Analysis Crypto by Thebittimes.Com

Mar 31, 2024 at 17:08 // Price Author Coin Idol The weakest performing cryptocurrencies are facing strong resistance and are unable to reach previous highs. Altcoins are at risk of falling much further as they have retraced to previous lows. Analysis of KCS, TAO, FTM, FLOKI and KAS by Coinidol.com. KuCoin Token KuCoin Token (KCS) has fallen below the moving average lines after reaching resistance at $16.00. The altcoin is recovering from its previous downturn but faces further rejection. Buyers are driving the altcoin to its previous historical price of $29....

The last month has certainly been an important one in terms of the growth of a plethora of digital assets. One of the better performers has been Shiba Inu (SHIB), as it has increased more than 170% in March, as many experts are targeting a $0.00009 price pre-halving. The Bitcoin Halving event is set to take place next month, and the digital asset market is highly anticipating its arrival. Indeed, the development will see the current circulating supply of BTC split in half. Considering how the price of Bitcoin has influenced the market thus far, the industry should be in for a massive surge. Also Read: Shiba Inu Forecasted to Repeat History: Can SHIB Hit $0.0001? Shiba Inu (SHIB) Set For Legendary Surge Before Bitcoin Halving? Just three months into the new year, the digital asset market has performed incredibly well. Thus far, Bitcoin has proven to be the tide that lifts all boats. Over the month, it reached a $73,000 all-time high and infused the market with an overwhelmi...

Binance has introduced Ethena (ENA), a synthetic dollar protocol, as the 50th Launchpool project. Farming ENA by staking BNB and FDUSD is open for three days from March 30, 2024. Binance will open trading for ENA on April 2, 2024. Ethena (ENA) is the 50 th project to hit the Binance Launchpool. This is after Binance , the world’s largest Crypto exchange by trading volume, announced the opportunity for users to farm ENA tokens ahead of trading support next week. Ethena (ENA) to list on Binance Binance said in the announcement on Friday that users can now stake BNB and FDUSD and farm ENA tokens for three days starting March 30, 2024 at 00:00 UTC. ENA farming is not available to users in Australia, Canada and the US among other jurisdictions, Binance noted. Meanwhile, the exchange will be the first Crypto exchange to open ENA trading on April 2, 2024 at 8:00 UTC. Supported trading pairs for the new token will be ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDU...

The Dogwifhat price surged over 19% in the last 24 hours to trade at $3.69 as of 2:30 a.m. EST as investors bet big on the Solana meme coin. WIF was also able to set a new all-time high at $4.01 in the last 24 hours, and overtook Pepe in terms of market cap. Dogwifhat is currently the third largest meme coin by capitalization.  Largest meme coins by market cap (Source: CoinMarketCap ) The Dogwifhat Price Breaks Above Major Resistance 4-hour chart for WIF/USDT (Source: TradingView ) The Dogwifhat price formed a positive price channel after it printed a series of higher highs and higher lows. This bullish momentum enabled the meme coin to not only overcome the $2.7730 barrier, but to also rise above the $3.4157 resistance level.  Traders have started taking profit as WIF trades at the upper boundary of the ascending price channel. Should sellers continue to exert pressure on the crypto, it may be at risk of retesting the recently-breached $3.4157 mark. This is a key leve...

With the Bitcoin halving looming just 23 days away, investors are ramping up their buying activity, driven by bullish sentiments and a desire to adjust their portfolios. This surge in interest is leading investors to explore alternative tokens with growth prospects, shifting attention towards Altcoins. Nevertheless, choosing the right altcoin requires careful consideration and research. InsideBitcoins offers valuable insights by highlighting a range of noteworthy altcoins deserving of investor attention. 6 Best Altcoins to Invest in Right Now Investors are directing their attention towards tokens such as GateToken, Ronin, and PancakeSwap, seeing them as promising investment opportunities ahead of the anticipated altcoin season. This increased interest strengthens investor confidence, enabling them to assess and optimize their investment portfolios actively. The presale of eTukTuk has surpassed $2.5 million, attracting investors interested in transforming transportation systems in u...

In a mix of currency wars, the Iran ian rial is the latest currency to fall prey to the gnawing hands of the US Dollar. The Iran ian rial has fallen to a new low against the USD , bringing Iran ian economic progress to a standstill. The Iranian rial has notably fallen 610,000 tomans against the USD. Dubbed a drastic dip documented by Rial to date, the price fall signals Iran’s worsening economic prospects, jeopardizing the nation’s monetary prestige.  Also Read: Currency: Bitcoin to Grow Stronger Than the US Dollar Iranian Rial’s Fall from Grace Source: Lonely Planet On March 24, the US dollar crossed all-time highs against the Iranian rial. The IRR took a massive dip as the USD went past the 610,000 rial mark for the first time.  Iran has been battling intense sanctions and restrictions hampering its economic progress for decades. The region is rife with political instability and mayhem. The political instability has further fueled the ec...

Cryptocurrencies were relatively mixed on Wednesday as investors waited for the next catalyst. Bitcoin remained above $70,000 as buyers attempt to retest its all-time high. Some of the other top-performing cryptocurrencies were Mantle (MNT), Sui, Bitcoin Cash, and SingularityNET (AGIX). This article provides a forecast for some of these coins like Bitcoin Cash,  BitBot , and Mantle. Bitcoin Cash price forecast Bitcoin Cash (BCH) price has been in a strong uptrend in the past few months.  It rallied as investors wait for the upcoming halving event, which will reduce the number of block rewards. This rebound gained steam on Wednesday as it crossed the important resistance level at $529.8, its highest swing on March 3rd. Moving above this price was an important move since it invalidated the double-top pattern, which has been forming recentlt. The token has moved to the fourth resistance of the Woodie pivot point.  It has jumped above all moving a...

In the newest video on the Austin Hilton YouTube Channel, he talks about an interesting crypto presale, one he has talked about before. This time, he focuses on Green Bitcoin. The project presale has sold out, raising over $9.5 million. With nine days remaining before the claim goes live and the anticipated announcement of the launch on major exchanges, excitement is building within the community. According to their Telegram account, the team announced that tokens can only be claimed directly on the official website. Green Bitcoin presale sold out – Get ready for claiming and $GBTC listing date As Bitcoin starts to recover, a new eco-friendly crypto is gaining attention after reaching a major milestone in its ICO. With over $9.5 million raised in the presale, Green Bitcoin has announced that the claim will go live on April 5th, 2024, at 1pm UTC. The Green Bitcoin presale is over! Now the real work begins! Listing details and token claiming details will follow shortly! For ...

The Dogecoin price rose 6% in the last 24 hours to trade at $0.179 as of 03:15 a.m. EST on trading volume that surged 22% to $2.7 billion. This comes as CoinDesk reports that Dogecoin’s recent price movements are similar to those observed in late 2020, after which the token loved by Elon Musk soared over 1000% in early 2021. CoinDesk bases its prediction that Dogecoin could now repeat that feat on the Dow Theory, which is based on the idea that asset price trends are self-repeating. Dogecoin Price Bulls Using The Inverse Head And Shoulders Pattern To Push The Price Higher DOGEUSD Chart Analysis Source Tradingview.com The Dogecoin price bulls remain resilient, driving the price from the $0.085 support to the resistance around $0.20. However, there seems to be a struggle for dominance as the DOGE records different lows and highs.   The downtrend to the $0.12 support level allowed the bulls to keep pushing the price even higher, which led to the formation of the in...

Bitcoin (BTC), has once again seized the attention of investors as it surpassed the $70,000 threshold. This marks a significant milestone in its eventful journey. This resurgence of Bitcoin not only boosted its own value but also propelled the broader crypto currency market forward, with altcoins benefiting from the prevailing optimism. As of the latest data, BTC is valued at $71,019.41, signaling a robust upward trend. Source Standard Chartered’s Revised Forecast In a noteworthy development, Standard Chartered, a prominent financial institution, has adjusted its price forecast for Bitcoin. They indicate a positive outlook for the digital asset. The institution now suggests that BTC could potentially surge to an impressive $150,000 by the end of 2024. This marks a considerable increase from its previous estimation. Standard Chartered’s forward-looking projections have garnered attention. In particular, its assertion that BTC could skyrocket to an astonishing $250,000 by...

Crypto traders are always on the hunt for the best cryptocurrencies to buy on any given day – we list some high potential coins in this post. Altcoins have risen in value, with some performing better than others. The crypto market shows strong upward trends, with top altcoins boosting portfolio values. In recent developments, Ethereum has maintained its status as the leading blockchain for NFT sales for the third day in a row, ending the week on a high note. Best Crypto to Buy Now   Recently, TON has maintained its upward trend in the crypto market, establishing itself as a preferred choice for investors. Furthermore,  Immutable and OKX have collaborated to launch a GameFi Launchpad, aiming to transform the gaming industry in the Web3 space. Additionally, VeChain has been actively forming notable partnerships, indicating the increasing acceptance of VeChain’s technology across different sectors. 1. Toncoin (TON) In recent weeks, TON has continued its upward ...