.4880 resistance zone. The price corrected gains but the bulls are now protecting the $0.4765 support. XRP price is correcting gains from the $0.4880 resistance zone. The price is now trading above $0.4750 and the 100-hourly Simple Moving Average. There was a spike below a connecting bullish trend line with support at $0.4790 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might climb higher again if it…

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a significant decline in value recently. Over the past month, its price has dropped by 15%, leading to concerns among investors about the future of this digital asset. The current situation raises questions about whether this downturn signals a prolonged decline or if it is merely a temporary setback before a potential recovery. Despite the price decrease, some analysts remain optimistic about Ethereum’s prospects. Prominent cryptocurrency analyst Yodhha has identified technical…

The cryptocurrency market has been battered by recent events, with Bitcoin leading the decline and dragging many altcoins down with it. However, Dogecoin (DOGE), the memecoin often dismissed as a joke, has surprised some analysts with its relative stability during the downturn. DOGE Holds On While Others Fall While established players like Bitcoin and Ethereum have seen significant price drops, Dogecoin has managed to maintain its support level. This unexpected resilience has sparked conversations about the future of DOGE, with…

The post Time To Buy The Dip As Analyst Highlights Key Reason Buy Bitcoin Now appeared first on Coinpedia Fintech News While Bitcoin has declined by almost 18% from its peak and is now priced at $61,000, it previously hovered between $61,000 and $67,000 during the initial ten days of the new halving cycle. Despite this, analysts believe that the current market situation presents a promising opportunity for investors to purchase Bitcoin, citing several factors for bullish analysis. RSI Hints…

The cryptocurrency market as of now appears to be volatile, especially with Cardano (ADA) and Ondo struggling to regain momentum after a significant price dip. While these two coins are struggling, Raboo, a new meme coin is making waves.  Although Raboo is still in its presales, it has shown signs and signals of great potential. The AI backed meme coin has a lot of features that make it stand out, including ability to monetize content. Find out more about Raboo…

The Shiba Inu community has proposed a new burning mechanism on Binance and Coinbase, that could see the circulating supply plummet drastically. Shiba Inu’s SHIB has come under intense pressure with the asset posting mixed market sentiments which could be driving high volatility. As volatility around Shiba Inu (SHIB) rises, the Shiba Inu community, commonly referred to as the “ShibArmy”, has offered a proposal that could see SHIB’s circulating supply plummet drastically. The new proposal has fueled massive optimism around…

The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market analyst Tylie Eric throws a glimmer of hope for XRP holders, predicting a potential price surge based on a technical indicator. Understanding Elliott Wave Theory Eric argues that XRP’s price movements might be following a historical pattern known…

Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, is not only maintaining his bullish stance on Bitcoin but actively encouraging investment, advocating a strategy to ‘buy the dip.’ His optimism and advice are deeply rooted in an analysis of global…