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  • Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments

    Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments

    • Bitcoin Dogs (0DOG) surged by over 2.7x on debut, now stabilized around $0.03.
    • Sun Token (SUN) has risen by over 127% to a high of $0.02568, driven by positive Tron ecosystem developments.
    • Both 0DOG and SUN are poised for growth, with bullish trends and strong fundamentals.

    As the cryptocurrency landscape evolves, certain tokens are making significant waves, capturing the attention of investors and analysts alike. Bitcoin Dogs (0DOG) and Sun token (SUN) are two notable examples, each experiencing substantial growth amid a bullish market.

    This article delves into the recent performance of these tokens and offers insights into their future trajectories, reflecting the broader bullish sentiment in the crypto space.

    Bitcoin Dogs (0DOG) pump after listing, can it maintain the momentum?

    Bitcoin Dogs ($0DOG), the world’s first ICO on the Bitcoin BRC20 token, has made a remarkable entrance into the cryptocurrency market. The $0DOG token has been listed on three major exchanges: MEXC, Gate, and UniSat, and its debut was nothing short of spectacular.

    On its first trading day, according to Gate.io data, $0DOG experienced an impressive surge, climbing over 2.7x to reach $0.12270 before stabilizing around $0.043 before the end of the day.

    Bitcoin Dogs (0DOG) price chart

    Although the token price has since dropped to around $0.03025 at press time, the initial pump highlighted the strong market demand and the robust technical support that 0DOG enjoys.

    The success of 0DOG’s launch can be attributed to a combination of factors, including the anticipation built during its presale phase, which raised $13.4 million.

    The token’s performance reflects investor enthusiasm and confidence in its potential. Despite some early profit-taking, $0DOG has stabilised around its launch price, establishing firm support. This resilience suggests that the token has a strong buyer base, similar to other successful meme coins like PEPE, which saw significant long-term gains despite initial volatility.

    Looking ahead, the outlook for Bitcoin Dogs appears promising. Analysts are optimistic about 0DOG’s potential to capitalize on the anticipated bullish trends in Bitcoin’s price action. With Bitcoin’s price expected to surge in Q4, 0DOG is well-positioned to benefit from the broader cryptocurrency market’s growth.

    Additionally, the integration of Bitcoin Dogs into the Telegram gaming sector, with its unique blend of Tamagotchi-style gameplay and PvP battles, is set to attract a significant user base, further enhancing the token’s growth prospects.

    The upcoming developments, including staking opportunities, NFT collections, and game beta releases, will likely drive additional interest and investment in 0DOG.

    SUN token future outlook amid bullish market sentiment

    Sun token, the native token of SUN.io platform has also been making headlines with its recent price movements. The SUN.io platform is TRON’s first one-stop platform that supports stablecoin swap, token mining and self-governance.

    Over the past seven days, SUN token price has seen a dramatic increase, rising over 127% to a high of $0.02568, its highest level since 2022.

    This rally pushed its market cap to over $182 million and represented a 143% increase from its lowest point earlier in the month. The token’s impressive performance is a testament to the growth of the Sun ecosystem as the broader Tron ecosystem sees spontaneous growth buoyed by positive developments such as the launch of the SunPump platform.

    The SunPump platform, which has already accumulated over $1.5 million in assets, is driving increased interest in SUN. The platform’s success in generating new meme coins and its comparison to Pump.fun, a notable meme coin generator, underscores its potential impact on SUN’s value.

    In addition to the SunPump platform’s success, the broader Tron ecosystem has also contributed to SUN’s positive trajectory. The Tron blockchain has demonstrated substantial growth, with over 2.36 million active addresses and a market cap of over $59.54 billion for stablecoins. The ecosystem’s expansion enhances the overall value proposition of SUN.

    Looking forward, SUN’s future prospects are closely tied to the continued success of the SunPump platform and the overall growth of the Tron ecosystem.

    As a majority of Tron-based tokens continue to experience bullish sentiments, SUN is well-positioned to capitalize on these trends, potentially reaching new heights. With the recent upgrade to its contract and ongoing ecosystem developments, SUN’s upward momentum is expected to continue, making it a token to watch in the coming months.

    Conclusion

    Both Bitcoin Dogs (0DOG) and Sun (SUN) are poised for significant growth, driven by bullish market sentiments and strong underlying fundamentals.

    As these tokens navigate their respective trajectories, they offer promising opportunities for investors looking to capitalize on the evolving cryptocurrency landscape.

    If interested in Bitcoin Dogs (0DOG) it is currently available on MEXC, Gate, and UniSat. You could also visit the official Bitcoin Dogs website to learn more about the cryptocurrency.

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  • Toncoin signals bullish momentum as Bitcoin Dogs gears for its debut on three exchanges

    Toncoin signals bullish momentum as Bitcoin Dogs gears for its debut on three exchanges

    Toncoin signals bullish momentum as Bitcoin Dogs gears for its debut on three exchanges
    • BARR pattern breakout signals a potential 40% rise to $9.50 for Toncoin (TON).
    • Binance listing and Injective integration boost Toncoin’s price and liquidity.
    • Bitcoin Dogs’ 0DOG token will debut on Gate.io, MEXC Official, and Unisat Wallet.

    As August progresses, Toncoin (TON) and Bitcoin Dogs, two prominent players in the cryptocurrency space are capturing the spotlight. Toncoin is showcasing impressive bullish momentum, while Bitcoin Dogs is preparing for a significant market debut.

    With the crypto market witnessing fluctuating trends, these developments offer intriguing insights into the evolving landscape of digital assets. This article delves into the bullish signals for Toncoin and the highly anticipated launch of Bitcoin Dogs on major exchanges.

    Toncoin bullish momentum and technical analysis

    Toncoin (TON) has exhibited strong bullish signals, positioning itself as one of the top-performing cryptocurrencies.

    As of August 19, 2024, Toncoin is trading at $6.82, reflecting a notable rise of 8.36% over the past week, despite a broader market decline. This surge is attributed to several key factors, including technical patterns, fundamental developments, and on-chain data.

    One of the most compelling technical indicators for Toncoin is its breakout from a Bump-and-Run Reversal (BARR) pattern. This pattern, often a precursor to significant upward movement, suggests a potential price increase of around 40%, targeting the $9.50 mark.

    The BARR setup begins with a lead-in phase, followed by a sharp downturn (bump), and culminates in a recovery and eventual breakout (run). Recent price behaviour aligns with this setup, reinforcing the bullish outlook.

    The breakout, which occurred around August 18, 2024, was marked by a sustained rise above the previous declining trendline, coupled with increased trading volume. This technical shift is further supported by Toncoin trading above its 50-day and 200-day exponential moving averages (EMAs), both of which are showing upward slopes.

    Additionally, the Relative Strength Index (RSI) remains above the neutral 50 level, indicating continued buying pressure despite short-term overbought conditions.

    Fundamental factors have also played a crucial role in Toncoin’s recent price surge. Notably, the listing of Toncoin on Binance on August 15, 2024, has significantly improved its liquidity and market accessibility.

    Furthermore, the integration of Toncoin with the decentralized finance protocol Injective on August 14, 2024, has enabled TON-based assets to be utilized within Injective’s ecosystem, enhancing its utility and adoption.

    On-chain data further supports the bullish sentiment surrounding Toncoin. Analysis shows a redistribution of tokens from large holders (whales) to smaller investors. As of August 19, 2024, the percentage of Toncoin held by addresses with 100,000 to 1,000,000 coins has declined, while the share held by addresses with 10,000 to 100,000 coins has increased.

    This shift indicates growing buying interest among mid-sized investors, often a precursor to bullish price action.

    Bitcoin Dogs’ major market debut on August 21

    In a parallel development, Bitcoin Dogs is set to make a significant market debut on August 21, 2024. The project, which raised over $13.496 million in its presale, will list its 0DOG token on three major exchanges: Gate.io, MEXC Official, and Unisat Wallet.

    This milestone marks the transition from its presale phase to active trading and is expected to generate substantial interest and trading activity.

    Bitcoin Dogs is notable for being the first-ever ICO on the Bitcoin blockchain, combining blockchain technology with canine-themed digital assets. The project features a metaverse called the Dogaverse, where users can engage in various activities, including gameplay and NFT trading centred around a canine theme.

    The presale of Bitcoin Dogs was a resounding success, and the upcoming exchange listings represent a pivotal moment for the project. The strategic choice of exchanges reflects Bitcoin Dogs’ commitment to expanding its market reach and providing ample liquidity for its tokens.

    The token claim process will also commence on August 21, allowing presale participants to access their tokens.

    Looking ahead, Bitcoin Dogs has outlined an ambitious roadmap, including a game beta, token staking, and multi-chain support. The project’s innovative blend of blockchain technology and canine culture positions it as a unique player in the crypto space, with further developments planned for late 2024 and early 2025.

    Conclusion

    As Toncoin signals bullish momentum with promising technical and fundamental indicators, and Bitcoin Dogs (0DOG) gears up for its major exchange debut, these developments underscore the dynamic nature of the cryptocurrency market.

    Investors and enthusiasts alike are keenly watching these developments, which could shape the future trajectory of these digital assets.

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  • Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action

    Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action

    • Bitcoin surges above $46,000.
    • Bitcoin (BTC) is surging ahead of the much anticipated Bitcoin halving event.
    • Rebel Satoshi gains investor confidence as it nears delivering a 150% presale ROI.

    The crypto market has witnessed notable outflows over the past week as bears loom. As a result, top crypto coins are trading in the red. However, Ali Martinez, a renowned Twitter analyst, believes Bitcoin (BTC) will surge soon. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, is primed for massive gains before the end of the month.

    Between Bitcoin and Rebel Satoshi, which cryptocurrency will deliver the best returns in February? Let’s find out!

    Bitcoin: has the Bull Run began?

    Bitcoin performed poorly over the past seven days. On January 30, BTC was changing hands at around $43,611.27. After holding this level for a day, BTC slumped on January 31 ahead of the US Treasury’s decision on interest rates. The resulting downtrend saw BTC trade as low as $41,931.21 on February 1.

    However, BTC recovered partially after Ali Martinez pointed out that investors had transacted 912,626 BTC within the $42,560 price range, forming a significant support level. By February 6, BTC had stabilized at around $42,885.24. The price has since taken to the moon soaring past $46,500 at the time of writing on February 9.

    So, is Bitcoin a good crypto to buy now? According to analysts, despite the current bullish trend, BTC may face further headwinds due to the liquidation of Grayscale’s GBTC fund. To this end, experts set the end-of-February BTC prediction at between $35,807 and $50,000.

    Rebel Satoshi basks in the success of its presale

    Rebel Satoshi, a burgeoning meme coin that aims to challenge the status quo in the crypto industry, has caught investor interest with its audacious mission of fighting centralization. Additionally, Rebel Satoshi has left investors buzzing about its potential after securing close to $1.8 million thus far during its ongoing public presale.

    It is worth noting that $RBLZ, Rebel Satoshi’s governance and membership token, has also played a vital role in wooing investors. Specifically, $RBLZ offers investors access to the Rebel Satoshi ecosystem, which will feature the Rebel NFT Vault, an NFT marketplace, a P2E game, and a stake-to-earn program.

    By January, Rebel Satoshi had commenced Monarchs Round 4 of its presale, and $RBLZ’s price was $0.022. This price represents a 120% surge from the Early Bird Round $RBLZ price of $0.010. Notably, Early Bird Round investors will realize a 150% ROI when $RBLZ reaches its listing price of $0.025.

    On the other hand, Monarchs Round 4 investors will realize a 13.64% ROI when $RBLZ surges to $0.025. Interestingly, Rebel Satoshi has set February 29 as the closing date for its presale. More importantly, analysts believe $RBLZ will surge further when it gets listed on top DEXs after Rebel Satoshi concludes its presale.  

    For more information on Rebel Satoshi, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Pullix (PLX) price outlook as investors savour bullish market

    Pullix (PLX) price outlook as investors savour bullish market

    • Pullix (PLX) presale price has increased to $0.08 in stage 6.
    • Meanwhile, the broader crypto market outlook is bullish amid anticipated Bitcoin ETF approval.
    • As Bitcoin looks to break higher, analysts say altcoins could follow.

    With investors in an extremely bullish mood, top altcoins led by Ethereum are looking to strengthen their latest upside momentum. 

    Pullix, whose presale has surpassed the $3.2 million mark as investors take an early position, is also poised as it eyes its market debut.

    Altcoins surge as BTC price retests $47k level

    Bitcoin’s price saw a remarkable move on Monday as it soared more than 5% to break to the $47,000 level. The upside came as the crypto market increasingly became convinced the US Securities and Exchange Commission (SEC) is set to approve the US market’s first spot Bitcoin ETF.

    This latest bullish flip coincided with the SEC Chair Gary Gensler’s comment on the potential risks of investing in crypto.

    The broader reaction saw BTC pull altcoins higher, with Ethereum boosted to above $2,300, BNB above $310 and Solana swinging past the psychological $100 level.

    While prices have seen a correction in the past 24 hours, with BTC back to $46,500 and ETH to $2,300 levels, crypto analyst Michael van de Poppe says ETF sentiment remains the main catalyst this week. He expects Bitcoin to hit prices in the $48k to $51k range on approval, while altcoins could see a late flourish. He also says dips are for buying.

    Pullix presale heats up amid bullish market

    The drive behind Pullix (PLX) token sale is its technology and what it could mean for the crypto trading industry, and DeFi in particular, in 2024 and beyond.

    Set to mark its entry in the market after its presale, Pullix will offer a hybrid exchange platform designed to offer the best of both centralised and decentralised exchanges. Importantly, given the recent hiccups around exchanges such as FTX and Binance, Pullix promises a non-custodial exchange where users remain in complete control of their assets.

    Investors eyeing the potential impact of Pullix in the ecosystem see its presale as a perfect phase to make an entry. That and the expected bull run mean buying PLX today could be a smart move. Pullix has so far raised $3.2 million in its PLX token sale.

    PLX price prediction

    Currently, PLX is priced at $0.08 in stage 6 of the presale. The PLX price at the start of the presale was $0.04, which means first stage buyers are looking at a potential 100% upside were the token to launch in the market today. Fortunately, the presale is ongoing, with a small amount of the 60% of total supply available for presale still up for grabs.

    When the presale phase ends, Pullix will go live on trading platforms. Apart from its fundamental strengths, momentum seen across the market could be key to catapulting PLX higher. 

    If you are looking to invest in this token, add your own due diligence. You can visit the Pullix website for more details about its hybrid exchange and tokenomics.

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  • Grayscale’s GBTC tops ETFs, Standard Chartered bullish on BTC, Meme Moguls trending in BTC ETF buzz

    Grayscale’s GBTC tops ETFs, Standard Chartered bullish on BTC, Meme Moguls trending in BTC ETF buzz

    • Standard Chartered forecasts $200K Bitcoin by late 2025, banking on ETF approval.
    • Grayscale’s GBTC outpaces 99% of ETFs, trading close to half a billion dollars.
    • Meme Moguls, a meme-backed stock market, enters the crypto space with presale buzz.

    As the crypto world buzzes with anticipation over the potential approval of spot Bitcoin ETFs in the US, major players are making bold predictions. Standard Chartered forecasts a staggering $200,000 target for Bitcoin by late 2025, contingent on ETF approval.

    Simultaneously, Grayscale’s Bitcoin Trust (GBTC) is making waves, outpacing the majority of ETFs in trading volume. Amidst this, a new player, Meme Moguls, is poised to capitalize on the ETF momentum.

    Standard Chartered’s $200K Bitcoin projection with ETF approval

    Standard Chartered, a banking giant, has made a striking projection for Bitcoin’s future. The multinational firm predicts a potential surge to nearly $200,000 by late 2025, riding on the approval and success of Bitcoin exchange-traded funds (ETFs) in the US. This optimistic forecast, shared on X by Entrepreneur and Bitcoin investor Lark Davis, is underpinned by the belief that spot Bitcoin ETFs could attract significant inflows, ranging from $50-100 billion in 2024.

    The bank’s Head of Digital Assets, Geoff Kendrick, and Precious Metals Analyst Suki Cooper base this projection on the assumption that US-listed spot Bitcoin ETFs could hold a substantial amount of Bitcoin by the end of 2024, potentially multiplying its current price by 4.3 times. Kendrick and Cooper draw parallels with the growth trajectory of gold exchange-traded products, envisioning a more rapid ascent for Bitcoin given the expected faster development of the BTC ETF market.

    Grayscale’s GBTC outpaces ETFs in trading volume

    While Standard Chartered makes forward-looking predictions, Grayscale’s Bitcoin Trust (GBTC) has already demonstrated significant prowess.

    According to industry expert Eric Balchunas, GBTC traded close to half a billion dollars on January 8, surpassing over 99% of the approximately 3,000 existing ETFs. Balchunas points out that if spot Bitcoin ETFs get approved, Grayscale will enter the market with substantial trading volume, giving it a significant advantage over its competitors.

    Meme Moguls seizing the opportunities amid the ETF buzz

    In the midst of the ETF buzz, a newcomer is entering the arena – Meme Moguls. This platform positions itself as the world’s first meme-backed stock market/exchange. As the crypto community eagerly awaits the potential approval of spot Bitcoin ETFs, Meme Moguls aims to capitalize on the growing interest in the cryptocurrency market.

    The Meme Moguls ecosystem is powered by the Meme Moguls Governance Token ($MGLS), featuring diverse meme-inspired assets and engaging community-driven features like a casino, trading platform, fantasy trader, and a metaverse world named Mogul Land.

    Meme Moguls is currently in the presale stage of its MGLS token, offering participants an opportunity to get involved in the world of meme trading and potentially become part of a groundbreaking utility-based memecoin. With a $10,000 giveaway at the end of each presale stage and ambitious plans to create 100 millionaires within the first three months of launch, Meme Moguls is setting high expectations.

    In the presale’s current stage, participants can access $MGLS for $0.0027, with a total supply of 3 billion tokens. Analysts predict substantial growth for $MGLS, aligning with the overall bullish sentiment in the cryptocurrency market.

    Conclusion

    In this dynamic landscape, where traditional financial institutions make ambitious forecasts, established entities like Grayscale showcase real-time strength, and emerging platforms like Meme Moguls strive to carve their niche, the crypto market remains an ever-evolving space.

    As the spotlight remains on the potential approval of spot Bitcoin ETFs, these developments mark significant steps in the maturation of the cryptocurrency ecosystem.

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  • Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

    Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

    Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024. 

    This means that the price of Bitcoin could go up significantly and so will other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge.

    Everlodge the first web3 marketplace for real estate trade

    Shiha Inu and BNB crypto are not the only tokens that can benefit from the Bitcoin halving. One new token that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. Why? You might ask. Global tourism has been growing since the end of the Covid-19 lockdown. 

    Because investing in real estate requires a significant amount of money upfront, only a few wealthy individuals have joined the industry. Everlodge is here to assist and promises to make property investment simpler. They’ve harnessed blockchain technology to turn real estate into NFTs, which can be split into smaller parts. 

    Just so you know, anyone can buy these NFTs for as little as $100. Furthermore, the value of these NFTs rises as the properties appreciate. Additionally, these NFTs have more value than regular ones. During this time, the value of its token, ELDG, surged by more than 100%, going from $0.01 to $0.23.

    Everlodge’s price is expected to continue increasing as the presale proceeds. 

    For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

    Shiba Inu moves towards self-custody of assets

    The Shiba Inu (SHIB) team is working on a new feature to allow SHIB coin holders to manage their identity. A Shiba Inu developer, Kaaldhairya, mentioned the news in a comment on October 28th. He talked about a digital ID system for SHIB coin holders. 

    Meanwhile, Shiba Inu developers haven’t shared all the details yet. However, they are counting down 72 hours to the big reveal on October 31st. This new feature, called Self-Sovereign Identity (SSI), is expected to make SHIB more decentralized and make the Shiba Inu ecosystem stronger.

    Also, this would attract more investors and affect Shiba Inu’s price in the long term. The Shiba Inu coin price crossed the $0.00000803 level in October. Analysts have noted that Shiba Inu’s value will rise to $0.00003360 in 2024.

    BNBChain launches multi-signature wallet service

    BNBChain has introduced a new wallet service called BNB SafeWallet. This wallet uses the Gnosis Safe protocol and works on both the Binance Smart Chain and opBNB. According to BNBChain’s blog post, this launch is a big step in making the BSC network more secure. 

    Besides, the BNBChain Safe multi-signature wallet service offers users a safe place to store their digital assets. BNBChain’s native token, Binance Coin has seen huge gains lately. It has broken out of its consolidation phase and increased to $229.25 on October 30th.

    Currently, analysts have looked at the BNB token. They have forecasted that BNB price will increase to $310 in 2024, soaring on Bitcoin’s halving event. Given the bullish predictions, investors are now looking for where to buy BNB.

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  • Michael Saylor is bullish on Bitcoin but sceptic on all other crypto

    Michael Saylor is bullish on Bitcoin but sceptic on all other crypto

    michael saylor bitcoin most secure asset
    • Michael Saylor reiterates his bullish view on Bitcoin.
    • MicroStrategy Inc currently has about 140,000 BTC.
    • Bitcoin has lost nearly 10% from its high in April.

    Bitcoin has lost nearly 10% in recent weeks but the pullback is only an opportunity to build a position as far as Michael Saylor – Chairman of MicroStrategy Inc is concerned.

    Saylor is sceptic on other cryptocurrencies

    Interestingly, his bullish view is particular to bitcoin only while he remains “sceptic” on other cryptocurrencies in the midst of regulatory uncertainty. Speaking with CNBC today, Saylor said:

    I think bitcoin has found the bottom, the leverage is out of it, we are on a bull run. BTC is the one commodity the SEC won’t regulate. I think the way is clear for bitcoin to rally from here.

    Earlier this month, the U.S. Federal Reserve signalled a “pause” which could be a tailwind for BTC moving forward as easing monetary policy is known to see investors make riskier bets.

    MicroStrategy Inc currently has about 140,000 bitcoin bought for a total cost of roughly $4.17 billion.

    Why else is he keeping bullish on bitcoin?

    Saylor is convinced that the recent bank failures and the regulatory uncertainty surrounding cryptocurrencies will work in favour of the bitcoin considering its reputation as the safe haven.

    Bitcoin is the most secure network, the most secure asset. You’ll see a consistent flow of capital flowing from the rest of the crypto ecosystem to bitcoin.

    Other reasons cited for the bullish view on BTC include the “Lightning Network” – a protocol layered over bitcoin that he’s convinced has the potential to be a disruptive payment network.

    Also on Friday, Anthony Pompliano also said that bitcoin was like the world’s biggest insurance company.

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  • Fetch.ai (FET) price dips as bears threaten bullish outlook

    Fetch.ai (FET) price dips as bears threaten bullish outlook

    • FET price dipped 8% to support near $0.38
    • Today’s sell pressure comes after FET/USD broke higher after a pennant pattern.
    • Fetch.ai is a leading artificial intelligence related crypto project.

    Fetch.ai price has retraced to support near $0.38 amid a broader crypto market dip that has Bitcoin again below $30k and Ethereum under $2k.

    According to data from CoinGecko, the price of FET was down more than 8% in the past 24 hours on Wednesday morning, with the technical picture suggesting possible breakdown to a recent support zone.

    This could be the case if bears take advantage of current weakness to force prices lower.

    FET price prediction: bulls need to hold onto gains

    Fetch.ai is an artificial intelligence-powered blockchain platform that seeks to enable full decentralisation of peer-to-peer transactions. The platform has announced new crypto trading products for DeFi users as the ecosystem embraces the benefits of artificial intelligence in trading.

    The price of Fetch.ai has been one of the altcoins to profit from the sentiment around the AI in crypto narrative in 2023.

    As can be seen in the Fetch.ai price chart below, FET/USD recently formed a bullish pennant – a technical indicator that usually suggests continuation on the upside.

    Fetch.ai price prediction daily chart. Source: TradingView

    But this outlook could be jeopardised if prices dip further, with primary support then expected near $0.34.

    FET also has the daily RSI flipping downwards from near the oversold territory, while the MACD remains above the signal line but is suggesting weakness. If bears take charge, the recent consolidation zone between $0.25 and $0.29 will offer a crucial buffer should market weakness continue.

    On the upside, if more buy FET pressure materialises, a flip to the February highs of $0.60 could be possible in the coming days. The immediate outlook suggests the area around $0.40 should offer the main resistance before a +60% breakout to the aforementioned target.

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  • Bullish Bitcoin Price Indicates Crypto Market Recovery

    Bullish Bitcoin Price Indicates Crypto Market Recovery

    With Bitcoin’s price making a resurgence, investors are gearing up for a bull market in 2023. Crypto signal providers are seeing renewed interest thanks to their ability to save investors time and money by pinpointing the best entries. Many savvy traders continue to recommend AltSignals as the go-to platform.

    Thanks to its sterling reputation, AltSignals’ recently announced ASI token presale is expected to be huge. In this article, you’ll find out why AltSignals is so highly regarded and why its ASI token could elevate the online trading experience for investors all across the globe. 

    Bitcoin Price Revitalized, Prompting Investors To Check Out AltSignals

    It seems like a risk-on mood is back in the markets. With the Fed expected to slow down or reverse interest rate hikes this year, investors have been loading up on crypto before the next bull cycle begins. 

    Since the start of 2023, Bitcoin’s price has risen almost 47% from around $16,500 to a high of approximately $24,250 in early February. This rapid ascension in Bitcoin’s price has accompanied a surge in interest in online trading, leading many investors to start looking for the best crypto signal providers to boost their profits. One name that has regularly cropped up is AltSignals. 

    What Is AltSignals?

    AltSignals is a leading name in the crypto signals industry, established in 2017. It uses a team of market experts and professional traders to combine technical and fundamental analysis with its in-house algorithm, AltAlgo™. As a result, AltSignals has earned a reputation as one of the most reliable and profitable signal providers out there. 

    This reputation is quickly validated when looking over their stats. Over 52,000 traders rely on the 3,700 trade calls it has produced since its launch, with the platform holding a 4.9/5 rating on Trustpilot after receiving nearly 500 positive reviews. The actual trading results speak for themselves: AltSignals has returned over 10,000% in 19 out of 32 months on record.

    AltSignals’ ASI token is projected to attract a new wave of attention to the AltSignals platform. This is due to the excellent benefits ASI will offer holders that will help them make the most out of their online trading journey. 

    How Is ASI Expected To Change the Online Trading Game?

    ASI is an Ethereum-based token that will act as the fuel for the AltSignals ecosystem. Its primary use case will be to access and receive signals from the upcoming ActualizeAI algorithm. This algorithm will boost AltSignals’ accuracy further thanks to a comprehensive AI stack, which includes machine learning, predictive modelling, and sentiment analysis. For ASI holders, they’ll be the first in line to experience the power of this new algorithm. 

    Holding ASI will also grant exclusive entry into the ActualizeAI Club, where users can play an active role in giving feedback and helping to test the ActualizeAI algorithm in return for early access to the latest upgrades and earning ASI tokens. In the process, they’ll work directly with the AltSignals team to improve their products and optimize the signals produced. 

    ASI will become the platform’s governance token, allowing users to vote on new upgrades, partnerships, and more. They’ll also be able to set the token’s buyback and burn rate, which will help to restrict the supply of ASI over several years and potentially lead to price appreciation.

    The Long-Term Outlook for ASI

    The ASI token is predicted to see exceptionally high demand, with many projecting that the ASI presale will sell out rapidly. Traders are expected to flock to the token when they find out it grants access to the ActualizeAI algorithm and Club.

    This group alone could easily send ASI skyrocketing as traders rush to become part of an elite group dedicated to building one of the greatest trading algorithms the world has ever seen.  This spirit of collaboration and mutual support will set AltSignals apart from other signal providers and is set to be a major contributing factor in the success of the ASI token.

    Consequently, several analysts predict that ASI will climb well beyond its final presale price of $0.02274, with some forecasting that $0.50 is easily achievable by the end of 2023. If $0.50 is reached, investors could be up almost 2,100% in just under a year – far beyond what any Bitcoin price prediction could hope to attain. 

    Should You Invest in ASI?

    As Bitcoin’s price continues to grow and the bull market heats up, AltSignals will likely see a massive surge in interest. Thanks to the ActualizeAI algorithm and the platform’s proven reputation, its ASI token will likely be one of the lucky few that return life-changing gains in 2023. 

    The beta sale price of $0.012 seems exceptionally undervalued, so expect this first phase to sell out quickly. If you’re thinking of getting involved, be sure to visit their presale website. 

    You can participate in the AltSignals presale here.

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  • Bitcoin on-chain metrics are now bullish: Bitfinex

    Bitcoin on-chain metrics are now bullish: Bitfinex

    • Bitfinex market report points to bullish metrics for BTC
    • Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green.
    • Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news.

    Bitcoin is trading around $23,360 at the time of writing, about 2.4% up in the past 24 hours as cryptocurrencies flash green on Tuesday amid an improving market sentiment.

    For the world’s leading cryptocurrency by market cap, it appears on-chain metrics are ticking further north to suggest a strengthening bullish case.

    Supply in Profit up 20%, points to buy signal

    According to analysts at Bitfinex, one of Bitcoin’s on-chain metrics suggesting fresh upside momentum is likely the Supply in Profit indicator. Data shows bulls look to have successfully absorbed selling pressure as short-term and some long-term HODLers turn profitable.

    An observation of the metric on the 90-day time frame highlights a 20% jump for the “supply in profit” chart in January 2023, the analysts wrote in the report released on Monday.

    “This implies that larger and longer-term investors currently hold profitable on-paper spot positions. This is healthy for the latter half of a bear market as a sustained 30-day uptrend after an extensive downtrend on this indicator has historically provided a good buy signal for the following two years,” the Bitfinex team noted.

    As far as markets are concerned, the above scenario doesn’t mean that the crypto market is set for an “up-only” move. However, the outlook does suggest bulls have an upper hand in the spot markets, a scenario that’s historically reflective of “late bear and early bull markets.”

    The Bitcoin Realised HODL (RHODL) Multiple, historically also bullish, has also been in an uptrend. According to data, the RHODL Multiple has remained positive over a 90-day window, to also suggest profitability for HODLers.

    Key metrics suggest a 10x jump for BTC price

    Apart from the 90-day EMA, other technical indicators flipping green include the net adjusted Spent Output Profit Ratio. Per on-chain data, the indicator is currently above one, which suggests that net sales across the Bitcoin market are profitable.

    Also, the Realised Profit to Losses (RPLR) ratio is above zero, which also confirms the profitable selling observed in past few weeks. The metric is currently moving towards 0.2, a reading comparable to the RPLR measure when Bitcoin price fell to lows of $3,600 in 2019. After the RPLR hit 0.2, BTC price flipped green and rallied 19x, hitting its all-time high in November 2021.

    Bitcoin Realized Profit Loss Ratio chart by Glassnode

    With the metric approaching this ratio when Bitcoin fell to lows of $16,000, the possibility of another 10x rally could see BTC target highs of $160,000 over the next two-three years.

    Bitcoin’s reserve risk ratio suggests HODLer conviction is high

    Looking at a longer time frame, Bitcoin’s on-chain metrics are also pointing to a bullish outlook. One odf these technical indicators is the Reserve Risk ratio.

    According to on-chain analytics platform Glassnode, Bitcoin’s reserve risk ratio has fallen to its all-time low. This puts the metric lower than when markets bottomed in 2019 or 2020, Bitfinex analysts pointed out.

    As the ratio is a cyclical oscillator that highlights price vs. HODLer conviction, with incentive to sell factored against opportunity cost, a very low ratio translates to a higher conviction among investors.

    A positive outlook for Bitcoin is also seen in the Market Value Realised Value (MVRV) ratio, which has recovered and has often coincided with historically bullish returns.

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