Alex – Page 97 – BitcoTasks BLOG

Injective (INJ) Skyrockets 21% As Proponents Weigh In On New Developments

August 24, 2024

Injective piques investors’ interest as on-chain developments continue on the platform. These new integrations and information excite investors, bumping the token’s price by over 21%. The continuous positive developments are expected to further steer the INJ on the bullish path. Given the conditions and positive developments of Injective, its investors and traders have chosen the…

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Shiba Inu Breaks Above Trendline: Can The Bulls Drive SHIB To $0.00002045?

August 24, 2024

Shiba Inu

Shiba Inu (SHIB) has recently surged past a key bullish trendline, sparking fresh optimism among traders and investors. This breakout marks a significant shift in momentum that could pave the way for a potential rally toward the $0.00002045 level. As the market eyes this potential rally, all attention turns to whether SHIB can sustain its…

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300,000 Ethereum Transfer Sparks Shock At Leading US Exchange

August 24, 2024

Cryptocurrency Market News

In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Each transfer involved 150,000 ETH, totaling a staggering 300,000 ETH at nearly $395 million. These transactions were carried out consecutively. Ethereum: Market Reaction And Speculation…

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Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?

August 24, 2024

Ethereum

Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of Ethereum in particular moved upward by 6.38% to nearly breach the $2800 price mark. However,…

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Floki Has ‘More Room To Climb,’ Targets 96% Rally – Analyst

August 24, 2024

Cryptocurrency Market News

Crypto analyst Javon Marks has just highlighted FLOKI as a digital asset that could register an impressive growth. In a post on X, Marks noted that if FLOKI confirms a so-called Hidden Bull Divergence, gains of over 96% can be expected. This technical pattern implies an upsurge once the FLOKI breaks above $0.000276 resistance. If…

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Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch

August 24, 2024

Bitcoin

The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price of BTC appears to have received a breath of fresh air following Federal Reserve Chairman Jerome Powell’s…

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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows

August 24, 2024

Bitcoin

Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they are adjusting its policy and hinting at a potential 25bps rate cut at the next meeting on September 18. This unexpected news has fueled Bitcoin’s recent volatility, with prices swinging unpredictably in the past weeks. Crucial on-chain data from CryptoQuant…

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Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key

August 24, 2024

Solana

Solana (SOL), currently positioned as the fifth largest cryptocurrency by market capitalization, is mirroring Bitcoin’s (BTC) recent pattern of recovery, exhibiting a positive trajectory over the past couple of weeks. Friday’s recent price spike comes on the heels of positive macroeconomic developments from the US Federal Reserve (Fed), which have had a positive impact on…

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Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When

August 24, 2024

Cardano

Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among supporters. Amid this, another bullish prediction has been presented by crypto analyst Alan Santana,…

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Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000

August 24, 2024

Bitcoin News

Economist and market analyst Henrik Zeberg has made an updated bullish forecast for Bitcoin, predicting that the leading cryptocurrency could surge between $115,000 and $120,000. Zeberg, who forecasted a rise to $95,000-$100,000 in December 2022, revised his prediction based on his Business Cycle Model. Bitcoin On The Verge Of A Breakout? Despite a generally bearish…

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Crypto Analyst Predicts 42,263% Breakout For XRP Price To $280, Here’s The Roadmap

August 24, 2024

Xrp

A crypto analyst is predicting a massive XRP’s sluggish price performance, the analyst believes that this cryptocurrency could soar as high as 42,263%, potentially hitting an ambitious price target of $280 this bullish cycle. Roadmap To XRP’s $280 Price Increase In an X (formerly Twitter) optimistic projections for XRP, highlighting critical points where the cryptocurrency…

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