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The Shiba Inu (SHIB) network value to transactions (NVT) ratio has come into focus, with the meme coin currently enjoying an uptrend. However, this metric suggests that Shiba Inu could soon hit a roadblock on its journey to $0.00003.  Shiba Inu NVT Ratio Is On The Rise Data from the on-chain market intelligence platform Glassnode shows that Shiba Inu’s NVT has witnessed a massive increase and is currently way ahead of the meme coin’s price. This is significant as it…

As the initial presale stage for MoonTaurus (MNTR) nears its end, the project has seen an influx of investors rushing to secure their position before the token's price skyrockets. With the current presale price of $0.005, early adopters will begin counting their gains as the next phase begins with a 100% price increase. Why MoonTaurus Is Captivating Investors MoonTaurus has captured the attention of investors not merely as another digital currency but as a transformative financial asset. The token serves…

Tron price is rising from the $0.1300 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1350. Tron is moving higher above the $0.1300 resistance level against the US dollar. The price is trading above $0.1320 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1330 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1380…

Solana-based meme coin Dogwifhat (WIF) has seen a significant price and market capitalization surge over the past two weeks, recording a 68% increase in value during this period. WIF reached $2.81 on Monday, marking its highest monthly valuation.  The token’s market cap has also experienced significant growth, nearly doubling in just one month from $1.5 billion to its current market cap of $2.8 billion. Nevertheless, experts anticipate further growth in WIF’s market capitalization, potentially resulting in the token surpassing its…

The post Ethereum Signals Major Bullish Reversal; Solana Targets 21% Price Increase appeared first on Coinpedia Fintech News Analyst Josh of Crypto World has analyzed trends in the price movements of Solana Ethereum, opening up about the current technical patterns that suggest potential market directions. Despite running into a critical resistance area, he said that Ethereum is signaling a massive bullish reversal. Ethereum’s Daily Chart Signals Bullish Reversal A bullish reversal signal is flashing on Ethereum’s daily chart, showing a…

The post Bitcoin, Ethereum, Cardano Rebound From Market Lows, Analyst Says Increase Will Continue appeared first on Coinpedia Fintech News Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) were listed as some of the biggest losers in the metaverse this past month. However, these tokens ended the last week on a good note, and analysts believe this new trend will continue. ETFSwap (ETFS) has also enjoyed a steady run as its presale raises millions. Important Indicator Signals Huge Recovery For Bitcoin…

Lido DAO (LDO), the innovative liquid staking solution on the Ethereum network, has been on a wild ride lately. After a stellar run, the past week saw LDO plummet 24%, mirroring the broader cryptocurrency market’s turbulence. However, amidst the dip, a sense of cautious optimism flickers among investors, fueled by potential market shifts and bullish whispers from industry gurus. Lido’s Prominent Role In Ethereum Staking LDO’s recent price tumble isn’t a solo act. The entire cryptocurrency market has been dancing…

The Solana (SOL) price is expected to rise to $1300 once the SEC approves a spot Solana Exchange-Traded Fund (ETF).  According to a GSR report, only Bitcoin (BTC) and Ethereum (ETH) currently satisfy the basic requirements for a spot ETF consideration; however, a pro-crypto president could change the possibilities.  Solana (SOL) recently became a topic of discussion after VanEck’s head of digital asset research, Matthew Sigel, announced that the asset manager has officially filed for the first-ever spot Solana ETF…

In a recent technical analysis by popular crypto analyst Big Mike (@Michael_EWpro), the likelihood of a substantial rise in Dogecoin (DOGE) has been spotlighted. Employing a blend of Elliott Wave theory, Fibonacci retracement levels, and crucial indicators such as the RSI and MACD, the analysis presents a bullish scenario that could greatly influence Dogecoin’s market stance. Why Dogecoin Could Skyrocket By 440% The three-day chart for Dogecoin, as traded on Binance, exhibits a complex structure that suggests the application of…